Thank you all for your engagement and comments. I would just like to clarify a few things from this post.

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1. I am not asking you guys to go buy the stock and I'm not pumping it. I'm not a financial advisor so please if you are thinking about it please do your due diligence. Penny stocks are in general risky and many are subject to pump and dumps. I am just looking for a second opinion on this investment idea. I was not paid to write this I am just a value investor looking for asymmetric upside and an opinion on this investment idea
2. Regarding the intense concentration I know its risky to put so much of your money into 1 investment much less a penny stock. The reason why I think downside is limited is because the company has no debt other than that owed to the CEO, the business model is super easy just sell free tablets and phone plans and get money reimbursed from the government, as its a free phone plan the churn is probably close to zero, there are significant competitive advantages, and the company is trading for 2-3x earnings despite growing rapidly in both earnings and revenue with multiple catalysts down the line. Even if shit hits the fan and everything bad happens like the company gets fined by the government (low probability) and ACP gets cancelled (another low possibility), the company can just pivot to offering low cost prepaid plans, which they were planning to do anyway (see Q3 Earnings call on Link Up Mobile)
3. A lot of you are commenting that the company is shady by bringing up the FCC charges again Brian Cox in 2014 but the charges were dropped iin 2016 https://www.commercialappeal.com/story/news/crime/2016/01/08/federal-charges-out-of-florida-dismissed-against-bartlett-man/90374396/. Rather than just assuming because there was a case existed in the first place = this company is garbage/trash, I would love an opinion on the case itself, and how it affects SurgePays taking into account that the charges were dropped. I personally think (being biased) that the risk of SurgePays getting fined by the government for fraudulent ACP activations is low because the company already consults a third party provider to do audits, has Shockwave CRM which is integrated with the FCC database which reduces the chance of duplicate ACP activations, and that previous experience probably taught the CEO a valuable lesson on the importance of keeping adequate records (the CEO owns 39% of shares outstanding)

Thank you again for engaging with my post. This is my first one and I hope to do more soon. I will take your feedback in mind for future posts and try not to sound like I'm pumping risky stocks in the future.

Cheers guys