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CybeRelease: (OTC: SORD) Gets $10 Million Financing


WEBWIRE

(CybeRelease, October 19, 2006) - Lake Harmony - - Southridge Enterprises, Inc. (OTC BB: SORD) (the "Company") recently announced that it has secured a Line of Credit financing for up to $10 Million with a Private Energy Fund. The Company has already drawn $550,000 from the Line of Credit for acquisitions and operations.

Southridge Enterprises, Inc. is a renewable energy company with a mission to become the ethanol producer of choice in the southeastern region of the United States. The Company is focusing its efforts in an area, which offers abundant supplies of corn, superior transportation infrastructure and expedited permitting processes. The Company is actively acquiring and developing ethanol production facilities with a planned capacity of 60 million gallons per year and anticipates start-up of the first phase of these operations in 2007. Southridge Enterprises is headquartered in Dallas, Texas.

To read the complete release, go to http://biz.yahoo.com/iw/061006/0170192.html.

CybeRelease Gainers are Taylor Capital Group, Inc. (Nasdaq: TAYC), Tractor Supply Company (Nasdaq: TSCO), SIGA Technologies Inc. (Nasdaq: SIGA), Central European Media Enterprises Ltd. (Nasdaq: CETV), UAL Corporation (Nasdaq: UAUA), Express Scripts, Inc. (Nasdaq: ESRX), Sears Holdings Corporation (Nasdaq: SHLD) and Ctrip.com International, Ltd. (Nasdaq: CTRP).

CybeRelease Decliners are Apollo Group, Inc. (Nasdaq: APOL), Endo Pharmaceuticals Holdings Inc. (Nasdaq: ENDP), ASML Holding N.V. (Nasdaq: ASML), Akamai Technologies, Inc. (Nasdaq: AKAM), Research in Motion Limited (Nasdaq: RIMM), Lam Research Corporation (Nasdaq: LRCX), Sepracor Inc. (Nasdaq: SEPR) and Compass Bancshares, Inc. (Nasdaq: CBSS).

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor’s reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid CybeRelease $995.00 for the publication of this report. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation and do no trading of any kind.





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