SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): June 25, 2019
(Exact name of registrant as specified in its charter)
(State or other jurisdiction
2999 North 44th Street, Suite 530 Phoenix, AZ
(Address of principal executive offices)
Registrant's telephone number, including area code: (855) 711-2009
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8 K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨ Soliciting material pursuant to Rule 14a 12 under the Exchange Act (17 CFR 240.14a 12)
¨ Pre commencement communications pursuant to Rule 14d 2(b) under the Exchange Act (17 CFR 240.14d 2(b))
¨ Pre commencement communications pursuant to Rule 13e 4(c) under the Exchange Act (17 CFR 240.13e 4(c))
Item 1.01 Entry into a Material Deﬁnitive Agreement.
On June 25, 2019, Singlepoint Inc. (the “Company”) entered into a Purchase Agreement for the sale of Hemp Flower with Elite Foundation Inc. and Easy Street Services Company, whereby Elite Foundation Inc. agreed to purchase agricultural biomass and/or industrial hemp flower of up to 285,000 pounds of consumable hemp flower over a 15 month period. The sales are subject to approval by Elite Foundation Inc. of the hemp flower. The first sale under the arrangement, 860 pounds, occurred on June 25, 2019. The amount and timing of future sales, if any, will be mutually agreed to amongst the parties.
Item 9.01 Financial Statements and Exhibits.
The following documents are filed as Exhibits:
Purchase Agreement between Singlepoint Inc., Elite Foundation Inc. and Easy Street Services Company dated June 18, 2019. (**Portions of this Agreement have been redacted as would likely cause competitive harm**).
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: June 27, 2019
/s/ William Ralston