On March 5, 2019, Surge Holdings Inc. filed an application for uplisting to the NASDAQ Capital Market. The Company’s common stock will continue to trade on the OTCQB under its current symbol, SURG, during the NASDAQ review process and while the Company prepares to meet all the requirements for uplisting to NASDAQ.
My strategy for business building over the last 18 years has been based on recurring revenue from providing life-enhancing technology products.
In 2017, I made the decision to merge my telecom and software companies, products, and proven team into Surge Holdings Inc. with the specific purpose of leveraging the years of experience delivering profitable products and services while flourishing in the controlled chaos of a hyper-growth environment.
Surge is unique…there is no other company that has built a blockchain software platform allowing the merchant store owner to process wireless top-ups for all prepaid wireless companies, load cash onto debit cards and have access to an image driven, categorized wholesale marketplace product portal that provides lower cost consumable products from regional manufacturers across the USA. We can deliver our core Surge products (SurgePhone Wireless Free Service and SurgePays Reloadable Debit Card) and procure an unlimited number of “products that sell” to convenience stores and corner markets around the country.
40% of Americans live without credit or access to what many take for granted. A majority of their consumable products are not purchased in bulk at large chain stores, but in fact, purchased as needed at their local corner market. This is a key part of the long term value that Surge will possess….not just high volume revenue, but the “in the checking account / trusted partner” ability to deliver products to a very difficult to attain network of corner markets around the country.
As new products come along, we simply introduce them to the store, enabling the quick transaction, while sending the fulfillment order to the respective shipping facility. The Alibaba concept of matching regional manufacturers with points of distribution meets the principle of ease and trust of Amazon. The SurgePays Software platform enables regional manufacturers to gain nationwide exposure for their products while at the same time empowering the corner store the ability to choose wholesale goods from around the country and an additional discount considering there is no middleman distributing sales team. Win – Win – Win.
My personal goal is to have 100,000 convenience store locations in our SurgePays network with each store processing an average of $1,500 – $2,500 a month by 2021.