Southridge Enterprises Inc (SRGE)

[Jamesmobile]

Agreed. Many companies have increased their A/S to provide easier access to equity capital should they need it to expand operations. The increase in A/S does not mean that SRGE will use those shares, but makes them available should SRGE come across a top-rate mine, or property, that the company needs to move quickly on to purchase. Timing can be everything and while it might appear as dilution, the company would actually be using the funds received to purchase more assets.