Wednesday, January 29, 2020

SinglePoint Inc. (SING) Highlights Solar Focus on 1,100th Episode of MoneyTV; Diversification Creates Strong Opportunity

  • Company’s emphasis is diversification and M&A strategy
  • SING provides investors the opportunity to make investments across broad set of assets
Emphasizing new technologies, SinglePoint Inc. (OTCQB: SING) specializes in the acquisition of small to mid-sized companies. The company focuses on diversification into horizontal markets and has an acquisition-based business strategy. Headquartered in Phoenix, SinglePoint provides investors the opportunity to make investments across a broad set of assets, with an emphasis in new technologies.
Recently, SinglePoint president Wil Ralston discussed the company’s major programs with Donald Baillargeon during MoneyTV’s 1,100th episode. Ralston noted that the company had had a record-breaking year last year. Using 2019 as a dynamic springboard, Ralston said that 2020 will be a year where SinglePoint concentrates on solar.
Ralston envisions the company’s Direct Solar subsidiary doing greater than $8 million in revenue this year. To fuel that growth, Direct Solar is rolling out its commercial and financing initiatives. While specific details haven’t been worked out, Ralston said the company is working on several different ways to advance these programs.
Ralston noted that the upcoming election should draw considerable media attention toward solar and renewable energy, which will be beneficial to Direct Solar. SING believes that with that attention, a growing number of potential customers – and investors – will investigate publicly traded solar companies, especially those that do installs such as Direct Solar.
Direct Solar continues to garner residential projects, and the company will maintain its emphasis on the residential market even as it evaluates areas for growth. With its residential program, Direct Solar can open up any market within approximately one week. Currently Direct Solar operates in 20 cities in 11 states, with a growing number of representatives out in the field doing canvassing, marketing and sales.
Direct Solar can also service commercial buildings, and Ralston observed that there is significant money to finance both residential projects as well as larger commercial projects. While the company has performed well in these areas, a significant niche market for Singlepoint, he states, has been in smaller commercial projects – within the $500,000 to $5 million range – as funding for mid-scale initiatives has been lacking. He noted that with its network of contractors, Direct Solar can roll up financing to fund multiple different projects, presenting a viable solution for small commercial businesses to reap the financial benefits of solar.
In addition to its solar program, and as an element of its diversification strategy, SinglePoint is excited about the potential of its 1606 Original Hemp offering. SING’s exclusive 1606 Original Hemp product line features a pre-rolled, filtered hemp cigarette that is 100% tobacco and nicotine free. And 1606 Original Hemp isn’t SinglePoint’s only foray into the cannabis space – by way of its subsidiary company SingleSeed, the company provides products and services to this promising industry. SingleSeed has become a hub for cannabis dispensaries looking for merchant payment-processing solutions and other business tools (http://nnw.fm/bLA3f).
Rounding out its current diversification model, SinglePoint also centers on mobile-payment applications. The design of the company’s payment-processing solution is to meet the precise needs of each unique business it serves (http://nnw.fm/iH9xA). Processing solutions include retail, retail with tip, restaurant, mail order/telephone order (MOTO) and internet/e-commerce.
SinglePoint offers a varied holding base for manifold revenue streams with its Direct Solar subsidiary earning more than $1 million a month in contracts. For investors, company leaders believe that 2020 will be the biggest year in SinglePoint’s history. With its diversified M&A model, SING offers the potential for ROI with a platform that centers on sustainable growth and expansion into key markets.
For more information, visit the company’s website at www.SinglePoint.com
NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://nnw.fm/SING
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
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Tuesday, January 28, 2020

SinglePoint Inc. (SING) CEO Reviews Record Year, Outlines Strategy for Record-Breaking Growth in 2020

