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PHOENIX, Jan. 7, 2021 /PRNewswire/ SinglePoint Inc. (OTC: SING) ( SinglePoint or the Company ), a company focused on providing renewable energy solutions, today announced the Company will affect a 1-for-75 reverse split of its issued and outstanding shares of common stock. Additionally, the Company will, on a 1-for-1 basis, spin-off of 1606 Corp. to its shareholders, which will become its own entity. The spin-off and the effectiveness of the reverse stock split will occur after the filing of required documentation with SEC and Finra, and the expiration of proscribed time limits after mailing of materials to shareholders.