SinglePoint (OTCQB: SING), a technology and investment company, anticipates large growth and sustainability from its Direct Solar subsidiary, which it believes could achieve sales up to $25 million in FY2020 (http://nnw.fm/vkV9W). A recent article discussing the company reads, “CEO Greg Lambrecht announced increased revenues and profits on ‘MoneyTV with Donald Baillargeon’ (http://nnw.fm/fK1CR), noting that SinglePoint’s future looks promising. ‘Our projection for fourth quarter is closer to $3 million. This isn’t stopping,’ stated Lambrecht. ‘This is going in the right direction, and we couldn’t be happier. Last year in Q3 we did $381,037, which is no small number, but to do a million this quarter of 2019 is just amazing. The revenues I’ve been talking about for the past three to six months are starting to come in.’ He went on to share that shareholders are beginning to see profit growth, adding that ‘the stock will be soon to follow.’ . . . Direct Solar, a leading residential and commercial solar brokerage and SinglePoint’s most recent acquisition, has exceeded revenue growth targets and is a key part of SING’s success. According to Lambrecht, the company’s revenues will continue to grow as Direct Solar continues expansion into new markets.”
To view the full article, visit http://nnw.fm/oG37m
About SinglePoint Inc.
SinglePoint is a technology and acquisition company with a focus on acquiring companies that will benefit from management, capital and technology integration. The portfolio includes mobile payments, industrial hemp and renewable energy solutions. Through acquisitions into horizontal markets, the company is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, SinglePoint provides 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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