NetworkNewsBreaks – SinglePoint, Inc. (SING) Com
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Technology and investment company SinglePoint (OTCQB: SING) this morning announced successful completion of the Asset Purchase Agreement with Direct Solar and AI Live Transfers dated February 22, 2019. According to the update, Direct Solar is SinglePoint’s largest acquisition to date, and instantly places the company into renewable energy markets. “This acquisition will securely place SinglePoint on a new path towards growth, revenue and overall profitability,” SinglePoint CEO Greg Lambrecht said in the news release. “We believe Direct Solar has the people and ability to scale beyond initial projections and truly make an impact on SinglePoint’s goal of getting a NASDAQ or NYSE listing. We believe in the following 12 months from the date of the acquisition, revenues will be in the multiple millions along with profitability. This acquisition is a new opportunity and puts SinglePoint on a whole new trajectory path.”
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