=====================
SinglePoint, Inc. (SING)
Alert Price: $0.0131
Investor Presentation
Investor Tookit
Website | Recent News
========================
Members,
We've just uncovered another great technical setup that could result in a huge move this week.
Please turn your immediate attention to SinglePoint, Inc. (SING).
The Company recently reported that it has more than doubled revenue from the same period last year, from $311,237 in 2018 to $856,859 in 2019.
News of this growth should hit the Street by storm, and this $0.01 alert trading on the OTQCB could see its share price increase significantly!
In addition to the bullish Q2 numbers, an interview with the Company’s CEO Greg Lambrecht will air on The RedChip Money Report television program. The interview will air today, on Bloomberg International, available in 149 million homes across Europe, the Middle East, and Africa. Check local listings for times in your area.
In the exclusive interview, Lambrecht discusses the company’s rapidly expanding solar business segment and recent developments in the high-growth CBD space.
To view the interview segment, please visit: youtu.be/gkXbc4DUgxQ
About SinglePoint, Inc.
SinglePoint, Inc. (SING) is a diversified holding company with operations in multiple industries and verticals including two high-performing market sectors: legal cannabis and cryptocurrencies. SinglePoint has grown from a full-service mobile technology provider to a recognizable brand with a diverse portfolio of undervalued subsidiaries with multiple revenue streams.
SinglePoint is researching opportunities where it can be an active participant by influencing the strategy and direction of high-potential companies whose verified assets offer attractive possibilities for shareholders. The company is guided by a visionary leadership team with extensive experience in technology, engineering, marketing and raising capital.
SinglePoint is bullish on the cannabis industry, bitcoin and blockchain technologies, which is evident in its recent acquisitions and joint-venture announcements. Recent SinglePoint key highlights include:
A joint venture with Smart Cannabis Corporation (OTC: SCNA) to license and market Smart Cannabis’ SMART APP. SMART APP enables cannabis growers to measure all aspects of cultivation, from soil nutrient levels to watering cycles and carbon dioxide content in the air. SMART APP will integrate SinglePoint’s bitcoin payment solution to enable growers to process safer and more secure transactions.
A joint venture with Global Payout (OTC: GOHE) will build on existing financial technology solutions developed by SinglePoint and Global Payout’s subsidiary MoneyTrac Technology, Inc., to fully optimize the delivery of mobile payment applications for domestic and international organizations.
A joint venture with AppSwarm (OTC: SWRM) to start development on a proprietary delivery application that will enable licensed cannabis delivery services and licensed dispensaries to safely make in-home cannabis deliveries.
Signed original “Shark Tank” member Kevin Harrington as company spokesman for an innovative, compatible virtual wallet to store any type of cryptocurrency. Harrington recently finished shooting a new national ad campaign featuring SinglePoint and the virtual wallet’s secure method of storing cryptocurrencies.
Entered into a letter of intent to acquire 100 percent of Bitcoin Beyond, a premier platform that enables merchants to accept bitcoin payments using existing web-enabled point-of-sale devices.
Through SING subsidiary, SingleSeed, the company will soon offer a proprietary cryptocurrency solution that links both cannabis merchants and consumers who seek to take advantage of bitcoin-powered transactions using debit and credit cards. In addition to making bitcoin-backed card purchases possible, the solution enables cannabis dispensaries to digitally track and manage their product inventories, performing tasks like uploading product data, photos and descriptions. The system deducts items automatically from a dispensary’s product listings when a purchase is made. While this fully KYC-AML compliant point-of-sale platform can be utilized for any other retail setting, it will fill a critical need in the underbanked cannabis industry as it continues to seek non-cash payment solutions outside of traditional banking circles.
SinglePoint CEO and founder Greg Lambrecht leads the company in its mission to capture opportunities through an aggressive expansion strategy across a broad range of assets. Lambrecht oversees all company operations including investor relations, leadership of the board of directors, and daily business activities. As the founder of PCI, a leading consumer product distribution company, Lambrecht negotiated agreements with the nation’s largest retail outlets and led PCI through a NASDAQ listed IPO, raising $10 million.
