$SURG SURGE HOLDINGS, INC. COMPLETES ACQUISITION OF STAKE

New Post Public Reply Private Reply Replies (0) Message Board
jmtimz
152
$SURG 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 on-boarding 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 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. 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.


Invest@SurgeHoldings.com
901-229-7205

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Push Notification Security Transforms Healthcare IT Support

Updated Category News Views 1

Cutting the Fat on IT Help Desk Bottlenecks Healthcare IT teams are fighting an uphill battle with password resets, a mundane task consuming up to half of all help desk calls. It's like trying to stop a leaking dam with duct tape. For health systems, these calls aren't just a minor annoyance—they're a full-fledged budget hog. Try telling a CIO that an agent-friendly...

Continue Reading
Aflac's $200M Milestone in Cancer Charity Support

Updated Category News Views 0

Pioneering Efforts Across Decades Here’s an effort that bucks the usual corporate talk. Aflac, the supplemental insurance giant, isn’t just mumbling about its mission; it's doing the heavy lifting in the fight against childhood cancer and blood disorders. With over $200 million in contributions poured into the cause over more than 30 years, they're putting the capital...

Continue Reading
EFSI Shareholders on Alert Amid M&A Deal Scrutiny

Updated Category News Views 3

Eagle Financial Services Under the Microscope A buzz is picking up in the world of mergers and acquisitions, and this time, it's Eagle Financial Services, Inc. (NASDAQ: EFSI) caught in the crosshairs. What's the chatter all about? Well, it looks like Juan Monteverde and his crew over at Monteverde & Associates PC have set their sights on Eagle's proposed sale to John...

Continue Reading
Job Market Shifts: Adaptation vs. Fairness Dilemma

Updated Category News Views 2

The Chameleon Effect in Today's Job Market Walk into any open-space office these days, and you'll see faces plastered with composed, work-ready smiles—faces that might not look so familiar outside those walls. The modern workplace has draped its cloak over individual personalities, with the mighty pressure to 'fit in' often forcing a change in how folks present...

Continue Reading
Give Lively & Change Simplify CA Nonprofit Compliance

Updated Category News Views 0

A Fresh Wind Blowing for California Nonprofits So, here's a twist in the nonprofit world that's stirring the pot just right. Give Lively and Change have partnered up to tackle the thorny issue of regulatory compliance in California. It's a big win for the nonprofits looking to keep fundraising through Give Lively without getting tangled in the bureaucratic web spun up by...

Continue Reading
CUBEX Lights Up Veterinary Care with Mini Essential

Updated Category News Views 5

Inventory Woes? Meet Mini Essential If you’ve ever worked in or around veterinary hospitals, you know the old-school headaches of managing controlled substances. Picture this: piles of paper logs, end-of-shift recounting, and inevitable discrepancies that rear their ugly heads long after closing time. Enter CUBEX, shaking things up with their latest launch, Mini...

Continue Reading
Veho's Role in Redefining Beauty E-Commerce Delivery

Updated Category News Views 1

Veho Grabs Headlines with BeautyMatter Awards Nod Here's something a bit off the beaten path: Veho's been tapping into new wells of opportunity in the e-commerce sector, and their latest accolade demonstrates just that. Named a finalist in the 2026 BeautyMatter Awards under the Logistics category, they're making noise in all the right circles. Beyond Boxes: Transforming...

Continue Reading
Agroz's Big Leap: New Supply Deal in Malaysia

Updated Category News Views 2

Agroz Inc. Executes a Game-Changing Deal If anyone thought the ag tech players were sitting idle, think again. Agroz Inc., noted for their innovative controlled-environment agriculture, just inked a pivotal deal with Harvest Hive in Malaysia. It's not just a nod to expansion—it's a strategic leap into the big leagues. Picture this: Harvest Hive's sprawling 500-acre farm...

Continue Reading
Fresh Thyme Empowers Local Brands in Michigan Debut

Updated Category News Views 2

A Community-Driven Retail Innovation The grocery game just got a little more personal in Michigan, and we're not talking about run-of-the-mill retail pitches. Fresh Thyme Market, known for its commitment to local and natural products, is shaking things up with their Pitch Thyme Competition. This ain’t your usual product presentation. It’s a whole new ball game where...

Continue Reading
Law Firm Gains Strength with Strategic New Hires

Updated Category News Views 0

Catching the latest twist in the legal scene, veteran criminal defense attorney John T. Floyd is stiffening the backbone of his Houston-based firm. Snagging both Christopher Choate and Mia Floyd, he's set to fortify his team representing folks caught in the snarl of Texas and federal criminal courts. New Faces, Massive Expertise Let's dig into Choate's credentials first....

Continue Reading

Top 5 Most Recently Viewed Articles

Alphyn Biologics Launches Groundbreaking Atopic Dermatitis Trial

Updated Category News Views 324

Alphyn Biologics Unveils Innovative Clinical Trial for Atopic Dermatitis Treatment Alphyn Biologics, Inc. is making strides in its mission to address the complexities of atopic dermatitis (AD) by launching the CLEAR-AD1 Phase 2b clinical trial program. Leading this initiative is their cutting-edge product, Zabalafin Hydrogel, which is designed to effectively target the...

Continue Reading
CoreWeave Faces Market Struggles Amid AI Demand Surge

Updated Category News Views 120

CoreWeave Inc Experiences Major Stock Drop CoreWeave Inc (NASDAQ: CRWV) has seen its stock plummet by nearly 10% in pre-market trading, marking a significant moment for the company. The drop comes despite the firm reporting strong second-quarter revenue that outstrips projections. However, the downside appears to be linked to disappointing earnings per share (EPS), which...

Continue Reading
DeepSeek's Impact on AI: Rethinking Market Dynamics

Updated Category News Views 326

Understanding DeepSeek's Revolutionary AI Tools In today's rapidly evolving technological landscape, a recent development has the potential to change the rules of the game. While debates about software consuming the world continue, it's crucial to delve into the implications of DeepSeek's innovative approach. This situation may echo the historical context of the Soviet...

Continue Reading
Strategic Communications Secures Major National Contract

Updated Category News Views 123

Strategic Communications Awarded National Sourcewell Contract Strategic Communications has recently achieved a vital milestone by securing a national Sourcewell contract tailored specifically for Public Safety Software-as-a-Service (SaaS), Infrastructure-as-a-Service (IaaS), Platform-as-a-Service (PaaS), and various other professional technology services. This cooperative...

Continue Reading
Porter's Innovative Care Solutions Transform Member Health

Updated Category News Views 312

Porter Simplifying Health Care Coordination Porter has emerged as a pioneering force in AI-driven care coordination and comprehensive clinical services at home. With a focus on Medicare Advantage, ACA Commercial, and Medicaid plans, Porter stands out as an essential in-home vendor. By integrating care coordination, in-home visits, and advanced analytics, this innovative...

Continue Reading