SinglePoint
(OTC: $SING): UAHC Ventures, LLC Invests $600K in Mobile Technology Company
Focused on Developing Bitcoin Payment System for Cannabis Industry
CHICAGO - October 11, 2017
(Investorideas.com Newswire) UAHC Ventures, LLC, a wholly-owned subsidiary of
United American Healthcare Corporation ("UAHC Ventures"), announced
today that it has invested $600,000 with SinglePoint, Inc (OTC:SING) ("SING") through the
purchase of a Secured Promissory Note and Warrant.
Read this news in full at http://www.investorideas.com/CO/SING/news/2017/10111BitcoinPaymentSystem.asp
About
United American Healthcare Corporation
United American Healthcare
Corporation ("UAHC"), through its subsidiary, UAHC Ventures, LLC,
pursues strategic investment opportunities in various growth industries.
Additionally, UAHC, through its subsidiary Pulse Systems, LLC, is a contract
manufacturing company that provides services to the medical device industry.
UAHC nor any of its existing subsidiaries are an "Investment Company"
as defined by Section 3(a)(1) of the Investment Company Act of 1940 (the
"Act") and are therefore not subject to the regulations contained in
the Act.
Forward-looking Statements
This press release contains
forward-looking statements. The words or phrases "would be,"
"will allow," "intends to," "will likely result,"
"are expected to," "will continue," "is
anticipated," "estimate," "project," or similar
expressions are intended to identify "forward-looking statements."
All information set forth in this news release, except historical and factual
information, represents forward-looking statements. This includes all
statements about the Company's plans, beliefs, estimates and expectations.
These statements are based on current estimates and projections, which involve
certain risks and uncertainties that could cause actual results to differ
materially from those in the forward-looking statements. These risks and
uncertainties include issues related to: rapidly changing technology and
evolving standards in the industries in which the Company and its subsidiaries
operate; the ability to obtain sufficient funding to continue operations,
maintain adequate cash flow, profitably exploit new business, license and sign
new agreements; the unpredictable nature of consumer preferences; and other
factors set forth in the Company's most recently filed annual report and
registration statement. Readers are cautioned not to place undue reliance on
these forward-looking statements, which reflect management's analysis only as
of the date hereof. The Company undertakes no obligation to publicly revise
these forward-looking statements to reflect events or circumstances that arise
after the date hereof. Readers should carefully review the risks and
uncertainties described in other documents that the Company files from time to
time with the U.S. Securities and Exchange Commission.
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