Tuesday, January 14, 2020

- #RenewableEnergy #Stocks Roaring 2020 – (OTCQB: $SING) (NASDAQ: $BLDP) (TSX: $BLDP.TO) (NASDAQ: $FCEL) (NASDQ: $TSLA) (NYSE: $TAN)How #Solar, #EV and #FuelCell Stocks are Giving Investors Something to SING about

- #RenewableEnergy #Stocks  Roaring 2020 – How #Solar, #EV and #FuelCell Stocks are Giving Investors Something to SING about
(OTCQB: $SING) (NASDAQ: $BLDP) (TSX: $BLDP.TO) (NASDAQ: $FCEL) (NASDQ: $TSLA) (NYSE: $TAN)



Point Roberts WA, Delta BC, January 14, 2020 – Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks issues a sector snapshot looking at how cleantech may be the sector to watch in 2020. Following on a strong year in 2019, solar stocks, fuel cell stocks and EV stocks are also leading the pack going into 2020.

Read the full article on Investorideas.com featuring solar companySinglePoint, Inc. (OTCQB: SING) and other companies in the sector

According to ETF.com’s recent article (Lara Crigger), “It's true that rising Iran-U.S. tensions have caused a spike in energy funds. Astonishingly, however, the best-performing ETF of the past few weeks wasn't an oil or a natural gas fund—but a renewable power one.

“Over the past 30 days, the SPDR S&P Kensho Clean Power ETF rose 16.4%, more than any other non-leveraged, non-inverse ETF.”   

According to a report and outlook for 2020 by Deloitte, “For the first time ever, in April 2019, renewable energy outpaced coal by providing 23 percent of US power generation, compared to coal’s 20 percent share.1 In the first half of 2019, wind and solar together accounted for approximately 50 percent of total US renewable electricity generation, displacing hydroelectric power’s dominance.“

2019 saw the global hydrogen fuel sector add more than 1GW of new capacity for the first time, according to a report by energy consultancy E4tech.

According to EEI, there were 18 million ELECTRIC VEHICLES (EV’S) on the road in the U.S.as of March 31, 2019.

SinglePoint, Inc. (OTCQB: SING) and its solar subsidiary, Direct Solar of America are seeing the strength in the sector first-hand. In a recent  update to shareholders, Greg Lambrecht, Founder and Chief Executive Officer said, “The 2020 domestic Solar Market is showing continued signs of riding a new tailwind driven by talks of a New Green Deal. We anticipate that renewables will continue to be an important issue around the country, and plan to focus the majority of our attention on growth in the solar and renewables space.”

He also went on to state. “This year management has set an internal goal to surpass $10,000,000 in gross revenues, primarily by the Company’s subsidiary SinglePoint Direct Solar LLC (“Direct Solar” doing business as Direct Solar of America). 2019 was a great year for SinglePoint in terms of continued fundamental improvement, setting the foundation for anticipated continued growth in 2020 and beyond. The Company achieved some significant milestones this year; it became fully reporting with the Securities and Exchange Commission, increased annual revenue, and acquired a Fifty One Percent interest in Direct Solar. We will continue to focus on creating shareholder value utilizing an acquisition strategy looking for emerging growth companies that would benefit from exposure and access to capital that a public company can provide.

Direct Solar now has over 60 people deployed across 11 states and 20 cities.

From 2017 to 2018 our gross revenue increased over 344% and is expected to increase to approximately $3,000,000 (Three Million) in 2019 representing our largest annual reported revenue in company history. In 2020 we expect this revenue increase to continue as SinglePoint will benefit from a full operating year of Direct Solar.”

