SinglePoint (SING) 10-Q 15 Aug 19 2019 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2019	Aug. 14, 2019
Document And Entity Information
Entity Registrant Name	SinglePoint Inc.
Entity Central Index Key	0001443611
Document Type	10-Q
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Small Business	true
Entity Shell Company	false
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes
Document Period End Date	Jun. 30, 2019
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2019
Entity Common Stock Shares Outstanding		1,621,090,921

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2019	Dec. 31, 2018
CURRENT ASSETS:
Cash	$ 85,714	$ 68,781
Accounts receivable	10,594	5,979
Prepaid expenses	20,946	8,938
Inventory	6,224	157
Total Current Assets	123,478	83,855
NON-CURRENT ASSETS:
Investment, at cost (Note 3)	60,000	60,000
Goodwill	2,066,340
Total Assets	2,249,818	143,855
CURRENT LIABILITIES:
Accounts payable, including related party (Note 8)	128,818	146,635
Accrued expenses, including accrued officer salaries (Note 8)	920,185	1,345,567
Current portion of convertible notes payable, net of debt discount (Note 4)	29,384	156,853
Advances from related party (Note 8)	798,324	645,788
Derivative liability	5,183,458	2,215,376
Total Current Liabilities	7,060,168	4,510,219
LONG-TERM LIABILITIES:
Convertible notes payable, net of debt discount (Note 4)	1,500,000	500,000
Total Liabilities	8,560,168	5,010,219
Commitments and Contingencies (Note 8)
STOCKHOLDERS' DEFICIT
Class A convertible preferred stock, par value $0.0001; 60,000,000 shares authorized; 55,200,000 and 50,950,000 shares issued and outstanding	5,520	5,095
Common stock, par value $0.0001; 2,000,000,000 shares authorized; 1,596,090,921 and 1,236,319,023 shares issued and outstanding	159,609	123,632
Additional paid-in capital	71,273,135	63,940,510
Accumulated deficit	(77,532,284)	(68,846,438)
Total Singlepoint, Inc. stockholders' deficit	(6,094,020)	(4,777,201)
Non-controlling interest	(216,330)	(89,163)
Total Stockholders' Deficit	(6,310,350)	(4,866,364)
Total Liabilities and Stockholders' Deficit	$ 2,249,818	$ 143,855

CONDENSED CONSOLIDATED BALANC_2

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2019	May 31, 2019	May 16, 2019	May 14, 2019	Dec. 31, 2018	Aug. 31, 2017	Jul. 20, 2016	Jul. 01, 2013	Oct. 17, 2007
STOCKHOLDERS' DEFICIT
Preferred stock, par value	$ 0.0001				$ 0.0001
Preferred stock, shares authorized	60,000,000				60,000,000			30,000,000
Preferred stock, shares issued	55,200,000				50,950,000
Preferred stock, shares outstanding	55,200,000				50,950,000
Common stock, par value	$ 0.0001				$ 0.0001
Common stock, shares authorized	2,000,000,000				2,000,000,000	2,000,000,000	1,000,000,000	500,000,000
Common stock, shares issued	1,596,090,921				1,236,319,023				24,196,000
Common stock, shares outstanding	1,596,090,921				1,236,319,023

CONDENSED CONSOLIDATED STATEMEN

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
REVENUE	$ 856,859	$ 311,237	$ 1,119,749	$ 500,120
Cost of Revenue	440,946	225,700	628,207	346,456
Gross profit	415,913	85,537	491,542	153,664
OPERATING EXPENSES:
Consulting fees	94,059	44,188	161,501	135,123
Compensation	3,191,162	83,745	3,278,652	169,939
Professional and legal fees	48,134	59,001	151,977	80,200
Investor relations	35,788	90,509	148,227	239,464
General and administrative	780,432	278,734	987,967	395,626
Operating expenses	4,149,575	556,177	4,728,324	1,020,352
LOSS FROM OPERATIONS	(3,733,662)	(470,640)	(4,236,782)	(866,688)
OTHER INCOME (EXPENSE):
Interest expense	(109,738)	(33,690)	(182,932)	(58,539)
Amortization of debt discounts	(718,636)	(109,708)	(792,030)	(219,475)
Loss on change in fair value of investments		(20,000)		(20,000)
Gain (loss) on change in fair value of derivative liability	(2,984,286)	(130,487)	(3,601,269)	67,271
Other income (expense), net	(3,812,660)	(293,885)	(4,576,231)	(230,743)
LOSS BEFORE INCOME TAXES	(7,546,322)	(764,525)	(8,813,013)	(1,097,431)
Income taxes
NET LOSS	(7,546,322)	(764,525)	(8,813,013)	(1,097,431)
Loss attributable to non-controlling interests	127,829	(454)	127,167	(956)
NET LOSS ATTRIBUTABLE TO SINGLEPOINT, INC. STOCKHOLDERS	$ (7,418,493)	$ (764,979)	$ (8,685,846)	$ (1,098,387)
Net loss per share - basic	$ 0	$ 0	$ (0.01)	$ 0
Weighted average number of common shares
outstanding - basic	1,424,783,025	1,137,567,400	1,354,233,738	1,098,816,390

CONDENSED CONSOLIDATED STATEM_2

CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' DEFICIT (Unaudited) - USD ($)	Total	Preferred Stock Shares	Additional paid-in Capital	Common Stock Shares	Accumulated Deficit	Non- controllingInterest
Beginning Balance, shares at Dec. 31, 2017		47,750,000		935,585,925
Beginning Balance, amount at Dec. 31, 2017	$ (779,977)	$ 4,775	$ 59,951,381	$ 93,559	$ (60,797,888)	$ (31,804)
Issuance of common shares for services, amount	38,520
Issuance of common shares for principal and accrued interest on convertible notes, shares				106,428,571
Issuance of common shares for principal and accrued interest on convertible notes, amount	210,000		199,357	$ 10,643
Net loss	(1,097,431)				(1,098,387)	956
Ending Balance, shares at Jun. 30, 2018		43,950,000		1,137,614,496
Ending Balance, amount at Jun. 30, 2018	(1,628,888)	$ 4,395	60,180,078	$ 113,762	(61,896,275)	(30,848)
Beginning Balance, shares at Dec. 31, 2017		47,750,000		935,585,925
Beginning Balance, amount at Dec. 31, 2017	(779,977)	$ 4,775	59,951,381	$ 93,559	(60,797,888)	(31,804)
Issuance of common shares for services				600,000
Issuance of common shares for services, amount	38,520		38,460	$ 60
Issuance of common shares for investments, shares				6,979,167
Issuance of common shares for investments, amount	216,354		215,656	$ 698
Issuance of common shares for principal and accrued interest on convertible notes, shares				198,153,931
Issuance of common shares for principal and accrued interest on convertible notes, amount	753,488		733,673	$ 19,815
Issuance of preferred shares for services, shares		7,000,000
Issuance of preferred shares for services, amount	2,495,000	$ 700	2,494,300
Conversion of preferred shares		(3,800,000)		95,000,000
Conversion of preferred shares, amount		$ (380)	(9,120)	$ 9,500
Resolution of derivative liability due to debt conversion, shares
Resolution of derivative liability due to debt conversion, amount	516,160		516,160
Net loss	(8,105,909)				(8,048,550)	(57,359)
Ending Balance, shares at Dec. 31, 2018		50,950,000		1,236,319,023
Ending Balance, amount at Dec. 31, 2018	(4,866,364)	$ 5,095	63,940,510	$ 123,632	(68,846,438)	(89,163)
Issuance of common shares for services, amount
Issuance of common shares for principal and accrued interest on convertible notes, shares				85,213,147
Issuance of common shares for principal and accrued interest on convertible notes, amount	369,500		360,979	$ 8,521
Issuance of common shares for services previously accrued, shares				8,000,000
Issuance of common shares for services previously accrued, amount	800,000		799,200	$ 800
Issuance of common shares for acquisition, shares				156,058,751
Issuance of common shares for acquisition, amount	1,966,341		1,950,735	$ 15,606
Issuance of preferred shares for services, shares		10,000,000
Issuance of preferred shares for services, amount	3,100,000	$ 1,000	3,099,000
Net loss	(8,813,013)				(8,685,846)	(127,167)
Conversion of preferred shares		(5,750,000)		110,500,000
Conversion of preferred shares, amount		$ (575)	(10,475)	$ 11,050
Settlement of derivative liability due to debt conversion, shares
Settlement of derivative liability due to debt conversion, amount	1,133,186		1,133,186
Ending Balance, shares at Jun. 30, 2019		55,200,000		1,596,090,921
Ending Balance, amount at Jun. 30, 2019	$ (6,310,350)	$ 5,520	$ 71,273,135	$ 159,609	$ (77,532,284)	$ (216,330)

