Singlepoint, Inc. (SING)

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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Wed Dec 27, 2017 5:40 pm

NetworkNewsBreaks – CNBC Publication Highlights SinglePoint, Inc.’s (SING) SingleSeed as Alternative for Cash-only Cannabis Industry

SinglePoint’s (OTC: SING) mobile app SingleSeed is gaining attention thanks to a CNBC article on its ability to help cannabis dispensaries and customers exchange funds through bitcoin. Using debit or credit cards, consumers can make purchases without the need to rely on conventional banks that may be reluctant to transact business with the cannabis industry amid ongoing controversy about federal drug policy. An article discussing this reads: “It was obvious banks didn’t want to handle legal marijuana transactions, … which meant cannabis retailers and consumers were forced to bring cash to the table, and it was apparent that an alternative payment form was desperately needed. The addition of the SingleSeed app to the cannabis market could solve the industry’s glaring ‘unbankable’ problem, since dispensaries and consumers alike could use the app to accept and make purchases using bitcoin.”
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Thu Jan 04, 2018 5:12 pm

NetworkNewsBreaks – SinglePoint, Inc. (SING) Aims to Provide Fully Integrated Solution for Cannabis Companies

Full-service mobile technology provider SinglePoint (OTC: SING) is on a mission to build a fully integrated solution for cannabis businesses to help manage day-to-day operations from beginning to end. An article discussing this reads: “SinglePoint, Inc. (OTC: SING) has been cited by the The Greensheet Online Edition for building a “soup-to-nuts” platform for payment processing in the cryptocurrency and cannabis industries (http://nnw.fm/8A7bm). The goal, according to Wil Ralston, SING president, is to have a “fully integrated solution for businesses to manage their day-to-day operations from beginning to end.” Greensheet prominently mentioned SinglePoint in a section titled, “Workarounds Emerging.” It detailed how SinglePoint is a company offering solutions to the cryptocurrency and cannabis industries.”
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Fri Jan 05, 2018 6:09 pm

SinglePoint, Inc. (SING) Poised to Unite Booming Markets with Comprehensive Solutions

- SING at the forefront of $24.5 billion legal cannabis industry and rapidly-growing cryptocurrency market
- The company plans full launch of its proprietary bitcoin-powered credit-debit payment processing platform and end-to-end solutions
- Recent and planned key acquisitions and joint ventures will strengthen SING’s position in booming markets

As a pioneering and innovative company that offers mobile, technology-driven solutions in various markets, including those to be considered high-risk, SinglePoint, Inc. (OTC: SING) is at the forefront of booming sectors including the legal cannabis industry and the cryptocurrency market. With legal marijuana sales projected to reach upward of $24.5 billion by 2021 (http://nnw.fm/Btwh5), coupled with the exponential rise of bitcoin (http://nnw.fm/V2Of5), the company is poised to offer comprehensive payment and end-to-end solutions that unite the exploding markets.

SinglePoint, through subsidiary SingleSeed, has established a proprietary credit-debit card payment processing platform that utilizes bitcoin rather than conventional bank-held currency. While not specific to any industry, with blockchain technology’s capability to create efficiencies in any sector, SinglePoint’s innovative SingleSeed app is designed to provide an alternative payment solution to the unbanked cannabis market. The platform, soft-launched last November with expected full launch in the first quarter of 2018, was designed to leverage bitcoin, and eventually other cryptocurrencies such as ethereum, to provide cash-alternative options. The solution enables merchants and customers to sell and purchase products utilizing bitcoin-powered debit and credit card-based transactions. In addition, the solution enables merchants to digitally track and automatically update inventories, as well as upload product-related data, such as photos and descriptions.

The fully KYC-AML compliant solution was designed to bypass current federal restrictions and provide cannabis businesses and customers with critically-needed financial transactions, but it is customizable to any company and industry. The payment service provides ease and efficiency of user signup and verification to enable online and prior-to-sale account registration or immediate point-of-sale cryptocurrency transactions.

