Seems the slight of hand is still working. Why not focus on increasing profitability with the current “acquisitions” instead of continuing to look for “new acquisitions”? Took them $600,000 to make $200,000. And everyone here has faith in these guys. What a laugh. What reasonably profitable company could you buy for $5,000,000? If the company was making money, they wouldn’t be selling for that cheap. Know a scam. Recognize you’ve been had. Move on.




GoodLuck!!!!!!

Let’s review recent activity. The stock is down 17% on the month, more on the 3 month. The one commercial was a joke, right? They are involved in a grow shop, a windshield fix-it, and online gambling (I don’t see the correlation). The app so far, not so good. They have insane losses and minescule revenue. What’s not to love?!?!? Oh and the owners are still dangling carrots for the donkey to drag the cart a bit further.


GoodLuck!!!!

Love the personal attacks! You guys are as focused on this company as it’s owners. At least; they are still focused on their main goal, putting out vague statements to lure more “shareholders” to give them money. The fact they amended it 3 or 4 times shows they didn’t care or cover their ass in the first one. This “ company” was created to scam and its been successful doing so. Weak commercial. Weak app. Weak “stock”. Strong SCAM!



GoodLuck!!!!!!!!!!!!!!!

March of 2017 it only cost them $413,173 to make $411.00 in revenue

March of 2018 it cost them $7,216,921 for the $188,183. That’s how you run a GREAT company right there.

Why was this 4 times higher in December? What was better then than now? Hope was greater?

The Company’s ability to continue in existence is dependent on the Company’s ability to develop the Company’s business plan and to achieve profitable operations. Since the Company does not anticipate achieving profitable operations and/or adequate cash flows in the near term, management will continue to pursue additional equity financing through private placements of the Company’s common stock.


GoodLuck!!!!!

They stated all of this in their last annual report, if you bothered to read all 45 pages of it. Your personal attacks are well documented here, so playground children we are. As to inventions....what please tell me have they invented? Everything they are doing there are 10 more just like it. Don’t talk about 750k worth of revenue like that’s a feat when the company is hemorrhaging money. That is like bucket bailing the Titanic! As always.....



GoodLuck!!!!!!

Are these revenues greater than the 50+ Million they lost last year? Also stated they expect to lose money again this year and for the foreseeable future.

This article would also imply SingPoint was some how on the same playing field as MGM and Ceaser’s when it comes to the gaming industry. What a laugh!!!! No product, no market, no company.


GoodLuck!!

I don’t see any mention of Draft Fury, in their Form 10 or their most recent Quarterly, under history or assets. I noticed DraftFury’s Twitter and Facebook haven’t been updated since 2016. Maybe I’m wrong, but I don’t see much if any revenue coming from DraftFury.


GoodLuck!

This sounds exciting!!!


I’ll highlight and then post full info......



Compensation increase from $671,200 for the year ending December 31, 2016, as compared to $38,824,066 for the year ending December 31, 2017, an increase of $38,152,846, which was due to the issuance of equity to our officers and directors.



Operating Expenses

Total operating expenses increased from $953,624 in 2016 to $41,133,695 in 2017, an increase of $40,180,071. The increase was primarily due to an increase in compensation due to the issuance of equity to our officers and directors, and impairment of goodwill during 2017. We had an increase in consulting fees of $242,479 in the year ended December 31, 2017 from the year ending December 31, 2016. This increase was due to an increase in the use of consultants to assist the Company in its operations. Compensation increase from $671,200 for the year ending December 31, 2016, as compared to $38,824,066 for the year ending December 31, 2017, an increase of $38,152,846, which was due to the issuance of equity to our officers and directors. Professional and legal fees increased from $33,372 for the year ending December 31, 2016, as compared to $134,091 for the year ending December 31, 2017, an increase of $100,719, which was due to increased auditing and legal expenses, primarily related to the audit of the Company’s financial statements. Investor relations expenses increased from $184,315 for the year ending December 31, 2016, as compared to $451,957 for the year ending December 31, 2017, an increase of $267,642, which was due to an increase in marketing of the Company’s and its subsidiaries products. General and administrative expenses from $31,337 for the year ending December 31, 2016, as compared to $269,525 for the year ending December 31, 2017, an increase of $238,188, which was due to an increase in expenses related to our acquisitions, moving our executive to a larger location, and acquiring insurance. For the year ending December 31, 2017 we incurred an impairment of goodwill of $1,178,197. This impairment was related to the reduction in goodwill relating to the purchase of DIGS.