  • CEO anticipates SING will surpass $10 million in gross revenues this year
  • SinglePoint plans to drive 2020 vision through organic growth in high-value, high-opportunity markets and synergistic acquisitions
  • Company to focus on Direct Solar, 1606 Original Hemp product line
SinglePoint Inc. (OTCQB: SING) founder and CEO Greg Lambrecht thanked all 24,000-plus SING shareholders in a letter sent out this month (http://nnw.fm/PbXq4). The letter also outlines the company’s strategic plan for the new year, including a forecast that SinglePoint will reach $10 million in gross revenues this year, based primarily on the company’s focus on solar and the launch of 1606 Original Hemp, SING’s line of proprietary hemp products.
Last year was a strong year for SinglePoint in terms of continued fundamental improvement and establishing the foundation for anticipated continued growth, Lambrecht stated. Milestones for the year included becoming fully reporting with the Securities and Exchange Commission (SEC), increasing annual revenue and acquiring a majority interest in Direct Solar, the company’s solar subsidiary. “We will continue to focus on creating shareholder value utilizing an acquisition strategy looking for emerging growth companies that would benefit from exposure and access to capital that a public company can provide,” Lambrecht noted in the letter.
Looking forward to 2020, SING “has set an internal goal to surpass $10,000,000 in gross revenues, primarily by the company’s subsidiary SinglePoint Direct Solar,” the CEO said. “We plan to drive our 2020 vision through organic growth in high-value, high-opportunity markets, scale and grow revenue through synergistic acquisitions, and invest in and develop exceptional talent within our organization and our subsidiaries.”
SING acquired Direct Solar in mid-2019, and the company grew at a greater rate than anticipated, expanding across 11 states and developing into a scalable business model that continues to attract talented industry business professionals who are focused on accelerating the company’s national footprint expansion. “The 2020 domestic solar market is showing continued signs of riding a new tailwind driven by talks of a new green deal,” Lambrecht observed. “We anticipate that renewables will continue to be an important issue around the country and plan to focus the majority of our attention on growth in the solar and renewables space… We are not alone in our belief in the emerging renewable energy market; recently Goldman Sachs has announced a $4,000,000,000 fund for renewable energy.”
In addition, the company will strengthen its 1606 Original Hemp brand, which was launched at the 2019 National Association of Convenience Store Show (“NACS”). This exclusive line of products capitalizes on the emerging trend in the smokable hemp market and has already been picked up by distributors and retail outlets, Lambrecht reported. “We are encouraged by the reception and demand this new product category received at [NACS],” he said. “Our success at NACS with the smokable hemp product allowed SinglePoint to secure a distribution agreement to distribute PrimeTime Flavored Cigars with Japan Tobacco USA, a division of Japan Tobacco International which operates in over 130 countries.”
In the shareholder letter, Lambrecht outlined SinglePoint’s consistent growth for the past two years, noting that from 2017 to 2018, SING’s gross revenue increased more than 344%, and gross revenues for 2019 are expected to total $3 million, representing the company’s largest annual reported revenue in company history. “In 2020 we expect this revenue increase to continue as SinglePoint will benefit from a full operating year of Direct Solar,” Lambrecht said. “Management is optimistic that the establishment of solid fundamentals and the continued growth of the company provides the opportunity to drive the company’s market cap and overall shareholder to exceed historical levels.”
Founded in 2011, SING invests in and acquires brands and companies that will benefit from injection of growth capital and the company’s sales and marketing expertise. SinglePoint’s portfolio currently includes solar renewables, hemp and distribution tobacco products. SinglePoint is working to grow to a multinational brand.
For more information, visit the company’s website at www.SinglePoint.com
NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://nnw.fm/SING
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
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Sigma Labs Inc. (NASDAQ: SGLB) Software Possible Key to Growing Use of 3D Printing in World of Auto Making

