SinglePoint Begins Trading on the OTCQB Venture Market
SEATTLE, Feb. 06, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- SinglePoint Inc. (OTCQB:SING) (the “Company”), is pleased to announce it has been approved and is now trading on the OTCQB Venture Market, which requires a higher level of transparency and helps provide increased investor confidence through continued verification of information. Uplisting from the OTC Pink Open Market tier supports with the Company’s goals of increasing acquisition deal flow and having access to institutional investors both directly and through the open market.
“We are extremely pleased to be approved for OTCQB. It is a great step for SinglePoint as we continue to grow and build our footprint. Increased transparency and credibility will help broaden our shareholder base and provide additional exposure to the institutional investor community, ultimately contributing to increasing shareholder value,” states Greg Lambrecht CEO SinglePoint.
SinglePoint will continue to provide audited financials and plans to be fully reporting by filing a Form-10 or S-1 in the near future. The next step towards fully reporting will represent another initiative to further transparency, add credibility and increase exposure to investment banking firms.
About SinglePoint, Inc.
SinglePoint, Inc. (SING) has grown from a full-service mobile technology provider to a publicly traded holding company. Through diversification into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued subsidiaries, thereby providing a rich, diversified holding base. Through its subsidiary company SingleSeed, the company is providing products and services to the cannabis industry.
For more information, visit: www.SinglePoint.com
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.
Released February 6, 2018