Other Income (Expense)

Other Income (Expense) increased from ($1,278,940) in 2016 to ($11,619,483) in 2017. This increase was due to an increase in the loss on settlement of debt of $9,714,195 relating to the conversions by the holders of certain convertible instruments into shares of common stock.

Net Loss

For the year ended December 31, 2017 the Company had a net loss of approximately $52,693,560 compared to a net loss of approximately $2,231,668 for the year ended December 31, 2016, an increase of $50,461,892. The increase is primarily due to an increase in equity based compensation during 2017.

Good times as stated on Aug. 6, 2018

https://ir.singlepoint.com/all-sec-filings/content/0001477932-18-003823/sing_1012ga.htm?TB_iframe=true&height=auto&width=auto&preload=false


We have had a history of losses and may incur future losses, which may prevent us from attaining profitability.

We have had a history of operating losses since our inception and, as of March 31, 2018, we had an accumulated deficit of approximately $68 million. We may incur operating losses in the future, and these losses could be substantial and impact our ability to attain profitability. We do not expect to significantly increase expenditures for product development, general and administrative expenses, and sales and marketing expenses; however, if we cannot increase revenue growth, we will not achieve or sustain profitability or positive operating cash flows. Even if we achieve profitability and positive operating cash flows, we may not be able to sustain or increase profitability or positive operating cash flows on a quarterly or annual basis.


Raising additional capital may cause dilution to our stockholders, restrict our operations or require us to relinquish rights to our technologies or product candidates.

Until the time, if ever, that we can generate substantial product revenues, we plan to finance our cash needs through some combination of equity offerings, debt financings, collaborations, strategic alliances and licensing arrangements. We do not have any committed external source of funds. To the extent that we raise additional capital through the sale of equity or convertible debt securities, the ownership interest of our existing stockholders will be diluted, and the terms of these new securities may include liquidation or other preferences that adversely affect the rights of our existing stockholders. Debt financing, if available, may involve agreements that include covenants limiting or restricting our ability to take specific actions, such as incurring additional debt, making capital expenditures or declaring dividends.



There is substantial doubt about our ability to continue as a going concern

We have not generated any profit from combined operations since our inception. We expect that our operating expenses will increase over the next twelve months to continue our development activities. Based on our average monthly expenses and current burn rate, we estimate that our cash on hand as of December 31, 201 7 will not sufficiently support our operation for the next twelve months. We do not expect to raise capital through debt financing from traditional lending sources since we are not currently generating a profit from operations. Therefore, we only expect to raise money through equity financing via the sale of our common stock or equity-linked securities such as convertible debt. If we cannot raise the money that we need in order to continue to operate our business, we will be forced to delay, scale back or eliminate some or all of our proposed operations. If any of these were to occur, there is a substantial risk that our business would fail. If we are unsuccessful in raising additional financing, we may need to curtail, discontinue or cease operations.

Risks Related to Employee Matters and Managing Growth

Our future success depends on our ability to retain our chief executive officer and other key executives and to attract, retain and motivate qualified personnel.

We are highly dependent on Gregory Lambrecht, our Chief Executive Officer, William Ralston, our President, as well as the other principal members of our management team. Although we have entered into employment agreements with Mr. Lambrecht and Mr. Ralston providing for certain benefits, including severance in the event of a termination without cause, these agreements do not prevent them from terminating their employment with us at any time. We do not maintain "key person" insurance for any of our executives or other employees. The loss of the services of any of these persons could impede the achievement of our research, development and commercialization objectives.


Results from Operations – For the year ended December 31, 2016 as compared to December 31, 2017.

Net Revenue

For the years ended December 31, 2017 and 2016, the Company had total sales of $259,634 and $922, respectively. The increase of $258,712 in revenues was due to the acquisitions made by the Company during 2017. Our main source of revenues has come from our DIGS and JAG subsidiaries, acquired in 2017, thus the reason for our increase in revenues over 2016. DIGS product line includes a range of products servicing the ancillary cannabis cultivation marketing including but not limited to soil, nutrients, lighting, and more and we see the current trend for this business to be organically growing in an upward trend. JAG’s main product line is windshield replacement and repair .

