SOURCE: IO Circuit

November 03, 2006 06:30 ET Features $3.00 Intermediate Price Target for SORD

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by the IO Circuit

LAKE HARMONY, PA--(Marketwire - November 3, 2006) - Southridge Enterprises, Inc. (OTCBB: SORD) announces a well-respected firm, TRI-STATE Capital (TSC), has upgraded their equity rating on (OTCBB: SORD). The strong upgrade comes when the company's subsidiary Southridge Environmental, Inc. completed the acquisition of an industrial facility plant.

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