SinglePoint Inc. Improves Balance Sheet by Eliminating Convertible Secured Note Agreement
Share this article Share this article PHOENIX, Dec. 22, 2020 /PRNewswire/ -- SinglePoint Inc. (OTC: SING) ("SinglePoint" or the "Company"), a company focused on providing renewable energy solutions, announces the Company has paid off the remaining balance of a Convertible Secured Note Agreement with GS Capital Partners, LLC ("GS"). The Company entered into the agreement with GS in March of 2020 as the pandemic started to have effects on the global economy. The payoff of the remaining balance eliminates future conversions under the note and removed additional derivative (toxic) debt from t...
Source: prnewswire.com