SinglePoint_HORIZ-1501SinglePoint, Inc is a developer and seller of business technologies, particularly mobile business platforms, and has recently ventured into the marijuana industry. Its featured products can be used by businesses for accepting mobile payments, conducting text message marketing, and holding mobile auctions. For the medical cannabis sector, SinglePoint, Inc created a subsidiary to provide specialized technology solutions.

The company began in 2006 as Lifestyle Wireless, Inc, which also offered mobile commerce technologies. In 2011, it changed its name to Carbon Credits International, Inc, and then in 2013, to SinglePoint, Inc.

With a market value of around USD 3.27 M, SinglePoint is currently traded in the OTC markets as SING. It has also opened offices in Arizona and Washington.

SinglePoint’s mobile payment solution for businesses is the trademarked Pay by Text technology. This solution provides clients’ customers with an app to view available items, which they can then purchase through a text message. SinglePoint charges its clients 5% for every transaction completed through this technology.

Another trademarked solution of SinglePoint is Text2Bid, a mobile auction platform. With this, companies can hold auctions in which customers can bid through their text- or web-enabled phones. Bidders also get notifications of bidding activity and similar updates.

Aside from these, SinglePoint also offers the TextaDay solution for text message marketing, as well as technology for cashless ATM terminals.

On the medical marijuana front, SinglePoint’s subsidiary SingleSeed Payments provides cannabis-specialized versions of SinglePoint’s main products. There are, for instance, cashless ATMS, mobile payment platforms, and text message marketing platforms specifically for cannabis businesses. SingleSeed is now considered one of the leading business solutions providers in the industry.

SinglePoint, Inc is led by Founder, CEO, and President Greg Lambrecht, CTO Eric Lofdahl, COO Martha Burkard, Director of Business Development Vara Prasad Boddu, and VP of Sales and Marketing Wil Ralston.


Yahoo! Finance: SING News

Latest Financial News for SING

SinglePoint Releases New Corporate Presentation Highlighting Focus on Solar and Alternative Energy

SinglePoint Inc. (OTC: SING) ("SinglePoint" or the "Company"), a company focused on providing renewable energy solutions, announced today the release of its new corporate presentation, now available on the Company's website here.

SinglePoint Enters Into Letter of Intent to Acquire EnergyWyze, LLC to Streamline, Optimize, and Maximize Solar Industry Lead Generation

SinglePoint Inc. (OTC: SING) ("SinglePoint" or the "Company"), a company focused on providing renewable energy solutions, announced today it has entered into a letter of intent (the "LOI") with EnergyWyze, LLC, a premiere digital and direct marketing firm focused on customer centric lead generation in the solar energy industry. Under the terms of the LOI, SinglePoint will acquire the assets and business relationships, including an extensive database of validated leads, of EnergyWyze to form a premier solar lead generation engine. Additionally, three principals of EnergyWyze with extensive experience from lead generation to closed sales will join SinglePoint as employees to bolster the Company's marketing team. EnergyWyze currently operates its leading consumer site at www.energywyze.com and its solar business site at www.solarcxm.com.

SinglePoint Announces Capital Re-Structuring and Spin-Off of Non-Core Asset, 1606 Corp., to All Shareholders

SinglePoint Inc. (OTC: SING) ("SinglePoint" or the "Company"), a company focused on providing renewable energy solutions, today announced the Company will affect a 1-for-75 reverse split of its issued and outstanding shares of common stock. Additionally, the Company will, on a 1-for-1 basis, spin-off of 1606 Corp. to its shareholders, which will become its own entity. The spin-off and the effectiveness of the reverse stock split will occur after the filing of required documentation with SEC and Finra, and the expiration of proscribed time limits after mailing of materials to shareholders.

SinglePoint Inc. Improves Balance Sheet by Eliminating Convertible Secured Note Agreement

SinglePoint Inc. (OTC: SING) ("SinglePoint" or the "Company"), a company focused on providing renewable energy solutions, announces the Company has paid off the remaining balance of a Convertible Secured Note Agreement with GS Capital Partners, LLC ("GS"). The Company entered into the agreement with GS in March of 2020 as the pandemic started to have effects on the global economy. The payoff of the remaining balance eliminates future conversions under the note and removed additional derivative (toxic) debt from the Company's Balance Sheet.

SinglePoint Outlines Strategic Initiatives to Secure Leadership Position in Renewable Energy Sector

SinglePoint Inc. (OTC: SING) ("SinglePoint" or the "Company"), a company focused on providing renewable energy solutions, today provided an overview of multiple key initiatives to drive shareholder value and long-term growth.