CannabisNewsBreaks – SinglePoint, Inc. (SING) Reaches Fully Reporting Status; Posts Q2 Financial Results

August 22, 2018 10:25:30

SinglePoint (OTCQB: SING) this morning announced that it has achieved fully reporting status by filing Form 10-12G. The company also reported year-over-year progresses for the second quarter and six months ended June 30, 2018. The company reported a revenue increase of almost 100% from the second quarter of 2017 to the second quarter of 2018. The company attributes its revenue of over $500,000 during the first six months of 2018 primarily to numerous positive acquisitions. SinglePoint aims to continue fast-tracking revenue growth through strategic acquisitions and anticipates further organic growth. “As a fully reporting company, I believe we will have additional opportunities to grow our existing businesses and potentially entertain larger acquisitions,” SinglePoint CEO Greg Lambrecht stated in the news release. “We are excited to continue business with increased transparency and credibility. It took all of our efforts and attention to file the Form 10-12G, and we are now ready and able to fully focus on the deals in front of us.”

To see the full filing, visit http://cnw.fm/i5Niq

To view the full press release, visit http://cnw.fm/4kJiJ

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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