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Southridge Enterprises, Inc. (OTCBB:SORD) (the "Company") announced today that The Cohen Independent Research Group has issued an updated research report on the Company. Cohen Independent Research Group wrote in the report: “We reiterate our BUY rating for Southridge Enterprises, Inc. (OTCBB: SORD) with a target price range of $0.44 - $0.66, as per our Base Case forecast. We believe the demand for renewable fuels will grow rapidly in the coming years as a result of both government policies and high oil price trend. Southridge Enterprises is well positioned to capitalize on the growing demand for renewable fuels. Strong growth drivers including rising cost of fossil fuel, demand towards a cleaner renewable fuel and laws promoting increased ethanol production provide and optimistic background for the ethanol industry.” To receive a complimentary copy of the Cohen Independent Research SORD research update, please visit: http://www.southridgeethanol.com/reports/sord_update_082007.pdf About Southridge Enterprises, Inc. Southridge Enterprises 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 and anticipates start-up of the first phase of these operations in 2007. Southridge Enterprises is headquartered in Dallas, Texas.
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for more information please visit www.southridgeethanol.com
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