MIAMI, FL -- (MARKET WIRE) -- 11/01/06 -- Stock Market Alerts' performance stock list includes: Southridge Enterprises Inc. (OTCBB: SORD), AMR Corporation (NYSE: AMR), Transocean Inc. (NYSE: RIG), Nortel (NYSE: NT).

Stock Market Alerts is initiating coverage on Southridge Enterprises Inc. (OTCBB: SORD) this morning, as the company has released breaking news! Yesterday after the stock markets closed, the company, a renewable energy company with a mission to become the ethanol producer of choice in the South-eastern region of the United States, issued a press release announcing that Southridge Ethanol, Inc., its wholly owned subsidiary, has signed a letter of intent ("LOI") to acquire ethanol plant equipment from South Louisiana Ethanol, LLC.

The plant was built to refinery specifications utilizing the latest technology for a total cost of $110 million and is capable of producing up to 60 million gallons per year.

Under the direction of engineering specialists, the plant will be dismantled, transported and re-assembled at the Company's facility in Quitman County, Mississippi. The Company has been advised that the equipment should be operational by June 15, 2007, at the Mississippi plant site. The relocation of the Louisiana plant is a unique opportunity to significantly shorten the Company's timeline to become an ethanol producer.

This is a stock for speculative investors to watch! Recently, Bill Gates, Sir Richard Branson and Wal-Mart have all come to see Ethanol as a future fuel of choice, with Gates and Branson investing, or planning to invest, hundreds of millions of dollars into companies that produce or market Ethanol. Wal-Mart has said that it is considering offering corn-based ethanol at its 383 gas stations throughout the U.S. Companies, such as Southridge Enterprises, that are on a mission to produce the fuel, may become the future "darlings" of investors.

"The opportunity to acquire this plant has given Southridge a tremendous advantage to be a large producer of ethanol at a quarter of the cost and a third of the time. By purchasing an existing plant and re-locating it, we will be able to produce 60 million gallons per year by June 15, 2007. With this asset on our balance sheet, we have once again shown our ability to build shareholder value," stated Alex Smid, President of Southridge Ethanol, Inc.

The purchase is expected to close in 15 days, subject to certain conditions, including but not limited to completion of satisfactory due diligence by the Company, the negotiation and completion of a definitive acquisition agreement, approval of the Company and South Louisiana Ethanol LLC boards of directors and other customary conditions.

Prior to the press release, Southridge Enterprises stock had closed Tuesday at $1.51 a share.

A profile of Southridge Enterprises can be found at: http://www.wallstreettradingalerts.com/SORD103106.html

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.

Other Stocks of interest yesterday were:

AMR Corp. (NYSE: AMR) down 1.3% on 8.6 million shares traded. American Airlines is one of the world's largest airline companies.

Transocean Inc. (NYSE: RIG) up 2.1% on 7.1 million shares traded. Transocean Inc. is one of the largest offshore drilling contractors.

Nortel (NYSE: NT) up 3.2% on 25.8 million shares traded. Nortel is recognized as one of the leaders in delivering communications capabilities that enhance the human experience, ignite and power global commerce, and secure and protect the world's most critical information.

Wall Street Enews is a Sponsor of Quality Stocks. Quality Stocks tracks the stock picks of 150 Investment Newsletters every day and reports on their performance. For Their Free Service, Visit www.qualitystocks.net.

The advertisement is provided by Wall Street Enews, a division of Stock Market Alerts LLC, an electronic broadcaster and publisher of this release, and hereafter referred to as "the company." The company received compensation for services performed for Southridge Enterprises Inc. (OTCBB: SORD). The compensation is fourteen thousand dollars from third party, Equity Alliance International LLC, who may hold a significant position in the stock. Because the company received compensation for its services, there is an inherent conflict of interest in the company statements and opinions and such statements and opinions cannot be considered independent.

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