SinglePoint (OTCQB: SING) on Monday announced that CFO
Corey Lambrecht discussed an outline of the company’s direction on the
Cleantech and Climate Change Podcast. Lambrecht also discussed unaudited 2019
financial results for SING’s Direct Solar of America subsidiary, which the company
acquired in May of 2019. “What I can say is that it finished with a couple
million dollars in revenue for that particular year,” SinglePoint CFO Corey
Lambrecht stated during the podcast. To listen to the podcast, visit http://ibn.fm/u9SEs
In addition, the company this morning announced that its
Direct Solar of America subsidiary is expanding its national solar brokerage
footprint to include Minnesota and Wisconsin. As recently reported in the Star
Tribune, Legislators in Minnesota have summarized their 2020 agenda including a
requirement that all the electrical energy generated for the state come from
carbon-free sources such as wind and solar power. “This is an exciting time for
the company as the appetite for solar and energy storage solutions continue to
rise, we look forward to continuing to add markets such as Wisconsin and
Minnesota to fuel our growth in the residential and light commercial sector,”
SinglePoint chairman & CEO Greg Lambrecht stated in the news release. “The
solar and clean energy solutions (both in the Americas and globally) have
undergone enormous change over the last decade and we feel the acquisition of
Direct Solar of America has firmly positioned SinglePoint and its stakeholders
to take advantage of the opportunities created by these changes as we move into
the next 10 years that is being described as the Solar+ Decade.”
About SinglePoint, Inc.
Founded in 2011 SinglePoint, Inc. invests in and acquires
brands and companies that will benefit from injection of growth capital and the
sales and marketing expertise of SinglePoint. The company portfolio currently
includes solar, hemp and technology applications. SinglePoint is working to
grow the company to a multi-national brand. 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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