Specialized holding company SinglePoint, Inc. (OTCQB: SING) this morning announced the finalization and successful completion of its PCAOB corporate audit. Per the update, SinglePoint has been working closely with Turner Stone and Company in order to complete the 2016 and 2017 corporate audit, and it now intends to take the necessary steps to become fully reporting by filing a Form 10. By completing its corporate audit and filing a Form 10, SinglePoint expects to enjoy improved access to capital, available on better terms for the company, while creating a pathway for institutional and family offices to invest in SinglePoint via the open market. “We as management are very excited to have completed the audit,” Greg Lambrecht, CEO of SinglePoint, stated in the news release. “We have already received term sheets from potential capital partners to raise up to $20,000,000 on friendly terms. This is a major step for the company and I am very confident, more so than ever, in the company’s ability to successfully build upon the solid infrastructure we now have.”
To view the full press release, visit http://cnw.fm/v0nkC
About SinglePoint, Inc.
SinglePoint, Inc. (SING) is a technology and investment company with a focus on acquiring companies that will benefit from the 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 subsidiaries, thereby providing a rich, diversified holding base. For more information, visit the company’s website at www.SinglePoint.com
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