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Singlepoint, Inc. SING
(Total Views: 451)
Posted On: 02/20/2019 4:23:12 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – SinglePoint Inc. (SING) Inks LOI to Raise up to $12M

Technology and investment company SinglePoint (OTCQB: SING) today announced that it has signed a letter of intent (“LOI”) to raise up to $12,000,000. The capital, which comes on advantageous terms to SING, is only available at the company’s discretion. SING is currently negotiating final terms and will file a registration statement with the SEC upon execution of the agreement. “The goal for SinglePoint is to raise capital at the best terms we can in order to capitalize on the host of opportunities we have in the hemp derived CBD space. We are already filling multiple orders and will be able to expand our sales and marketing as well as receive the best pricing from our suppliers with larger purchase orders,” SinglePoint CEO Greg Lambrecht stated in the news release.

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