Singlepoint, Inc.'s Acquisition of Six Sigma Leads to Million Dollar Revenue Increase in Q3 2013
PHOENIX, AZ -- (Marketwired) -- 11/19/13 -- Singlepoint, Inc. (OTC: SING), a state of the art mobile technology company and full-service mobile marketing company, is pleased to announce it has posted its most recent Quarterly Report to OTC Markets, which reports revenues of $1,172,992 for the quarter ended September 30, 2013. The acquisition of Six Sigma Services, Inc. also included the company's assets, which have revenue benchmarks attached to them up to $2,000,000 in revenues, which company executives are confident will be achieved.
"We are very pleased, but not surprised, with the recent revenue growth success for Q3 2013," states Greg Lambrecht, CEO of SING. "Six Sigma marked a significant transaction as part of our overall initiative to identify and acquire technology and companies we believe will be driving forces to increasing our bottom line, brand recognition and overall growth in shareholder value."
Singlepoint is currently looking to acquire additional assets and IP with announcements forthcoming to detail specifics. Additionally, the company expects exponential increase in customer base thanks to recent alliances, licensing agreements and acquisitions including Text2Bid™, iATS Payments, Linkstorm and Moody Bible Institute to name a handful; all of which was accomplished in the last two quarters of business.
"A primary objective is to foster a thriving brand that can continually evolve alongside advancements in technology," added Lambrecht. "We are currently active in SMS campaigns, mobile auctions, mobile donations, communication interface and infrastructure, and also mobile payment solutions for small businesses and large enterprises. Customer attainment is on the rise as we continue to build the company in a cost-efficient manner, which I believe will result in exponential returns for shareholders in the near and distant future."
To learn more about Singlepoint's mobile payment processing services, visit http://dtg.fm/sing-mobile-payment-processing
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About Singlepoint, Inc.
Headquartered in Phoenix, AZ, Singlepoint, Inc. is a state of the art mobile technology company and full-service mobile marketing agency. We operate a best-in-class mobile commerce and communication platform specifically designed to serve the needs of the non-profit community as well as the for profit companies. We make any campaign instantly interactive via the mobile phone. This functionality allows our clients to conduct business transactions, accept donations and engage in targeted communication campaigns with their customers/donors through any mobile devices. Send more messages, create more awareness, and raise revenues and donations.
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.
Source: Singlepoint, Inc.
Released November 19, 2013