Southridge Enterprises Inc (SRGE)

[grego68]

Why does it seem people have given up hope

That's because (1)MSJ does not have the resources to purchase the enormous price tag Cinco itself has bee reported to be worth...

(2) MSJ is a private company, so by acquiring SRGE's assets, they leave SRGE shareholders behind stuck with shares that are worthless

(3) There is no rule or regulation that buying a company's assets requires shareholders be compensated. The only time shareholders must be compensated is after a total company buyout. That did not happen...

(4) More than likely the "sale" consisted of either a promissory note or shares of MSJ to the remaining SRGE BOD which again, leaves SRGE shareholders with nothing