SinglePoint(TM), Inc. Launches Initiative to Become Fully-Reporting Company; Harvests Aggressive Expansion Into Medical Marij...
March 25 2014 - 10:13AM
Marketwired
SinglePoint(TM), Inc. Launches Initiative to Become Fully-Reporting
Company; Harvests Aggressive Expansion Into Medical Marijuana
Sector
PHOENIX, AZ--(Marketwired - Mar 25, 2014) - Singlepoint, Inc.
(OTC: SING), a state-of-the-art mobile technology company and
full-service mobile marketing company, is proud to notify
shareholders that it has launched initiatives to file a
registration statement with the SEC to become a fully reporting
company trading on the OTCQB®. The OTCQB has replaced the Financial
Industry Regulatory Authority (FINRA)-operated OTC Bulletin Board
(OTCBB) as the main market for trading OTC securities that report
to a U.S. regulator.
The move comes in the wake of the Company continuing its financing
and expansion initiatives for access to the multi-billion dollar
Cannabis and Medical Marijuana markets. To date, the company has
achieved a significant capital raise toward effective, strategic
market penetration in bringing its payment solutions IP as a go-to
for growers, dispensaries and consumers alike.
"The entire team is thrilled with our recent successes," states
CEO, Greg Lambrecht. "Our annual revenues were in excess of $1M in
2013 and our business continues to grow, servicing a diverse base
of market sectors. It's time to take SinglePoint to the next level,
and registering with the SEC will be a step in the right direction
toward our overall goals to position our Company as a dominant
force in an ever-growing industry. We are confident that becoming a
reporting company with the SEC will provide benefits to the Company
and our shareholders in terms of transparency, investor confidence
and overall long-term growth potential."
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Check out Greg Lambrecht on MoneyTV
About SinglePoint™,
Inc. Headquartered in Phoenix, AZ, Singlepoint™, Inc. is a
state-of-the-art mobile technology company and full-service mobile
marketing agency. We operate a best-in-class mobile commerce and
communication platform specifically designed to serve the needs of
the non-profit community as well as the for profit companies. We
make any campaign instantly interactive via the mobile phone. This
functionality allows our clients to conduct business transactions,
accept donations and engage in targeted communication campaigns
with their customers/donors through any mobile devices. Send more
messages, create more awareness, and raise revenues and
donations.
For more information see www.singlepoint.com
Forward-Looking Statements 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.
Contact: Greg Lambrecht 602-481-1544
www.singlepoint.com
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