Replies to post #71090 on Southridge Enterprises Inc (SRGE)

[I-Glow]

quikfix, I think if you look at the timing of when Huettel shutdown his practice (I don't know the exact date - the link says last month) and the press release yes I agree they did indeed need new legal representation.

But, with SRGE it leads to many other questions - why would they use what is known as a pump and dump attorney (maybe the most infamous) up until he closed his office. If you were a real company wouldn't you want to distance yourself months ago?

Why have they not named the new Attorney - most press releases I see from public companies have new counsel in place when they issue a press release.

You know Huettel was under investigation and had lost a court motion to turn over bank records. Is this the guy you would want to represent the company you are investing in?

IG

[terry_mathews]

So SRGE puts out a PR on November 8 claiming financials will be reported on the 23rd. But if you believe this:

http://www.pumpsanddumps.com/2012/11/pump-dump-incubator-carrillo-huettel.html

Their lawyers had already fled the country by the time the PR by SRGE was being drafted. And so, When on November 23 the Company reported that they had hired new council and would be delayed a week it is most likely based on the fact that on the 23rd the company only found out they were not about to receive a rubber stamp letter.

But here we are a full week later and the financial promised are not here. Why say they would be only a week earlier if you can’t meet your promise? The fact that the PR did not identify the name of the new firm is most likely because that firm did not exist as of last Friday. After all, if you expect to make a financial filing with their name on it only a week later, what is the issue with naming them in your PR the same way you named Magna in the follow on PR?

The world around SRGE is crashing down on them as lie after lie is catching up with them. Is it coincidence that SRGE files for the first time in a long time in October and Carillo Huettel ( a known P&D firm) suddenly run into legal problems that force them to flee? I know I immediately submitted that filing to the SEC and questioned it’s validity. I suspect others did as well.

Can’t wait for the next financial disclosure and the name on the attorney memo. If it is another boiler shop firm with no pedigree in corporate negotiations of the liking that SRGE claims they have you will once again have a dart pointed directly at the bulls eye of fraud.