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APHA 2 gaps to fill!
APHA $7.10 today ... step by step we gonna close the gaps!
Never thought it would have come down that much.
Very nice and healthy pullback on PRED.
The gap has been closed @ $6.90
Really great picks Mike
Breakout on PRED today.
It has to break that $5.20 area, after that it gonna have another huge move.
ELGL big winner. Very nice pick, Mike!
ELGL flies like an eagle :0)
PRED let's see if it can break $3.87
SURG NEWS Surge Holdings Announces Integration of UPS into its SurgePays™ Retail Blockchain NetworkPress Release | 04/30/2019
Memphis, TN, April 30, 2019 (GLOBE NEWSWIRE) -- April 30, 2019 – Surge Holdings, Inc. (“Surge”) (OTCQB: SURG), developer of the SurgePays™ retail blockchain network, is pleased to announce it has completed the integration of UPS delivery into the Company’s SurgePays™ platform.
Brian Cox, CEO and Chairman of Surge Holdings, commented, “The SurgePays platform transforms the traditional retail supply chain by providing a virtual distribution hub for local retailers and convenience stores to access wholesale goods from around the country. In addition, our platform provides manufacturers the ability to cost effectively reach tens of thousands of stores nationwide. I am pleased to report we have achieved an important milestone with the integration of UPS into the SurgePays fulfillment module, which has now been fully tested, completed and is live on the system. As a result, we can provide manufacturers with pick-pack-ship forms and pre-populated UPS shipping slips, as well as tracking and notifications for both the manufacturer and merchants. Importantly, we believe this integration will also help lower distribution costs for manufacturers by allowing them to leverage the mass purchasing power available through UPS.”
“Our goal from the start has been to make the process of ordering, fulfillment and delivery of products between local retailers and manufacturers as simple, quick and efficient as possible through a modular and scalable software platform. I’d especially like to thank John Mott, our Chief Technology Officer, who has done a great job leading multiple teams of software developers to make this integration possible.”
About Surge Holdings, Inc:
Surge Holdings, Inc. is a retail supply chain company leveraging blockchain technology to provide a virtual distribution hub for retailers, as well as offer telecom services for low income customers and financial payment services for the unbanked and under-banked. Surge products are delivered through a nationwide network of convenience stores and corner markets connected to the SurgePays™ retail blockchain network. This retail platform is designed to transform the traditional supply chain by providing local retailers seamless access to global products, and empowers the corner store to select, order and fulfill delivery of wholesale goods from around the country. This platform also provides manufacturers a cost-effective and efficient platform to access local retailers. For more information on Surge Holdings and its 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. 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 release.
Investor Contact:
Crescendo Communications, LLC
Tel: 212-671-1020
Email: SURG@crescendo-ir.com
KPAY - Looks like the first target is set @$ 1.80 Mike
Why The Market Is Overlooking The Massive Opportunity Of Surge Holdings
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148091963
SURG Annual Report
https://seekingalpha.com/filing/4427100
SURG - What the market is missing about SURG?
https://talkmarkets.com/content/us-markets/what-the-market-is-missing-about-surge-holdings?post=215881
Surge and Moolah Mobile Partner To Launch First Free Wireless Service For Low-Income CommunitiesPress Release | 03/28/2019
Surge and Moolah Mobile Partner To Launch First Free Wireless Service For Low-Income Communities
Exclusive partnership projected to provide free mobile service to an estimated 1 million users
PR Newswire
ATLANTA, March 28, 2019
ATLANTA, March 28, 2019 /PRNewswire/ -- Moolah Mobile, the direct-to-consumer ad network, and SurgePhone Wireless, a wholly-owned subsidiary of Surge Holdings Inc. ("Surge") (OTCQB: SURG), today announced their partnership to launch the first free wireless service for low-income communities. The service, which is available today, will provide free talk, text and data to an estimated 1 million users in select U.S. states over the duration of the partnership by subsidizing their wireless bills with income generated by Moolah Mobile on their smartphones.
