Replies to post #141894 on Southridge Enterprises Inc (SRGE)

[lucky, mydog]

but don't any of you think that SRGE would have been haulted by now if their legal team was not working with the SEC

no. they were already suspended once. the sec can not suspend again. but watch for further enforcement actions. they can take years, but with this obvious scam, they will come.

[sunspotter]

As has already been explained countless times on this MB, as SRGE is a non-SEC filing company (it also doesn't even bother with the minimal requirements of the Pink Sheets) SEC has no power to revoke or otherwise halt the trade on the Grey markets of SRGE shares.

The SEC has already given the clearest possible indication that it thinks SRGE is an out-and-out scam by suspending the stock late last year.

Additionally it is fair to say that even the meanest of intelligences that examines the evidence that has entered into the public domain of late could not fail to conclude SRGE is a screaming scam.

There comes a stage when it is clear that to further the aims of the racketeers behind the SRGE scam by holding out the ludicrous proposition that SRGE could still be legitimate, one must be part of the criminal conspiracy oneself. That stage was reached about a week ago.

And as we can be sure the Feds are now taking names this may not be a particularly smart strategy.

[BillEvans80]

The SEC cannot shut them down without Due Process.

From the Fifth Amendment to the Constitution:

Nor shall any person be deprived of life, liberty, or property, without due process of law.

Maybe they figure it will just go away like all of the other stocks they suspend.

[janice shell]

The report is pure ONE sided speculation at this point.

Well, who were all those journalists supposed to talk to? The company?? Efforts to do just that have failed miserably. No management, no offices.