As addressed in a recent editorial highlighting innovators and opportunities in the skyrocketing market, the potential of solutions by pioneering companies like SING that utilize bitcoin and other cryptocurrencies are clear and will continue to have wide and cross-industry application (http://nnw.fm/0gkRu). Another article (http://nnw.fm/RVg5E) highlights its industry-wide potential, stating, “Beyond changing the game for U.S. cannabis businesses, this pioneering payment exchange can, and likely will, go even further, enabling businesses of all types — in both high-risk and low-risk markets — to conduct instant card-based transactions that are powered by bitcoin.”

In the meantime, SING is poised to strengthen its position in the rapidly-growing cannabis and cryptocurrency markets. The company strives to continue to solve key issues with the ultimate goal of providing comprehensive, fully-integrated and end-to-end solutions for cannabis companies to manage all daily operations. This is clear with the company’s recent and planned strategic acquisitions and key joint ventures including, but not limited to, its agreements with Global Payout (OTC: GOHE) and AppSwarm (OTC: SWRM). The agreements with GOHE and SWRM will combine strengths to produce further cryptocurrency and payment solution options for the cannabis industry, as well as provide additional value-added solutions that include licensed in-home delivery services.

For more information, visit the company’s website at www.SinglePoint.com
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Mon Jan 08, 2018 6:31 pm

NetworkNewsBreaks – SinglePoint, Inc. (SING) Serving Two Major Markets Through SingleSeed Subsidiary

Full-service mobile technology provider SinglePoint (OTC: SING) is engaged in providing solutions to the booming legal cannabis industry as well as the burgeoning cryptocurrency market. An article discussing this reads: “SinglePoint, through subsidiary SingleSeed, has established a proprietary credit-debit card payment processing platform that utilizes bitcoin rather than conventional bank-held currency. While not specific to any industry, with blockchain technology’s capability to create efficiencies in any sector, SinglePoint’s innovative SingleSeed app is designed to provide an alternative payment solution to the unbanked cannabis market. The platform, soft-launched last November with expected full launch in the first quarter of 2018, was designed to leverage bitcoin, and eventually other cryptocurrencies such as ethereum, to provide cash-alternative options. The solution enables merchants and customers to sell and purchase products utilizing bitcoin-powered debit and credit card-based transactions. In addition, the solution enables merchants to digitally track and automatically update inventories, as well as upload product-related data, such as photos and descriptions.”
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Tue Jan 09, 2018 5:25 pm

Bitcoin’s Rise Speeds the Adoption of Cryptocurrency-Based Payment Solutions

NetworkNewsWire Editorial Coverage: The meteoric rise in the price of bitcoin in 2017, from just under $1,000 to above $15,000 at year-end, has attracted the attention of investors around the world. Powered by the blockchain, the distributed ledger technology which verifies transactions without the need for third-party validation, the cryptocurrency made great strides during the past year in achieving acceptance by businesses willing to accept it as a means of payment. Investors looking beyond bitcoin itself to find companies that stand to benefit from the growing usage of bitcoin for commercial transactions have a number of options to choose from, including SinglePoint, Inc. (SING) (SING Profile) and Square, Inc. (SQ). Even industry behemoths like Discover Financial Services (DFS), International Business Machines Corp. (IBM) and Mastercard, Inc. (MA) are getting on board to one degree or another, poised to take advantage of the disruptive potential of cryptocurrencies to facilitate the payment process.

SinglePoint, Inc. (SING) has established itself in the burgeoning market for cryptocurrency transaction platforms. Through diversification into horizontal markets, SinglePoint has developed from a full-service mobile technology provider into a holding company focused on building its portfolio by acquiring interests in undervalued subsidiaries. The company has developed, through its SingleSeed subsidiary, a proprietary bitcoin payments solution designed to allow cannabis merchants and customers to use bitcoin-enabled debit and credit cards to conduct transactions. SinglePoint’s solution is in full compliance with KYC-AML and is eligible for deployment in all types of businesses, giving it potential beyond the cannabis market.

A cryptocurrency like bitcoin has the potential to help serve the needs of under-banked markets such as the cannabis industry. The classification of cannabis as a Schedule 1 drug at the federal level under the Controlled Substances Act prevents most industry merchants from using traditional banking services. This makes such businesses virtually unbankable, forcing them to deal in cash with all the inconvenience that can bring.