Reflecting the strength of solar stocks, the Invesco Solar ETF (NYSE: ARCA: TAN) just recently hit a 52 week high.  According to Zack’s Research the move was based on this: “The highest-ever solar installation and the exemption of tariff on one type of solar panels have supported the upside. Moreover, the solar industry has been growing on a rebound in global solar demand, competitive pricing and potential Chinese subsidies. Also, California’s initiative to make solar panels essential to all new homes built in 2020 and beyond is helping the solar industry.“
Fund Holdings subject to change
Ticker
Company
% of Fund
SEDG
SolarEdge Technologies Inc
10.22
FSLR
First Solar Inc
8.74
ENPH
Enphase Energy Inc
7.59
968
Xinyi Solar Holdings Ltd
7.04
SSO
Scatec Solar ASA
5.64

Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) has been on a roar in 2020 as was one the top performers on the TSX in 2019. Ballard zero-emission PEM fuel cells are enabling electrification of mobility, including buses, commercial trucks, trains, marine vessels, passenger cars, forklift trucks and UAVs. According to their presentation, “Fuel cell technology is needed to achieve complete decarbonization of Transportation.”

In recent news, Randy MacEwen, Ballard President and CEO said, “In less than 10 years, it will become cheaper to run a fuel cell electric vehicle (FCEV) than it is to run a battery electric vehicle (BEV) or an internal combustion engine (ICE) vehicle for certain commercial applications.”

FuelCell Energy, Inc. (NASDAQ: FCEL) and Tesla (NASDAQ: TSLA) are both holdings in the CNRG SPDR S&P Kensho Clean Power ETF, both showing strong performance and showing fuel cell and EV’s are sectors to watch in 2020.

Tesla (NASDAQ: TSLAjust announced on January 3rd “In the fourth quarter, we achieved record production of almost 105,000 vehicles and record deliveries of approximately 112,000 vehicles. In 2019, we delivered approximately 367,500 vehicles, 50% more than the previous year and in line with our full year guidance.”

Production
Deliveries
Subject to lease accounting
Model S/X
17,933
19,450
14
%
Model 3
86,958
92,550
7
%
Total
104,891
112,000
8
%

“We continue to focus on expanding production in both the US as well as our newly launched facility in Shanghai. Despite breaking ground at Gigafactory Shanghai less than 12 months ago, we have already produced just under 1,000 customer salable cars and have begun deliveries. We have also demonstrated production run-rate capability of greater than 3,000 units per week, excluding local battery pack production which began in late December.”

Deloitte says, “The renewable energy industry is primed to enter a new phase of growth driven largely by increasing customer demand, cost competitiveness, innovation, and collaboration. Companies that are ready to innovate, collaborate, and seize new opportunities will likely thrive in a new phase of renewable growth.”

2020 renewable energy industry trends

Renewables’ costs competitiveness ushers in a new era of competition

The door is ajar for new offshore wind opportunities and may open wider in 2020

Growing resiliency imperative may mean an increasing role for renewables and storage

Collaboration is key to innovation in the renewable sector


Want to get more info on the sector? Visit the Cleantech and Climate Change Podcast page at Investorideas.com

Visit the renewable energy stocks directory: http://www.investorideas.com/Companies/RenewableEnergy/Stock_List.asp

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .

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. Disclosure:  This article featuring SING is a paid for service on Investorideas.com (two thousand) More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about 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: https://www.investorideas.com/About/Private_Policy.asp

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Thursday, January 09, 2020

#Cleantech and #ClimateChange #Podcast – Hydrogen and #FuelCell Technology Makes Headlines at CES in Las Vegas, @CES (NASDAQ: $BLDP) (TSX: $BLDP.TO) (NYSE: $TM) (KRX:012330)


#Cleantech and #ClimateChange #Podcast – Hydrogen and #FuelCell Technology Makes Headlines at CES in Las Vegas, @CES (NASDAQ: $BLDP) (TSX: $BLDP.TO) (NYSE: $TM) (KRX:012330)



Point Roberts WA, Delta BC, January 9, 2020 – Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks issues today’s edition of the Cleantech and Climate Change Podcast, talking about today's problems and solutions for the future.

Listen to the Podcast:



Transcript/overview

Today we are looking at Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP), Toyota (NYSE:TM) and Hyundai Mobis (KRX:012330) and how fuel cell technology made headlines at CES in Las Vegas this week. CES is the world's gathering place for all those who thrive on the business of consumer technologies.  

Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDPand Deloitte China announced the release of a joint white paper entitled "Fueling the Future of Mobility: Hydrogen and fuel cell solutions for transportation" at the Consumer Technology Association's CES 2020 trade show being held in Las Vegas, Nevada. This white paper is the first volume in a series exploring how hydrogen is set to power the future of mobility. Click here to download the white paper.
From the release - Randy MacEwen, Ballard President and CEO said, "In less than 10 years, it will become cheaper to run a fuel cell electric vehicle (FCEV) than it is to run a battery electric vehicle (BEV) or an internal combustion engine (ICE) vehicle for certain commercial applications."
Although FCEVs are currently more expensive to run per 100 kilometers (km) than BEVs and ICE commercial vehicles, they are set to become much cheaper as manufacturing technology matures, economies of scale improve, hydrogen fuel costs decline and infrastructure develops. Indeed, the white paper conservatively estimates the Total Cost of Ownership (TCO) for commercial hydrogen vehicles will fall by more than 50% in the next 10 years.
Toyota (NYSE:TM) this week at CES in Las Vegas announced plans to build a prototype “city” of the future on a 175-acre site at the base of Mt. Fuji in Japan.

From the press release: Called the Woven City, it will be a fully connected ecosystem powered by hydrogen fuel cells.

Envisioned as a “living laboratory,” the Woven City will serve as a home to full- time residents and researchers who will be able to test and develop technologies such as autonomy, robotics, personal mobility, smart homes and artificial intelligence in a real-world environment.

“Building a complete city from the ground up, even on a small scale like this, is a unique opportunity to develop future technologies, including a digital operating system for the city’s infrastructure. With people, buildings and vehicles all connected and communicating with each other through data and sensors, we will be able to test connected AI technology… in both the virtual and the physical realms … maximizing its potential,” said Akio Toyoda, president, Toyota Motor Corporation.

The city is planned to be fully sustainable, with buildings made mostly of wood to minimize the carbon footprint, using traditional Japanese wood joinery, combined with robotic production methods. The rooftops will be covered in photo-voltaic panels to generate solar power in addition to power generated by hydrogen fuel cells.  Toyota plans to weave in the outdoors throughout the city, with native vegetation and hydroponics.
The groundbreaking for the site is planned for early 2021.


Toyota (NYSE: TM) to Build Prototype City of the Future

Hyundai Mobis (KRX:012330displayed new technologies such as M.Vision S, the autonomous driving-based mobility concept for urban sharing and the hydrogen fuel cell system at CES.
Hyundai Motor Group has secured the world’s best hydrogen fuel cell system technology and Hyundai Mobis runs the world’s largest production line exclusively for hydrogen fuel cell modules in Chungju, Chungcheongbuk-do.

If you would like to be a guest on this podcast and tell your story please call me at 800 665 0411

For investors following fuel cell stocks we do have a directory of publicly traded stocks – visit https://www.investorideas.com/membership/ to learn more.

Thanks, that’s it for today. Do something good for this beautiful planet each and every day.

Podcast host: Dawn Van Zant

The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Sticher, Spreaker.com, iHeart.com and Google Play Music.

Visit the Cleantech and Climate Change Podcast page at Investorideas.com

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .
The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

Sign up to get Investorideas.com original branded content - podcasts and commentary in the hottest sectors


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. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about 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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Investorideas.com - Cannabis/Solar Stock News: AUDIO: SinglePoint (OTCQB: SING) CEO Shares Exciting 2020 Vision

Investorideas.com - Cannabis/Solar Stock News: AUDIO: SinglePoint (OTCQB: SING) CEO Shares Exciting 2020 Vision

Tuesday, January 07, 2020

#Cleantech and #ClimateChange Podcast – Hydrogen and #FuelCell Stocks on the Run - (NASDAQ: $BLDP) (TSX: $BLDP.TO), (NASDAQ: $FCEL) (NASDAQ: $PLUG)

#Cleantech and #ClimateChange Podcast – Hydrogen and #FuelCell Stocks on the Run - (NASDAQ: $BLDP) (TSX: $BLDP.TO), (NASDAQ: $FCEL) (NASDAQ: $PLUG)

Automotive Fuel Cell Market to reach USD 17.24 Billion by 2026, Better Fuel Efficiency Properties of Vehicles to Help Boost Market, says Fortune Business Insights



Point Roberts WA, Delta BC, January 7, 2020 – Investorideas.com, a global news source and leading investor resource covering cleantech and renewable energy stocks issues today’s edition of the Cleantech and Climate Change Podcast, talking about today's problems and solutions for the future.

