OTC: SING Single Point, Inc. Company Profile



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Founded in 2006, SING provides solutions that enable its customers to accept mobile payments, engage in targeted mobile communications campaigns and collect customer data

SING management is currently in the process of leveraging its mobile payment technology into two promising vertical markets: mobile auctions and daily fantasy sports.

The Pay-by-Text solution enables merchants to offer a simplified mobile payment option to their customer’s mobile phones enabling them to pay at any time and from anywhere.

SING can receive a monthly fee ranging from $10 to $100 depending on the merchant, and 1% of each transaction.

SING recently integrated Pay-by-Text with the payment processor RedFynn Technologies, enabling SING to provide all forms of credit card processing.

On November 12th, 2015 SING announced it had executed its Agreement to acquire Text2Bid™
for $1.25m. Text2Bid makes auctions instantly interactive by putting the power to bid in the pocket of every participant.

Auctions using Text2Bid have seen, on average, a 28% increase in amounts donated over previous years when not using the service.

Text2Bid operates over 400 auctions per year generating over $10 million dollars in donations for its users.

On November 10th, 2015 SING announced an investment strategy to identify daily fantasy sports start-ups that are ripe for acquisition.

With this investment strategy, SING will benefit by securing minority ownership in a handful of daily fantasy sports companies with promising growth prospects, and ultimately, securing the mobile payment processing business from these companies.

On February 23rd, 2016 SING announced the execution of a letter of intent to acquire an ownership stake in DraftFury, a U.S. based company that offers skill-based NBA, NFL, and MLB daily fantasy sports contests.

On March 22nd, 2016, SING announced a new acquisition in GoDraft.com, a daily fantasy sports 
enterprise, further solidifying their entrance into the estimated $26 billion annually daily fantasy sports industry.

GoDraft.com gives players opportunities to win cash daily in NFL, NBA, MLB and PGA. It also features an exciting referral program in which players can earn cash and credit.

SING ‘s success is built on the development of forward-thinking technology and by providing products and services that increase sales and improve customer 
experience.


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