Technology company, SinglePoint, Inc. (OTC: SING) has announced today that final preparations for the company’s corporate audit process, needed to become a fully reporting company in order to be up-listed to the OTCQB® Venture Market Place.
SinglePoint, Inc. is a full service mobile technology and marketing provider. The company’s audit could be completed by next week, at which point SinglePoint will file Form 10 with the U.S. Securities and Exchange Commission and become a fully reporting company.
CEO Greg Lambrecht said in a statement, "We have diligently worked alongside MaloneBailey to prepare this audit and increase SinglePoint's corporate and shareholder value… Not only will the completion of these efforts provide us better financing options and allow institutional investors to invest directly on the open market, it also correlates with our M&A strategy. Additionally, as an OTCQB-listed company we expect to see greater liquidity, as well as brand awareness among the investment community."
After the SEC’s review and acceptance, SinglePoint plans to complete its process of uplisting to the OTCQB within 60 days.