SinglePoint (OTCQB: $SING)
Provides Update Highlighting Increased Revenue, Acquisitions, and SEC Filing
SEATTLE
- August 8, 2018 (Investorideas.com Newswire) SinglePoint Inc. (OTC:SING) provides overall
company update including revenue, Form 10, acquisitions. SinglePoint over the
past year has been able to successfully integrate its acquisitions and reported
revenues of over $188,000 for the first quarter of 2018, which represents a significant
increase as compared to the first quarter of 2017. This revenue increase has
been generated by successful acquisitions continuing to grow and operate,
including DIGS and JAG.
Acquisitions
have been a key factor in starting to build a solid financial base and we
intend to continue to grow the company. We hope that our growth will continue
both organically and with larger investments and or acquisitions which can
further solidify our financial position.
"We
built a solid base throughout 2017 and have been building upon that in 2018
which has led to SinglePoint starting to generate a major increase in revenue
compared to previous years. We are looking to acquire companies that are cash
flow positive. This will give SinglePoint the ability to operate and continue
taking risks in hyper growth opportunities", states Greg Lambrecht CEO.
We
believe that our recently filed Form 10-12G with the SEC will provide more
transparency and credibility which will open doors to future growth.
SinglePoint is hopeful that with these new opportunities the company can
continue to build shareholder value and long-term appreciation, through
marketing and sales of current suite of services as well as acquisitions.
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 its subsidiary company SingleSeed, the company is providing products and services to the
cannabis industry.
Connect on social media at:
https://www.facebook.com/SinglePointMobile
https://twitter.com/_SinglePoint
https://www.linkedin.com/company/singlepoint
https://www.facebook.com/SinglePointMobile
https://twitter.com/_SinglePoint
https://www.linkedin.com/company/singlepoint
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.
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.
Singlepoint.com
Corporate
Communications Contact:
NetworkNewsWire
(NNW)
New
York, New York
www.NetworkNewsWire.com
212.418.1217
Office
Disclosure: SinglePoint, Inc. (OTC: $SING) is featured on the
420 Cannabis Investor Ideas of 2017 at www.420cannabisinvestorideas.com
SinglePoint, Inc. (OTC: SING) is a featured company on Investorideas.com
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