Technology and investment company SinglePoint (OTCQB: SING) and Direct Solar today
announced the official addition of three new service areas, with a fourth on
the way. The company has added Tampa, Orlando and St. Louis, and will activate
Miami in the near future, and has deployed teams in these areas to drive Direct
Solar’s explosive growth. This follows Direct Solar’s signing contracts to
deploy $1,709,460 in solar installs over the previous 30 days, expected to
generate revenue of approximately $803,769 in gross and $361,541 in net. “This
acquisition puts SinglePoint on a huge trajectory path. This is not only a
homerun but a grand slam in our eyes. These revenues and profits provide
SinglePoint the ability to be in a profitable cash flow position and the
opportunity to aggressively expand sales,” SING CEO Greg Lambrecht stated in
the news release. “For every dollar we are putting into marketing we are seeing
a return of five. Expanding in additional major markets would exponentially
increase the revenues on top of the already explosive growth.”
To view the full press release, visit http://ibn.fm/icqyM
About SinglePoint, Inc.
SinglePoint, Inc (SING) is a technology and acquisition
company with a focus on acquiring companies that will benefit from the
injection of growth capital and technology integration. The company’s portfolio
includes mobile payments, ancillary cannabis services, blockchain solutions and
renewable energies. 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
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