That $0.75 was Cox n crew running SURG higher in order to unload diluted shares. Otherwise if demand was in fact there, the stock price would have held, and consolidated.
Nasdaq needs more than just price, right? Cox is coxing people.
"Longer than expected...". You won't hear CEO Cox say so. He just games and sneaks up release dates, while previously challenging shareholders to hold him accountable. A few here are. Cox doesn't even hold himself accountable, publicly anyway. Cox needs to be straight with shareholders.
"Rather wait for a good product.". We've been waiting. Is SurgePays for real? Is 3,000 to 5,000 store installations per month real? Cox n crew keep missing.... over and over and over. SurgeVisa, as has been shown here, is nothing but a copy cat credit card, as issued for years by the exact same bank, not to mention other banks too. There's just investors dumb enough to not know (like I used to be) this type of payroll deposit money transfer credit/debit card already exists.
SurgePays sounds good as a distribution system for C-Stores, but will it go, as Cox has misled after misleading, and so on.
If it's a go, I'd rather buy Surge (SURG) when they and Cox actually prove themselves, and when the stock is $0.06, where it belongs.
Cox just yesterday announced one third marketcap dilution. Ah... hello.... !!!? The company is faltering because it's been missing targets, losing revenue, gaining little revenue, increasing costs and expenditures, and because Cox has been bullshi**ing.
Read my long post regarding TrueWireless information. It is informative. Cox got spanked by regulators. Timeline follows the run-up in SURG too. Party is over... for now.