A past winner is back on our radar
Published: Tue, 09/10/19
 Subscribers, We've got a past winner back on our screen today, one that you need to pay attention to. Surge Holdings, Inc. (OTCQB: SURG) has sold off significantly and is trading near a 52 week low. We think there could be a major bounce in the cards in the coming days. Surge Holdings Dramatically Expanding Nationwide Retail Sales Network to Over 40,000 Locations. SURG is Ready to Become an Accelerated Revenue Machine
Surge contracted with AATAC, a national trade association representing over 110,000 independent retailers, to install the SurgePays™ Platform into 40,000 stores Nationwide. First Installations to 750 Stores in Tampa, Florida Underway Resulting in $2.8 Million in Purchase Orders related to the SurgePays™ Network. Surge Markets to the 68 Million Underbanked and Unbanked Market Consumers through their Independent Retail Store Network. Surge offers Lead Consumer Products that Facilitate Adding Retail Locations as well as Seeking to Accelerate Revenue Growth that include High Margin Cellular Service Plans and the SurgePays™ Visa® Prepaid Card. Surge Holdings, Inc. (OTCQB: SURG) is a retail supply chain company leveraging blockchain technology to provide a virtual distribution hub for retailers, as well as offer telecom services for low-income customers and financial payment services for the unbanked and under-banked. SURG products are delivered through a nationwide network of convenience stores and corner markets connected to the SurgePays™ retail blockchain network now including the approved SurgePays™ VISA® Prepaid Card (https://surgepayscard.com/). This retail platform is designed to transform the traditional supply chain by providing local retailers seamless access to global products, and empowers the corner store to select, order and fulfill delivery of wholesale goods from around the country. This platform also provides manufacturers a cost-effective platform to access local retailers. SURG SurgePays™ Retail Blockchain Network is a first-in-kind fintech network connecting independent retailers, manufacturers and consumers. The company’s approach improves and enhances operations and profits for retailers, provides previously inaccessible broad-scale distribution for manufacturers. With each new store deployment or new product/service introduction, the company is creating additional value for its targeted segments and SURG shareholders. On August 15th SURG announced progress on its Phase 1 Rollout of SurgePays™ Network and expansion of facilities for accelerated growth. The Rollout is taking place with AATAC, one of the largest private trade associations, representing over 110,000 retail locations (https://aatac.co/). The first 750 stores being installed in Tampa, FL will provide real data to refine the installation process and create efficiencies to ramp up to over 3,000 stores a month. SURG has invested in both the expansion of its Memphis, TN fulfillment facility and the Centercom operations center in Central America to accommodate large growth. Phase one with AATAC has already resulted in approximately $2.8 million in purchase orders. SURG looks forward to quickly scaling into phase 2 to include additional target markets. Additionally, AATAC representatives are providing their network of retailers with point-of-sale displays to prominently showcase the SurgePhone and SIM Card products in store, while training merchants on the SurgePays™ Network. The SurgePays™ Network offers the merchant a wholesale marketplace to order products from regional manufacturers. SURG can be the primary go to supplier for a wide array of products ranging from telecom, CBD and snack foods to t-shirts making it easier for manufacturers to distribute their products nationwide in a more efficient manner. The platform will also allow SURG to market a wide variety of its own value-added products including SurgePhone Wireless, and, upon launch, the SurgePays™ Prepaid Visa® card. The initial product placement orders 250,000 SurgePhones and 500,000 SIM Starter Kits to deploy into 40,000 stores! During the 2nd quarter, SURG announced the signing of two new distribution agreements. In early June, they reported signing an agreement with Weekend Warrior Wellness, a brand of Contigo Products, LLC, to distribute its ‘5-Hour Hemp Energy Shots,’ ‘Energy Mints with CBD’ and ‘Mint Strips with CBD’ through the SurgePays™ Network. In addition to Weekend Warrior Wellness, the company announced an agreement with Brimhall Foods Company, Inc., a leading regional manufacturer and distributor of quality snack food items throughout the Southeast under the BRIM’S brand, to distribute its BRIM’S snack foods nationwide through the SurgePays™ Network. CEO Brian Cox projected that Surge Holdings is on track to be in 100,000 stores by 2021. He also discussed current plans to uplist SURG from the OTC to the NASDAQ Capital Market with the application already having been completed in first quarter of 2019. This move will increase corporate visibility, improve liquidity, and broaden SURG awareness in the financial markets to enhance overall shareholder value. For a comprehensive view on SURG visit: http://bestotcstock.com/ All the best. SmallCapMomo.com picks@smallcapmomo.com --------------------------------------------------------------------------------------------------------
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