Replies to post #43236 on Southridge Enterprises Inc (SRGE)

[DaveBo1]

Agreed, SRGE audited financials, filings and disclosures should send the pps to new highs. BTW it seems the Bandera (BGL) has been
removed also.

[Sibware]

I can't hardly wait to see the gifts and goodies in those new filings.
Things like the new SS, Revenue projections...
You know those little things to instill shareholder's confidence and boost the PPS of course

[samsamsamiam]

SRGE is not UPLISTING to the OTCBB next week. All that is EXPECTED to be due next week is an unaudited quarterly. And "additionally - anticipates having its status changed back to Current Information shortly after the disclosure of the May quarterly report. And no where does it say they will submit AUDITED fiancials. The pinksheets don't require them.

HUGE difference. They are hoping to get a TIER change - not an UPLIST to the OTCBB. and certainly the wording in the PR leaves the door wide open for NONE of those things to happen next week. No guarantees of any of it. Expectations and anticipations are NOT guarantees of anything. Hard to believe though they couldn't at least cough up a late UNAUDITED quarterly though.


October 18, 2012


RE: Information Bulletin on Reporting and Disclosure Status With OTC Markets

Due to factors beyond our control, the Company experienced some significant delays in verifying the financial information for the past several reporting periods. However, the Company is now in the final stages of preparation of its May 31, 2012, quarterly report and expects to have the report posted on the OTC Market next week. Additionally, the Company anticipates having its status changed back to Current Information shortly after the disclosure of the May quarterly report.

If you have any questions, please contact us at [e-mail] or call [phone].




-----------
Upgrade to Current Information:

-Subscribe to the OTC Disclosure and News Service.
-Post an Initial Company Information and Disclosure Statement, pursuant to Section One of the Guidelines for Providing Adequate Current Information (PDF) through the OTC Disclosure and News Service. Complete financial statements from the most recent quarter end as well as from the prior two years must be included.
-Financial statements must be prepared in accordance with US GAAP, but are not required to be audited.
-Submit a signed Attorney Letter Agreement (first two pages of OTC Markets' Guidelines for Attorney Letters with Respect to Adequate Current Information).
-Post an Attorney Letter complying with OTC Markets' Guidelines for Attorney Letters with Respect to Adequate Current Information through the OTC Disclosure and News Service.
-OTC Markets will automatically be alerted to the posted Attorney Letter and within 3 to 5 business days and will:
-Confirm that a signed and dated Attorney Letter Agreement has been submitted
-Verify that company has met the requirements for Current Information
-Move the OTC Market Tier to Current Information or contact the issuer for further information.


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I assume the requirements on this list is why they had in that press release they were "verifying the financial information for the past several reporting periods."



You would think they would have been verified before they filed them in the forst place.