SurgePays Inc (SURG)

[StockItOut]

"The company reported it is modeling 5,000 sign-ups per month for the service and is looking to ramp over time." said SurgePays, Inc. CEO Kevin Brian Cox, Aug. 12th, 2021 --- lolzzzzzzzzzz
https://www.benzinga.com/news/21/08/22478968/surgepays-approved-for-emergency-broadband-benefit-program-to-expand-broadband-access-in-us

_________

Nov. 17, 2022
https://seekingalpha.com/article/4558807-surgepays-keeps-growing

"Then they organize subscription drives in tents with banners stating "Free internet" to sign up ACP subscribers."

"But as winter approaches, these outdoor drives will decrease, but luckily they have another ace up their sleeve to continue the sales drive, their network of community stores.

ACP enrollments in stores

The company has added ACP enrollments to its SurgePays platform for convenience stores, which brings multiple benefits:

75% of store visitors use SNAP, by virtue of which they qualify automatically for the ACP, data can be quickly entered into the software running in their community shops, which makes it attractive for stores to join their network as this is an easy earner for them as well.
It speeds up the growth of their ACP subscribers, especially as their outdoor pop-up tent subscription drives (used by most of their competitors as well) will decrease during winter."

lolzzzzzzzzzz

_________


https://finance.yahoo.com/news/q1-2023-surgepays-inc-earnings-111106565.html
"I want to add a little bit more color to why of all the things that I talked about in the press release and the script of why the stores are so advantageous for us as a distribution point for ACP, for our own MVNO subscribers and all the other products we sell. And then using ACP is that golden ticket to really just pave that way and open the door for us. It's not just the model. It's the cost. (uhhggg, reeks of Coxy bullshit)(but people like Coxy bullshit 'cause they think Coxy believes it himself).

When we're paying folks out there in tents that go out and set up the pop-up tents, that's their only source of income. They're traveling hotels, gas, and their only source of income is doing the ACP program. So at the end of the day, those people require a much higher, let's call it, a spiff, a bounty, a payment for that.

The store -- this is a simple quick transaction at the store where we're simply using them to get the telephone number where our software can then engage that customer by way of chat through SMS so that the heavy lifting of that subscriber activation is done by our people. So that store one is quick now. So we're paying the store $10 to $12 as opposed to paying someone in the field $50." (Your SurgePays' "people?" Who, where! why, how?)

"Our field sales cost us $50, at a store it cost us $12. If you run the math, I can get 4 store customers for every 3 field sales." -- lolzzzzzzzzzz

"If that tent rolls through town and it gets rid of all of its devices and gone. It's gone. It doesn't come back. The salesperson goes to the next town. If that customer ever has an issue, nobody to go to except the next tent that comes to town, if there's -- the tablet breaks or there's an issue, most of these people don't know their company. (Can you feel the bullshit, like the customer does not know their MVNO cell phone carrier after signing up? Stupid, right? That's Coxy bullshit!).

If it's the store that they go to 3 to 5x a week, and they can go back in there and that store owner has a very small residual payment just for that customer staying on the product. Well, that store owner has a vested interest to say, "Hey, Adam, hey, man, tell you what, text your problem to SURG, and the customer service, they'll help you out. They got -- they'll take care of it. And if you need anything else, let me know. They got an e-mail address and telephone number. We can help you. We got your back." So it's a completely different mindset of that customer engagement being in that community permanently for retention, for lower cost.". (So now the mom n pop store is going to have tech support counter, nice! Man, Coxy is a bullshitter!)

"And I think the stores are going to really help us reduce attrition because, like I said, that customer does business with that store. That's their guy. That's the guy that they buy their cigarettes from, their coffee from, their Doritos, they go in there 3 to 5 times a week. And it's almost a perception that I'm buying -- I got my service through him or her. It's not some random company that I got from a tent. It's them. I need to do business with them because I see them all the time. So we really do feel like that's going to really help reduce that and continue to help us grow.... But again, that's definitely a focus of mine personally."

_____

"and we believe the warmer spring months will provide even greater opportunities to sign up new customers."
https://www.globenewswire.com/news-release/2022/04/19/2424964/0/en/SurgePays-Passes-100-000-Mobile-Broadband-Subscribers.html



"The numbers that were coming in that we're seeing online, is a cost of about $20 to $25, compared to a $45 commission in the field. So we're hoping that continues. And we're able to look at more of a blended cost per acquisition, somewhere in the $30 to $35 range, which is would significantly, and estimates a 25% drop in our cost per acquisition by being able to go direct online."
https://seekingalpha.com/article/4512143-surgepays-inc-surg-ceo-brian-cox-on-q1-2022-results-earnings-call-transcript

All that Brian Cox SurgePays bull about CAC @ $12 per in-store, now Coxy Woxy wants to go online, and reduce the in-store sales. But his whole SurgePays Portal platform requires stores. -- lolzzzzzzzzzz.

_________

"Well, maintaining that supply is very important, because the salesperson cannot run out of tablets, or they will bounce to another competitor.
https://seekingalpha.com/article/4512143-surgepays-inc-surg-ceo-brian-cox-on-q1-2022-results-earnings-call-transcript

Looks like the SurgePay, Inc. sales force is not in-house at all.

_________

There's more, maybe another time. If Brian Cox is so legitimate, there would be zero need to align with a front or scam like Parichute. Nor scam retail over the years with pump n dump deceptions.