Listen to the Podcast:


Note all stock prices referenced were at the close of January 6, 2020.

Transcript/overview

Today we are looking at Hydrogen and Fuel Cell Stocks (NASDAQ: BLDP) (TSX: BLDP), (NASDAQ: FCEL) (NASDAQ: PLUG)

Ballard Power Systems (NASDAQ: BLDP) ( TSX: BLDP) had no news out but the stock  closed at $8.30+0.49 (+6.27%) on over 3 million shares.

Plug Power Inc. (NASDAQ: PLUG), a leading provider of hydrogen engines and fueling solutions enabling e-mobility, announced it had received an order at the close of 2019 from a Fortune 100 customer for hydrogen fuel cell deployments across their distribution network over the next two years. This contract, valued at more than $172 million, is for Plug Power's GenDrive fuel cell power, GenFuel hydrogen fuel, storage and dispensing infrastructure, and GenCare aftermarket service and support.

The global total available market for material handling is currently valued at $30 billion. Plug Power's turnkey hydrogen and fuel cell solutions are attractive in high utilization environments, where they have a distinct advantage as compared to batteries. Hydrogen fuel cells are adopted to increase productivity, lower operational costs and reduce greenhouse gas emissions. Plug Power customers have reported a 15% productivity increase, and savings per year greater than $1 million in sites with approximately 200 forklift trucks.

The stock closed at $3.8200+0.5900 (+18.27%) on over 38 million shares.

FuelCell Energy, Inc. (NASDAQ: FCEL) a global leader in delivering clean, innovative and affordable fuel cell solutions provided an update on the development and successful launch of production stack modules with extended life. As previously reported, the company transitioned production from its five-year stack design to its seven-year stack design in the fourth quarter of fiscal year 2018. This transition followed an innovation effort focusing on improving the stability of the core cell components as well as improving overall stack and stack module designs. The seven year carbonate fuel cell stack life improvement was achieved with less than 5% increase in the cost of the stack module.

The stocks closed at $2.2200+0.1600 (+7.77%) on over 34 million shares with a day’s high of $2.35.

Highlights included:
Production shifted from 5-year to 7-year life stack design in 2018, and subsequent fleet performance is meeting expectations for the new design

Early prototype stacks with two-years of operation and production stacks with more than one year of operation are trending according to seven-year life expectations

40% increase in kWh output expected from each stack before module refurbishment

40% decrease in effective cost expected per kWh output from longer-lived stacks, significantly reducing operating costs

Leading the industry in stack life among high temperature fuel cell suppliers

Looking at the sector, according to a recent report from Fortune Business Insights; “The Automotive Fuel Cell Market will reach USD 17.24 Billion by 2026, Better Fuel Efficiency Properties of Vehicles will Help Boost the Market.”

The report goes on to say, ”Key factors promoting the Automotive Fuel Cell Market growth include better fuel efficiency, a decline in fossil fuel dependency, quick refilling, no greenhouse gas emission in the atmosphere. Besides this, the rise in demand for incorporating alternative fuel cells in automobiles for keeping a check on the environment is likely to help attract high Automotive Fuel Cell Market revenue in the forthcoming years. Various countries are adopting the implementation of new policies for promoting hydrogen-based automotive vehicles and this is further anticipated to increase the market shares in the coming years.”

If you would like to be a guest on this podcast and tell your story please call me at 800 665 0411

For investors following fuel cell stocks we do have a directory of publicly traded stocks – visit https://www.investorideas.com/membership/  to learn more

Thanks, that’s it for today. Do something good for this beautiful planet each and every day.

Podcast host: Dawn Van Zant

The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Sticher, Spreaker.com, iHeart.com and Google Play Music.