  • Numerous companies, including Volkswagen, BMW and Jaguar Land Rover, are piloting and deploying 3D-printing technology
  • Significant improvements in 3D-printing technology primary reason for market expansion
  • SGLB, along with exclusive PrintRite3D software, providing game-changing technology for 3D printing
A recent report predicts that worldwide spending on 3D printing product and services will hit $15.8 billion in 2020, increasing to $35.6 billion in 2024 (http://nnw.fm/Jd69C). That significant increase comes primarily from improvements in 3D printer technology and expansion of available materials. Sigma Labs Inc. (NASDAQ: SGLB) is leading the charge for 3D printing improvements through its proprietary PrintRite3D® software.
One industry in particular that is closely evaluating the potential for 3D metal printing is auto making, according to a recent Industry Week article (http://nnw.fm/t1FL2). “One of the most urgent transportation demands is the need for more electric vehicles to lower emissions and move people quickly and efficiently,” the article states. “Volkswagen who is among the leaders with the ID.3 – the automaker’s first mass-market electric vehicle – will eventually utilize 3D printed components. More broadly, many major automakers, including BMW [and] Jaguar Land Rover, are also piloting or deploying 3D printing technology to trim vehicle weights, speed parts production and reduce costs.”
The article points to significant improvements in 3D printing technology as a key reason for this market expansion into the world of cars, including higher parts quality and manufacturing-grade accuracy and repeatability. “In addition, 3D printing solution providers are using machine learning (ML) for heightened process control,” the article reported. “All of this has resulted in significantly better Overall Equipment Effectiveness (OEE) and larger addressable markets.”
For the auto industry to embrace 3D printing in the manufacturing of vehicles, the 3D metal-printing industry must be able to increase production speed and quality yields as well as decrease the excessive cost of quality control. To do that, parts need to be inspected and certified during the manufacturing process rather than after, which is currently the process. In addition to recognizing real-time, quality-control problems during the manufacturing process, viable technology must allow machine operators to stop the printing process and implement repairs.
That is exactly what SGLB’s PrintRite3D software does, enabling both real-time, in-process detection of quality-control manufacturing irregularities and then providing the operator with actionable information needed to adjust and mitigate the developing anomaly. Sigma Labs’ software represents a paradigm shift in the quality-control process for the manufacture of 3D- printed-metal components.
The software could be a game changer for the world of auto making, where one vehicle – a self-driving bus named Olli – is entirely 3D printed and is capable of transporting about eight people and reaching peak speeds of 25 mph while going up to 100 miles on a single charge, according to the Industry Week article. “Olli is no speed demon, to be sure, but it has successfully demonstrated the ability of 3D printers to produce strong, lightweight components for road-worthy use cases.
“So much is occurring in the auto industry that it’s not difficult to predict automakers will continue to unlock opportunities for using metal and plastic 3D printing systems next year,” the article concluded. “In fact, a recent ARC report projects the automotive 3D printing market will experience a compound annual growth rate (CAGR) of 24.6% through 2026, when it will be worth $3.9 billion.”
Sigma Labs’ flagship PrintRite3D software is a recognized game changer in the disruptive technologies poised to transform the nascent 3D-printing industry, enabling more rapid commercial applications and growth at scale. Though with a current valuation of only about $15 million, Sigma Labs Inc. is a convincing platform from which to launch into the rapidly growing 3D-printing market.
For more information, visit the company’s website at www.SigmaLabsInc.com
NOTE TO INVESTORS: The latest news and updates relating to SGLB are available in the company’s newsroom at http://nnw.fm/SGLB
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
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Monday, January 27, 2020

Confluence of Entertainment, Business Makes Las Vegas Ideal Setting for USA CBD Expo

