(The following press release from The Securities and Exchange Commission was received by e-mail. The sender verified the statement.) December 28, 2012 The Securities and Exchange Commission ("Commission") announced the temporary suspension, pursuant to Section 12(k) of the Securities Exchange Act of 1934 (the "Exchange Act"), of trading in the securities of Southridge Enterprises, Inc. ("Southridge"), of Dallas, Texas, commencing at 9:30 a.m. EST on December 28, 2012, and terminating at 11:59 p.m. EST on January 11, 2013. The Commission temporarily suspended trading in the securities of 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. The Commission cautions broker-dealers, shareholders, and prospective purchasers that they should carefully consider the foregoing information along with all other currently available information and any information subsequently issued by the company. Further, brokers and dealers should be alert to the fact that, pursuant to Rule 15c2-11 under the Exchange Act, at the termination of the trading suspension, no quotation may be entered unless and until they have strictly complied with all of the provisions of the rule. If any broker or dealer has any questions as to whether or not he has complied with the rule, he should not enter any quotation but immediately contact the staff in the Division of Trading and Markets, Office of Interpretation and Guidance, at (202) 551-5777. If any broker or dealer is uncertain as to what is required by Rule 15c2-11, he should refrain from entering quotations relating to Southridge's securities until such time as he has familiarized himself with the rule and is certain that all of its provisions have been met. If any broker or dealer enters any quotation which is in violation of the rule, the Commission will consider the need for prompt enforcement action. Any broker-dealer or other person with information relating to this matter is invited to contact Osman Handoo, Senior Counsel, in the Washington, D.C. office of the Securities and Exchange Commission, at (202) 551-4536. (bjh) NY
SEC SUSPENDS TRADING IN SECURITIES OF SOUTHRIDGE ENTERPRISES
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