#Solar #Stock News: SinglePoint (OTCQB: $SING)
Subsidiary Estimates Nearly 20% Increase in Revenue and Almost 60% Gross
Margins, Up Significantly From Q2 2020; @_Singlepoint_
PHOENIX - September 28, 2020 (Investorideas.com Newswire) SinglePoint, Inc. (OTCQB: SING) is pleased to announce Direct Solar America estimates revenue numbers increasing nearly 20% prior to the end of Q3 and achieving nearly 60% gross margins throughout the quarter, a phenomenal feat in the current business climate.
Read this news, featuring SING in full at https://www.investorideas.com/CO/SING/news/2020/09281Subsidiary-Increase-Revenue.asp
SinglePoint Inc. (OTC: SING) is a fully reporting
company with core holdings in Solar Energy Services and Industrial Hemp based
Consumer Products.
"Direct Solar America did a great job meeting
the demands placed on business during this ongoing pandemic. The team has made
the necessary adjustments and kept the business growing to new highs. While
some projects have been delayed many are coming back online such as the
previously announced commercial projects. We expect the remaining documentation
to complete the process very soon. As an additional benefit any business or
nonprofit that decides to move forward with a PPA and put solar on their
building will have no solar payment for 1 year," states Wil Ralston, President,
SinglePoint.
See the latest video interview here - https://youtu.be/Wbr2P7Q4Dk0
About SinglePoint, Inc.
SinglePoint Inc. (OTC: SING) is a fully reporting
company with core holdings in Solar Energy Services and Industrial Hemp based
Consumer Products. Learn more at www.singlepoint.com
Connect on social media at:
https://twitter.com/_Singlepoint_
https://www.linkedin.com/company/singlepoint
https://www.youtube.com/user/SinglePointMobile
For more information visit: 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.
Corporate
Communication
SinglePoint
888-682-7464
investors@singlepoint.com
www.SinglePoint.com
SOURCE
SinglePoint Inc.
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