SurgePays Inc (SURG)

[StockItOut]

Investment is in 8% return, first-line creditor, and a sweet discount on the note purchase too. ...with lots of free SURG shares as padding or as cushion.

That's a sign of a certain Surge Holding's desperation for cash.

And it's more share swapping deals.

And evidences willingness of CEO to undermine current shareholders' value.

Which also reflect's Surge Holding's understanding that 'extra' recently acquired revenues along with existing declining revenues (evidenced in recent PR about the GBT Tech assets purchase), will not be bringing in this much needed cash.

These notes are toxic financing.

For a company as a Going Concern.

And by many appearances, a scam.