SEATTLE, April 17, 2019 — via OTC PR WIRE — SinglePoint (OTCQB: SING) CEO Greg Lambrecht discusses the overall strategy of the company and provides insight to upcoming projects.
SinglePoint Inc (OTCQB: SING) is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The Company portfolio includes mobile payments, ancillary cannabis services and renewable energy solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base.
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 future plans and objectives of the Company, 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.
SEATTLE, April 08, 2019 — via OTC PR WIRE — SinglePoint (OTCQB: SING) a fully reporting technology company providing mobile payments, ancillary cannabis services and renewable energy solutions announces the filing with the SEC of the Company’s first annual report as a fully reporting issuer. SinglePoint ended 2018 with total sales of $1,154,671 an increase of 344% compared to the previous year. The increase is largely due to the success of SinglePoint executing on its acquisition strategy. Over the last year the Company has solidified its’ financial position as well as become a fully reporting, audited issuer.
SinglePoint plans to continue its momentous growth with its latest Asset Purchase Agreement with Direct Solar. Direct Solar has seen tremendous growth over the past few months. SinglePoints’ auditing firm is currently reviewing the financial statements and upon completion will finalize the acquisition.
“We have spent a lot of time and effort to put the Company in a position to turn a profit in the very near future. With the anticipated acquisition of Direct Solar and the explosive growth we are seeing that goal could become a reality. We are excited about the future of SinglePoint and are in a stronger position now than we have ever been,” states Greg Lambrecht CEO.
SinglePoint Inc (SING) is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The Company portfolio includes mobile payments, ancillary cannabis services and renewable energy solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base.
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 future plans and objectives of the Company, 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.
Movement has arguably been slower on the repair and maintenance side and this is where SinglePoint is stepping in, through its subsidiary ShieldSaver. ShieldSaver uses proprietary license-plate recognition technology to gather data on both cars and consumers, which can be used for several purposes. The most obvious is to identify when repairs are needed to approach car owners about getting the work done. But the data also has value to other stakeholders, such as insurance companies, parking-lot owners, parts suppliers and people buying cars, as it can give them a better understanding of both individual vehicles and the bigger picture. Efficient repair and maintenance work can have valuable knock-on effects.
About SinglePoint Inc.
SinglePoint Inc. (SING) is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry. For more information, visit the company’s website at www.singlepoint.com.
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Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.
NEW YORK, March 28, 2019 — via NetworkWire – SinglePoint Inc. (OTCQB:SING) today announces its placement in an editorial published by NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company for private and public entities.
Data gathering is central to modern business. From the data-driven, opinion-forming companies of social media to the manufacturers using six sigma techniques to optimize their assembly lines, today’s world is an increasingly information-rich world. That focus is something that companies such SinglePoint Inc. (OTC:SING) are using to create places for themselves within the automotive industry.
Movement has arguably been slower on the repair and maintenance side, and this is where SinglePoint is stepping in, through its subsidiary ShieldSaver. ShieldSaver uses proprietary license-plate recognition technology to gather data on both cars and consumers, which can be used for several purposes. The most obvious is to identify when repairs are needed to approach car owners about getting the work done. But the data also has value to other stakeholders, such as insurance companies, parking-lot owners, parts suppliers and people buying cars, as it can give them a better understanding of both individual vehicles and the bigger picture. Efficient repair and maintenance work can have valuable knock-on effects.
About SinglePoint Inc.
SinglePoint Inc. (SING) is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry. For more information, visit the company’s website at www.singlepoint.com.
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Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company’s SEC filings. These risks and uncertainties could cause the company’s actual results to differ materially from those indicated in the forward-looking statements.
SEATTLE, March 18, 2019 — via OTC PR WIRE — SinglePoint (OTCQB:SING) a fully reporting company with assets in many verticals including mobile technology, cannabis services, blockchain, and renewable energy projects announces the official launch of ShieldSaver. SinglePoint acquired ShieldSaver early 2018 with the intent to disrupt the $12 Billion dollar automotive glass industry. ShieldSaver is now operational in Sacramento International Airport (SMF) and Wally Park’s Denver International Airport (DIA) locations. The company has recently completed its first round of end to end transactions with the newly built interface. This is a huge success for the company and has already sparked interest from other leading companies in the space.
Recently, Dan Shikiar, founder of ShieldSaver joined Greg Lambrecht, CEO of SinglePoint in this video interview to provide an overview and insight to ShieldSaver and how the concept was developed.
“With the new application SinglePoint led in developing over the past year, we have started to grab a lot of attention. Opportunities have started to pile up after our first showcase – people who see the ShieldSaver platform absolutely love it. We feel this market is underserved and is ripe for new technologies to streamline for customers and providers,” states Dan Shikiar founder of ShieldSaver.
