SurgePays just sold its only-profitable-subsidiary, True Wireless. Laughable, of course!
Cox and SurgePays crew must be in trouble from all the multiple legal claims against True Wireless.
S-1 says Cox wants to dilute SurgePays with another 250,000,000 $SURG shares. That's 160%+ more than the existing number of $SURG shares.
Then Cox and the SurgePays Inc. Board want to do a 1:50 Reverse Spilt.
Cox lied when he claimed Reverse Split is to get $SURG listed on NASDAQ. We know he lied because we know Cox and SurgePays Inc. never actually applied for a new listing with NASDAQ.
This company is laughable!
A total scam!