SinglePoint November Recap and Update

December 11, 2020 -- InvestorsHub NewsWire -- SinglePoint Inc (OTC:SING) provides November recap and update. Direct Solar of America (DSA) signed an agreement with Soligent Distribution LLC in November. That agreement provides DSA & SinglePoint the ability to sell solar panels and accompaniments, finance homeowners after the sale and now SING can supply contractors with the materials for customers of Direct Solar of America. By vertically integrating the process from customer acquisition to install it really solidifies the vision of current management on what the company will look like in 12 - 24 months; operating in all 50 states in a vertical capacity with the intent of becoming a reliable residential solar solutions provider Nationwide.

November was a big month as SinglePoint Inc. Filed it's Q3 2020 Financial Results which validated the current acquisition model. Three key successful highlights;

YTD Revenue increased to $2,500,00+/-

YTD Gross profit increased 15%

YTD Gross reduction in debt $2,800,000+/-

"The solar energy market is booming right now and the industry is expected to reach $223 billion by 2026, that's only five years out. WIth the new administration coming in we believe the solar and renewable energy sector will continue to increase at an even faster pace. SinglePoint and Direct Solar America have laid a lot of ground work in 2020 setting up the infastructure to become a leading provider of solar based solutions." - Wil Ralston - President SinglePoint

About SinglePoint Inc.

SinglePoint Inc. is a company focused on providing renewable energy solutions to consumers and small commercial businesses. SinglePoint is committed to building the largest network of renewable energy solutions and modernizing the traditional model. For more information, visit the Company's website (www.singlepoint.com) and connect on LinkedIn and Twitter.

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, the spin off of nonenergy related assets, qualification for a national exchange, and future expansion, 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.

SinglePoint Inc
investors@singlepoint.com
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