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Friday, October 07, 2016 11:38:14 AM
Earlier today, Singlepoint, Inc. (OTC: SING) was announced as a featured company on this week’s edition of MoneyTV with Donald Baillargeon. MoneyTV is an internationally syndicated television program about “money and what makes it happen.” The show includes informative interviews with company CEOs, offering prospective investors insight into their operations and outlooks for the future.
To view this week’s program, visit www.MoneyTV.net
In the interview, Greg Lambrecht, chief executive officer of Singlepoint, gives investors some insight into the company’s recent moves, most notably its ongoing efforts to become a fully reporting company and uplist to the OTCQB Venture Market. According to Lambrecht, Singlepoint is rapidly approaching this milestone. In fact, he described the company as, “On the one yard line, ready to get in the end zone.” Lambrecht told Baillargeon that Singlepoint has already completed the required Form 10 and hopes to submit it to the U.S. Securities and Exchange Commission and become a fully reporting company “within the next week or so.”
Singlepoint’s uplisting plans are expected to play a key role in the company’s future growth. Lambrecht outlined an aggressive M&A strategy for the company moving forward as it transitions toward a holding company business plan. Singlepoint is already in talks with multiple acquisition targets in the mobile technology space, and the additional financing options and improved access to both institutional and individual investors provided by uplisting to the OTCQB is expected to play a key role in funding these M&A opportunities. In the MoneyTV interview, Lambrecht suggested that additional information regarding these potential acquisitions will likely become available shortly after the company’s move to the OTCQB Venture Market.
“Not only will the completion of these efforts provide us better financing options and allow institutional investors to invest directly on the open market, it also correlates with our M&A strategy,” Lambrecht added in a recent news release. “Additionally, as an OTCQB-listed company we expect to see greater liquidity, as well as brand awareness among the investment community.”
In line with its aggressive M&A strategy, Singlepoint recently tweaked its website to better reflect its intent to operate as a holding company moving forward. With the stage set for a big announcement in the coming weeks, Singlepoint appears primed to make a significant impact in the mobile technology market during the final quarter of 2016.
For more information, visit the company’s website at www.Singlepoint.com
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