With its SingleSeed Payments platform, SinglePoint has taken the lead in the U.S. in payment solutions for the industry. This platform provides customers in any state where marijuana is legal the convenience of transacting bitcoin-enabled purchases with their debit and credit cards, similar to how they would use these cards to purchase any other item. SingleSeed Payments also allow cannabis dispensaries to digitally keep track of product inventories and to upload product data like photos and descriptions. When products are purchased the system automatically accounts for the reduction in inventory in the merchant’s product listings.

This proprietary bitcoin exchange (app.singlessed.com) underwent a soft launch on November 15, 2017, with an official launch planned for the first quarter of 2018. Even if cannabis is legalized at the federal level at some future time, the SingleSeed app is poised to expand its use as an effective tool for handling retail cannabis payments using cryptocurrency. Ultimately, the company hopes to provide a completely integrated solution that can be used by all types of businesses for end-to-end management of their day-to-day business operations.

After achieving significant growth in 2017, SinglePoint is well prepared to continue this trajectory in 2018. The company has formalized a joint-venture agreement that it had previously announced with AppSwarm (SWRM) to begin development on an application that will make it possible for licensed cannabis delivery services and dispensaries to safely make in home deliveries. Through this and other agreements and partnerships and product offerings, SinglePoint has positioned itself in the forefront of both the cannabis and cryptocurrency markets.

The company has entered into an agreement to advance and streamline the process involving the delivery of payment applications with Global Payout (GOHE), a provider of customized financial technology solutions. SinglePoint hopes to leverage its expertise in mobile payments and associated mobile offerings to work with Global Payment’s MoneyTrac (“MTRAC”) subsidiary, which is developing payment solutions for the cannabis industry, to further the optimization of its technology platform and add value to the services it offers.

SinglePoint President Wil Ralston recently stated: “Through strategic joint ventures and inside development of applications we are pushing hard on providing a compliant solution to the cannabis industry. Our team and others have worked well in collaboration, and believe we are not far away from an official launch of this solution in the first quarter of 2018.”

SinglePoint has also formed another strategic joint venture, in this case with Smart Cannabis Corp (SCNA). Smart Cannabis provides automated greenhouse systems as well as its unique SMART APP, which offers seed-to-sale monitoring and automation for cannabis growers. The firm is one of the few companies in the cannabis sector which is profitable. The SMART APP enables cultivators to control their operations from a mobile device. The two companies plan to collaborate to integrate the app with SinglePoint’s bitcoin payment solution, enabling cultivators to accept payment for their product through the payment application, improving the safety and security of such transactions.

“Cultivators need a solution to secure their payments. We are looking to provide a solution that can be used from seed to sale, the entire life cycle. The transaction from a cultivator to a processor or dispensary can be huge, over $150,000 per transaction, and it is simply not safe or efficient to carry that kind of cash to a transaction,” Ralston stated. With California legalizing recreational marijuana sales in 2018, this partnership helps position SinglePoint to serve the expected increase in business in the state. The company has taken other steps to position itself to benefit from the legalization of cannabis in California, including acquiring California-based Discount Indoor Garden Supply and investing in Convectium, a cannabis equipment supplier located in the state.

Legal marijuana sales are currently experiencing robust growth. Sales are slated to amount to approximately $9.7 billion in North America in 2017, 33 percent higher than in 2016, with industry observers forecasting the market to rise to upward of $24.5 billion in sales by 2021, according to an article in Business Insider (http://nnw.fm/G6fKK). With the cannabis industry ideally suited to pioneer the practice of fully blending cryptocurrencies into its day-to-day operating practices, SinglePoint has positioned itself to offer industry participants a solution that helps them efficiently integrate bitcoin-based payments into their operations. As a result, the company is well placed to take advantage of the tremendous growth expected in the sector.

Building on the company’s success in 2017, SinglePoint’s management team plans to undertake an aggressive expansion strategy. Management believes the multiple joint ventures and agreements the company has signed will provide fruitful results going forward, and plans to continue the strategy of making acquisitions, which has been a powerful catalyst for corporate growth, in 2018. SinglePoint’s management remains bullish on the use of bitcoin and blockchain technologies to solve key issues in the cannabis markets, and will seek out companies to acquire and partner with to bring solutions to this growing market throughout the year.

