Replies to post #76334 on Southridge Enterprises Inc (SRGE)

[terry_mathews]

You missed what they just did.

1. The company claimed they had reduced O/S to 545M meaning the current A/S had a 500 Million margin. they just doubled the margin.

2. The company claimed they were cash flow positive and put out a dividend of minimal value to create the ruse. now investors find the float, the O/S, and the company have been selling shares for cash. FTD's and Reg SHO prove that - paper delays settlement.

3. The $5 Million is conditional on uplisting - long way away. they can't stay current on pink sheets. they have to be current with SEC before they go on OTCBB and it starts by filing for a share registration which they filed not that long ago to deregister. The SEC has to approve their registration statement before they can start the process.

Interesting that this change comes at the same time the FTD's and SHO listing is in play - GAGGED TA says it all.