Author: singlepoint2

PHOENIX, Aug. 26, 2021 — SinglePoint Inc. (OTCQB: SING) (“SinglePoint” or the “Company”), a company focused on providing renewable energy solutions and energy-efficient applications to drive better health and living, today provided an update on forward-looking revenue guidance goals for the Company’s solar-centric subsidiaries for Q4 2021, targeting annual revenue projections of $20,000,000 USD for the existing solar business units in FY2022. The Company continues to target opportunities in exponentially growing markets with significant government support within solar as the domestic market is expected to reach $223 Billion by 2026.

FY2021 Q4 and FY2022 Solar Business Segment Outlook and Revenue Guidance

“We are diligently working to execute on collaborative revenue producing projects within our existing solar business divisions and we believe there are significant amounts of synergistic opportunities ahead. We expect revenues to grow throughout the remainder of 2021 and continue to increase in FY2022 with the potential to surpass $20,000,000 in organic annual revenue next year,” commented Wil Ralston, CEO SinglePoint. “We have built a strong foundation within our solar business, anchored by EnergyWyze and Direct Solar America, and we intend to execute on our previously announced strategic M&A growth plan to add scale, incremental sales and to broaden our footprint throughout the remainder of the year and into 2022.”

The US residential solar market is poised to grow by nearly $6 Billion USD during 2021-2025, progressing at a CAGR of over 10% during the forecast period. Interest in pairing solar with battery storage has surged over the past few years, largely driven by concerns about the reliability of the country’s outdated electric grid and the increasing reality of power outages. According to the Solar Energy Industry Association (SEIA) more than 3 million homes and businesses in America have solar and installations are going to double over the next five years.

In collaboration with its subsidiaries, EnergyWyze and the key executives at Direct Solar America, SinglePoint has implemented strategic initiatives to realign and reposition its solar and renewable energy business segments to take advantage of the industry relationships and opportunities primarily within the residential solar sector.

Mr. Ralston added, “Generating quality leads and conversions are key metrics that we have focused on within EnergyWyze during over the course of 2021 thus far. We are now able to send high performing solar leads and appointments created by EnergyWyze to Direct Solar America which has the ability to, at our current staffing levels, produce approximately 75 closed residential solar installations per month equaling an estimated $1,500,000 per month in contracted revenue. Additionally, to further optimize these opportunities, we strategically and deliberately tested various combinations that have yielded positive results, specifically lowering the customer acquisition costs while improving the customer closing ratios. Our owned residential solar businesses can now apply these formulas to enhance results for our B2B clients and within our own business units to efficiently grow revenues and profitability month-over-month throughout the remainder of this year and through Fiscal Year 2022.”

SinglePoint continues to make the necessary business decisions to ensure the future success of Direct Solar America and to maximize its potential towards specific execution goals. To date, SinglePoint has retained multiple members of leadership and key employees who have amassed valuable industry experience having worked with other entities within the domestic solar markets, as well as hold specific expertise within the historical Direct Solar America business models. The Company intends to continue to take advantage of and leverage the partnerships, network and footprint built over the past two years and have identifying key partnerships and relationships to ensure existing customers are being taken care of to the highest quality standards.

The solar market is poised for long term sustainable growth. Homeowners continue to look for ways to utilize solar and establish energy independence. With varying weather events happening across the US, solar, battery backup and creating an emergency backup system is a high priority among many consumers. Additionally, going solar continues to make economic sense reducing a homeowners monthly utility expense in many cases. In addition to consumer awareness, the Federal government and industry are constantly looking for ways to create operational efficiencies such as universal permitting, easing supply chain roadblocks and overall providing ways to continually decrease the cost of implementing renewable energy systems at the residential and commercial levels. 

SinglePoint has been in ongoing discussions with multiple renewable energy operators for potential transaction(s). The Company has initially targeted profitable EPC providers installing a minimum of $7,500,000 to well over $10,000,000 a year in solar panels to companies advancing the future of renewable energy and providing services internationally.

About SinglePoint Inc.

SinglePoint Inc. is a renewable energy and sustainable lifestyle company focused on providing environmentally friendly energy efficiencies and healthy living solutions. SinglePoint is initially focused on building the largest network of renewable energy solutions and modernizing the traditional solar and energy storage model. The Company is also actively exploring future growth opportunities in air purification, electric vehicle charging, solar as a subscription service, and additional energy efficiencies and appliances that enhance sustainability and a healthier life. For more information, visit the Company’s website (www.singlepoint.com) and connect on LinkedIn and Twitter.

Forward-Looking Statements

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential plans and objectives of the Company, the use of proceeds, anticipated growth and future expansion, are forward-looking statements that involve risks and uncertainties.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Investor Contact:
JTC Team, LLC
Jenene Thomas
833-475-8247
SING@jtcir.com 

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SOURCE SinglePoint Inc.

