Pending LOI With Standard Eco Solar,Restructuring Debt Removing Millions of Dollars of Liability Off the Balance Sheet, Direct Solar Signing an Agreement With Largest Material Suppliers in the Solar Industry
Phoenix, AZ -- (ReleaseWire) -- 10/09/2020 --SinglePoint Inc. (OTC:SING) is excited to announce the latest video in which President Wil Ralston touches on multiple developments potentially changing the underlying fundamentals for the company in order to make way for a major move in the right direction.
Key Updates from the company include
-Continuing to work on acquisition model
-Pending Letter of Intent with Standard Eco Solar for new revenue and business
-Restructuring Debt Removing millions of dollars of liability off the balance sheet within weeks
-Direct Solar has signed an agreement with the largest material supplier in the solar industry instantly allowing Singlepoint to double its revenue.
CHECK OUT THE VIDEO HERE > PRESIDENT WIL RALSTON UPDATE
About SinglePoint, Inc.
SinglePoint Inc. (OTC: SING) is a fully reporting company with core holdings in Solar Energy Services. Acquired in May 2019, Direct Solar America, a majority owned subsidiary, now operates its leading national solar sales brokerage model in 38 states. In the past year Direct Solar America has virtualized its sales platform and has added to its corporate offerings to include Direct Solar Capital (Financial) and Direct Solar Commercial with a focus on financing, designing or developing small to mid-size commercial opportunities and projects. The Company has a portfolio of non-core focused businesses that are searching for strategic partnerships or other alternative solutions. SinglePoint is committed to positioning the Company to be able to up list to the highest exchange possible which we feel is a benefit to our stakeholders and shareholders.
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For more information visit: www.SinglePoint.com
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.
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