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Wednesday, April 18, 2018
SinglePoint (OTCQB: $SING) Signs LOI to Acquire Ancillary Cannabis Products Provider Phoenician Engineering
SinglePoint
(OTCQB: $SING) Signs LOI to Acquire
Ancillary Cannabis Products Provider Phoenician Engineering
Seattle,
WA - April 18th 2018 – (Investorideas.com Newswire) SinglePoint Inc.
(OTCQB: SING) announces Letter
of Intent to wholly acquire Phoenician Engineering. Headquartered in Phoenix
Arizona, Phoenician provides both consumer products as well as commercial grade
equipment. Phoenicians’ main products are medical grade grinders for consumers
and soon to launch a grinder for commercial use. The company is currently in dispensaries
throughout America and ships products internationally.
Read this news in
full at http://www.investorideas.com/CO/SING/news/2018/04181LOI.asp
Phoenician
currently has nine issued patents, three trademarks and additional patents
pending. This will provide SinglePoint valuable IP to add to its growing asset
class. Phoenician has also worked with multiple influencers such as Sublime
with Rome and more. Phoenician is one of the most well-known consumers grinders
in the market because of its quality and lifetime guarantee. The founders will
stay on board through the acquisition and continue to grow the company with
SinglePoint. SinglePoint plans to help increase, the already profitable sales,
through ecommerce and online advertising.
SinglePoint
and Phoenician are currently working through due diligence and the completed
transaction is expected to happen soon. “We are ready to close this deal. We
have 100% confidence in the founders of the company. They have built a
sustainable, scalable business. We believe we can help take it to the next
level. They are right in our backyard here in Phoenix so working closely
alongside will be easy. With their product and an injection of our funding and
ecommerce knowledge I believe we can 5x revenue in the first 18 months,” states
Greg Lambrecht CEO. “We are incredibly
exited to be working though due diligence with SinglePoint. This is a great opportunity for synergistic
and collaborative efforts to come together and add tremendous value,” states
Colton Dukat, CEO of Phoenician.
As
of April 16th 2018 SinglePoint has concluded its two year audit and
plans to file a form-10 to become fully reporting. Management believes this
will give the company additional access to more capital on better funding
terms. This capital will be used for acquisitions such as Phoenician
Engineering and others in order to grow the company revenues and increase shareholder value.
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.
Corporate
Communications Contact:
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
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
View the profile on Investorideas.com
View the profile on Investorideas.com
Disclaimer: This directory is not a recommendation to buy or sell
securities or products or services Investorideas.com charges
a fee for placement. The directory is not an endorsement or recommendation but
meant to be an investor resource/ due diligence tool.
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news,
articles and equity research as well as creates original content, including
video, interviews and articles. Original content created by investorideas is
protected by copyright laws other than syndication rights. Our site does not
make recommendations for purchases or sale of stocks, services or products.
Nothing on our sites should be construed as an offer or solicitation to buy or
sell products or securities. All investment involves risk and possible loss of
investment. This site is currently compensated for news publication and
distribution, social media and marketing, content creation and more. Contact
each company directly regarding content and press release questions. Disclosure
is posted for each compensated news release, content published /created if
required but otherwise the news was not compensated for and was published for
the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. SinglePoint, Inc. (OTC: SING) is a paid PR news and social
media client on Investorideas.com for bitcoin and cannabis – more details http://www.investorideas.com/About/News/Clientspecifics.asp
Additional info regarding BC Residents and global Investors:
Effective September 15 2008 - all BC investors should review all OTC and Pink
sheet listed companies for adherence in new disclosure filings and filing
appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
Tuesday, April 17, 2018
Investorideas.com - Pennsylvania Health Department Approves Allowing Patients to Vaporize Whole Plant Marijuana Flowers, Adding Qualifying Conditions to Program
Investorideas.com - Pennsylvania Health Department Approves Allowing Patients to Vaporize Whole Plant Marijuana Flowers, Adding Qualifying Conditions to Program
Get the latest Cannabis and Hemp stock news from www.investorideas.com
Get the latest Cannabis and Hemp stock news from www.investorideas.com
Investorideas.com - Major Cannabis Player Sees Florida Sales Surge Over 250% and Will Acquire 75% Ownership in Massachusetts Deal
Investorideas.com - Major Cannabis Player Sees Florida Sales Surge Over 250% and Will Acquire 75% Ownership in Massachusetts Deal
Get the latest Cannabis and Hemp stock news from www.investorideas.com
Get the latest Cannabis and Hemp stock news from www.investorideas.com
SinglePoint (OTC: $SING) Successfully Completes Audit and Starts Process to File Form 10 In Route to Become Fully Reporting
SinglePoint (OTC: $SING)
Successfully Completes Audit and Starts Process to File Form 10 In Route to
Become Fully Reporting
SEATTLE,
WA - April 17, 2018 (Investorideas.com Newswire) SinglePoint (OTC:SING) is pleased to
announce the finalization and successful completion of PCAOB corporate audit.
