Latest Updates

Latest Updates

02/21/2019

SURGE HOLDINGS NAMES ANTHONY P. NUZZO PRESIDENT AND CHIEF OPERATING OFFICER.

The Board of Directors has Unanimously Appointed Anthony P. Nuzzo, Jr. President and COO to oversee multi-national operations as part of the Company’s plans for expansion and 2019 product rollout.

Memphis, TN, (Feb. 21, 2019) — Surge Holdings, Inc. (OTCQB: SURG), the Memphis-based Technology, Telecom and Blockchain FinTech Software Company is pleased to announce that the Company’s Board of Directors has unanimously appointed Anthony P. Nuzzo, Jr. as President and Chief Operating Officer to oversee the Surge Holdings multi-national operations. Mr. Nuzzo is a proven leader with a track record of delivering results. The Board is confident in Mr. Nuzzo’s ability to execute on the Company’s strategic plans, preside over an expanding workforce and scale the organization appropriately.

Anthony P. Nuzzo, President and Chief Operating Officer stated; “I have been involved in organizing and scaling several companies in my career and have an extremely successful track record including the status achieved on Inc. Magazine 500 Fastest Growing Institutions, but I have never seen an opportunity for growth this exciting and this significant. I am honored to accept the position of President of Surge Holdings, Inc. and look forward to ensuring a best in class organization that puts our customers and our shareholders first improving shareholder value. Surge is poised for massive growth in 2019 and I am confident in my ability to provide the organizational structure and financial planning for Surge to execute on our vision. I am also so proud of our mission to enhance people’s lives through delivering technology and a better standard of service. Surge provides industry-changing technology that already makes a difference for so many. “

Mr. Nuzzo is an experienced operations officer and entrepreneur who has owned and operated accounting services and accounts receivable companies since 1991. Mr. Nuzzo brings decades of operational and business experience and excels as a financial manager expert in all facets of accounting, controls and scaling operations. Mr. Nuzzo has been honored by Inc. 500 Fastest Growing Private Companies on numerous occasions.

Brian Cox, CEO of SURG, said “We at Surge are fortunate to have the abilities of Anthony Nuzzo leading our team. His skills in operational planning, financial management and implementing best practices will provide the structure and controls for strong and sustainable growth. The trust I have in him and his ability allows me to focus on up-listing to NASDAQ, product development, vendor relationships, evaluating acquisitions and strategic partnerships, and doing the things necessary to enhance shareholder value by getting the Surge story out to the masses. Ultimately, this is a key component in achieving our 2019 goals. “

About Surge Holdings:
Surge Holdings a publicly traded company that wholly owns and actively operated subsidiaries that utilize emerging technology to improve the quality of life for the unbanked, under-banked, and the overlooked. Current holdings include Telecommunications, Blockchain Fintech Software as a Service (SaaS), Global BPO and Social Media Digital Marketing. Surge Holdings, Inc is traded under the stock ticker symbol: SURG.

To get the SURGE shareholder guide and the latest news: https://surgeholdings.com

SurgePhone Wireless service can be ordered online: https://surgephone.com

Follow Surge Holdings on Twitter: https://twitter.com/surgeholdings

Follow CEO Brian Cox on Twitter for thoughts, insight, and progress of not only the short-term goals prioritized in this update, but relevant and material news for Surge: https://twitter.com/kbriancox

FORWARD LOOKING STATEMENTS
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described by the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company’s reports filed with the U.S. Securities and Exchange Commission. The forward-looking information provided herein represents the Company’s estimates as of the date of the press release, and subsequent events and developments may cause the Company’s estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company’s estimates of its future financial performance as of any date subsequent to the date of this press release.

[email protected]
901-229-7205

02/07/2019

New Seeking Alpha Analyst Report on SURGE

Please check out the independent analyst report released by Seeking Alpha.

Surge Holdings: The Unknown Story Of High Potential Growth

01/17/2019

SURGE HOLDINGS, INC. COMPLETES ACQUISITION OF STAKE IN CENTERCOM GLOBAL BPO

Centercom Provides Surge a Competitive Advantage and Core Infrastructure to Significantly Scale Revenue in 2019 Growth Strategy.

Las Vegas, Jan. 17, 2019 (GLOBE NEWSWIRE) — Surge Holdings, Inc. (OTCQB: SURG), the Las Vegas-based Technology, Telecom and Blockchain FinTech Software company announces today the completion of an agreement to acquire a 40% equity ownership of Centercom Global, S.A. de C.V (“Centercom”). Centercom is a dynamic operations center currently providing Surge sales support,
customer service, IT infrastructure design, graphic media, database programming, software development, revenue assurance, lead generation, and other various operational support services for SURG.

Brian Cox, CEO of SURG, said “I am pleased to report the smooth closing of our agreement with Centercom. We now have the accessible bilingual human capital to support our strategic plan to grow the right way. As an example, the Centercom CTO is already at our administrative HQ in Memphis, working directly with our Surge CTO, planning for our next generation data center in advance of new product rollouts such as the SurgePays Reloadable Visa Card for the underbanked.”

The primary Centercom initiatives to support SURG 2019 growth plans are:

  • Assisting in onboarding SurgePays Portal into over 40,000 retail locations and subsequent ongoing white glove support
  • Aggressively marketing new “Free Wireless Service” program to substantially grow customer base while beefing up customer service
  • Launch SurgePays Reloadable Visa Card by end of 1st Quarter
  • Support our IT infrastructure including database management
  • Upsell related FinTech products to our existing customer base to increase revenue

Cox further added, “I cannot emphasize enough to our shareholders that the foundation work for my build out checklist has been successfully completed as promised. The key indicators for Surge success and my new checklist and focus for 2019 is to increase our customer base across all product verticals, grow our retail distribution network and incorporate more products to accelerate the growth of top-line revenue. Centercom resources support these initiatives and allow me to think and go big, including exploring strategic acquisitions, without worrying about methodically scaling growth.”

About Surge Holdings:

Surge Holdings a publicly traded company that wholly owns and actively operated subsidiaries that utilize emerging technology to improve the quality of life for the unbanked, under-banked, and the overlooked. The majority of the consolidated earnings currently originate from Telecom and Fintech Software. Current holdings include Telecommunications, Blockchain Fintech Software as a Service (SaaS) and Social Media Digital Marketing. Surge Holdings, Inc is traded under the stock ticker symbol: SURG.

To get the SURGE shareholder guide and the latest news: https://surgeholdings.com

Follow Surge Holdings on Twitter: https://twitter.com/surgeholdings

Follow CEO Brian Cox on Twitter for thoughts, insight, and material news updates for Surge: https://twitter.com/kbriancox

FORWARD-LOOKING STATEMENTS:
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described by the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company’s reports filed with the U.S. Securities and Exchange Commission. The forward-looking information provided herein represents the Company’s estimates as of the date of the press release, and subsequent events and developments may cause the Company’s estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company’s estimates of its future financial performance as of any date subsequent to the date of this press release.

[email protected]
901-229-7205

01/09/2019

SURGE LAUNCHES FREE UNLIMITED WIRELESS PLAN NATIONWIDE

SURG to Offer the First Free Wireless Service that is Not Subsidized by the Government


LAS VEGAS, NV (January 9, 2019)
Surge Holdings, Inc.  (OTCQB: SURG), the Las Vegas-based Technology, Telecom and Blockchain FinTech software company announces the first free wireless service not subsidized by the government.

The SurgePhone Wireless  free unlimited plan is available online and will be the flagship product rolled out to a network of approx. 40,000 retail stores throughout the United States. Customers can purchase a SurgePhone Google Certified Android Smartphone for under $100 or simply get a Free SIM starter kit and use with their own unlocked GSM device. Surge anticipates ad revenue of $10 generated from each user service plan, where the more the phone is used the greater the revenue generated. The SurgePhone also becomes the hub for customers to receive the full suite of Surge FinTech products and services.

Brian Cox, CEO of SURG, said “We have now removed any barrier to bringing customers into the SURG ecosystem of products, including the upcoming SurgePays reloadable Visa card and rewards program. This free, yet profitable product will also allow us to bring on more stores offering our products which should accelerate the company towards my goal of 100,000 points of distribution across the country. This product will also accelerate our customer acquisition where we can preload and market related Surge products and services for significant additional revenue streams. This unprecedented service truly hits our mission of delivering our customers life enhancing products and services.”

There are no credit checks, contracts or otherwise intrusive obstacles to become a SurgePhone customer. SurgePhone will disrupt the traditional wireless industry by monetizing home screen ad network impressions through strategic technology partnerships. SurgePhone is now a free wireless solution for the unbanked, people with credit challenges, teens, seniors or anyone in between simply looking to cut costs.

Cox further added, “Our Free plan was constructed utilizing data from years of wireless usage reports to determine what the average person is actually using a month. The main thing we want to accomplish is to be able to offer free unlimited texting with a sufficient amount of talk and data included so that we have the customer in our network. This growing network provides a launch and distribution platform for both vendor partners and all of our other Surge products available today and in the future.”

4 Billion people are connected through mobile phones daily while 85% of the time spent on smartphones is in apps. Approximately $192 Billions is spent on mobile advertising each year.

About Surge Holdings:

Surge Holdings a publicly traded company that wholly owns and actively operated subsidiaries that utilize emerging technology to improve the quality of life for the unbanked, under-banked, and the overlooked. The majority of the consolidated earnings currently originate from Telecom and Fintech Software. Current holdings include Telecommunications, Blockchain Fintech Software as a Service (SaaS) and Social Media Digital Marketing. Surge Holdings, Inc is traded under the stock ticker symbol: SURG.