CONDENSED CONSOLIDATED STATEM_3

CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
CASH FLOWS FROM OPERATING ACTIVITIES
Net loss	$ (8,685,846)	$ (1,098,387)
Adjustments to reconcile net loss to net cash used in operating activities
Loss attributable to non-controlling interests	(127,167)	956
Common stock issued for services		38,520
Depreciation		2,800
Amortization of debt discounts	792,030	219,475
(Gain) loss on change in fair value of derivatives	3,601,269	(67,271)
Preferred stock issued for services	3,100,000
Changes in operating assets and liabilities:
Accounts receivable	(4,615)	(5,738)
Prepaid expenses	(12,008)	(9,628)
Inventory	(6,067)	(7,280)
Accounts payable	(17,817)	(4,835)
Accrued expenses	410,174	36,076
NET CASH USED IN OPERATING ACTIVITIES	(950,047)	(895,312)
CASH FLOWS FROM INVESTING ACTIVITIES:
Cash paid for deposit		(145,000)
Cash paid for acquisition of subsidiaries	(100,000)
NET CASH USED IN INVESTING ACTIVITIES	(100,000)	(145,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from advances from related party	123,445	198,093
Payments on advances to related party	(6,465)	(10,000)
Payments on notes payable	(50,000)
Proceeds from issuance of convertible notes, net	1,000,000
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	1,066,980	188,093
NET CHANGE IN CASH	16,933	(852,219)
Cash at beginning of period	68,781	915,078
Cash at end of period	85,714	62,859
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION:
Interest paid
Income tax paid
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Original issue discount from issuance of notes payable	100,000
Common stock issued for conversion of debt	369,500	210,000
Conversion of preferred stock to common stock	11,050	9,500
Issuance of common stock previously accrued	800,000
Issuance of common stock for acquisition	$ 1,966,341

ORGANIZATION AND NATURE OF BUSI

ORGANIZATION AND NATURE OF BUSINESS	6 Months Ended
	Jun. 30, 2019
ORGANIZATION AND NATURE OF BUSINESS
NOTE 1 - ORGANIZATION AND NATURE OF BUSINESS	History Carbon Credits International Inc. (CCII), which was formed on October 15, 2007 as a Nevada corporation, was the result of a spin off from Carbon Credits Industries, Inc. (CCI), its former parent issuer, on October 17, 2007, in which 24,196,000 shares of common stock were issued to the shareholders of CCI on a share for share basis ownership. On December 23, 2011, CCII entered into a merger agreement with Lifestyle Wireless, Inc. (LWI), a Washington Corporation, whereby 30,008,000 shares of CCI common stock were cancelled and 6,321,830 shares of CCII common stock were issued to LWI, with CCII remaining as the surviving company. The effective date of the merger was January 10, 2012 under the Articles of Merger. On July 1, 2013, CCII changed its name to Singlepoint Inc. (Singlepoint or the Company) and increased its authorized shares of common stock from 100,000,000 to 500,000,000 and authorized 30,000,000 preferred shares. On July 1, 2013, the ticker symbol changed from CARN to SING. On July 20, 2016, the Company amended its Articles of Incorporation and increased its authorized common shares from 500,000,000 to 1,000,000,000. On July 20, 2016, the Company increased the number of authorized Class A Convertible Preferred Stock (the Class A Stock) from 30,000,000 to 60,000,000. The Class A Stock is entitled to vote 25 votes of common stock for each share of Class A Stock held, with respect to all matters upon which common stockholders are entitled to vote or to which stockholders are entitled to give consent. Each share of Class A Stock converts into common stock of the Company at a ratio of six common shares for every one share of Class A Stock. On August 31, 2017, the Company amended its Articles of Incorporation and increased its authorized common shares from 1,000,000,000 to 2,000,000,000. On August 31, 2017, the Company amended its Articles of Incorporation and increased the voting rights on its Class A Stock to 50 votes of common stock for each share of Class A Stock held with respect to all matters upon which common stockholders are entitled to vote, and increased the conversion ratio on its Class A Stock so that it converts into common stock of the Company at a ratio of 25 common shares for every one share of Class A Stock. On May 17, 2017, the Company acquired a 90% interest in Discount Garden Supply, Inc. (DIGS) for cash and common stock. On October 11, 2017, the Company acquired a 51% interest in Jiffy Auto Glass, LLC (JAG) for cash and common stock. JAG has subsequently been dissolved (see Note 10 below). On August 31, 2018, the Company acquired a 51% interest in ShieldSaver, LLC (ShieldSaver) for cash and common stock. On May 14, 2019, the Company acquired a 51% interest in Direct Solar, LLC (Direct Solar) for cash and common stock (see Note 3). Going Concern The financial statements have been prepared assuming that the Company will continue as a going concern. As of June 30, 2019, the Company has yet to achieve profitable operations and is dependent on its ability to raise capital from stockholders or other sources to sustain operations and to ultimately achieve viable operations. The financial statements do not include any adjustments that might result from the outcome of these uncertainties. These factors raise substantial doubt about the Companys ability to continue as a going concern. The Companys ability to continue in existence is dependent on the Companys ability to develop the Companys business plan and to achieve profitable operations. Since the Company does not anticipate achieving profitable operations and/or adequate cash flows in the near term, management will continue to pursue additional equity financing through private placements of the Companys common stock.

BASIS OF PRESENTATION AND SUMMA

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	6 Months Ended
	Jun. 30, 2019
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
NOTE 2 - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	Basis of Presentation The accompanying unaudited condensed consolidated financial statements have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission including Form 10-Q and Regulation S-X. The information furnished herein reflects all adjustments (consisting of normal recurring accruals and adjustments) which are, in the opinion of management, necessary to fairly state the operating results for the respective periods. Certain information and footnote disclosures normally present in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America (US GAAP) have been omitted pursuant to such rules and regulations. These financial statements and the information included under the heading Managements Discussion and Analysis of Financial Condition and Results of Operations should be read in conjunction with the audited financial statements and explanatory notes for the year ended December 31, 2018 as disclosed in our Form 10-K filed on April 5, 2019. The results of the six months ended June 30, 2019 (unaudited) are not necessarily indicative of the results to be expected for the pending full year ending December 31, 2019. Principles of Consolidation The consolidated financial statements include the accounts of Singlepoint, DIGS, and JAG as of June 30, 2019 and December 31, 2018 and for the six months ended June 30, 2019 and 2018, and the accounts of Direct Solar from May 14, 2019 through June 30, 2019. All significant intercompany transactions have been eliminated in consolidation. Revenues It is the Companys policy that revenue from product sales or services will be recognized in accordance with ASC 606 Revenue from Contracts with Customers. The standard outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including industry-specific guidance. In applying the new revenue recognition model to contracts with customers, an entity: (1) identifies the contract(s) with a customer; (2) identifies the performance obligations in the contract(s); (3) determines the transaction price; (4) allocates the transaction price to the performance obligations in the contract(s); and (5) recognizes revenue when (or as) the entity satisfies a performance obligation. The accounting standards update applies to all contracts with customers except those that are within the scope of other topics in the FASB Accounting Standards Codification. The Company incurs costs associated with product distribution, such as freight and handling costs. The Company has elected to treat these costs as fulfillment activities and recognizes these costs at the same time that it recognizes the underlying product revenue. As this policy election is in line with the Companys previous accounting practices, the treatment of shipping and handling activities under Topic 606 did not have any impact on the Companys results of operations, financial condition and/or financial statement disclosures. In accordance with the new guidance, the Company recognizes revenue at an amount that reflects the consideration that the Company expects to be entitled to receive in exchange for transferring goods or services to its customers. The Companys policy is to record revenue when control of the goods transfers to the customer. Revenue Sharing In addition to selling the Companys products to customers, the Company recognizes revenues by sharing commissions with Independent Sales Organizations as an agent on a net basis. These revenues do not comprise a material amount of the Companys net sales. Cash and Cash Equivalents The Company considers all highly liquid investments with the original maturities of ninety days or less at the time of purchase to be cash equivalents. The Company maintains deposits in financial institutions which are insured by the Federal Deposit Insurance Corporation (FDIC). The Company had no deposits in excess of amounts insured by the FDIC as of June 30, 2019. Convertible Instruments The Company evaluates and accounts for conversion options embedded in its convertible instruments in accordance with the Accounting Standards Committee (ASC) 815 Derivatives and Hedging. It provides three criteria that, if met, require companies to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments. These three criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument. The result of this accounting treatment could be that the fair value of a financial instrument is classified as a derivative financial instrument and is marked-to-market at each balance sheet date and recorded as a liability. In the event that the fair value is recorded as a liability, the change in fair value is recorded in the consolidated statement of operations as other income or other expense. Upon conversion or exercise of a derivative financial instrument, the instrument is marked to fair value at the conversion date and is reclassified to equity. The Company records, when necessary, discounts to convertible notes for the intrinsic value of conversion options embedded in debt instruments based upon the differences between the fair value of the underlying common stock at the commitment date of the note transaction and the effective conversion price embedded in the note. Debt discounts under these arrangements are amortized over the term of the related debt to their earliest date of notes redemption Income Taxes The Company accounts for its income taxes in accordance with ASC 740 Income Taxes, which requires recognition of deferred tax assets and liabilities for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in operations in the period that includes the enactment date. The Company has a net operating loss carryforward, however, due to the uncertainty of realization, the Company has provided a full valuation allowance for deferred tax assets resulting from this net operating loss carryforward. Earnings (loss) Per Common Share Basic loss per common share has been calculated based upon the weighted average number of common shares outstanding during the period in accordance with the ASC 260-10, Earnings per Share. Common stock equivalents are not used in the computation of loss per share, as their effect would be antidilutive. Diluted EPS includes the effect from potential issuance of common stock, including stock issuable pursuant to the assumed exercise of warrants and conversion of convertible notes and Class A Preferred Stock. Dilutive EPS is computed by dividing net income (loss) by the sum of the weighted average number of common stock outstanding, and the dilutive shares. The following table summarizes the number of shares of common stock issuable pursuant to our convertible securities that were excluded from the diluted per share calculation because the effect of including these potential shares was antidilutive even though the exercise price could be less than the average market price of the common shares: Six Months Ended June 30, 2019 Series A Preferred Stock 1,380,000,000 Convertible notes 316,077,707 Warrants 10,000,000 Potentially dilutive securities 1,706,077,707 Use of Estimates in the Preparation of Financial Statements The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates and assumptions. Fair Value Measurements On January 1, 2011, the Company adopted guidance which defines fair value, establishes a framework for using fair value to measure financial assets and liabilities on a recurring basis, and expands disclosures about fair value measurements. Beginning on January 1, 2011, the Company also applied the guidance to non-financial assets and liabilities measured at fair value on a non-recurring basis, which includes goodwill and intangible assets. The guidance establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing the asset or liability developed based on market data obtained from independent sources. Unobservable inputs are inputs that reflect the Companys assumptions of what market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The hierarchy is broken down into three levels based on the reliability of the inputs as follows: Level 1 - Valuation is based upon unadjusted quoted market prices for identical assets or liabilities in accessible active markets. Level 2 - Valuation is based upon quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in inactive markets; or valuations based on models where the significant inputs are observable in the market. Level 3 - Valuation is based on models where significant inputs are not observable. The unobservable inputs reflect a companys own assumptions about the inputs that market participants would use. The Companys financial instruments consist of cash, accounts receivable, investments, accounts payable, convertible notes payable, advances from related parties, and derivative liabilities. The estimated fair value of cash, accounts receivable, investments, accounts payable, convertible notes payable and advances from related parties approximate their carrying amounts due to the short-term nature of these instruments. Certain non-financial assets are measured at fair value on a nonrecurring basis. Accordingly, these assets are not measured and adjusted to fair value on an ongoing basis but are subject to periodic impairment tests. The Companys derivative liabilities have been valued as Level 3 instruments. Level 1 Level 2 Level 3 Total Fair value of convertible notes derivative liability December 31, 2018 $ $ $ 2,215,376 $ 2,215,376 Level 1 Level 2 Level 3 Total Fair value of convertible notes derivative liability June 30, 2019 $ $ $ 5,183,457 $ 5,183,457 The following table provides a summary of changes in fair value of the Companys Level 3 financial liabilities as of December 31, 2018 and June 30, 2019: Derivative Liability Balance, December 31, 2018 2,215,376 Additions recognized as debt discount 500,000 Derivative liability settlements (1,133,187 ) Mark-to-market at June 30, 2019 3,601,269 Balance, June 30, 2019 $ 5,183,458 Net loss for the year included in earnings relating to the liabilities held at June 30, 2019 $ 3,601,269 Recently Issued Accounting Pronouncements Leases In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842). This standard requires all leases that have a term of over 12 months to be recognized on the balance sheet with the liability for lease payments and the corresponding right-of-use asset initially measured at the present value of amounts expected to be paid over the term. Recognition of the costs of these leases on the income statement will be dependent upon their classification as either an operating or a financing lease. Costs of an operating lease will continue to be recognized as a single operating expense on a straight-line basis over the lease term. Costs for a financing lease will be disaggregated and recognized as both an operating expense (for the amortization of the right-of-use asset) and interest expense (for interest on the lease liability). This standard will be effective for our interim and annual periods beginning January 1, 2019 and must be applied on a modified retrospective basis to leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. We adopted this standard on January 1, 2019. The adoption of this standard did not have a material impact on our financial position or results of operations. There were various other accounting standards and interpretations issued recently, none of which are expected to have a material impact on the Companys financial position, operations or cash flows. Management has evaluated these new pronouncements through June 30, 2019.

