$SING The MicroCap Equity Research report issues a timeline of the Company's endeavors in 2016, which includes acquisitions of minority investments in two separate daily fantasy sports (DFS) enterprises, GoDraft and DraftFury. In the second half of the year, SinglePoint signed a funding agreement with Blackbridge Capital, LLC for up to $3 million in equity financing to fund the Company's acquisition strategy and expedite its current trek toward uplisting to the OTCQB. In November, following the legalization of recreational marijuana and medical cannabis, SinglePoint announced the accelerated strategies of its SingleSeed (www.singleseed.com) payments business to provide credit card processing solutions for the cannabis industry.
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