Singlepoint Inc (SING)

[WiseTrader55]

Read this PR from last October again:

https://www.prnewswire.com/news-releases/direct-solar-of-america-closes-transaction-with-principals-of-standard-eco-creating-framework-for-a-multi-state-solar-installation-network-beginning-execution-of-previously-announced-national-solar-network-strategy-301150967.html

This paragraph really stood out:


As previously announced via an LOI in July 2020, Direct Solar of America and SinglePoint Inc. begun due diligence related to the previously announced LOI. The parties reached a final agreement based upon the outcomes and completion of that phase. The original transaction was expected to close no later than December 2020 and was based primarily on Standard Eco's ability to continue to deliver revenue and profitability results in 2021, 2022, and 2023 comparable with the previously reported unaudited revenues of $12,331,703 in 2018 and $11,345,061 in 2019.

Look at those revenues....as majority owner of Direct Solar, Singlepoint should see a huge bump in revenues simply from this acquisition. It’s clear that this added very little to the bottom line in 2020, but if Standard Eco generates anywhere near what they generated in 2018, 2019 (2020 revenues would not have been available at the time of this PR) Singlepoint stands to benefit greatly!

2021 should be a transformative year for Singlepoint AND shareholders.