Solar Integrated Roofing Corp (OTCMKTS: SIRC) took over the BPO (Business Process Outsourcing) company – Balance LLC on May 4, 2021. The company now has unified back office functions for the future and recent acquisitions.
Balance LLC assists contractors in effectively and efficiently managing their businesses.
It has been recognized as a service company for contractors in the United States. The company maintains service relationships with more than 900 contractors nationwide.
It provides industry-leading project management, back office, estimating, billing and administrative services for more than 30,000 jobs.
David Massey, CEO of Solar Integrated, said the company looks forward to quickly acquiring Balance LLC and benefiting from the backend support for its aggressive acquisition strategies. He said the head of Balance, Troy Clymer, is an invaluable asset as he expands his reach in implementing best practices across all SIRC portfolio companies. David will work with Troy and his team to add long-term value to shareholders.
Filing with the SEC to withdraw registration on Form 10
Solar Integrated filed a filing with the Securities and Exchange Commission to withdraw the registration statement on Form 10 on March 11, 2021. This is in light of the Board’s decision to withdraw the registration statement because the latest acquisition reviews could not be completed until Form 10 becomes effective .
Solar Integrated will focus on upcoming acquisitions and complete the audits of the recently acquired companies. The form -10 will be resubmitted with the updated financial details.
David said it was necessary to complete the exam quickly because of the fast pace of acquisitions. The company will also continue to be included in the OTCQB Venture Markets to increase liquidity and create long-term value for investors.
Selects the cryptocurrency partner
Solar Integrated chose Coinbase Commerce as its cryptocurrency partner on April 27, 2021. The company has completed the financial and tech integrations to start testing to accept payments in cryptocurrency at Cornerstone Construction, its subsidiary, from its customers.
Solar Integrated recently acquired South Carolina-based licensed roofing company Cornerstone Construction. Cornerstone has received 5-star ratings for its efficient service in the southern United States since 2017. It offers high quality solutions for commercial and private roof / solar projects.
Cornerstone’s roofing services include installation, inspection, replacement and repair services.