SurgePays Inc (SURG)

[traderdogzz]

By Kurtis Hemmerling Surge Holdings - (SURG)
Sunday, March 31, 2019 4:05 AM EDT

https://bit.ly/2HQEFYl

Surge Holdings (SURG) is up 35% since I wrote about it two months ago. Is there more room to run? The short answer is yes, both short-term and long-term. I want to cover some exciting new developments that will increase shareholder value. As I examine Surge more closely, I still feel that the market largely missing the huge play here. What is the market missing?

Surge Holdings is currently establishing themselves as a national supply and distribution channel for corner markets. They are rolling out across the country as we speak and should be in 40,000 locations by the end of 2019. And that’s just the start. Once established, they will exercise vast influence and control over this national network of corner stores. That’s the big play.

What might investors be focusing on instead? Perhaps people are eagerly anticipating how the market will receive the various Surge-branded products and services. So am I. Will people embrace a free monthly cellular plan that is subsidized through ads? Will the unbanked get the point of the pre-paid debit card and use it like a checking account? It is exciting to contemplate because if the market even modestly embraces these products, the market cap of Surge could be at $3 billion dollars over the next few years. The potential is staggering.

But that isn’t the big play here. Most are likely glossing over that Surge is quietly establishing an Amazon-like network for a virtually untapped market. But before dig into this, if you haven’t already read my initial report on Surge Holdings, please take the time to pour over it in detail. This current article will be focused on updates and the missed opportunity and not a rehash of my first analysis.

The key points that you should remember from the past article are as follows:

The SurgePays Portal platform is set to become a nation-wide supply / distribution channel for corner markets and convenience stores across the USA
Surge Holdings also has a few products and services of their own to sell into that channel
Surge products and services are focused on the underbanked and the credit challenged
Some of these offerings include a low-cost smart-phone, free and paid monthly cellular plans and a pre-paid Visa debit card that acts as an alternative checking account