Cost of Revenue

Cost of Revenue increased from $26 for the year ending December 31, 2016 to $231,820 for the year ending December 31, 2017, an increase of $231,794. This increase was due to the increased cost of goods sold of some of our newly acquired subsidiaries.

Gross Profit

As a result of the foregoing, our gross profit was $896, for the year ended December 31, 2016, compared with $27,814, for the year ended December 31, 2017. The increase in our overall gross profit was a result of the newly acquired subsidiaries.



Those are strong numbers!!!!!!!

Dude it’s Q3 now. That news was released May 25. It also stated they had a net loss of 7.2 million dollars in Q1.



https://content.equisolve.net/singlepoint/media/b678bbc69ddcd99467496c6ded27e41a.pdf

How do you figure? They have a slew of acquired and dissolved “companies”. Reported 60 million dollar loss last year. Have been dangling a commercial for well over 7 months. And when was the last time you heard Kevin Harrington speak of this? He didn’t care as soon as all his commission paid shares were liquidated.



GoodLuck!!!

Companies with no revenues to speak of, that lost 60 million in a year, with no products on the market typically don’t make commercials or advertise. In fact they don’t stay in business. Alas, good ole SING stockholders keep these guys afloat.



GoodLuck!!!!!!!!!


P.S.
How long have they been dangling this commercial in front of the holders?

All you need to do is look back at all these dead adventures SING has been on.

https://www.singlepoint.com/news-media/press-releases?page=4

How do you plan and produce a commercial for a product that isn’t even ready for market?



GoodLuck!!!!

Oh yeah this “company” looks great!!!!


During the year ended December 31, 2017, the Company issued 25,000,000 shares of the Company’s common stock to Corey Lambrecht (former board member, nephew of President, Greg Lambrecht) noteholder for conversion of $50,000 of notes purchased from Stockbridge Enterprises, L.P. (the “SB Notes”), at a price of $0.002 per share.

During the year ended December 31, 2017, the Company issued an aggregate of 197,680,000 common shares for convertible notes payable converted by the noteholders with an aggregate balance of approximately $617,500,


Almost 200 million share issued at $.003 a share. How can they afford to sell at 2 cents????

What a joke!!! His nephew?!?!?!?!


GoodLuck!!!

That is exactly what they are doing and why they control the shares.



On February 15, 2018, a convertible note holder converted $110,000 of convertible debt (the SB Notes) into 55,000,000 shares of the Company’s common stock at a price of $0.002 per share.
On February 22, 2018, the Company issued 25,000,000 shares of the Company’s common stock to a noteholder for conversion of $50,000 of notes purchased from Stockbridge Enterprises, L.P. (the “SB Notes”), at a price of $0.002 per share.
On March 7, 2018, the Company issued 600,000 shares of the Company’s common stock to a consultant for services.
On March 12, 2018, the Company issued 25,000,000 shares of the Company’s common stock to a noteholder for conversion of $50,000 of notes purchased from Stockbridge Enterprises, L.P. (the “SB Notes”), at a price of $0.002 per share.


Wish I could get some shares from Gregory this cheap. I’d be dumping a million a day, too.


GoodLuck!

Also a great piece page 17......


Since inception, we have experience negative cash from operating activities and have financed our operations primarily through the sale of equity securities and issuance of convertible notes payable. As of March 31, 2018 we had cash of $333 951.
Based on our recent performance and current expectations, we believe our existing cash and cash equivalents, as well as cash expected to be generated from operating activities will not adequately meet our working capital, capital expenditure needs and other liquidity requirements associated with our existing operations over the next 12 months.

And again page 29

The financial statements have been prepared assuming that the Company will continue as a going concern. As of March 31, 2018, the Company has yet to achieve profitable operations and is dependent on its ability to raise capital from stockholders or other sources to sustain operations and to ultimately achieve viable operations. The financial statements do not include any adjustments that might result from the outcome of these uncertainties. These factors raise substantial doubt about the Company's ability to continue as a going concern.
The Company’s ability to continue in existence is dependent on the Company’s ability to develop the Company’s business plan and to achieve profitable operations. Since the Company does not anticipate achieving profitable operations and/or adequate cash flows in the near term, management will continue to pursue additional equity financing through private placements of the Company’s common stock.

