Goldman Small Cap Research Issues New Research Update On Surge Holdings, Inc.

BALTIMORE, MD / ACCESSWIRE / October 31, 2019 / Goldman Small Cap Research, a stock market research firm specializing in the small cap and microcap sectors, announced today that it has released a new research report on Surge Holdings, Inc. (OTCQB:SURG). Surge Holdings serves the overlooked, unbanked, underbanked and credit-challenged, through key verticals and offerings including telecom service and financial payment services via its SurgePays™ SaaS portal. This update carries a rating and a price target. To view the new research update, along with disclosures and disclaimers, or to download all of our Surge Holdings reports and updates in their entirety, please visit http://www.goldmanresearch.com.

In the Opportunity Research company update, analyst Rob Goldman discusses the impact of the Company's latest blockbuster acquisition and Surge's innovative model.

Goldman noted, "The Company has three things in its favor and each one on its own would serve as a major catalyst. A recently announced acquisition is set to serve as a key growth driver. This transaction will add roughly $50M in annual revenue to SURG. Given the cross-sale opportunities, we believe that this segment's top-line could grow by 40-50% in its first full year."

"The essence of Surge's capabilities is its inherent, exponential growth model. In our view, the best way to describe the core of Surge's approach is what we term the Multiplier Model. Top-line growth rises exponentially as new locations are on-boarded, and when new products/services are executed in existing or new stores through the Surge platform. Thus, revenue growth forecasts remain high."

"One interesting and overlooked aspect is that Surge could become the first national in-store CBD sales channel. The sale of CBD products is one of the fastest growing and most popular consumer offerings and is limited only by the current lack of true, national, in-store availability. Through the Surge network of local retailers and C-stores, Surge has just begun to offer these products with strong results. The Multiplier Model targeting the introduction of the top CBD products could drive industry sales and add major revenue/profit growth to Surge. Thus, Surge could be viewed as a unique way to play the CBD segment," concluded Goldman.

About Goldman Small Cap Research: Founded in 2009 by former Piper Jaffray analyst and mutual fund manager Rob Goldman, Goldman Small Cap Research produces sponsored and non-sponsored small cap and microcap stock research reports, articles, stock market blogs, and popular investment newsletters.

Goldman Small Cap Research is not in any way affiliated with Goldman Sachs & Co.

This press release contains excerpts of our most recently published sponsored company research report on Surge Holdings, Inc. which carries a rating and a price target. The information used and statements of fact made have been obtained from sources considered reliable but we neither guarantee nor represent the completeness or accuracy. Goldman Small Cap Research relied solely upon information derived from Surge Holdings, Inc. ("the Company") authorized press releases or legal disclosures made in its filings with the U.S. Securities and Exchange Commissionhttp://www.sec.gov.

Separate from the factual content of our report about the Company, we may from time to time include our own opinions about the Company, its business, markets and opportunities. Any opinions we may offer about the Company are solely our own, and are made in reliance upon our rights under the First Amendment to the U.S. Constitution, and are provided solely for the general opinionated discussion of our readers. Our opinions should not be considered to be complete, precise, accurate, or current investment advice. Statements herein may contain forward-looking statements and are subject to significant risks and uncertainties affecting results.

A Goldman Small Cap Research report, update, newsletter, article, trading alert, corporate profile, podcast interview, or press release is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed is to be used for informational purposes only. Please read all associated full disclosures, disclaimers, and analyst background on our website before investing. Neither Goldman Small Cap Research nor its parent is a registered investment adviser or broker-dealer with FINRA or any other regulatory agency. To download this research report or any of our research, view our disclosures and disclaimers, or for more information, visit www.goldmanresearch.com. Since 2018 Goldman Small Cap Research was compensated $8800 by the Company for research and distribution services.

About Surge Holdings, Inc.: Surge Holdings, Inc. (OTCQB:SURG)is a retail supply chain company leveraging blockchain technology to provide a virtual distribution hub for retailers, as well as offer telecom services for low income customers and financial payment services for the unbanked and under-banked. Surge products are delivered through a nationwide network of convenience stores and corner markets connected to the SurgePays™ retail blockchain network. This retail platform is designed to transform the traditional supply chain by providing local retailers seamless access to global products, and empowers the corner store to select, order and fulfill delivery of wholesale goods from around the country. This platform also provides manufacturers a cost-effective and efficient platform to access local retailers.

For more information, please visit: www.SurgeHoldings.com

Goldman Small Cap Research
Rob Goldman, Analyst
410-609-7100
rob@goldmanresearch.com

SOURCE: Goldman Small Cap Research

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