Friday, May 29, 2020

SinglePoint (OTCQB: $SING) CEO Joins Money TV Discussing Q1 Revenue Up Over 300%

SinglePoint (OTCQB: $SING) CEO Joins Money TV Discussing Q1 Revenue Up Over 300%

Phoenix, Arizona - May 29, 2020 (Investorideas.com Newswire) SinglePoint, Inc. (OTCQB: SING) Greg Lambrecht CEO joins MoneyTV to discuss Q1 revenue, and the future of 2020. The interview goes into goals for 2020 through Direct Solar America as well as 1606 Hemp.



Cannot view this video? Visit:
https://www.youtube.com/watch?v=B5z6BwLJiv8

About SinglePoint, Inc.
Founded in 2011 SinglePoint, Inc (SING) invests in and acquires brands and companies that will benefit from injection of growth capital and the sales and marketing expertise of SinglePoint. The company portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multinational brand.

Connect on social media at:
For more information visit: www.SinglePoint.com

Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Corporate Communication
SinglePoint Inc.
888-OTC-SING
investors@SinglePoint.com
SinglePoint.com

SinglePoint (SING) is a featured stock on Investorideas.com

More info on SING at Investorideas.com Visit: https://www.investorideas.com/CO/SING/


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Tuesday, May 26, 2020

#Solar Growth Drives SinglePoint (OTCQB: $SING) to Achieve a 300% Increase in Q1 Revenue @_singlepoint_

#Solar Growth Drives SinglePoint (OTCQB: $SING) to Achieve a 300% Increase in Q1 Revenue @_singlepoint_

PHOENIX, AZ - May 26, 2020 (Investorideas.com Newswire) SinglePoint, Inc. (OTCQB: SING)







SinglePoint: Q1 Revenue
Financial Highlights
  • First quarter revenue up 309% - $1,075,222
  • First quarter gross profit up 309% - $309,614
  • Announced Agreement to raise up to $7M in growth capital

Operational Highlights
  • Direct Solar America leverages transformation of sales platform to expand from 7 states to over 30 states
  • Launched innovative moisturizing Klen Hands sanitizer
  • Expansion of Retail Footprint of 1606 Hemp to over 400 retail storefront locations

SinglePoint Inc. (SING) files quarterly financials for the period ending March 31, 2020. The company had total sales of $1,075,222 a 300% growth compared to the same period in 2019. The majority of the revenue was attributable to the acquisition of Direct Solar America and the backlog of projects developed throughout Q4.

Direct Solar America had amassed a record pipeline of (solar bookings) throughout Q4 of 2019 and the early period of Q1 2020 many of which installed during Q1 2020. During the first quarter, Direct Solar America added multiple new markets, now totaling 30 states. The company saw record bookings during February closing over 40 residential sales. Due to the challenges presented by the operational disruptions businesses and consumers faced in response to the COVID-19 virus March was slower than anticipated. The Company accelerated the transition to a completely digital sales platform facilitating contactless solar sales, which enabled Direct Solar America to quickly expand into new markets. The digital sales platform has reduced costs as highlighted and featured in GreenTech Media, an industry leader focused on the clean energy industry, discussing the changes made and how they will impact the company in the near and long term.

Looking ahead, the Company has growing performance of the consumer products and a healthy solar pipeline comprising residential bookings and new incremental and accretive commercial sales. The Company began to experience the effects of disruptions caused by the pandemic late in the first quarter and expects continuing effects to be felt primarily in the 2nd Quarter.

"Direct Solar America and our consumer product 1606 Original Hemp are both gaining traction and revenue growth," states Greg Lambrecht, CEO and Chairman, SinglePoint, Inc. "We continue to analyze and to take actions to transform and realign our business opportunities and we remain bullish on the long-term ability for the company to grow revenues, improve the balance sheet and increase shareholder value."

The Company outperformed on gross revenue in Q1, which ended in March, and pivoted operational plans to address headwinds that will mostly be felt in the 2nd Quarter of 2020 due to the ongoing global pandemic related to the COVID-19 Coronavirus. The ability for the Company to deliver strong operational results meeting internal expectations is a testament to our senior leadership and flexibility but the true effects of the shutdown will be felt during the 2nd quarter. We have reason to believe that our introduction of new products and our shift in sales strategies coupled with increasing reopening of the country indicates that we will see an increase in the 3rd and 4th quarters back to our targeted forecasted range.

We are committed to providing the opportunities for our shareholders to have access to liquidity with respects to their ownership in our stock. We have explored and will continue to explore various different listing options including cross listing and up listing to a higher exchange. The recent history of the company, audited financials, becoming fully reporting, uplisting to the OTCQB were significant achievements and milestones. We will continue to and plan on taking decisive actions that we feel are in the best interest of the company and its shareholders to maintain and eventually improve our equity structure, market capitalization, and to assess options related to the total number of shares outstanding that encourages investment. Management believes that maintaining the OTCQB listing is a priority as it positions the Company to achieve current business objectives and provides a foundation for a broader shareholder and customer base as the Company focuses on executing toward its key strategic objectives.

