Singlepoint Inc (SING)

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SinglePoint is a state-of-the-art mobile technology and full-service mobile marketing company specializing in acquisitions of small to mid-sized companies, with a particular focus on mobile technologies.

includes acquisitions of minority investments in two separate daily fantasy sports (DFS) enterprises, GoDraft and DraftFury. In the second half of the year, SinglePoint signed a funding agreement with Blackbridge Capital, LLC for up to $3 million in equity financing to fund the Company's acquisition strategy and expedite its current trek toward uplisting to the OTCQB. In November, following the legalization of recreational marijuana and medical cannabis, SinglePoint announced the accelerated strategies of its SingleSeed (www.singleseed.com) payments business to provide credit card processing solutions for the cannabis industry.

After briefly touching on SinglePoint's aggressive acquisition strategy, the report also discusses SinglePoint's Pay-by-Text and Text2Bid platforms, as well as opportunities within the multi-billion dollar mobile payments, fantasy sports and cannabis markets.

forecasting revenues of $2.6 million in 2017, $6.2 million in 2018, and $9.8 million in 2018, as well as a turn to profit on an EBITDA basis in 2018.

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