SinglePoint Inc. to Present Progress in Solar Energy and Acquisition Strategy at Emerging Growth Conference on Aug. 31, 2022

Rhea-AI Summary

SinglePoint Inc (OTCQB:SING) announced a presentation at the Emerging Growth Conference on Aug. 31, 2022, by CEO Wil Ralston. The company reported a remarkable 890% increase in revenue for Q2 compared to the previous year. Recent expansions include the acquisition of Frontline Power Solutions and a focus on project financing through Ecodaptive. Tax credit expansions are expected to impact business positively. This progress aims to strengthen SinglePoint's position in the solar energy and sustainable solutions market.

Positive

• 890% increase in Q2 revenue compared to the same quarter in 2021.
• Acquired Frontline Power Solutions, launching a new division for growth.
• Expanding project financing capabilities through Ecodaptive acquisition.
• Anticipated positive impact from expansion of tax credits.

Negative

• None.

Growing Solar Energy & Sustainable Solutions Provider to Highlight Revenue Growth and Expansion of Vertically Integrated Network

PHOENIX, Aug. 26, 2022 /PRNewswire/ -- SinglePoint, Inc. (OTCQB:SING). SinglePoint Inc, a solar energy and sustainable solutions provider, announced today that Wil Ralston, CEO of SinglePoint Inc, will present at the Emerging Growth Conference on Aug. 31, 2022, at 12:45p EST, to discuss the tremendous growth of the Company, including:

• Recently filed Second Quarter financial results reporting an 890% increase in revenue vs. Second Quarter, 2021.
• Expected impact of the recent expansion of tax credits on the Company's business plan.
• Phase one completed in Acquisition of Frontline Power Solutions and launching a new division to support continued subsidiary growth. 
• Expansion into project financing for customers through the acquisition of Ecodaptive.

Complimentary conference registration for investors can be found: here. 

If attendees cannot join the event live on the day of the conference, an archived webcast will also be made available on EmergingGrowth.com. Registered attendees will also receive a link to the replay after the event.

About the Emerging Growth Conference

The Emerging Growth conference is an effective way for public companies to present and communicate their new products, services, and other major announcements to the investment community from the convenience of their office, in a time-efficient manner.

The conference's focus and coverage include companies in a wide range of growth sectors, solid management teams, innovative products & services, focused strategy, execution, and the overall potential for long-term growth. All sessions will be conducted through video webcasts and will take place in the Eastern time zone.

About SinglePoint Inc (OTCQB:SING)

SinglePoint is a sustainable lifestyle company in the solar energy and air purification markets. The Company aims to build the largest renewable energy solutions network and modernize the traditional solar energy and energy storage business model. The Company continues to execute its acquisition strategy and is exploring future growth opportunities in air purification, electric vehicle charging, solar as a subscription service, and additional energy efficiencies and appliances that enhance sustainability and healthier life. For more information, visit the Company's websites: www.singlepoint.com, www.bostonsolar.us, and www.boxpureair.com.

Forward-Looking Statements

Certain statements in this news release may contain forward-looking information within 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, besides statements of fact included in this release, including, without limitation, statements regarding revenue projections, financing opportunities, potential plans and objectives of the Company, anticipated growth, 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 and other 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.

Investor Contact:

Tra-Digital IR

Investors@SinglePoint.com

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SOURCE SinglePoint Inc.

FAQ

What is SinglePoint's revenue growth reported in the recent press release?

SinglePoint reported an 890% increase in revenue for the second quarter compared to the same period in 2021.

What acquisitions has SinglePoint made recently?

SinglePoint has acquired Frontline Power Solutions and Ecodaptive to enhance its business operations.

When will SinglePoint present at the Emerging Growth Conference?

SinglePoint's presentation at the Emerging Growth Conference is scheduled for August 31, 2022, at 12:45 PM EST.

What is the expected impact of the new tax credits on SinglePoint's business?

The company expects the recent expansion of tax credits to have a positive impact on its business plan.

What is the strategic importance of the Frontline Power Solutions acquisition for SinglePoint?

The acquisition aims to support continued subsidiary growth and enhance SinglePoint's service offerings in the solar energy market.