e-commerce Archives

SinglePoint Completes Acquisition of Profitable Denver Colorado-Based Company

By Publisher on October 17, 2017 Internet, Picture Gallery

SEATTLE, WA — (Marketwired) — 10/17/17 — SinglePoint, Inc. (OTC: SING) ("the Company") today announces its acquisition of Denver-based group, JAG, and offers an update on several corporate initiatives. Through July 2017, JAG recorded $600,000 in revenue with approximately 26% gross margins, following full-year 2016 revenue of $700,000. JAG has achieved year-over-year growth since starting its operations in 2014, and moving forward will provide SinglePoint consistent, predictable mo

SinglePoint Receives $1.2 Million in Funding With Option to Raise a Total of $4 Million

By Publisher on October 11, 2017 Internet, Picture Gallery

SEATTLE, WA — (Marketwired) — 10/11/17 — SinglePoint, Inc. (OTC: SING) announces the completion of a $4 Million round of funding, $1.2 Million of which has already been collected including $600,000 of which came from United American HealthCare Corp (OTC: UAHC). With this new round of funding, SinglePoint is positioned to aggressively develop and complete its Bitcoin Payments solution and acquire additional companies in the cannabis space.SinglePoint–s Bitcoin Payments solution directly addr

SinglePoint Finalizes Letter of Intent to Acquire 51% of Denver-Based Company approaching $1 Million in Annual Revenue

By Publisher on September 26, 2017 Internet, Picture Gallery

SEATTLE, WA — (Marketwired) — 09/26/17 — SinglePoint, Inc. (OTC: SING), a holding company specialized in the acquisition of small to mid-sized companies with an emphasis on new technologies, today announces that it has signed a Letter of Intent ("LOI") to acquire a Denver, Colorado-based company that is approaching $1 million in annual revenue. According to the LOI, SinglePoint will acquire 51 percent of the acquisition target in a stock and cash transaction expected to increase sh

SinglePoint Completes Acquisition of Dr. FeelGood, a Profitable Cannabis Distribution Company

By Publisher on September 6, 2017 Internet, Picture Gallery

SEATTLE, WA — (Marketwired) — 09/06/17 — SinglePoint, Inc. (OTC: SING) announces the acquisition of Dr. FeelGood, a profitable cannabis distribution company headquartered in Phoenix, Arizona. Dr. FeelGood is a leading distribution company with expansion plans to add proprietary delivery and ordering technology application. Per the agreement terms, SinglePoint will acquire fifty-one percent (51%) of the company in a combination of cash and stock, which will allow SinglePoint to recognize all

SinglePoint Continues Accelerated Growth in Cannabis Sector with Letter of Intent to Acquire Dr. FeelGood

By Publisher on August 22, 2017 Internet, Picture Gallery

SEATTLE, WA — (Marketwired) — 08/22/17 — SinglePoint, Inc. (OTC PINK: SING) today announces it has signed a Letter of Intent (LOI) to acquire Dr. FeelGood, an already profitable Phoenix-based medical marijuana distribution company with plans to develop a proprietary delivery and ordering technology. Per the LOI, SinglePoint will acquire 51% of the company in a combination of cash and stock. The acquisition will add an additional revenue stream to SinglePoint, solidifying the company–s acqui

NSAV to Spin-Off Cannabis Information Technology Division to Shareholders

By Publisher on August 17, 2017 Internet

CRESCO, PA — (Marketwired) — 08/17/17 — NSAV Holding, Inc. (OTC: NSAV), today announced that the Company will spin-off its cannabis information technology division as a stand-alone public company. In conjunction with the spin-off, NSAV shareholders will be awarded shares in the proposed public entity based upon their holdings in NSAV. The new public company plans to offer a wide range of services to the legal cannabis industry, which include banking and payment processing solutions, complian

SinglePoint Inc. Announces Purchase of $Weed as Money from Joint Venture Partner First Bitcoin Capital

By Publisher on August 8, 2017 Internet, Picture Gallery

SEATTLE, WA — (Marketwired) — 08/08/17 — SinglePoint Inc. (OTC: SING) announces its purchase of $Weed which is one of the newest fiat currencies floated in the booming Cryptocurrency markets. The large block purchase is from crypto industry leader, First Bitcoin Capital (OTC: BITCF). After many months of collaboration, the two companies have decided this initiative is the starting point for a much larger play in the cryptocurrency markets. Weed "Coin" is a crypto currency geared to

SinglePoint Developing a Proprietary Bitcoin Exchange to Solve Payment Processing Issues in High Risk Markets

By Publisher on August 7, 2017 Internet, Picture Gallery

SEATTLE, WA — (Marketwired) — 08/07/17 — SinglePoint Inc. (OTC: SING), is providing a first-hand look at the company–s new Bitcoin exchange aimed toward solving the payments issues plaguing today–s cannabis industry. Currently, there is no standard for payment processing the cannabis market. It is an underserved market with vast opportunity for technology to solve the payments issue.SinglePoint has started building an in-house solution enabling consumers to obtain Bitcoin at any point of s

RiskIQ Researchers Track E-commerce Threat Magecart Part II, Discover Network of Threat Actors Physically Reshipping Items Purchased…

By Publisher on July 12, 2017 Computer & Software, Picture Gallery, Software

RiskIQ Researchers Track E-commerce Threat Magecart Part II, Discover Network of Threat Actors Physically Reshipping Items Purchased with Stolen Cards via U.S. Mules

SinglePoint Expects Significant Revenues Increase as Cannabis Subsidiary Receives Initial Payment for New Major Purchase Order

By Publisher on June 27, 2017 Internet, Picture Gallery

SEATTLE, WA — (Marketwired) — 06/27/17 — SinglePoint (OTC: SING) announces that its recently acquired DIGS Hydro subsidiary has received a major purchase order from Premier Biomedical (OTCQB: BIEI). DIGS Hydro has received the initial payment with final payment due on delivery. Based on recent discussions between the parties, Premier Biomedical plans to continue to order its supplies from DIGS Hydro, a provider of a variety of supplies and services specifically to the cannabis industry.&quot