Blockchain
Brian Cox, CEO and Chairman of Surge Holdings is Featured in an Exclusive New Series of Interviews at SmallCapVoice.com
AUSTIN, Texas, Dec. 10, 2019 (GLOBE NEWSWIRE) — SmallCapVoice.com (SCV) and Surge Holdings, Inc. (“Surge”)(the Company) (OTC.QB:SURG), developer of the SurgePays™ Network for convenience stores, bodegas and community markets that provide products to the underbanked, today announced that Company Chairman and CEO, Brian Cox, is featured in a new audio interview series at SmallCapVoice.com.
The interviews can be heard at: https://www.smallcapvoice.com/surge-holdings-surg-surgepays-marketplace-network/.
Brian Cox called in to SmallCapVoice.com to provide the SURG shareholders and the SCV listening audience with an overview of the business model and markets the Company operates in. In the interview, Cox outlines the immense opportunity his company has to serve 35% of the US population who comprise the underbanked market. These are consumers that face a credit challenge or lack access to traditional banking. These nearly 100 million consumers lack the ability to shop at an Amazon for example due to their credit issues. SURG reaches their consumers directly at the financial heartbeats of their communities: the corner stores, markets, tiendas, etc. These consumers represent the “last digital frontier” and Cox and his team have been tapping into this market for the last 20 years.
In addition, Cox was able to provide the listeners with his personal insights into the recent completion of the asset purchase of the ECS Prepaid business, Electronic Check Services business and the Central States Legal Services business (collectively, “ECS”). Cox stated, “Obviously the annual revenue of nearly $50 million for ECS is what jumps off the page, but the real value (with ECS) is the 9,800 convenience stores and the 160 salespeople that service those stores that we have now added. We can now go to these nearly 10,000 locations and offer them not only the ability to take payments and do activations for our own wireless company, Surge Phone Wireless, we can also offer them multiple categorized hot selling products like CBD products, bagged snacks, and t-shirts. All we have to do is increase sales per store by $1,000.00 a month, that scales the revenue of $50 million, that ECS is already doing up to $150 million. Now to put that in perspective, our goal is here is to be is 150,000 stores as quickly as we can. This a great time to go on the record with the knowledgeable listeners at SmallCapVoice.com. We have an extremely compelling story to tell right now given the tremendous progress we have already made and the important steps that lie in front of us as we break into this enormous market opportunity.”
About Surge Holdings, Inc:
Surge Holdings, Inc. leverages its wholly owned subsidiaries, value driven Prepaid Wireless and Fintech products, to build relationships with convenience stores, bodegas, tiendas and community markets that serve the 35% of the people living in the United States classified as underbanked. Once the retail store is onboarded to the SurgePays™ Marketplace Network and the trusted profit partnership is established, Surge facilitates the sale of other consumable products through the SurgePays™ Marketplace by connecting manufacturers directly to these retail stores. The SurgePays™ Marketplace is built on Blockchain Technology and has created a new sales channel that disrupts the traditional c-store distribution and products sales model by providing local retailers direct access to regional manufacturers from around the country. For more information on Surge Holdings and its subsidiaries, please visit: https://surgeholdings.com.
About SmallCapVoice.com, Inc.
SmallCapVoice.com, Inc. is a recognized corporate investor relations firm, with clients nationwide, known for its ability to help emerging growth companies, small cap and micro-cap stocks build a following among retail and institutional investors. SmallCapVoice.com utilizes its stock newsletter to feature its daily stock picks, podcasts, as well as its clients’ financial news releases. SmallCapVoice.com also offers individual investors all the tools they need to make informed decisions about the stocks in which they are interested. Tools like stock charts, stock alerts, and Company Information Sheets can assist with investing in stocks that are traded on the OTC BB and Pink Sheets. To learn more about SmallCapVoice.com and its services, please visit http://smallcapvoice.com/the-small-cap-daily-small-cap-newsletter/.
Socialize with SmallCapVoice and their clients at;
Facebook: https://www.facebook.com/SmallCapVoice/
Twitter: https://twitter.com/smallcapvoice
Instagram: https://www.instagram.com/smallcapvoice/
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.
Investor Contact:
Crescendo Communications, LLC
Tel: 212-671-1020
Email: [email protected]
For SmallCapVoice.com:
[email protected]
512-267-2430
SOURCE: SmallCapVoice.com
Blockchain
Ebang International Reports Financial Results for Fiscal Year 2023
Blockchain
FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers
A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.
The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.
Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.
The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.
As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.
Source: cointelegraph.com
The post FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers appeared first on HIPTHER Alerts.
Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.
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