Replies to post #129143 on Southridge Enterprises Inc (SRGE)

[sunspotter]

The only SRGE Due Diligence that matters, as confirmed by yesterday's PR showing the Kinross JV and the dividends were both lies from SRGE:

SRGE exposed from beginning to end by nodummy

This post is to organize and put into chronological order the details of the SRGE scam from the beginning to the fast approaching end.

I have been personally following SRGE since December of 2010 as seen in this post I made on the SRGE message board on December 14, 2010 (post #307 on this forum)

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57766616

The initiation of the current SRGE scam coincidences with the end of the SAEI scam which is a ticker that I believe is controlled by the same group led by Alex Smid.

Back on December 17, 2010, the SEC suspended SAEI following a months of lies which included lies about the properties they owned, lies about buyouts, lies about who really controlled the shell, lies about their geologist, fake financing companies, etc.

http://www.sec.gov/litigation/suspensions/2010/34-63568.pdf

Basically everything about SAEI was a lie and in my SAEI scam expose I broke down the details about the lies, the insiders involved, and the other tickers that can be connected to this same group including SRGE. I suggest everybody read my SAEI scam expose from start to finish at the following link. It will help make understanding the SRGE scam much easier:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59065471

Like with SRGE, SAEI was largely pumped with the help of touts planted on message boards being fed information about the scam to disseminate among their follows and other message board readers.

http://investorshub.advfn.com/boards/boardposters.aspx?boardid=7709



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SRGE background - Alex Smid

SRGE was actually a pump&dump scam back in 2006 while Alex Smid was controlling the ticker on paper as the CEO and not just in the background.

Alex Smid is a well known stock promoter from out of Vancouver with ties to the Russian and Mexican Mafia according so some:

http://www.pinkinvesting.com/article/view/Southridge-Enterprises-Inc.-SRGE.PK-The-Former-Puppet-Of-A-Seasoned-Criminal

The following article talks about an illegal promotional spam campaign used for SGRE shell back when Alex Smid was the CEO in 2006:

http://www.guardian.co.uk/technology/2006/nov/04/news.money

Smid's CFO, at the time, Gordon Samson can be linked to just about every ticker in the SAEI scam ring.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58871249

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58871938

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58960995

More on Alex Smid:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57777075

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57777492

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80519538

Alex Smid fled Canada in early 2010 after a warrant was issued for his arrest. Indications are that he has been hiding down in Mexico since that time.

http://www.canada.com/vancouversun/news/business/story.html?id=2efba4ce-4740-4833-ad1b-7b452462ee37&k=90106

Even Alex Smid's wife, Grace Smid, is a crook and a scam artist. She stole approximately $100,000 from a youth swim team while entrusted with the role of treasurer by the parents and kids involved in the swim program.

http://www.canada.com/story_print.html?id=5185985&sponsor=

Word is that Alex Smid was made aware of the issues and controversies surrounding the Cinco Minas properties by Roberto Becerra Gudino.



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The Start of the Current SRGE Scam - the return of Alex Smid

Again to really understand just how important the connections made in this next section are and why I believe that Alex Smid still controls SRGE today you first need to go back and read the SAEI scam expose. The connections/similarities between SAEI and SRGE are undeniable.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59065471


When Alex Smid resigned in 2007 he left with a rather large share ownership, and a debt Note owed to him that as of the recent annual report totaled over $1.3 million after interest.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82515831

Plenty of motivation for Alex Smid to come back. Then you have testimonials from William Scott Marshall who at one time controlled nearly all of the SAEI scam ring tickers before being chased out of Vancouver when his house got shot up. According to Mr. Marshall, Alex Smid and Jamie Holland took control of the SAEI scam ring shells after he fled. Those tickers include:

Supatcha Resources Inc (SAEI)
Southridge Enterprises, Inc (SRGE)
Fidelis Energy nc, (FDEI)
Navajo Wind Energy (CLBN)
PrimeGen Energy Corp (PGNE)
Cascade Energy Inc (CSCE)

All of these tickers had a few things in common starting in 2009. One of those things was an individual named Dale Bernhart.

Dale Bernhart registered new domain names for each of those tickers in 2009 and 2010

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57654772

On November 22, 2010, Dale Bernhart registered the current SRGE website:




The SRGE website was the last of the SAEI scam ring shells to get a new website. I think the reason that SRGE was chosen later was probably because:

1) The wild success that SAEI had as a mining scam motivated these same insiders to do it again
2) The obvious links between SRGE and Alex Smid

One of the ways that Alex Smid messed up making it easier to identify him as one of the masterminds behind the SAEI scam ring is that he also had Dale Bernhardt register the domain sledgehammervodka.com

Sledge Hammer Vodka is a company that was created by and is controlled by Alex Smid







You will notice that the other officer for Sledge Hammer Vodka is SHV Industries Inc

SNV Industries Inc was the paying party listed for the SAEI promotions.