GoodLuck!!!

Super happy message here on page 10 of that little write up.......


We have had a history of operating losses since our inception and, as of March 31, 2018, we had an accumulated deficit of approximately $68 million. We may incur operating losses in the future, and these losses could be substantial and impact our ability to attain profitability. We do not expect to significantly increase expenditures for product development, general and administrative expenses, and sales and marketing expenses; however, if we cannot increase revenue growth, we will not achieve or sustain profitability or positive operating cash flows. Even if we achieve profitability and positive operating cash flows, we may not be able to sustain or increase profitability or positive operating cash flows on a quarterly or annual basis.

No SH!T?


GoodLuck!!!

You mean this little gem of a money grab????


https://www.networknewswire.com/singlepoint-inc-sing-announces-initiative-designed-capitalize-pokemon-go-phenomenon/


What will they think of next....oh yeah, sports book. Muhahahahahaha. Stinkin’ genius.



GoodLuck!!!

At best you are in a stock you believe to be down over 90% from its high wishing on a prayer. At worst you don’t know anything about what you are putting your money into. Sad either way.


Lwe6683 have you been able to locate the SinglePoint guys at the conference?




GoodLuck!!!

Let’s just pretend you are right. The stock would be down over 90%. And you think that’s a buy????

Now as I’ve stated before......everyone paying attention????

On Aug.10 SING closed just under $.05. There was a freakish fat finger computer glitch spike to $.42. The next day Aug.11 SING opened still under $.05. It has NEVER EVER TRADED at $.42. If you don't believe just look at your charts 3 month, 1 year, 5 year never better than $.14. For reference check around post 25500. 25587 to be exact!!!!


GoodLuck!!!!

P.S. Use the sites you've referenced and see what their charts show.

Let’s just pretend you are right. The stock would be down over 90%. And you think that’s a buy????

Now as I’ve stated before......everyone paying attention????

On Aug.10 SING closed just under $.05. There was a freakish fat finger computer glitch spike to $.42. The next day Aug.11 SING opened still under $.05. It has NEVER EVER TRADED at $.42. If you don't believe just look at your charts 3 month, 1 year, 5 year never better than $.14. For reference check around post 25500. 25587 to be exact!!!!


GoodLuck!!!!

Actually, it really didn’t, FACT! You haven’t done more than 10 seconds of DD, FACT! The highest SING ever traded was .14, F. A. C. T.!!!!!!!! If you are invested at least know what is realty.


GoodLuck!!

Sing has never traded at $.40. I covered this months and months ago. The best it has done is .14 or something. They showed a loss of $50million last year. Where do any of you think that loss came from? Do you think they had $50 million stashed some where? They have never shown more than $500,000 in income. So they lost the $50 million through share selling via “buying” companies with stocks. This is a loser. Bet on it.

Oh and an argreement to give CarFax info isn’t that impressive. Lol


GoodLuck!!!!!

Over $52 million NET LOSS!!!! Yikes. That’s $50 million more than last year. Didn’t see that coming. I guess Kevin Harrington doesn’t come cheap.

Warning!! WARNING!!!! TURD ALERT!!!!




GoodLuck!!!!!

BINGO!!! Nailed IT!!! That is exactly right. And all my previous posts, though negative are factual and accurate, and point to that.




GoodLuck!

That website shows no phone number nor address. For a “tech company” it’s childishly basic. Also noticed they only accept Visa and MasterCard. What a laugh. These guys claim to be leading the way in crypto currency acceptance but yet they can’t accept it. Tooooo FUNNY!!!!!


GoodLuck!!!

Been awhile. I see some folks are getting rather wealthy around here. Greg, Will, and probably Kevin. Sorry for you others. Bad ‘Company’, bad finances, bad deals. All bad for business and anyone owning this stock. My condolences. Better luck on the next adventure. Can’t wait to see those financials for Q1. They should be fun. With all the acquisitions and no revenues, they should have lost several million easy. That’s the kind of company to invest in, if you hate money.




