Surge Holdings eyes big growth from new home in Bartlett area

With aggressive growth plans, Surge Holdings Inc. has moved its company headquarters from Las Vegas to the Brother Boulevard corridor in Bartlett.

The company’s proprietary software platform connects independent retailers, manufacturers and consumers – and the company hopes to expand its reach with the move here.

Read the full article here:

What The Market Is Missing About Surge Holdings

Surge Holdings (SURG) is up 35% since I wrote about it two months ago. Is there more room to run? The short answer is yes, both short-term and long-term. I want to cover some exciting new developments that will increase shareholder value. As I examine Surge more closely, I still feel that the market largely missing the huge play here. What is the market missing?

Surge Holdings is currently establishing themselves as a national supply and distribution channel for corner markets. They are rolling out across the country as we speak and should be in 40,000 locations by the end of 2019. And that’s just the start. Once established, they will exercise vast influence and control over this national network of corner stores. That’s the big play.

What might investors be focusing on instead? Perhaps people are eagerly anticipating how the market will receive the various Surge-branded products and services. So am I. Will people embrace a free monthly cellular plan that is subsidized through ads? Will the unbanked get the point of the pre-paid debit card and use it like a checking account? It is exciting to contemplate because if the market even modestly embraces these products, the market cap of Surge could be at $3 billion dollars over the next few years. The potential is staggering.

See the full article here:

Full interview: Surge Holdings on track to be in 100,000 stores by 2021

Surge Holdings Inc (OTCQB: SURG) CEO Brian Cox tells Proactive the Tennessee-based company has launched its SurgePays Network Installations together with trade organization AATAC.

Cox says the fintech software company that specializes in providing financial services and telecommunications is in the execution phase of deploying its SurgePay software interface at convenience stores across the US, and is on track to be in 100,000 stores by 2021.

Watch the full video here:

How Series A, B, and C Funding Works

Curious how different types of funding work? This informative article by Investopedia will help:

A startup with a brilliant business idea is aiming to get its operations up and running. From humble beginnings, the company proves the worthiness of its model and products, steadily growing thanks to the generosity of friends, family, and the founders' own financial resources. Over time, its customer base begins to grow, and the business begins to expand its operations and its aims. Before long, the company has risen through the ranks of its competitors to become highly valued, opening the possibilities for future expansion to include new offices, employees, and even an IPO.

If the early stages of the hypothetical business detailed above seem too good to be true, it's because they generally are. While there are a very small number of fortunate companies that grow according to the model described above (and with little or no "outside" help), the large majority of successful startups have engaged in many efforts to raise capital through rounds of external funding. These funding rounds provide outside investors the opportunity to invest cash in a growing company in exchange for equity, or partial ownership of that company. When you hear discussion of Series A, Series B, and Series C funding rounds, these terms are referring to this process of growing a business through outside investment.

Read more:Series A, B, C funding: How it works | Investopedia
Follow us:Investopedia on Facebook