NetworkNewsBreaks – SinglePoint, Inc. (SING) Rai
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Posted On: 11/14/2018 5:47:56 PM
NetworkNewsBreaks – SinglePoint, Inc. (SING) Raises up to $5M in New Funding to Drive Revenue and Shareholder Value
Technology and investment company SinglePoint (OTCQB: SING) today announced that the company recently signed to receive up to $5 million in new funding from an existing institutional shareholder. According to the update, the funding will be utilized in initiatives to drive revenue and overall shareholder value. “We are very excited to have raised this additional funding. It will really enable us to go out and execute on our plans. Being fully reporting and audited has helped us secure capital on favorable terms. With access to this capital we plan to continue acquiring larger companies to boost revenue and footprint in the cannabis and CBD space. We will also be able to launch sales and marketing campaigns for both SingleSeed, LastMile Delivery and SingleCoin. We will continue to develop new solutions as management sees fit and look at potential acquisitions knowing we have the capital and ability to acquire the targets,” SinglePoint CEO Greg Lambrecht stated in the news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
Technology and investment company SinglePoint (OTCQB: SING) today announced that the company recently signed to receive up to $5 million in new funding from an existing institutional shareholder. According to the update, the funding will be utilized in initiatives to drive revenue and overall shareholder value. “We are very excited to have raised this additional funding. It will really enable us to go out and execute on our plans. Being fully reporting and audited has helped us secure capital on favorable terms. With access to this capital we plan to continue acquiring larger companies to boost revenue and footprint in the cannabis and CBD space. We will also be able to launch sales and marketing campaigns for both SingleSeed, LastMile Delivery and SingleCoin. We will continue to develop new solutions as management sees fit and look at potential acquisitions knowing we have the capital and ability to acquire the targets,” SinglePoint CEO Greg Lambrecht stated in the news release.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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