SinglePoint, Inc. (SING)

SinglePoint_HORIZ-1501SinglePoint, Inc is a technology company that develops and sells mobile business platforms. Its products allow businesses to accept mobile payments, implement text message marketing, and conduct mobile auctions. The company has also created a solutions provider specifically for businesses in the cannabis industry.

The trademarked Pay by Text technology is SinglePoint’s general payment solution that can be used by customers with mobile phones. It has a mobile landing page that works like an app for customers to view available items, then they can purchase by sending a text message. Singlepoint charges 5% per transaction.

Meanwhile, the Text2Bid technology, also trademarked, allows customers to bid in an auction using their text- or web-enabled phone. The system also notifies bidders of bidding activity and related updates.

Other products of SinglePoint are cashless ATM terminals and the TextaDay text message marketing and donation system.

SinglePoint’s entrance to the medical marijuana industry is marked by its subsidiary SingleSeed Payments, which is a leading provider of business solutions to the industry. Its services are specialized versions of SinglePoint technologies such as the cashless ATMs, pay by text, and text message marketing.

Founded in 2006 as Lifestyle Wireless, Inc, SinglePoint became Carbon Credits International, Inc (CCI) in 2011. Both Lifestyle Wireless and CCI also delved in mobile commerce technologies. Then in 2013, the company changed to its current name.

SinglePoint, Inc is now publicly traded in OTC markets as SING, with a market value of USD 3.27 M. It has offices in Arizona and Washington. Its executive team is composed of Greg Lambrecht, Founder, CEO, and President; Eric Lofdahl, CTO; Vara Prasad Boddu, Director of Business Development; Martha Burkard, COO; and Wil Ralston, VP of Sales and Marketing.

Yahoo! Finance: SING News

Latest Financial News for SING

MoneyTV with Donald Baillargeon, 9/20

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When asked about the recent announcement involving Convectium/Jacksam, Mr. Ralston commented, "Convectium was founded on the basis that automation, speed, hardware and technology combined for the ancillary cannabis space can really help these manufacturers and retailers make their whole filling and supply chain process much simpler and efficient. Discussing what separates Convectium from some of their competitors, Ralston said, "Right now Convectium, in our opinion, is really leading the way because they check all the boxes for what a company may need when it comes to filling and getting these automation systems set up. SinglePoint Inc. will also be presenting their Pure Hemp Cigarettes next month at NACS on October 1st - 4th at booth 5653.

Running Circles Around the Competition - SinglePoint and Convectium: Investing in Cannabis Packaging Speed

PHOENIX, Sept. 11, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE – SinglePoint (SING) and Convectium (JKSM)featured in CFN Media. Convectium is the inventor of the world’s first cannabis oil filling system and proprietary packaging systems.

SinglePoint Update on Successful Early Stage Investment in Jacksam/Convectium

PHOENIX, Sept. 10, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE – SinglePoint (SING) is pleased to update shareholders on the success of Jacksam (JKSM). As a lead investor in Jacksam before the company went public SinglePoint was able to secure sizeable interest in the company. Jacksam has now gone public and the value of the company has increased significantly and both parties foresee a very bright future ahead.

SinglePoint and Convectium: Investing in Cannabis Packaging Speed -- CFN Media

Seattle, Washington--(Newsfile Corp. - September 10, 2019) -  CFN Media Group ("CFN Media"), the leading agency and financial media network dedicated to the North American cannabis industry, announces the publication of an article covering the spread of technology throughout the cannabis value chain from growing to distribution and two companies in a prime position to capitalize.The negative stigmas attached to cannabis continue to fade away like a puff of smoke in the wind. Most ...