As previously reported, we took decisive and aggressive actions to reimagine the traditional sales model associated with solar to a virtual sales platform. This shift enables rapid scale as evidenced by our addition of new states and accelerates our efforts to enhance our competitive advantage within our solar business model that allows for scale. We expect to continue to add additional states in an effort to cover the entire domestic and addressable US market.

Our core business delivers products and services that consumers will continue to utilize whether its saving money, going green, and reducing sole dependence on a single-sourced energy/electrical supply or looking for a premium product such a Klen hand sanitizer that is designed to moisturize as well as sanitize. Our brand of smokable hemp product provides the benefits of immediate delivery of the benefits of hemp. The product is nontobacco with no additives and can be sold online and can be found through our increasing number of retailers carrying the product.

"We are pleased with the revenue the Company was able to recognize during the 1st quarter. To surpass the $1M revenue achieved in a quarter is a significant threshold and is a testament that we were executing the strategic vision highlighted in January 2020. During the onset of the Covid-19 crisis and the ensuing global disruption caused, our employees continued to push forward while everybody stayed safe as we adapted to the new business normal. Our teams' dedication and hard work enabled us to launch the contactless / virtual solar sales process in weeks versus a much longer anticipated implementation. This has turned out to be a great innovation and competitive advantage for Direct Solar America. We have incorporated parts of this contactless sales process across our sales efforts for our consumer products in smokable hemp and hand sanitizer. We anticipate that the reopening of the economy coupled with a return of consumer confidence will allow us to stay on track for our annual revenue target. We remain focused on closing commercial solar projects that have been delayed but are currently in process in addition to increasing and expanding our 1606 Hemp market share to bolster and achieve our revenue goals," Greg Lambrecht CEO SinglePoint.

In addition to the quarterly revenue growth results and operational improvements, the Company successfully re-paid a convertible investor note, (the "CVP Note") dated October 10, 2017, during the first quarter (Q1) of 2020. The Company and management will continue to find accretive ways to work with our long-term investing partners to strategically eliminate outstanding notes in order to improve the balance sheet as we believe it is in the best interest of our shareholders. The Company's fully reporting status will improve our ability to access the necessary growth capital through more traditional financing sources and it should be further enhanced by its entrance into multiple emerging business markets in conjunction with delivering consistent annual revenue growth as represented in the 2020 financial results.

About SinglePoint, Inc.
Founded in 2011 SinglePoint, Inc (SING) invests in and acquires brands and companies that will benefit from injection of growth capital and the sales and marketing expertise of SinglePoint. The company portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multinational brand.

Our Companies

Connect on social media at:
For more information visit: www.SinglePoint.com

Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Corporate Communication
SinglePoint Inc.
888-OTC-SING
investors@SinglePoint.com
SinglePoint.com





SinglePoint (SING) is a featured stock on Investorideas.com

More info on SING at Investorideas.com Visit: https://www.investorideas.com/CO/SING/


Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. For Disclosure purposes SinglePoint Inc (OTCQB: SING) is a paid  annual news and social media company on Investorideas.com.  More disclaimer info: 
https://www.investorideas.com/About/Disclaimer.asp and https://www.investorideas.com/About/News/Clientspecifics.asp . Learn more about our prices for publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com
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Friday, May 22, 2020

Video: SinglePoint (OTCQB: $SING) Surpassing $1 Million in Q1 Revenue CEO Joins Money TV Providing Key Insights to Corporate Growth; @_Singlepoint_

Video: SinglePoint (OTCQB: $SING) Surpassing $1 Million in Q1 Revenue CEO Joins Money TV Providing Key Insights to Corporate Growth; @_Singlepoint_



Phoenix, Arizona - May 22, 2020 (Investorideas.com Newswire) SinglePoint, Inc. (OTCQB: SING) CEO Greg Lambrecht joins MoneyTV discussing Q1 2020, 300% growth in revenue. The interview goes on to discuss the success of the 1606 Hemp retail rollout as well as commercial solar opportunities.



Cannot view this video? Visit: https://www.youtube.com/watch?v=d-RIdGrs9mE

About SinglePoint, Inc.
Founded in 2011 SinglePoint, Inc (SING) invests in and acquires brands and companies that will benefit from injection of growth capital and the sales and marketing expertise of SinglePoint. The company portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multinational brand.

Connect on social media at:
For more information visit: www.SinglePoint.com

Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Corporate Communication
SinglePoint Inc.
888-OTC-SING
investors@SinglePoint.com
SinglePoint.com

SinglePoint (SING) is a featured stock on Investorideas.com

More info on SING at Investorideas.com Visit: https://www.investorideas.com/CO/SING/


Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. For Disclosure purposes SinglePoint Inc (OTCQB: SING) is a paid  annual news and social media company on Investorideas.com.  More disclaimer info:
https://www.investorideas.com/About/Disclaimer.asp and https://www.investorideas.com/About/News/Clientspecifics.asp . Learn more about our prices for publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ and tickertagstocknews.com Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy:

Investor Ideas does not condone the use of cannabis except where permissible by law. Our site does not possess, distribute, or sell cannabis products.




