New Premium Alert SinglePoint (SING) Poised For Massive Surge
Capitalizing On $1.21 Trln Global Renewable Energy Market Kevin Vander here with "10XProTrader" delivering you an important update on your new premium breakout alert SinglePoint Inc. (SING). SING is trading premarket right now. This is a very bullish signal! SING is starting to get a lot of attention by Wall Street, today is a critical day for you to pay close attention. Not only are their technicals bullish, but there are also several significant catalysts in play right now that could be key factors for a potential breakout. Cleantech Podcast - CEO of SinglePoint Inc. Shares 2024 Growth Strategy for Solar and Indoor Air Quality Markets - The Sky is the Limit Vancouver, Kelowna and Delta, British Columbia--(Newsfile Corp. - January 17, 2024) - Cleantech Podcast, a global news source and leading investor resource covering cleantech stocks issues a new edition of its Cleantech Podcast, featuring an exclusive interview with Wil Ralston, CEO of SinglePoint Inc. (CBOE: SING). Wil Ralston, CEO of SinglePoint Inc. (CBOE: SING) discusses the recent corporate milestone of listing on the CBOE and his growth strategy for 2024 for their two primary industry targets, solar and indoor air quality. Ralston told Investor Ideas, "SinglePoint Inc. has been focused for the last two years in the solar and renewable energy markets, as well as indoor air quality. We've had massive governmental tailwinds for these industries that really set the stage for the next decade. The Inflationary Reduction Act (IRA) puts a tremendous amount of tax credits towards clean energy and renewable projects. In addition, we benefit from the federally funded $121 Billion that drives indoor air quality solutions for K through 12 schools across the country. So these are our main two focuses right now." "On the solar side, we're really looking at the acquisition and roll up strategy to become the first truly national installation, engineering, procurement business across the United States." Talking about the recent uplisting and resulting potential for the company moving forward, he said, "We are the first US listed company on CBOE and it's an extremely exciting time. It's a brand-new exchange, but they've operated for many years in the options and ETF markets. They decided in June this year that they were going to open an equity side to compete with NASDAQ and NYSE. Being the first listed company on CBOE is a great milestone." "If you zoom out, it wasn't that long ago that we were a sub $1 Mln revenue company, less than two annual reporting periods ago. We were a small revenue generating business. Now within that time, we've gone from nominal revenue of sub $1 Mln to $17 Mln, to $24 Mln. And we expect to grow on top of that again this year." "They are a tier- one exchange and trade over $1.8 Trln a day through their exchange. and it gives us the credibility, notoriety and the name of being listed. And that's an extremely important factor." Talking about his growth strategy for solar he states, "The strategy that we've been defining is really focused on acquisitions and roll up of the number one, number two and number three companies in a region. Solar is highly region dependent and even very fragmented within those regions. So you have to have a great understanding of the market. We are seeking businesses that operate with a history of growing revenue, a history of profitability and great bench strength within the business. So our strategy is to find and identify these companies, make the acquisition, allow them to maintain their brand, their company, their people and everything that they're doing to be successful. We will be able to provide the back end infrastructure. And as we grow, we'll get more purchasing power." Discussing the air quality market oppor∙tunity, Ralston shows his excitement and passion for its potential, "I consider our air quality business subsidiary, Box Pure Air, as our X factor. There are multiple states, New York being one, which purchased $70 Mln worth of equipment from one vendor. We have the oppor∙tunity to be one of those contracts." "We have the most up-to-date, best engineered unit on the market that already meets all the standards; UL listed, EPA certified Department of Education certified and compliant. The reason for that is the engineer behind it actually develops and engineers clean rooms for semiconductor manufacturing facilities. So there is a unique and understanding of how to clean air in rooms." "We're really excited about both industries; decade long oppor∙tunities that we're executing on right here and now." For anyone that may have missed yesterdays news on SING, I've included a copy of our alert below. SinglePoint subsidiary Boston Solar Welcomes New President