PHOENIX, Ariz., Aug. 24, 2021 – SinglePoint Inc. (OTCQB: SING) provides updates on previously announced spin off of 1606 Corp. On March 26, 2021 the Company announced the spin-off of its subsidiary 1606 Corp. through a stock distribution to shareholders on a 1:1 basis. As part of the ongoing strategic review, SinglePoint is evaluating potential future spin-off opportunities in order to focus the business on its core renewable energy and sustainability strategic priorities.

“We believe we are in the right place at the right time and through the solid execution of our strategic priorities, we will drive shareholder value. We believe we can also create additional value through future spin-offs of non-core assets. We have matured each of the companies into viable businesses that will continue to grow and flourish as separate entities from SinglePoint. We have established a roadmap for our non-core assets as it gives these entities an avenue to continue operations and scale, provides shareholders additional equity in a new company and enables SinglePoint management to focus on our ultimate mission of becoming a leader in the renewable energy and clean-living sector,” stated Wil Ralston CEO SinglePoint Inc.

On August 18, 2021, 1606 Corp. filed its registration statement with the Securities and Exchange Commission (SEC). To access the registration statement, please click the following link:  https://www.sec.gov/Archives/edgar/data/0001877461/000147793221005733/onesix_s1.htm.

Following SEC review and approval, 1606 Corp. is expected to file the proper documentation to obtain a ticker symbol and commence trading. There is no further action required by any shareholder at this time.

“This is an exciting time for 1606 Corp and represents an important step forward in the process towards commencing trading.  We look forward to continue to provide updates on the process as they become available from 1606,” added Mr. Ralston.

SinglePoint management is currently developing additional information on the subsidiary companies, upcoming performance and future looking developments. Management continues to check off multiple initiatives set up to improve the fundamentals and visibility of SinglePoint in the public markets as well as for its subsidiary businesses.

About SinglePoint Inc.
SinglePoint Inc. is a renewable energy and sustainable lifestyle company focused on providing environmentally friendly energy efficiencies and healthy living solutions. SinglePoint is initially focused on building the largest network of renewable energy solutions and modernizing the traditional solar and energy storage model. The Company is also actively exploring future growth opportunities in air purification, electric vehicle charging, solar as a subscription service, and additional energy efficiencies and appliances that enhance sustainability and a healthier life. For more information, visit the Company’s website (www.singlepoint.com) and connect on LinkedIn and Twitter.

Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential plans and objectives of the Company, the use of proceeds, anticipated growth and future expansion, are forward-looking statements that involve risks and uncertainties.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Investor Contact: 
JTC Team, LLC
Jenene Thomas 
833-475-8247
SING@jtcir.com

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SOURCE SinglePoint Inc.

PHOENIX, Aug. 17, 2021 – SinglePoint Inc. (OTC: SING) (“SinglePoint” or the “Company”), a company focused on providing renewable energy solutions and energy-efficient applications to drive better health and living, today reported financial and operational results for the second quarter ended June 30, 2021 and provided a business update.

SinglePoint Q2 2021 Financial Highlights:

• SinglePoint had total cash of $854,589 compared to $76,476 of the previous year quarter.
• For the three months ended June 30, 2021, the Company generated revenues of $454,822 as compared to $395,277 generated in the second quarter of 2020.
• The Company reported a total of $1,596,679 in total current assets for the quarter ended June 30, 2021, an increase of 304% from the quarter ended June 30, 2020.
• As compared to the year end reported 12/31/2020, the company has further reduced its total Current Liabilities, including eliminating external convertible debt by $2,759,095.

SinglePoint is improving and expanding its existing solar businesses that add to our North American footprint as the solar market is expected to quadruple over the next decade. We are exploring additional accretive opportunities and partnerships in healthy living and renewable energy applications. As previously announced, the management team has launched a strategic review of the Company’s business to ensure optimization and growth opportunities. The Company expects to provide additional updates during the third quarter on its core business segments as a result of its on-going strategic review.

“We have made considerable progress throughout the first half of 2021, including listing on the OTCQB. Our team is focused on increasing value for shareholders and growing our subsidiaries, and we are dedicated to implementing the strategic initiatives and continuous improvements necessary to deliver consistent results. We believe we have the right people in place to help us unlock the full potential of SinglePoint Inc. for our shareholders. Additionally, the strategic review that is currently underway will highlight key initiatives and illuminate our path forward to maximize value and opportunities for growth,” stated Wil Ralston, Chief Executive Officer of SinglePoint. “We are really only just getting started and believe we have significant opportunities ahead of us. My continued focus as CEO is to drive value for our shareholders by growing revenues, market share focused on delivering profits within our core business segments.”

Recent Highlights

• Executed on ongoing efforts to strengthen balance sheet including significantly decreasing its current liabilities, and elimination of warrants;
• Direct Solar of America, a subsidiary of SinglePoint, strengthened senior leadership team with the addition of experienced solar industry management;
• Launched strategic review of SinglePoint business strategy designed to identify and then leverage current platform in order to maximize near and long-term growth opportunities;
• Appointed Wil Ralston, who previously served as President and Director, as Chief Executive Officer and Director of SinglePoint;
• Completed spin off of its non-core asset, 1606 Corp., through a 1 for 1 dividend to SinglePoint shareholders and anticipates to file a preliminary S1 within the next 30 days;
• Completed acquisitions of EnergyWyze, LLC, a company focused on enhancing renewable energy leads and has recently onboarding household name clients; and
• Completed acquisition of Box PureAir, LLC, which provides air purification units designed to improve indoor air quality and ventilation providing a healthy clean air environment free of airborne pathogens and currently supplies multiple public and private schools, restaurants, homes and more.