INVESTMENTS

INVESTMENTS	6 Months Ended
	Jun. 30, 2019
INVESTMENTS
NOTE 3 - INVESTMENTS	Investments The Company records its investments using the cost method. If cost exceeds fair value, an impairment loss is recognized unless the impairment is considered temporary. The Company had total investments of $60,000 as of June 30, 2019 and December 31, 2018, respectively. 2019 Acquisition Direct Solar LLC On February 22, 2019 the Company entered into an asset purchase agreement (the Asset Purchase Agreement) with Direct Solar LLC and AI Live Transfers LLC (collectively referred to as the Sellers or Direct Solar) whereby the Company agreed to acquire certain assets of the Sellers (the Purchased Assets as more fully set forth in the Asset Purchase Agreement). Pursuant to the Asset Purchase Agreement the Company agreed: (i) to pay the Sellers that number of shares of Company common stock equal to $2,040,000 (based on the average closing price of the Company common stock during the five trading days immediately preceding the closing of the transactions contemplated by the Asset Purchase Agreement), (ii) create a subsidiary (the SUB) and issue the Sellers equity interests in SUB equal to ownership of Forty Nine Percent (49%) of SUB; both subject to adjustment, and (iii) providing SUB (within 14 days of closing of the transactions contemplated by the Asset Purchase Agreement) with $250,000. The Company agreed to that it shall reinvest into the SUB its portion of distributions of Net Cash Flow (as defined in the Operating Agreement of the SUB), if any, up to two hundred and fifty thousand ($250,000) per quarter, up to a total of seven hundred and fifty ($750,000) Dollars. The closing of the transactions set forth in the Asset Purchase Agreement were subject to the satisfaction (or waiver) of certain conditions. The material conditions were as follows: (i) delivery of a bill of sale in the form mutually agreeable to the parties duly executed by Sellers, transferring the Tangible Personal Property included in the Purchased Assets to the Company; (2) an assignment agreement in the form mutually agreeable to the parties duly executed, effecting the assignment of the Purchased Assets; (3) [an] assignment[s] in the form mutually agreeable to the parties duly executed, transferring all of Sellers right, title and interest in and to the Intellectual Property Assets; (4) an Operating Agreement of the SUB to be in effect upon Closing in the form as mutually agreed to amongst the parties; (5) with respect to each Lease, an Assignment and Assumption of Lease in the form mutually agreeable to the parties; (6) transition services agreements in the forms mutually agreeable to the parties duly executed by certain employees of the Sellers; (7) completion, to the Companys satisfaction, of an audit of Sellers financial statements from inception to December 31, 2018 by the Companys independent registered public accounting firm in accordance with the standards of the Public Company Accounting Oversight Board (United States); and the Company being satisfied with its due diligence review of the Sellers, its Business and the Purchased Assets, including without limitation speaking with and otherwise reviewing relationships with all suppliers, customers, employees, independent contractors, and clients of Sellers. The Company waived certain conditions including but not limited to the completion of an audit of the Sellers financial statements and the closing of the transactions set forth in the Asset Purchase Agreement was finalized on May 14, 2019. The total value of common stock issued for the purchase was $1,966,341 on the issuance date. The total purchase price of $2,066,341 includes cash paid of $100,000 and was allocated to goodwill based on the workforce acquired. Total revenue of $85,784, net loss of $145,023, and contributed net loss of $73,962 after non-controlling interest related to Direct Solar from the acquisition date of May 14, 2019 through June 30, 2019 is included in the Companys accompanying condensed consolidated statement of operations. Proforma Information (unaudited) Direct Solar The unaudited pro forma information of the consolidated results of the Companys operations and the results of the May 2019 acquisition of Direct Solar as if it had been consummated on January 1, 2019 are not available as of the date of this filing.

CONVERTIBLE NOTES PAYABLE

CONVERTIBLE NOTES PAYABLE	6 Months Ended
	Jun. 30, 2019
CONVERTIBLE NOTES PAYABLE
NOTE 4 - CONVERTIBLE NOTES PAYABLE	Convertible notes payable consisted of the following: June 30, 2019 December 31, 2018 Convertible note payable with an accredited investor dated October 31, 2017, with interest at 0%, due October 31, 2017, convertible at $0.007 per share. This note is currently in default. 10,500 10,500 Convertible note payable to investor (the CVP Note) dated October 10, 2017, with interest at 10%, an Original Issue Discount (OID) of $70,000, due October 6, 2019, convertible into shares of the Companys common stock at the average of the three lowest closing bid prices of the Companys common stock during the 20 trading days prior to conversion. The CVP Note provides for additional tranches of a maximum of $3,970,000, which includes OID of 10%. The note includes a warrant to purchase 5,000,000 shares of the Companys common stock at a price of $0.10 per share. The CVP Note is secured by substantially all assets of the Company. The investor converted a total of $244,500 of principal and accrued interest of this note into 55,670,080 shares of the Companys common stock during the six months ended June 30, 2019. 303,249 547,749 Convertible note payable to investor (the UAHC Note) dated October 10, 2017, with interest at 10%, an OID of $70,000, due October 6, 2019, convertible into shares of the Companys common stock at the average of the three lowest closing bid prices of the Companys common stock during the 20 trading days prior to conversion. The UAHC Note includes a warrant to purchase 5,000,000 shares of the Companys common stock at a price of $0.10 per share. The UAHC Note is secured by substantially all assets of the Company. The investor converted a total of $125,000 of principal and accrued interest of this note into 29,543,067 shares of the Companys common stock during the six months ended June 30, 2019. Additionally, the Company repaid $50,000 of this note during the six months ended June 30, 2019. 495,000 670,000 Convertible note payable, to investor (the Iliad Note) dated November 5, 2018 totaling $500,000, plus OID of $50,000 and legal fee costs of $20,000. The Iliad Note bears interest at 10% and matures on November 5, 2020.Total available under note is $5,520,000, including $500,000 OID (and $20,000 in legal fees due on first $500k tranche). The Iliad Note is convertible into shares of the Companys common stock after 180 days at the average of the three lowest closing bid prices of the Companys common stock during the 20 trading days prior to conversion. The Company borrowed an additional $1,100,000 (including OID of $100,000) under this note during the six months ended June 30, 2019. The Iliad Note is secured by substantially all assets of the Company. No common shares are currently reserved under the Iliad Note. The Company is currently in compliance with the terms of the Iliad Note. 1,670,000 570,000 Total convertible notes payable 2,478,749 1,798,249 Less debt discounts (949,365 ) (1,141,396 ) Convertible notes payable, net 1,529,384 656,853 Less current portion of convertible notes (29,384 ) (156,853 ) Long-term convertible notes payable $ 1,500,000 $ 500,000 Aggregate maturities of long-term debt as of June 30, 2019 are due in future years as follows: 2018 $ 29,384 2019 1,500,000 $ 1,529,384 JAG, the Companys subsidiary, entered into a Funding Purchase Agreement on August 25, 2017, whereby JAG received proceeds of $100,000 with loan costs of $37,000, for a total loan of $137,000. This debt was refinanced in April 2018 for $65,000 under a credit agreement with another third-party, payable in weekly payments of approximately $800 through July 2019. The balance under this credit agreement was $39,499 and $52,989 as of June 30, 2019 and December 31, 2018 and is included in accrued expenses on the accompanying balance sheet. Total amortization of debt discounts was $780,086 and $219,475 for the six months ended June 30, 2019 and 2018, respectively. Accrued interest on the above notes payable totaled $233,718 and $96,100 as of June 30, 2019 and December 31, 2018, respectively. Interest expense for the notes payable for the six months ended June 30, 2019 and 2018 was $182,932 and $58,539, respectively.

DERIVATIVE LIABILITY

DERIVATIVE LIABILITY	6 Months Ended
	Jun. 30, 2019
DERIVATIVE LIABILITY
NOTE 5 - DERIVATIVE LIABILITY	Derivative Liability- Debt The fair value of the described embedded derivative on all convertible debt was valued at $4,614,586 and $2,215,376 at June 30, 2019 and December 31, 2018, respectively, which was determined using the Black Scholes Pricing Model with the following assumptions: Dividend yield: 0% Term 0.5 1.0 year Volatility 119.7%132.8% Risk free rate: 1.922.63% For the six months ended June 30, 2019 and 2018, the Company adjusted the recorded fair value of the derivative liability on debt to market resulting in non-cash, non-operating loss of $3,147,650 for the six months ended June 30, 2019 and gain of $67,271 for the six months ended June 30, 2018. Note 2 contains a summary of changes in fair value of the Companys Level 3 financial liabilities as of June 30, 2019.

