Business
SINGLEPOINT INC. PROVIDES FIRST QUARTER 2022 BUSINESS UPDATE
SINGLEPOINT INC. PROVIDES FIRST QUARTER 2022 BUSINESS UPDATE.
About this update from Singlepoint, Inc.
[{"type":"text","content":"\n\n\n\nSINGLEPOINT INC. PROVIDES FIRST QUARTER 2022 BUSINESS UPDATE\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nSINGLEPOINT INC. PROVIDES FIRST QUARTER 2022 BUSINESS UPDATE\nPR Newswire\nPHOENIX, March 23, 2022\n\n\n\n-       Solar Acquisition Strategy - EPC Boston Solar still in process, finalizing 2021 audit to achieve fully consolidated financials, prior year audits 2019, 2020 completed\n-       The company reaffirms revenue forecasts and is targeted net profitability for each at the core subsidiary for fiscal year 2022\n-       Since January, Box Pure Air has seen a continuous increase in the number of inquiries and sales as schools focus on improving IAQ - indoor air quality \n-       Recent school centric sales activity addressing IAQ has been higher than at any point as BPA has focused on market penetration in 3 of the top 5 most populous states\n PHOENIX, March 23, 2022 /PRNewswire/ -- SinglePoint, Inc. (OTCQB: SING) (\"SinglePoint'' or \"the Company'') is providing a business unit update highlighting progress made during FY2022 Q1. Business overview places emphasis on the current status of our announced acquisition, sales traction and to reiterate the timely filing of the FY2021 annual audit for the period ended December 31, 2021.\nThe Federal Government has allocated over $121B for schools to improve ventilation and indoor air quality, (IAQ).The Company's acquisition strategy continues to improve, evolve, and expand with targeted solar acquisitions that meet our criteria that are primarily led by driven, entrepreneurial, business owners who have demonstrated an ability to consistently grow revenues creating a scalable business in selective and targeted geographic areas that share our core value and belief in the lifetime value of our customers and strategic partners. We will continue to look for and identify accretive acquisitions that meet strategic criteria including minimum successful operating history, predictable revenue growth ...