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SinglePoint provides business update

SinglePoint

SinglePoint Inc. (OTC: SING) (“SinglePoint” or the “Company”), a company focused on providing renewable energy solutions and energy-efficient applications to drive better health and living, today provided a business update.

Since recently being appointed CEO, Wil Ralston is focused on improvements to the Company’s operations, analyzing the current business and assets, and executing strategic directives and initiatives designed to improve the current and future outlook for SinglePoint and its shareholders.



SinglePoint has taken catalytic steps and necessary actions designed to transform the traditional solar energy model and to drive accelerated growth of its national footprint. With the completed acquisitions of Direct Solar America, EnergyWyze, LLC and Box PureAir, LLC, SinglePoint is driving its vision of creating a National network of renewable energy services and products that promote a cleaner sustainable lifestyle while minimizing the impact on the environment and expects to generate continued growth.

Recent Business Highlights

“SinglePoint is diligently working to build a profitable, sustainable business that has the potential to drive significant growth opportunities. Our ultimate goal is to increase value for shareholders, our partners and acquired companies, and we have continued to implement and execute the strategies we believe are needed in order to do that,” stated Wil Ralston, incoming Chief Executive Officer of SinglePoint.

Adding “We recently launched a strategic review process as we believe there are opportunities to unlock additional significant value and optimize our business plan and establish SinglePoint as a leader in the industry. We look forward to the rollout of our strategic plan this summer. We have built a strong team that is focused on execution within our business segments.

Our team, myself and the partners with whom we are working, are committed to driving a bright future consisting of performance and delivering significant progress in building out valuable, profitable business segments.”

Strategic Review to Ensure Near- and Long-Term Value

SinglePoint remains focused on efforts to analyze, improve, and expand its existing solar businesses while exploring additional accretive opportunities and partnerships in healthy living and renewable energy applications. The Company will continue to look for accretive prospects in an effort to create a national network in the sector.

Wil Ralston, in his recently appointed role as Chief Executive Officer, has launched a strategic review of the Company’s business to ensure optimization and growth opportunities. The Company expects to provide updates regarding its strategic review in early third quarter of 2021. SinglePoint Inc.

SOURCE: PRNewswire

 

 

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