STOCKHOLDERS DEFICIT

STOCKHOLDERS DEFICIT	6 Months Ended
	Jun. 30, 2019
STOCKHOLDERS DEFICIT
NOTE 6 - STOCKHOLDERS DEFICIT	Class A Convertible Preferred Shares As of June 30, 2019 and December 31, 2018, the Company had authorized 60,000,000 shares of Series A Convertible Preferred Stock (Class A Stock) with $0.0001 par value per share, of which 55,200,000 and 50,950,000 shares were issued and outstanding as of June 30, 2019 and December 31, 2018, respectively. Each share of Class A Stock is convertible at any time into 25 shares of common stock, totaling 1,380,000,000 shares of common stock assuming full conversion of all outstanding shares. No dividends are payable unless declared by the Board of Directors. Each share of Class A Stock votes with the shares of Common Stock and is entitled to 50 votes per share and ranks senior to all other classes of stock in liquidation in the amount of $1 per share. On January 3, 2019, the Company issued 10,500,000, shares of common stock to a former director for the conversion of 1,750,000 shares of Class A Preferred Stock. On May 23, 2019, the Company issued 100,000,000, shares of common stock to the Companys CEO for the conversion of 4,000,000 shares of Class A Preferred Stock. On May 31, 2019, the Company issued a total of 10,000,000 shares of Class A Preferred Stock to directors for compensation resulting in compensation expense of $3,100,000. Common Shares As of June 30, 2019, the Companys authorized common stock is 2,000,000,000 shares at $0.0001 par value per share. 1,596,090,921 and 1,236,319,023 shares were issued and outstanding as of June 30, 2019 and December 31, 2018, respectively. Shares issued during the Six months ended June 30, 2019 During the six months ended June 30, 2019, the Company issued an aggregate of 85,213,147 common shares to two investors for the conversion of a total of $369,500 of convertible debt. On March 1, 2019, the Company issued an aggregate of 8,000,000 common shares to a consultant for consulting services at a price of $0.10 per share. The fair value of these shares of $800,000 was included in accrued expenses as of December 31, 2018. On May 16, 2019, the Company issued an aggregate of 156,058,751 shares related the acquisition of Direct Solar at a price of $0.0145 per share (see Note 3).

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	6 Months Ended
	Jun. 30, 2019
RELATED PARTY TRANSACTIONS
NOTE 7 - RELATED PARTY TRANSACTIONS	Accrued Officer Compensation As of June 30, 2019 and December 31, 2018, a total of $462,211 and $349,000, respectively, was accrued for unpaid officer wages due the Companys CEO and President under their employment agreements. Other As of June 30, 2019 and December 31, 2018, a total of $16,619 and $30,287 was due our CEO and our President and is included in accounts payable. As of June 30, 2019 and December 31, 2018, a total of $2,892 was due the founder of DIGS and is included in accounts payable. The Companys CEO advanced the Company funds during 2019 and 2018, with a balance of $705,000 and $585,000, plus accrued interest of $53,586 and $18,030 as of June 30, 2019 and December 31, 2018, respectively. These balances accrue interest at 12% beginning on October 1, 2018, are unsecured and due on demand. As of June 30, 2019 and December 31, 2018, a total of $7,718 and $10,738, respectively, was due to the founder of DIGS for advances to DIGS. As of June 30, 2019 and December 31, 2018, a total of $32,020 was due to an entity owned by the founder of ShieldSaver for advances to ShieldSaver prior to the Companys acquisition of ShieldSaver on August 31, 2018. The founder of ShieldSaver is also the founder of JAG and is a related party. The Companys subsidiary DIGS previously sub-leased space on a month-to-month basis from an entity controlled by the founder of DIGS. Total payments related to this sub-lease for the six months ended June 30, 2019 and 2018 were $0 and $11,375, respectively. See Note 6 for related party share issuances to a former director of the Company.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	6 Months Ended
	Jun. 30, 2019
COMMITMENTS AND CONTINGENCIES
NOTE 8 - COMMITMENTS AND CONTINGENCIES	Currently the Company leases approximately 1,400 square feet of office space at 2999 North 44th St, Phoenix, AZ 85018 at a monthly rent of $3,375.97. The lease term expires September 2019. See the Companys Form 10-K for the year ended December 31, 2018 for details on our executives employment agreements. There have been no changes to these agreements.

REVENUE CLASSES

REVENUE CLASSES	6 Months Ended
	Jun. 30, 2019
REVENUE CLASSES
NOTE 9 - REVENUE CLASSES	Six Months Ended June 30, Six Months Ended June 30, 2019 2018 Retail $ 79,973 $ 64,556 Distribution 454,172 - Services 585,604 435,564 Total $ 1,119,749 $ 500,120

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	6 Months Ended
	Jun. 30, 2019
SUBSEQUENT EVENTS
NOTE 10 - SUBSEQUENT EVENTS	On July 2, 2019, the Company executed a lease agreement for an industrial building space in California for 24 months at base rent of $2,400 per month through June 30, 2021. On July 5, 2019, the Company received additional proceeds of $250,000 under the Iliad Note. On July 26, 2019 a Statement of Dissolution was filed with the Colorado Secretary of State dissolving Jiffy Auto Glass, LLC. On July and August 2019, an officer converted an aggregate of 1,000,000 Class A Preferred Shares into 25,000,000 share of the Companys common stock.