SNV Industries Inc - $50,000 to WSCF (Wall Street Capital Funding) on March 3, 2010
SNV Industries Inc - $500,000 to WSCF (Wall Street Capital Funding) on April 6, 2010
SNV Industries Inc - $50,000 to WSCF (Wall Street Capital Funding) on April 28, 2010
SNV Industries Inc - $20,000 to SMA (Stock Market Alerts LLC) on September 30, 2010

That's awfully close to be a coincidence - one letter difference

SHV Industries Inc is a NV business entity - sole officer is Alex Smid

http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=tNjOP7Ldmqh1M%252bXnaSU8rQ%253d%253d&nt7=0



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December 2010


In December of 2010, SRGE came back to life again after 2 years of inactivity. When it came back it was still using the same address it was using during the Alex Smid, Gordon Samson, Kenneth Eade era at. A virtual office in Dallas:

3625 N. HALL STREET
SUITE 900
DALLAS, Texas 75219-5106
Tel: [phone]

On December 9, 2010, SRGE announced they were now going to be a mineral exploration company

http://ih.advfn.com/p.php?pid=nmona&article=45593463

On December 10, 2010, SRGE announces a definitive agreement to purchase the Cinco Minas and and Gran Cabrera Gold properties in Mexico.

http://ih.advfn.com/p.php?pid=nmona&article=45610151

True ownership of the mining properties is debatable. There have been hundreds of posts and documents provided arguing that SRGE owns the mines and that SRGE does not own the mines.

One thing cannot be argued (or at least should not be argued). The mining properties are not actively producing gold.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=81738038

The Scam was now underway, but to get the scam to work first Alex Smid had to get the SRGE business entity reinstated in Nevada which he finally did on April 1, 2011

http://nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=aAcyYO1iIpfDt%252bkO7ehU8Q%253d%253d&CorpName=SOUTHRIDGE+ENTERPRISES+INC.

On April 6, 2011, Alex Smid filed a Form 15 to hide the SRGE shell on the unregulated OTC market as a way to try to avoid SEC scrutiny. Smid used the imaginary CEO he invented, Michael Davies, to sign the Form 15 only he spelled Davies name wrong using the name Michael Davis instead

http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=7847176



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Plagiarized Press Releases / Plagiarized Management Bios

Another of the common features between all of the SAEI/SRGE scam ring tickers was that they all used plagiarized press releases and plagiarized management bios.


Southridge Enterprises Inc (SRGE)

Plagiarized Management Team:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=64561831

Southridge Enterprises also plagiarized their press releases even reusing some of the stuff SAEI stole from other companies

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58122553

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80601144

More on the connections between Southridge Minerals and Kenneth Eade:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58111645



Supatcha Resources (SAEI)

Plagiarized Management Team

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58112121


Plagiarized Press Releases

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58122504




Fidelis Energy Inc (FDEI)

Plagiarized Management Team:

http://www.atomicbobs.com/index.php?mode=read&id=581522

Fidelis Energy Inc also plagiarized basically all of it's press releases and company information:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58122007

Details about the Fidelis Energy Inc company and it's connections to Kenneth Eade and Dale Bernhart and it's similarities to SAEI (my research):

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58047890



Navajo Wind Energy (CLBN)

Plagiarized Management Team:

http://www.atomicbobs.com/index.php?mode=read&id=581530

Navajo Wind plagiarized it's press releases:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58126644



PrimeGen Energy Group (PGNE)

Plagiarized Management Team:

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58117977

PrimeGen Energy also plagiarized it's press releases including reusing one that Southridge Enterprises already used

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58126184



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The Promoters and Paying Parties


SRGE had common links to all the other SAEI scam ring tickers through the promoters and paying parties involved (see the following link)

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=58124894

According to the SEC Complaint against the company that helped promote SAEI, Wall Street Capital Funding LLC (WSCF), WSCF (Philip Cardwell, Roy Campbell, and Aaron Hume) was involved in promoting 4 of the tickers in the SAEI scam ring - SAEI, FDEI, CLBN, and PGNE

Longview Communications Corp was involved in the promotions for SRGE back in December of 2010. Longview Communications Corp was also involved in promotions for SAEI and FDEI.

***Wall Street Capital Funding LLC (WSCF), also doing business as Wall Street News Alert maintains a contractual, working relationship with Stock Market Alerts LLC (SMA) and its Wall Street Enews brand


I find it interesting that over the past several months a company with a very similar name was created to promote SRGE - Wall Street Investor News

SRGE would also create a company called Mathers Research just for the purpose of making a research report to help pump SRGE stock using a price target (which is illegal) of $.20/share.

http://ih.advfn.com/p.php?pid=nmona&article=52751738

Research on Wall Street Investor News and Mathers Research shows signs that they could be connected to Chicago and the Netherlands.