Eric Lofdahl, SinglePoint’s chief technology officer, has more than 20 years of experience in the technology sector including positions in software development, program management, complex system integration and engineering process definition. Prior to SinglePoint, Lofdahl worked at the Boeing Company where he led a team that successfully developed advanced wireless and satellite data products based on commercial technology for the U.S. Air Force.
SinglePoint President Wil Ralston is well known for his successful track record of building and maintaining great relationships with clients. Ralston graduated cum laude from the WP Carey School of Business at Arizona State University with a degree in Global Agribusiness and a specialization in Professional Golf Management. He is currently recognized by the Professional Golfers Association of America (PGA) as a Class A Professional.
SING Product Lines
Payment Processing
Every business is unique. SinglePoints solutions are designed to meet your specific needs. From Restaurants to Gas Stations and e-commerce stores we are here to work with you on designing the solution that fits you best.
Below are some of the most common types of processing. Don’t worry if you don’t see your business type we can work with any business including High-Risk!!
Retail
This is when a customer is making a purchase face-to-face. Customers physically hand you their credit card and you swipe the card to start purchase transaction. Retail is typically the safest way to process transactions. This merchant type usually has the lowest Interchange rates of all six business types listed here.
Retail with Tip
This is the same as retail however the service you provide may have to option to include a tip. Examples are salons, quick serve coffee shops, and more.
Restaurant
Still a card present transaction just as retail is. The difference is that instead of paying up-front, customers are billed at the end. Servers can swipe the card at their point of sale machine and then come back later to adjust the amount to include a tip once the customer has signed the receipt.
MOTO
MOTO stands for Mail Order/Telephone Order. With this type of account your most likely do not see customers face to face. Expect higher rates as there is more room for error and fraud. However, our partners have security features in place for you, to help keep your processing costs low, such as fields to enter additional information to authenticate the transaction.
Internet / E-Commerce
Selling a product or service online? This is the account for you. Integrate with multiple shopping carts or utilize and API to tie into your own custom shopping cart. Customers will input their information to make the purchase. Your business will receive this order and payment and your ready to take the next steps in getting that customer their purchase.
Solar
A New Wave of Energy
SinglePoint has teamed up with Direct Solar to provide the most cost effective solar power systems for any needs. Currently serving, Arizona, Austin, Houston, San Antonio, El Paso, and South East New York for residential, commercial and municipal services.
Save money, save energy and receive more predictable energy costs through Solar. Energy costs can skyrocket at much as 300% during peak months and hours. Solar will reduce your need for on grid electricity and provide savings for your home and business.
Solar is Easy!
Our partner Direct Solar handles all the paperwork, permits, system requirement and everything in between. From call to install we will be there for you resulting in clean, hassle-free renewable energy for your home.
Zero money down
No upfront costs
FREE Installs
State / Federa incentives
SAVE MONEY on energy bills !!!
Text Marketing
Mobile Message Made Easy
Messaging – SinglePoint enables companies to send messages seamlessly to all mobile subscribers at one time. Easily send notifications, deals, coupons and even send a request for payment!
SMS – Commonly known as text messaging can send 160 character basic messages to your customers instantly.
High Open Rate
Reports show 99% of text messages are opened
Cross Device
All device support text. Consumers can receive text message no matter what device is being used
Used Daily
Text messaging is engrained in daily life. No need to download a new app.
Instantaneous
Reports show that 90% of text message are opened within three minutes of being sent.
Don't Miss Tonight's Interview On Bloomberg
SinglePoint Interview to Air on Bloomberg International on the RedChip Money Report
announced an interview with the Company’s CEO Greg Lambrecht will air on The RedChip Money Report television program. The interview will air Sunday, August 25, on Bloomberg International, available in 149 million homes across Europe, the Middle East, and Africa. Check local listings for times in your area.
In the exclusive interview, Lambrecht discusses the company’s rapidly expanding solar business segment and recent developments in the high-growth CBD space.
To view the interview segment, please visit: youtu.be/gkXbc4DUgxQ
The interview will also air in the US on the Family Channel on August 21 at 6 p.m., the Action Channel on Sunday August 25 at 11 a.m., and is available via live stream on American Business TV.
“The RedChip Money Report" delivers insightful commentary on small-cap investing, interviews with Wall Street analysts, financial book reviews, as well as featured interviews with executives of public companies.
