NetworkNewsBreaks – SinglePoint, Inc. (SING) Sub
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Posted On: 07/23/2019 3:54:36 PM
NetworkNewsBreaks – SinglePoint, Inc. (SING) Subsidiary Direct Solar Achieves $3.4M in Contracts in Just 60 Days
Technology and investment company SinglePoint (OTCQB: SING) today announced that Direct Solar has surpassed expectations in signing contracts to deploy $1,709,852 in solar installs over the past 30 days, bringing its two month totals to $3,419,312 in contracts, $1,687,886 in revenue and $757,700 in net. According to the update, most of the revenue derived from these contracts will be recognized throughout the third and fourth quarter. It is expected that the previous 30 days should generate approximately $884,117 in gross and $396,159 in net. SinglePoint and Direct Solar management teams are very optimistic for the company’s future as solar becomes more and more mainstream, and the quick growth proves Direct Solar has found a unique market niche that supports both the customer’s and the contract’s needs.
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 Direct Solar has surpassed expectations in signing contracts to deploy $1,709,852 in solar installs over the past 30 days, bringing its two month totals to $3,419,312 in contracts, $1,687,886 in revenue and $757,700 in net. According to the update, most of the revenue derived from these contracts will be recognized throughout the third and fourth quarter. It is expected that the previous 30 days should generate approximately $884,117 in gross and $396,159 in net. SinglePoint and Direct Solar management teams are very optimistic for the company’s future as solar becomes more and more mainstream, and the quick growth proves Direct Solar has found a unique market niche that supports both the customer’s and the contract’s needs.
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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