Connect with us

BUSINESS

SinglePoint, Inc (OTCMKTS: SING) Gives An Update on Its Strategic Review

Published

on

SinglePoint, Inc (OTCMKTS: SING) has recently given an update of its strategic review. The company will hold a webcast and a conference call to discuss the topic.

The review was to find areas that needed improvement 

According to Wil Ralston, the CEO of SinglePoint, the areas that needed improvement were clear to him once he began his CEO role. For this reason, the company started a strategic review to make vital decisions and make improvements. The points of focus for the company were improving indoor air quality and clean energy. SinglePoint remains committed to its goal to enhance its growth. The company also plans to focus on its subsidiaries to support its growth and build long-term shareholder value.

In line with its goal, the company started a strategic review to examine its current products, internal processes and business lines. Things reviewed included sales, personal, marketing, and products. This review was to help them pinpoint areas that needed improvements. The company hopes to motivate its team to increase sales, identify opportunities, create autonomy to make SinglePoint a choice partner.

SinglePoint’s areas of focus

The first core area of focus listed in the review is putting people first. The people, in this case, refers to shareholders, partners, customers, and their team. SinglePoint plans to invest in the people to provide long-term value and improve the areas people live and work in.

Another core area of focus is the planet, as the company plans to implement beneficial and sustainable innovations that will help preserve the environment. The process is another area of focus and involves the company’s internal growth. SinglePoint plans to use a data-driven approach to look for suitable acquisitions which can easily merge with it and allow for collaboration across the company and its subsidiaries.

The final core area of focus is profit. The company plans to ensure the sustainability and profitability of its investments and operations by implementing the other core areas of focus.

During the review, Direct Solar America and EnergyWyze, two of the company’s subsidiaries, were successful in achieving efficiencies and vertically integrating. In this way, they will grow within their businesses while enhancing growth in fellow subsidiaries.

*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.

BUSINESS

Cyberlux Corp (OTCMKTS: CYBL) Gives Update on Its Accomplishments for September 2021

Published

on

Cyberlux Corp (OTCMKTS: CYBL) has announced its most essential accomplishments on September 2021. A statement given by the company’s CEO Mark Schmidt reveals its achievements.

Achievements Cyberlux made in September 

One such achievement is the hiring of a new General Manager and Executive Vice President for Cyberlux’s FlightEye Drone Solutions. Larson Isley, who will take on this role, has vast experience as a Consulting Scientist and Guidance System Expert.

The company also introduced its FlightGDN platform to take advantage of UAS and its future capabilities. FlightGDN is a technology platform focussed on supporting high-tech military-grade UAS solution packages and products. It incorporates Cyberlux technologies and also uses third party technology such as VR/AR perception technologies, LiDAR mapping, infrared night vision and, LED lighting. The company also refreshed its website on September 30.

Cyberlux completed the acquisition of CTMC Drone Solutions, LLC, which will make up its drone technology platform. The company made the transaction with a series of cash payments, cashless warrants and shares of common stock. Cyberlux plans to use this same structure with its future acquisitions.

The company also partnered with Strike Group, LLC to promote the contracting and adoption of Cyberlux Infrastructure products such as solar power solutions and LED street lighting. It was also to promote products by Flight Eye Drone Solutions.

Yahoo has also identified Cyberlux as one of the ten best Micro-cap stocks for investors.

Cyberlux’s plans 

Cyberlux is making plans to announce the hiring of a new staff member who will be instrumental in improving its Unmanned Aircraft Systems Business. The new hire is said to have significant reach with U.S agencies.

The company will also announce a new acquisition. This acquisition will help Cyberlux penetrate European and U.S markets. Another Cyberlux platform acquisition will be closed by the end of October.

Meanwhile, Cyberlux will continue to execute its Alpha growth plan. The plan consists of three objectives. The first is to accelerate growth acquisitions, aggressive strategies, and partnerships. The second objective is to focus on the target market with DoD products and new technology. The final aim is to get OTC Pink Current Information Status to gain velocity.

*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.
Continue Reading

BUSINESS

Puget Technologies Inc (OTCMKTS: PUGE) Formally Announces That The Group Has Ventured Into The Real Estate Market and The Group Names Carlos H. Arce, Esq. As Its Chief Legal & Compliance Officer

Published

on

Puget Technologies Inc (OTCMKTS: PUGE) has hit the headlines yet again. The group made an official announcement that it has forayed into the real estate industry.

