Singlepoint Inc (SING)

[WiseTrader55]

Never….ever….EVER wish for a stock price to stay low! This share price is extremely low and undervalued.

I did some research and found that many SOLAR companies in the OTC have higher values compared to SING when factoring in the balance sheet and projected revenues.

Let’s look at SIRC for example. It has a market cap of $175 mil on projected 2022 revenues (unaudited) of $200 mil once all of their acquisitions are folded into their company per a company press release. SIRC still has a large amount of toxic debt on its books and has an unaudited balance sheet. It is PINK sheet, not OTCQB, and is not fully reporting like SING.

SING has a market cap of $6 mil on projected 2022 revenues of $40-$50 mil once all acquisitions (Boston Solar and one unnamed company they are negotiating with). The $40-$50 mil DOES NOT include Box Pure Air. Box PureAir alone could generate $10-$20 mil on all the school contracts currently under negotiation. SING has ZERO toxic debt and is a fully reporting company.

On a forward looking basis, SIRC shares are valued 480% higher than SING when accounting for number of shares outstanding, revenues, and market cap.

If the market valued SING like it does SIRC…the SING share price would be .73.

I know this is an overly simplistic approach and there are many more factors involved, but any way you look at it, SIRC is either over-valued or SING is undervalued.

I still prefer SING to any company that has slimy Pablo as it’s President!

Wait for it…wait for it…the BeSIRCer’s will be piling on my comments soon!