Reality!.... The fact is that the SURG pps reflects the validity of claimed revenue deal purchase from the failing GTCH deal. GTCH pps has since collapsed from $2.20 to just .25 in 3 months. The revenues from GTCH were an accounting trick that could only be done once by GTCH accountants and subsequently had to be removed the following Q thus the pps collapse. Now Surg is trying to use the same revs to prop up the PPS here and will also see the same result since it is again a 1 quarter accounting ploy....yes there are clever accounting loopholes that allow companies to temporarily prop up earnings for one Q but the law is the law and the following Q they will vanish....and no accounting firm will risk losing their license for one sleazy company....
Cox history has solidified him as a total BS artist....one thing is certain is 2020 will be filled with another year of huge bullshit promises only to fade away with time as the outstanding shares and dilution continues to climb each month to pay the $30K salaries of himself and buddies... the loans/notes will overwhelm the stock in the next couple months and the pps will drop to single digits...new dilution numbers will be out next week...The S-1 filed for $12,500,000 is the canary in the coal mine...it was a a huge red flag that Cox had run out of options to keep the pps propped up until someone sold him on the GTCH temporary fix to get him through another couple months...now what? Options have dried up...dilution continues....fat paychecks need dilution to pay the bills....the canary is chirping louder every day....
Below is a chart of SURG partner GTCH and the result of the fake revenues...the SURG chart will look the same...be warned..
News 
Market Data 
Discover 
AI