Other promotion tactics used includes a blog that intentionally makes up fake buyout news to pump stocks called Sierra's World Equity run by Guy Leitch

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80908909

Other promotions tactics included a fake AwesomePennyStock newsletter which has possible connections to Chicago

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80512764

Then of course we have message board touts that have been planted by SRGE insiders to help spread the lies of up listings and buyouts, etc

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80518676



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Fake Financing Companies

Just like SAEI, SRGE created fake companies in their filings to use for fake financing

I believe that Rockridge Capital Holdings is actually an entity owned by SRGE insiders that was just being used as a way for insiders to get discounted free trading shares at $.001/share to dump while the stock was as much as $.01/share - $.018/share.

Quixstone Investments Inc is just a fake company with a fake control person

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=79527643

Duvernoi Capital Investments Inc is yet another SRGE financing company that does not appear to really exist.



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Lies about uplisting


The SRGE IRP's have been misleading investors with lies about up listing for over 18 months now

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80518676

Even SRGE has mentioned uplisting in press releases just to mislead investors and said they had hired Magna Group for the task

http://ih.advfn.com/p.php?pid=nmona&article=55222416

When Magna was contacted to find out if they were really hired by SRGE they denied the information.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82361009

SRGE would later try to backtrack and clarify their original PR lie

http://www.prnewswire.com/news-releases/southridge-minerals-corporate-update-182807971.html



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Lies about Buyouts/Joint Ventures

The SRGE message board plants have been pumping SRGE with promises about a buyout around the corner for months now. Each time the buyout never happens when they promised that it would yet people still believe them when they continue to promise new buyout after new buyout that never happens.

One of the buyouts that people claimed was confirmed by SRGE that turned out to be a lie was the Goldcorp Buyout

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=80778541


On December 26, 2012 after several intentionally vague press releases by SRGE falsely announcing that buyout/joint venture talks were underway

http://ih.advfn.com/p.php?pid=nmona&article=55016708

http://ih.advfn.com/p.php?pid=nmona&article=55129091

http://ih.advfn.com/p.php?pid=nmona&article=55222416

http://ih.advfn.com/p.php?pid=nmona&article=55449916


SRGE finally came out with their new joint venture partner telling investors that an agreement with Kinross Resources Corp was a done deal

http://ih.advfn.com/p.php?pid=nmona&article=55596767


This turned out to be the biggest SRGE lie to date. Kinross Resources Corp quickly shot down the information as being a complete fabrication.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82789047

http://www.bloomberg.com/news/2012-12-26/kinross-gold-denies-joint-venture-with-southridge.html



---------------------



SRGE used notorious Pump&Dump attorney Luis Carrillo

Luis Carrillo has been a favorite of pump&dump scamsters like Skymark (the Kirks) and AwesomePennyStocks

Recently according to reports, Luis Carrillo has fled the country because of pressure from regulators

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

To replace Luis Carrillo on paper, SRGE went with a Luis Carrillo protege named Gabriel Moore

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82523236




----------------------



The Dividend ploy

One genius move that SRGE did which will probably get copied by other dirty pink sheet companies in the future was to do a very small cash dividend of $.00003/share. The Dividend totaled just over $16,300, but brought way more interest to the stock than what paying for a $16,300 promotion would have brought.



----------------------



Shady Debt Note and other mistakes and contradictions and concerns from the financial statements

See the following link for more details

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82515831




-----------------------



Authorized Share Increase


On December 6, 2012, SRGE raised the authorized share count from 1,000,000,000 to 1,500,000,000 basically telling the people with open minds that want to listen that they have plans to issued between 450,000,000 and 950,000,000 more shares than what they had outstanding on November 2, 2012 (545,874,868).

Of course most investors that only like to listen to pumpers chose to ignore this major red flag and the fact that SRGE has a gagged TA.

Today alone thanks to the lie about the joint venture with Kinross, SRGE saw over 419,000,000 shares trade.



------------------------



Possible theories on why SRGE shot themselves in the foot today

1) They might have already started getting contacted by regulators asking questions and want to make as much money as possible before the gig is up

2) They knew that today was a holiday in Canada and they thought they would have at least 1 full day of trading before anybody could confirm that the Kinross joint venture was a lie

3) They knew that the SRGE share price couldn't survive all the new shares they authorized to get dumped into the market and so they went big with today's PR

4) They are cocky and feel they are untouchable. The SEC couldn't track them down from the SAEI scam and so they don't believe the SEC can touch them now.