Another company which has taken steps to offer consumers the ability to participate in the cryptocurrency revolution is Square, Inc. (SQ), which provides credit card payment processing solutions. The company also offers point-of-sale services, financial services, and marketing services. The company has released a beta trial enabling users to buy and sell bitcoin on its cash app. The move was welcomed by investors who bid the company’s stock up more than 100 percent in 2017, as it rose from the approximately $15 in January to end the year at $34.67.

A major financial services firm which is closely watching the cryptocurrency space and the development of blockchain technology is Discover Financial Services (DFS), a direct banking and payment services company that is one of the largest U.S.-based card issuers. The company issues the Discover card and offers a variety of loans and other services through its direct banking network. In an article on the Discover Global Network, bitcoin and other types of payments driven by blockchain technology were described as being even more like cash than a debit transaction would be, meaning that industries beyond payment technology may want to consider how blockchain technology could be used to help add efficiency to the management of data and information.

A well-known name in computer technology for decades, IBM (IBM) has wasted no time in taking steps to capitalize on the power of the blockchain. The company recently started processing payments between banks in the South Pacific using a proprietary blockchain platform it developed. Another notable example of IBM’s use of the blockchain is its partnership with mega retailer Walmart to utilize a combination of IoT (Internet of Things) sensors along with the blockchain to track produce from farm to fork, allowing for the rapid removal of any product which experiences quality issues. Traditionally, paper tracking systems have been used for this purpose, which can allow for inaccuracies and slow down the process of tracing food products. Using the blockchain, tracking information on a product can be called up in as little as 2.2 seconds rather than the multiple days it might have taken previously.

Global payments technology giant Mastercard (MA) is another major corporation making a move to utilize the blockchain technology underlying cryptocurrencies such as bitcoin for payment processing. The company is now allowing some customers to send money via a blockchain instead of swiping a credit card. Mastercard has developed its own blockchain which it has announced is now available to certain banks and merchants to use to send payments for goods and services. Mastercard joins its fellow fortune 500 company IBM in allowing payments to be made over a proprietary blockchain system.

Mastercard’s blockchain is different from IBM’s in that, while the IBM blockchain utilizes Lumens, a virtual currency developed by the non-profit Stellar, the Mastercard blockchain doesn’t use a cryptocurrency to operate, instead accepting payments only in traditional local money. In addition to payments, Mastercard also envisions the use of the blockchain for applications such as tracking the movement of goods such as pharmaceuticals or luxury goods, providing authenticity data for these goods and thereby reducing fraud.

The stunning ascent in bitcoin’s price in 2017 has helped pave the way for the use of the cryptocurrency and the blockchain technology on which it is based for a number of business purposes, among the most promising being the processing of payments where the transparency and efficiency of the technology improves existing practices. Given the hurdles to conducting cannabis transactions through traditional banking networks, this industry is among the most prominent targets for the use of bitcoin in this manner. The companies mentioned above are all positioned to play a major role in the developing trend of blockchain and cryptocurrency-based payment solutions, making them worthy of further investigation by investors looking to capitalize on the disruptive power of cryptocurrencies and the technology behind them.

For more information on SinglePoint, visit: SinglePoint, Inc. (SING)
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Wed Jan 10, 2018 6:11 pm

NetworkNewsBreaks – SinglePoint, Inc. (SING) Teams with Kevin Harrington to Launch National TV Campaign

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced a long-term global collaboration with Kevin Harrington, an original ‘shark’ on the hit TV show Shark Tank and creator of the ‘As Seen on TV’ industry. As part of this partnership, Harrington will work hand-in-hand with SinglePoint to launch a range of services in the company’s cryptocurrency division. “Kevin’s legendary work producing the launch of more than 500 products is just one of the many reasons we are thrilled about this partnership,” Wil Ralston, president of SinglePoint, stated in the news release. “Impressively, 20 of Kevin’s companies have each topped $100 million in revenue. We look forward to partnering with such a visionary individual and discovering what this means for the future of SinglePoint.” SinglePoint’s national TV campaign featuring Harrington as spokesman is scheduled to begin production on January 19, 2018. The company intends to air the campaign on major financial news networks such as CNN and Fox News.
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Fri Jan 12, 2018 9:14 pm

