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| Promoter: | ShiznitStocks | Paying Party: | UNKNOWN |
| Stocks covered: | Compensation: | Avg $ Volume for Period: |
| SING | $2000 | UNKNOWN |
| Max Profit: 16.44 % | Gain at close: 0.00 % | |
| *We think that this promoter is a part of a group of promoters. | ||
 Hello fellow investors / traders, Today's alert delivered an easy 17 - 23% gain, depending on where you bought and sold. But of course we want more, and found a great looking set up that could deliver for us.
SinglePoint, Inc (SING) is a name that has delivered for us in the past. In fact, back in February SING gained over 150% in one day for our members. It has since pulled back to the same level it was at before it rocketed to almost $0.02 in February. And it has established a long term support base right at these levels.
 According to OTCMarkets.com there has been a 79% increase in short interest, which means if SING gets going, we could see an epic short squeeze.For those not familiar with a short squeeze, let me explain. When the share price starts moving higher, short sellers are forced to cover (buy back) their short position so they don't incur losses. So new buyers come in and buy, and short sellers also buying. The result is a short squeeze which will further fuel the momentum trade. SING is a full-service mobile technology and marketing provider. They provide solutions that allow their clients to conduct business transactions, accept donations, and engage in targeted communication through mobile devices. SING's products connect small to mid-size companies to their target markets by providing innovative mobile technology at reasonable rates. SING has put in motion plans to uplist to the OCTQB, and are currently in the final stages of completing their audit - the final step before obtaining a legal opinion necessary to file the Form 10. A couple of weeks ago SING updated the market with major developments, including: Mobile Bidding Technologies Acquisition SING's offer to acquire a minimum 20% stake in Mobile Bidding Technologies (MBT) with cash and stock has been approved. MBT's primary asset is the industry leading mobile bidding solution, Text2Bid, a profitable company that currently has a valuation of $1.6 million and has doubled revenues year after year as of late. They continue to revolutionize the $18B auction industry. Text2Bid is a leader in mobile auction technology. Their mission is to make it easy for groups of all sizes to raise money with fun new technology. They are committed to helping organizations of all sizes with their fund raising efforts. Draft Fury Acquisition SING has finalized terms for the acquisition of ownership in DraftFury, a profitable Daily Fantasy Sports enterprise with effective customer retention strategies and an experienced management team. This is an exciting industry and probably one of the most significant acquisitions in our history given the prospects in the DFS industry and overall valuation of DraftFury itself as an $8 million company. DraftFury is a U.S. based company that offers skill-based NBA, NFL, and MLB daily fantasy sports (DFS) contests. DraftFury makes DFS accessible to new and casual players and enhances the experience for existing DFS enthusiasts through the simple Pick'Em format, skill-based matching in Fury Arena, and other proprietary innovations. DraftFury's 7-Level Referral Program generously rewards marketing affiliates for promoting the fun and excitement of DraftFury's contests. DraftFury's user base, prize pools, and revenues continue to trend upwards on a month-to-month basis while a mobile app, eSports, and new site features are all planned additions for the near future. SING expects to close both the above transactions by end of Q2, if not well before. In the meantime, the SING CEO, Greg Lambrecht, is in negotiations with several additional acquisition targets alongside an aggressive, goal-oriented strategy toward an impactful increase in shareholder value. You can learn more about SING on their website http://www.singlepoint.com/ Bottom line, get SING on your radar right now. If we see even a fraction of February's epic 150%+ gains, we could be in for a great day. I'll update you further in the morning. Disclaimer Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. For full disclaimer click here. 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