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Direct Solar Closes $1,709,460 In Contracts In Just 30 Days, Officially Launches In Two New States, Driving Profit

SinglePoint Inc. is pleased to announce Direct Solar has surpassed everyone’s expectations signing contracts to deploy $1,709,460 in solar installs over the previous 30 days.

This revenue should generate approximately $803,769 in gross and $361,541 in net. Today Direct Solar and SinglePoint are excited to announce the official addition of three new service areas and a fourth on the way. Tampa, Orlando, and St. Louis are officially active and Miami will be activated in the near future. The company has now deployed teams in these areas to drive the explosive growth of Direct Solar.

These numbers put SinglePoint on the path to profitability from a cashflow standpoint very quickly. Management from both companies are very excited to see the continued growth of Direct Solar through multiple avenues including commercial. Direct Solar is currently negotiating a line of credit for cannabis businesses and other small businesses throughout North America. This provides Direct Solar the ability to not only generate the sale but provide the financing for these business owners. Providing the financing will deliver Direct Solar another avenue to generate profit on the origination of the financing.

“This acquisition puts SinglePoint on a huge trajectory path. This is not only a homerun but a grand slam in our eyes. These revenues and profits provide SinglePoint the ability to be in a profitable cash flow position and the opportunity to aggressively expand sales. For every dollar we are putting into marketing we are seeing a return of five. Expanding in additional major markets would exponentially increase the revenues on top of the already explosive growth,” states Greg Lambrecht, CEO SinglePoint.

 

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