"Moolah Mobile's goal is to use emerging tech to give more economic opportunities and resources to those who need them most," said Vernell Woods, CEO of Moolah Mobile. "We're very excited to partner with Surge in creating the first free wireless service for underserved communities."
Moolah Mobile and Surge will provide the first free-standing, no-cost wireless service in the U.S. Surge will offer the service provided on its custom Google-Certified Surge Volt Android devices with Moolah install kits and distribute SIM Starter Kits for those who wish to use their own smartphones. The service will launch in Florida, Virginia, Georgia, and Texas then expand to other territories in phases. The target goal is 3,000 to 5,000 locations per month with a national rollout of in 40,000 locations by the end of 2019 with an estimated user base of over 800,000 subscribers. The service is also available now at www.surgephone.com. By installing Moolah Mobile on their smartphones, users can subsidize the total cost of this service without changing their usage habits.
"Partnering with Moolah Mobile enhances our ability to utilize emerging technology to improve the quality of life for low income, under-banked, subprime credit and immigrant populations in the U.S.," said Brian Cox, the CEO of Surge. "It's exciting working with a company that shares your vision and has the intensity, hustle and discipline necessary to execute it. This partnership gives Surge a competitive advantage by essentially creating a no-cost product offering that currently doesn't exist. I look forward to partnering with the team at Moolah Mobile on other products down the road as we both work to provide technology and digital services to the disadvantaged."
Moolah Mobile generates passive income for Android users by serving native advertisements on their home screens and letting them opt in to take surveys. Income generated through Moolah Mobile can be used to auto-pay phone and utility bills, make purchases on Amazon, or convert into useful gift cards. Moolah Mobile also gives users access to resources like wealth management, education, and career assistance.
"I decided to become an investor in Moolah Mobile because it's one of the few tech companies I've seen who truly want to help everyday people have access to technology," said Tip "T.I." Harris, a strategic investor in Moolah Mobile.
About Moolah Mobile
Moolah Mobile is a service that turns Android devices into native advertising platforms. By installing Moolah Mobile's custom home screens and digital wallet, Moolah Mobile users earn income for each ad served and survey completed. Income earned from Moolah Mobile can be used to pay phone and utility bills or make purchases on Amazon. To learn more about Moolah Mobile please visit http://www.MoolahMobile.com/
About Surge Holdings Inc:
Surge Holdings Inc. is a publicly traded company under the stock symbol SURG. On March 5, 2019, Surge filed an application for uplisting on the NASDAQ Capital Market. Headquartered in Memphis, TN, Surge wholly owns and actively operates subsidiaries that utilize emerging technology to improve the quality of life for the low income, under-banked, subprime credit and immigrant populations in the U.S. Surge products are delivered to a nationwide network of convenience stores and corner markets connected to the SurgePays Wholesale Marketplace Portal software platform. Current focus and holdings include Blockchain Fintech Software as a Service (SaaS) subsidiaries, Reloadable VISA Debit Cards and Telecommunications subsidiaries. Surge Holdings, Inc is traded under the stock ticker symbol: SURG.
? View original content:http://www.prnewswire.com/news-releases/surge-and-moolah-mobile-partner-to-launch-first-free-wireless-service-for-low-income-communities-300820161.html
SOURCE Moolah Mobile
$NIO has a huge gape @9.75.
What has happened?
Looks like a small start of short covering to me.
KPAY News - Further KinerjaPay Corp. Update Regarding Its New Equity FundingPress Release | 03/18/2019
Further KinerjaPay Corp. Update Regarding Its New Equity FundingKinerjaPay Corp. Issues Update About Wahana Group Investment Subscription for Series F and G Convertible Preferred Stock
PR Newswire
JAKARTA, Indonesia, March 18, 2019
JAKARTA, Indonesia, March 18, 2019 /PRNewswire/ -- KinerjaPay Corp, a Delaware corporation, (OTCQB: KPAY) (the "Company" or "KPAY"), a Digital Payment and e-Commerce Platform, today announced further progress to securing the subscription proceeds of $200 million in equity funding from Indonesian-based PT. Investa Wahana Development / PT. Investa Wijaya Pembangunan (the "Wahana Group"). As previously reported in the Company's Form 8-K filed on January 8, 2019, the Company entered into a binding commitment with Wahana Group for the issuance and sale of $200 million of the Company's newly authorized shares of Series F and Series G Convertible Preferred Stock (the "Preferred Stock") for $200 million, which Preferred Stock is convertible at $1.80 per share and subject to a 9.99% beneficial ownership limitation provision.
The Company has received Wahana Group's firm and continuing commitment to closing their funding to KPAY in a timely manner. The initial delay since the Company reported the Wahana Group's subscription for the Preferred Stock was due to the complexity of the United States federal banking regulations in establishing a new U.S. banking relationship to accept a SWIFT for the $200 million in funding from an Indonesian-based investor.
With the close assistance of the Wahana Group, Mr. Edwin Ng, our CEO and Chairman, stated, "the Company has agreed to engage the services of a professional banking consultant who has recommended together with the Wahana Group, that the Company utilize KPAY's existing banking relationships in Indonesia. To that end, KPAY has submitted all documents necessary to the Investor's bank to establish a credit line to facilitate receipt of the $200 million investment."
The Company has confirmed that the entire process to close the funding should be completed within the next 30 days or sooner, based upon communications between the institution issuing the Bank Instrument and the Beneficiary Bank's officers. Edwin Ng, the Company's Chairman & CEO, commented: "We are now pleased with the progress taking place, after unanticipated delays in receiving the Wahana Group's investment of $200 million, and we continue to work very closely with the Wahana Group to conclude this equity funding. While it has taken longer than our original estimated time to close the transaction and receive the subscription proceeds, we are now moving closer to finalize receipt of the investment from Wahana Group."
Mr. Ng further stated, "I believe that 2019 will be a transformative year for KPAY as we launch our P2P platform in Indonesia and continue to invest in high growth areas in one of the world's fastest growing economies."
Mr. Rio Chandranegara, Director of Business Development of Wahana Group's PT. Investa Wahana Propertindo entity, stated: "Wahana Group is committed to closing its subscription for the Preferred Stock by accessing several asset bases and resources owned by Wahana Group and is further committed to a long term and mutually beneficial relationship as a strategic partner and shareholder of KPAY."
About KinerjaPay
KinerjaPay enables consumers to "Pay, Play and Buy" through its secure web portal and mobile applications. Based in Indonesia, the Company provides easy and convenient payment solution while shopping online at its marketplace platform. With its current omni-channel platform, users can perform various payment services such as credit card bill payment, utility, phone bill, healthcare insurance and direct transfer to anyone at their convenience. KinerjaPay is also planning to launch other eCommerce verticals such as travel market, delivery services, and online gaming in the near future. The Company's services are available through its mobile applications and on its website at www.kinerjapay.com.
Notice Regarding Forward-Looking Statements
This press release may contain forward-looking statements, about KPAY's expectations, beliefs or intentions regarding, among other things, its product development efforts, business, financial condition, results of operations, strategies or prospects. In addition, from time to time, KPAY or its representatives have made or may make forward-looking statements, orally or in writing.
Forward-looking statements can be identified by the use of forward-looking words such as "believe," "expect," "intend," "plan," "may," "should" or "anticipate" or their negatives or other variations of these words or other comparable words or by the fact that these statements do not relate strictly to historical or current matters. These forward-looking statements may be included in, but are not limited to, various filings made by KPAY with the U.S. Securities and Exchange Commission, press releases or oral statements made by or with the approval of one of KPAY's authorized executive officers. Forward-looking statements relate to anticipated or expected events, activities, trends or results as of the date they are made. Because forward looking statements relate to matters that have not yet occurred, these statements are inherently subject to risks and uncertainties that could cause KPAY's actual results to differ materially from any future results expressed or implied by the forward-looking statements. Many factors could cause KPAY 's actual activities or results to differ materially from the activities and results anticipated in such forward-looking statements, including, but not limited to, the factors summarized in KPAY 's filings with the SEC. In addition, KPAY operates in an industry sector where securities values are highly volatile and may be influenced by economic and other factors beyond its control. KPAY does not undertake any obligation to publicly update these forward-looking statements, whether as a result of new information, future events or otherwise. Please see the risk factors associated with an investment in our securities which are included in our Annual Report on Form 10-K as filed with the SEC on April 20, 2018and most recently in our Registration Statement on Form S-1/A filed with the SEC on December 21, 2018, pursuant to which we are offering 300,000 Shares of 11% Series C Cumulative Redeemable Perpetual Preferred Stock at $25.00 Per Share.
For more information, please visit our website http://www.kinerjapay.co. There you will find access to all of our past press releases and SEC filings regarding the activities discussed in this letter.
Media Contact:
KinerjaPay Corp.
Email: info@kinerjapay.co
+62-21-2918-1336
Surge Holdings Inc. Files Application for Uplisting to the NASDAQ Capital MarketPress Release | 03/06/2019
Surge Holdings Inc. Files Application for Uplisting to the NASDAQ Capital Market
PR Newswire
MEMPHIS, Tenn., March 6, 2019
MEMPHIS, Tenn., March 6, 2019 /PRNewswire/ -- Surge Holdings Inc. ("Surge") (OTCQB: SURG), a Memphis-based Technology and Blockchain FinTech Software Company is pleased to announce today it has filed an application for uplisting on the NASDAQ Capital Market.
"We believe uplisting from the OTC Market to the Nasdaq Capital Market will increase corporate visibility, improve liquidity, and broaden awareness in the financial markets," stated Brian Cox, Surge's CEO and Chairman of the Board. "An up-list will open the investment opportunity to a larger pool of investors and help create greater shareholder value. We have made significant progress in strengthening our financial performance, governance and liquidity, positioning the Company for future growth and profitability. A listing on the Nasdaq Capital Market is a natural progression for the Company and our shareholders."
The Company's common stock will continue to trade on the OTCQB under its current symbol, SURG, during the NASDAQ review process and while the Company prepares to meet all the requirements for uplisting to NASDAQ.
About Surge Holdings Inc:
Surge Holdings Inc. is a publicly traded company headquartered in Memphis, TN. Surge wholly owns and actively operates subsidiaries that utilize emerging technology to improve the quality of life for the unbanked, under-banked, and the overlooked. Surge products are delivered to a nationwide network of convenience stores and corner markets connected to the SurgePays Wholesale Marketplace Portal software platform. Current focus and holdings include Blockchain FinTech Software as a Service (SaaS) subsidiaries, Reloadable Debit Cards for the unbanked and Telecommunications subsidiaries. Surge Holdings, Inc is traded under the stock ticker symbol: SURG.
For more information on Surge Holdings and its subsidiaries, please visit: https://surgeholdings.com
Follow CEO Brian Cox on Twitter for thoughts, insight, and progress of not only the short-term goals prioritized in this update, but relevant and material news for Surge: https://twitter.com/kbriancox
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. 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 release.
Invest@SurgeHoldings.com
901-229-7205
View original content to download multimedia:http://www.prnewswire.com/news-releases/surge-holdings-inc-files-application-for-uplisting-to-the-nasdaq-capital-market-300807383.html
SOURCE Surge Holdings
SURG gap has been filled at $0.79
Surge Holdings Partners With AATAC To Place SurgePays Blockchain Portal Into 40,000 Retail LocationsPress Release | 02/28/2019
Surge Holdings Partners With AATAC To Place SurgePays Blockchain Portal Into 40,000 Retail LocationsSURGE HOLDINGS AND AATAC have completed an agreement to rollout SurgePays 2.0 Blockchain Portal, SurgePhone Wireless and the Surge Volt Android in up to 40,000 retail locations with target completion by Year End of 2019.
