|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0042 - 0.0050|
|52 Week Range||0.0025 - 0.0130|
|Beta (5Y Monthly)||2.41|
|PE Ratio (TTM)||N/A|
|Earnings Date||Mar 31, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
SinglePoint Inc (OTC: SING) is pleased to announce the company's solar subsidiary Direct Solar of America has signed an agreement with Soligent Distribution LLC. The agreement provides Direct Solar of America the ability to sell, finance and supply contractors with the materials every project needs through Direct Solar of America. This provides instant growth for the company as the company will recognize additional revenue streams and profit through the agreement.
SinglePoint Inc. (OTC:SING) recaps and highlights recent corporate developments. SinglePoint management has made a conscious and deliberate effort to position the Company to capitalize on the emerging growth opportunities in the U.S. solar industry, primarily in residential rooftops and small commercial installation opportunities. SinglePoint believes that a focused solar-centric strategy will deliver measurable and quantifiable results. The Company is focused on capturing market share through the buildout of our national solar network as well as growing the annual revenues and profitability within the business segments that should increase shareholder value.
SinglePoint Inc. (OTC:SING) announces the Company has restructured two current secured convertible promissory notes (the "Notes") which eliminated a large portion of its existing debt on its balance sheet. Pursuant to the Amendment, the Lenders agreed to refrain from making any conversion under the Notes subject to the terms, amendments, conditions and understandings expressed in the Amendment, extended the maturity date, provided monthly cash payment terms, and removed the toxic derivative debt on the Company's balance sheet. The Agreement outlines a comprehensive restructuring that improves the Company's balance sheet.