NetworkNewsBreaks – SinglePoint, Inc. (SING) Exp
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Posted On: 05/17/2019 4:20:58 PM
NetworkNewsBreaks – SinglePoint, Inc. (SING) Expects Dramatic Increase in Revenue, Profitability Through Direct Solar Asset Acquisition
Technology and investment company SinglePoint (OTCQB: SING) on Thursday announced that it expects to dramatically increase revenues after completion of its largest deal to date, the asset acquisition of Direct Solar. According to the update, Direct Solar’s Lending Tree/Rocket Mortgage model allows expansion throughout the U.S. and globally and, with the backing of SinglePoint, Direct Solar will have the ability to quickly scale into new markets and establish the company’s foothold in the solar sector. “This acquisition will securely place SinglePoint on a new path towards growth, revenue and overall profitability,” SinglePoint CEO Greg Lambrecht stated in the news release. “We believe Direct Solar has the people and the ability to scale beyond initial projections and truly make an impact on SinglePoint's goal of getting a NASDAQ or NYSE. 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.”
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) on Thursday announced that it expects to dramatically increase revenues after completion of its largest deal to date, the asset acquisition of Direct Solar. According to the update, Direct Solar’s Lending Tree/Rocket Mortgage model allows expansion throughout the U.S. and globally and, with the backing of SinglePoint, Direct Solar will have the ability to quickly scale into new markets and establish the company’s foothold in the solar sector. “This acquisition will securely place SinglePoint on a new path towards growth, revenue and overall profitability,” SinglePoint CEO Greg Lambrecht stated in the news release. “We believe Direct Solar has the people and the ability to scale beyond initial projections and truly make an impact on SinglePoint's goal of getting a NASDAQ or NYSE. 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.”
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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