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Just keep shorting!!
Spoken like true scam artist grifter. CEO Brian Cox:
"without diluting our common stockholders."
How's that $2-Million-losing-revenue SurgeLogics coming along?
How's the sales team doing building out the stores base from 8,000 stores that sells about $1.47 prrrrr day in SurgePays Portal business?
This laughable scam!
SurgePays Inc.
Still the newest scam on NASDAQ?
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SurgePays gains on on crossing 200,000 mobile broadband subscribers
Oct. 05, 2022 9:10 AM ETSurgePays, Inc. (SURG), SURGWBy: Deepa Sarvaiya, SA
SurgePays (NASDAQ:SURG) exceeded 200,000 subscribers in its mobile broadband subscriber business SurgePhone Wireless.
"We are still in the early stages of the ACP scaling efforts to reach as many of the estimated 48 million qualifying households as possible. Today, SurgePhone Wireless has over 220,000 subscribers exceeding the guidance given at the beginning of the year. Our organic growth has been achieved as we promised, without diluting our common stockholders." said Chairman and CEO Brian Cox.
Shares are trading 6.59% higher in premarket.
$20 next year? $SURG reverse splitting yet again?
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SURG looking strong.........$20 next year!
Benzinga despises Brian Cox now. Cox bullshitted Benzinga!
Fact!
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Fake Revenues SCAM!
Sure looking strong! $20 PPS coming!
SurgePays missed the street by $.43 per share, with a loss rather than street anticipated profit.
Surgepays reported Q2 earnings per share at $-0.07/share, which did not meet analyst predictions of $0.36/share.
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For Surgepays, a negative ROCE ratio of -0.41% suggests that management may not be effectively allocating their capital.
Effective capital allocation is a positive indicator that a company will achieve more durable success and favorable long-term returns; poor capital allocation can be a leech on the performance of a company over time.
Analyst Predictions
Surgepays reported Q2 earnings per share at $-0.07/share, which did not meet analyst predictions of $0.36/share.
TOTAL
$SURG has always been a $SCAM
SurgePays to Present at the H.C. Wainwright Annual Global Investment Conference
BARTLETT, Tenn., Sept. 06, 2022 (GLOBE NEWSWIRE)
-- SurgePays, Inc. (Nasdaq: SURG) ("SurgePays" or the "Company"), a technology and telecommunications company focused on the underbanked and underserved, today announced that CEO Brian Cox will present at the H.C. Wainwright Annual Global Investment Conference.
Sign up.
https://hcwevents.com/annualconference/?inf_contact_key=0ebdb2c1691489bce20b34af7b643953
Still SCURGING... FAKE REVENUES, FAKE ENROLLMENTS
Maybe CEO Cox will buy more $SCURG to try and save the chart.
But of course SURG is SCAM! Did anyone actually think this was Legit? lolzzzz
Fake Revenues.
Fake internet sign-ups.
Fake deals.
Fake products.
Fake stores.
Faked financials.
Fake value.
Fake CEO interview
Real SCAM SURGEPAYS INC.
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Going under $4 soon.
Harold
SURG on NASDAQ! Oh My! that is as legit as it gets! lolzzzzzzzz
You had me there, thought SurgePays was going legit.
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This POS going into the toilet thanks Surgepay
Poor dog......feel sorry for the thing......
My dog had diarrhea yesterday and it reminded me of SURG.....
It's a bad thing? CEO-buying-his-company-stock-to-save-the-SURG-stock-chart?
OK, interesting, thanks.
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LMAO! too funny seeing CEO invest in his own company.....how is that a bad thing? lolzzzzzz
Cox trying to save the SURG chart, again?
People catching-on that his company SurgePays Inc. is a scam?
That Cox makes-up one product after another, one deal after another that fail to materialize. That's the SurgePays Way.
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Fake it. Build it so they don't come.
Years and years of fake products and fake deals from SurgePays Inc.
Fact!
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Cox buying more shares! looking strong!!!!!
It normally catches up when shorters working the stock.
Harold
Every single SurgePays news-release-webpage has-been-deleted by SurgePays Inc.
All past news releases webpages, as recent as Aug. 11, 2022, have all been deleted (prior PR links resolve to "Page not found") and have selectively been replaced with new SurgePays press release pages embedded within just one single SurgePays Inc. web address webpage, an all encompassing SurgePays Inc. Press Releases webpage, embedding all and every past press release at just one same webpage web address, at https://ir.surgepays.com/news-events/press-releases/
Who knows, but maybe SurgePays Inc. is hiding all its own past news release links, such that search engines and message board citations to PRs, with links to all their past news and product releases and CEO paid interviews, cannot readily be found, and that will not direct readers to all their fake news, fake revenues, paid interviews, paid pre-arranged conference call, and fake products.
in my opinion.
Globe News Wire links are still working, but now embed the SurgePays website PR webpages.
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Yup, that 4SIM technology was another Brian Cox lie.
Same with the fake BLITZ customer marketing/management too. Fake.
Seems Cox just gets names trademarked to come off as legitimate, as the SurgePays Inc. scam model is:
"Build it so they don't come."
