SinglePoint (OTCQB: SING) today provided a company update highlighting the company’s increased revenue, recent acquisitions and Form 10 filing with the Securities and Exchange Commission (“SEC”). Throughout the past year, the company has successfully integrated its acquisitions, which has been attributed as a key factor to the company’s increased revenues. For the first quarter of 2018, SinglePoint reported revenues of over $188,000, representing a significant increase compared to the same period of 2017. The company believes that the transparency and credibility provided by its recently filed Form 10-12G will also result in future growth. “We built a solid base throughout 2017 and have been building upon that in 2018 which has led to SinglePoint starting to generate a major increase in revenue compared to previous years. We are looking to acquire companies that are cash flow positive. This will give SinglePoint the ability to operate and continue taking risks in hyper growth opportunities,” SinglePoint CEO Greg Lambrecht stated in the news release.
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About SinglePoint, Inc.
SinglePoint, Inc (SING) is a technology and investment company with a focus on acquiring companies that will benefit from our management, potential 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. For more information, visit the company’s website at www.SinglePoint.com.
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