Visit the Cleantech and Climate Change Podcast page at Investorideas.com

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news, research and original financial content. Learn about investing in stocks and sector trends with our news alerts, articles, podcasts and videos, looking at cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy and more. Investor Idea’s original branded content includes the following podcasts and columns : Crypto Corner , Play by Play sports and stock news column, Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast and column,  Cleantech and Climate Change , Exploring Mining  the AI Eye .
The Investorideas.com podcasts are also available on iTunes,  Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.

Visit the Podcast page at Investorideas.com:

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. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about 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: https://www.investorideas.com/About/Private_Policy.asp

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#Cannabis/ #Solar #Stock News: SinglePoint (OTCQB: $SING) CEO Shares Exciting 2020 Vision; @_singlepoint_

#Cannabis/ #Solar #Stock News: SinglePoint (OTCQB: $SING) CEO Shares Exciting 2020 Vision; @_singlepoint_

#SinglePoint Inc. ( $SING) shares a recap of 2019 and direction for 2020





Phoenix, Arizona - January 7, 2020 (Investorideas.com Newswire) To our shareholders:

I personally want to thank all of our 24,000+ shareholders for their continuing support of SinglePoint. This year management has set an internal goal to surpass $10,000,000 in gross revenues, primarily by the Company's subsidiary SinglePoint Direct Solar LLC ("Direct Solar" doing business as Direct Solar of America). 2019 was a great year for SinglePoint in terms of continued fundamental improvement, setting the foundation for anticipated continued growth in 2020 and beyond. The Company achieved some significant milestones this year; it became fully reporting with the Securities and Exchange Commission, increased annual revenue, and acquired a Fifty One Percent interest in Direct Solar. We will continue to focus on creating shareholder value utilizing an acquisition strategy looking for emerging growth companies that would benefit from exposure and access to capital that a public company can provide.

Direct Solar now has over 60 people deployed across 11 states and 20 cities. In the 3rd and 4th quarters of 2019 we launched a national proprietary brand. 1606 Original Hemp capitalizes on the emerging trend in the smokable hemp market and has already been picked up by distributors and retail outlets. We also continue to expand our merchant service portfolio.

From 2017 to 2018 our gross revenue increased over 344% and is expected to increase to approximately $3,000,000 (Three Million) in 2019 representing our largest annual reported revenue in company history. In 2020 we expect this revenue increase to continue as SinglePoint will benefit from a full operating year of Direct Solar.

My belief in SinglePoint is more concrete than ever. As the CEO and a large shareholder, I have personally invested capital into the company to expand our growth and operations. SinglePoint has made tremendous strides in sales revenue and account acquisition which gives me a high level of confidence and excitement for the future.

In 2020 management is optimistic that the establishment of solid fundamentals and the continued growth of the Company provides the opportunity to drive the Company's market cap and overall shareholder to exceed historical levels. Over the past three years the volume weighted average price has been approximately $0.05 and our historical average daily volume has provided significant liquidity for our shareholders.(1)

The 2020 domestic Solar Market is showing continued signs of riding a new tailwind driven by talks of a New Green Deal. We anticipate that renewables will continue to be an important issue around the country, and plan to focus the majority of our attention on growth in the solar and renewables space. National media attention on the renewable energy opportunities should provide increased exposure which we believe will help drive the business, and revenue of Direct Solar, and hopefully increase our market cap and shareholder value. We are not alone in our belief in the emerging renewable energy market; recently Goldman Sachs has announced a $4,000,000,000 fund for renewable energy.

Vision for 2020
We plan to drive our 2020 vision through organic growth in high value, high opportunity markets, scale and grow revenue through synergistic acquisitions, and to invest in and develop exceptional talent within our organization and our subsidiaries. In mid 2019 we acquired Direct Solar which has grown at a greater rate than anticipated, and has developed a scalable business model that is attracting talented industry business professionals to help accelerate its rapid national footprint expansion. In just a few months since May 2019 Direct Solar has expanded into multiple states including Arizona, Texas, New Mexico, Illinois, Florida, Missouri, and South Carolina.