Recent Developments:
SinglePoint Files Second Quarter Form 10-Q, Showing Major Revenue Increase Compared to Same Quarter in 2018
On August 15th, the Company announced that is has filed Form 10-Q for the quarterly period ending June 30th, 2019. The company has more than doubled revenue from the same period last year, from $311,237 in 2018 to $856,859 in 2019.
“We are very excited about the growth and path we are on. This is another step in the right direction for SinglePoint. We look forward to showing an even larger increase in Q3 as we will have the addition of Direct Solar projects that have closed and been funded. Everyone in the company has done a wonderful job and it's showing in the growth of revenue and number of opportunities being presented.” – Wil Ralston, President, SinglePoint
You can find the full report here: www.otcmarkets....com/filing/html?id=1359654...
Shareholder Update
SinglePoint Inc. (SING) provides shareholder update on key company initiatives. SinglePoints most recent acquisition, Direct Solar, has been a major success having the largest weekend in contracts closed to date. Direct Solar is fundamentally changing SinglePoint’s underlying structure and building a solid financial base for the company to continue growth and acquisitions. Direct Solar has exceeded expectations, growing quickly and providing opportunities such as commercial solar applications and renewable energy financing options.
Direct Solar enables residential solar customers to shop their options in order to find the best option for the home. Similar to Rocket Mortgage or Lending Tree, Direct Solar representatives are able to provide homeowners with a variety of financing and service providers. This has made the process of buying solar much easier for homeowners which has led to a quick increase in the company’s overall growth. After only 60 days the company has contracted more than $3,000,000 in residential solar contracts.
“The traction we have experienced so far has been amazing. We are thrilled for the achievements we have accomplished and are looking forward to continually improving. We are now exploring ways to generate additional sales through innovative marketing strategies. I’m confident we will hit $15,000,000 in 2020,” states Pablo Diaz CEO Founder of Direct Solar.
Expanding their reach, Direct Solar has attracted the attention of lenders interested in financing renewable energy applications. Previously there were few options for lending to commercial operations in this space. For a lender to find a project, vet the opportunity, and make a decision to fund or not, is a long and labor-intensive process. Direct Solar provides a unique solution for lenders, building owners, and management. For lenders, Direct Solar is providing vetted projects with vetted services providers. Lenders simply provide Direct Solar their list of requirements in order to fund a project and receive only those fitting within that scope. For commercial customers, Direct Solar provides a one-stop shop in which businesses can apply for and receive financing for their project once approved.
Direct Solar has built processes to scale the company quickly, vet new opportunities and move on those that make sense without sacrificing the company’s core offering. With dozens of reps covering eight states, Direct Solar is quickly becoming a leader in the space. The solar brokerage model has quickly proven itself to be a major need in the market.
Always innovating, SinglePoint and Direct Solar are exploring ways to streamline the purchase even further. The companies are currently working on an application that would enable customers to shop their solar online and get a quote. From there the customer could schedule a site visit to finalize the purchase. Through education, technology and customer service, Direct Solar looks to lead the next wave of renewable energy solutions.
Since 2014 SinglePoint has been providing ancillary solutions and investing or acquiring companies that provide solutions to Hemp and Cannabis businesses. From payment processing to white label manufacturing, SinglePoint has provided a service throughout the whole supply chain. Most recently the company has focused in on its hemp-derived CBD offerings. SingleSeed, the company’s consumer facing CBD brand has been steadily increasing sales through its ecommerce site SingleSeed.com. Over the past six months, VP of Sales Don Smith, has increased the reach of SingleSeed, distributing the products sold on the site. Currently the company is working on distribution agreements to bring hemp derived CBD products to retail shelves. Management sees this as the catalyst that will drive additional online sales, as well as serve to increase orders for wholesale.
“The size of the industry is astounding; we have been presented with more opportunities to vet and qualify than we could potentially explore. For this reason, we have focused on sales and distribution of hemp-derived products. We will continue to find niche products to distribute into the market, building value for our clients and profit for the company,” states Don Smith VP of Sales with SinglePoint.