BASIS OF PRESENTATION AND SUM_2

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	6 Months Ended
	Jun. 30, 2019
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Basis of Presentation	The accompanying unaudited condensed consolidated financial statements have been prepared by the Company pursuant to the rules and regulations of the Securities and Exchange Commission including Form 10-Q and Regulation S-X. The information furnished herein reflects all adjustments (consisting of normal recurring accruals and adjustments) which are, in the opinion of management, necessary to fairly state the operating results for the respective periods. Certain information and footnote disclosures normally present in annual financial statements prepared in accordance with accounting principles generally accepted in the United States of America (US GAAP) have been omitted pursuant to such rules and regulations. These financial statements and the information included under the heading Managements Discussion and Analysis of Financial Condition and Results of Operations should be read in conjunction with the audited financial statements and explanatory notes for the year ended December 31, 2018 as disclosed in our Form 10-K filed on April 5, 2019. The results of the six months ended June 30, 2019 (unaudited) are not necessarily indicative of the results to be expected for the pending full year ending December 31, 2019.
Principles of Consolidation	The consolidated financial statements include the accounts of Singlepoint, DIGS, and JAG as of June 30, 2019 and December 31, 2018 and for the six months ended June 30, 2019 and 2018, and the accounts of Direct Solar from May 14, 2019 through June 30, 2019. All significant intercompany transactions have been eliminated in consolidation.
Revenues	It is the Companys policy that revenue from product sales or services will be recognized in accordance with ASC 606 Revenue from Contracts with Customers. The standard outlines a single comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance, including industry-specific guidance. In applying the new revenue recognition model to contracts with customers, an entity: (1) identifies the contract(s) with a customer; (2) identifies the performance obligations in the contract(s); (3) determines the transaction price; (4) allocates the transaction price to the performance obligations in the contract(s); and (5) recognizes revenue when (or as) the entity satisfies a performance obligation. The accounting standards update applies to all contracts with customers except those that are within the scope of other topics in the FASB Accounting Standards Codification. The Company incurs costs associated with product distribution, such as freight and handling costs. The Company has elected to treat these costs as fulfillment activities and recognizes these costs at the same time that it recognizes the underlying product revenue. As this policy election is in line with the Companys previous accounting practices, the treatment of shipping and handling activities under Topic 606 did not have any impact on the Companys results of operations, financial condition and/or financial statement disclosures. In accordance with the new guidance, the Company recognizes revenue at an amount that reflects the consideration that the Company expects to be entitled to receive in exchange for transferring goods or services to its customers. The Companys policy is to record revenue when control of the goods transfers to the customer.
Revenue Sharing	In addition to selling the Companys products to customers, the Company recognizes revenues by sharing commissions with Independent Sales Organizations as an agent on a net basis. These revenues do not comprise a material amount of the Companys net sales.
Cash and Cash Equivalents	The Company considers all highly liquid investments with the original maturities of ninety days or less at the time of purchase to be cash equivalents. The Company maintains deposits in financial institutions which are insured by the Federal Deposit Insurance Corporation (FDIC). The Company had no deposits in excess of amounts insured by the FDIC as of June 30, 2019.
Convertible Instruments	The Company evaluates and accounts for conversion options embedded in its convertible instruments in accordance with the Accounting Standards Committee (ASC) 815 Derivatives and Hedging. It provides three criteria that, if met, require companies to bifurcate conversion options from their host instruments and account for them as free standing derivative financial instruments. These three criteria include circumstances in which (a) the economic characteristics and risks of the embedded derivative instrument are not clearly and closely related to the economic characteristics and risks of the host contract, (b) the hybrid instrument that embodies both the embedded derivative instrument and the host contract is not re-measured at fair value under otherwise applicable generally accepted accounting principles with changes in fair value reported in earnings as they occur and (c) a separate instrument with the same terms as the embedded derivative instrument would be considered a derivative instrument. The result of this accounting treatment could be that the fair value of a financial instrument is classified as a derivative financial instrument and is marked-to-market at each balance sheet date and recorded as a liability. In the event that the fair value is recorded as a liability, the change in fair value is recorded in the consolidated statement of operations as other income or other expense. Upon conversion or exercise of a derivative financial instrument, the instrument is marked to fair value at the conversion date and is reclassified to equity. The Company records, when necessary, discounts to convertible notes for the intrinsic value of conversion options embedded in debt instruments based upon the differences between the fair value of the underlying common stock at the commitment date of the note transaction and the effective conversion price embedded in the note. Debt discounts under these arrangements are amortized over the term of the related debt to their earliest date of notes redemption
Income Taxes	The Company accounts for its income taxes in accordance with ASC 740 Income Taxes, which requires recognition of deferred tax assets and liabilities for future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and tax credit carry forwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in operations in the period that includes the enactment date. The Company has a net operating loss carryforward, however, due to the uncertainty of realization, the Company has provided a full valuation allowance for deferred tax assets resulting from this net operating loss carryforward.
Earnings (loss) Per Common Share	Basic loss per common share has been calculated based upon the weighted average number of common shares outstanding during the period in accordance with the ASC 260-10, Earnings per Share. Common stock equivalents are not used in the computation of loss per share, as their effect would be antidilutive. Diluted EPS includes the effect from potential issuance of common stock, including stock issuable pursuant to the assumed exercise of warrants and conversion of convertible notes and Class A Preferred Stock. Dilutive EPS is computed by dividing net income (loss) by the sum of the weighted average number of common stock outstanding, and the dilutive shares. The following table summarizes the number of shares of common stock issuable pursuant to our convertible securities that were excluded from the diluted per share calculation because the effect of including these potential shares was antidilutive even though the exercise price could be less than the average market price of the common shares: Six Months Ended June 30, 2019 Series A Preferred Stock 1,380,000,000 Convertible notes 316,077,707 Warrants 10,000,000 Potentially dilutive securities 1,706,077,707
Use of Estimates in the Preparation of Financial Statements	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates and assumptions.
Fair Value Measurements	On January 1, 2011, the Company adopted guidance which defines fair value, establishes a framework for using fair value to measure financial assets and liabilities on a recurring basis, and expands disclosures about fair value measurements. Beginning on January 1, 2011, the Company also applied the guidance to non-financial assets and liabilities measured at fair value on a non-recurring basis, which includes goodwill and intangible assets. The guidance establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring that the most observable inputs be used when available. Observable inputs are inputs that market participants would use in pricing the asset or liability developed based on market data obtained from independent sources. Unobservable inputs are inputs that reflect the Companys assumptions of what market participants would use in pricing the asset or liability developed based on the best information available in the circumstances. The hierarchy is broken down into three levels based on the reliability of the inputs as follows: Level 1 - Valuation is based upon unadjusted quoted market prices for identical assets or liabilities in accessible active markets. Level 2 - Valuation is based upon quoted prices for similar assets or liabilities in active markets; quoted prices for identical or similar assets or liabilities in inactive markets; or valuations based on models where the significant inputs are observable in the market. Level 3 - Valuation is based on models where significant inputs are not observable. The unobservable inputs reflect a companys own assumptions about the inputs that market participants would use. The Companys financial instruments consist of cash, accounts receivable, investments, accounts payable, convertible notes payable, advances from related parties, and derivative liabilities. The estimated fair value of cash, accounts receivable, investments, accounts payable, convertible notes payable and advances from related parties approximate their carrying amounts due to the short-term nature of these instruments. Certain non-financial assets are measured at fair value on a nonrecurring basis. Accordingly, these assets are not measured and adjusted to fair value on an ongoing basis but are subject to periodic impairment tests. The Companys derivative liabilities have been valued as Level 3 instruments. Level 1 Level 2 Level 3 Total Fair value of convertible notes derivative liability December 31, 2018 $ $ $ 2,215,376 $ 2,215,376 Level 1 Level 2 Level 3 Total Fair value of convertible notes derivative liability June 30, 2019 $ $ $ 5,183,457 $ 5,183,457 The following table provides a summary of changes in fair value of the Companys Level 3 financial liabilities as of December 31, 2018 and June 30, 2019: Derivative Liability Balance, December 31, 2018 2,215,376 Additions recognized as debt discount 500,000 Derivative liability settlements (1,133,187 ) Mark-to-market at June 30, 2019 3,601,269 Balance, June 30, 2019 $ 5,183,458 Net loss for the year included in earnings relating to the liabilities held at June 30, 2019 $ 3,601,269
Recently Issued Accounting Pronouncements	Leases In February 2016, the FASB issued ASU No. 2016-02, Leases (Topic 842). This standard requires all leases that have a term of over 12 months to be recognized on the balance sheet with the liability for lease payments and the corresponding right-of-use asset initially measured at the present value of amounts expected to be paid over the term. Recognition of the costs of these leases on the income statement will be dependent upon their classification as either an operating or a financing lease. Costs of an operating lease will continue to be recognized as a single operating expense on a straight-line basis over the lease term. Costs for a financing lease will be disaggregated and recognized as both an operating expense (for the amortization of the right-of-use asset) and interest expense (for interest on the lease liability). This standard will be effective for our interim and annual periods beginning January 1, 2019 and must be applied on a modified retrospective basis to leases existing at, or entered into after, the beginning of the earliest comparative period presented in the financial statements. We adopted this standard on January 1, 2019. The adoption of this standard did not have a material impact on our financial position or results of operations. There were various other accounting standards and interpretations issued recently, none of which are expected to have a material impact on the Companys financial position, operations or cash flows. Management has evaluated these new pronouncements through June 30, 2019.

BASIS OF PRESENTATION AND SUM_3

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	6 Months Ended
	Jun. 30, 2019
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
Schedule of antidilutive securities excluded from computation of earnings per share	Six Months Ended June 30, 2019 Series A Preferred Stock 1,380,000,000 Convertible notes 316,077,707 Warrants 10,000,000 Potentially dilutive securities 1,706,077,707
Schedule of derivative liabilities at fair value	Level 1 Level 2 Level 3 Total Fair value of convertible notes derivative liability December 31, 2018 $ $ $ 2,215,376 $ 2,215,376 Level 1 Level 2 Level 3 Total Fair value of convertible notes derivative liability June 30, 2019 $ $ $ 5,183,457 $ 5,183,457
Changes in the fair value of the Company's Level 3 financial liabilities	Derivative Liability Balance, December 31, 2018 2,215,376 Additions recognized as debt discount 500,000 Derivative liability settlements (1,133,187 ) Mark-to-market at June 30, 2019 3,601,269 Balance, June 30, 2019 $ 5,183,458 Net loss for the year included in earnings relating to the liabilities held at June 30, 2019 $ 3,601,269

