SINGLEPOINT INC - SING STOCK NEWS

SinglePoint (OTC: SING) announced updates on its spin-off of 1606 Corp., completed in April 2021. Shareholders received a 1-for-1 dividend, and Greg Lambrecht has transitioned to CEO of 1606. The new entity is focused on finalizing its registration statement to obtain a ticker symbol for trading. 1606 Corp. aims to expand its retail presence and online sales, leveraging the growing smokable-hemp market, projected to reach $300-$400 million by 2025. Lambrecht expresses optimism about 1606's potential, aiming to replicate previous successes in the tobacco industry.

SinglePoint Inc. (OTC: SING) announced key executive management changes, with Wil Ralston transitioning to Chief Executive Officer, following the spin-off of 1606 Corp. Ralston aims to implement growth strategies that focus on renewable energy and indoor air quality solutions. He emphasized the company's commitment to expanding its solar business and pursuing strategic alternatives, including potential spin-offs of non-energy assets. The solar industry is projected to quadruple by 2030, presenting growth opportunities for SinglePoint.

SinglePoint Inc. (OTC: SING) announced its Q1 2021 financial results and corporate updates. Notably, the company completed a 1-for-75 reverse stock split and acquired Box PureAir, enhancing its energy-efficient product offerings. They raised $2 million for marketing initiatives and eliminated $2.4 million in convertible debt, improving their balance sheet. The company aims to expand into a national renewable energy network, citing an expected solar industry growth rate of fourfold by 2030. Total cash increased to $1.69 million, representing a significant rise from the previous year.

SinglePoint Inc. (OTC: SING) announced that its President, Wil Ralston, will present at the Q2 Virtual Investor Summit on May 18, 2021, at 1:15 PM ET. The presentation will be accessible via a live video webcast on the Company's Investors page. Additionally, management will engage in one-on-one meetings with registered investors. SinglePoint focuses on renewable energy solutions and sustainable living, aiming to modernize solar energy and explore growth opportunities in various sectors. For more information, visit www.singlepoint.com.

SinglePoint Inc. (OTC: SING) announced that President Wil Ralston will present at the Benzinga Cleantech Small Cap Conference on April 22 at 9:30 AM ET. The presentation will offer a corporate overview and discuss the company’s innovative renewable energy solutions, aiming to reshape the solar energy model for healthier living. Attendees can engage in a Q&A session and schedule virtual one-on-one meetings with management. This conference connects cleantech firms with investors, promoting advancements in green energy and sustainability.

SinglePoint Inc. (OTC: SING) announced the closing of a $2,000,000 financing transaction in preferred stock with GHS Investments, aimed at fostering growth and improving the balance sheet. Proceeds will support sales and marketing for its recent acquisition of Energy Wyze, a solar lead provider, and Box PureAir, a distributor of air purification technology. The company anticipates increased lead acquisition and operational profitability. President Wil Ralston highlighted past achievements and the importance of this funding for future expansion and enhancing shareholder value.

SinglePoint Inc. (OTC: SING) has reported significant milestones in renewable energy solutions in 2021. The company completed acquisitions of Energy Wyze and Box PureAir, with Energy Wyze aiming for 500 leads daily and Box PureAir submitting over $50 million in bids to schools. A strategic 75:1 reverse split is planned to facilitate an uplisting. Additionally, the $1.9 trillion American Rescue Plan is expected to boost renewable projects. The company anticipates revenue growth from these initiatives.

On March 8, 2021, SinglePoint (OTC: SING) announced the completion of its acquisition of Box PureAir, initially disclosed on February 25, 2021. This strategic move allows SinglePoint to utilize Box PureAir's exclusive rights to sell the AIRBOX air purification technology, crucial for improving air quality in schools and commercial spaces. Box PureAir has over 200 representatives across multiple states and has submitted bids exceeding $50 million for educational institutions. The acquisition aligns with SinglePoint's mission to enhance health through renewable energy solutions.

SinglePoint Inc. (OTC: SING) announced a letter of intent to acquire Box PureAir, LLC, which holds exclusive rights to the AIRBOX air purification technology. AIRBOX meets multiple government standards, including FDA and DOE requirements, and aims to enhance air quality in schools and businesses amid the COVID-19 pandemic. The company has submitted bids exceeding $50 million for installations in various states. This acquisition aligns with SinglePoint's strategy to expand its renewable energy solutions and leverage synergistic partnerships for growth.