The group has inked a Letter of Interest for the acquisition

Sources have confirmed that Puget Technologies Inc has inked a LOI to allow the group to take over a company in the real estate sector. The acquired group will double up as a space providing facilities that are necessary for medical practitioners.

Furthermore, it is understood that a corporate house named Care Suites LLC was established in Delaware in 2019. The group aims to adopt the innovative approach and co-work. By doing so, medical practitioners can effortlessly and quickly switch to individual practice by taking advantage of facilities offered by CareSuitesTM.

To make the process user-friendly, CareSuites has committed to providing medical practitioners, health care workers, and staff with the facilities, infrastructure, and equipment required in private practice. A source from the company shared that this is one of the most affordable ways medical practitioners should take advantage of.

Puget Technologies Inc is granted the right to negotiate acquisition terms

Puget Technologies Inc is granted the right to negotiate acquisition terms with CareSuites. The latter gives the former the requests till March 12, 2022. Under the terms of the acquisition, securities of CareSuites’ will be exchanged for shares of Class B Convertible Preferred Stock. If all works well, CareSuites will become a 100% owned member of Puget Technologies Inc companies. A source following the developments shared that Puget Technologies Inc is anticipating sealing the deal at the earliest.

Puget Technologies Inc has a new addition to its management team 

Puget Technologies Inc, in other news, has informed that the group has taken on board Carlos H. Arce, Esq. In a statement, the company announced that Arce would serve as Chief Legal & Compliance Officer. The new appointment stands effective from October 5, 2021. On the new job role, Arce expressed happiness in being associated with the leaders in the industry.

*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.
Continue Reading

BUSINESS

VOLKSWAGEN GROUP Common Stock (OTCMKTS: VLKPF) Bags TU Wien Prize, Financial Services of the Group inks joint venture with LM FROTAS in Brazil and Company Adds 70,000 New Clients with Best-Selling ID.3 in Its Debut Year

Published

on

VOLKSWAGEN GROUP Common Stock (OTCMKTS: VLKPF) is in a celebration mood. The group has added yet another feather to its cap.

VOLKSWAGEN GROUP Common Stock awarded for developing the modular electric drive matrix (MEB)

VOLKSWAGEN GROUP Common Stock was recently awarded to develop the modular electric drive matrix (MEB). For this effort, the 22nd Porsche Prize was conferred on the automobile giant. On behalf of the company, Thomas Ulbrich, a member of the Volkswagen brand Board of Management, Technical Development division, accepted the recognition.

MEB is an all-new era of mobility

The modular electric drive matrix, also known as MEB, redefines mobility. With the MEB, the group has achieved the aim of introducing a new generation of electric drive, which drastically brings down the e-mobility cost and, at the same time, works to achieve zero-emission mobility.

The electric drive matrix is engineering at its best 

Dr. Bernhard Geringer, who serves as a member of the board of the Institute for Powertrains and Automotive Technology at TU Wien, stated that the electric drive matrix is engineering at its best. Dr. Geringer added that the flexibility, design solutions, and application would shape the future of electric mobility.

Volkswagen Financial Services enters into a joint venture with LM FORTAS in Brazil

To thrive in the market in Brazil, Volkswagen Financial Services recently entered into a joint venture with fleet provider LM FORTAS in Brazil. The agenda of the joint venture is to expand the fleet business in Brazil. While Volkswagen Financial Services holds a 60% stake in the joint venture, LM FORTAS owns the remaining 40%.

The Managing Director of Volkswagen Financial Services in Brazil, Jörg Pape, said that the group is working towards becoming the world’s largest fleet provider. Pape added that the sector offers a lot of potentials to grow. Confident of the partnership, he stated that the overall market volumes will be higher in 2026.

In other news related to VOLKSWAGEN GROUP Common Stock, it has come to light that the group has added to its client base, 70,000 new customers. The increase in customers has come from the sales of ID.3 in the debut year.

*Past performance is not a predictor of future results. All investing involves risk of loss and individual investments may vary. The examples provided may not be representative of typical results. Your capital is at risk when you invest – you can lose some or all of your money. Never risk more than you can afford to lose.By submitting your information you agree to the terms of our Privacy Policy • Cancel Newsletter Any Time.This is a FREE service from Finacials Trend. Signing up for our FREE daily e-letter also entitles you to receive this report. We will NOT share your email address with anyone.
Continue Reading

Trending Stories