$SURG 300% Topline Growth and Massive Network Expa
Post# of 8446
Surge recently acquired a major prepaid network adding 9,800 stores to its marketplace.
As states reopen, Surge ISO’s (Independent Sales Teams) hit the streets hungry to earn new commission fees.
Surge added a new preloaded grab-n-go phone, branded Loco Rabbit. Grab-n-go phones are a proven mover and Surge maintains a competitive advantage utilizing its own distribution network and payment rails.
This translates into a better priced product for consumers and higher selling commissions to retail partners in the Surge Network – a great formula for rapid recurring revenue growth.
These factors combine to suggest SURG may be poised for a revenue growth acceleration in the second half of 2020.
The pandemic has brought about constant discussion of supply chains and the need to rethink how business is done, as everything from grocery stores to c-stores suffers from problems in maintaining supplies of key products. The disruptions have run deep. They have also driven a lot of discussion about the need to focus more on the outcome disparity between the haves and have-nots in the western world, especially in the US. https://www.journaltranscript.com/2020/07/sur...expansion/