SinglePoint has been working side by side with Turner Stone and Company in
order to complete the 2016 and 2017 corporate audit and will now take the necessary
steps to become fully reporting by filing a Form 10.
Completion
of the corporate audit and filing a Form 10 will give SinglePoint access to
raise additional capital on better terms for the company. Additionally, the
company believes this will open the doors for institutional and family offices
to invest in the open market, provide increased investor confidence and improve
shareholder value. This will provide the company the means to aggressively
continue its acquisition strategy and development of the company's blockchain
and cannabis payment solutions.
"We
as management are very excited to have completed the audit. We have already
received term sheets from potential capital partners to raise up to $20,000,000
on friendly terms. This is a major step for the company and I am very
confident, more so than ever, in the company's ability to successfully build
upon the solid infrastructure we now have. Currently there are three
acquisition targets in negotiations. We look forward to closing these deals and
continue expansion into the cannabis market," states Greg Lambrecht CEO
SinglePoint.
SinglePoint, Inc (OTC: 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:
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.
Corporate Communications Contact:
NetworkNewsWire
(NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
SOURCE:
SinglePoint, Inc.
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
View the profile on Investorideas.com
View the profile on Investorideas.com
Disclaimer: This directory is not a
recommendation to buy or sell securities or products or services Investorideas.com charges
a fee for placement. The directory is not an endorsement or recommendation but
meant to be an investor resource/ due diligence tool.
Disclaimer/Disclosure: Investorideas.com is
a digital publisher of third party sourced news, articles and equity research
as well as creates original content, including video, interviews and articles.
Original content created by investorideas is protected by copyright laws other
than syndication rights. Our site does not make recommendations for purchases
or sale of stocks, services or products. Nothing on our sites should be
construed as an offer or solicitation to buy or sell products or securities.
All investment involves risk and possible loss of investment. This site is
currently compensated for news publication and distribution, social media and
marketing, content creation and more. Contact each company directly regarding
content and press release questions. Disclosure is posted for each compensated
news release, content published /created if required but otherwise the news was
not compensated for and was published for the sole interest of our readers and
followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp.
SinglePoint, Inc. (OTC: SING) is a paid PR news and social media client
on Investorideas.com for
bitcoin and cannabis – more details http://www.investorideas.com/About/News/Clientspecifics.asp
Additional info regarding BC Residents and global Investors:
Effective September 15 2008 - all BC investors should review all OTC and Pink
sheet listed companies for adherence in new disclosure filings and filing
appropriate documents with Sedar. Read for more info: http://www.bcsc.bc.ca/release.aspx?id=6894.
Global investors must adhere to regulations of each country.
Monday, April 16, 2018
Investorideas.com - Trump Administration Supports Leaving Marijuana Policy to States
Investorideas.com - Trump Administration Supports Leaving Marijuana Policy to States
Get the latest Cannabis and Hemp stock news from www.investorideas.com
Get the latest Cannabis and Hemp stock news from www.investorideas.com
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