“We spent over 9 months with our development team completely rebuilding the ShieldSaver platform. We feel it is one of the most sophisticated apps to date for automotive glass space, and has the potential to expand beyond that vertical to the automotive repair market as well,” states Greg Lambrecht, adding, “Our model for ShieldSaver mirrors that of AirBnB, 1-800-FLOWERS, and other sales aggregators that bring the experience to the consumer.”
Now that the mobile application has been developed and data is being recorded, SinglePoint and ShieldSaver will start the build out of a blockchain solution to append this data. This will help in access and distribution of the data to the key parties that need it.
The Automotive Glass Market surpassed $12 Billion in 2017 and is predicted to exhibit around a 7% CAGR between 2018 and 2024. ShieldSaver has entered into strategic partnerships with some of the largest companies in the space, including Mygrant Glass, Wally Park, LAZ Parking, and others further positioning the company for rapid growth.
About SinglePoint, Inc. SinglePoint, Inc (SING) is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry.
About ShieldSaver Utilizing proprietary License Plate Recognition (LPR) technology, ShieldSaver collects large quantities of important automotive and consumer data. There are many stakeholders that need access to this data; for instance, insurance companies have an interest in knowing that a windshield was actually in need of repair and that the repair was soundly completed. At the same time, much of the data that we collect is private and should only be shared with parties that have a legitimate need to access the data. As we expand our infrastructure, we will be storing our data in a blockchain based, distributed ledger with appropriate access controls to ensure that parties who need access to our data can retrieve it in the most secure and efficient manner.
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 future plans and objectives of the Company, 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.
SEATTLE, March 15, 2019 — via OTC PR WIRE — SinglePoint (OTCQB:SING) a fully reporting technology company providing mobile payments, ancillary cannabis services and blockchain solutions is pleased to announce Jacksam/Convectium Corporation is to present at the 31st Annual ROTH Investor Conference. SinglePoint invested in Jacksam in early 2017. The company has quickly grown and is now publicly traded under the symbol JKSM.
SinglePoint’s current ownership is 8.6%. Jacksam/Convectium is an exciting opportunity in the ancillary cannabis space. To date this has been a huge windfall for SinglePoint and one of our most exciting investments.
From Convectium.com – Convectium is the creator of the first wax & oil disposable for the vaping industry, one of the first dry herb vaporizers, and the industry’s first American-designed filling machine. Using our 710Shark oil filling machine and 710Captain capping machine, customers are able to fill and cap 100 cartridges in under a minute- increasing their output by 60x! Our entire line of US engineered, proprietary hardware and infrastructure is focused on automation and quality.
With a team of in-house designers, engineers, product developers and product managers, Convectium is focused on helping build your brand, automate your workflow, and get your custom branded products onto dispensary shelves and into the hands of customers quicker. Over 100 companies, including many dominant brands in the space, rely on Convectium for machinery, hardware, design, packaging, and total automation solutions.
As of 2018, Convectium has operations in seven US cities, utilizes two factories in the US and three dedicated factories in Shenzhen, China, and has grown to a team of over 25 employees.
About SinglePoint, Inc. SinglePoint, Inc (SING) is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry.
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 future plans and objectives of the Company, 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.
SEATTLE, March 07, 2019 — via OTC PR WIRE – SinglePoint (OTCQB: SING) shares a video interview between Direct Solar founder and Wil Ralston, President of SinglePoint. Direct Solar is SinglePoint most recent deal and upon completion of audit the transaction will be formally completed. Direct Solar has the opportunity to double SinglePoint revenue and expand nationwide increasing sales and profits for the company immensely.
According to Zion Market Research the global Solar Panel Market accounted for USD $30.8 Billion in 2016 and is expected to reach USD $57.3 billion by 2022 growing at a CAGR of 10.9% between 2017 and 2022.
Management is pleased through acquisition revenue has grown year over year and now has topped $1 Million exclusive of Direct Solar potential.
About SinglePoint, Inc. SinglePoint, Inc (SING) is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry.
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 future plans and objectives of the Company, 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.
SEATTLE, Feb. 26, 2019 — via OTC PR WIRE — SinglePoint (OTCQB: SING) a fully reporting technology company is pleased to announce it has signed an asset purchase agreement to acquire Direct Solar and AI Live Transfers. The two companies are providing what has been described as the Lending Tree Model for solar business. With the proposal of The Green New Deal solar is at the forefront of every conversation and will continue to be top of mind as the nation grows through an “energy shift” to renewable resources such as solar.
SING PR Feb. 26
According to Zion Market Research the global Solar Panel Market accounted for USD $30.8 Billion in 2016 and is expected to reach USD $57.3 billion by 2022 growing at a CAGR of 10.9% between 2017 and 2022.
Direct Solar has been on a hockey stick growth pattern. In the past twelve months the company has surpassed $1,500,000* in revenue with approximately 60% gross margins. In February 2019 the company generated approximately $321,230*. Direct Solar and SinglePoint estimate the four quarters following the closing of the acquisition will result in just over $8,230,000 in sales. This is based on numbers that have already been achieved without marketing budget available to the company. The following year two projections have the company turning a profit of $2,844,288 on revenues of approximately $14,000,000.