SinglePoint is driving its vision of creating a national network of renewable energy services and products that promote a cleaner sustainable lifestyle while minimizing the impact on the environment and expects to generate continued growth. SinglePoint will continue to search for companies that align with its growth strategy to firmly position the Company as a leader in these emerging market opportunities.

About SinglePoint Inc.

SinglePoint Inc. is a renewable energy and sustainable lifestyle company focused on providing environmentally friendly energy efficiencies and healthy living solutions. SinglePoint is focused on building a national network of renewable energy solutions and modernizing the traditional solar and energy storage model. The Company is also actively expanding growth opportunities in air purification, and exploring electric vehicle charging, solar as a subscription services, and additional energy efficiencies and appliances that enhance sustainability and a healthier life. For more   information, visit the Company’s website (www.singlepoint.com) and connect on LinkedIn and Twitter.

Forward-Looking Statements

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential plans and objectives of the Company, the use of proceeds, anticipated growth and future expansion, are forward-looking statements that involve risks and uncertainties.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Investor Contact:

JTC Team, LLC
Jenene Thomas 833-475-8247
SING@jtcir.com

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SOURCE SinglePoint Inc.

PHOENIX, Aug. 13, 2021 – SinglePoint Inc. (OTCQB: SING) (“SinglePoint” or the “Company”), a company focused on providing renewable energy solutions and energy-efficient applications to drive better health and living, today announced that its application for a listing to the OTCQB® Venture Market (“OTCQB”) has been approved and it will begin trading at the open of the market on August 13, 2021.

The Company’s shares will trade in the United States on the OTCQB under the symbol “SING”. Existing U.S. shareholders of SinglePoint shares, previously quoted on the OTC® Pink Open Market, will now be quoted on the OTCQB without any further action needed.

Among multiple core improvements across the business this has been a key driver for the company. Considering the ever-changing landscape in the markets and the recent amendments to rule 15c2-11 the company found it paramount to continue improve the profile of the Company. While many of these structural changes have not been recognized in the market, they are designed to ensure the long-term viability of the company and provide a platform for long-term growth.

Over the past 9 months the company has restructured debt, cancelled convertible preferred shares, reduced potential dilutive securities, cancelled outstanding warrants, reduced derivative liability and spun off non care assets to its shareholders. The debt restructure has reduced current liabilities which has been an inhibitor to growth and listing. These improvements will provide SinglePoint the ability to continue growth with accretive partners and raise capital at the best possible terms for the company as the investment profile continues to improve. 

“We have continued to work diligently to execute on significant growth opportunities and increase value for shareholders. Our listing on the OTCQB is yet another accomplishment in that pursuit. Listing on the OTCQB provides us with greater visibility within the investment community and valuable capital markets exposure. As we’ve stated previously, the SinglePoint team and the partners with whom we are working are committed to driving a bright future consisting of execution with solid performance with the goal of delivering results in building out valuable, profitable business segments. We look forward to driving the business forward and unlocking significant shareholder value in the near and long-term,” stated Wil Ralston, Chief Executive Officer of SinglePoint.

The OTCQB® Venture Market provides value and convenience to U.S. investors, brokers and institutions seeking to trade SING. The OTCQB® Venture Market is OTC Markets Group’s premier market for early stage, investor-focused U.S. and international companies. To be eligible, companies must meet high financial standards, follow best practice corporate governance, demonstrate compliance with U.S. securities laws, be current in their disclosure, and have a professional third-party sponsor introduction.

About OTC Markets Group Inc.

OTC Markets Group Inc. operates the OTCQX® Best Market, the OTCQB® Venture Market and the Pink® Open Market for 11,000 U.S. and global securities. Through OTC Link® ATS and OTC Link ECN, PTC Market Group Inc. connects a diverse network of broker-dealers that provide liquidity and execution services. The company enables investors to easily trade through the broker of their choice and empower companies to improve the quality of information available for investors. To learn more about how OTC Markets Group Inc. creates better informed and more efficient markets, visit www.otcmarkets.com.

About SinglePoint Inc.

SinglePoint Inc. is a renewable energy and sustainable lifestyle company focused on providing environmentally friendly energy efficiencies and healthy living solutions. SinglePoint is initially focused on building the largest network of renewable energy solutions and modernizing the traditional solar and energy storage model. The Company is also actively exploring future growth opportunities in air purification, electric vehicle charging, solar as a subscription service, and additional energy efficiencies and appliances that enhance sustainability and a healthier life. For more information, visit the Company’s website (www.singlepoint.com) and connect on LinkedIn and Twitter.