To get the SURGE shareholder guide and the latest news: https://surgeholdings.com

SurgePhone Wireless service can be ordered online: https://surgephone.com

Follow Surge Holdings on Twitter: https://twitter.com/surgeholdings

Follow CEO Brian Cox on Twitter for thoughts, insight, and progress of not only the short-term goals prioritized in this update, but relevant and material news for Surge: https://twitter.com/kbriancox

FORWARD LOOKING STATEMENTS
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described by the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company’s reports filed with the U.S. Securities and Exchange Commission. The forward-looking information provided herein represents the Company’s estimates as of the date of the press release, and subsequent events and developments may cause the Company’s estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company’s estimates of its future financial performance as of any date subsequent to the date of this press release.

[email protected]

901-229-7205

12/27/2018

SURGE TO ACQUIRE STAKE IN
CENTERCOM GLOBAL BPO

The Agreement Solidifies Infrastructure Build-out for 2019 Growth Strategy.

 

LAS VEGAS, NV (December 27, 2018)  Surge Holdings, Inc. (OTCQB: SURG), the Las Vegas-based Telecom and Blockchain FinTech Software company announces today the agreement to acquire a 40% equity ownership of Centercom Global, S.A. de C.V (“Centercom”).

In addition to providing services to other U.S. clients, Centercom currently provides sales support, customer service, graphic design, database programming, software development, revenue assurance, lead generation, and other various operational support services for SURG.

Brian Cox, CEO of SURG, said “Accomplishing this deal before the end of the year was key to our infrastructure plans as we implement our roll-up and growth ramp strategy in 2019. We were able to set cost controls for human capital while at the same time turning a large monthly expense into an investment in a booming BPO industry projected to reach $50 billion by 2020.”

According to Gartner Research Company, the Latin American BPO success has been due to bilingual capabilities, proximity to the US (near-shore), telecommunications infrastructure, labor cost, and tax incentives. These are contributing factors to growing the sector revenue to $50 billion by 2020.

Cox further added, “I am a whole lot more excited to lead the company now that our infrastructure, software, products, and agreements are in place.  This was the last bullet point on my 2018 buildout checklist. The cleanup and buildout phases have been completed. The checklist for 2019 is focused on revenue growth and business building while continuing to execute the plan to uplist to a major exchange.”

The agreement calls for a cashless share exchange of Centercom equity stock and SURG restricted class stock. Final details of the deal will be released upon closing in January.

About Surge Holdings:
Surge Holdings a publicly traded company that wholly owns subsidiaries that utilize emerging technology to improve the quality of life for the unbanked, under-banked, and the overlooked. The majority of the consolidated earnings currently originate from Telecom and Fintech. Current holdings include Telecommunications, Blockchain Fintech Software as a Service (SaaS) and Social Media Digital Marketing. Surge Holdings, Inc is traded under the stock ticker symbol: SURG.

To get the SURGE shareholder guide and the latest news: https://surgeholdings.com

Follow Surge Holdings on Twitter: https://twitter.com/surgeholdings

Follow CEO Brian Cox on Twitter for thoughts, insight and material news updates for Surge: https://twitter.com/kbriancox

About Centercom BPO:
Located in Colonia Escalón, El Salvador, Centercom Global BPO provides 24/7 bilingual customer service, sales conversions, provisioning IT solutions, software development, graphic design, and programming services to clients in the USA. While specializing in small to medium-sized businesses, Centercom BPO customizes solutions based on budget, needs, and goals.

FORWARD LOOKING STATEMENTS
This press release contains information that constitutes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any such forward-looking statements involve risk and uncertainties that could cause actual results to differ materially from any future results described by the forward-looking statements. Risk factors that could contribute to such differences include those matters more fully disclosed in the Company’s reports filed with the U.S. Securities and Exchange Commission. The forward-looking information provided herein represents the Company’s estimates as of the date of the press release, and subsequent events and developments may cause the Company’s estimates to change. The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company’s estimates of its future financial performance as of any date subsequent to the date of this press release.

[email protected]
901-229-7205

 

12/27/2018

SURGE CLOSES 2 LINES OF CREDIT

Surge has closed a $1,000,000 Line of Credit from Bank3, a local bank in Memphis TN.  A capital funding company, managed by Brian Cox, is matching the $1,000,000 line of credit AND terms offered by the bank.  

The majority of the $2,000,000 lines will be used for growth capital (equipment such as Androids and the Verifone vx520).

The benefits to SURGE shareholders: – zero dilution – zero convertibility / overhang – stamp of legitimacy from traditional bank and a proven CEO showing he is ALL IN!

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