Singlepoint, Inc. (SING)

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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Wed Oct 18, 2017 6:27 pm

NetworkNewsBreaks – SinglePoint, Inc. (SING) CEO Featured in Equities.com Interview

SinglePoint (OTC: SING) was featured in an article published by Equities.com in which the company’s chief executive officer, Greg Lambrecht, was interviewed. SinglePoint is a full-service mobile technology provider focused on horizontal markets and acquiring undervalued subsidiaries. The company is currently engaged in two booming industries: cannabis and cryptocurrency. “We believe that when we get through with our cryptocurrency product we’re going to have a huge first mover advantage to be able to go into the dispensary and let the customers use Bitcoin or other coins to pay for cannabis. It’s just a huge opportunity and with our technical expertise we feel like we’re if not the absolute best, one of the best companies to pull this off,” Lambrecht stated in the interview. Lambrecht also discussed topics such as how SinglePoint has evolved over the years, the current market opportunity and how the company’s forward-thinking business model has helped develop it into an industry leader.
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Tue Oct 24, 2017 5:15 pm

Bitcoin’s Recent Gains Spell Opportunity for Cryptocurrency Companies

CannabisNewsWire Editorial Coverage: As one of the oldest means of exchange in the world, gold is always on the radar of the investment community. However, with gold currently valued at roughly $1,286.10 per ounce following a steep decline in the wake of the U.S. Presidential election, many investors are seeking out more fruitful investment options. In a November 2016 article titled “Bitcoin Might Be A Better Investment Than Gold” (http://cnw.fm/Yrb1K), a contributor to Seeking Alpha praised bitcoin’s recent flourish, and the cryptocurrency has continued to climb in the months since. On August 6, 2017, bitcoin soared to a new record of $3,000. Just a week later, it eclipsed the $4,000 mark, more than quadrupling its value since January. Bitcoin continued its blockbuster climb in recent weeks, hitting $6,147.07 on October 21, 2017, as the cryptocurrency busted out another record high, according to data from industry website Coindesk. For prospective investors, this climb has created an opportunity to capitalize on the most significant evolution of the global currency landscape in decades. Companies like SinglePoint, Inc. (SING) (SING Profile), Bitcoin Services, Inc. (BTSC), Bitcoin Investment Trust (GBTC), Advanced Micro Devices, Inc. (AMD) and Nvidia Corp. (NVDA), by targeting various niches within the larger cryptocurrency space, are positioned to reap the benefits of bitcoin’s climb.

Gold’s recent performance highlights the current demand for alternative investment options. For more than half a century beginning in 1879, Americans had the option to trade in U.S. dollars for gold. This all changed in 1933, when the United States went off the gold standard following a joint resolution, eliminating the right of creditors to demand payment in the precious metal. In 1971, President Richard Nixon completely severed the link between the dollar and gold, transforming the greenback into a fiat currency, invalidating the Bretton Woods Agreement, and effectively driving the nail into the coffin of the so-called gold standard around the world. Today, Federal Reserve notes are backed solely by the “full faith and credit” of the U.S. government, but a shifting political landscape has created demand for decentralized monetary systems that operate independently of federal institutions. In January 2009, rapidly advancing technology facilitated the next evolution of currency when bitcoin, recognized as the first decentralized digital currency (http://cnw.fm/HcH24), hit the international stage. By 2015, more than 100,000 merchants and vendors (http://cnw.fm/n9QNB) around the globe were accepting bitcoin as payment.

To date, 2017 has proven to be a landmark year for the cryptocurrency landscape. Back in April, the Japanese government amended a bill to officially recognize bitcoin and other cryptocurrencies as legal tender, and other countries are beginning to follow suit. This rising wave of global acceptance isn’t going unnoticed in North America. Bank of America is one of several Fortune 500 companies strengthening its intellectual property portfolio (http://cnw.fm/kEVV3) as it relates to cryptocurrencies and their underlying blockchain technology. In addition to filing nine blockchain patent applications with the U.S. Patent and Trademark Office in February alone, Bank of America is also working with Microsoft on a joint venture aimed at applying blockchain technology to the area of trade financing.