Michael Morlino; Provides Insight to 2024 - Boston Solar Appoints New President Michael Morlino - Boston Solar Selected as First US Based EPC to Carry Energizer Solar Products - Boston Solar Awarded 100+ Home Federal Agency Solar Assessment and Engineering Project BOSTON, Jan. 16, 2024 /PRNewswire/ -- SinglePoint Inc (CBOE: SING) ("SinglePoint" or "the Company") subsidiary Boston Solar a leading solar energy solutions provider in New England, is thrilled to announce the appointment of Michael Morlino as its new President. Morlino brings a wealth of experience and a proven track record of leadership and operational excellence to the company. Mr. Morlino is a distinguished veteran who served 22 years in the United States Navy as a SEAL, including 15 years at the Naval Special Warfare Development Group. His military career is marked by an exemplary service record, showcasing his unparalleled leadership, strategic acumen, and a strong commitment to excellence. Morlino's exceptional skills in leading high-stakes operations and fostering teamwork in challenging environments are set to be invaluable assets to Boston Solar. Morlino is academically accomplished, holding a BS in Business Administration from the University of Maryland Global Campus and an MBA from the Massachusetts Institute of Technology's Sloan School of Management. His educational background complements his extensive professional experience, equipping him with the knowledge and skills necessary to lead in the fast-paced and evolving solar industry. Prior to joining Boston Solar, Morlino contributed significantly to Windjammer Capital Investors, managing operational improvement projects at Fecon, a Cincinnati-based heavy equipment manufacturer. His role in driving operational efficiencies and leading teams through complex projects has prepared him well for his new position at Boston Solar. Upon his appointment, Morlino stated, "I am incredibly honored to be joining such a highly reputable company with deep experience in the Solar Industry and the New England market. I am eager to build on the company's impressive foundation and work collaboratively with the talented professionals here to drive growth, achieve operational excellence, and exceed our clients' expectations. Boston Solar has recently announced two significant developments adding substantial support for 2024. Most recently Boston Solar announced the award of 100+ residential solar assessment and engineering project for a Federal Agency in Massachusetts, more details are expected to follow soon as the project progresses. Boston Solar has also been selected as the first US based EPC to provide and install Energizer Solar products starting with in home energy storage battery solutions. With Morlino at the helm, Boston Solar is poised for a new chapter of growth and innovation. His leadership is expected to steer the company towards greater heights in the solar industry, reinforcing its commitment to providing top-tier solar energy solutions to its clients. "These are extremely positive developments which set the stage for 2024. It has all been made possible by the exception performance and professionalism the team and Boston Solar has built. Mr. Guimaraes has built a growing, thriving business which over the past two years since acquisition has grown from $17-million to $24-million and a trailing 12 months of over $30-million. All of which has been done in a tough market environment. These successes have set the stage for a stellar 2024 in which Mr. Morlino will continue to guide Boston Solar toward accelerated growth and operational profitability," comments Wil Ralston CEO SinglePoint. Ralston continued, "We are excited to welcome Michael Morlino to the Boston Solar family. His remarkable leadership skills and operational knowledge will be instrumental in guiding our company into a bright and innovative future. We also take this opportunity to express our heartfelt gratitude to Mr. Guimaraes for the 13-year tenure building Boston Solar into the leading Massachusetts Solar EPC. His contributions and guidance, which have been pivotal in growth of Boston Solar, and we wish him the best in his next endeavors," commented Wil Ralston CEO SinglePoint. Boston Solar is a subsidiary of SinglePoint Inc. (CBOE: SING) Since its founding in 2011, Boston Solar has installed more than 5,000 residential and commercial solar arrays, powering thousands of homes and businesses in New England, primarily in Massachusetts. The mission of Boston Solar is to provide superior clean energy products, exceptional customer service, and the highest-quality artistry in residential and commercial installations. Boston Solar has accumulated several distinctions of recognition of the company's outstanding triumphs: Honored with the 2020 Guildmaster Award from GuildQuality, the award acknowledged how Boston Solar demonstrated exceptional customer service within the residential construction industry. Named a Top Solar Contractor by Solar Power Worldmagazine for five consecutive years. Applauded by the Boston Business Journal's "Largest Clean Energy Companies in Massachusetts" list.
