Singlepoint Inc (SING)

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SinglePoint CEO, Greg Lambrecht, states, “The acquisition of the Six Sigma assets and contracts equate to almost immediate additional revenues for SinglePoint. It also gives us additional access to the mobile payments market worldwide.”

He adds, “We service a strong and growing sector in the payments industry and I am confident that the agreement between SinglePoint and Sigma will add significantly to our bottom line.”

“The deal is a win-win as all are confident the performance potential for SinglePoint, inclusive of this acquisition, will have a significant positive impact on increasing shareholder value and overall growth,” comments Vara Prasad Boddu, CEO of Sigma. “We are confident that the company can generate an additional $1m+ in revenues by the end of Q1 2014.”