GoodLuck!!

https://www.otcmarkets.com/stock/SING/security


https://www.otcmarkets.com/stock/SING/disclosure


https://www.otcmarkets.com/stock/SING/profile




This site might treat you better. It’s what they had to prove to get OTCQB status. Super impressive. And to think, doing all that with only 5 employees. Remarkable!!!





GoodLuck

Based on the updated and supposed audited report 2billion authorized and 900million out. 2 holders owning 160 million or $9.6mil worth.


https://content.equisolve.net/singlepoint/media/214780ed9086cca776afb13622078965.pdf

Company only lost $13million+ through the first 3qts of 2017. They’re still paying over $20,000 a month to NNW to pump the crap. And they are doing all these mergers and acquisitions without any visible office space. Nothing funny going on here. Keep up the good work.

Oh yeah, and the up list still smells like a stinky pink sheet.


https://content.equisolve.net/singlepoint/media/214780ed9086cca776afb13622078965.pdf




GoodLuck

I'll be watching.



GoodLuck!

Please detail, what this 'company' has made happen?


GoodLuck

I don't think pointing out truths about a fake 'company' is bashing. My posts point out facts that are never refuted with any substantiation. Is there a fantasy sports site? Is convectium a viable machine or product? Do they have a crypto? Is DIGS a profitable business? Can you point to one dispensary that uses SinglePoint? Does SinglePoint=StinkyPinky? Do there financials show a profit or a $9million loss in Qt 3? Does that FaceBook video mention SinglePoint or anything about Sing the 'company'.

if only cheerleaders posted here what fun would that be. Or how fair to the innocent.


GoodLuck!!!!!!!

You guys will fall for anything. Lustful for that big gain. The doctored photo is obvious. And the video clip says nothing of this fake 'Company'. Financials show huge losses, 'business acquisitions' show nothing (legitimency or gains), and their hyped promises still never come true.


GoodLuck!!!!

Cannabis has been legal in many states for quite some time. Cryptocurrencies have been around for several years. While other businesses have thrived and made lots of money, this 'company' hasn't profited off of either. Nor will they ever. They push PR's and sell pipe dreams of riches. The only people getting rich here are Gregg and Will and some others on the inside of this thing. Ever used their app? Ever bought anything from DIGS? Ever played the Fantasy sports? Ever seen a oil machine sold or in use? Ever heard of a dispensary that used their software or hardware? Ever seen this 'company' follow through with one of their ideas, claims, or promises?



GoodLuck

It's not July, but I still feel the same way.


GoodLuck

How many of you have the App? I'm thinking none. It doesn't exist. Nor will it ever. Scam 'company' built on lies and chicanery.


GoodLuck

SING: NetworkNewsWire (NNW) will receive $21,980 per month from SING for Brand Awareness Distribution (BAD), Corporate Communications, News & Editorial Syndication, Press Release Enhancement and Social Media Solutions provided by NNW and Investor Based Brand Network. Please read entire NNW Disclaimer for FULL Compensation Disclosures.



SWRM: NetworkNewsWire (NNW) will receive $15,000 for 150 days from SWRM for Corporate Communications, News Syndication, Press Release Enhancement and Social Media Solutions provided by NNW and Investor Based Brand Network. Please read entire NNW Disclaimer for FULL Compensation Disclosures.



GOHE: NetworkNewsWire (NNW) will receive $35,000 per month for 180 days from GOHE for Brand Awareness Distribution (BAD), Corporate Communications, News & Editorial Syndication, Press Release Enhancement and Social Media Solutions provided by NNW and Investor Based Brand Network. Please read entire NNW Disclaimer for FULL Compensation Disclosures.



All that money pays for BAD information. Hahahahaha

GoodLuck

They release a lot of information about their partners, but has anyone ever heard from a customer? Customers are usually how businesses make money. SING has none that I've ever read about. It's all mergers and LOI's. They seem to do a lot of that for a 'company' that lost 9million in QT3. No one uses their products because they have no products. They sell a dream and get rich from it. When will SING sign a LOI to openly screw it's investors and laugh about it?


GoodLuck