NetworkNewsBreaks – SinglePoint, Inc. (SING) Issues Update on Initiatives to Maximize Corporate Value

SinglePoint, Inc. (OTC: SING), a holding company specializing in the acquisition of small to mid-size companies with an emphasis on new technologies, this morning offered an update on its current and future initiatives aimed at maximizing corporate value and increasing shareholder communication. “This is an exciting time for SinglePoint,” Greg Lambrecht, CEO of SinglePoint, stated in the news release. “We continue to increase value for our shareholders by focusing on acquisitions while strengthening inside sales and fund raising. We expect 2017 to be a great year for SinglePoint and look forward to providing additional updates on future acquisition targets, joint ventures, and new products.” The company recently enhanced its corporate website, www.SinglePoint.com, in order to provide a clear view of its endeavors and market value to prospective investors. Additionally, SinglePoint launched its cannabis brand subsidiary, www.SingleSeed.com, which is focused on the online sale of cannabis products to dispensaries. The company expects SingleSeed to “drive significant sales” in 2017 while expanding its presence in the booming cannabis space, a market which is expected to reach $24.5 billion by 2025. SinglePoint is also in ongoing negotiations regarding acquisitions in the cannabis industry. Notably, the company recently funded Convectium, the developer of a unique oil filling machine and a leader in the cannabis market space.

To view the full press release, visit http://nnw.fm/obb8Z

About SinglePoint, Inc.

SinglePoint, Inc. is a full-service mobile technology and marketing provider. It provides solutions that allow its clients to conduct business transactions, accept donations, and engage in targeted communication through mobile devices. SinglePoint’s products connect small to mid-size companies to their target markets by providing innovative mobile technology at reasonable rates. SinglePoint recognized the strength in acquiring interest in undervalued subsidiaries in other markets to create a diversified holding base. For more information visit www.SinglePoint.com

About NetworkNewsBreak

NetworkNewsBreak (NNB) provides a rapid summary of corporate news that caught the attention of NetworkNewsWire (NNW). NNB keeps you up-to-date on active US Public Companies complementary to NNW’s broader scope as a provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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