PR Newswire
MEMPHIS, Tenn., Feb. 28, 2019
MEMPHIS, Tenn., Feb. 28, 2019 /PRNewswire/ -- Surge Holdings, Inc. (OTCQB: SURG), the Memphis-based Technology, Telecom and Blockchain FinTech Software Company, is pleased to announce the completion of a definitive agreement with AATAC to place SurgePays in up to 40,000 convenience and general retail outlets by year-end 2019.
AATAC is one of the nation's largest private trade associations spanning over 80,000 stores across the United States. The group forms relationships with corporate suppliers for the benefit of their retailer network, supports the various suppliers, hosts tradeshows and private meetings.
The rollout will launch in Florida, Virginia and Texas then expand to other territories in strategic phases. The target goal is 3,000 to 5,000 locations a month with an estimated completion of the national rollout of up to 40,000 locations by year-end 2019. The next phase would be introducing SurgePays to the remaining retail locations in the AATAC network.
Michael Hennessey, Associate Director of AATAC stated; "Our mission is to represent the industry and assist members in increasing their effectiveness and profitability to help them prosper. We seek to offer the most effective solutions and only recommend the best products and services to our members. Surge is an ideal partner for us, not only providing top quality, value and level of service for their telecom and FinTech products, but also a new technology marketplace that can help enhance our communication and efficiency with our retail network and the new programs we rollout."
AATAC reps will soon be activating sites where they'll deliver Surge Volt Androids and help train merchants on the SurgePays Blockchain Portal while also installing point of sale and awareness advertising materials. The merchant will use the portal, with image driven navigation similar to a website interface, to activate SurgePhone Wireless customers, add wireless minutes to SurgePhone customers or customers of any pay as you go wireless carrier and also load debit cards, etc. What makes SurgePays unique is that the portal also offers the merchant a wholesale marketplace interface to order consumable goods from regional manufacturers that are now able to distribute their products nationwide.
Brian Cox, CEO of SURG, said "We could not be more pleased with the AATAC partnership. This relationship enables Surge to add corner stores to our SurgePays Blockchain SaaS Platform network at a pace and scale we could not accomplish alone. My initial target in this AATAC venture is to achieve $1500 to $2500 top line sales revenue per month from each store while continuing to add consumable products to the merchants' wholesale marketplace portal as we further develop into a profit partner with these stores."
About AATAC (Asian American Trade Associations Council)
The AATAC is a national retailers association comprised of smaller buying groups, regional sub-chapters, and other trade organizations all working together under one group. The aggregate reach of the council is over 80,000+ retail locations in the gas station, convenience store, and general retail industry. AATAC's primary and affiliate members operate independent stores as well as many franchises of the most popular branded retailers such as 7-11, Circle K, Sunoco, Chevron, 76, BP, Arco, Shell, Marathon, and many others. The association's board is tasked with the duty of seeking out and forming relationships with select corporate suppliers and industry leaders for the betterment of the entire network. AATAC keeps its network informed about and actively involved with the industry through a myriad of engaging platforms including; hosting their own private educational mixers and trade shows, distributing newsletters and e-blasts, and other informational communications to its thousands of direct and affiliate members that are predominately independent retail owners who would traditionally not have knowledge of or access to the newest and most innovative products and services to help keep them competitive in the industry. The convenience and gas industry reach more Americans on a daily basis than grocery, drugstore, dollar store, and big box stores all combined. For more information, you can visit www.aatac.co.
About Surge Holdings:
Surge Holdings a publicly traded company that wholly owns and actively operated subsidiaries that utilize emerging technology to improve the quality of life for the unbanked, under-banked, and the overlooked. Current holdings include Telecommunications, Blockchain Fintech Software as a Service (SaaS), Global BPO and Social Media Digital Marketing. Surge Holdings, Inc is traded under the stock ticker symbol: SURG.
