Replies to post #77547 on Southridge Enterprises Inc (SRGE)

[VEGASnVA]

At the time of the buy back the JV was not on the table. Now that it is, the company they are going in with wants controlling interest. SRGE didnt have enough of it's own shares to give it to them to take controlling interest from them with out cutting themselves out. SO they increase the A/S, give it to the new partner giving them controlling intrest. Pretty simple if you think about it.

Now just wait for the news.....It's coming.

[CountDeMonay]

C'mon, you realize that the buy back announcement was made BEFORE the new board of directors were announced and added, and BEFORE any deals were apparently on the table!! Give me a break people, things have evolved recently and quickly at SRGE, and now they are doing what they have to in order to position the company into a once in a lifetime opportunity! Jmho

[ganxiaohui]

any way don't feel good hold srge with more 500mils share i think that 500mil share will dump into market in the near future but not sure when, just imo