In the U.S., the burgeoning cannabis industry is, perhaps, one of the most promising applications for bitcoin and blockchain technology. Despite being on course to record sales of $13.3 billion in 2020, according to research by New Frontier Data (http://cnw.fm/9yFTv), the U.S. cannabis market is currently plagued with banking issues stemming from the Controlled Substances Act. This decades-old statute classifies marijuana as a schedule I controlled substance. As such, businesses operating in states that have legalized cannabis for either medicinal or recreational use are often unable to access traditional banking services offered by financial institutions operating at the interstate level. SinglePoint, Inc. (SING) is attempting to remedy the concerns presented to these currently all-cash businesses by providing a cryptocurrency alternative (http://cnw.fm/G7es0) to traditional banking solutions.

As CEO Greg Lambrecht stated in a recent news release, “There is now tremendous momentum and demand for bitcoin acceptance as an alternative form of payment.”

SinglePoint has entered a period of rapid development aimed at executing on its bitcoin payments solution. The company’s management team noted that a recently announced new round of funding would play a key role in SinglePoint’s efforts to “move very quickly to develop a cryptocurrency solution and continue acquisitions in the cannabis space.” In early August, SinglePoint confirmed (http://cnw.fm/RPwq4) the swiftness of its development efforts by announcing the commencement of development for its in-house solution enabling consumers to “obtain bitcoin at any point of sale.” While this new payment exchange is expected to be particularly useful to the maturing cannabis sector, its potential applications could extend well beyond the bounds of marijuana. As SinglePoint noted in a news release, its new product will be “a payment service to make instant bitcoin powered purchases possible when all you have is a credit (or debit) card,” presenting upside for a wide variety of businesses, most notably in high risk markets.

On October 18, 2017, SinglePoint’s evolution was featured in an article published by Equities.com in which Lambrecht discussed the company’s two booming industries: cannabis and cryptocurrency (http://cnw.fm/0Jwtu). “We believe that when we get through with our cryptocurrency product, we’re going to have a huge first mover advantage to be able to go into the dispensary and let the customers use Bitcoin or other coins to pay for cannabis,” Lambrecht said in the interview. “It’s just a huge opportunity and with our technical expertise we feel like we’re if not the absolute best, one of the best companies to pull this off.”

This interview follows Lambrecht’s appearance on “MoneyTV with Donald Baillargeon” (http://cnw.fm/1DoOV), during which he discussed SinglePoint’s upcoming bitcoin payments solution. “We’ve hired some of the leading bitcoin programmers in the world to go ahead and build us a program,” he stated. “What this program is going to do (it’s going to be very similar to the Starbucks wallet), you’re going to have bitcoin on your wallet and when you go to the dispensary you’re going to be able to buy cannabis with your bitcoin wallet. That’s how we’re going to solve the fact that the banks won’t give these dispensaries bank accounts. We’re going to be unleashing this product at the cannabis show in Las Vegas (http://cnw.fm/Q34He). When we solve this problem (and we’re very confident that we can) … This is the perfect storm for SinglePoint.”

Year-to-date, shareholders have taken note of SinglePoint’s sustained growth and aggressive acquisition strategy. The company’s price per share hit $0.0586 on October 20, 2017, up from $0.01 in early January. An updated investor kit detailing the company’s products, leadership team and investor highlights provides readers with essential insights into the company’s goals.

Joining SinglePoint in the cryptocurrency market and achieving similarly promising growth is Bitcoin Services, Inc. (BTSC). The company’s PPS hit $0.06669 October 20, 2017, up from $0.01 in March of this year. BTSC originally unveiled plans to develop a blockchain software of its own in June 2016, noting its intention to emphasize online marketplace, file storage and identity management applications of the currency. The company reiterated these plans in October 2016 before turning its attention toward mining digital currency at the beginning of 2017. According to its recently updated website (http://cnw.fm/x6vZO), BTSC is currently focused on both bitcoin mining (http://cnw.fm/5Wnns), the means by which new bitcoin are introduced into circulation, and blockchain software development.

Of course, not every investment opportunity in the cryptocurrency market is related to the development of payment software. Bitcoin Investment Trust (GBTC) enables investors to gain exposure to the often significant price gains recorded by bitcoin through a traditional investment vehicle, eliminating the need to face the challenges of buying, storing and safekeeping the cryptocurrency. GBTC’s shares are noteworthy in that they are “the first publicly quoted (on OTCQX® under the Alternative Reporting Standards) securities solely invested in and deriving value from the price of bitcoin.” In an August 2017 report titled “Why GBTC Is Better Than Bitcoin” (http://cnw.fm/rAV8k), a contributor to Seeking Alpha provided some insight into the pros and cons of investing in Bitcoin Investment Trust instead of purchasing bitcoin directly. While GBTC shares are eligible for tax-advantaged accounts and supported by a network of trusted service providers, it’s important to consider that the current premium of GBTC over bitcoin is roughly 85 percent. As such, existing digital currency wallet platforms, as well as those in development by market innovators like SinglePoint, likely present a more enticing option for the majority of investors.

