VIDEO: SinglePoint Subsidiary Direct Solar America Lands Large Commercial Solar Project MoneyTV with Donald Baillargeon

Phoenix, Arizona--(Newsfile Corp. - June 19, 2020) - SinglePoint Inc. (OTCQB: SING) Greg Lambrecht discusses the latest commercial solar deal that will cover an office complex as well as parking stalls in Illinois.

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/5646/58228_4cc45573f4056b02_001full.jpg

SinglePoint - Logo

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/5646/58228_4cc45573f4056b02_001full.jpg

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/5646/58228_4cc45573f4056b02_002full.jpg

Direct Solar of America - Logo

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/5646/58228_4cc45573f4056b02_002full.jpg

The company has executed the Energy Services Development Agreement with the Client and the co-development compensation agreement with Lux Power LLC. The client has agreed to and executed the final solar power purchase agreement and is awaiting final approval from the financing source. The project's estimated value is approximately $1.75M covering the commercial solar system components for the office complex roof and the existing parking lot structure. This specific commercial project's estimated value of $1.75M is roughly 50 times greater than the historical residential rooftop solar installation, which can average between $30K to $35K per installation.



Cannot view this video? Visit:
https://www.youtube.com/watch?v=9ExsDdx9Q2g

About SinglePoint, Inc.:

Founded in 2011 SinglePoint, Inc (SING) invests in and acquires brands and companies that will benefit from injection of growth capital and the sales and marketing expertise of SinglePoint. The company portfolio currently includes solar, hemp and technology applications. SinglePoint is working to grow the company to a multinational brand.

Connect on social media at:
https://www.facebook.com/SinglePointMobile
https://twitter.com/_SinglePoint
https://www.linkedin.com/company/singlepoint
https://www.youtube.com/user/SinglePointMobile
For more information visit: www.SinglePoint.com

Forward-Looking Statements

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the Company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

Technical complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.

Corporate Communication
SinglePoint Inc.
888-OTC-SING
investors@singlepoint.com
www.singlepoint.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/58228

info