SurgePays Provides Company Updates For Shareholders
Portfolio Pulse from Happy Mohamed
SurgePays, Inc. (NASDAQ:SURG) has responded to a recent report containing errors and misleading content, stating it is a deliberate attempt to undermine the company's work. The company confirmed its compliance with the Affordable Connectivity Program and stated that its accounting records are accurate. The company expects to report a net income of over $6 million in the second quarter.
July 13, 2023 | 12:33 pm
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SurgePays has responded to a misleading report, confirming its compliance and accuracy of its accounting records. The company expects a Q2 net income of over $6 million.
The company's strong response to the misleading report and its confirmation of compliance and accurate accounting records, along with the expected high Q2 net income, are likely to boost investor confidence and potentially increase the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100