SOURCE: Wall Street News Alert

Wall Street News Alert

October 02, 2008 08:33 ET

Wall Street News Alert: Market Alert for Thursday: SRDG! October 2, 2008

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

WESTON, FL--(Marketwire - October 2, 2008) - Wall Street News Alert's "stocks to watch" this morning are: Southridge Enterprises, Inc. (OTCBB: SRDG), Archer Daniels Midland Company (NYSE: ADM), VeraSun Energy Corp. (NYSE: VSE) and Cosan Limited (NYSE: CZZ).

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There is additional breaking news coming from Southridge Enterprises, Inc. (OTCBB: SRDG), and investors are urged to continue monitor the stock closely this morning! Early this morning, the company issued a press release announcing that it has established a Special Committee of Directors and initiated a strategic review process to enhance shareholder value.

More great news for SRDG! The Special Committee is comprised of Ken Milken, President and Chief Executive Officer, Stephen Smith, Chief Financial Officer and Marcio Santos, Director. The process is being undertaken in response to recent events including the current valuation of the Company.

"Despite record revenue and strong internal growth, the Company's shares trade at a discount to its historical valuation benchmarks," said Mr. Milken, President and Chief Executive Officer.

"Over the past three years, Southridge has successfully executed an aggressive growth strategy marked by key acquisitions and new strategic ethanol sales contracts," said Mr. Milken. "At the same time, we have improved our financial performance. It now makes sense to explore strategic alternatives that may enhance shareholder value," he added.

The company also reported this week it has entered into an ethanol sales agreement with Hong Kong based Jinsung Ho Trading Group (JHTG) for the supply of 15 million gallons of ethanol per year. Deliveries are expected to begin in October 2008. The ethanol is being sourced from Petrozilian Energia SA (PES) from Brazil.

Over the last several quarters the company completed several similar ethanol sale transactions with European based buyers. However, this new transaction with JHTG is a direct result of our increased exposure from the Company's market awareness program in the Asian Pacific Rim. The Company expects this to be the second of many purchases to come from that region.

Investors are urged to continue to monitor the progress of the company!

The stock closed Wednesday at Four cents a share.

For a recent Wall Street News Alert's in-depth profile of Southridge Enterprises, visit

Archer Daniels Midland Company (NYSE: ADM) down 2.2% on 7.2 million shares traded. Every day, the 27,000 people of Archer Daniels Midland Company (NYSE: ADM) turn crops into renewable products that meet the demands of a growing world. At more than 240 processing plants, we convert corn, oilseeds, wheat and cocoa into products for food, animal feed, chemical and energy uses. We operate the world's premier crop origination and transportation network, connecting crops and markets in more than 60 countries.

VeraSun Energy Corp. (NYSE: VSE) down 8.6% on 1.6 million shares traded. VeraSun Energy Corporation, headquartered in Brookings, S.D., is a leading producer and marketer of ethanol and distillers grains. Founded in 2001, the company has a fleet of 16 production facilities in eight states, of which two are still under construction. VeraSun Energy is scheduled to have an annual production capacity of approximately 1.64 billion gallons of ethanol and more than five million tons of distillers grains by the end of 2008.

Cosan Limited (NYSE: CZZ) up 4.2% on 340,000 shares traded. Cosan Limited through its subsidiaries, engages in the manufacture and sale of sugar and ethanol primarily in Brazil. It grows and processes sugarcane to produce standard sugars, including raw sugar, crystal sugar, and organic sugar; and refined sugars, including granulated refined white sugar, amorphous refined sugar, refined sucrose liquid sugar, and refined inverted liquid sugar. The company also produces and sells hydrous, anhydrous, and industrial ethanol.

Market Commentary:

"The Energy Department's Energy Information Administration said in its weekly report that crude stocks rose by 4.3 million barrels, or 1.5 percent, to 294.5 million barrels for the week ending Sept. 26. Analysts had expected stocks to rise or fall of 1.5 million barrels, according to a survey by energy research firm Platts," stated Sonja Rudd in Wall Street News Alert's daily commentary continued at:

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This profile is not without bias, and is a paid release. WSCF has been compensated for dissemination of company information on behalf of one or more of the companies mentioned in this release. For services performed for Southridge Enterprises, Inc. (OTCBB: SRDG), WSCF has been compensated Three Million and Five Hundred Thousand shares (Two Million shares for current services and One Million and Five Hundred Thousand shares for previous services), by a third party (NorthStar Investment Capital Corporation), who is non-affiliated and may hold a significant position in the stock. WSCF holds One Million and Eight Hundred Thousand of those shares, and intends to immediately continue selling its shares as this release is being circulated. WSCF may receive additional compensation for extension of its services. Any additional compensation will be disclosed at such time that WSCF is aware of a clients desire to extend the original services. WSCF may have received shares of a company profiled in this release prior to the dissemination of the information in this release. WSCF may immediately sell some or any shares in a profiled company held by WSCF and may have previously sold shares in a profiled company held by WSCF. WSCF's services for a company may cause the company's stock price to increase, in which event WSCF would make a profit when it sells its stock in a company. In addition, WSCF's selling of a company's stock may have a negative effect on the market price of the stock.

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