As SingleSeed's reach has grown, the company has opened opportunities to manufacture products for consumers. Approximately 30 days ago the company, through subsidiary DIGS, leased an additional property in Carlsbad, California to manufacture and distribute products. They are creating products ranging from hemp topicals to tinctures and capsules for clients, delivering a finished, shelf-ready product. From raw materials to finished product, SingleSeed can provide customers with a vast array of products and services.
“Developing and manufacturing finished goods for clients of all sizes has been our key to success. With low minimum quantity orders, we are able to work with small clients and scale with them as they grow. Offering hemp topicals, lotions and vape pods and much more we are able to fulfill a vast array of services for clients. In just the last 60 days, we have moved into a larger facility, taken over $50,000 in orders, and acquired clients looking to increase production and reorder additional products,” states CEO of DIGS, Carey Haas.
Returning to their roots, SinglePoint has once again begun to focus on payments and merchant services. The company is looking at onboarding businesses of all types, including high risk ventures such as cannabis and hemp, auto mechanic shops, and restaurants. Leveraging highly talented experts in the industry, SinglePoint has been able to acquire dozens of new merchants in the last 45 days. The company is now building strategy around bringing in additional contractors in order to scale the merchant services team quickly.
“Last month our team onboarded more new accounts than any other independent agent in the nation. It is exciting to be back in the payments industry with a strong set of professionals to support and develop the growth. Payment processing provides great monthly cash residual as well as increased book value in the event SinglePoint opts to sell. We look forward to scaling this division and generating net profit for SinglePoint,” states President of SinglePoint, Wil Ralston.
From ecommerce payments to countertop payment terminals, SinglePoint provides merchants with an integrated streamlined solution to accepting payments. In some cases, SinglePoint is able to provide merchants with an option that completely eliminates transaction fees.
“I want to thank all of our shareholders for being part of SinglePoint as we continue to grow. It is important to us to keep every shareholder informed and updated. This is a pivotal year for SinglePoint to take the next step. With all the success we’ve had, management has decided to streamline efforts for generating revenue. We have decided to close JAG, as it did not show the same promise and scalability that the above three business have. By narrowing our focus, I believe we can make tremendous strides over the next 9-12 months. Again, thank you for being a part of SinglePoint,” states Greg Lambrecht CEO SinglePoint.
The Bottom Line
SING offers investors the perfect mix two of the hottest sectors on Wall St. at the moment, Crypto and CBD.
The Company has doubled its revenue this quarter, and we are extremely confident that its rapid growth will continue.
SING's chart is also trending bullish at the moment, and we are betting that it's share price will see a significant move in the very near future.
(*Remember to use a Stop-Loss Order or basic Limit Order to protect your gains, as well as limit possible losses.)
Best Regards,
DISCLAIMER
This newsletter is a paid advertisement, not a recommendation nor an offer to buy or sell securities. This newsletter is owned, operated and edited by both MJ Capital, LLC and PennyStockLocks, LLC. Any wording found in this e-mail or disclaimer referencing to “I” or “we” or “our” refers to MJ Capital, LLC and PennyStockLocks, LLC. Our business model is to be financially compensated to market and promote small public companies. By reading our newsletter and our website you agree to the terms of our disclaimer, which are subject to change at any time. We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and is for entertainment purposes only. At most, this communication should serve only as a starting point to do your own research and consult with a licensed professional regarding the companies profiled and discussed. Conduct your own research. Companies with low price per share are speculative and carry a high degree of risk, so only invest what you can afford to lose. By using our service you agree not to hold our site, its editor’s, owners, or staff liable for any damages, financial or otherwise, that may occur due to any action you may take based on the information contained within our newsletters or on our website.
We do not advise any reader take any specific action. Losses can be larger than expected if the company experiences any problems with liquidity or wide spreads. Our website and newsletter are for entertainment purposes only. Never invest purely based on our alerts. Gains mentioned in our newsletter and on our website may be based on end-of-day or intraday data. This publication and their owners and affiliates may hold positions in the securities mentioned in our alerts, which we may sell at any time without notice to our subscribers, which may have a negative impact on share prices. If we own any shares we will list the information relevant to the stock and number of shares here. MJ Capital does NOT own any shares of the companies mentioned herewithin, nor intends to buy any in the future.
