Investor Ideas talks to Wil Ralston of SinglePoint (OTC: $SING) about Acquisitions, Payments in the #Cannabis Sector and Uplisting
Point Roberts, WA - October 19, 2017 (Investorideas.com Newswire) Investorideas.com, a global news source covering leading sectors including cannabis and bitcoin, releases an exclusive podcast interview with Wil Ralston of SinglePoint, Inc. (OTC: SING) following news of the completion of its acquisition of Denver-based group, JAG.
Hear the full podcast here:
Investorideas.com talks to Wil Ralston of SinglePoint ($SING) about Acquisition Strategy
According to President Wil Ralston, “We are really excited about this acquisition because it really gives SinglePoint a solid base of revenue that this company has achieved over the last 3 years with consistent year- over- year growth.”
He also said they are progressing on their plans to uplist on the OTCQB, “We are close to getting our audited financials done; upon which we will file. This will be a big achievement for the company to uplist, have this solid set of revenue and financials and grow our operations along with the other acquisitions and internal developments.”
In commenting on their recent financing of $1.2 Million with the option to raise additional capital Wil said, “It really gives SinglePoint the capital it needs to go out and make these acquisitions and fund our projects. It also gives us the opportunity to bring in the right people and the right developers to help finish the programs we have been working on. It's a very exciting time.”
Discussing recent completed deals he notes, “The biggest thing with these acquisitions is that we are looking for companies to acquire that are both solid in terms of growth and have the opportunity for high growth. They have operators in them that aren’t necessarily looking to sell their business and walk away. These are people that want to grow their business and have the opportunity to really participate in their company becoming much more valuable.“
“We are looking for people that are excited about becoming part of the SinglePoint family, continue to run and grow their company and utilize the connections and technology we have developed to enhance their business.”
Really summing up their vision he said, “In a long term play, we would really like to see the companies not only utilizing some of the assets we have put together, like the SinglePoint payment options and marketing options, but possibly working hand- in- hand so that all the acquisitions and SinglePoint are helping each other grow.”
About SinglePoint, Inc.
SinglePoint, Inc. (SING) has grown from a full-service mobile technology provider to a publicly traded holding company. Through diversification into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued subsidiaries, thereby providing a rich, diversified holding base. Through its subsidiary company SingleSeed the company is providing products and services to the cannabis industry. For more information, visit www.SinglePoint.com or www.SingleSeed.com
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