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Singlepoint, Inc. SING
(Total Views: 217)
Posted On: 12/23/2019 3:28:20 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – SinglePoint Inc. (SING) Anticipates Significant Growth from Direct Solar Subsidiary

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.”

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