If only actual reasons were argued to establish why Nasdaq listing is possible with Surge Holdings (SURG). Sure, $2 is possible, yet a $260M marketcap for Surge Holdings, which loses money, has its main revenue source declining quickly in sales and revenue, and which will be phased out, and has unproven 'new' revenue streams, unproven as part of the "plan" (lol), with highly touted multiple-times repeated release-delays and implementation delays.... yea, a Visa card which has been on the market available for a decade plus (big whoop), no thanks. I'll wait to invest and buy SURG when it's much much lower in price. CEO and his pump machine misled too often.
$10M marketcap, meaning $0.06 per share after the coming as-announced $11 Million Distribution share dilution, already sounds pretty generous for SURG.
This junk stock negative equity company, revenue decreasing money losing company, with just 134 owners, is way over valued right now at $33M.
Not only do you need $2 or $3 per share for a Nasdaq listing, SURG needs 300 even lot shareholders, 150 of whom with at least $2,500 in SURG. Other than for Surge to continue lying and misleading retail, tricking them into buying into future promises, the only way for legit buyers to come in is for Surge to a actually start delivering on its promises, increase revenues, increase sales, and turn a profit. I'm for that. If it does, it's current valuation will be legit. Yes, six times valuation, to get to just $2.00...,?... nope, that won't be real for a long time with SURG, if ever.
Cox now needs to prove with results, that he's not running a scam.
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