Technology and investment company SinglePoint (OTCQB: SING) today announced that, since
completion of the acquisition, Direct Solar has secured $421,808 in solar
installation contracts. According to the update, SinglePoint expects most of
Direct Solar-driven revenue to be recorded on third quarter financial statements.
“We are very pleased with the performance of Direct Solar and their entire
team,” SinglePoint President Wil Ralston said in the news release. “Since
closing the acquisition they have really outperformed everyone’s initial
expectation. The goal was $1,000,000 a month after 90 days and it would appear,
we are going to hit that sooner than anticipated. In addition to this major
success in residential the team is also working on a small business funding
relationship that would provide Direct Solar the ability to qualify small
business customers and lend out up to $100,000,000 for solar projects. The
funding for this market is very sparse right now and we believe this option
with our funding partner will put us in the leadership position to attack this
major market.”
To view the full press release, visit http://ibn.fm/MPjSy
About SinglePoint Inc.
SinglePoint, Inc. 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.
NOTE TO INVESTORS: The latest news and updates
relating to SING are available in the company’s newsroom at http://ibn.fm/SING
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