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$SURG gaps at $2.12 & $1.88: $SURG on its way back down to fill.
The federal government should just force the telcom/ISPs to provide no-cost or very very low-cost internet. Back in the new internet day corporate America was looking to cover internet as free for everyone, to get America online. It certainly can do it for low-income Americans.
Internet was created by the govt. Now, $50/month base for internet is standard corporate rip-off provided by initial govt handout. Yes, networks were built yet efficiencies lead to lower costs, not higher costs that we experience. Further, govt is reliant upon the quasi-private ISP networks and network operators to deliver all internet traffic and much data to the govt.
The Affordable Connectivity Program (ACP) is yet another corporate giveaway, evidenced clearly by scam SurgePays, Inc. raking in millions in revenue on internet infrastructure it does not own or operate. That's waste and abuse as fueled by govt spending.
Rather, simply have govt force the hand of public/private ISPs and telcoms to provide free or very very low-cost internet to those eligible for the ACP program. Corporate can absorb the costs just fine.
SurgePays, Inc. an OTC scam company without ACP proves ACP is a waste of govt money.
.
Thurs last chance for ACP vote link... https://broadbandbreakfast.com/discharge-petition-on-fate-of-7-billion-acp-now-active/
Coxy gunna have to find another GOV program to scam...whoopsie!
Whoopsie! SURG heading higher.........load them up!
I suppose Nasdaq wasn't presented SurgePay's cooked books where the CFO resigned because he refused to sign off on the 10-K.
It does seem like Nasdaq lists scams with some frequency where previously it had appearance of integrity.
Maybe Nasdaq lamented when days later after the new listing all that fraudulent SurgePays naked short selling washed money through 18.5 X the entire SURG outstanding in a day.
Why ask to rehash it? That's weird.
IF it was a SCAM, then how was it upgraded up to the NASDAQ? lolzzzzzzzzzzzz
So just trade. You don't deny SurgePays is-a scam!
SURG moving up again! Nice loading under $4.00 again! lolzzzzz
Even Maxim, SurgePays's financier, changed $SURG from buy-to-hold rating.
Now notice how Ascendiant Capital scammers today rated SURG a buy even with the national Affordable Connectivity Program ending full ACP payments this month. Does scammy Ascendiant Capital have inside knowledge to know that the ACP will be refunded?
Funny, because Ascendiant 11 months ago did the exact same buy price target adjustment from $11.50 to $10.00. Looks like scammers just republished year old news as if it is new.
If ACP does get refunded, watch your short.
Without ACP, SurgePays is a short sell, where SurgePays, Inc. will continue to go right back to its lame misleading books cooking OTC type company.
https://www.sec.gov/news/press-release/2021-24
SURG looking Good! Another load well under $4.00, Easy double!!!!!
Weak hands buy the downtrend.
Booooooom!!!! Love weak hands!!!!!! Easy double! lolzzzzzzzz
Reloaded under $4.00!!! Weeeeeeeeeeeeeee
NASDAQ stocks are the best!!!!!!!!!
$SURG back below pre-Nasdaq price levels.
Coxy siphoning $4,758,088.74 in 33 monthly payments. That’s $144,184 per month for 33 months. That’s for a while back selling his regulatory in legal trouble True Wireless company for just $10.00 and Coxy got tons of $SURG shares.
$SURG gap below at $2.12. And at $1.88.
Now that $5s then $3s hit, trend-line broken, support broken, $SURGIE has no real support now until low $2s.
Never buy a stock that the Institutional holding are only 7%...they know the scams!
https://finviz.com/quote.ashx?t=SURG&ty=c&ta=1&p=d
$3.75... just another $3 down to go! whoopsies!
Headed back to OTCBB...cook the books!
I may start to cover shares around .75 cents... maybe
Here come the $3's... shareholders now very underbanked! whoopsies!
Last $4.16 Still short from $9.20 !!! I love Coxy Woxy!
SO glad I shorted this @ $9.20...easy money when you understand this scam!
Insiders and employees all dumping and shorting!
Thanks for the cheap entry read this wow https://clearline.me/service/marketing-automation-2/
Coxy and his cronies all shorting SURG is a sign the end is near!
Maxim Group Downgrades SurgePays Inc. (SURG) to Hold from Buy.
https://www.streetinsider.com/dr/news.php?id=22923617
SURG down 30% seems many shareholders have downgraded SurgePays, Inc. to a Sell.
