SinglePoint Inc. (SING) Surpasses $1 Million in Q1 Revenue, Reaping Significant Rewards from Pivoting Strategy During Economic Crisis

Jun 9, 2020

  • SING surpasses $1 million in Q1 revenue through new online strategy for subsidiary Direct Solar
  • 1606 Hemp social media strategy grew followers from 100 to over 20,000 with direct increase in online sales
  • 1606 Hemp physical distribution increased to over 400 stores within several months

With a combination of perseverance and flexibility, management at SinglePoint (OTCQB: SING) led the company to increased growth surpassing $1 million in Q1 revenue as a result of its ability to strategically pivot in this challenging economic environment. As a diversified holdings company with operations in several high-performing market sectors, SING is well positioned to handle the remaining waves of 2020’s tumultuous economic landscape. Its strategy includes intensifying its successful 1606 Hemp retail rollout and establishing itself as a major player in the solar industry by increasing its footprint in the commercial sector and ramping up its newly created virtual selling process.

“We had a great quarter and a lot of that has come from pivoting to where we go virtual with our solar selling,” commented CEO Greg Lambrecht in a…

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NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://cnw.fm/SING

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