SOURCE: FN Media Group, LLC

May 17, 2012 10:15 ET

4 Stocks Traders Are Watching Today: SRGE, VELT, VIBE, LXES

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by FN Media Group, LLC

NEW YORK, NY--(Marketwire - May 17, 2012) - "Active Stocks to Watch for 05/17/12": Southridge Enterprises, Inc. (PINKSHEETS: SRGE), Velti plc (NASDAQ: VELT), Vidable, Inc. (PINKSHEETS: VIBE), Lexington Energy Services Inc. (PINKSHEETS: LXES)

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Thursday morning, before the market opened for trading, Southridge Enterprises Inc. (PINKSHEETS: SRGE) announced assay results from Trench #7 at Los Compadres (LC). The Company has been actively conducting a trenching and sampling program at their Los Compadres property at Santa Maria del Oro, in Nayarit, Mexico.

Samples assayed from Trench #7 at Los Compadres measured an average grade of 4.42 g/t Au at surface and were highlighted by grades measuring 16.23 g/t Au and 224.4 g/t Ag.

Santa Maria del Oro, located in the state of Nayarit, on the western coast of Mexico, is a well-known historical producing region for gold and silver. LC is situated inside the Sierra Madre Occidental belt, the world's largest epithermal gold belt.

"Trench #7 has produced some exceptional sample grades for Los Compadres, and has defined several geological structures on the property. With the assays we have from our current trenching and sampling program, and the detailed information we collected at the property over the past several months, Southridge has confirmed that Los Compadres is an exciting gold and silver property that warrants further exploration and development," says Michael Davies, President & CEO of Southridge. "The assay results from Los Compadres, and the recent acquisition of El Horconcito, are significant recent developments as Southridge moves forward implementing their strategy to increase the companies footprint along the Sierra Madre Occidental gold belt."

Read the entire SRGE press release along with our full disclosure:

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Velti plc (NASDAQ: VELT), a leading global provider of mobile marketing and advertising technology and solutions, announced this week financial reports with first quarter revenue of $51.8 million, growth of 75%, compared to Q1 2011.

Vidable, Inc. (PINKSHEETS: VIBE) today announced the continued roll-out of its platform and business plan to position itself as an all-in-one solution for small and medium businesses (SMBs) in hopes of capturing market share in the growing digital advertising industry.

Lexington Energy Services Inc. (PINKSHEETS: LXES) reports that it has entered into discussions regarding the option on a second coal concession located in Bahia Lota, Chile. This second mineral concession, known as 'Nuevas Cordenadas' lies further to the east of the original property currently under option, which is known as the 'Headland Concession.'

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