Boston Solar is a Solar Energy Business Association of New England (SEBANE) member. The company is headquartered at 55 Sixth Road, Woburn, MA 01801. Learn more at: www.bostonsolar.us About SinglePoint Inc. (CBOE:SING) SinglePoint is a sustainable solutions Company focused on the solar energy and storage and indoor air purification markets. The Company plans to build one of the largest renewable energy solutions networks and modernize the traditional solar energy and energy storage business model. SinglePoint continues to execute its acquisition strategy by exploring future growth opportunities in indoor air purification and ventilation, electric vehicle charging, solar as a subscription service, and additional energy efficiencies and appliances that enhance sustainability and healthier life. For more information, visit the Company's website: www.singlepoint.com The Company has several bullish catalysts in the pipeline and is on the verge of disrupting a $1.21 Trln global renewable energy space and has been making major strides with blockbuster acquisitions! SING Insider Trading Activity - Follow The Smart Money Research shows that insider trading activity is a valuable tool for successful trading. Follow the Smart Money when you can. Legendary fund manager Peter Lynch, is quoted as saying that "there is no better tip-off to the probable success of a stock." When the Insiders BUY their own stock, it can sometimes be a signal something big could be potentially about to happen. And at SinglePoint Inc. (SING) there was recent insider buying from the CEO Wil Ralston. Source Here Heavy Insider BUYING from CEO in December! 12/19/2023 CEO Wil Ralston purchased 100,00 Shares of SING at $2.83 per share. Insider-trading data is nothing new. Investors have been making inves∙tment deci∙sions based on the actions of insiders for decades. SinglePoint Inc. (SING) enters the New Year fundamentally and operationally strong to accelerate its well-developed acquisition strategy in the renewable energy sector, specifically emphasizing its intent to roll up sector companies, including national premier solar installation businesses specializing in Engineering, Procurement and Construction (Solar EPC's) that provide accretive deliverables. CATALYST – SING Acquisition Could Prove To Be a
Major Catalyst That Sends Shares Soaring SinglePoint (SING) completed its first acquisition in April of 2022, acquiring regional solar industry powerhouse Boston Solar, a company well regarded as a proud and contributing partner of the Boston Red Sox. That deal, in part, has fueled a roughly 41% revenue increase from approximately $17 Mln to $24 Mln at the end of FY/2022. The Company expects growth to continue in FY/2023, evidenced by trailing twelve-month revenues already eclipsing the $30 Mln mark. Transforming Milestones Into Bullish Catalysts Successfully Uplisted to the Cboe BZX Exchange & Year to Date Revenue Crossing $30 Mln SING successfully uplisted to the Cboe BZX Exchange on Dec. 15, 2023. The Company's recent uplisting could prove to be a major catalyst and allow for a bigger pool of liquidity to flow into the stock. This strategic move not only marks a significant milestone for SING, this could be a huge upside driver for SING enabling the Company to fully execute its national acquisition strategy. | | Wil Ralston, CEO of SinglePoint, said, "We are extremely proud of our team that showed resiliency and abilities to navigate the significant solar industry headwinds of 2023. Now that we are listed to a more senior exchange, we are better positioned than ever to execute our 2024 strategy to add value to our asset portfolio by capitalizing on aggressive acquisition-based valuations in excellent companies that can provide immediate value and create new revenue streams.
Because of the uplist to the CBOE market, we believe we can accelerate that plan, noting that national and even global companies are more likely to partner with listed companies." He added, "We have successfully removed our number one barrier to making what could be transformative-sized deals, which we are poised to execute with extreme efficiency and pace, an intent supported by SinglePoint being the first U.S.-listed company on the CBOE BZX market. We believe it is no coincidence that less than three weeks after that inaugural listing, Boston Solar struck a partnership deal with one of the world's largest and most well-known battery and energy solutions companies, Energizer Solar. That deal alone can expand Boston Solar's business footprint to a national scale."
Boston Solar Named First US Partner for Energizer Solar, Pioneering Renewable Energy Solutions in the American Market
BOSTON, MA / ACCESSWIRE / January 2, 2024 / In a groundbreaking move that marks a significant milestone in the renewable energy sector, Boston Solar, a subsidiary of SinglePoint Inc. (CBOE:SING), a leader in solar energy solutions, has joined forces with Energizer Solar to launch Energizer Solar renewable energy solutions starting with the Energizer Solar home battery solution. | | Energizer Solar is a global powerhouse in energy products. Already highly successful in Australia, Germany and the UK, this partnership will now bring Energizer Solar's renewable-based solutions to the North American market. This strategic partnership will set high standards for sustainable energy solutions in American homes, powered by an iconic American company.
