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Posted On: 01/28/2021 10:03:56 AM
Post# of 107164
SING
SinglePoint Inc. Strengthens Balance Sheet with Elimination of Convertible Secured Note Agreement
- Company significantly improves balance sheet with elimination of all external debt and all future external convertible debt
- Well-positioned for future expansion opportunities as it continues to build the most comprehensive national solar network
PR Newswire
PHOENIX, Jan. 28, 2021
PHOENIX, Jan. 28, 2021 /PRNewswire/ -- SinglePoint Inc. (OTC: SING) ("SinglePoint" or the "Company"
, a company focused on providing renewable energy solutions, announced today that the Company has settled the remaining balance of the Convertible Secured Note Agreements with Iliad Trading Company and UAHC Ventures which eliminates all external debt conversions. The elimination of the remaining balance removes future conversions under the Note and removes all derivative (toxic) debt from the Company's Balance Sheet.
SinglePoint Inc. Strengthens Balance Sheet with Elimination of Convertible Secured Note Agreement
- Company significantly improves balance sheet with elimination of all external debt and all future external convertible debt
- Well-positioned for future expansion opportunities as it continues to build the most comprehensive national solar network
PR Newswire
PHOENIX, Jan. 28, 2021
PHOENIX, Jan. 28, 2021 /PRNewswire/ -- SinglePoint Inc. (OTC: SING) ("SinglePoint" or the "Company"
, a company focused on providing renewable energy solutions, announced today that the Company has settled the remaining balance of the Convertible Secured Note Agreements with Iliad Trading Company and UAHC Ventures which eliminates all external debt conversions. The elimination of the remaining balance removes future conversions under the Note and removes all derivative (toxic) debt from the Company's Balance Sheet.
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