TuesdayMay 19, 2020 11:42 am

SinglePoint Inc.’s (SING) New Initiatives in Hemp, Sanitization Driving Q2 Sales Growth

SING enters joint venture with Box BioScience to fulfill existing hand sanitizer sales contracts Company leveraging growing popularity of 1606 Hemp cigarettes with increased distribution to new stores 1606 Hemp sales grew 133% this quarter and 233% in the current monthly period compared to last month SinglePoint Inc. (OTCQB: SING), a diversified holdings company with operations in several high-performing market sectors, is back on track for growth in 2020 with plans to expand the launch of 1606 Hemp cigarettes with a new counter top display, along with distributing Simplex hand sanitizer in a joint venture with BOX BioScience. While many…

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TuesdayMay 19, 2020 11:18 am

QualityStocksNewsBreaks – SinglePoint, Inc. (SING) CEO Provides Update on 1606 Original Hemp in New Video

SinglePoint (OTCQB: SING) today announced the release of a video in which Greg Lambrecht, SinglePoint CEO and Chairman, provided an update regarding 1606 Original Hemp (www.1606Hemp.com). Among other highlights, Lambrecht reported that the direct to store sales strategy employed by 1606 Original Hemp is showing early returns and promising signs of success. “We started a call center, calling smoke shops and convenience stores,” SinglePoint CEO and Chairman Greg Lambrecht stated in the video. “This month alone we have gotten 160 accounts.” To view the full press release, visit http://ibn.fm/7eiIT About SinglePoint, Inc. Founded in 2011, SinglePoint, Inc. invests in and…

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MondayMay 18, 2020 10:09 am

SinglePoint Inc. (SING) Raises up to $7 Million in Its Bid to Capitalize on Growth Opportunities

SinglePoint Inc. announces entrance into financing arrangement to raise up to $7 million Funds are earmarked for refinancing the company’s existing liabilities at advantageous terms, funding new growth opportunities SING recently announced its subsidiary Direct Solar America is seeing 40 virtual appointments per week, extending nationwide footprint to 30 states Company expands its hemp-based product portfolio by launching Klen, an innovative line of hemp seed-infused hand sanitizers SinglePoint Inc. (OTCQB: SING), a publicly traded company dedicated to acquiring businesses focused on emerging technologies, reported that it had successfully entered into a financing arrangement to raise up to $7 million (http://ibn.fm/S4Z4v), strengthening…

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WednesdayMay 13, 2020 11:35 am

QualityStocksNewsBreaks – SinglePoint, Inc. (SING) Provides Update on New Strategic Direct to Store Sales Initiative

SinglePoint (OTCQB: SING) today provided an update on its new strategic direct to store (“DSD”) sales initiative focused on initial product placement and market penetration within convenience stores and smoke shops in the domestic U.S. market. According to the update, “This DSD strategy is designed to enhance sales, initial product placement and augment existing traditional retail distribution sales efforts leveraging the recent introduction of the new countertop displays. The Company recently hired multiple representatives to facilitate the placement of 1606 Hemp in specific retail locations and has the ability to closely monitor the sales activity and results through this direct…

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FridayMay 08, 2020 10:19 am

QualityStocksNewsBreaks – SinglePoint, Inc. (SING) CEO Discusses Recent Joint Venture Agreement on MoneyTV with Donald Baillargeon

SinglePoint (OTCQB: SING) was featured on this week’s episode of MoneyTV with Donald Baillargeon. The internationally syndicated program covers money-focused topics, featuring various companies and in-depth interviews with CEOs and executives that offer insights into operations and future outlooks. MoneyTV is viewed in over 200 million households in more than 75 countries. Among other highlights from this week’s program, SinglePoint CEO Greg Lambrecht discussed a joint venture agreement the company recently entered with Box-Bioscience, a company that has a product called Simplex. The JV is intended to provide both parties the capability to enhance supply and expand sales opportunities of…

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FridayMay 08, 2020 10:09 am

SinglePoint Inc. (SING) Innovates Subsidiary Business Model, Meets Unprecedented Success as Many Industries Struggle

Adjustments made necessary by pandemic result in SING subsidiary growth, expansion from 13 to 30 states in mere weeks Direct Solar cutting out middle man, able to do business in any state SING also developing app that allows consumers from anywhere in US to buy solar “without ever talking to a human being” SinglePoint Inc. (OTCQB: SING) subsidiary Direct Solar, a solar brokerage, has expanded from 13 states to 30 states in only two weeks as a result of changes made necessary by the COVID-19 pandemic. The expansion was announced by SinglePoint founder and CEO Greg Lambrecht during a MoneyTV…

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WednesdayMay 06, 2020 1:18 pm

SinglePoint Inc.’s (SING) Switch to Virtual Sales Process Encourages Continued Direct Solar Residential Installation Sales

SING switches to virtual sales model, grows solar business from 13 to 25 states Company to launch website allowing consumers to buy complete solar installations online SING expanding solar footprint into commercial sales through awareness campaigns and financial partnerships In an effort to keep up with continuing consumer demand for solar energy solutions, SinglePoint Inc. (OTCQB: SING), a diversified holdings company, recently shifted to a virtual sales process for Direct Solar, one of its subsidiaries. Besides almost doubling the company’s footprint to 25 states, management expects the strategic move will further streamline the business and spur additional growth as demand…

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TuesdayMay 05, 2020 11:09 am

QualityStocksNewsBreaks – SinglePoint, Inc.’s (SING) Hemp Vertical on Track to Double Sales in Q2 Alongside Launch of 1606 Countertop Display

SinglePoint (OTCQB: SING) announced today that it is starting its second quarter with strong numbers and the focus on continued growth. According to the update, SinglePoint’s Hemp vertical is on track to double sales in Q2 alongside the launch of 1606 Hemp six-pack counter top display. 1606 Hemp has seen a 133% increase in sales growth this quarter, as well as a 233% growth in sales up to this point of the month compared to the same timeframe in the previous month.  SinglePoint has placed a focus on self-generated in store placement by hiring professional sales representatives to acquire new…

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TuesdayApr 28, 2020 12:09 pm

QualityStocksNewsBreaks – SinglePoint, Inc. (SING) Enters JV Agreement with Box-Bioscience in Ramped-Up Effort to Meet Demand for Hand Sanitizer, Bulk Products

SinglePoint (OTCQB: SING) today announced that it is ramping up its effort to meet in bound demand for hand sanitizer and other sanitizing products. According to the update, SinglePoint recently entered into an LOI that quickly progressed to a JV Agreement (“JV”) with Box-Bioscience that will provide both parties the capability to enhance supply and expand sales opportunities of hand sanitizer. With successful rollout of Klen, SinglePoint has been approached by larger retailers to supply bulk products, setting the stage for a JV between the two companies to supply hand sanitizer manufactured to current FDA guidelines. Box, with new sales…

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FridayApr 24, 2020 12:10 pm

SinglePoint Inc. (SING) Subsidiary Direct Solar Benefits from Shift to Virtual Sales Channel

Residential solar product sales have been forced to shift toward digital channels, creating unexpected opportunity for cost savings Shift to digital sales will allow the industry to lower customer acquisition costs ahead of federal tax credits being phased out in 2022 SING subsidiary Direct Solar America is seeing increased virtual sales each week, has expanded its presence to nine more states Solar power and renewable energy sources have been lauded for being at the forefront of cutting-edge technology, enabling consumers to lower their costs while simultaneously reducing their carbon footprint. However, and despite its high-tech focus, residential solar energy technology…

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