"This new partnership continues to build upon Boston Solar's credence in providing the best customer service, the best products, and the best experience available in the industry. Our team sets ourselves apart from the competition as proud partners of the Boston Red Sox and now by bringing Energizer Solar's suite of renewable products to the US in partnership with 8 Star Energy. Energizer is a household name when it comes to batteries with global brand recognition and a welcome addition to the renewable energy market. We look forward to becoming an invaluable partner in the successful rollout in the US starting in Massachusetts and growing into additional markets," adds Wil Ralston, CEO of SinglePoint Inc.
A New Era in Renewable Energy Boston Solar is proud to be the first renewable energy company in the United States to offer Energizer Solar products. This collaboration represents a fusion of Boston Solar's expertise in solar energy solutions with Energizer Solar's innovative technology in energy storage. The initial focus on residential battery storage systems is a response to the growing demand for efficient and reliable home energy solutions, reflecting the commitment of both companies to empower consumers towards a more sustainable future.
Training and Onboarding: Preparing for Excellence
To ensure the highest standards of service and expertise, the two companies are diligently working to commence the initial training and onboarding of Boston Solar's sales and installation teams. This rigorous training program is designed to equip the teams with in-depth knowledge and skills required to effectively sell, deliver, and install the Energizer Solar suite of products.
A Sustainable Future Powered by Innovation The partnership between Boston Solar and Energizer Solar is more than a business alliance; it's a vision for a sustainable future. As pioneers in their respective fields, both companies share a commitment to innovation, quality, and environmental stewardship. Together, they are set to transform the renewable energy landscape, offering consumers solutions that are not only eco-friendly but also reliable and efficient.
Energizer Solar is designed to empower families and individuals to tap into solar energy, advocating for sustainable living and environmental stewardship. In an era where the global focus is shifting towards a clean and electric future, Energizer Solar introduces a variety of pioneering solar solutions. These products embody the essence of the esteemed Energizer brand, known for its dependable performance, enduring quality, and efficient energy use.
Having made a successful debut in the Australian and European markets, Energizer Solar provides a comprehensive range of solar products. This collection will enable Boston Solar to provide energy storage systems to their new and existing customer base. The offerings include energy storage systems ranging from 3.8 kw to 45.6 kw and 8 kwh to 112 kwh. This broad product portfolio will allow Boston Solar to meet all of their customer's needs in today's market.
About Boston Solar
Boston Solar is a subsidiary of SinglePoint Inc. (CBOE:SING) Since its founding in 2011, Boston Solar has installed more than 5,000 residential and commercial solar arrays, powering thousands of homes and businesses in New England, primarily in Massachusetts. Boston Solar's mission is to provide superior clean energy products, exceptional customer service, and the highest-quality artistry in residential and commercial installations.
Boston Solar has accumulated several distinctions of recognition of the company's outstanding triumphs: Honored with the 2020 Guildmaster Award from GuildQuality, the award acknowledged how Boston Solar demonstrated exceptional customer service within the residential construction industry. Named a Top Solar Contractor by Solar Power World magazine for five consecutive years. Applauded by the Boston Business Journal's "Largest Clean Energy Companies in Massachusetts" list.
About Energizer Solar
Energizer Solar, a licensed product range of residential and portable solar products from 8 Star Energy, focuses on providing sustainable energy solutions, enabling individuals to embrace clean energy alternatives. As a licensed partner to Energizer Holdings, one of the world's largest manufacturers and distributors of primary batteries, portable lights, and auto care products, 8 Star Energy is providing better access to clean energy solutions that improve people's lives and the planet. With headquarters in Australia, the United States, and Europe, 8 Star Energy is making a global impact to propel the Energizer brand into the renewable energy market.
About Energizer
Energizer Holdings, Inc., headquartered in St. Louis, Missouri, USA, is one of the world's largest manufacturers of primary batteries and portable lighting products and is anchored by its globally recognized brands Energizer®, EVEREADY®, Rayovac®, and VARTA®.
