SurgePays Inc (SURG)

[StockItOut]

"If the ACP is not funded, we will look to increase revenue growth in our planned non-subsidized MVNO business and Comprehensive Platform Services through organic sales, key hires, and, as opportunities arise, complimentary acquisitions that are synergistic and accretive to our business model.”

Back to the OTC scam model we were before.
https://www.globenewswire.com/news-release/2024/03/12/2844995/0/en/SurgePays-Announces-Fourth-Quarter-and-Full-Year-2023-Financial-Results.html

"If the ACP is not funded, we will take the resources dedicated to the subsidized MVNMO business and move into the non-subsidized MVNO quicker than currently planned. We believe there is an opportunity to accomplish both goals, expand subscribers and add stores simultaneously. We also believe there is an opportunity to convert the subsidized subscribers into a non-subsidized plan. Those individuals currently utilizing the ACP may be looking for an alternative."

10-K 2023: https://www.sec.gov/ixviewer/ix.html?doc=/Archives/edgar/data/1392694/000149315224009661/form10-k.htm#lop_024

"quicker than currently planned." Meaning SurgePays has no plan. Other than raking in government handout money.

Why not have the "quicker" plan anyway? It's been six years of nothing growth and diminished revenues until ACP handouts showed up.

"We believe there is an opportunity to accomplish both goals, expand subscribers and add stores simultaneously."
Same as before ACP, where Brian Cox scammed shareholders, enriching himself first, shareholders never, year after year, never growing but losing the number of SurgePays stores. Those ECS "points of sale" stores were purchased, and then only decreased in total number since purchased by Surge Holdings, Inc. from 9,500 points of sale to 8,000 points of sale.

Where are these points of sale "stores" SurgePays falsely calls stores? Where can shareholders go to a SurgePays, Inc. store to top-up or purchase their mobile plan or phone card? SurgePays keeps that a secret, never publicized, why?, because SurgePays convenience stores don't exist.

Notice Surge Blockchain, LLC, the division of SurgePays, Inc. that as Surge Blockchain sells goods at SurgePays convenience stores, has in effect no revenue, just $38,466 as "Other" revenue for all of 2023.

Did Tony Evers as SurgePays, Inc.'s.'s CFO again move and shift revenues on the books, as they've done for years, even prior to Evers as CFO? Is Surge Blockchain revenue now being cooked as in-part Surge Fintech revenue? Disaggregated cooking the books income used to be the SurgePays, Inc. standard.