Forward-Looking Statements

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential plans and objectives of the Company, the use of proceed, anticipated growth and future expansion, are forward-looking statements that involve risks and uncertainties.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Investor Contact: 

JTC Team, LLC
Jenene Thomas
833-475-8247
SING@jtcir.com 

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SOURCE SinglePoint Inc.

PHOENIX, July 21, 2021 — SinglePoint Inc. (OTC: SING) today announced its majority owned subsidiary, Box Pure Air, LLC, has secured additional purchase orders as global demand for improved indoor air quality at work, at school, at home and at the places we gather continues to increase.

There continues to be a growing need for better ventilation indoors, and the need for effective plug and play solutions like the portable, certified HEPA air purification units provided by Box Pure Air. Box Pure Air has made sales in multiple verticals including salons, restaurants and schools. Portable air purifiers are being utilized to remove particles and pathogens on a room-by-room basis. The company’s initial focus was responding to school RFP’s and RFQ’s, with an aggregated total of over $50M dollars, as billions of dollars have been set aside by the federal government to improve ventilation and indoor air quality. Some of the funding has started to be released providing school superintendents, administrators and facility managers needed financial resources that can assist in preparation for the upcoming school year. Box Pure Air is experiencing increased business development activity and early stage purchase orders from schools as detailed in this press release.

Everyone deserves to breathe clean air. Schools are preparing to return to a more normal schedule, and we are committed to providing plug and play, industrial and commercial grade air purification units that assist in creating a safer environment by increasing air exchanges and filtering out harmful particulates. Clean air and safe air zones have always been essential, but recent events and studies have reinforced the importance of clean air as we spend a majority of our time inside. With variants on the rise, it has been a rush to ensure everyone is doing what they can to return safely. In a recent Podcast published July 15, 2021, Joseph Allen, an associate professor of exposure assessment science at Harvard University stated the following: “This is an airborne virus, it is spread through the air. Almost every single case of transmission that has happened, has been time indoors in low under ventilated locations.” Through the American Rescue Plan schools have been awarded nearly $200 Billion to ensure schools can properly assess and ensure requirements are being met. Box Pure Air delivers plug and play units that will provide immediate relief to school as a whole or simply for problem areas or “hot” spots.

“The average person spends 90% of their time indoors. Ventilation has largely been ignored until recently. In fact, it has been shut down in an effort to improve efficiencies of homes and buildings which has resulted in the opposite effect and created “sick” buildings. We are committed to finding solutions that help improve and sustain the places we spend all of our time. Our mission to improve our environments and the quality of life for those people we serve drives our team daily. We will continue to execute our mission throughout 2021 and beyond,” Wil Ralston CEO.

Mr. Ralston goes on to say, “This is just the beginning of what we are working to accomplish. Our team has made significant progress over the last couple quarters much of which has yet to reflect itself into the share price. However, these fundamental improvements are the foundation of building a long-term viable business and have recently resulted in raising the most accretive capital to date in just a simple long term note with interest. We still have a lot of work to do and the recent purchase orders albeit just initial orders are evidence we are on the right track.”

Schools are just the beginning of the planned roll out. Air Quality is fundamental to overall health. As more research is published the data shows, poor air quality can lead to inflammation in the lungs and contribute to overall health concerns especially in those with underlying conditions. While good air quality leads to more productivity, better performance and overall general health.

About SinglePoint Inc.
SinglePoint Inc. is a renewable energy and sustainable lifestyle company focused on providing environmentally friendly energy efficiencies and healthy living solutions. SinglePoint is initially focused on building the largest network of renewable energy solutions and modernizing the traditional solar and energy storage model. The Company is also actively exploring future growth opportunities in air purification, electric vehicle charging, solar as a subscription service, and additional energy efficiencies and appliances that enhance sustainability and a healthier life. For more information, visit the Company’s website (www.singlepoint.com) and connect on LinkedIn and Twitter.

Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential plans and objectives of the Company, the use of proceed, anticipated growth and future expansion, are forward-looking statements that involve risks and uncertainties.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Investor Contact: 
JTC Team, LLC
Jenene Thomas
833-475-8247
SING@jtcir.com 

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SOURCE SinglePoint Inc.

PHOENIX, July 14, 2021 – SinglePoint Inc. (OTC: SING) (“SinglePoint” or the “Company”), a company focused on providing renewable energy solutions and energy-efficient applications to drive better health and living, today provided an overview of recent key highlights from its subsidiaries, Direct Solar America, EnergyWyze, LLC and Box PureAir, LLC.

SinglePoint has continued building on its strategy to establish the most comprehensive national solar network and portfolio of renewable energy solutions to meet rapidly growing demand. As part of this momentum, the Company’s subsidiaries Direct Solar America, EnergyWyze, LLC and Box PureAir, LLC, have continued execute on their respective business strategies, which collectively continue to drive the Company’s mission to promote a cleaner sustainable lifestyle while minimizing the impact on the environment and generating continued growth.

