Technology and investment company SinglePoint (OTCQB: SING) and Direct Solar today announced the official addition of three new service areas, with a fourth on the way. The company has added Tampa, Orlando and St. Louis, and will activate Miami in the near future, and has deployed teams in these areas to drive Direct Solar’s explosive growth. This follows Direct Solar’s signing contracts to deploy $1,709,460 in solar installs over the previous 30 days, expected to generate revenue of approximately $803,769 in gross and $361,541 in net. “This acquisition puts SinglePoint on a huge trajectory path. This is not only a homerun but a grand slam in our eyes. These revenues and profits provide SinglePoint the ability to be in a profitable cash flow position and the opportunity to aggressively expand sales,” SING CEO Greg Lambrecht stated in the news release. “For every dollar we are putting into marketing we are seeing a return of five. Expanding in additional major markets would exponentially increase the revenues on top of the already explosive growth.”
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About SinglePoint, Inc.
SinglePoint, Inc (SING) is a technology and acquisition company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company’s portfolio includes mobile payments, ancillary cannabis services, blockchain solutions and renewable energies. 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://nnw.fm/SING
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