I’m currently investigating SRCO and wanted to share my findings with you.
The latest information I can find indicates they have just completed two municipal financing transactions with the Town of Gifford, South Carolina. This money is being used to create new essential municipal equipment/infrastructure assets, allowing the Town to spread the cost over a longer term and avoid a large upfront dollar amount.
SRCO also has additional potential outside of just OTC. They have municipal finance, and they also have Agoge Global USA, which will provide staged financing and compliance solutions in support of cross-border trade.
Here is the bull case I am watching…
\- Even with tightening budgets, municipalities continue to require equipment and infrastructure funding.
\- SRCO is already listed on the OTCQB, which is better than Pink Sheet (OTC-Pinks) visibility.
\- They have Agoge Global as a separate revenue stream that will provide a trade-finance angle not related to municipal leasing.
Finally, while I think the municipal finance angle is a viable business model, I would want to see consistent updates, revenue results, and financial reporting before taking a more aggressive approach to investing in SRCO.
If anyone has any additional info they’d like to add I’d love to hear it!
This does not constitute financial advice.