NetworkNewsBreaks – SinglePoint, Inc. (SING) on
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Posted On: 06/18/2019 3:28:10 PM
NetworkNewsBreaks – SinglePoint, Inc. (SING) on Route to Profitability in First 30 Days of Direct Solar Purchase
Technology and investment company SinglePoint (OTCQB: SING) today announced Direct Solar’s signing of contracts to deploy $1,709,460 in solar installs over the previous 30 days, with expected revenue of approximately $803,769 in gross and $361,541 in net. Per the update, these numbers put SinglePoint on a quick path to profitability from a cashflow standpoint, and management from both companies are excited to see Direct Solar’s continued growth through multiple avenues, including commercial. “This acquisition puts SinglePoint on a huge trajectory path. This is not only a home run, but a grand slam in our eyes,” SinglePoint CEO Greg Lambrecht said in the news release. “These revenues and profits provide SinglePoint the ability to be in a profitable cash flow position and the opportunity to aggressively expand sales. For every dollar we are putting into marketing we are seeing a return of five. Expanding in additional major markets would exponentially increase the revenues on top of the already explosive growth.”
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 Direct Solar’s signing of contracts to deploy $1,709,460 in solar installs over the previous 30 days, with expected revenue of approximately $803,769 in gross and $361,541 in net. Per the update, these numbers put SinglePoint on a quick path to profitability from a cashflow standpoint, and management from both companies are excited to see Direct Solar’s continued growth through multiple avenues, including commercial. “This acquisition puts SinglePoint on a huge trajectory path. This is not only a home run, but a grand slam in our eyes,” SinglePoint CEO Greg Lambrecht said in the news release. “These revenues and profits provide SinglePoint the ability to be in a profitable cash flow position and the opportunity to aggressively expand sales. For every dollar we are putting into marketing we are seeing a return of five. Expanding in additional major markets would exponentially increase the revenues on top of the already explosive growth.”
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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