Direct Solar operates under a unique national solar energy brokerage model. It helps identify and provide contractors for the installation of the best available solar energy system for any residential or commercial location. This model benefits our customers by making sure they see increased benefits and complete satisfaction, while we make sure they realize the most optimal cost savings. With various financing options, multiple choices for Solar Power technology, and 100's of contractors to choose from, our customers value our extensive experience in creating customized solutions that meet their needs. We are changing the way people currently purchase solar. Continuing to scale Direct Solar is a strategic focus for 2020. We continue to explore additional markets and assess market viability.

In addition to the success of Direct Solar, our initial investment in Jacksam Corporation also proved to be fortuitous. Jacksam Corporation continued to grow within its market and eventually went public at an initial valuation which was higher than our initial investment. Additionally, our acquisition of Discount Indoor Garden Supplies, Inc. ("DIGS") is beginning to produce positive results. DIGS is an established business providing white label and fulfillment services for the hemp and CBD industry. DIGS is self-sustaining and continues to organically grow providing the company with additional revenue each year. Our early success with DIGS led us to reinvent SingleSeed which now provides CBD products direct to consumers at SingleSeed.com. Our exposure to the consumer CBD market allows us to identify early consumer product trends and opportunities, which we are uniquely positioned to take advantage of given our historical expertise. In late 2019 we developed and launched a proprietary brand of hemp products called "1606 Original Hemp" and 1606hemp.com. We are encouraged by the reception and demand this new product category received at the 2019 National Association of Convenience Store Show ("NACS"). Our success at NACS with the smokable hemp product allowed SinglePoint to secure a distribution agreement to distribute PrimeTime Flavored Cigars with Japan Tobacco USA, a division of Japan Tobacco International which operates in over 130 countries. I have a long history in the Consumer Product space and was a part of the initial launch of the PrimeTime product, placing it in over 25,000 accounts, in conjunction with my involvement at Premium Cigars International in which I was a principal founder prior to its Initial Public Offering on NASDAQ.

In closing, I believe best of SinglePoint is yet to come. I believe we are currently undervalued compared to our historical valuation range over the past three years, but our continued focus on the fundamentals of acquiring great businesses in emerging markets is starting to show results that should increase our shareholder value. I started SinglePoint over 13 years ago as LifeStyle Wireless. I have been the CEO of this public entity since 2011, working every day to increase shareholder value. Through revenue and profit we expect our share price to follow suit. I believe our acquisitions have the ability to create sustainable revenue growth and profitability. I am committed to continuing to improve the Company's profile as evidenced by SinglePoint achieving fully reporting status with the SEC and listing to the OTCQB. There is more work to do and SinglePoint is up to the challenge. I am looking forward to more positive results this year and appreciate the continued support of our shareholders.

-Go SING!

Sincerely
Greg Lambrecht
Founder and Chief Executive Officer
SinglePoint, Inc.


About SinglePoint, Inc.
SinglePoint, Inc (SING) invests in and acquires brands and companies that will benefit from an injection of growth capital and the sales and marketing expertise of SinglePoint. The Company's portfolio currently includes solar, Hemp and distribution tobacco products. SinglePoint is working to grow the company to a multinational brand.

About Direct Solar of America
Direct Solar of America is a subsidiary of SinglePoint Inc. (SING). Direct Solar of America, a solar energy brokerage, helps find and install the best available solar energy system for any building, residential or commercial.

About DIGS
DIGS operates Private Label Hemp Co which is a seed to sale full-service private label manufacturer of industrial hemp CBD products with over 10 years industry experience. All of our products are of the highest quality and include third party accredited lab Certificates of Analysis (CoA's) demonstrating purity and potency.

About SingleSeed
SingleSeed is an ecommerce platform distributing multiple brands of hemp CBD products. We strive for quality in the products we produce and carry. SingleSeed offers the highest quality USA grown Hemp based CBD Products. We pride ourselves on providing premium products and customer service to ensure the best experience possible. SingleSeed offers a variety of CBD products from tinctures to capsules. Quality CBD you can Trust.

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 revenues, growth, acquisitions, financial projections, 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.
855-711-2009
investors@SinglePoint.com
SinglePoint.com


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

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