Southridge Enterprises Inc (SRGE)

[winstoncooper]

When SRGE/MSJ sorts out this mess with BGL, BGL will have to write-off its Exploration and Evaluation "assets" or Costs associated with Cinco Minas........OUCH!!!!!
That is going to be a bigtime hit!!!!
I see some problems with the Audited Financial Statements of BGL. When you have a company with no revenues (like our good friend BGL), you should note in the title of the statements and in the footnotes that it is a Development Stage company.....It should definitely be in the Auditors Report imo.
I do love the last sentence of Note 9: "Should the ruling be in favour of the defendant, the Company would be required to recognize an impairment charge on the property of for $9,924,305."
lmao........MSJ is the defendant........Go MSJ!!!