Singlepoint, Inc. (SING)

SinglePoint acquired Direct Solar America to provide the most cost effective solar power systems for any needs. Save money, save energy and receive more predictable energy costs through Solar. Energy costs can skyrocket at much as 300% during peak months and hours.



YTD Financial Highlights:
 

• *YTD Revenue increased to $2,495,628 
  
  *YTD Gross profit increased +15%
  
  *Q3 Reported Revenue of $1,025,129
  *Reduced Debt by approximately $1.2 Million 
  
  *Operational Expenses Reduced by $2.8 Million 


 

Operational Highlights:

•  >Direct Solar of America Signs Agreement with Soligent to Provide a first of its kind ‘Direct Pay’ model<
  >Completed first agreement to create a National Solar Installation Network
  with principal owner of Standard Eco to obtain multi-state installation entity<
  
  >Current maturities of convertible notes payable decreased by approx. $1.2M<
   
  • Under the exemplary leadership from Singlepoint's president Will Ralston, the company has signed millions of dollars in New deals in 2020, the company has vertically integrated their revenue sources. Wil Ralston has restructured all of their toxic debt when simultaneously attracting interest from long-term investors. The company is also selling off it's non-energy related assets to focus almost exclusively on solar. 
  
  
   
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SinglePoint Subsidiary Estimates Nearly 20% Increase in Revenue and Almost 60% Gross Margins, Up Significantly From Q2 2020
https://www.prnewswire.com/news-releases/singlepoint-subsidiary-estimates-nearly-20-increase-in-revenue-and-almost-60-gross-margins-up-significantly-from-q2-2020-301138775.html

SinglePoint Highlights Recent Corporate Developments, Including Toxic Debt Restructure and Agreements with Stellar Solar and Standard Eco
https://www.prnewswire.com/news-releases/singlepoint-highlights-recent-corporate-developments-including-toxic-debt-restructure-and-agreements-with-stellar-solar-and-standard-eco-301157810.html

SinglePoint Subsidiary Signs First-of-its-kind Agreement with Soligent, the Nation's Largest Solar Materials Supplier
https://www.prnewswire.com/news-releases/singlepoint-subsidiary-signs-first-of-its-kind-agreement-with-soligent-the-nations-largest-solar-materials-supplier-301160218.html