||SURG Blockchain, has completed development of the ERC-20 Surge Utility Token and has made available free tokens to all who sign up at www.surgetoken.com before the December 15 launch of SURG Crypto Token.
OTCQB: $SURG Holding Company is a revenue machine that has over 68 Million in assets, 1.6 Million cash in the bank and 1.4 Million in monthly recurring revenue. Crypto Token coming soon.
SURG Blockchain, has completed development of the ERC-20 Surge Utility Token and has made available free tokens to all who sign up at www.surgetoken.com before the December 15 launch of SURG Crypto Token
Surge receives an MOU commitment of 40,000 new store locations utilizing the SurgePays Blockchain SaaS portal with a commitment of $1,500 per month in sales per location which can be paid with the Crypto Token
Surge Holdings, Inc. ($SURG), a publicly-traded company offering wireless, telecom, payment services, Crypto Token and an industry-changing virtual wholesale distribution portal for retailers, is capitalizing by focusing on the 77 million Americans with no contract cell phones, and the 51% of the population that has below grade, or invisible credit.
Surge Holdings and itís Crypto Token utilizes emerging technology to improve the quality of life for these millions of people who are unbanked, under-banked or often overlooked. This budget-conscious demographic typically does not want to be locked into contracts and regularly will cash their checks and pay bills at the over 300,000+ corner stores, markets, and bodegas near their homes multiple times each week. This broad and underserved market is where the Surge Holdings plan provides a competitive advantage to grab fantastic market share.
SURG utilizes their proprietary SurgePays Blockchain Portal and Crypto Token to create a distribution railway into these stores.
SURG then bundles other wireless services, wireless phone sales, municipal government payments, pre-paid debit cards branded with the big three: MasterCard/Visa/Discover and the SURG Crypto Token
A recent independent research report for Surge Holdings, Inc. stated, "the key metric for investors: an estimated $1.5M in monthly revenue per 1,000 stores, which should be continually replicated with greater sales penetration over time. The most recent shareholder update stated a target of 15,000 retail locations by year-end 2019. This estimate equates to $22.5 million per month in topline revenue. Current revenues are approximately $1.4 million a month, so this is 16x, or a 1,600% increase. The addition of the Crypto Token will also add another dimension.
When was the last time you saw an OTCQB SURG with earnings, a Crypto Token and such a power team? SURG is it!
All information is obtained from SURG issued press releases from Yahoo.com finance