Thursday, November 20, 2014 7:37:09 PM
Ask yourself, in q3 2013 what the stock price was and would 4 million shares be a reasonable trade for 1.1 in revenue, assets and contracts? The deal was structured with benchmarks (below)on purpose. (We did add a member of the team during the deal. ) As we know much has changed since 2013 including business plan.
Clear to me revenues keep growing here quarter after quarter.
As the price gets driven down I'll continue to add on the Dips.
Long SING
PHOENIX--(BUSINESS WIRE)--SinglePoint, Inc. (OTC:SING), a state-of-the-art mobile technology company and full-service mobile marketing company, is pleased to announce that it finalized the acquisition of certain assets, including $1,137,123 revenues year to date, contracts and intellectual property, of Six Sigma Services, Inc. (“Sigma”), a payment gateway services company with customers worldwide, in exchange for 4 million restricted shares of SinglePoint.
Sigma has the rights to an additional 16 million restricted shares of SinglePoint Inc.’s common stock to be issued in tranches alongside revenue benchmarks to be met by Sigma. Benchmark figures to be reached include $500,000, $750,000, $1,000,000 and $2,000,000 derived from revenues earned by assets included in the acquisition.
All items I post are my opinion and for entertainment purposes only. Do your own due diligence when making an investment decision.
Recent SING News
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 02/15/2024 05:15:29 AM
- Form POS AM - Post-Effective amendments for registration statement • Edgar (US Regulatory) • 02/13/2024 09:33:34 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 01/04/2024 07:47:44 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 12/21/2023 08:54:39 PM
FEATURED POET Announces Design Win and Collaboration with Foxconn Interconnect Technology for High-speed AI Systems • May 14, 2024 10:09 AM
FEATURED Element79 Gold Corp Reports Exceptionally High-Grade Results from Lucero • May 14, 2024 7:00 AM
VAYK Added New Manager for Expansion into $64 Billion Domestic Short-term Rental Market • VAYK • May 14, 2024 9:00 AM
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM