NetworkNewsBreaks – SinglePoint, Inc. (SING) Rea
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SinglePoint (OTCQB: SING) this morning announced that it has achieved fully reporting status by filing Form 10-12G. The company also reported year-over-year progresses for the second quarter and six months ended June 30, 2018. The company reported a revenue increase of almost 100% from the second quarter of 2017 to the second quarter of 2018. The company attributes its revenue of over $500,000 during the first six months of 2018 primarily to numerous positive acquisitions. SinglePoint aims to continue fast-tracking revenue growth through strategic acquisitions and anticipates further organic growth. “As a fully reporting company, I believe we will have additional opportunities to grow our existing businesses and potentially entertain larger acquisitions,” SinglePoint CEO Greg Lambrecht stated in the news release. “We are excited to continue business with increased transparency and credibility. It took all of our efforts and attention to file the Form 10-12G, and we are now ready and able to fully focus on the deals in front of us.”
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