CONVERTIBLE NOTES PAYABLE (Tabl

CONVERTIBLE NOTES PAYABLE (Tables)	6 Months Ended
	Jun. 30, 2019
CONVERTIBLE NOTES PAYABLE (Tables)
Schedule of Convertible notes payable	Convertible notes payable consisted of the following: June 30, 2019 December 31, 2018 Convertible note payable with an accredited investor dated October 31, 2017, with interest at 0%, due October 31, 2017, convertible at $0.007 per share. This note is currently in default. 10,500 10,500 Convertible note payable to investor (the CVP Note) dated October 10, 2017, with interest at 10%, an Original Issue Discount (OID) of $70,000, due October 6, 2019, convertible into shares of the Companys common stock at the average of the three lowest closing bid prices of the Companys common stock during the 20 trading days prior to conversion. The CVP Note provides for additional tranches of a maximum of $3,970,000, which includes OID of 10%. The note includes a warrant to purchase 5,000,000 shares of the Companys common stock at a price of $0.10 per share. The CVP Note is secured by substantially all assets of the Company. The investor converted a total of $244,500 of principal and accrued interest of this note into 55,670,080 shares of the Companys common stock during the six months ended June 30, 2019. 303,249 547,749 Convertible note payable to investor (the UAHC Note) dated October 10, 2017, with interest at 10%, an OID of $70,000, due October 6, 2019, convertible into shares of the Companys common stock at the average of the three lowest closing bid prices of the Companys common stock during the 20 trading days prior to conversion. The UAHC Note includes a warrant to purchase 5,000,000 shares of the Companys common stock at a price of $0.10 per share. The UAHC Note is secured by substantially all assets of the Company. The investor converted a total of $125,000 of principal and accrued interest of this note into 29,543,067 shares of the Companys common stock during the six months ended June 30, 2019. Additionally, the Company repaid $50,000 of this note during the six months ended June 30, 2019. 495,000 670,000 Convertible note payable, to investor (the Iliad Note) dated November 5, 2018 totaling $500,000, plus OID of $50,000 and legal fee costs of $20,000. The Iliad Note bears interest at 10% and matures on November 5, 2020.Total available under note is $5,520,000, including $500,000 OID (and $20,000 in legal fees due on first $500k tranche). The Iliad Note is convertible into shares of the Companys common stock after 180 days at the average of the three lowest closing bid prices of the Companys common stock during the 20 trading days prior to conversion. The Company borrowed an additional $1,100,000 (including OID of $100,000) under this note during the six months ended June 30, 2019. The Iliad Note is secured by substantially all assets of the Company. No common shares are currently reserved under the Iliad Note. The Company is currently in compliance with the terms of the Iliad Note. 1,670,000 570,000 Total convertible notes payable 2,478,749 1,798,249 Less debt discounts (949,365 ) (1,141,396 ) Convertible notes payable, net 1,529,384 656,853 Less current portion of convertible notes (29,384 ) (156,853 ) Long-term convertible notes payable $ 1,500,000 $ 500,000
Schedule of maturities of long term debt	2018 $ 29,384 2019 1,500,000 $ 1,529,384

DERIVATIVE LIABILITY (Tables)

DERIVATIVE LIABILITY (Tables)	6 Months Ended
	Jun. 30, 2019
DERIVATIVE LIABILITY (Tables)
Schedule of fair value of the derivative liability	Dividend yield: 0% Term 0.5 1.0 year Volatility 119.7%132.8% Risk free rate: 1.922.63%

REVENUE CLASSES (Tables)

REVENUE CLASSES (Tables)	6 Months Ended
	Jun. 30, 2019
REVENUE CLASSES (Tables)
Revenue Classes	Six Months Ended June 30, Six Months Ended June 30, 2019 2018 Retail $ 79,973 $ 64,556 Distribution 454,172 - Services 585,604 435,564 Total $ 1,119,749 $ 500,120

ORGANIZATION AND NATURE OF BU_2

ORGANIZATION AND NATURE OF BUSINESS (Details Narrative) - shares

1 Months Ended

6 Months Ended

Dec. 23, 2011

Jun. 30, 2019

May 31, 2019

May 16, 2019

May 14, 2019

Dec. 31, 2018

Aug. 31, 2018

Oct. 11, 2017

Aug. 31, 2017

May 17, 2017

Jul. 20, 2016

Jul. 01, 2013

Oct. 17, 2007

State or country of incorporation

Nevada

Incorporation date

Oct. 15, 2007

Common stock, shares issued

1,596,090,921

1,236,319,023

24,196,000

Preferred stock, shares authorized

60,000,000

60,000,000

30,000,000

Common stock, shares authorized

2,000,000,000

2,000,000,000

2,000,000,000

1,000,000,000

500,000,000

Increased common stock shares authorized

1,000,000,000

500,000,000

100,000,000

Jiffy Auto Glass [Member]

Equity ownership, percentage

51.00%

Discount Garden Supply, Inc [Member]

Equity ownership, percentage

90.00%

Shield Saver, LLC [Member]

Equity ownership, percentage

51.00%

Direct Solar, LLC [Member]

Equity ownership, percentage

51.00%

Merger Agreement [Member] | Lifestyle Wireless, Inc [Member]

Common stock, shares issued

6,321,830

Common stock shares cancelled

30,008,000

Class A Stock [Member]

Preferred stock, shares authorized

60,000,000

60,000,000

30,000,000

Common stock, shares authorized

60,000,000

BASIS OF PRESENTATION AND SUM_4

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)	6 Months Ended
	Jun. 30, 2019shares
Potentially dilutive securities	1,706,077,707
Warrants [Member]
Potentially dilutive securities	10,000,000
Convertible Notes [Member]
Potentially dilutive securities	316,077,707
Series A Preferred Stock [Member]
Potentially dilutive securities	1,380,000,000

BASIS OF PRESENTATION AND SUM_5

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1) - USD ($)	Jun. 30, 2019	Dec. 31, 2018
Fair value of convertible notes derivative liability	$ 5,183,458	$ 2,215,376
Level 1 [Member]
Fair value of convertible notes derivative liability
Level 2 [Member]
Fair value of convertible notes derivative liability
Level 3 [Member]
Fair value of convertible notes derivative liability	$ 5,183,457	$ 2,215,376

BASIS OF PRESENTATION AND SUM_6

BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2) - USD ($)	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018
BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2)
Balance, December 31, 2018	$ 2,215,376
Additions recognized as debt discount	500,000
Derivative liability settlements	(1,133,187)
Mark-to-market at June 30, 2019	3,601,269
Balance, June 30, 2019	5,183,458
Net loss for the year included in earnings relating to the liabilities held at June 30, 2019	$ 3,601,269	$ (67,271)

INVESTMENTS (Details Narrative)

INVESTMENTS (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended		13 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Feb. 22, 2019	Dec. 31, 2018
Investment	$ 60,000		$ 60,000			$ 60,000
Total value of common stock issued			1,966,341
Total revenue	856,859	$ 311,237	1,119,749	$ 500,120
Net loss	(7,418,493)	$ (764,979)	(8,685,846)	$ (1,098,387)
Direct Solar, LLC [Member]
Investment description					(i) to pay the Sellers that number of shares of Company common stock equal to $2,040,000 (based on the average closing price of the Company common stock during the five trading days immediately preceding the closing of the transactions contemplated by the Asset Purchase Agreement), (ii) create a subsidiary (the “SUB”) and issue the Sellers equity interests in SUB equal to ownership of Forty Nine Percent (49%) of SUB; both subject to adjustment, and (iii) providing SUB (within 14 days of closing of the transactions contemplated by the Asset Purchase Agreement) with $250,000. The Company agreed to that it shall reinvest into the SUB its portion of distributions of Net Cash Flow (as defined in the Operating Agreement of the SUB), if any, up to two hundred and fifty thousand ($250,000) per quarter, up to a total of seven hundred and fifty ($750,000) Dollars.
Total purchase price	2,066,341		2,066,341
Cash payment	$ 100,000		100,000
Total revenue			85,784
Net loss			(145,023)
Contributed net loss			$ 73,962

