SinglePoint to Present at the National Investment Banking Conference, Provides Update on Kevin Harrington Commercial Launch, Crypto Wallet and LastMile Delivery
SEATTLE, June 26, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- SinglePoint Inc. (OTCQB:SING) is set to present at NIBA, National Investment Banking Association Conference in New York. In the past six months, SinglePoint completed audits, up-listed to the OTCQB, filed a Form 10 to become a fully reporting company. All with the intention of increasing transparency and allowing for shareholders to have additional flexibility and liquidity. Additionally, company executives believe these steps will help attract accretive opportunities for the company.
NIBA held in NYC gives the company the opportunity to attract additional institutional coverage due to the improvements in the corporate structure. NIBA is one of the premier investment banking conferences. Management will be presenting and meeting with investors during the two-day conference with the goal of increasing visibility and continuing to build momentum for SinglePoint.
“NIBA is a great opportunity for SinglePoint. Previously we were unable to effectively present at these large investment banking forums. Now that we have successfully filed our Form 10 the company has many more accretive opportunities. We look forward to introducing SinglePoint to the family office and institutional investment community through NIBA,” states Greg Lambrecht CEO SinglePoint.
Additionally the company is set to launch the cryptocurrency application and national commercial campaign in the coming weeks. The crypto application, which was co-created with AppSwarm (OTC:SWRM), is planned to launch in the coming days on IOS and Android devices. Once fully published, SinglePoint will be able to launch the national ad campaign that is already approved on multiple national media outlets.
See a Sample Here: SinglePoint Kevin Harrington Preview
“This has been a long time coming with many speed bumps and unexpected delays, but thats what happens when you are building an application from the ground up that is innovative. Couple that with a national ad campaign and we really set the bar high. We are beyond excited to be so close to the finish line. The commercial is done, the wallet is almost fully functioning, we are now finalizing sending Bitcoin to another address which will complete the development for initial release. We expect to be done in the coming days, followed by a fews days of testing and launch. As mentioned previously, with the help of AppSwarm, we built this application from scratch to the highest security standards available now. This is the first of many projects we intend to launch in the near future,” states Wil Ralston President SinglePoint.
The company has been full steam ahead on many project all of which are near completion. LastMile Delivery is currently being tested and is fully functional from inception to completion of order. The company is working with beta clients that will provide initial feedback and changes in the coming weeks. SinglePoint and AppSwarm intend to deliver a full production application in July. Adding to the excitement of this launch the companies are working collaboratively to launch into the Canadian cannabis market which is set to be fully legal October 17th. LastMile Delivery will provide efficiencies for the legal medical and recreational cannabis retailers. For more information please visit LastMileDelivery.io.
In addition to the company’s internal developments, SinglePoint is continuing to pursue potential acquisition targets. Management is currently negotiating a definitive agreement and going through due diligence. SinglePoint has plans to continue its acquisition strategy and continue pursuing accretive opportunities to build the overall value of SinglePoint.
About SinglePoint, Inc.
SinglePoint, Inc (SING) is a technology and investment company with a focus on acquiring companies that will benefit from our management, potential injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through its subsidiary company SingleSeed, the company is providing products and services to the cannabis industry.
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 the effects of filing the Form 10 with the SEC, 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 June 26, 2018