Tuesday, May 05, 2020

Cleantech Stock News: LOOPShare (TSXV: $LOOP.V) (OTCQB: $LPPPF) Announces Partnership with Moduurn Mobility Inc.

Vancouver, British Columbia - May 5, 2020 (Investorideas.com Newswire) LOOPShare Ltd. (TSXV: LOOP) (OTCQB: LPPPF) (FSE: 3KZ) ("LOOPShare" or the "Company") is pleased to announce that it has executed a letter of intent with Moduurn Mobility Inc. ("Moduurn") of Victoria, British Columbia with respect to a potential partnership between the companies. Moduurn's mobile ordering platform, enables businesses of all sizes, to deploy their own brand of mobile ordering applications to serve their customers and employees from anywhere in the world. The Moduurn technology has been implemented into multiple sectors including restaurants, hotels, retail stores, grocery, cafeterias, golf courses, stadiums, and festivals. Moduurn's clients have included: BC Hydro, Compass Group, Husky Energy, Atco Logistics, Big Wheel Burger, Baan Thai Restaurant, and the 2014 Olympic Games in Sochi.
The potential partnership would involve the integration of Moduurn's mobile ordering platform with LOOPShare's fleet of electric scooters and the LOOPShare technology platform. LOOPShare and Moduurn will be able to provide a turn-key solution to businesses seeking to run a delivery operation, whether they be restaurants, pharmacies or similar businesses. This collaboration will provide business with an alternative to outsourcing delivery to third party providers and allow them to self-manage the process through an eco-friendly, affordable and easy to use application and electric transportation package. This in turn will allow business to garner higher margins from their delivery operations without a significant administrative burden.
"We are extremely excited to work with Moduurn Mobility, and see an amazing opportunity to produce a comprehensive technology product that will allow clients to handle all components of ordering, fulfilment and now delivery using our zero emission scooters", said Matthew Clayton, CEO of Loopshare Ltd. "We will immediately tap into Moduurn's two hundred plus existing clients, and equally, start to bring our vendors over to Moduurn's online platform. This is a winning partnership that will allow for exponential growth for both brands"
"Our software platform and ordering system continues to grow throughout North America, and with the intensity that COVID 19 has brought to industry, delivery has never been more important", said Alex Cook, CEO of Moduurn Mobility Inc. "We are excited to pair our services up with LOOPShare, and look forward to offering our clients a zero emissions option for delivering their meals and supplies".
The transaction with Moduurn is conditional on the execution of a definitive agreement (the "Agreement") and the satisfaction of certain conditions that will be contained in the Agreement. These conditions will include, among other things, the receipt of all other necessary consents, approvals and authorizations required by either party.
About Moduurn
Moduurn Mobility Inc. is a company that makes it easy for businesses to create their own branded, beautiful, and reliable mobile ordering apps. Promote your business, build a loyal clientele, increase sales and reach, set up special offers or just test out new ideas. Moduurn's App Builder has everything you need to create a fully branded, high-quality mobile ordering app for your business. To learn more, visit www.moduurn.com.
About LOOPShare
LOOPShare Ltd. is an emerging global leader in ridesharing, micro-mobility and sustainable transportation. To learn more, visit www.loopscooters.com.
Company Contact
info@loopshareltd.com
604-568-1598
Cautionary Note Regarding Forward-Looking Information
This news release contains "forward-looking information" concerning anticipated developments and events related to LOOPShare Ltd. (or the "Company") that may occur in the future. Forward looking information contained in this news release includes, but is not limited to, statements with respect to the potential partnership with Moduurn and its opportunities for businesses to manage delivery operations.
In certain cases, forward-looking information can be identified by the use of words such as "expects", "intends", "anticipates" or variations of such words and phrases or state that certain actions, events or results "may", "would", or "might" suggesting future outcomes, or other expectations, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain factors and assumptions regarding, among other things, the accuracy, reliability and applicability of the Company's business model; the timely receipt of licenses; the timely receipt of inventory; operational success; the implementation of the Company's business plan as intended; the Company's ability to access financing; and the impact of competition. While the Company considers these assumptions to be reasonable, they may be incorrect.
Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed by the forward-looking information. Such factors include risks related to acts of God, the impact of general economic conditions, changing transportation industry conditions, increases in operating costs, terrorism, currency fluctuations, risks related to the effect of the COVID-19 pandemic on the global economy and demand for the Company's products and services, interest rates, risks specific to the transportation industry, the ability to attract qualified personnel, labour disputes, regulatory risks, including risks relating to the acquisition of the necessary licenses, financing, capitalization and liquidity risks, including the risk that the financing may not be obtained and the additional risks identified in the "Risk Factors" section of the Company's filings with applicable Canadian securities regulators.
Although the Company has attempted to identify factors that could cause actual results to differ materially from those described in forward-looking information, there may be other factors that cause results not to be as anticipated. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update forward-looking information.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.
More Info:
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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions.
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