ACP govt socialism for corporations, masked as assistance to low-income folks.
Congress should pass a bill forcing without compensation (at minimum without profit) the Internet Service Providers and the MNVO's to provide no-cost internet to U.S. households living near the poverty line.
Govt just wants as many as possible on internet to track and categorize them, as performed through shareholder owned corporations, who then also obtain and exploit the data. All internet traffic gets directed to govt entities (e.g. the NSA).
Proof of government's corporate socialism is all the profit SurgePays acquires from government handout money.
.
After hours $7 to $5.50 dump.
Wow, that SurgePays ParichuteConnect deal, huh?
How's that working out?
10-Q update? on that SurgePays ParichuteConnect deal you touted here?
Creepy ParichuteConnect.
ACP shut down because scammers and lowlifes made a living off the underbanked!
3-days-straight close under-50-dma. $SURG-is-a-short. Back-to-$5,-then-$3.
Lies-don't-cover-fact-that ACP stopped taking new applications a month ago.
And that current ACP enrollees are slated to have their ACP subsidy stop at or near the end of April, 2024.
That's in a month and a half.
Thousands and thousands of SurgePays ACP customers will lose their free service, and will drop their SurgePays broadband.
That's a lot of bill collecting and customer service hassle SurgePays will have to deal with when those folks also get billed the full cost instead of $0 a month.
Where is guidance from SurgePays, Inc.?
"The ACP Is Winding Down
The Affordable Connectivity Program stopped accepting new applications and enrollments on February 7, 2024. The last fully funded month of the program is April 2024."
https://www.fcc.gov/acp
FCC: April is last month for Affordable Connectivity Program payments
https://www.msn.com/en-us/news/politics/fcc-april-is-last-month-for-affordable-connectivity-program-payments/ar-BB1jnF3D
oh, those unprofitable other money streams? those ones? this scam lucked out with ACP, and then a congressman had to stop by to either cover for SurgePays, Inc.'s massive number of FCC violations or to see what the scam company is about.
think about it, that SurgePays would give you my cell phone number with my SurgeWireless customer account information so that you could then call to harass me each time I posted here.
Funny, as the company has multiple money streams.......nice try though. lolzzzzzzz
Does not matter. Brief hold until funding, of which Congress passed a bill today! lolzzzzzzzzzzz, there is no chicken little with sky falling......market reflects such today.
You sure it's not salami?
Yeah, only way SurgePays, Inc. makes money is with government handouts. ACP is like food stamps for SurgePays, Inc.
Socialism, as government handouts for SurgePays, Inc. is only how SurgePays is profitable.
Fact.
Yup, we knows ACP sign-ups stopped. FCC requirement. Therefore we knows SurgePays is no longer signing-up new ACP accounts. And ACP accounts means no SurgePays revenue growth. Likely attrition of customers too, therefore lowering SurgePays revenues.
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Moderators bUrRpPPP! SurgeGuy2.0 StockItOut |
Q1 and Q2 'Massive' Revenue Increased solely due to
share-dilution purchase acquision of ECS Marketplace.
ECS Marketplace was purchased Sept 30, 2019.
So, year-to-year Quarterly revenue increases from ECS are over.
In fact, ECS already has lower revenue by $10 Million annually,
than when as claimed at purchase on Sept. 30, 2019.
ECS Marketplace is a money losing operation!!
ECS Marketplace, since acquisition, has always been a
money losing operation for Surge Holdings!!
_________
Surge Holdings Inc. files its SEC filings to say:
"At the level of operations, the Company has to borrow funds
to meet basic operating costs."
__________
This Section is Maintained by SurgeGuy 2.0
WARNING
The Above Information in this Box are based on Lies against the CEO. An easy Google search will confirm the CEO was never convicted of Fraud or anything else....in fact, the Government had to drop the case and apologize!!!!! The other fact is the lies that the company lies on the financials, yet every 10K is audited and SurgePays was up-listed to NASDAQ!!! Despite posts claiming they never applied....
FACTS!!!
SurgePays has increased revenue over the past 2 years by over 300%!!!!!!
SurgePays is listed on the NASDAQ!!!
SurgePays O/S is only around 12.5M shares
SurgePays has over $12M in cash on hand and has retired all debt!!!!
Revenue continues to grow and will be about 3 times the current market cap!!!!!
First year evaluation has the price per share at $6.63!!!!!!
This section maintained by SurgeGuy 2.0
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