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$SING Sept. 22, 2020 -- SinglePoint Inc. (OTC: SIN

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Post# of 44192
(Total Views: 47)
Posted On: 09/23/2020 7:37:18 AM
Posted By: hotforpenny
$SING Sept. 22, 2020 -- SinglePoint Inc. (OTC: SING) is excited to provide investors with a company update; Gross profit increased to over 60% in August as result of efficiencies driven by the pandemic. In 2019, SinglePoint acquired Direct Solar America. At the time the majority of sales were door to door. As a result of the pandemic, Direct Solar modified its business model to a virtual model thus reducing the high cost of door to door sales. As a company, being able to virtually meet with potential clients has resulted in significant cost reductions and increased profitability. Direct Solar America now operates in 34 states and continues to grow at a rapid pace. The company's 12 month estimated Revenue Run rate is targeting $10,000,000. https://finance.yahoo.com/news/singlepoint-sh...00917.html


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