Southridge Enterprises Inc (SRGE)

[I-Glow]

SRGE will have a very difficult time getting any brokers to trade their stock!

The SEC's halt lasts for 10 business days, or until Jan. 11, 2013. Once the 10 days have passed, brokers in the U.S. wishing to trade the company will face an onerous burden. They must keep up-to-date information on the company's financial status and on its insiders. They must also have copies of the company's prospectus, its most recent annual report and any subsequent quarterly reports. In addition, brokers must maintain current information on the company's name, address, state of incorporation, number of shares outstanding, the name of its transfer agent and the nature of its products. Brokers must also know if a price quotation is from another broker or from an insider. They must provide this information to anyone interested in trading the company.

Sounds like the TA will have to have the gag removed. I am sure for a sub-penny stock it is just not worth the trouble and down goes SRGE.

IG