Southridge Capital has invested $1.8 billion into growth companies and has financed 250 public companies. They offer financial analysis, financing techniques, and optimized balance sheet management. They help with mergers, acquisitions, restructuring, bankruptcy, and legal settlements. Their services in the financial aspect include credit enhancing, financing solutions, and securitization. They work with companies’ creditors to get rid of debt and improve their credit. Southridge Capital provides their Equity Purchase Agreement to raise capital, despite market conditions. They also provide loans against convertible debentures, convertible preferred stock, and common stock. Their team includes Stephen M. Hicks, Narine Persaud, Laurence J. Ditkoff, Henry B. Sargent, and Linda Carlsen.
They promote community leadership and volunteer work. They strengthen the efforts of faith-based charities and non-profit organizations around the country. Stephen Hicks and his wife created the Daystar Foundation to help different charities. Southridge Capital has supported the Bradford Peterson Memorial Scholarship Fund, Eric B. Huss Memorial Scholarship Fund, the Lounsbury House, the Ridgefield Community Center, the Ridgefield Fountain Landmark, and many more organizations.
Stephen Hicks is the CEO and he has been in the investment industry for 30 years, founding Southridge in 1996. He graduated from King’s College in Briarcliff Manor with a BS in Business Administration. After the principal of his former NY hedge fund left, he decided to start his own. He begins each day by checking his portfolio and making a list of goals for the company. Stephen is excited about cryptocurrency and pot. He would tell his younger self to do less deals and not focus on return, but rather on cash. He says the government is not above cheating and lying. Southridge put too much money into the company Petals that they would end up losing. Check out releasefact.com
He recommends creating a cryptocurrency channel or podcast that would entice the world to watch, and he recently ate lunch with a political guru to discuss cryptocurrency. He uses Wall Street Journal Online, Quotastream and OTC markets to find information about the market and trends. He recommends reading “Titan”, Rockefeller’s biographical history for inspiration.