“As a company, we continue to accomplish our stated goals and achieve key catalysts on an ongoing basis. The people whom we work alongside of, partner with, and serve, enable us to provide valuable solutions for better health and living, which ultimately enable SinglePoint do drive profits and build value. Our teams at EnergyWyze, Box PureAir, and Direct Solar continue to make substantial progress and we are proud of their accomplishments. I truly believe the continued success of SinglePoint has not and will not be possible without the individuals who make up our team. We are dedicated to focusing the right resources on our value drivers, which include our subsidiaries, and identify the ways which we can have the most impact,” stated Wil Ralston, Chief Executive Officer of SinglePoint. “We believe SinglePoint is poised to be a leader in the industry and has the potential to unlock significant value through optimizing our business strategies. Where we are today is only the beginning. Our team and partners remain dedicated to delivering progress, building value, and generating profits.”

EnergyWyze

Streamlining, optimizing, and maximizing solar industry lead generation through customer centric approach 

Since its acquisition, EnergyWyze has onboarded new clients and systems and has begun working with many of the solar industry’s top tier companies. In its first month following the acquisition, EnergyWyze achieved significant strides and currently sells multiple hundreds of leads and appointments to some of the nation’s leading solar providers who are looking to increase their residential solar sales and installation rates. Recently, EnergyWyze has expanded its geographic reach to now include the following U.S. states: Colorado, New Mexico, Oregon, Utah, Virginia and Illinois; with expansion into additional states in process.

The company continues to refine and optimize its lead generation platform. It has recently secured a deal to provide leads to AIGA sales which has 50 reps across 8 states and has added expertise to its team with the hiring of a top phone solar setter in the business to help build out the appointment setting team and recruit other talented setters. Additionally, the company has added Energy Audits to our setting program and aligned with one of the top Energy efficiency companies in the U.S. to generate leads and appointments. EnergyWyze has also expanded its service to include Home Energy efficiency and additional markets that complement the healthy living and renewable energy industries.

Box PureAir 

Creating safe, clean air zones to improve overall air quality and general health

Reducing pollutants and pathogens, including SARS-CoV-2 (COVID-19) to improve and enhance ventilation and indoor air quality is top of mind. BOX PureAir continues to build its pipeline to meet these growing demands, including the anticipated launch of the “Summit” model which has the potential to redefine the in duct retrofit market. The company has also implemented smart fleet management systems which enable users to monitor multiple units remotely and monitor air quality in the unit location. 

Box PureAir has received the initial purchase order for its submitted bids, which will help to establish its process moving forward. Upon closing, Box PureAir expects to see a larger round of purchases orders come through. In addition to opening its office and sales center in May 2021, Box PureAir has commitments from franchisees representing three of the top ten fast food chain restaurants in the United States to install units to protect their customers and employees by improving indoor air quality by creating a safe air zone as local and regional restrictions for indoor dining are lessened or eliminated.

Lastly, with schools returning for the fall semester imminently, the company believes there will be increased participation and action taken by school districts to help students, teachers and everyone else involved towards returning to normal operations and continues to deliver solutions across multiple verticals.

Direct Solar America 

Producing clean energy through converting sunlight into power on residential or commercial buildings

Direct Solar America’s business continues to drive forward. The company has recently hired multiple industry experts, some of which had served with the company previously. This historical knowledge has been an integral component in the progress of the business. By putting the right people in the right positions and empowering them to move the company forward Direct Solar America as seen significantly improved communications and responses from its customers and partners. Over the course of the next quarter, Direct Solar America plans to scale its business through a few process implementations. With the new processes being defined and implemented, the path towards profitability is in sight.

SinglePoint’s Future Moving Forward 

Building the most comprehensive national solar network and platform of renewable energy solutions to meet rapidly growing demand

SinglePoint will continue to concentrate its efforts on analyzing, improving and expanding its existing solar businesses while exploring additional accretive acquisitions or partnerships in healthy living and renewable energy applications. The Company will continue to look for accretive acquisitions in an effort to create the first truly national network in the sector. Installers, technologies providing renewable energy solutions and the people that lead these efforts will be vital to SinglePoint’s continued growth. As previously announced, SinglePoint has launched a strategic review of the Company’s business to ensure optimization and growth opportunities.

The Company expects to provide updates regarding its strategic review in the third quarter of 2021.

About SinglePoint Inc.
SinglePoint Inc. is a renewable energy and sustainable lifestyle company focused on providing environmentally friendly energy efficiencies and healthy living solutions. SinglePoint is initially focused on building the largest network of renewable energy solutions and modernizing the traditional solar and energy storage model. The Company is also actively exploring future growth opportunities in air purification, electric vehicle charging, solar as a subscription service, and additional energy efficiencies and appliances that enhance sustainability and a healthier life. For more information, visit the Company’s website (www.singlepoint.com) and connect on LinkedIn and Twitter.

Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential plans and objectives of the Company, the use of proceed, anticipated growth and future expansion, are forward-looking statements that involve risks and uncertainties.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Investor Contact: 
JTC Team, LLC
Jenene Thomas
833-475-8247
SING@jtcir.com

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SOURCE SinglePoint Inc.