SurgePas Inc. Field of Fake Dreams.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166082039
WOW IT'S ALREADY BEEN OVER YEAR SINCE THIS BULLSHIT!
THIS WAS LAME BULLSHIT FROM COX...THIS IS WHERE HE REALLY STARTED TO WORRY ME ABOUT HIS ABILITY TO CREATE TOP QUALITY BULLSHIT...AND OF COURSE THE VIDEO SHOWING THIS "DISRUPTIVE" TECHNOLOGY HAS LONG BEEN DELETED FROM THE WEBSITE... TYPICAL COXY WOXY!
https://ir.surgepays.com/news-events/press-releases/detail/71/surge-launches-breakthrough-wireless-activation-technology
September 01, 2020 8:30am EDT
Disruptive technology, 4SIM™ enables retailers to activate prepaid phones and SIM cards in seconds
Memphis, TN, Sept. 01, 2020 (GLOBE NEWSWIRE) -- Surge Holdings, Inc. (OTCQB: SURG), a holding company meeting the needs of underserved markets in fintech, telecommunications and media, today announces the launch of its proprietary 4SIM™ wireless activation technology. 4SIM is a first-in-kind software solution enabling independent retailers to activate prepaid wireless phones and SIM cards in a fraction of the time using existing point-of-sale (POS) equipment on the ECS Marketplace platform.
Brian Cox, Chairman and CEO of Surge Holdings, commented, “Activating a SIM card normally requires a computer and can take up to 5-10 minutes. This cumbersome process prevents high volume convenience stores, gas stations and tiendas from being points of mass distribution for wireless phones and activations. 4SIM allows retailers to activate phones and SIM cards in under 20 seconds, in much the same way as gift cards, through the existing POS terminal and without a separate computer. We believe this game-changing technology will allow us to corner the market on prepaid wireless sold through independent c-store channels.”
“We are initially launching 4SIM on an exclusive basis with our proprietary prepaid wireless subsidiary Loco Rabbit. Additionally, due to the significant consolidation the wireless telecom industry, I believe there will be a mass migration from CDMA to GSM which presents an opportunity to license this technology under a Software-as-a-Service (SaaS) model for other GSM prepaid wireless companies.”
A short video presentation of 4SIM is available at: https://surgeholdings.com/#4SIM.
“Our proprietary 4SIM wireless activation technology is another differentiator, and when combined with our Loco Rabbit offering, provides retailers a convenient and high margin product to increase profit and foot traffic in their stores. Our ability as a fintech company to create efficiencies for our customers and retail partners offers us a distinct competitive advantage.”
About Surge Holdings, Inc.
Surge Holdings, Inc. is a holding company meeting the needs of underserved markets in FinTech, Telecommunications and Media. For more information on Surge Holdings, it’s brands or subsidiaries, please visit: https://surgeholdings.com.
Forward Looking Statements
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking terminology such as “believes”, “expects”, “may”, “will”, “should”, “anticipates”, “plans”, or similar expressions or the negative of these terms and similar expressions are intended to identify forward-looking statements. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described by the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company's reports filed with the U.S. Securities and Exchange Commission. The forward-looking information provided herein represents the Company's estimates as of the date of the press release, and subsequent events and developments may cause the Company's estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press
Where's that 'Mr. Fake Handshake of Memphis' photo, where Brian Cox of SurgePays Inc. is buddying-up with Terry Brimhall, Cox acting all local football hero all-American shaking Mr. Brimhall's hand, Cox fully-knowing he was never going to come through to actually sell BRIM's pork rinds and other snack foods?
COXY..."LET ME FLEX WHILE I SHAKE YOUR HAND SUCKERS! QUICK SOMEONE TAKE A PICTURE OF MY MUSCLES...OMG!
Thanks for the info:
JUST FOR LAUGHS YOU HAVE TO WATCH COX TALK ABOUT 20,000 ANDROIDS HITTING HIS LOADING DOCK AT THE 2MIN MARK....THE ENTIRE BULLSHIT VIDOE WE NOW KNOW WAS 100% FROM THE PASTIME MOU TO THE BULLSHIT SURGE VISA...AMAZING THIS GUY IS NOT BACK IN JAIL.... 2 MIN MARK
Now that is funny............glad I loaded again! $20 coming.....BWAAAAA HAAAAAAAA
Reloaded on the dip! another double or triple coming! lolzzzzzzzzz
Thanks-for-the-info: "FREE-RENT FOR ALL SURGEPAYS-MANAGEMENTS PRIVATE-BUSINESSES
Glass Mountain Capital, LLC IS OWNED BY SURG COO Anthony P. Nuzzo, Jr. WHICH JUST HAPPENS TO BE THE SAME EXACT NEW SURG OFFICE LOCATION THAT QUIETLY APPEARED IN THE 10K WITHOUT ANY NEWS OR OFFICIAL 8K OF A MATERIAL EVENT. LOOKS LIKE SURG SHAREHOLDERS ARE PAYING FOR NUZZO'S OFFICE NOW TOO! ....SEC WILL BE HAPPY TO LOOK INTO THIS!
