SinglePoint Acquires Interest in Profitable Daily Fantasy Sports Enterprise DraftFury

SEATTLE, WA — (Marketwired) — 05/25/16 — (OTC: SING) announces today that it has finalized an acquisition deal for interest in , widely recognized as the first cash flow positive DFS enterprise, using a company valuation of $8m.The deal is executed with DraftFury placing their bets on SinglePoint, accepting a final transaction to be made using a combination of SinglePoint–s common stock and cash.SinglePoint CEO Greg Lambrecht is thrilled with the purchase: "This is a great company wit