SinglePoint (OTCQB: SING) today announced that it is
ramping up its effort to meet in bound demand for hand sanitizer and other
sanitizing products. According to the update, SinglePoint recently entered into
an LOI that quickly progressed to a JV Agreement (“JV”) with Box-Bioscience
that will provide both parties the capability to enhance supply and expand
sales opportunities of hand sanitizer. With successful rollout of Klen,
SinglePoint has been approached by larger retailers to supply bulk products,
setting the stage for a JV between the two companies to supply hand sanitizer
manufactured to current FDA guidelines. Box, with new sales and inquiries
happening daily, has already completed orders with multiple accounts, including
segments of Fortune 500 companies around the nation. “We are excited to work
with SinglePoint to expand and grow our collective business. We have seen
multiple Purchase Orders and we expect an increase over the coming months as
many retailers and businesses change protocols around sanitizing,” Box
Bioscience Founder Ryan Cowell said in the news release. “This is a true B2B
play with nearly all businesses needing hand sanitizer for customers and
employee’s protection.”
To view the full press release, visit http://ibn.fm/fPn2w
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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