(OTCQB: $SURG) is a Small Cap revenue machine that has over 68 Million in assets… 1.6 Million cash in the bank…1 million in recurring revenue monthly & growing astronomically. Surge’s Revenue Opportunity is off the charts!
Surge Holdings $SURG a publicly traded company that utilizes emerging technology to improve the quality of life for the Millions of people that are unbanked, under-banked, and overlooked. They are budget conscious and don’t want to be locked into contracts, they cash checks and pay bills at the over 300,000+ Corner stores, markets and bodegas near their homes multiple times every week, exactly where Surge can grab most of this amazing market share.
By utilizing their proprietary Surge Blockchain Portal to create a distribution railway into these stores. SURG will make money so many ways. Wireless services, wireless phone sales, payment services, top off payments to other carriers, municipal government payments, pre-paid debit cards branded with the big three, MasterCard/Visa/Discover, thus opening the door to distributing consumables such as energy drinks, CBD oils, snacks, etc.
SURG rings the cash register so many different ways!
Here’s a great example: The recent Oklahoma Grocer’s Association endorsement was for 2,000 C stores just in 1 state! There are over 154,000 convenience stores in the United States. This does not include grocery stores, liquor stores or other potential distribution locations. We are talking less then 10% market penetration for a management team who has grown this same type of service to over $17 million a month in a private company without having the prepaid wireless! This is a broader product and should be able to get broader adoption!
Once fully deployed this deal could be worth upwards of 90 Million annually. Use this model for every 2000 stores this team lands. The numbers are astounding.
The last research report update for SURG stated: "The key metric for investors: An estimated $1.5M in monthly revenue per 1000 stores, which should be continually replicated with greater sales penetration over time.
This equates to more then tens times current revenue or $180 million by just opening 10,000 stores! SURG just announced delivery of the first 20,000 phones a $10 per month minimum service plan. This alone will generate another $2.0 million a month in revenue minimum.
Our CEO Brian Cox has led multi-location organizations with 1,400 people while achieving over $100 million in revenue in private companies. Now in the public sector he is growing the company organically through acquisition and growth. Transitioning to wireless and FinTech (financial technology), His model for business building over the last 18 years has been based on the rock of reoccurring revenue from life enhancing technology products and Lifting people up. He is also doing that now as well by building an OTCQB up to the big board so that shareholders who believe in the company now can take the profit ride up with the company!
When was the last time you seen a company where revenue led price by this much? SURG is it
www.surgeholdings.com
www.surgepays.com
www.surgephone.com