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Southridge Enterprises, Inc.: Southridge Signs LOI to Purchase Cellulosic Ethanol Technology

Wed, 4 Apr 2007 14:40:00 PDT

DALLAS, TX (MARKET WIRE) Southridge Enterprises, Inc. (OTCBB: SORD) (the "Company") is pleased to announce that Southridge Ethanol Inc. ("Southridge"), the Company's wholly owned subsidiary, has signed a letter of intent ("LOI") whereby Southridge Ethanol would acquire 100% of Celuhol Biotech Inc. ("Celuhol") technology for a combination of cash and shares of Southridge Enterprises, Inc. The closing of the acquisition will be

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