SinglePoint Signs Agreement to Acquire Text2Bid(TM)

SEATTLE, WA SING, (Marketwired Nov 12, 2015) SinglePoint Inc. (OTC: SING) announces today that it has fully executed its Agreement to acquire Text2Bid™ for $1.25m. The deal was finalized at Text2Bid headquarters in Seattle, WA. Text2Bid is a dynamic mobile and payment solutions company partnered with Maestro Software and Text-A-Day and is the world s leading provider of mobile auction technology. The Company is already profitable and operates over 400 auctions per year generating over 10 million dollars for its users. The Company has shown cumulative growth year after year for the past five years and the acquisition by SinglePoint would enable the company to start processing the collected payments through SinglePoint s proprietary mobile payment technology. SinglePoint CEO Greg Lambrecht is currently negotiating with Investment Bankers to structure the best deal moving forward in satisfying the terms of the Agreement. The auction industry is an $18 billion industry, currently unders
http://bit.ly/1Qkx8hw

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: