SOURCE: Wall Street News Alert

Wall Street News Alert

October 26, 2006 09:48 ET

Wall Street News Alert Issues Special Alert on Southridge Enterprises Inc.! October 26, 2006

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall Street Capital Funding.

WESTON, FL--(Marketwire - October 26, 2006) - Wall Street News Alert's "stocks to watch" this morning are: Southridge Enterprises Inc. (OTCBB: SORD), Archer Daniels Midland Company (NYSE: ADM), Pacific Ethanol, Inc. (NASDAQ: PEIX) and Ford Motor Company (NYSE: F).

What do Southridge Enterprises Inc. (OTCBB: SORD), Bill Gates, Sir Richard Branson and Wal-Mart have in common? They all see Ethanol as a promising "fuel of the future!" Gates allocated $84 million into a publicly listed ethanol company. Branson has stated that he plans to invest $300 to $400 million to produce and market Ethanol and Wal-Mart announced that it is considering offering corn-based ethanol at its 383 gas stations throughout the U.S.

Where does Southridge Enterprises fit in? The company may begin to appear on the screens of aggressive investors and day traders! Yesterday after the stock markets closed, the company, a renewable energy company with a mission to become the ethanol producer of choice in the southeastern region of the United States, issued a press release announcing the appointment of Robert Hamlin to the Company's Board of Directors.

This should be a good move on the part of the company and could get the attention of investors! Robert Hamlin is the Chief Executive Officer and majority owner of Agri Systems, a leading U.S. ethanol consulting and engineering firm. Mr. Hamlin has been using his specialized expertise in process design, engineering and industrial construction to build and start-up the operations of ethanol plants since 1993. The scope of Mr. Hamlin's project management experience spans over 30 years and extends to financial operations, sales and the direction of legal and contractual efforts. Under his management, Mr. Hamlin has led the design, engineering, and construction for many industrial projects in addition to ethanol plants such as feed processing facilities, large commercial grain handling, food grade and wood processing plants, power plants and cement terminals.

Wall Street News Alert is placing Aggressive Investors on alert to monitor the progress of Southridge Enterprises! According to Southridge President Alex Smid, "We are very pleased to attract such a high caliber individual to our Board. Mr. Hamlin has been a pioneer in support of ethanol as a renewable fuel source for many years and continues to be a leader in the construction of ethanol plants today. He is an expert at designing, coordinating and monitoring all of the operating elements of a plant to ensure the efficient production of ethanol. We expect to receive valuable counsel from Mr. Hamlin's extensive experience as we continue to promote the growth of the ethanol industry and build shareholder value with the expansion of Southridge."

Prior to the latest press release, the stock closed yesterday at $1.57 a share.

For an in-depth profile of Southridge Enterprises, visit

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In case you are not familiar with the company: 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 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.

Archer Daniels Midland Company (NYSE: ADM) up 2.1% on 5.5 million shares traded. ADM is also a leader in the production of soybean oil and meal, ethanol, corn sweeteners and flour. In addition, ADM produces value-added food and feed ingredients.

Pacific Ethanol, Inc. (NASDAQ: PEIX) down 1.8% on 2 million shares traded. Pacific Ethanol's goal is to become the leading producer and marketer of renewable fuels.

Ford Motor Company (NYSE: F) up 2.2% on 42.4 million shares traded. Ford Motor Company is one of the world's largest automakers in the United States.

Market Commentary:

"Oil jumped by $1.35 a barrel or $60.70 a barrel as data showed a decline in supplies of oil and gasoline the last week. Gold was up as well, $3.20, to trade at $590.80 an ounce for December delivery," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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