Do you really need the word "Fraud" to understand that fraud by SRGE has been committed? You cannot read fraud?
This statement by the SEC lets us know CLEARLY that SRGE has lied about the JV, and ALSO has lied about the Magna Funding to uplist SRGE to OTCBB, 2 lies clearly written here.
It appears to the Securities and Exchange Commission that there is a lack of
current and accurate information concerning the securities of Southridge Enterprises, Inc.
("Southridge”) because of questions regarding the accuracy of statements made by
Southridge in press releases to investors concerning, among other things, the company’s
business operations and arrangements, including certain claims regarding a joint
partnership and an arrangement to obtain funding and to change the listing venue for
Southridge stock. Southridge is a Nevada corporation purportedly based in Dallas,
Texas, and its stock is currently traded over the counter and quoted on OTC Link under
the symbol SRGE