ITEM 2. PROPERTIES
We presently occupy space at 3 locations: 3124 Brother Blvd, Suite 410, Bartlett, TN 38133, (This building is owned by an entity owned by Mr. Cox, our CEO and Chairman and the controlling shareholder of the Company), 1375 E Woodfield Road, Schaumburg IL 60173 and1615 S Ingram Mill, Building B, Springfield, Missouri 65804.
HERE IS THE LINK TO GLASS MOUNTAIN...SCROLL DOWN AND YOU CAN SEE THEY OCCUPY LIST THE IDENTICAL ADDRESS...
http://www.glassmountaincapital.com/
1375 E Woodfield Rd
Suite 400
Schaumburg, IL 60173
877-214-0276 (Toll Free)
info@glassmountaincapital.com
And the 3rd address is for Winfrey's business....so all the managements private business get free rent! Below the address listed in the SURG Q1 and of course no 8-k filed of news expaling why...
1615 S Ingram Mill, Building B, Springfield, Missouri 65804.
https://www.dnb.com/business-directory/company-profiles.electronic_check_services_inc.4df799dcaa1b721967199381561df1b3.html
https://ir.surgepays.com/company-information/management-team
https://missouri-company.com/co/electronic-check-services-inc
On January 30, 2020, the Company entered into a Membership Interest Purchase Agreement (the “MIPA”) by and among the Company, ECS Prepaid, LLC, a Missouri limited liability company (“ECS Prepaid”), Dennis R. Winfrey, an individual, and Peggy S. Winfrey, an individual (together, the “Winfreys”), whereby the Company purchased from the Winfreys all of the Membership Interests of ECS Prepaid owned by the Winfreys (the “ECS Prepaid Membership Interests”). In consideration for the ECS Prepaid Membership Interests, the Company issued to Suray Holdings LLC, an entity jointly controlled by the Winfreys, 450,000 shares of Common Stock of the Company.
Seeking Alpha on SurgePays... lol. One scammer pumping another.
SurgePays: High-Risk, High-Return Play With Surging Subscriber Numbers
Aug. 15, 2022 12:00 PM ET
https://seekingalpha.com/article/4534418-surgepays-a-high-risk-high-return-play-with-surging-subscriber-numbers?mailingid=28736202&messageid=2800&serial=28736202.596&source=email_2800&utm_campaign=rta-stock-article&utm_medium=email&utm_source=seeking_alpha&utm_term=28736202.596
Conclusion
The company has a lot going for it. It has hardly begun to scratch a huge total addressable market ("TAM"), providing an unbeatable proposition (free internet) to ACP-qualified subscribers. Fast growth can continue for years.
The subscriber growth is limited by the number of tablets they can pre-finance, but a pending finance deal on the government ACP receivables should lessen this limit (and improve the margins on the tablets).
While margins are still low, with an increasing base of subscribers for their mobile broadband business these will set to improve and the company will start to produce cash.
The shares are pretty cheap, held down by a seemingly increasing short position, management owns well over a third of the company and they aren't selling shares.
The risk is in the continuation of the ACP but given the digital divide and the importance of the Internet for access to jobs, education, and services like healthcare, we're not overly worried about that.
"$1,500 a month per location" revenue. That's a lot of snack food sales per store.
40,000 stores, promised to increase to AATAC's up to 110,000 stores, and wow!
Fake!
Either CEO Coxy always knew he was lying (Ding! Ding! Ding!), or this company needs a new CEO to legitimize the SurgePays scam.
Fake revenues is Brian Cox's bread n butter. Grifter. "Mr. Fake Handshake" of Memphis.
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GLAD I SHORTED THIS SCAM @$7.20 BWAAAAAA HAAAAAAAAA!
WOW! Surge Holdings Inc. Signs Multi-Million Dollar
Whoops sorry it was just old bullshit from 4 years ago that never happened...I thought it was some new bullshit...
Surge Holdings Inc. Signs Multi-Million Dollar MOU with Pastime Foods
The MOU calls for adding 40,000 retail locations with a $1,500 a month per location commitment.
https://www.globenewswire.com/en/news-release/2018/10/09/1618395/0/en/Surge-Holdings-Inc-Signs-Multi-Million-Dollar-MOU-with-Pastime-Foods.html
Wall Street showing what they think of this pumped up stock. Lol not much.
Harold
Price isn’t false. Big boy shorts shorting big time.
Harold
Not sure what company is in the embedded link, but it is not SurgePays.......sorry.......lolzzzzzzzz
If SurgePays is selling products at convenience and bodega stores around the country, 8,000 stores, why is their in-store sales revenue just 1.24 cents per day per store?
revenue up over 146%!
Profit is what's important and calling stock sells revenue is actually illegal on SEC filings. This company has never seen a profit from its phony services. Ever.
Again, SP's real product is stock to the insiders.
Is a 2 buck 30+% drop in pps a good thing?
In less than a day of trading?
Back to $2s coming. Back-to pre-reverse, pre-4X-dilution $.04s-$0.05s.
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Audited is audited, sorry......revenue up over 146%! Strong subscriber growth.....sorry, have a great weekend! lolzzzzzz
SurgePays losses just getting warmed-up. LOL!
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Moderators 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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