Yet another way to capitalize on the cryptocurrency boom is to target ancillary markets, particularly those related to currency mining hardware, such as Advanced Micro Devices, Inc. (AMD) and Nvidia Corp. (NVDA). A July article published by Business Insider (http://cnw.fm/WE1ae) called Nvidia and AMD “the only sure bets” in the volatile cryptocurrency space, and their share prices have echoed that sentiment. AMD’s PPS rose from $5.74 in September 2016 to $13.81 on October 20, 2017. Meanwhile, NVDA shares hit $196.90 on October 20, up from $59.52 in September 2016. While these companies aren’t directly involved with bitcoin or the ongoing cryptocurrency boom, many players in the emerging industry rely on AMD and Nvidia hardware (http://cnw.fm/6JD5g) for the blockchain technology that underpins cryptocurrencies, and that’s paying off for the GPU makers. RBC Capital Markets analyst Mitch Steves, in a June 26, 2017, interview with TheStreet (http://cnw.fm/zM5Xq), stated that the growing cryptocurrency mining market contributed “$100 million worth of GPU sales for Nvidia in the last 11 days alone.”

With bitcoin hitting record highs in recent weeks, investors are frantically searching for ways to capitalize on the emergence of both bitcoin and the wider cryptocurrency market. While ancillary service providers like AMD and Nvidia offer intriguing and diversified footholds in the industry, SinglePoint’s position as an early-mover combining the recent performance of both cryptocurrencies and legal cannabis makes it an exciting investment opportunity, particularly as it prepares for the November launch of its cannabis-facing bitcoin payment solution. Look for SinglePoint to stake its claim as cryptocurrencies continue their march toward ubiquity. As Ronnie Moas of Standpoint Research told Bloomberg in an August interview (http://cnw.fm/5vAo4), “It looks to me as though we are at the same point in the adoption curve as we were in 1995” with the Internet. “Cryptocurrency is becoming more widely accepted by the day.”

For more information on SinglePoint please visit: SinglePoint (SING) or www.SinglePoint.com
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Wed Oct 25, 2017 3:25 am

NetworkNewsBreaks – SinglePoint, Inc. (SING) and AppSwarm, Inc. (SWRM) Enter LOI to Conduct Joint Roll-Out of Cannabis Mobile Apps

Specialized holding company SinglePoint, Inc. (OTC: SING) and technology development company AppSwarm, Inc. (OTC: SWRM) this morning announced their entry into a Letter of Intent related to a joint roll-out of mobile applications specifically geared to the cannabis industry. Per the update, the applications will be branded and marketed under SinglePoint’s SingleSeed subsidiary, while AppSwarm will provide the necessary technical support and app development expertise. “We are very excited to roll-out these applications,” Greg Lambrecht, CEO of SinglePoint, stated in the news release. “We have worked on projects like these before and now we really feel we have both the capital and partner to make a full court press on a major launch and huge value add to the cannabis industry.” SinglePoint and AppSwarm plan to launch the first application related to this joint roll-out within 90 days of the Letter of Intent. Subsequently, the companies expect to release an additional two applications every 90 days thereafter. The first application is expected to be a service-based platform for the business-to-business and business-to-consumer markets that will effectively provide a base for the development of additional applications.
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Thu Oct 26, 2017 6:00 pm

NetworkNewsBreaks – SinglePoint, Inc. (SING) President Discusses Acquisitions, Cannabis and Cryptocurrency in New Podcast Interview

