Singlepoint Inc - SING STOCK NEWS

SinglePoint, Inc. (OTCQB: SING) announced that its subsidiary, BPA Solutions, has received an order for twenty Certified HEPA AirBox air purification units from a university in North Carolina. This marks a continued partnership focused on enhancing indoor air quality (IAQ) across the campus. Ryan Cowell, CEO of BPA Solutions, emphasized the importance of client satisfaction as the university has made multiple orders. The AirBox units are manufactured in Statesville, North Carolina, promoting local production. BPA Solutions is experienced in implementing air purification solutions, leveraging federal funding for schools.

SinglePoint, Inc. (OTCQB: SING) recently participated in an interview on The Uncaged Show, discussing its role in promoting sustainable solutions in solar energy and indoor air quality. The company reported impressive revenue growth from below $1 million in 2021 to approximately $25 million in the last fiscal year. With the backing of the Inflation Reduction Act, which raised solar tax credits to 30%, and $121 billion allocated for indoor air services in K-12 schools, SinglePoint is well-positioned to expand its market. The CEO, Wil Ralston, emphasized the importance of adaptability and decision-making in navigating market challenges while pursuing growth and acquisition strategies.

SinglePoint's subsidiary, BPA Solutions, recently demonstrated its LifeShield+ ballistic door panel, which withstood all 15 shots from three different firearms during testing. The panel is designed to provide enhanced safety for schools and is available in two levels of protection, UL 752 Level 2 or 3. The demonstration showcased the product's capabilities and highlighted BPA Solutions' commitment to supplying schools with effective safety solutions using existing funding sources like ESSER and EANS.

The Biden administration has extended the COVID-19 Public Health Emergency, allowing states to access additional funding for improving indoor air quality (IAQ) through FEMA. SinglePoint's subsidiary, BPA Solutions, can now help schools and communities utilize up to $1 million in funding per qualified location for HVAC upgrades and air purification systems. The extension is part of ongoing efforts to mitigate COVID-19 transmission and enhance overall health safety. BPA Solutions aims to position itself as a key provider of IAQ solutions amid increased federal support for clean air initiatives.

SinglePoint's subsidiary, BPA Solutions, emphasizes the significance of improving indoor air quality (IAQ) in schools as students return for the new semester. Enhanced IAQ can lead to better academic performance, reduced absenteeism, and healthier environments. With over $121 billion available from government funding for IAQ improvements, BPA Solutions offers consulting and products to assist schools in achieving these upgrades. The company aims to help navigate the funding process and implement effective air quality measures to foster a conducive learning atmosphere.

SinglePoint announces its subsidiary, Boston Solar, is nearing completion of a rooftop solar installation at MGM Music Hall at Fenway. This project utilizes photovoltaic power generation, enhancing local energy independence. Solar power is becoming increasingly appealing due to rising electricity costs and available government incentives. The installation aims to produce 158,766 kWh of renewable energy in its first year, helping businesses reduce their carbon footprint. Boston Solar has installed over 5,000 solar arrays since 2011, emphasizing its commitment to quality and customer service.

SinglePoint, Inc. (OTCQB: SING) released its annual letter to shareholders, highlighting significant growth and strategic initiatives in renewable solar energy and indoor air quality sectors. Despite economic challenges, the company reported record revenue, with a total revenue of approximately $12.5 million for FY 2022 and notable quarterly increases. Key acquisitions, like Boston Solar, contributed to this success. With historic federal funding and tax incentives enhancing market opportunities, SinglePoint is well-positioned for future growth and aims for improved shareholder value.

SinglePoint (OTCQB: SING) announced that its subsidiary, Frontline Power Solutions, has secured a 4.5 million kWh Energy Services Contract, marking its largest contract since acquisition. This deal is expected to save clients approximately $800,000 over the contract term. Frontline Power Solutions operates in 15 states and focuses on offering strategic energy procurement solutions to commercial enterprises, addressing rising energy costs, which have surged by up to 200% in 2022. The company aims to expand its workforce from 22 to 35 representatives by year-end, enhancing service delivery.

SinglePoint, Inc. (OTCQB: SING) supports the U.S. Department of Energy's $500M Renew America's Schools grant program aimed at improving K-12 school facilities. The initiative encourages schools to convert to renewable energy, replace internal combustion engine buses with electric vehicles, and upgrade HVAC systems. The program allocates $80M for applicants, addressing the urgent need for modern infrastructure in public schools. CEO Wil Ralston highlighted the opportunity for solar energy in schools, where energy costs are substantial. SinglePoint is positioned to aid clients in accessing these funds for sustainable solutions.