CONVERTIBLE NOTES PAYABLE (Deta

CONVERTIBLE NOTES PAYABLE (Details) - USD ($)	Jun. 30, 2019	Dec. 31, 2018
Total convertible notes payable	$ 2,478,749	$ 1,798,249
Less debt discounts	(949,365)	(1,141,396)
Convertible notes payable, net	1,529,384	656,853
Less current portion of convertible notes	(29,384)	(156,853)
Long-term convertible notes payable	1,500,000	500,000
Convertible Notes [Member]
Total convertible notes payable	10,500	10,500
Convertible Notes Payable One [Member]
Total convertible notes payable	303,249	547,749
Convertible Notes Payable Two [Member]
Total convertible notes payable	495,000	670,000
Convertible Notes Payable Three [Member]
Total convertible notes payable	$ 1,670,000	$ 570,000

CONVERTIBLE NOTES PAYABLE (De_2

CONVERTIBLE NOTES PAYABLE (Details 1)	Jun. 30, 2019USD ($)
CONVERTIBLE NOTES PAYABLE (Details 1)
2018	$ 29,384
2019	1,500,000
Total long-term debt	$ 1,529,384

CONVERTIBLE NOTES PAYABLE (De_3

CONVERTIBLE NOTES PAYABLE (Details Narrative) - USD ($)	1 Months Ended		6 Months Ended
	Apr. 30, 2018	Aug. 25, 2017	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Amortization of debt discounts			$ 780,086	$ 219,475
Accrued interest			233,718		$ 96,100
Interest expense			182,932	$ 58,539
Accrued expenses			920,185		1,345,567
Credit Agreement [Member] | ThirdParty [Member]
Accrued expenses			$ 39,499		$ 52,989
Debt refinanced amount	$ 65,000
Credit agreement description	Under a credit agreement with another third-party, payable in weekly payments of approximately $800 through July 2019.
Funding Purchase Agreement [Member] | Jiffy Auto Glass [Member]
Proceeds from convertible notes payable		$ 100,000
Loan cost		37,000
Total loan payable		$ 137,000

DERIVATIVE LIABILITY (Details)

DERIVATIVE LIABILITY (Details)	6 Months Ended
	Jun. 30, 2019
Dividend yield:	0.00%
Minimum [Member]
Term	6 months
Volatility	119.70%
Risk free rate:	1.92%
Maximum [Member]
Term	1 year
Volatility	132.80%
Risk free rate:	2.63%

DERIVATIVE LIABILITY (Details N

DERIVATIVE LIABILITY (Details Narrative) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
DERIVATIVE LIABILITY (Details Narrative)
Fair value of convertible notes derivative liability	$ 5,183,458		$ 5,183,458		$ 2,215,376
Gain (loss) on change in fair value of derivative liability	$ (2,984,286)	$ (130,487)	$ (3,601,269)	$ 67,271

STOCKHOLDERS DEFICIT (Details N

STOCKHOLDERS DEFICIT (Details Narrative)	Jan. 03, 2019shares	May 31, 2019USD ($)shares	May 23, 2019shares	May 16, 2019$ / sharesshares	Jun. 30, 2019USD ($)integer$ / sharesshares	May 14, 2019shares	Dec. 31, 2018USD ($)$ / sharesshares	Aug. 31, 2017shares	Jul. 20, 2016shares	Jul. 01, 2013shares	Oct. 17, 2007shares
Preferred stock, shares authorized					60,000,000		60,000,000			30,000,000
Common stock, Par value | $ / shares					$ 0.0001		$ 0.0001
Common stock, shares authorized					2,000,000,000		2,000,000,000	2,000,000,000	1,000,000,000	500,000,000
Common stock, shares issued					1,596,090,921		1,236,319,023				24,196,000
Common stock, Shares outstanding					1,596,090,921		1,236,319,023
Preferred stock, Shares Issued					55,200,000		50,950,000
Preferred stock, Par value | $ / shares					$ 0.0001		$ 0.0001
Preferred stock, Shares outstanding					55,200,000		50,950,000
Common stock shares issued, fair value | $					$ 159,609		$ 123,632
March 1, 2019 [Member] | Consultant [Member]
Share price | $ / shares					$ 0.10
Issuance of common shares for services, Shares					8,000,000
Common stock shares issued, fair value | $					$ 800,000
In January and February 2019 [Member] | Investor [Member]
Debt conversion converted instrument shares issued					85,213,147
Debt conversion converted instrument, amount | $					$ 369,500
Number of investors | integer					2
Class A Stock [Member]
Preferred stock, shares authorized					60,000,000		60,000,000		30,000,000
Common stock, shares authorized									60,000,000
Convertible stock, shares converted	1,750,000
Preferred stock, Shares Issued					55,200,000		50,950,000
Voting rights, description
Preferred stock, Par value | $ / shares					$ 0.0001		$ 0.0001
Preferred stock, Shares outstanding					55,200,000		50,950,000
Convertible stock, terms of conversion feature					Each share of Class A Stock is convertible at any time into 25 shares of common stock, totaling 1,380,000,000 shares of common stock assuming full conversion of all outstanding shares
Common stock shares issued upon conversion of convertible stock	10,500,000
CEO [Member]
Common stock shares issued upon conversion of convertible stock			100,000,000
Convertible stock, shares converted			4,000,000
Directors [Member] | Series A Preferred Stock [Member]
Preferred stock, Shares Issued		10,000,000
Compensation expense | $		$ 3,100,000
Direct Solar, LLC [Member]
Acquisition shares				156,058,751
Share price | $ / shares				$ 0.0145

RELATED PARTY TRANSACTIONS (Det

RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)	6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Dec. 31, 2018
Due to related parties	$ 798,324		$ 645,788
Accounts payable related parties	128,818		146,635
Repayments of related party debt	6,465	$ 10,000
Accrued expenses, including accrued officer salaries	920,185		1,345,567
Accrued interest	233,718		96,100
ShieldSaver founder [Member]
Due to related parties	32,020		32,020
DIGS founder [Member]
Due to related parties	7,718		10,738
Accounts payable related parties	2,892		2,892
DIGS founder [Member] | Sub-lease [Member]
Repayments of related party debt	0	$ (11,375)
CEO [Member]
Accrued expenses, including accrued officer salaries
Due from related parties	705,000		585,000
Accrued interest	$ 53,586		18,030
Interest rate	12.00%
CEO and President [Member]
Accounts payable related parties	$ 16,619		30,287
Accrued expenses, including accrued officer salaries	$ 462,211		$ 349,000

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Details Narrative) - 2999 North 44th St Phoenix AZ 85018 [Member]	6 Months Ended
	Jun. 30, 2019USD ($)ft²
Lease area for office space | ft²	1,400
Monthly rent | $	$ 3,376
Lease expiry term	Sep. 30, 2019

REVENUE CLASSES (Details)

REVENUE CLASSES (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2019	Jun. 30, 2018	Jun. 30, 2019	Jun. 30, 2018
REVENUE CLASSES (Details)
Retail			$ 79,973	$ 64,556
Distribution			454,172
Services			585,604	435,564
Total	$ 856,859	$ 311,237	$ 1,119,749	$ 500,120

SUBSEQUENT EVENTS (Details Narr

SUBSEQUENT EVENTS (Details Narrative) - Subsequent Event [Member] - USD ($)	Jul. 05, 2019	Jul. 02, 2019	Jun. 30, 2019
July and August 2019 [Member]
Common stock shares issued upon conversion of convertible stock			25,000,000
Convertible stock, shares converted			1,000,000
Lease Agreement [Member]
Mothly rent		$ 2,400
Rent maturity date		through June 30, 2021
Proceeds from Iliad Note	$ 250,000