  • USA CBD Expo will promote cannabis and hemp industry education when it opens, February 13 at the Las Vegas Convention Center
  • The trade show will feature more than 500 brands and provide a variety of experiences, including culinary outings with Chef Matthew Stockard
Las Vegas may boast a reputation as the entertainment capital of the world, with ambitions to also become the pro sports capital of the world (http://nnw.fm/mm6kT), but, increasingly, it’s also becoming a hub for large-scale business activity from its oasis in the Southwest’s desert. Casino giants Las Vegas Sands, MGM Resorts and Wynn Resorts serve as poster-perfect paragons of the glitzy metropolis’ prowess, having recently secured a spot on Fortune magazine’s list of the ‘World’s Most Admired Companies’ (http://nnw.fm/5GEta).
Las Vegas is also making a name for itself as a hub for cannabis and hemp industry activity as a growing number of companies expand their operations from the world’s largest marketplace in California to canna-friendly Southern Nevada. The city’s Las Vegas Lights soccer team even became the first pro sports franchise to sign a marijuana business partnership (http://nnw.fm/7wcFq), and bedding manufacturer Therapedic has announced plans to roll out a “calming” cannabidiol (CBD)-infused mattress line in Las Vegas later this month (http://nnw.fm/Ik4Fs).
With a confluence of entertainment and business activity, the neon city also becomes a logical place to host the latest cannabis industry trade show event by powerhouse USA CBD Expo. USA CBD Expo has created its industry insider events for CBD enthusiasts across the country and in South American gateway city Medellin, Colombia. The Las Vegas trade show will glitter during three days of exhibition and state-of-the-business presentations at the city’s convention center, February 13-15, making it a potential Valentine’s Day getaway for some professionals as well.
Online ticketing (http://nnw.fm/0Aknr) includes a variety of experiences, including varied culinary outings with Chef Matthew Stockard.
The explosive interest in CBD legalization has created a huge number of wellness product businesses, as well as ancillary entities, such as Lightning Labels’ Food and Drug Administration (FDA)-compliant custom CBD product labels, which will be one of more than 500 brands that will have a presence at the USA CBD Expo (http://nnw.fm/G2qh0).
Speakers filling the slate at the three-day event will tackle industry concerns related to advertising, agriculture, branding, law and regulation, including recent legislative efforts to end some of the confusion surrounding state and federal legal disparities by allowing newly legal hemp products to be marketed as dietary supplements instead of highly regulated drugs (http://nnw.fm/oauN1).
Media personnel and social media influencers will be in attendance to help provide exposure to the conference and the businesses promoting their brands.
“I think right now, the biggest misconception (about CBD) is that… people think it’s pot, marijuana,” USA CBD Expo founding partner Jason Monti said during an interview at the trade show’s first Miami event last year (http://nnw.fm/3mASR). “Sometimes it’s being purported that it’s a cure-all for just about anything and everything. So I do think that there needs to be a little bit better science, I think that (there) needs to be a little bit more education. And that’s why we do a show like this.”
For more information, visit the event’s website at www.USACBDExpo.com
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
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SRAX Inc. (NASDAQ: SRAX) Rewards Social Media Users for Data as Other Platforms Lose Millions of Users in Privacy Backlash

  • Recent data-privacy concerns cause social media backlash, result in millions of lost users
  • SRAX enables users to earn compensation for sharing data, creates reliable data sets marketers can access
  • Company recently partnered with Indian firm, facilitating entry into growing digital-ad market valued at $3.6 billion
The refusal of Facebook to revise its tracking practices (http://nnw.fm/2XNbk), along with increased concerns about data privacy, are among many reasons why the behemoth platform has decreased in popularity, losing 15 million users since 2017 (http://nnw.fm/GtQA0). SRAX Inc. (NASDAQ: SRAX) is a digital marketing and consumer data management technology company that is countering this trend through BIGtoken, its consumer managed data marketplace that enables users to own and earn from their data. The proprietary platform is giving the industry much needed user transparency and compensation, in addition to creating reliable data sets that can be sold to marketers.
Awareness among users about data privacy continues to increase as evidenced by the recent controversy caused when Facebook released a statement about refusing to change its mode of operations by use of a loophole in the California Consumer Privacy Act. Stating that its service doesn’t directly sell user data, Facebook claims it is exempt from the legislation because of its perceived function as a facilitator in the exchange of data. While Facebook’s refusal is still pending review by the Attorney General, major impacts will be experienced throughout the industry if the high court rules against the company.
SRAX addresses all these concerns and stays ahead of the curve on industry trends by giving customers the power to choose, provide and earn from their data through the company’s patented BIGtoken platform. This proprietary technology offers tools that allow users to select, approve and monetize their data while at the same time creating anonymous and reliable data sets that marketers can access for a fee. Since social media users are becoming increasingly aware of how most companies are collecting and making money from their data, SRAX offers an alternative symbiotic relationship that benefits both users and marketers.
Mounting concerns of privacy issues paralleled with increasing awareness of the BIGtoken platform has resulted in increased use of the service, currently at over 16 million users. This market shift is expected to continue while new privacy laws emerge affecting how digital marketers can reach consumers. Since BIGtoken already operates in compliance with those laws, the platform is expected to withstand changing regulations as its user base continues to grow.
Due to the transparent nature of the platform, SRAX provides relevant and accurate data that users select and share with permission. This provides SRAX with increasingly reliable data sets across many industry verticals, accurately identifying target consumers for brands and companies in the CPG, investor relations, luxury, and lifestyle spaces, keeping those brands ahead in the competitive curve with high-quality data.
SRAX is growing internationally by launching BIGtoken into several international markets through the creation of local joint ventures. The Company’s recent partnership with Mumbai-based Yash Birla Group, with diversified interests in both consumer and industrial products, will give SRAX access to India’s estimated digital population of 627 million. One of the largest growing digital ad markets in the world, India has an estimated value of $3.6 billion, with expectations to grow at a compound annual growth rate of 32%.
SRAX Mexico, with a team of 90 employees and 70 engineers, is also at the forefront of the Company’s expansion, along with plans for BIGtoken Europe to offer the platform in multiple languages in the future.
For more information, visit the company’s website at www.SRAX.com
NOTE TO INVESTORS: The latest news and updates relating to SRAX are available in the company’s newsroom at http://nnw.fm/SRAX
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
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Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Reaches Significant Milestones, Already Has Top-10 Product Two Months after New Market Entry