Specialized holding company SinglePoint, Inc. (OTC: SING) is the focus of a newly-released podcast interview announced this morning by Investorideas.com. The second of a two-part series, the new podcast features Wil Raston, president of SinglePoint, discussing the company’s progress toward the impending launch of its new bitcoin exchange platform. “We’re looking to finish up in the next week or two and hopefully have a nice beta system ready to launch,” Ralston states in the interview. “So far we’ve finished the portal for the user sign-up, we’ve added a cart system for dispensaries to actually upload their product and inventory, place photos, descriptions, everything like that about their inventory. A nice feature of that is they’re actually able to do some inventory tracking, so as customers purchase their products, it will actually automatically deduct from the inventory what they have there.” Ralston also talks about SinglePoint’s recent purchase of cryptocurrency WeedCoin and how that platform will affect payments within the burgeoning cannabis sector.
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Tue Oct 31, 2017 4:32 pm

As Bitcoin Boom Continues, Major Players are Validating Promising Forecasts for its Limitless Value Potential

CannabisNewsWire Editorial Coverage: The cryptocurrency known as bitcoin has seen an incredible boom since the start of 2017, and its bullishness has continued during the month of October, with the cryptocurrency once again breaking its own trading record and surpassing $6,000 on all major cryptocurrency exchanges on October 20. Some experts believe the value of bitcoin will spike much higher than this and that it has only just begun its climb in value. Investors have glommed onto bitcoin’s rising star en masse this year, and many companies have been pursuing means of profitably utilizing this most popular of the cryptocurrencies. One standout company is employing bitcoin to serve the needs of another booming market: legalized marijuana. SinglePoint, Inc. (SING) (SING Profile) is very close to launching its own bitcoin exchange aimed at solving the current problems of unbankability for cannabis businesses in the United States. The promise of bitcoin’s success as a means of giving cannabis companies non-cash payment options and other financial amenities is clear, and bitcoin’s increasing mainstream adaptation is evidenced in the activities of players like Bitcoin Investment Trust (GBTC), Bitcoin Services, Inc. (BTSC), Amazon.com, Inc. (AMZN) and Overstock.com, Inc. (OSTK).

Because the availability of bitcoin has a limit (its mining capability will someday cap off at 21 million coins, and the number of bitcoins mined since the cryptocurrency’s inception currently sits at around 16.5 million), it is considered a scarce asset, and, due to its scarcity, many believe its value potential will prove to be unlimited and its price will continue to climb—even after no more bitcoins can be mined. Companies currently engaged in bitcoin-related enterprises are banking on this limitless value potential and for bitcoin to continue shining as a red-hot commodity.

SinglePoint, Inc. (SING) is one company that has found promising applications for bitcoin as a means to help solve banking issues within the U.S. cannabis market—another investment space that is currently blossoming with no end to its growth in sight. Despite this, companies in the cannabis industry are currently blocked from accessing traditional banking services in the U.S. due to the Controlled Substances Act, which categorizes marijuana as a schedule I controlled substance. Even in states where cannabis has been legalized, marijuana enterprises are plagued by a lack of banking options, which largely forces them to conduct cash transactions. SinglePoint’s cannabis cryptocurrency solution, which is now mere weeks away from launching in beta form, could help effectively resolve this.

The new bitcoin exchange being developed by SinglePoint will enable cannabis businesses to deploy a user-friendly method of accepting credit and debit card payments without the need for cooperation from banks or the FDIC. The company is developing an in-house solution that will allow cannabis consumers to obtain bitcoin at any point of sale and to instantly make bitcoin-powered purchases using debit and credit cards. SinglePoint is an early-mover in bringing such technology to the U.S., and its bitcoin application will be fully KYC-AML compliant. Users can create an account online or sign up in seconds at the point of sale.

SinglePoint’s solution will further aid cannabis dispensaries by enabling them to upload inventory-related information, like product descriptions and photos, and digitally track their inventory. When a customer buys a product, it will be automatically deducted from the dispensary’s inventory listings.

SinglePoint’s innovative new payment exchange will undoubtedly be a boon for the cannabis market, but its applicability does not end there. The usefulness of this product could—and likely will—extend far beyond the marijuana market, making instant, card-based bitcoin-powered purchases possible for a variety of businesses, both in high-risk and low-risk markets.

SinglePoint has found great success through an aggressive, acquisition-based growth strategy, and investors have been sitting up and taking notice. In early January 2017, SinglePoint’s price per share was at $0.01; as of October 27, 2017, that price had risen to $0.0599. The launch of the company’s bitcoin payments solution will serve as yet another mark of SinglePoint’s sustained growth.

An updated investor kit detailing SinglePoint’s products, leadership team and investor highlights offers key insights into the company’s goals.

