ESG stock news-Solar Integrated Roofing (OTC: $SIRC) Discusses Acquisition & Upcoming Uplist with The Stock Day Podcast
The Stock Day Podcast welcomed David Massey, CEO of Solar Integrated Roofing Corp., who joined Stock Day host Everett Jolly.
Solar Integrated Roofing Corp. (OTCMKTS: SIRC)
PHOENIX, AZ, UNITED STATES, April 1, 2021 /EINPresswire.com/ – Solar / EV Stock News from Investorideas.com Newswire and RenewableEnergyStocks.com – Solar Integrated Roofing Corp. News (OTC: SIRC): The Stock Day Podcast was welcomed to Solar Integrated Roofing Corp, a one-stop, integrated solar and roofing installation company specializing in commercial and residential real estate in the Southern California market. David Massey, the company’s CEO, joined Stock Day host Everett Jolly.
Massey began the interview with an explanation of the company’s background and current projects. “We are a roofing and solar company. We mainly focus on Southern California but have expanded to the east coast and have some businesses in the southeast, ”said Massey. “We’ve also expanded into EV charging networks and recently acquired an EV charging company. We have a few more on our radar to look at.”
Jolly then inquired about the acquisition of Cornerstone Construction, a leading provider of roofing and solar solutions in South Carolina. “We’re excited on several fronts,” said Massey. “Cornerstone Construction’s core team is first class. They are run by Hunter Ballew, an industry leader, ”he continued. “We look forward to expanding to the Southeast,” added Massey. “We are also happy about the income. Cornerstone Construction made nearly $ 3 million in the first quarter and typically generated 10% of its revenue in the first quarter, ”he said. “You will have an explosive year and we are delighted to have you on board at SIRC.”
“When will this revenue fall on your balance sheet?” Asked Jolly. “Our fiscal year for 2022 started on March 1st, so all of 2022 will be revenue from Cornerstone Construction.”
Jolly noted that the company recently completed the review process and submitted its Form 10. “What does this mean for shareholders and when will OTCQB be included?” Jolly asked. “The SEC has a 60 day waiting period as it goes through the filing and the process, and they must also review Cornerstone Construction as part of the process,” said Massey. “That means that very shortly after that time we will register with the OTCQB and be a fully reporting company.”
The conversation then turned to the company’s expansion into the charging industry for electric vehicles. “We are happy to be in this market. We recently acquired a company called PLEMco in Southern California, ”said Massey. “I think it’s going to be an explosive growth area for us, and we’re also looking at several other EV charging companies around the country to get this,” said Massey.
“Do you expect challenges to be faced in the next two to three quarters?” Asked Jolly. Massey stated that the company is currently holding announcements of upcoming acquisitions while the SEC is processing Form 10. “Once this quiet period is over, we will make a significant number of announcements about some of the acquisitions we are making and we will see tremendous growth this year.”
“What are you planning to do after listing the company for the OTCQB?” Asked Jolly. “We really hope to be on NASDAQ this year and we are now working with our attorney to get those pieces in place,” said Massey. “We qualify to attend NASDAQ in every way, apart from our share price. However, I think that with the acquisitions we’re making and the earnings we’re going to report, our stock price could get there. “
At the end of the interview, Massey said the company will continue to grow and expand and is focused on becoming profitable through a large volume of sales in 2022.
To hear the full David Massey interview, follow the link to the podcast here:
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About Solar Integrated Roofing Corp.
Solar Integrated Roofing Corporation (OTC: SIRC) is a one-stop, integrated solar and roof installation company specializing in commercial and residential real estate in the Southern California market. The company’s wide range of solutions includes the sale and installation of solar systems, battery backup and charging stations for electric vehicles (EV) for roofers, HVAC and related electrical installation work. For more information, please visit the company’s website at www.solarintegratedroofing.com.
All statements made in this press release that are not historical facts contain certain forward-looking statements. As such a term is defined in the Private Security Litigation Reform Act of 1995, which addresses potential developments that have an impact on the business, prospects, financial condition and other aspects of the company to which this news release relates. Actual results on the specific items described in this press release, and the company’s business in general, could differ materially from those projected in such forward-looking statements. The company disclaims any obligation to update the information contained in forward-looking statements. This press release is not intended as a general solicitation.
Investor Relations Contact:
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Stock Day Media
Via Investorideas.com and http://www.renewableenergystocks.com/
Dawn Van Zant
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April 01, 2021, 12:15 GMT
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