Total installed U.S. PV capacity is expected to more than double over the next five years, and by 2023, over 14 GW of PV capacity will be installed annually. This represents a major opportunity for SinglePoint and Direct Solar to exponentially grow and establish a leadership role within the new segment of the burgeoning solar industry.
The asset purchase agreement has been signed, and upon the completion of the audit, the transaction will be completed. SinglePoint plans to start recognition of these revenues around the end of April. “This is a phenomenal opportunity for SinglePoint. This changes the entire financial fundamentals for the company and enables us to continue to push forward with opportunities to continue increasing shareholder value and the overall value of SinglePoint”. Wil Ralston, President, SinglePoint Inc.
Direct Solar is able to move into every state quickly and efficiently because of the proprietary online education technology the company has developed. SinglePoint plans to utilize this edge to pitch Cannabis businesses on the opportunity to save money and increase margins through lowering the cost of utilities through the use of Solar.
*denotes financials are unaudited
About SinglePoint, Inc. SinglePoint, Inc (SING) is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry.
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 future plans and objectives of the Company, 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.
PHOENIX, Feb. 26, 2019 — via NetworkWire — SinglePoint (OTCQB:SING) a fully reporting technology company, is pleased to announce it has signed an asset purchase agreement to acquire Direct Solar and AI Live Transfers. The two companies are providing what has been described as the Lending Tree Model for solar business. With the proposal of The Green New Deal, solar is at the forefront of every conversation and will continue to be top of mind as the nation grows through an “energy shift” to renewable resources such as solar.
According to Zion Market Research, the global Solar Panel Market accounted for USD $30.8 billion in 2016 and is expected to reach USD $57.3 billion by 2022, growing at a CAGR of 10.9% between 2017 and 2022.
Direct Solar has been on a hockey stick growth pattern. In the past twelve months the company has surpassed $1,500,000* in revenue with approximately 60% gross margins. In February 2019, the company generated approximately $321,230*. Direct Solar and SinglePoint estimate the four quarters following the closing of the acquisition will result in just over $8,230,000 in sales. This is based on numbers that have already been achieved without marketing budget available to the company. The following year, two projections have the company turning a profit of $2,844,288 on revenues of approximately $14,000,000.
Total installed U.S. PV capacity is expected to more than double over the next five years, and by 2023, over 14 GW of PV capacity will be installed annually. This represents a major opportunity for SinglePoint and Direct Solar to exponentially grow and establish a leadership role within the new segment of the burgeoning solar industry.
The asset purchase agreement has been signed, and upon the completion of the audit, the transaction will be completed. SinglePoint plans to start recognition of these revenues around the end of April. “This is a phenomenal opportunity for SinglePoint. This changes the entire financial fundamentals for the company and enables us to continue to push forward with opportunities to continue increasing shareholder value and the overall value of SinglePoint,” said Wil Ralston, President, SinglePoint Inc.
Direct Solar is able to move into every state quickly and efficiently because of the proprietary online education technology the company has developed. SinglePoint plans to utilize this edge to pitch Cannabis businesses on the opportunity to save money and increase margins through lowering the cost of utilities through the use of solar.
*denotes financials are unaudited
About SinglePoint, Inc.
SinglePoint, Inc (SING) is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry.
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 future plans and objectives of the Company, 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.
SEATTLE, Feb. 20, 2019 — via OTC PR WIRE — SinglePoint (OTCQB: SING) a fully reporting company tied into technology and cannabis has signed a letter of intent to raise up to $12,000,000. The capital comes on favorable terms to the company and is only available at the company’s discretion. Final terms are still being negotiated, upon execution of the agreement SinglePoint will file a registration statement with the SEC. Continuing the company’s pursuit of transparency and increasing value for its shareholders, this raise will help SinglePoint access capital for continued growth and to complete acquisitions in currently in negotiation.
SING PR Feb. 20
Greg Lambrecht, SinglePoint CEO, “The goal for SinglePoint is to raise capital at the best terms we can in order to capitalize on the host of opportunities we have in the hemp derived CBD space. We are already filling multiple orders and will be able to expand our sales and marketing as well as receive the best pricing from our suppliers with larger purchase orders.”
The company has been highly focused on the hemp market. From selling finished products on SingleSeed.com to bulk sales of raw material. SingleSeed has been establishing its footprint in the supply chain of the hemp derived CBD market. Additionally, the company has invested in TorusMed a business setting out to produce specific strains of CBD through commercial size photobioreactors.
According to a new estimate from cannabis industry analysts the Brightfield Group, the hemp-CBD market alone could hit $22 billion by 2022. SinglePoint through its subsidiary SingleSeed is tapping into this market through the expansion into multiple services and products offered.
About SinglePoint, Inc.
SinglePoint, Inc (SING) is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry.
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 future plans and objectives of the Company, 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.
