QualityStocksNewsBreaks – AppSwarm, Inc. (SWRM) and SinglePoint, Inc. (SING) Advance JV Through Developmental Phase; Prepare to Launch First App
Technology development company AppSwarm (OTC: SWRM) provided an update today regarding the company’s joint venture with specialized holding company SinglePoint (OTC: SING). The two companies have completed development plans for a shared roll-out of mobile applications that specifically target issues in the cannabis space and provide solutions through Blockchain technology and Bitcoin payment options. The applications will be marketed under SinglePoint’s SingleSeed subsidiary and AppSwarm will provide application development and technical support. The companies will split revenue from all products through the joint venture 50/50. The companies intend to launch the first application in January 2018. “This JV with SinglePoint…