MJ Capital’s business model is to receive financial compensation to promote public companies. We have been compensated fifteen thousand dollars by STM LLC to conduct investor relations advertising and marketing for SING. Any compensation is a major conflict of interest in our ability to be unbiased. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the hiring third party or parties. The third party, profiled company, or their affiliates likely wish to liquidate shares of the profiled company at or near the time you receive this communication, which has the potential to hurt share prices. Any non-compensated alerts are purely for the purpose of expanding our database for the benefit of our future financially compensated investor relations efforts. Frequently companies profiled in our alerts may experience a large increase in volume and share price during the course of investor relations marketing, which may end as soon as the investor relations marketing ceases. The investor relations marketing may be as brief as one day, after which a large decrease in volume and share price is likely to occur. Our emails may contain forward looking statements, which are not guaranteed to materialize due to a variety of factors.
We do not guarantee the timeliness, accuracy, or completeness of the information on our site or in our newsletters. The information in our email newsletters and on our website is believed to be accurate and correct, but has not been independently verified and is not guaranteed to be correct. The information is collected from public sources, such as the profiled company’s website and press releases, but is not researched or verified in any way whatsoever to ensure the publicly available information is correct. Furthermore, MJ Capital often employs independent contractor writers who may make errors when researching information and preparing these communications regarding profiled companies. Independent writers’ works are double-checked and verified before publication, but it is certainly possible for errors or omissions to take place during editing of independent contractor writer’s communications regarding the profiled company(s). You should assume all information in all of our communications is incorrect until you personally verify the information, and again are encouraged to never invest based on the information contained in our written communications. The information in our disclaimers is subject to change at any time without notice.
SinglePoint, Inc. (SING)
Alert Price: $0.0131
Investor Presentation
Investor Tookit
Website | Recent News
========================
Members,
We've just uncovered another great technical setup that could result in a huge move this week.
Please turn your immediate attention to SinglePoint, Inc. (SING).
The Company recently reported that it has more than doubled revenue from the same period last year, from $311,237 in 2018 to $856,859 in 2019.
News of this growth should hit the Street by storm, and this $0.01 alert trading on the OTQCB could see its share price increase significantly!
In addition to the bullish Q2 numbers, an interview with the Company’s CEO Greg Lambrecht will air on The RedChip Money Report television program. The interview will air today, on Bloomberg International, available in 149 million homes across Europe, the Middle East, and Africa. Check local listings for times in your area.
In the exclusive interview, Lambrecht discusses the company’s rapidly expanding solar business segment and recent developments in the high-growth CBD space.
To view the interview segment, please visit: youtu.be/gkXbc4DUgxQ
About SinglePoint, Inc.
SinglePoint, Inc. (SING) is a diversified holding company with operations in multiple industries and verticals including two high-performing market sectors: legal cannabis and cryptocurrencies. SinglePoint has grown from a full-service mobile technology provider to a recognizable brand with a diverse portfolio of undervalued subsidiaries with multiple revenue streams.
SinglePoint is researching opportunities where it can be an active participant by influencing the strategy and direction of high-potential companies whose verified assets offer attractive possibilities for shareholders. The company is guided by a visionary leadership team with extensive experience in technology, engineering, marketing and raising capital.
SinglePoint is bullish on the cannabis industry, bitcoin and blockchain technologies, which is evident in its recent acquisitions and joint-venture announcements. Recent SinglePoint key highlights include:
A joint venture with Smart Cannabis Corporation (OTC: SCNA) to license and market Smart Cannabis’ SMART APP. SMART APP enables cannabis growers to measure all aspects of cultivation, from soil nutrient levels to watering cycles and carbon dioxide content in the air. SMART APP will integrate SinglePoint’s bitcoin payment solution to enable growers to process safer and more secure transactions.
A joint venture with Global Payout (OTC: GOHE) will build on existing financial technology solutions developed by SinglePoint and Global Payout’s subsidiary MoneyTrac Technology, Inc., to fully optimize the delivery of mobile payment applications for domestic and international organizations.
A joint venture with AppSwarm (OTC: SWRM) to start development on a proprietary delivery application that will enable licensed cannabis delivery services and licensed dispensaries to safely make in-home cannabis deliveries.