PHOENIX, June 3, 2021 – SinglePoint Inc. (OTC: SING) (“SinglePoint” or the “Company”), a company focused on providing renewable energy solutions and energy-efficient applications to drive better health and living, today provided an update to its shareholders on its recent spin off of 1606 Corp. (“1606”). In April 2021 SinglePoint spun off 1606 Corp. through a 1 for 1 dividend to SinglePoint shareholders. As previously announced, since the spin off, Greg Lambrecht has resigned from SinglePoint and has been appointed as CEO of 1606 Corp. 1606 is actively working to finalize and submit its registration statement. Upon the effectiveness of the registration statement, 1606 will be able to apply for a ticker symbol and begin trading.

As 1606 Corp. prepares to file the necessary documents to become listed on an exchange, it has remained focused on building momentum with its focus on increasing its retail footprint concentrating on regional expansion in addition to continuing to grow its online presence and retail distribution network.

Additionally, 1606 has continued to grow its online presence with increased recurring orders coming from customers throughout the US. Smokable-hemp continues to grow as a market, Nielsen expects the smokable-hemp market to reach $300 million to $400 million by 2025, representing roughly 5% of the potential $6 billion to $7 billion hemp-derived CBD consumer products category.

“We believe there is a lot of potential for 1606 ahead and are excited for the future as we work to finalize our registration statement. With vape and tobacco and specifically menthol being pulled off of shelves around the world, our smokable-hemp products are ready to replace those holes in convenience store planograms. As a replacement for traditional tobacco 1606 is a better alternative with only one ingredient, hemp. Having taken a cigar company public through the first ever, clear english perspective, we were able to get NASDAQ listed and raise $10,000,000 enabling us to achieve 30,000 accounts. I look forward to doing the same with 1606,” adds Greg Lambrecht, CEO of 1606.

1606hemp.com continues to grow its presence and is the main driver of sales for the company. The company has placed 1606 hemp in multiple states and across hundreds of locations. 

About 1606 Corp.

1606 believes Hemp/CBD can change lives, and that’s why we encourage tobacco/nicotine users to make a decision-to help us take these pioneering steps into a world where something as simple as lighting up a smoke doesn’t mean taking a hammer to your health.

About SinglePoint Inc.

SinglePoint Inc. is a renewable energy and sustainable lifestyle company focused on providing environmentally friendly energy efficiencies and healthy living solutions. SinglePoint is initially focused on building the largest network of renewable energy solutions and modernizing the traditional solar and energy storage model. The Company is also actively exploring future growth opportunities in air purification, electric vehicle charging, solar as a subscription service, and additional energy efficiencies and appliances that enhance sustainability and a healthier life. For more information, visit the Company’s website (www.singlepoint.com) and connect on LinkedIn and Twitter.

Forward-Looking Statements

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential plans and objectives of the Company, the use of proceed, anticipated growth and future expansion, are forward-looking statements that involve risks and uncertainties.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Investor Contact: 
JTC Team, LLC 
Jenene Thomas  
833-475-8247 
SING@jtcir.com

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SOURCE SinglePoint Inc.

PHOENIX, May 25, 2021 – SinglePoint Inc. (OTC: SING) (“SinglePoint” or the “Company”), a company focused on providing renewable energy solutions and energy-efficient applications to drive better health and living, today provided an update on the transitions and appointments to its executive management team.

Wil Ralston, who previously served as President and Director will become Chief Executive Officer and Director of SinglePoint pending contract completion. Greg Lambrecht, who previously served as Chief Executive Officer of SinglePoint has effectively transitioned to his role as Chief Executive Officer of 1606 Corp., which was recently spun off as its own entity.

Preparations for this succession plan with Wil Ralston assuming the helm of SinglePoint Inc. has been underway and was catalyzed with the spin-off of 1606 Corp. The Company believes with this succession, Mr. Ralston can implement growth strategies for the existing SinglePoint business units and continue to streamline the offerings focused on the emerging opportunities in Clean Air – Indoor Air Quality and Renewable Energy. 

Greg Lambrecht stated, “I am excited to leverage my experience in retail distribution and emerging public companies for the shareholders of 1606 Corp.  I am confident in the team I have assembled and look forward to communicating our vision and outlook to leverage the massive opportunity at 1606 Corp. I have full confidence that Wil and the team at SinglePoint will continue to make daily decisions to improve and grow shareholder value.”

Since joining SinglePoint, Mr. Ralston has led many important initiatives for the Company, including its acquisition strategy and launching new product offerings from concept to production. During his tenure as President at SinglePoint, Mr. Ralston was responsible managing day-to-day operations and spearheading the corporate strategy. In additional to onboarding new clients Mr. Ralston was instrumental in preparing the Company to become audited and a fully reporting issuer.