  • PLUS presents at Cannabis Industry Virtual Investor Conference
  • Plus Products cracks top-10 edibles product list within two months of expanding into Nevada market
  • Company continues expansion by launching into the fast-growing national hemp CBD space
After bringing successful edible cannabis products to market, Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) has steadily increased revenues in the last few years. The company offers the best-selling cannabis product, PLUS UPLIFT Sour Watermelon Gummies, in California, the country’s most competitive state for cannabis companies.
On January 9, the Cannabis Industry Virtual lnvestor Conference was held for an audience of investors, analysts and advisors. The webinar featured presentations from a number of leading players in the cannabis industry, including PLUS. PLUS officials were allotted 30 minutes to present so that investors could receive insight into the dynamic cannabis industry from one of the market’s strongest companies (http://nnw.fm/2cQ6u).
In addition, Blake Brennan, PLUS’s head of investor relations, was recently featured on a NetworkNewsAudio interview. In the interview (http://nnw.fm/4T3tN), Brennan noted that PLUS has the “no. 1 gummies brand here in California with the best-selling cannabis product across all categories.” This ranking is according to BDS Analytics, a third-party company that tracks cannabis products and provides accurate insights to consumers.
In the interview, Brennan explained key milestones that the company set out to achieve. “We wanted to build a brand and a product in the largest and most competitive market, make it a winner there, which we’ve done with the best-selling product and the best-selling gummies brand, and then bring it to new markets,” he said. With recent expansion into new markets, Plus Products has taken large leaps forward in this plan.
PLUS launched into the national hemp CBD space, which is forecast to be a market upward of $20 billion dollars by 2022. The full product line is available at PlusProducts.com.
PLUS also began selling its products in Nevada; those products are now available in more than half of the state’s dispensaries. According to Headset, another third-party company that provides real-time insights on cannabis products, PLUS had a top-10 edibles product in Nevada within a month and a half of being on the shelves. Currently the PLUS CBD product line is available in 43 states.
Headquartered in San Mateo, California, PLUS is a hemp and cannabis food company focused on using nature to bring balance to consumers’ lives. PLUS’s mission is to make cannabis safe and approachable, which begins with high-quality products that deliver consistent consumer experiences.
For more information, visit the company’s website at www.PlusProducts.com
NOTE TO INVESTORS: The latest news and updates relating to PLPRF are available in the company’s newsroom at http://nnw.fm/PLPRF
About NetworkNewsWire
NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
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