{"id":956,"date":"2012-12-14T08:39:00","date_gmt":"2012-12-14T08:39:00","guid":{"rendered":"\/?p=956"},"modified":"2013-03-25T21:03:29","modified_gmt":"2013-03-25T21:03:29","slug":"southridge-enterprises-inc-pinksrge-closing-the-deadline","status":"publish","type":"post","link":"\/articles\/southridge-enterprises-inc-pinksrge-closing-the-deadline\/","title":{"rendered":"Southridge Enterprises Inc (PINK:SRGE) Closing the Deadline"},"content":{"rendered":"

\"SRGE.png\"Southridge Enterprises Inc (PINK:SRGE<\/a>) has postponed the filing of its annual report twice already. The anticipated report should be filed today. <\/p>\n

Yesterday SRGE<\/a> closed up 33.93% at $0.0075, after it issued a press release claiming they had signed an “agreement with major NYSE listed mining company.” The title is a bit more exciting than what the release actually says.<\/p>\n

Supposedly, SRGE<\/a> has signed a Confidentiality Agreement with an unnamed company. The announcement doesn’t reveal any details, so the public is left with nothing more than a vague hype message.<\/p>\n

While the annual report won’t shed any light on that matter, shareholders are eager to see it, because SRGE<\/a> has been bragging about record production and revenues since early September. The fiscal year end of SRGE<\/a> is Aug. 31.<\/p>\n

First the company said it would be filing the report on Nov. 23. On that date instead of a financial report, shareholders got a press release saying SRGE<\/a> had changed its legal representation, and the report would be filed the following week. A week later, there was a filing, except it was a notification of late filing which gave SRGE<\/a> another 15 calendar days to file its annual report.<\/p>\n

Today is the last day SRGE<\/a> can file the report before the deadline expires. Changing the legal counsel may have been a good idea, but the timing wasn’t. The fact that SRGE<\/a> hasn’t named their new legal counsel and there is no filing about it doesn’t help. OTC Markets still lists Carrillo Huettel.<\/p>\n

\"6SRGE_logo.jpg\"If SRGE<\/a> files the report today, it would be a step in the right direction, but the company has a long way to go if it wants shareholders to believe their claims.<\/p>\n

\"\" <\/p>\n","protected":false},"excerpt":{"rendered":"

Southridge Enterprises Inc (PINK:SRGE) has postponed the filing of its annual report twice already. The anticipated report should be filed today. Yesterday SRGE closed up 33.93% at $0.0075, after it issued a press release...<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[176],"class_list":["post-956","post","type-post","status-publish","format-standard","hentry","category-news","tag-srge"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/956","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=956"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/956\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=956"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=956"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=956"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}