SinglePoint Files First 10-K with SEC with PCAOB Audited,Showing 344% Increase in Revenue YOY
SinglePoint (OTCQB ticker symbol SING) a fully reporting technology company providing mobile payments, ancillary cannabis services and renewable energy solutions announces the filing with the SEC of the Company’s first annual report as a fully reporting issuer. SinglePoint ended 2018 with total sales of $1,154,671 an increase of 344% compared to the previous year. The increase is largely due to the success of SinglePoint executing on its acquisition strategy. Over the last year the Company has solidified its’ financial position as well as become a fully reporting, audited issuer.
SinglePoint plans to continue its momentous growth with its latest Asset Purchase Agreement with Direct Solar. Direct Solar has seen tremendous growth over the past few months. SinglePoints’ auditing firm is currently reviewing the financial statements and upon completion will finalize the acquisition.
Quote, “We have spent a lot of time and effort to put the Company in a position to turn a profit in the very near future. With the anticipated acquisition of Direct Solar and the explosive growth we are seeing that goal could become a reality. We are excited about the future of SinglePoint and are in a stronger position now than we have ever been,” end quote, states Greg Lambrecht CEO. To see SinglePoint’s Annual Report, visit [www dot single point dot com]
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