Investor News Source

SinglePoint Inc. (OTC:SING) Outlines Strategic Initiatives to Secure Leadership Position in Renewable Energy Sector

LogoNear-term expansion opportunities to transform the traditional sales model in high-value renewable energy sector with initial focus on solar energy

Singlepoint Inc. (OTC:SING) Consolidates Debt in Order to Expand Nationally

LogoSinglePoint Restructures Toxic Debt with Existing Secured Convertible Promissory Notes, Eliminating Additional Conversions Under the Note, Positioning the Company for Long Term Growth Opportunity in Solar Industry building a National Solar Network

The Solar Sector Continues to Generate Powerful Returns Attracting Notable Investments

LogoSinglePoint Inc. (OTC:SING) through its subsidiary, Direct Solar of America, has established themselves as a leading originator in the domestic US Solar Industry. Having signed multiple agreements in the last six weeks with industry titans, the company has positioned itself to lead a new generation in the solar industry. Timing is impeccable as most recently we have seen multiple solar companies rally. Sunrun merged Vivint Solar in one of the largest transactions to date. Invesco Solar ETF has spiked almost 300% in the last year and First Solar has had its biggest move in almost 9 years.

SinglePoint Inc. (OTC:SING) Subsidiary Direct Solar of America, Signs First-of-Its-Kind Agreement with Soligent Distribution LLC, the Nation's Largest Solar Materials Supplier

LogoSinglePoint Inc (OTC:SING) is pleased to announce the company's solar subsidiary Direct Solar of America has signed an agreement with Soligent Distribution LLC. The agreement provides Direct Solar of America the ability to sell, finance and supply contractors with the materials every project needs through Direct Solar of America. This provides instant growth for the company as the company will recognize additional revenue streams and profit through the agreement.

SinglePoint Highlights Recent Corporate Developments, Including Toxic Debt Restructure and Agreements with Stellar Solar and Standard Eco Solar

LogoSinglePoint Inc. (OTC:SING) recaps and highlights recent corporate developments. SinglePoint management has made a conscious and deliberate effort to position the Company to capitalize on the emerging growth opportunities in the U.S. solar industry, primarily in residential rooftops and small commercial installation opportunities. SinglePoint believes that a focused solar-centric strategy will deliver measurable and quantifiable results. The Company is focused on capturing market share through the buildout of our national solar network as well as growing the annual revenues and profitability within the business segments that should increase shareholder value.

Singlepoint Inc. (OTC:SING) Restructures Millions of Dollars in Toxic Debt After Investor Concerns

LogoSinglePoint Inc. (OTC:SING) announced the Company has restructured two current secured convertible promissory notes (the "Notes") which eliminated a large portion of its existing debt on its balance sheet. Pursuant to the Amendment, the Lenders agreed to refrain from making any conversion under the Notes subject to the terms, amendments, conditions and understandings expressed in the Amendment, extended the maturity date, provided monthly cash payment terms, and removed the toxic derivative debt on the Company's balance sheet. The Agreement outlines a comprehensive restructuring that improves the Company's balance sheet.

SinglePoint Inc. (OTC:SING) Doubling Revenue and Reducing Debt, Two New Agreements Look to Shakeup SinglePoints Financials for the Next Move Up

LogoSinglePoint Inc. (OTC:SING) is excited to announce the latest video in which President Wil Ralston touches on multiple developments potentially changing the underlying fundamentals for the company in order to make way for a major move in the right direction.

SinglePoint (OTC:SING) Subsidiary Estimates Nearly 20% Increase in Revenue and Almost 60% Gross Margins, Up Significantly from Q2 2020

LogoSinglePoint Inc. (OTC:SING) is pleased to announce Direct Solar America estimates revenue numbers increasing nearly 20% prior to the end of Q3 and achieving nearly 60% gross margins throughout the quarter, a phenomenal feat in the current business climate.

SinglePoint Inc. Increased Gross Profit to over 60% in August as a Result of Efficiencies Driven by the Pandemic

LogoSinglePoint 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.

SinglePoint Inc. (OTC:SING) President Shares Video Update Overviewing Solar Strategy

LogoThere is a new national solar power player rising. SinglePoint, Inc. (OTC:SING) has stated and is executing on its strategic plan to become the next national provider of solar+ services through a targeted national roll up strategy with the goal of having residential and commercial installers and vendor partners in all 50 states. Already operating in 34 states the company currently serves residential and commercial with its industry leading sales model through Direct Solar America. The company announced its plan to acquire additional companies in the space to quickly capture market share, grow revenue and to ultimately drive long term profitability.