SING Is Setting Up For Long-Term Success and a possible Short Squeeze as the solar industry looks to rebound from recent decl...

SING Is Setting Up For Long-Term Success and a possible Short Squeeze as the solar industry looks to rebound from recent declines;

March 24, 2021 -- InvestorsHub NewsWire -- via INS Digital Media -- SinglePoint specializes in acquisitions of small to mid-sized solar companies. Currently, operating in 38 states our unique solar model serves residential, commercial, and structures capital.

SinglePoint acquired Direct Solar America to provide the most cost effective solar power systems for any needs. Save money, save energy and receive more predictable energy costs through Solar. Energy costs can skyrocket at much as 300% during peak months and hours.

SinglePoint Inc Just Secured $2,000,000 in Accretive Financing to Drive Additional Acquisition Growth After Already The Company Already Acquired Three Companies In The Past 18 Months Which Means They are Keeping True To Their Word As an Acquisition Based Company.

The Company Has been building the most comprehensive national solar network and portfolio of renewable energy solutions On The OTC to meet rapidly growing demand And SING is Arguably The Fastest Growing Solar Company On The OTC Currently In 2021
Single Point Inc Has Recently Strengthened the Company Balance sheet Which We Believe will enhance the Company's position to support additional Acquisitions

SING Recently Raised a NON TOXIC $2,000,000 with the Proceeds of that financing being used for sales and marketing initiatives of SING's subsidiaries. Those Newly acquired operations are of course, Energy Wyze, a exclusive distributor of an industrial grade, American-made, high-proficiency energy-efficient air purification technology Box PureAir. Solar and CLean Air,

"GHS Investments has been a true partner in looking at the long-term growth of the Company and working to achieve those goals through financing. We are pleased to continue our work with them as we build momentum and propel the Company forward. This is another step in the right direction for SinglePoint to solidify operations, improve the balance sheet and continue towards the overall goal of up-listing to a national exchange," adds Wil Ralston President of SinglePoint

2021 Is Packed With Bullish Catalysts For SING

SinglePoint Inc Continues to Demonstrate The Ability To Follow Its Growth Model with Renewable Energy Solutions and Energy-Efficient Applications Companies in it Portfolio; The SING Growth Strategy Aligns with The Potential Impact of the Adoption of the $1.9 Trillion Stimulus Plan And The Energy Benefits That Were Included.

SING recently closed a strategic acquisitions with a solar lead generation company and then followed that Acquisition up by purchasing a clean air technology company to drive revenue. Sales are ramping up for AirBox and Orders are being Filled so revenue numbers will be out in due course.

The American Rescue Plan is the most exciting thing to happen in solar which directly benefits SING. The Plan passed providing billions in funding in multiple categories including renewable energy and clean air filtration systems for schools. Since airBox is expanding under the leadership of SING, the company expects that they will see significant reruns on this company acquisition and that starts with the $50,000,000 in commercial bids that AirBox currently has submitted.

Completed acquisition of Energy Wyze, LLC and Box PureAir, LLC
Energy Wyze expected to deliver 500 leads per day to industry-leading clients
Box PureAir has initially submitted over $50 million in bids to schools within its exclusive territories and is actively preparing to respond to additional RFPs related to increased ventilation and indoor air quality
Strategically positioned for 1:1 dividend spin-off 1606 Corp to existing shareholders
Planned near-term 75:1 reverse split expected to position the Company to uplist
Congress' adoption of the American Rescue Plan allocating $1.9 trillion in Stimulus Package aligns with Company's focus and long-term strategy

"The first quarter of 2021 has been pivotal in establishing the foundation to achieve our goals for the year. Completing the acquisitions of Energy Wyze and Box PureAir has been a great start and we are optimistic about revenue growth and potential for each. In late December 2020, we eliminated one of our outstanding convertible debt debentures and followed by successfully eliminating all external convertible debt and the associated derivative liabilities with those debt obligations in January 2021. The elimination of the derivative liabilities coupled with the corporate actions that were filed and expected to be effective soon, fundamentally strengthens and well-positions SinglePoint to advance towards uplisting to a premier national exchange. These deliberate steps are critical in propelling SinglePoint to its next phase of growth and to prepare the Company to compete with the industry titans," commented Wil Ralston, President SinglePoint.

The leadership teams at Box PureAir and Energy Wyze are currently producing revenue and targeting marque clients. Energy Wyze is aggressively onboarding clients and is on target to meet or exceed its near-term lead generation goals for its solar centric clients. It is currently estimated that only about 4% of the addressable homes in the US domestic market currently have solar. Box PureAir has initially submitted over $50,000,000 in bids to schools within its exclusive territories and has already started shipping units as its products address the need and exceed all standards for improving indoor air quality. The global air purifier market size was valued at $7.59 billion in 2019 and expected to grow at a compound annual growth rate (CAGR) 10.6% during the forecast period 2020 to 2027. Previously, the demand for air purifiers was mainly driven by the consumers suffering from respiratory disorders. Today, rising health concerns among consumers and business looking to reopen and provide a safe environment free of pathogens and viruses like COVID-19 is expected to positively influence the demand of air purifiers in the upcoming years.

The Bottom Line

SinglePoint Inc Ticker SING has taken catalytic steps in transforming the traditional solar energy model and is committed to growing its national footprint with hopes of one day soon being listed on a national exchange. Through the execution of its highly scalable business model, the Company is leveraging synergistic acquisitions and partnerships to generate revenue by providing renewable energy solutions. SinglePoint expects to be at the forefront of providing solutions to align with this growing demand. See Full Disclaimer:

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Derek C. McCarthy

216 246 5006

INS Digital Media

https://www.linkedin.com/in/derekcmccarthy/

Precautionary and Forward-Looking Statements

This email and its attachments contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may," "future," "plan" or "planned," "will" or "should," "expected," "anticipates," "draft," "eventually" or "projected." You are cautioned that such statements are subject to a multitude or risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in the Company's disclosures or filings with the Securities Exchange Commission.

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