Replies to post #65009 on Southridge Enterprises Inc (SRGE)

[grego68]

Here is one place

http://www.otcmarkets.com/stock/SRGE/company-info

[~ Blue ~]

Simple check here http://www.otcmarkets.com/stock/SRGE/company-info

[zambia123]

http://www.otcmarkets.com/stock/SRGE/company-info

[Yankyfann1]

IGlow - Sterling makes an excellent point. Yes, we all know the TA is gagged, so you don't have to repeat that line of thought. What's your response to what Sterling states below? I absolutely agree with him in that the FINRA approval of the 11/22 dividend is an indirect indication that the share structure reported by SRGE is accurate.

Here's why FINRA Cash Divided Approval was Key...

The approval of the SRGE cash dividend from FINRA was very important because it confirms that the company has been telling the truth about what their Outstanding Shares (OS) is. Cash Dividends (or any dividends) are paid out in proportion predicated upon the company's amount of Outstanding Shares (OS).

During the FINRA approval process (of which anyone can call FINRA to verify), FINRA coordinated with the company's Transfer Agent (TA), the company's website, the OTC Markets database, previous PRs, etc. to make sure that the amount that was going to be used as the OS was consistent throughout.

If there would have been any kind of disparity, then such would not have been approved by FINRA. This is huge in my opinion and confirms that the SRGE OS is exactly what they have been saying which is consistent throughout and indicated below which is why too it led to a "physical accounting" of SRGE shares which placed it on the Reg SHO Threshold Security List:

SRGE Outstanding Shares (OS)

Outstanding Shares (OS) = 545,874,868 shares
Float = 215,957,230 shares
Restricted = 329,917,638 shares

v/r
Sterling