SinglePoint Inc. (OTCQB:SING) Subsidiary Is Set to Acquire Standard Eco Solar and Will Add $11,345,061 Unaudited Annual Revenue by the End of 2020
SinglePoint Inc., (OTCQB:SING) released a statement that Direct Solar of America, LLC ("Direct Solar"), its majority-owned subsidiary, is entering into a ("LOI") Letter of Intent to acquire the entire Standard Eco Solar, an installer and developer of grid-tied solar electric systems in Arizona, Texas, and Illinois for a combination of stock and cash. SinglePoint and Direct Solar are currently doing due diligence, and SinglePoint is expected to issue common stock immediately the audit and definitive agreements are finalized, facilitating this...
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