Phoenix, AZ -- (ReleaseWire) -- 09/29/2020 --SinglePoint Inc. (OTC:SING) is pleased to announce Direct Solar America estimates revenue numbers increasing nearly 20% prior to the end of Q3 and achieving nearly 60% gross margins throughout the quarter, a phenomenal feat in the current business climate.
"Direct Solar America did a great job meeting the demands placed on business during this ongoing pandemic. The team has made the necessary adjustments and kept the business growing to new highs. While some projects have been delayed many are coming back online such as the previously announced commercial projects. We expect the remaining documentation to complete the process very soon. As an additional benefit any business or nonprofit that decides to move forward with a PPA and put solar on their building will have no solar payment for 1 year," states Wil Ralston, President, SinglePoint.
See the latest video interview here - CEO Wil Ralston
About SinglePoint Inc.
SinglePoint Inc. (OTC: SING) is a fully reporting company with core holdings in Solar Energy Services.
Connect on social media at:
https://twitter.com/_SinglePoint
https://www.linkedin.com/company/singlepoint
https://www.youtube.com/user/SinglePointMobile
For more information visit: www.SinglePoint.com
Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of 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, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, 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 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.
Corporate Communication
SinglePoint Inc.
888-OTC-SING
investors@singlepoint.com
www.singlepoint.com
SOURCE SinglePoint Inc.
Disclaimer:
We are engaged in the business of marketing and advertising public companies for monetary compensation. Never invest in any stock featured on this page unless you can afford to lose your entire investment as trading stocks is very risky. INS Digital Media and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever. INS Digital Media is compensated by third party shareholders to feature certain companies. These third parties may have shares and may liquidate the company's shares which may negatively affect the stock price. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. INS Digital Media may, from time to time, purchase shares of public companies that we have been compensated to feature or profile in the open market and INS does this at fair market value. Release of Liability: Through use of this advertisement page viewing or using you agree to hold INS Digital Media and its operators owners and employees harmless and to completely release them from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the Information. This is not a solicitation to buy stock.
SinglePoint (OTC:SING) Subsidiary Estimates Nearly 20% Increase in Revenue and Almost 60% Gross Margins, Up Significantly from Q2 2020