Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?

To: Paul Senior who wrote (68127)	9/22/2021 9:29:51 AM
From: E_K_S	Read Replies (2) \| Respond to of 78774

SURG to do Secondary SURGEPAYS, INC 2,735,043 Units and 50:1 reverse split This is a firm commitment underwritten public offering of 2,735,043 units (the “Units”), based on an assumed public offering price of $5.85 per Unit, of SurgePays, Inc., a Nevada corporation the “Company,” “we,” “us,” “our”), the last reported sales price for our Common Stock as quoted on the OTCQB on September 10, 2021 assuming a reverse stock split of 1-for-50 ($0.117 per share on a pre-split basis) At $5.85/share would reflect a pre-split price of $0.117/share. Lots of warrants issued too so I suspect this to trade lower. FWIW sold entire position at/above $0.12/share earlier this month. Still like their services so will try to build a new position after their offering at/below $5.00/share (or about 15% the secondary offering price).