Signed original “Shark Tank” member Kevin Harrington as company spokesman for an innovative, compatible virtual wallet to store any type of cryptocurrency. Harrington recently finished shooting a new national ad campaign featuring SinglePoint and the virtual wallet’s secure method of storing cryptocurrencies.
Entered into a letter of intent to acquire 100 percent of Bitcoin Beyond, a premier platform that enables merchants to accept bitcoin payments using existing web-enabled point-of-sale devices.
Through SING subsidiary, SingleSeed, the company will soon offer a proprietary cryptocurrency solution that links both cannabis merchants and consumers who seek to take advantage of bitcoin-powered transactions using debit and credit cards. In addition to making bitcoin-backed card purchases possible, the solution enables cannabis dispensaries to digitally track and manage their product inventories, performing tasks like uploading product data, photos and descriptions. The system deducts items automatically from a dispensary’s product listings when a purchase is made. While this fully KYC-AML compliant point-of-sale platform can be utilized for any other retail setting, it will fill a critical need in the underbanked cannabis industry as it continues to seek non-cash payment solutions outside of traditional banking circles.
SinglePoint CEO and founder Greg Lambrecht leads the company in its mission to capture opportunities through an aggressive expansion strategy across a broad range of assets. Lambrecht oversees all company operations including investor relations, leadership of the board of directors, and daily business activities. As the founder of PCI, a leading consumer product distribution company, Lambrecht negotiated agreements with the nation’s largest retail outlets and led PCI through a NASDAQ listed IPO, raising $10 million.
Eric Lofdahl, SinglePoint’s chief technology officer, has more than 20 years of experience in the technology sector including positions in software development, program management, complex system integration and engineering process definition. Prior to SinglePoint, Lofdahl worked at the Boeing Company where he led a team that successfully developed advanced wireless and satellite data products based on commercial technology for the U.S. Air Force.
SinglePoint President Wil Ralston is well known for his successful track record of building and maintaining great relationships with clients. Ralston graduated cum laude from the WP Carey School of Business at Arizona State University with a degree in Global Agribusiness and a specialization in Professional Golf Management. He is currently recognized by the Professional Golfers Association of America (PGA) as a Class A Professional.
SING Product Lines
Payment Processing
Every business is unique. SinglePoints solutions are designed to meet your specific needs. From Restaurants to Gas Stations and e-commerce stores we are here to work with you on designing the solution that fits you best.
Below are some of the most common types of processing. Don’t worry if you don’t see your business type we can work with any business including High-Risk!!
Retail
This is when a customer is making a purchase face-to-face. Customers physically hand you their credit card and you swipe the card to start purchase transaction. Retail is typically the safest way to process transactions. This merchant type usually has the lowest Interchange rates of all six business types listed here.
Retail with Tip
This is the same as retail however the service you provide may have to option to include a tip. Examples are salons, quick serve coffee shops, and more.
Restaurant
Still a card present transaction just as retail is. The difference is that instead of paying up-front, customers are billed at the end. Servers can swipe the card at their point of sale machine and then come back later to adjust the amount to include a tip once the customer has signed the receipt.
MOTO
MOTO stands for Mail Order/Telephone Order. With this type of account your most likely do not see customers face to face. Expect higher rates as there is more room for error and fraud. However, our partners have security features in place for you, to help keep your processing costs low, such as fields to enter additional information to authenticate the transaction.
Internet / E-Commerce
Selling a product or service online? This is the account for you. Integrate with multiple shopping carts or utilize and API to tie into your own custom shopping cart. Customers will input their information to make the purchase. Your business will receive this order and payment and your ready to take the next steps in getting that customer their purchase.
Solar
A New Wave of Energy
SinglePoint has teamed up with Direct Solar to provide the most cost effective solar power systems for any needs. Currently serving, Arizona, Austin, Houston, San Antonio, El Paso, and South East New York for residential, commercial and municipal services.
Save money, save energy and receive more predictable energy costs through Solar. Energy costs can skyrocket at much as 300% during peak months and hours. Solar will reduce your need for on grid electricity and provide savings for your home and business.
Solar is Easy!
Our partner Direct Solar handles all the paperwork, permits, system requirement and everything in between. From call to install we will be there for you resulting in clean, hassle-free renewable energy for your home.