To get the SURGE shareholder guide and the latest news: https://surgeholdings.com
SurgePhone Wireless service can be ordered online: https://surgephone.com
Follow Surge Holdings on Twitter: https://twitter.com/surgeholdings
Follow CEO Brian Cox on Twitter for thoughts, insight, and progress of not only the short-term goals prioritized in this update, but relevant and material news for Surge: https://twitter.com/kbriancox
$SURG Surge Holdings: The Unknown Story Of High Potential Growth
https://seekingalpha.com/amp/article/4238650-surge-holdings-unknown-story-high-potential-growth?__twitter_impression=true
KPAY - Looks like the market believes the story now.
$SURG CEO Update: SurgePays Reloadable Visa - coming to a c-store near you!
Alright - so here we go...Man I am proud of this. Big time B.A.
— Brian Cox (@kbriancox) January 24, 2019
March will be a historic month for $SURG!!!!
8 months, 100s of hours of compliance conf calls. Tons of diligence, planning and working with the bank.
SurgePays Reloadable Visa - coming to a c-store near you! pic.twitter.com/JhxBm6BphD
$SURG has still the gap to fill @ $0.79
KPAY should see $1+ today
$SURG News
SURGE HOLDINGS, INC. COMPLETES ACQUISITION OF STAKE IN CENTERCOM GLOBAL BPOPress Release | 01/17/2019
Las Vegas, Jan. 17, 2019 (GLOBE NEWSWIRE) -- Surge Holdings, Inc. (OTCQB: SURG), the Las Vegas-based Technology, Telecom and Blockchain FinTech Software company announces today the completion of an agreement to acquire a 40% equity ownership of Centercom Global, S.A. de C.V (“Centercom”). Centercom is a dynamic operations center currently providing Surge sales support, customer service, IT infrastructure design, graphic media, database programming, software development, revenue assurance, lead generation, and other various operational support services for SURG.
Brian Cox, CEO of SURG, said “I am pleased to report the smooth closing of our agreement with Centercom. We now have the accessible bilingual human capital to support our strategic plan to grow the right way. As an example, the Centercom CTO is already at our administrative HQ in Memphis, working directly with our Surge CTO, planning for our next generation data center in advance of new product rollouts such as the SurgePays Reloadable Visa Card for the underbanked.”
The primary Centercom initiatives to support SURG 2019 growth plans are:
Assisting in on-boarding SurgePays Portal into over 40,000 retail locations and subsequent ongoing white glove supportAggressively marketing new “Free Wireless Service” program to substantially grow customer base while beefing up customer serviceLaunch SurgePays Reloadable Visa Card by end of 1st QuarterSupport our IT infrastructure including database managementUpsell-related FinTech products to our existing customer base to increase revenue
Cox further added, “I cannot emphasize enough to our shareholders that the foundation work for my build out checklist has been successfully completed as promised. The key indicators for Surge success and my new checklist and focus for 2019 is to increase our customer base across all product verticals, grow our retail distribution network and incorporate more products to accelerate the growth of top-line revenue. Centercom resources support these initiatives and allow me to think and go big, including exploring strategic acquisitions, without worrying about methodically scaling growth.”
Yes, KPAY is moving very nicely.
$SURG has also to do with this fintech as $KPAY does.
The float has to be very small on it.
It is moving very fast.
Looks like the market believes the story behind it. Good sign! $1+ just a matter of time.
Nice volume also.
$SURG News
SURGE LAUNCHES FREE UNLIMITED WIRELESS PLAN NATIONWIDEPress Release | 01/09/2019
SURG to Offer the First Free Wireless Service that is Not Subsidized by the Government
LAS VEGAS, NV, Jan. 09, 2019 (GLOBE NEWSWIRE) -- Surge Holdings, Inc. (OTCQB: SURG), the Las Vegas-based Technology, Telecom and Blockchain FinTech software company announces the first free wireless service not subsidized by the government.
The SurgePhone Wireless free unlimited plan is available online and will be the flagship product rolled out to a network of approx. 40,000 retail stores throughout the United States. Customers can purchase a SurgePhone Google Certified Android Smartphone for under $100 or simply get a Free SIM starter kit and use with their own unlocked GSM device. Surge anticipates ad revenue of $10 generated from each user service plan, where the more the phone is used the greater the revenue generated. The SurgePhone also becomes the hub for customers to receive the full suite of Surge FinTech products and services.
