Southridge Enterprises Inc (SRGE)

[I-Glow]

Why Southridge Ethanol became Southridge Minerals. If you have bothered to look at Southridge Ethanol you would see that they are using the exact same strategy to lure in investors. They issue great news press releases about building new plants, acquisitions and huge contracts they have signed. But in reality there aren't doing anything but issuing press releases.

You have to remember SRGE has only been in the mining business since the first part of 2011!!!

But, as usual with this bunch of crooks no one can ever verify anything in the press releases.

But, the reason Southridge changed from Ethanol to Gold was that Gold was sexier and much easier to entice investors to donate money to the enrich SRGE insider fund. Plus, gold is in the news and Ethanol has become passe.

But, here are a few of the beauties from the Ethanol business.

Southridge Enterprises Inc. (BULLETIN BOARD: SRDG) (the "Company") announced that Southridge Ethanol, Inc., its wholly owned subsidiary, has signed a letter of intent ("LOI") to acquire ethanol plant from Bronsiacco Industrial Ltd.

"The opportunity to acquire this plant has given Southridge a tremendous advantage to be a large producer of ethanol in Brazil. By purchasing an existing plant, we will be able to produce 50 million gallons per year (MMGY) by May 10, 2009.

Southridge Enterprises, Inc. (OTC Bulletin Board: SRDG; the "Company") announced that the Company's subsidiary, Southridge Brasilia Corp. ("SBC"), has received a total of $7,500,000 from its project partners for the construction of the ethanol facility in Brazil.

Southridge Enterprises Inc. has announced that it is ahead of schedule in the completion of its El Salvador-based ethanol production facility.

Dallas, Texas [RenewableEnergyWorld.com] Southridge Enterprises Inc. has announced that it is ahead of schedule in the completion of its El Salvador-based ethanol production facility. Announced in December 2007, the new plant will have a maximum annual capacity of 20 million-gallons-per-year (MGY). Southridge is also developing ethanol plants in Mississippi, Texas and Brazil.

The company expects to replace the local grower's supply of sugarcane with the harvest of the company's proprietary land.

In addition the company has recently signed several purchase agreements with major local sugar cane growers to supply the feedstock necessary to operate the facility. The company expects to replace the local grower's supply of sugarcane with the harvest of the company's proprietary land.

The plant's first phase will have the capacity to dry up to 15 MGY of hydrous ethanol to be imported into the United States. The second phase will be to build the plant capable of producing 5 MGY of ethanol using sugar cane as feedstock. Bagasse, the fibrous material that remains from sugar cane, will be burned as fuel and cut down our energy costs by 60 percent.

Southridge also announced that it has entered into an ethanol sales agreement with Hong Kong based Jinsung Ho Trading Group (JHTG) for the supply of 20 million gallons of ethanol per year. Deliveries are expected to begin in October 2008. The ethanol is being sourced from Petrozilian Energia SA (PES) from Brazil.

SRGE is pulling the same game with Gold as it did with Ethanol.

CAVEAT EMPTOR - INVESTOR BEWARE!!!

IG