Company Overview
Surge Solutions Group, Inc., a Florida corporation (the “Company” or “Surge”) is a multi disciplined solutions company specializing in four specific markets of general construction in Florida including (i) insurance restoration, (ii) installation services for large scale national home improvement chains and new construction warranty and (iii) post construction finish and customization work for local and national new home builders. (iv) Surge's operations include petroleum contamination cleanup of over burdened soil and removal of obsolete tanks which, with certain statutory deadlines pending in Florida is becoming a large portion of our business.
Company History
The Company was incorporated in Florida in 2001 under the name Surge Restoration, Inc. In March 2007, the Company changed its name to Surge Solutions Group, Inc. At inception, our primary focus was the insurance restoration industry. At that time, management saw an industry trend towards vendor contractor programs as a means to reduce potential exposure for insurance companies with a focus to lower claim payouts by providing the insured with a pre-approved contractor that was using wholesale pricing in exchange for volume work. Through good customer service and an aggressive marketing plan, we experienced significant business growth in this market through 2002 and 2003. In order to maintain a more diversified revenue stream and increase growth, management expanded the current business profile to include additional segments of the market, as discussed below.
SSGI, Inc. (Pink Sheets: SSGI), the holding company for Surge Solutions Group, Inc. has announced today that it has initiated trading under symbol: SSGI.PK. SSGI, Inc. has recently completed a share exchange agreement with Surge Solutions Group, Inc. of Florida. Surge, a multi disciplined solutions company specializing in Multiple areas of construction and environmental services, will be the operating company.
Surge Solutions Group a Publicly Traded Stock
The company recently completed a private placement of $1,500,000. Titan Securities, Inc. acted as placement agent for the transaction. The funds allowed Surge to expand their business infrastructure in order to meet the demand of the rapidly growing petroleum market, which will substantially increase their gross revenues over the next several years. Brad Brooks, President of Titan Securities said, "Titan is pleased to have a role in helping the company grow and expand and I look forward to watching this company progress over the years."
Ryan Seddon, President of Surge Solutions Group, Inc. said, "I am very proud of the progress our company has made over the past twelve months and the beginning of trading of our stock is another great milestone. Surge, which was founded in 2001, has been a profitable company and we believe there are limitless opportunities as we move forward with our expansion. I look forward to growing this business to be a significant force in the construction and petroleum markets and providing shareholder value for all in the years to come."