“I am honored to be appointed CEO of SinglePoint at such a pivotal time in the evolution of the Company. On behalf of the SinglePoint Board of Directors and management team, we would like to thank our long-serving CEO and Chairman Greg Lambrecht for his ongoing support, commitment and passion as he steps into the role of CEO and Chairman of 1606 Corp. Since I joined SinglePoint, we have made many strategic acquisitions which position us to leverage our industry-leading expertise to make a significant impact in the renewable energy space, an industry that is seeing significant exponential growth,” stated Wil Ralston, incoming Chief Executive Officer of SinglePoint. “To remain laser focused on execution and establishing SinglePoint as a leader in renewable energy, we intend to seek strategic alternatives, including the spin-off of our non-energy related assets.”

As SinglePoint implemented its strategic growth and diversification plan, the Company executed its first spin off, 1606 Corp. which has become its own entity. Future intended spin offs will provide shareholders additional value while enabling the companies to continue to grow independently while SinglePoint continues to grow its renewable energy footprint.

SinglePoint’s management will continue to concentrate its efforts on analyzing, improving and expanding its existing solar businesses while exploring additional accretive acquisitions or partnerships in healthy living and renewable energy applications. The Company will continue to look for accretive acquisitions in an effort to create the first truly national network in the sector.

The solar industry is estimated to quadruple by 2030 according to the US Solar Market Insight 2020 Year-in-Review report, released on March 16, 2021 by the Solar Energy Industries Association (SEIA) and Wood Mackenzie. Currently only 4% of the addressable residential homes in the US domestic market have solar with a similar number for small commercial opportunities. Residential solar sales will continue to grow as loan providers roll out attractive products, interest in home improvement surges, and customers suffering through power outages from extreme weather events seek energy resilience.  The total value of the US Solar Market in 2020 was estimated at $24.1 billion.

About SinglePoint Inc.

SinglePoint Inc. is a renewable energy and sustainable lifestyle company focused on providing environmentally friendly energy efficiencies and healthy living solutions. SinglePoint is initially focused on building the largest network of renewable energy solutions and modernizing the traditional solar and energy storage model. The Company is also actively exploring future growth opportunities in air purification, electric vehicle charging, solar as a subscription service, and additional energy efficiencies and appliances that enhance sustainability and a healthier life. For more information, visit the Company’s website (www.singlepoint.com) and connect on LinkedIn and Twitter.

Forward-Looking Statements

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential plans and objectives of the Company, the use of proceed, anticipated growth and future expansion, are forward-looking statements that involve risks and uncertainties.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Investor Contact: 

JTC Team, LLC
Jenene Thomas
833-475-8247
SING@jtcir.com 

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SOURCE SinglePoint Inc.

PHOENIX, May 18, 2021 — SinglePoint Inc. (OTC: SING) (“SinglePoint” or the “Company”), a company focused on providing renewable energy solutions and energy-efficient applications to drive better health and living, today reported financial and operational results for the first quarter ended March 31, 2021 and provided a business update.

Recent Corporate Highlights

• Successfully effected a 1-for-75 reverse stock split and spin off of non-core asset, 1606 Corp.
• Completed acquisition of Box PureAir, LLC to sell AIRBOX, an American-made, high-proficiency energy efficient air purification technology.
• Secured an aggregate of $2,000,000. The proceeds from the financing will be used for sales and marketing initiatives for the Company’s recently completed acquisitions, Energy Wyze and Box PureAir.
• Completed acquisition of premier solar lead generation engine, Energy Wyze, LLC.
• Settled the remaining balance of the Convertible Secured Note Agreements with Iliad Trading Company and UAHC Ventures which eliminates all external debt conversions. The elimination of the remaining balance removed future conversions under the Note and removed all derivative (toxic) debt from the Company’s Balance Sheet.

“Over the course of 2020 we made significant progress in streamlining our business model and building momentum in the renewable energy space, an industry that is poised to experience exponential growth over the next decade,” commented Wil Ralston, President of SinglePoint. “Our team has worked diligently to establish a strong foundation, financially, operationally and commercially and I am pleased with the progress we continue to make. These deliberate steps are critical in propelling SinglePoint to its next phase of growth and well-position the Company to become an industry leader for renewable energy solutions. Moving forward, we believe 2021 will be a further transformational year, especially having begun taking steps towards qualifying for a national exchange, which we believe has the potential to increase the profile of SinglePoint and maximize shareholder value. We will continue to focus on improving the balance sheet and growing our revenues while improving profitability organically and through opportunistic acquisitions. We look forward to an exciting year ahead.”

SinglePoint has taken catalytic steps in transforming the traditional solar energy model and is committed to growing its national footprint. With the recently completed acquisitions of Energy Wyze, LLC and Box PureAir, LLC., SinglePoint is driving the vision of creating the first National network of renewable energy services and products that promote a cleaner sustainable lifestyle while minimizing the impact on the environment and expects to generate continued growth.

