Technology and investment company SinglePoint (OTCQB: SING) recently acquired solar energy business Direct Solar, significantly broadening the company. An article discussing the company reads, “The success of Direct Solar is creating a solid financial base for SING as it continues to expand and seek out additional acquisitions. ‘The traction we have experienced so far has been amazing,’ Direct Solar Founder Pablo Diaz stated in a news release (http://cnw.fm/hYQR0). ‘We are thrilled for the achievements we have accomplished and are looking forward to continually improving. We are now exploring ways to generate additional sales through innovative marketing strategies. I’m confident we will hit $15 million in 2020.’ . . . Singlepoint acquires small to mid-sized businesses. The company’s focus is on new technologies. Investments in renewable energy, legal ancillary cannabis and hemp are only a few examples of the multiple industries and verticals included in SinglePoint’s diversified portfolio. By investing in undervalued subsidiaries, the company has grown from a full-service mobile technology provider to a recognizable brand with multiple revenue streams. The company is currently seeing exponential growth due to its involvement in alternative energy.”
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About SinglePoint Inc.
SinglePoint 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://cnw.fm/SING
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