Technology and investment company SinglePoint (OTCQB: SING) this morning provided a recap of 2018 and insight into company initiatives, progress and previous and future acquisitions. Included in the update, SinglePoint reported significant revenue growth led by the acquisition of two companies, and it expects to top $1 million for 2018 and triple that in 2019 through additional acquisitions and continued growth of current portfolio companies. “SinglePoint has had an excellent 2018, and, overall, it has been a huge year for establishing the company,” SinglePoint CEO Greg Lambrecht stated in the news release. “We plan to take that momentum and carry it forward into 2019. Adding revenue, adding a portfolio of companies, being diversified and bringing multiple new solutions to market has made for a great setup to a big 2019. We expect to get back to the levels we were at in early 2018 and grow to surpass those numbers. We have the right team, the right products and opportunities to make a successful business and look forward to our shareholders sharing in that success as well.”
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About SinglePoint, Inc.
SinglePoint, Inc. 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
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