SinglePoint is leveraging Box PureAir’s established multi-state exclusive and international rights to sell AIRBOX, an industrial grade, American made, high-proficiency energy-efficient air purification technology. Box PureAir now has over 200 reps through various partnerships in multiple states including Florida, South Carolina, North Carolina, Oregon, Washington, and Arizona. The company is headquartered in Charleston, South Carolina and recently announced the opening of its office and sales center. Box PureAir is focused on delivering solutions to schools, restaurants, retail-based services and offices across multiple verticals and currently has submitted bids in excess of $50,000,000 to public schools, government agencies to help drive reopening of schools across America. Box PureAir is committed to creating Safe Air Zones by providing facilities with Certified HEPA and Antimicrobial Filtration Systems to displace, reduce and eliminate airborne contaminants from inside air including airborne infectious agents, pollen, dust, mold and other hazardous chemicals.

As SinglePoint implemented its strategic growth and diversification plan, the Company executed its first spin off, 1606 Corp. which has become its own entity. Greg Lambrecht will become CEO of 1606 Corp. Mr. Lambrecht is currently the CEO of SinglePoint. It is planned that Wil Ralston (President) will move to CEO of SinglePoint and the current CFO, Corey Lambrecht, will move to President and the Company will bring in a new CFO or senior accounting staff.

“Senior management of 1606 Corp. is currently in place and they have been actively working on adding resources to enable them to effectively communicate to all the former and current SinglePoint shareholders that received ownership in 1606 Corp. through the spin out.  We believe that there is significant value within 1606 Corp. and that it is now well-positioned as its own entity to access the business opportunities it has available,” stated Wil Ralston, President of SinglePoint. 

The Company plans to strategically spin off additional assets, such as Shield Saver – a unique Automotive and Data (Blockchain) opportunity originally acquired in 2018, following the same procedural processes. Future intended spin offs will provide shareholders additional value while enabling the companies to continue to grow independently while SinglePoint continues to grow its renewable energy footprint.

SinglePoint’s management will continue to concentrate its efforts on analyzing, improving and expanding its existing solar businesses while exploring additional accretive acquisitions or partnerships in healthy living and renewable energy applications. The Company will continue to look for accretive acquisitions in an effort to create the first truly national network in the sector. The solar industry is estimated to quadruple by 2030 according to the U.S. Solar Market Insight 2020 Year-in-Review report, released on March 16, 2021 by the Solar Energy Industries Association (SEIA) and Wood Mackenzie. Currently only 4% of the addressable residential homes in the US domestic market have solar with a similar number for small commercial opportunities.

Q1 2021 Financial Highlights:

• For the quarter ended March 31, 2021, the Company had total cash of $1,691,868 compared to $198,473 reported for the quarter ended March 31, 2020.
• Reported a total of $2,275,950 in total current assets for the year ended March 31, 2021, an increase of 742% from the quarter ended March 31, 2020.
• Additionally, the Company removed over $2,400,000 of convertible debt from the Company’s balance sheet.

About SinglePoint Inc.

SinglePoint Inc. is a renewable energy and sustainable lifestyle company focused on providing environmentally friendly energy efficiencies and healthy living solutions. SinglePoint is initially focused on building the largest network of renewable energy solutions and modernizing the traditional solar and energy storage model. The Company is also actively exploring future growth opportunities in air purification, electric vehicle charging, solar as a subscription service, and additional energy efficiencies and appliances that enhance sustainability and a healthier life. For more information, visit the Company’s website (www.singlepoint.com) and connect on LinkedIn and Twitter.

Forward-Looking Statements

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential plans and objectives of the Company, the use of proceed, anticipated growth and future expansion, are forward-looking statements that involve risks and uncertainties.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Investor Contact:

JTC Team, LLC
Jenene Thomas
833-475-8247
SING@jtcir.com 

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SOURCE SinglePoint Inc.

PHOENIX, May 12, 2021 — SinglePoint Inc. (OTC: SING) (“SinglePoint” or the “Company”), a company focused on providing renewable energy solutions and energy-efficient applications to drive better health and living, today announced that Wil Ralston, President of SinglePoint will present at the Q2 Virtual Investor Summit on Tuesday May 18^th at 1:15 PM ET.

In addition to the presentation, management will be available to participate in virtual one-on-one meetings with qualified members of the investor community who are registered to attend the conference. For more information about the conference, please visit the conference website.

A live video webcast of the presentation will be accessible on the Investors page of the Company’s website (www.singlepoint.com) and archived for 90 days following the event.

About SinglePoint Inc.
SinglePoint Inc. is a renewable energy and sustainable lifestyle company focused on providing environmentally friendly energy efficiencies and healthy living solutions. SinglePoint is initially focused on building the largest network of renewable energy solutions and modernizing the traditional solar and energy storage model. The Company is also actively exploring future growth opportunities in air purification, electric vehicle charging, solar as a subscription service, and additional energy efficiencies and appliances that enhance sustainability and a healthier life. For more information, visit the Company’s website (www.singlepoint.com) and connect on LinkedIn and Twitter.

Investor Contact: 
JTC Team, LLC
Jenene Thomas
833-475-8247
SING@jtcir.com 

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SOURCE SinglePoint Inc.