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Friday, October 26, 2012 11:55:01 AM
(Marketwire - 04/12/11) - Southridge Enterprises Inc. ("Southridge" or the "Company") is pleased to announce today that it has initiated the process of submitting its application for the OTC Disclosure and News Service on OTC Markets. Mr. Michael Davies, President of the Company said, "We are pleased to announce that we will be submitting our application for the OTC Disclosure and News Service on the OTC Markets no later than April 25, 2011. We have completed our Financial Statements for FY 2009 and FY 2010 and our Disclosure Statement for Filing on www.OTCMarkets.com website and expect to have our listing status moved to 'Current Information' by May 1, 2011."The steps taken by Southridge to upgrade the OTC Markets status will provide shareholders with complete transparency on all information regarding Company's business and financial conditions.
It is very odd that SRGE does a press release every year to state how they are going to become current.
Care to explain.
IG
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