Boston Solar Secures Solar Assessment and Engineering
Agreement from Federal Agency Woburn, Massachusetts—(Newsfile Corp. - January 9, 2024) - SinglePoint Inc (CBOE: SING) ("SinglePoint" or "the Company") subsidiary Boston Solar, a proud partner of the Boston Red Sox and a leading provider of solar energy solutions, announces a groundbreaking agreement with a federal government entity to complete more than 100 sight assessments and start initial engineering and design in anticipation of installing rooftop solar systems for those homes.
"This partnership is a win-win. It's a testament to our dedication to fostering a greener and more sustainable future for the Bay State and to our continued goal of growing our commercial solar division efficiently and profitably," said Michael Ricci, Director of Commercial Solar at Boston Solar. "We aim to make solar energy accessible to more households, enabling them to contribute to a cleaner environment while enjoying the benefits of renewable energy." | | The initiative is expected to have a substantial impact on the local community, not only by lowering individual carbon footprints but also by reducing energy costs for participating households. Residents will have the oppor∙tunity to harness the power of solar energy, which contributes to the overall resilience and sustainability of the community.
As the world shifts towards renewable energy solutions, Boston Solar remains at the forefront of innovation, delivering sustainable and cost-effective solar solutions for residential and commercial clients alike. This partnership exemplifies the company's dedication to creating positive environmental impacts while supporting the transition to a clean energy future. Additional announcements and updates will be provided as the project continues towards completion.
SinglePoint Inc Acquires Established Renewable Energy &
Air Purification Market Leaders Primed For High Growth
SinglePoint Inc has acquired established, yet nimble and focused companies that are dedicated to providing disruptive solutions within growing industries. The company's portfolio of subsidiaries has often been focused on renewable energy, but core to that was a mission to improve our lived environments. SinglePoint has recently added subsidiaries that solve growing health and safety challenges. The company's acquisition strategy is to seek out companies and products primed for alignment and integration.
Boston Solar is the #1 solar panel installer in Massachusetts, serving both residential and business customers, This SinglePoint, Inc. subsidiary helps create, store and generate power for thousands of residential and commercial customers. In the last year, the company has grown Boston Solar from $17 Mln in revenue to nearly $25 Mln, and only continues to grow and improve.
Not only did SinglePoint Inc acquire Energy Wyze to generate their own leads, but the company also sells surplus verified first-party leads to other solar companies outside of competitive markets to expand their revenue. Implementing dynamic and focused digital marketing campaigns, Energy Wyze delivers hyper-local and real-time leads that give anyone the best oppor∙tunity to win over very qualified buyers. Those increases in revenues lead to repeat customers and referrals. Energy Wyze is a proven AI-driven platform that focuses on data accuracy, reporting, nurturing and automation generates more leads for less.
SinglePoint, Inc. acquired Box Pure Air to meet a growing need in the marketplace for scientifically-proven air purifiers. Since its acquisition, Box Pure Air has grown a large customer base of schools and took the company from no revenue to $4 Mln in sales over the last two years. Units have been placed with school districts throughout the U.S. Vertically integrating sales and leveraging their network of existing schools, the company expanded product solutions by also offering the LifeShield+ line of Kevlar® woven door panels and bullet-resistant window shades that provide additional protection against bacteria, mold and fire. In a six-month period, Box Pure Air received $1 Mln in orders for LifeShield+ products.
Final Thoughts
The demand for renewable energy efficiencies & healthy living solutions is rising alongside the growth curve of the global population. These technological advancements are becoming increasingly economical due to the falling costs of hardware, such as solar panels, wind turbines, batteries for energy storage, and more. SinglePoint and its customers are also setup to reap the benefits of the U.S. government's tax incentive programs.
The future for renewable energy and healthy living solutions looks very bright, with a massive oppor∙tunity for growth for decades to come. SinglePoint Inc. may be the smartest way to grasp your share of the future Bln's generated in the green revolution.
I am urging all of my "10X" members to add SING to the top of your watch list right now, and be ready this morning at the opening bell!
10X Your Wealth, |
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