Someone was just posting about a possible 2 for 1 reverse split. That wouldn't help. It would be around 10 to one, maybe more.

They have fiddled and stalled, and procrastinated for so long about the up list, I also find it practically irrelevant. If they wanted to make it happen, they would have done it already. So, now I'm just not listening any more.

When we buy shares, we underwrite the company. Some in a larger way than others.

It could be a SWIFT issue. I get transfers from the UK frequently and they come through it. This 'ghost like' Arbiter Bank that doesn't exist on Google or anywhere it appears, was found by someone on here listed at a PO Box in the Caribbean. So, in order to send it internationally they would have to use the international financial transfer system.

These guys sign lots of papers, have they actually finished any projects?

A Post Office Box address? And the box number is SHARED with another bank on the list?

I posted last night that I was AOK, but beginning to change my mind. It just seemed a bit lackadaisical while throwing around multi-million numbers.

Maybe yes, maybe no. The SEC's role would not be to resolve the issue. They would provide substantiation for prosecution. It also might freeze any activity on the stock. In my experience, they are doing just fine by taking him to court. He could still go bankrupt on the company and be found liable but not end up paying a dime. We would be best off, IMO, hoping that it all gets settled in our favor and then goes away! SIRC management needs to not let these things happen again. It was always a bit weird that he was promoted as the second coming out of nowhere without a substantial company! IMO

Ah, yes, I was pointing that out as interesting (to me) as they had just disclosed the move for the HQ on the Q&A, and then there it was in print in the court document!

An hour and half. I missed the first few minutes so didn't hear the introductions. Was the banker actually there? Did they say why he wasn't?
Not impressed with one of them not being able to temporarily answer questions because he "had to move the garbage bin for the pickup truck" Just a tad unprofessional there guys! Makes you wonder.

They seemed to work well together, get along as a team for sure. Upgrade in less than a month, possibly future sales of the solar contracts for cash now, (big long term deal), overall an impressive Q & A, forward looking, exciting. Rather humanizing of the management, (letting an obscenity fly out), HQ now in Nevada, nearly 650 employees. Hard to remember it all. And a legal stop on paying Hunter his exorbitant cash out. Hopefully lessons learned with that one.

I think the questioner, did a great job. He was real familiar with the company himself, possibly biased, but nevertheless, well organized. Definitely listen to this if its posted anywhere if you have invested in the company. I'm in, and I'm staying in.

Thank you, most enlightening. Of course that is the complainant's POV, but it does look like a very basic attempted fiddle!

In reference to the Q&A, its interesting that the headquarters of SIRC is listed in Nevada, "a Nevada company" !

Oh please, no more audit sagas! The last time it was a topic we went round house for nearly six months, I'm STILL not sure if it was ever released!

Love the name, "Uh Clem". I wonder if anyone else gets it! "This is worker speaking" LOL!

Massey, or any CEO of a public company, should not put the shareholders first. The growth and stability and health of the business comes first. Shareholders lend the company money, and benefit from a growing, well run business. If, just for example, they went bankrupt, guess who gets paid last? And its usually nothing as others, legally, soak up the assets first. Right, shareholders get paid last. In running the business, he really shouldn't be thinking of PPS, but of what is good for the business. They are not always the same.

Mike, solar is not inexpensive. That's why there are, still, tax incentives. Once installed and working, maybe, but getting there is big bux.

Painting the tape? I don't think so, volume rate is healthy and steady!

TAN, which is a fund comprising solely of solar stocks, is up nearly a full percent today. (Its been suffering along with all of us for most of the year)

Is there news changing the dire California news from the other day?

I'm also glad that you are coming out of the medical storm, Tim. I'm a bit stuck in the stock as well. Bought as it came down from the $3 high early in the year. I'm going to wait till I have owned for the year, see what's up then, like February I think, and act. Purchased between 60c and 70c. Many thousands. Too many. There are people who posted on this platform that were either paid pumpers or cult members. Private islands, yachts, it really got out of hand. They became a part of the stock promotion machinations and lost all perspective. I think the final straw for me was this debacle of a contract with the young ex-marine, who gets millions, I think. For What? But the pumping crew were touting him as the new stock savant.
Well, glad you are oozing out of the dreamworld of COVID. Reality awaits! Keep the sarcasm coming, its actually quite funny and probably therapeutic!

Tier change? I like that one myself. Sounds more impressive.

On the road in America. (Actually in Kenosha at the moment) Hadn't checked in over a week. I see nothing has changed, though if anything, things are worse due to the absence of anything positive. Like Morgan Freeman as Red says in "Shawshanks Redemption", Hope is a very dangerous thing around here!

Great info. Thanks for taking the time to post that!

Hey Timmy P., I do get a laugh at your sarcastic videos and links. I'm glad to see you can find some humor in the pain. I'm beginning to write off my investment in this outfit. I'm holding, but more and more the behavior is very questionable. Luckily for me, the sting isn't as great as yours. The beginning of the conversion for me was this nonsense with Hunter. This guy is likely to walk away with millions. After doing, well, next to nothing for SIRC. I heard his Marine training did him well in the paintball games though!

What is this company? Solar names that just do roofing. EV charging bits and pieces that is still be formulated. No focus. Reaching for the sky on a ladder made of balsa wood and thumbtacks. There's an expression in the UK to describe expensive fronts without financial supports: All fur coat and no knickers!

This is a greater volume rate than yesterday, almost twice the level!

My diagnosis, for what its worth, is broker orders from that large number of original debt holders/early investors, whatever you want to call them, bailing out. Why, because they envisioned the SP being able to withstand this amount of sales due to the recent good news. They felt the SP could withstand these large sales and that there would be buyers. And it appears to be the case, the sales are being snapped up. And even appears to have found a bottom.

