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

SinglePoint Signs Contract to Supply One Hundred Million Dollar Contract of Premium Hemp Flower to Southeast Distribution Company

PHOENIX, June 26, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- SinglePoint (SING) announced today that it has signed a $109,465,000 (One Hundred Nine Million Four Hundred Sixty Five Thousand Dollars) contract with Elite Foundation LLC of North Carolina to supply more than 275,000 pounds of premium hemp flower over a period of 15 months. The contract is the first major deal arising from the previously announced supply chain and co-selling agreement with Oregon based Easy Street Services Company and J&J Empire, LLC. SinglePoint stands to make a large profit in the deal. According to President Wil Ralston, “Our team specifically our VP of Sales Don Smith has worked tirelessly to make this a reality.

Residential and Commercial Solar Installations Show Best First Quarter - How Investors are Winning with Solar Stocks

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Overwhelming response for LALPINA Water crashes SingleSeed.com, Discount Offered for Relaunch

PHOENIX, June 21, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- SinglePoint Inc. (SING) ecommerce site SingleSeed.com received an overwhelming response to the news of LALPINA CBD Water, a brand of American Premium Water Company (HIPH). The companies are ecstatic for the response and demand for LALPINA CBD seen thus far. LALPINA CBD has consistently been a top seller on the site and multiple reorders have occurred.

Direct Solar to Offer Commercial Scale Solar Lending to SMBs Nation Wide

Direct Solar is pleased to announce the company is developing a commercial solar lending solution. The solution will serve customers that own and/or manage commercial properties. Direct Solar will be one of the first companies to offer this type of lending solution and is expected to launch in the next four to six weeks.

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