SurgePays Inc (SURG)

[bUrRpPPP!]

We currently expect to use the net proceeds of this offering and any proceeds from the exercise of Warrants primarily for the following purposes:


? approximately $2,300,000 for the repayment of loans (used for general corporate expenses) that accrue interest at 15% per year and a maturity date of March 8, 2022:

? the remainder for working capital and other general corporate purposes.

so cox needs $3m to payoff his loans and then use the rest to pay himself.... lolollxzxzlolzzz