Southridge Enterprises Inc (SRGE)

[I-Glow]

Acquiring a business is not a capital expenditure it is a acquisition and they are two totally different things. Plus, not only in GAAP but in filing a 8-K they are dealt with differently.

Capital expenditure (capex), is the amount a company spends on buying fixed assets, other than as part of acquisitions.

A capital expenditure either adds a fixed asset unit or increases the value of an existing fixed asset. An example is a new motor for a truck.

Capital expenditure are funds used to acquire or upgrade physical assets such as property, plants and equipment (business combinations and asset deals excluded).

Grego no matter how you cut it CAPEX and acquisitions are different and in 8-K filings they are entered separately.

I think it was more wishful thinking by SRGE investors and trying to validate Sierra's prediction and SRGE's press releases.

If you want to believe they are the same that's cool - but there is not going to be a buyout.

IG