SinglePoint Inc., a retail non-store retailer incorporated in Nevada, has filed a Form 1-A with the U.S. Securities and Exchange Commission (SEC) for a Regulation A offering. The company, which was established in 2007 and employs 63 full-time workers, is headquartered in Phoenix, Arizona. SinglePoint reported having $253,816 in cash and cash equivalents, with total assets amounting to $15,144,205. However, the company also disclosed a net loss of $9,882,556 and a negative total stockholders' equity of $3,488,491. The financial statements, audited by Turner, Stone & Company, L.L.P., revealed a total revenue of $5,447,937 and costs and expenses of $4,051,883. SinglePoint plans to offer 750 million securities at $0.08 per share, aiming to raise $60 million. The offering will be conducted across various U.S. states and Canadian provinces. Legal services for the offering are provided by McGuireWoods LLP and DeMint Law, PLLC, with legal fees estimated at $225,000. The company has confirmed its eligibility under the SEC's regulations and has not been subject to any disqualifying orders within the past five years.

SinglePoint Inc., a retail non-store retailer incorporated in Nevada, has filed a Form 1-A with the U.S. Securities and Exchange Commission (SEC) for a Regulation A offering. The company, which was established in 2007 and employs 63 full-time workers, is headquartered in Phoenix, Arizona. SinglePoint reported having $253,816 in cash and cash equivalents, with total assets amounting to $15,144,205. However, the company also disclosed a net loss of $9,882,556 and a negative total stockholders' equity of $3,488,491. The financial statements, audited by Turner, Stone & Company, L.L.P., revealed a total revenue of $5,447,937 and costs and expenses of $4,051,883. SinglePoint plans to offer 750 million securities at $0.08 per share, aiming to raise $60 million. The offering will be conducted across various U.S. states and Canadian provinces. Legal services for the offering are provided by McGuireWoods LLP and DeMint Law, PLLC, with legal fees estimated at $225,000. The company has confirmed its eligibility under the SEC's regulations and has not been subject to any disqualifying orders within the past five years.