Latest Updates

Latest Updates

03/06/2019

SURGE HOLDINGS INC. FILES APPLICATION FOR UPLISTING TO THE NASDAQ CAPITAL MARKET

Memphis, TN — (March 6, 2019) – Surge Holdings Inc. (“Surge”) (OTCQB: SURG), a Memphis-based Technology and Blockchain FinTech Software Company is pleased to announce today it has filed an application for uplisting on the NASDAQ Capital Market.

“We believe uplisting from the OTC Market to the Nasdaq Capital Market will increase corporate visibility, improve liquidity, and broaden awareness in the financial markets,” stated Brian Cox, Surge’s CEO and Chairman of the Board. “An uplist will open the investment opportunity to a larger pool of investors and help create greater shareholder value. We have made significant progress in strengthening our financial performance, governance and liquidity, positioning the Company for future growth and profitability. A listing on the Nasdaq Capital Market is a natural progression for the Company and our shareholders.”

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.

About Surge Holdings Inc:

Surge Holdings Inc. is a publicly traded company headquartered in Memphis, TN. Surge wholly owns and actively operates subsidiaries that utilize emerging technology to improve the quality of life for the unbanked, under-banked, and the overlooked. Surge products are delivered to a nationwide network of convenience stores and corner markets connected to the SurgePays Wholesale Marketplace Portal software platform. Current focus and holdings include Blockchain FinTech Software as a Service (SaaS) subsidiaries, Reloadable Debit Cards for the unbanked and Telecommunications subsidiaries. Surge Holdings, Inc is traded under the stock ticker symbol: SURG.

For more information on Surge Holdings and its subsidiaries, please visit: https://surgeholdings.com

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

02/28/2019

SURGE HOLDINGS PARTNERS WITH AATAC TO PLACE SURGEPAYS BLOCKCHAIN PORTAL INTO 40,000 RETAIL LOCATIONS.

SURGE HOLDINGS AND AATAC have completed an agreement to rollout SurgePays 2.0 Blockchain Portal, SurgePhone Wireless and the Surge Volt Android in up to 40,000 retail locations with target completion by Year End of 2019.  

MEMPHIS, TN (February 28, 2019) Surge Holdings, Inc. (OTCQB: SURG), the Memphis-based Technology, Telecom and Blockchain FinTech Software Company is pleased to announce the completion of a definitive agreement with AATAC to place SurgePays in up to 40,000 convenience and general retail outlets by year-end 2019.

AATAC is one of the nation’s largest private trade associations spanning over 80,000 stores across the United States. The group forms relationships with corporate suppliers for the benefit of their retailer network, supports the various suppliers, hosts tradeshows and private meetings.

The rollout will launch in Florida, Virginia and Texas then expand to other territories in strategic phases. The target goal is 3,000 to 5,000 locations a month with an estimated completion of the national rollout of up to 40,000 locations by year-end 2019.  The next phase would be introducing SurgePays to the remaining retail locations in the AATAC network.

Michael Hennessey, Associate Director of AATAC stated; “Our mission is to represent the industry and assist members in increasing their effectiveness and profitability to help them prosper.  We seek to offer the most effective solutions and only recommend the best products and services to our members.  Surge is an ideal partner for us, not only providing top quality, value and level of service for their telecom and FinTech products, but also a new technology marketplace that can help enhance our communication and efficiency with our retail network and the new programs we rollout.”

AATAC reps will soon be activating sites where they’ll deliver Surge Volt Androids and help train merchants on the SurgePays Blockchain Portal while also installing point of sale and awareness advertising materials. The merchant will use the portal, with image driven navigation similar to a website interface, to activate SurgePhone Wireless customers, add wireless minutes to SurgePhone customers or customers of any pay as you go wireless carrier and also load debit cards, etc. What makes SurgePays unique is that the portal also offers the merchant a wholesale marketplace interface to order consumable goods from regional manufacturers that are now able to distribute their products nationwide.

Brian Cox, CEO of SURG, said “We could not be more pleased with the AATAC partnership. This relationship enables Surge to add corner stores to our SurgePays Blockchain SaaS Platform network at a pace and scale we could not accomplish alone. My initial target in this AATAC venture is to achieve $1500 to $2500 top line sales revenue per month from each store while continuing to add consumable products to the merchants’ wholesale marketplace portal as we further develop into a profit partner with these stores.”

About AATAC (Asian American Trade Associations Council)

The AATAC is a national retailers association comprised of smaller buying groups, regional sub-chapters, and other trade organizations all working together under one group.  The aggregate reach of the council is over 80,000+ retail locations in the gas station, convenience store, and general retail industry. AATAC’s primary and affiliate members operate independent stores as well as many franchises of the most popular branded retailers such as 7-11, Circle K, Sunoco, Chevron, 76, BP, Arco, Shell, Marathon, and many others. The association’s board is tasked with the duty of seeking out and forming relationships with select corporate suppliers and industry leaders for the betterment of the entire network. AATAC keeps its network informed about and actively involved with the industry through a myriad of engaging platforms including; hosting their own private educational mixers and trade shows, distributing newsletters and e-blasts, and other informational communications to its thousands of direct and affiliate members that are predominately independent retail owners who would traditionally not have knowledge of or access to the newest and most innovative products and services to help keep them competitive in the industry. The convenience and gas industry reach more Americans on a daily basis than grocery, drugstore, dollar store, and big box stores all combined. For more information, you can visit www.aatac.co.

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

02/25/2019

SURGE CEO BRIAN COX ON MONEYTV

MoneyTV featured an interview with Brian Cox. Check it out for updates on what’s happening with Surge right now.



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