Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning announced the acquisition of ShieldSaver, a technology company disrupting the automotive repair and maintenance industry. The acquisition expands the company’s blockchain initiatives into the automotive industry. The company is currently developing a blockchain solution to enable ShieldSaver to keep an indisputable record of problems and repairs on vehicles, providing analytics of an individual car’s history. SinglePoint has added five developers to its technology team who are architecting the blockchain solution. Additionally, SinglePoint announced that it is further expanding its blockchain development capabilities with plans to hire another team to focus exclusively on designing and implementing the company’s blockchain solutions in the cannabis, medical and automotive industries. Company management intends to have the new team operating by the beginning of May 2018, which will dramatically increase the launch of projects.
To view the full press release, visit http://ibn.fm/L7gZd
Let us hear your thoughts: SinglePoint, Inc. Message Board
About SinglePoint, Inc.
SinglePoint, Inc. (SING) has grown from a full-service mobile technology provider to a publicly traded holding company. Through diversification into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued subsidiaries, thereby providing a rich, diversified holding base. For more information, visit www.SinglePoint.com.
About QualityStocksNewsBreaks
QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.
QualityStocks (QS)
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Scottsdale, Arizona
www.QualityStocks.com
480.374.1336 Office
Editor@QualityStocks.com
Please see full terms of use and disclaimers on the QualityStocks website applicable to all content provided by QS, wherever published or re-republished: http://www.qualitystocks.net/disclaimer.php
No comments:
Post a Comment