Further testament to the increasing power and adoption of bitcoin is evidenced in the movement of entities like Bitcoin Investment Trust (GBTC), which became the first publicly quoted bitcoin investment vehicle and which Wall Street analyst Tom Lee recently called “the only game in town” for U.S.-based investors who want to gain exposure to bitcoin (http://cnw.fm/c1WB4). Lee further predicts that Bitcoin Investment Trust could rise by 250 percent or more by 2022 if bitcoin’s value reaches the $25,000 target he has set for it to reach by that year. Bitcoin Investment Trust empowers investors to gain exposure to bitcoin’s price gains through a traditional investment vehicle, eradicating the necessity of buying, storing and safeguarding bitcoin. Bitcoin Investment Trust is an open-ended grantor trust sponsored by Grayscale Investments that is U.S.-based and invested exclusively in bitcoin. It was named one of OTC Market Group’s “OTCQX Best 50” for 2017.

Another cryptocurrency player that is achieving growth similar to SinglePoint’s is Bitcoin Services, Inc. (BTSC). Like SinglePoint, BTSC was at $0.01 per share early on in 2017, but it had reached $0.0605 as of October 27. BTSC previously announced its own plans to create a proprietary blockchain software, intending to highlight online marketplace, file storage and identity management applications relative to cryptocurrency. During Q1 of 2017, BTSC began mining Dash, its own cryptocurrency. The company also created a new subsidiary this year, Crypto Capital Corp., for the purpose of developing a cryptocurrency wallet that would enable users to securely store multiple digital currencies in one wallet. At present, BTSC is focused on both mining bitcoin and developing its blockchain software.

The acceptance of bitcoin by e-commerce giants like Amazon.com, Inc. (AMZN) and Overstock.com, Inc. (OSTK) is further evidence of the cryptocurrency’s growing mainstream adoption. Currently, Amazon does not directly accept bitcoin, instead allowing shoppers to use it in a roundabout way through the Purse.io app. However, suppositions are flying that this could change very soon due to Amazon’s rumored intention to begin supporting bitcoin as a payment method (http://cnw.fm/lp2U0). Overstock.com does currently directly accept bitcoin and has done so since January 2014.

There is no doubt that bitcoin currently represents big game for investors, and optimistic forecasts see no ceiling for this cryptocurrency’s growth. For enterprising companies seeking profitable means of utilizing bitcoin, the future seems to be paved with virtual gold.

For more information on SinglePoint please visit: SinglePoint (SING) or www.SinglePoint.com
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Wed Nov 08, 2017 6:24 pm

NetworkNewsBreaks – SinglePoint, Inc. (SING) CEO Featured in Uptick Newswire “Stock Day” Interview

Specialized holding company SinglePoint, Inc. (OTC: SING) this morning announced that CEO Greg Lambrecht was a special guest on the first-ever video recording for Uptick Newswire “Stock Day” with new host Kathryn Donnelly. In the interview, Lambrecht reviews SinglePoint’s plan for bringing revenues in house during 2018, as well as the strategy behind the products that it is marketing to the cannabis sector. Lambrecht concludes the interview by discussing SinglePoint’s efforts to uplist to the OTCQB Venture Market, including outlining how the company will get there and evaluating its current stock price. To review the full interview, visit http://nnw.fm/oQWB6
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Re: Singlepoint, Inc. (SING)

Postby QualityStocks » Wed Nov 15, 2017 6:25 pm

NetworkNewsBreaks – SinglePoint (SING) Introduces Proprietary Bitcoin Exchange for Payment Processing in High-Risk Markets

Aimed at providing a solution to address the payment processing issues of high-risk transactions in the cannabis and other industries, SinglePoint (OTC: SING) this morning announced the soft launch of a bitcoin exchange that can be utilized by any business, from convenience stores to cannabis dispensaries in the 29 legal states and District of Columbia. “We are very pleased with what we have built out and executed on with this solution. SinglePoint now has a base to continue innovating on for the cannabis payments space. Businesses are contacting us daily about payment services and with this solution we feel confident we will be on boarding many of these customers. This is just the beginning of a solution that will ultimately serve cannabis businesses much beyond payments. The overall goal is to have a fully integrated solution for businesses to manage their day-to-day operations from beginning to end,” SinglePoint President Wil Ralston stated in the press release.
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