-----------------



Let's review

SRGE has Alex Smid, Gordon Samson, and Kenneth Eade in its background

SRGE has several links to SAEI, FDEI, PGNE, CLBN, and CSCE

SRGE website was originally registered by Dale Bernhart registrant for all the SAEI scam ring domains

SRGE used plagiarized press releases

SRGE used plagiarized management bios

SRGE uses fake financing companies as a way to issue stock to insiders

SRGE uses a fake research company to make illegal price targets

SRGE uses all sorts of dirty promotion tactics including fake newsletters and planted touts

In the past death threats have been made against posters speaking out against SRGE and taking time to express their opinions and concerns

SRGE has lied about up listing

SRGE is/was involved with p&d attorney, Luis Carrillo

SRGE has lied about the production of the mines

It is debatable about whether SRGE has any ownership at all in the mines

SRGE has lied about their involvement with Magna

SRGE has lied about buyouts and joint venture agreements



--------------------



Some how despite all of the connections to SAEI, the plagiarisms, the inconsistencies, the contradictions, and the lies, some people still chose to support SRGE.


Yesterday's fake joint venture PR may be SRGE's final lie.


A much overdue SEC suspension may finally be near for scam ticker SRGE

[da diz]

Sterling, how is the risk higher on the grey market for those holding shares?

[EarnestDD]

Those valuations of the SRGE Scam are really far fetched!!
jmo

[rangerxlt]

The real DD to read!!

SRGE Due Diligence as of 24 Jan 2013…

Southridge Enterprises Addresses Shareholders With Corporate Update:
http://ih.advfn.com/p.php?pid=nmona&article=55970649

Below is the previous SRGE Due Diligence (DD) below. Please note that SRGE was suspended by the SEC as indicated, but has since resumed trading. The SEC Suspension has placed SRGE to be trading on the Grey Market. Please understand this before reading further concerning the assets that are believed to be owned by SRGE. The risks in SRGE are much higher on the Grey Market than they were previously when SRGE traded within the Pink Sheets on the OTC Markets.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82861770

v/r
Sterling

[pitboss22]

How come in your "Due Diligence" you highlight the dividend declaration but fail to mention that they failed to PAY it?

[B402]

Stervc,,Due Diligence on the Board,,,SRGE a Ghost Company

Nothing Real about It, Nothing

All your Research...Was Wrong

[samsamsamiam]

Sterling - care to do an update on your SIGNIFICANT DD post? I think MOMO reported something very SIGNIFICANT - the deaths of not only the CEO but the CFO as well.

Not sure why the company has not put out a press release yet (well actually I do) but I am sure the shareholders consider this a material event. Waiting a week - as mentioned by MOMO - seems a tad irresponsible - gives people that know from MOMO an edge to sell shares.

[Crazy Money]

Can we have an update? :-)

stervc Member Profile stervc Member Level

Thursday, January 24, 2013 5:09:49 AM
Re: stervc post# 103442
Post # of 143355
SRGE Due Diligence as of 24 Jan 2013…

Southridge Enterprises Addresses Shareholders With Corporate Update:
http://ih.advfn.com/p.php?pid=nmona&article=55970649

Below is the previous SRGE Due Diligence (DD) below. Please note that SRGE was suspended by the SEC as indicated, but has since resumed trading. The SEC Suspension has placed SRGE to be trading on the Grey Market. Please understand this before reading further concerning the assets that are believed to be owned by SRGE. The risks in SRGE are much higher on the Grey Market than they were previously when SRGE traded within the Pink Sheets on the OTC Markets.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=82861770

v/r
Sterling

[EarnestDD]

When are those Hugely Overstated Valuations for the SRGE Scam going to kick in???
jmo

[EarnestDD]

Just in case anyone missed this.
For months the SRGE fraud used the Mexican Mining Center as proof they were real. Sorry Sterv the truth is on MMC now too.
Here is a link.
http://mexicominingcenter.com/explorationcompanydetalle.php?company=Southridge%20Minerals%20Inc.
Note the archived news
http://mexicominingcenter.com/ver.php?artids=3203&categoria=5
Bandera Gold Provides Update on Cinco Minas and Gran Cabrera Properties Following Release of Independent Report
Mexico Mining Center is a paid site that has nothing to do with the Mexican Gov't. Maybe SRGE did not pay up.... just like their website. lol
Got a new valuation model now for the SRGE FRAUD??
jmo

[Crazy Money]

SRGE Due Diligence as of 5 June 2013…

[poster44ny]

http://ih.advfn.com/p.php?pid=nmona&article=55970649

"Lastly, due to recent circumstances and the holiday season, the Company would like to clarify that the December cash dividend has not been completed and has been postponed. Those shareholders that did not receive the dividend yet will be added to the distribution in the Company's upcoming quarterly cash dividend."

What a joke.