NetworkNewsBreaks – SinglePoint, Inc. (SING) to
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Posted On: 05/21/2019 3:40:22 PM
NetworkNewsBreaks – SinglePoint, Inc. (SING) to Acquire ProActive Nutra; President Featured on Investor Ideas Potcast
Technology and investment company SinglePoint (OTCQB: SING) today announced a letter of intent to acquire ProActive Nutra, a GMP, FDA compliant CBD, mushroom and herbal cleanser manufacturing company. According to the update, the company operates in a GMP-compliant facility and currently manufactures over 30 products for the ProActive Nutra brand and many others as a private labeled finished product. “This is an exciting opportunity for SinglePoint. We have been fulfilling CBD products and formulations for customers already, and to bring that process in-house through this acquisition while increasing our revenue as well is a win-win for SinglePoint,” SING CEO Greg Lambrecht said in the news release.
In addition, SinglePoint announced that its President Will Ralston was featured on an Investor Ideas Potcast, hosted by Investorideas.com, a global news source covering leading sectors including cannabis and solar stocks, to discuss the company’s recent acquisition of Direct Solar and its cross pollination business strategy (http://nnw.fm/TE5Tu). “This acquisition will securely place SinglePoint on a new path towards growth, revenue and overall profitability,” Greg Lambrecht, CEO of SinglePoint stated in a recent press release discussing the acquisition. “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.”
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 a letter of intent to acquire ProActive Nutra, a GMP, FDA compliant CBD, mushroom and herbal cleanser manufacturing company. According to the update, the company operates in a GMP-compliant facility and currently manufactures over 30 products for the ProActive Nutra brand and many others as a private labeled finished product. “This is an exciting opportunity for SinglePoint. We have been fulfilling CBD products and formulations for customers already, and to bring that process in-house through this acquisition while increasing our revenue as well is a win-win for SinglePoint,” SING CEO Greg Lambrecht said in the news release.
In addition, SinglePoint announced that its President Will Ralston was featured on an Investor Ideas Potcast, hosted by Investorideas.com, a global news source covering leading sectors including cannabis and solar stocks, to discuss the company’s recent acquisition of Direct Solar and its cross pollination business strategy (http://nnw.fm/TE5Tu). “This acquisition will securely place SinglePoint on a new path towards growth, revenue and overall profitability,” Greg Lambrecht, CEO of SinglePoint stated in a recent press release discussing the acquisition. “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.”
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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