Southridge Enterprises Inc (SRGE)

[samsamsamiam]

BINGO! SRGE has not been halted because the information they have provided is true and accurate.

hardly - given it was trading mostly in the subpenny range - probably not a priority to pull the plug on it. and believe me the SEC does not spend all day reviewing the scammy pink sheet filings for accuracy.

I'm certain if there was really a legal dispute over a gold mine property reported to be worth so much money, it would have been plastered all over the news and the whole world would have heard about it.

Most people have never heard of SRGE. Nor do they care about SRGE.
If they had what they said they had - you can be sure it would be plastered all over the newspapers. They bought the gold mine with SHARES of SRGE and are now trying to tell people they have a NYSE buyer willing to pay a half a billion dollars for it 2 years later. Give me a freaking break!

I'm certain The SEC would have already looked into that claim.

The SEC does not look nor validate every single filing that comes in. This company does not even report to the SEC - they would never see their filings.

I can't imagine that the SEC would just blow off such a large claim for years without at least looking into actual ownership of the property to see if there really was an issue.

It is not the SEC's job to prove ownership. Srge will have to do that when suspended.
Unless issues like these are handed to the SEC on a silver platter - they would never know about them.

The SEC's job will be to protect investors from FRAUD involving publicly traded companies. And the mere mention of that buyout by a NYSE company should give it the attention it really needs.
I am sure the scamsters behind that buyout hope to be gone before the SEC even arrives. Unfortunately - for investors holding their bags of worthless stock - that is the reality.