Brian Cox, CEO of SURG, said “We have now removed any barrier to bringing customers into the SURG ecosystem of products, including the upcoming SurgePays reloadable Visa card and rewards program. This free, yet profitable product will also allow us to bring on more stores offering our products which should accelerate the company towards my goal of 100,000 points of distribution across the country. This product will also accelerate our customer acquisition where we can preload and market related Surge products and services for significant additional revenue streams. This unprecedented service truly hits our mission of delivering our customers life enhancing products and services.”
There are no credit checks, contracts or otherwise intrusive obstacles to become a SurgePhone customer. SurgePhone will disrupt the traditional wireless industry by monetizing home screen ad network impressions through strategic technology partnerships. SurgePhone is now a free wireless solution for the unbanked, people with credit challenges, teens, seniors or anyone in between simply looking to cut costs.
Cox further added, “Our Free plan was constructed utilizing data from years of wireless usage reports to determine what the average person is actually using a month. The main thing we want to accomplish is to be able to offer free unlimited texting with a sufficient amount of talk and data included so that we have the customer in our network. This growing network provides a launch and distribution platform for both vendor partners and all of our other Surge products available today and in the future.”
4 Billion people are connected through mobile phones daily while 85% of the time spent on smartphones is in apps. Approximately $192 Billions is spent on mobile advertising each year.
Great News Mike !
SURG $0.62 GAP Close@$0.75
$WWR NEWS
Wednesday 2 January 2019 - Westwater Announces Acceptance of Its Request for Arbitration.
The International Centre for the Settlement of Investment Disputes registers Westwater’s case against the Republic of Turkey
Westwater Resources, Inc. (“Westwater,” or the “Company”) (Nasdaq: WWR), an energy materials development company, today announced that the International Centre for Settlement of Investment Disputes (ICSID) has registered its Request for Arbitration. The registration is the next step in Westwater seeking compensation from the Republic of Turkey. At issue is Turkey’s illegal taking of Westwater’s Temrezli and Sefaatli uranium projects in June 2018. These projects were owned by Westwater’s Turkish subsidiary Adur Madencilik Limited Sirketi (“Adur”).
Christopher M. Jones, President and CEO of Westwater Resources, stated: “This initiates the process of constructing an international tribunal that allows Westwater to bring the full force of law to seek recovery of the Company’s investment in Temrezli and Sefaatli. We are pleased that ICSID has acted quickly to accept our Request for Arbitration.”
To date, Adur and its predecessors have invested substantially in these two projects, using its technical expertise and carrying out extensive drilling, testing and studies to move the projects towards production. Having successfully completed the exploration stage in 2013-2014, Adur was granted a number of operating licenses by the Turkish government to develop the Temrezli mine. As a direct result of Adur’s efforts, Temrezli is the most advanced uranium project in Turkey. Experts have estimated that the mine will generate revenues of up to USD 644 million over its life, netting Westwater a return on its investment of USD 267 million as described in the Prefeasibility Study completed for the Temrezli project in 2014.
In June 2018, the Turkish government cancelled all of Adur's exploration and operating licenses with retroactive effect, rendering Westwater's investment in Adur effectively worthless. Incredibly, the Turkish government sought to justify its actions on the basis that the licenses – which had been variously issued, renewed and overseen by the Turkish government for more than a decade – had been issued by mistake. Turkey now asserts that it has a governmental monopoly over all uranium mining activities in Turkey, in violation of Westwater’s rights under Turkish and international law, including the Treaty between the United States of America and the Republic of Turkey concerning the Reciprocal Encouragement and Protection of Investments (“Treaty”). Westwater is bringing this claim under the Treaty to enforce its right to full reparation for the damage caused by Turkey's illegal acts.
$0.40 break here. Chartwise this one is looking very promising on the daily Chart.
Check the weekly also.