SinglePoint, Inc. (SING) Facilitates Cryptocurrency Payment Solutions through SingleSeed Platform

- SinglePoint capitalizing on exceptional growth in legal cannabis and cryptocurrency markets via its subsidiary, SingleSeed
- Bitcoin price has increased from $1,000 to over $15,000 in the last year
- Legal cannabis market forecast to reach more than $63 billion by 2024

A diversified holding company with operations in multiple industries and verticals, SinglePoint, Inc. (OTC: SING) is focused on providing full-service mobile technology solutions by capitalizing on two high-performing market sectors, legal cannabis and cryptocurrencies. Over the past year, the price of bitcoin has exploded, from just over $1,000 in January 2017 to over $15,000 on January 9, 2018. The legal cannabis market has also seen significant growth with increasing legalization in North America and Europe, and it’s projected to reach over $63 billion in global sales by 2024, up from just over $14 billion in 2016 (http://nnw.fm/bkR9Y).

SinglePoint will proceed with a full launch of its subsidiary, SingleSeed, during the first quarter of 2018 to provide a platform for retailers and consumers in the legal cannabis industry to process cryptocurrency payments. Based on blockchain technology, the SingleSeed platform is a proprietary payment processing app that enables payment by bitcoin instead of conventional currency. Blockchain technology facilitates a more efficient, faster and more secure payment process, as well as providing an alternative to many operators in the cannabis sector that don’t have access to traditional banking processes.

Apart from facilitating cryptocurrency payments, the SingleSeed app enables merchants to upload photos and descriptions of their products, and track and update inventories. The app is user-friendly, providing an easy, efficient account registration process to facilitate immediate point-of-sale transactions. The platform also enables dispensaries to use it for text message marketing in order to develop customer relationships and build trust.

While SingleSeed was designed to provide a payment solution to the cannabis industry, it is not industry-specific, and SinglePoint will be able to customize the platform for any industry application in the future. SinglePoint’s proprietary payments solution is currently based on bitcoin, but the company intends to accommodate ethereum in the near future. Currently priced at over $1,200, ethereum could triple in value by the end of the year, according to co-founder Steven Narayoff (http://nnw.fm/hKt7l). SinglePoint’s ultimate goal is to accommodate payments by both cryptocurrencies within its integrated mobile solutions for use by enterprises of all kinds.

With a market cap of over $100 million, SinglePoint is focused on acquisitions of small to medium-sized companies that have developed innovative technologies to expand its portfolio, with a view of providing investors with investment opportunities across a wide range of assets. On December 5, 2017, the company announced a joint venture with Smart Cannabis Corporation (OTC: SCNA) to license and market Smart Cannabis’ SMART APP. Based on IoT technology, SMART APP enables cannabis growers to measure all aspects of cultivation, from soil nutrient levels to watering cycles and carbon dioxide content in the air. As part of the joint venture agreement, SMART APP will integrate SinglePoint’s bitcoin payment solution to enable growers to process safer and more secure transactions. SinglePoint also entered joint venture agreements with Global Payout (OTC: GOHE) and AppSwarm (OTC: SWRM) last year to strengthen its cryptocurrency payment services and to provide value-added solutions, including licensed in-home delivery services.

For more information, visit the company’s website at www.SinglePoint.com
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Fri Jan 19, 2018 7:02 pm

NetworkNewsBreaks – SingleSeed by SinglePoint, Inc. (SING) Set to Launch Payment Solution App

Specialized holding company SinglePoint, Inc. (OTC: SING) is set to launch its SingleSeed platform in the first quarter of 2018. The subsidiary was designed to provide a payment solution to the cannabis industry, a booming market forecasted to reach more than $63 billion by 2024. An article discussing the company reads: “SinglePoint will proceed with a full launch of its subsidiary, SingleSeed, during the first quarter of 2018 to provide a platform for retailers and consumers in the legal cannabis industry to process cryptocurrency payments. Based on blockchain technology, the SingleSeed platform is a proprietary payment processing app that enables payment by bitcoin instead of conventional currency. Blockchain technology facilitates a more efficient, faster and more secure payment process, as well as providing an alternative to many operators in the cannabis sector that don’t have access to traditional banking processes.”
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