Southridge Enterprises Inc (SRGE)

[sunspotter]

As has already been explained countless times on this MB, as SRGE is a non-SEC filing company (it also doesn't even bother with the minimal requirements of the Pink Sheets) SEC has no power to revoke or otherwise halt the trade on the Grey markets of SRGE shares.

The SEC has already given the clearest possible indication that it thinks SRGE is an out-and-out scam by suspending the stock late last year.

Additionally it is fair to say that even the meanest of intelligences that examines the evidence that has entered into the public domain of late could not fail to conclude SRGE is a screaming scam.

There comes a stage when it is clear that to further the aims of the racketeers behind the SRGE scam by holding out the ludicrous proposition that SRGE could still be legitimate, one must be part of the criminal conspiracy oneself. That stage was reached about a week ago.

And as we can be sure the Feds are now taking names this may not be a particularly smart strategy.