SinglePoint Completes Asset Purchase Acquisition with Direct Solar in SinglePoint’s Largest Deal to Date
SINGLEPOINT INC (SING)
NASDAQ:AMEX Investor Relations:
ir.singlepoint.com
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Source: GlobeNewswire
PHOENIX, May 14, 2019 (GLOBE NEWSWIRE) -- via NetworkWire – SinglePoint, Inc. (OTC:SING) announces the successful completion of the Asset Purchase Agreement with Direct Solar and AI Live Transfers dated Feb. 22, 2019. Direct Solar is the largest acquisition to date for SinglePoint and instantly puts the company squarely into the renewable energy markets. According to Hexa Research, the solar market is expected to reach $20.09 billion USD by 2025. Direct Solar provides a LendingTree/Rocket Mortgage way for customers to assess and purchase solar. This model allows for the company to scale quickly and efficiently throughout the United States and globally. “This acquisition will securely place SinglePoint on a new path towards growth, revenue and overall profitability. We believe Direct Solar has the people and ability to scale beyond initial projections and truly make an impact on SinglePoint’s goal of getting a NASDAQ or NYSE listing. We believe in the following 12 months from the da
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