So Timmy, no, I don't believe its because these holders suspect doom in the future and are bailing out for that reason. They are bailing out, but only because they can, and have realized very good profits, probably retaining holdings too. Wall Street rule #1, its never bad to take profits.

And I read the PR today, as the company saying "We are pressing on, we are on the job, and working for the future".

I'm holding. I do believe there is a rosy future for this outfit, hopefully in the NY's. Which isn't so far away really!

I'm an old geezer, not sure how to do links. But check message #23055 on this board, another poster seems to have done it. I think it was on Stock Twits too.

Arbiter is not a bank. Its a group of Wall Street sharpies who invest!

No neither do I. I saw it included in the brief given a few days ago at the micro conference (I think) on Facebook. I said to myself that is huge, and expected it to be all over this site and 'Twits, and it now seems lost in the ether! Maybe someone will ask today. I'll be busy I'm afraid.

I agree. I hope it is Arbiter Capital. I saw a small mention of it on the FB page and figured it would be all over. And I do think it is a big deal that this financial would jump so much on board. They are not lending the full amount, they are allowing SIRC to use what they need, when they need it, up to the amount. Its a much better deal.

Over .60 again! This is good. New pattern.

Catching up on the day's posts here, so replying to this now. Don't know if the discussion was carried further.

Yes, for sure, the spike in Feb for SIRC was absolutely part of a greater phenomenon. Nothing whatsoever to do with what SIRC did itself. (Other than be in the Solar sector at the time of a new Democrat President.) One other amazing solar action was SUNW, one that I was able to capitalize on thank goodness. And, it also has drawn back considerably but able to retain a greater share price than before the spike.

check out post # 21631 for my take on it.

It was a little bit of a ramble to be honest, walking and talking at the airport on a selfie stream.

Hunter's response was on FB. I think I got it through the SIRC group page. He spoke for 15 minutes or more. The main point I got, is that he says he has now declined the million dollar earnings for next year. He did not say what it was replaced with. That's all well and good, but I do think investors have a right to know what the current agreement is. And, actually, it should come from the company. HB seems sincere and busy with his RoofCon, and now another new venture called "Impact", but remains invested in SIRC. He does not say what that currently means. Emotionally, financially? So thank you Hunter for that long explanation from you on your way to Texas. Good luck to you. I feel the onus is on SIRC management to explain and tell their investors the change and new nature of the agreement.

He is a speaker at the next Roof Con, coming up this Fall. If SIRC paid (over paid) him $40,000,000.00 and was hoping to benefit from his energy in the growth of the company, then it should have been written into the agreement. There is more to this story for sure.

They may be able to know a running tally of how many are left unsold. I think. But they are owned by the early investors, and as such, those owners can, and will, decide when to sell them, how many, or how long to hold. That's their option. Massey can't control that.

I'm sorry but I'm beginning to question the caliber of people we have on board.

Hey, Dunkurque, was not as bad as all that. They rescued nearly 400,000 from out of the jaws of defeat. Raised the morale of the country etc etc.

There are other disasters that one can choose to make a good analogy about this. Ones where all the goodies are lost. And the collapse is quicker than expected, and people cannot escape. And many blithely refused to see what was in front of their eyes, looking with rose colored glasses at the future rather than the present. Assuming early gains were the start of something bigger. Managers signed anything to win the present while mortgaging the future.

Well said. I also feel this 'buy back' is not your usual buy back program either. But in a strange way, its actually a positive thing towards eliminating the future threat of further dilution. Not from a position of strength, but as a defensive action. I'm holding, and can wait.

This board is for the discussion of a particular stock, SIRC. Peter did that in detail, and knows what he is talking about. Those loans that got the company started, loans of stocks for capital, they are now coming back to be paid at huge multiples. Thats how all/most companies start. This is the period now when the piper needs to be paid. All this nonsense about evil MM's is quite nonsensical to the degree it has been taken. Some on this board spend more time fantasizing about Caribbean holidays than seriously discussing the stock and its struggles. So when a participant now starts to explain the dilemmas of paying back the original loans to start up, you shut them down?? Shame. Think of the huge lump sum that Ballew needs to be paid, when, is it next Spring? Millions. Early growth in companies is commonly handicapped by agreements for investment at the beginning. I'm long, with a substantial holding, but I'm by no means blind to the fact that there is serious risk in the company. It is not the sure thing that many imply.

Wouldn't the total gain be $13,684.82, not $23K+

Oh how sad. I had a loss myself this week, and I can relate to the numbness. Take care of yourself at this time.

AND hike the Share Price up!! (Imp in my book!)

I'm in that club as well. Have been for a while. This constant agonizing over the micromanagement not being done immediately is just not productive for sleeping at night. If people find they worry too much, sell and put your money in a fund or the bank.

The problem is that some of the expectations had become very demanding and assumptive of an earlier move to the Naz. I like it, move to the QB now and get off the damn pinks, work on machinations of the company and bring SP to a nice number avoiding reverse you know what. This is good. Very good. Next summer we will all be in the gravy.

My priority has always been getting out of the PINK. Whether by way of QB or direct. However, as I said earlier today, if there was a way to get to NASDAQ without reverse splitting, that would sure be optimum. Big time. I can wait, as someone just said a few messages ago, maybe another dip, and I would take advantage of it again. My share count remains under 50K, but if it roller coasters down again, I'll exceed that as a last buy in!

Some logic, but another consideration for the Shareholders should be Share Price. If they can get it be $3.50 or higher AND MAINTAIN THAT, it would preclude any reverse you know what. If it takes the QB to help with that agenda, then I'm for it.