Zero money down
No upfront costs
FREE Installs
State / Federa incentives
SAVE MONEY on energy bills !!!
Text Marketing
Mobile Message Made Easy
Messaging – SinglePoint enables companies to send messages seamlessly to all mobile subscribers at one time. Easily send notifications, deals, coupons and even send a request for payment!
SMS – Commonly known as text messaging can send 160 character basic messages to your customers instantly.
High Open Rate
Reports show 99% of text messages are opened
Cross Device
All device support text. Consumers can receive text message no matter what device is being used
Used Daily
Text messaging is engrained in daily life. No need to download a new app.
Instantaneous
Reports show that 90% of text message are opened within three minutes of being sent.
Don't Miss Tonight's Interview On Bloomberg
SinglePoint Interview to Air on Bloomberg International on the RedChip Money Report
announced an interview with the Company’s CEO Greg Lambrecht will air on The RedChip Money Report television program. The interview will air Sunday, August 25, on Bloomberg International, available in 149 million homes across Europe, the Middle East, and Africa. Check local listings for times in your area.
In the exclusive interview, Lambrecht discusses the company’s rapidly expanding solar business segment and recent developments in the high-growth CBD space.
To view the interview segment, please visit: youtu.be/gkXbc4DUgxQ
The interview will also air in the US on the Family Channel on August 21 at 6 p.m., the Action Channel on Sunday August 25 at 11 a.m., and is available via live stream on American Business TV.
“The RedChip Money Report" delivers insightful commentary on small-cap investing, interviews with Wall Street analysts, financial book reviews, as well as featured interviews with executives of public companies.
Recent Developments:
SinglePoint Files Second Quarter Form 10-Q, Showing Major Revenue Increase Compared to Same Quarter in 2018
On August 15th, the Company announced that is has filed Form 10-Q for the quarterly period ending June 30th, 2019. The company has more than doubled revenue from the same period last year, from $311,237 in 2018 to $856,859 in 2019.
“We are very excited about the growth and path we are on. This is another step in the right direction for SinglePoint. We look forward to showing an even larger increase in Q3 as we will have the addition of Direct Solar projects that have closed and been funded. Everyone in the company has done a wonderful job and it's showing in the growth of revenue and number of opportunities being presented.” – Wil Ralston, President, SinglePoint
You can find the full report here: www.otcmarkets....com/filing/html?id=1359654...
Shareholder Update
SinglePoint Inc. (SING) provides shareholder update on key company initiatives. SinglePoints most recent acquisition, Direct Solar, has been a major success having the largest weekend in contracts closed to date. Direct Solar is fundamentally changing SinglePoint’s underlying structure and building a solid financial base for the company to continue growth and acquisitions. Direct Solar has exceeded expectations, growing quickly and providing opportunities such as commercial solar applications and renewable energy financing options.
Direct Solar enables residential solar customers to shop their options in order to find the best option for the home. Similar to Rocket Mortgage or Lending Tree, Direct Solar representatives are able to provide homeowners with a variety of financing and service providers. This has made the process of buying solar much easier for homeowners which has led to a quick increase in the company’s overall growth. After only 60 days the company has contracted more than $3,000,000 in residential solar contracts.
“The traction we have experienced so far has been amazing. We are thrilled for the achievements we have accomplished and are looking forward to continually improving. We are now exploring ways to generate additional sales through innovative marketing strategies. I’m confident we will hit $15,000,000 in 2020,” states Pablo Diaz CEO Founder of Direct Solar.
Expanding their reach, Direct Solar has attracted the attention of lenders interested in financing renewable energy applications. Previously there were few options for lending to commercial operations in this space. For a lender to find a project, vet the opportunity, and make a decision to fund or not, is a long and labor-intensive process. Direct Solar provides a unique solution for lenders, building owners, and management. For lenders, Direct Solar is providing vetted projects with vetted services providers. Lenders simply provide Direct Solar their list of requirements in order to fund a project and receive only those fitting within that scope. For commercial customers, Direct Solar provides a one-stop shop in which businesses can apply for and receive financing for their project once approved.
Direct Solar has built processes to scale the company quickly, vet new opportunities and move on those that make sense without sacrificing the company’s core offering. With dozens of reps covering eight states, Direct Solar is quickly becoming a leader in the space. The solar brokerage model has quickly proven itself to be a major need in the market.
Always innovating, SinglePoint and Direct Solar are exploring ways to streamline the purchase even further. The companies are currently working on an application that would enable customers to shop their solar online and get a quote. From there the customer could schedule a site visit to finalize the purchase. Through education, technology and customer service, Direct Solar looks to lead the next wave of renewable energy solutions.
Since 2014 SinglePoint has been providing ancillary solutions and investing or acquiring companies that provide solutions to Hemp and Cannabis businesses. From payment processing to white label manufacturing, SinglePoint has provided a service throughout the whole supply chain. Most recently the company has focused in on its hemp-derived CBD offerings. SingleSeed, the company’s consumer facing CBD brand has been steadily increasing sales through its ecommerce site SingleSeed.com. Over the past six months, VP of Sales Don Smith, has increased the reach of SingleSeed, distributing the products sold on the site. Currently the company is working on distribution agreements to bring hemp derived CBD products to retail shelves. Management sees this as the catalyst that will drive additional online sales, as well as serve to increase orders for wholesale.
“The size of the industry is astounding; we have been presented with more opportunities to vet and qualify than we could potentially explore. For this reason, we have focused on sales and distribution of hemp-derived products. We will continue to find niche products to distribute into the market, building value for our clients and profit for the company,” states Don Smith VP of Sales with SinglePoint.
As SingleSeed's reach has grown, the company has opened opportunities to manufacture products for consumers. Approximately 30 days ago the company, through subsidiary DIGS, leased an additional property in Carlsbad, California to manufacture and distribute products. They are creating products ranging from hemp topicals to tinctures and capsules for clients, delivering a finished, shelf-ready product. From raw materials to finished product, SingleSeed can provide customers with a vast array of products and services.
“Developing and manufacturing finished goods for clients of all sizes has been our key to success. With low minimum quantity orders, we are able to work with small clients and scale with them as they grow. Offering hemp topicals, lotions and vape pods and much more we are able to fulfill a vast array of services for clients. In just the last 60 days, we have moved into a larger facility, taken over $50,000 in orders, and acquired clients looking to increase production and reorder additional products,” states CEO of DIGS, Carey Haas.
Returning to their roots, SinglePoint has once again begun to focus on payments and merchant services. The company is looking at onboarding businesses of all types, including high risk ventures such as cannabis and hemp, auto mechanic shops, and restaurants. Leveraging highly talented experts in the industry, SinglePoint has been able to acquire dozens of new merchants in the last 45 days. The company is now building strategy around bringing in additional contractors in order to scale the merchant services team quickly.
“Last month our team onboarded more new accounts than any other independent agent in the nation. It is exciting to be back in the payments industry with a strong set of professionals to support and develop the growth. Payment processing provides great monthly cash residual as well as increased book value in the event SinglePoint opts to sell. We look forward to scaling this division and generating net profit for SinglePoint,” states President of SinglePoint, Wil Ralston.
From ecommerce payments to countertop payment terminals, SinglePoint provides merchants with an integrated streamlined solution to accepting payments. In some cases, SinglePoint is able to provide merchants with an option that completely eliminates transaction fees.
“I want to thank all of our shareholders for being part of SinglePoint as we continue to grow. It is important to us to keep every shareholder informed and updated. This is a pivotal year for SinglePoint to take the next step. With all the success we’ve had, management has decided to streamline efforts for generating revenue. We have decided to close JAG, as it did not show the same promise and scalability that the above three business have. By narrowing our focus, I believe we can make tremendous strides over the next 9-12 months. Again, thank you for being a part of SinglePoint,” states Greg Lambrecht CEO SinglePoint.
The Bottom Line
SING offers investors the perfect mix two of the hottest sectors on Wall St. at the moment, Crypto and CBD.
The Company has doubled its revenue this quarter, and we are extremely confident that its rapid growth will continue.
SING's chart is also trending bullish at the moment, and we are betting that it's share price will see a significant move in the very near future.
(*Remember to use a Stop-Loss Order or basic Limit Order to protect your gains, as well as limit possible losses.)
Best Regards,
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