Solar Integrated Roofing Corp (SIRC)

[price_and_volume]

Thx CH, that's a great tweet.

...I can't go into detail due to confidentiality, but Brad's failure/refusal/whatever to keep shareholders in the loop is highly irresponsible. All I can say is... that the latest quarterly filing shows that Brad has run this company straight into the ground.

Fwiw, "running a company into the ground" isn't illegal.

In fact, in OTC Pinks it's par-for-the-course.

And "lack of information" is a weak defense for all those OTC investors always waiting on "company updates".

There are no secrets, and the price-charts clearly indicate what insiders already know.

Ihubbers should learn 2 easy lessons:

1. Don't buy downtrenders
2. Don't hold on to downtrenders.

GLTA

[creakyhottie]

$SIRC Update: All round shitty news. First, I was fired last week. The circumstances were such that I will be suing Brad. More once that's filed.

This week the judge dismissed the Massey case. It was WITHOUT prejudice. Meaning the judge knows there's a there there, but seems to…

— Law Office of Jason Ostendorf LLC (@LawOfficeJasonO) September 14, 2024

[DAVID2213]

Did you see where they dismissed that bogus case against Massey. They just keep wasting money..Idiots

[CashCowMoo]

holy cow! .0001? i thought years ago everyone said this was going to dollars?

[PEMBROKE1]

Hi, I think that most people left on this board realizes that there has been a large downturn since the first quarter of the year. (which did suck). I am surprised that they even filed a second quarter Quarterly Report.
Anybody left on this board is waiting to see the end of a long ride.
They have no cash, and they have no assets left. All they have is twice as many lawsuits as they had at the end of the first quarter...
They needed something so they through in a Notes Receivable of $4,200,000 saying Arbiter will pay it during their fourth quarter. (a never ending story)

The question is will there be a Fourth Quarter?

[shajandr]

I have now read thru that quarterly report completely, including the misspelling of "Brain" for "Brian" in a table therein. Here is the scoop:

These clowns (SIRC) will, repeat will be going bankrupt soon. Very soon. Most likely before the EOY or, best case, in 1H2025.

This is nott a guess. This is math. I suspect these jackholes are just buying time in the hope they can come up with a viable reorganization plan that will pass muster to support a Chapter 11 bankruptcy and save their own yobbs. Reality indicates to me that such a hope is extremely unlikely to prove viable and this turd will wind up in Chapter 7 liquidation bankruptcy, regardless of how it is initially filed.

Financially, this turd is dead - right now just the walking dead - a zombie. It is an airplane at 30,000 feet that has lost its wings and engines. It will inevitably crash and burn, butt it can stay airborne for a cuppla minutes or seconds more.

SIRC baggholders in this metaphor are the passengers in the plane looking ~OUTT the windows and seeing no wings and no engines, just watching the ground come up fast.

At this point, it is OK to scream.

These folks at least had an engine and wings, SIRC baggholders don't have either. SIRC is ground-bound in the express lane.

[price_and_volume]

They weren't "solar", they were "fraudulent solar financing".

Chickens come home to roost.

[shajandr]

SIRC is transitioning into the bankruptcy business.

Where is that ole Cherry?

[PEMBROKE1]

It appears that SIRC is not into Solar anymore.

The Solar Companies have been sold off.

Now there is only PLEMCO and Montross Co.

I think it would be better for SIRC to become a Law firm.
by looking at how many lawsuits there are against them.

[PEMBROKE1]

SIRC'S QUARTER ENDING 6-30-2024

TO BOOST THEIR ASSETS, THEY STILL HAVE DOWN NOTES RECEIVABLE AT $4,200,000.
THE ARBITER LOAN,
(More than half their assets.)


https://www.otcmarkets.com/otcapi/company/financial-report/409671/content

[bell345]

yep the news you're probably going to get here soon as that their bankrupt

[otcsource]

Another stinky pinky it appears!! OY!!

[shajandr]

The solar roofing biz sucks balls now: https://www.cnbc.com/2024/07/19/sunpower-stock-collapses-to-nearly-1-as-company-halts-leases-installations-and-shipments.html

[creakyhottie]

Solar Integrated Roofing Corp. Provides Corporate and Operational Update
HENDERSON, Nev., July 18, 2024 (GLOBE NEWSWIRE) -- Solar Integrated Roofing Corp. (OTC: SIRC) ("SIRC" or "the Company"), an integrated, single-source solutions provider of solar power, roofing and EV charging systems provides update on PLEMCo of joining the Ford Pro EV Charging Program as an authorized Value Added Reseller (VARs).

Pacific Lighting and Energy Management has recently become an authorized Pro™ Charging Value Added Reseller (VARs), making the team positioned to assist California businesses with adding electric vehicles to their fleet operations. The program aims to reduce upfront and ongoing charging costs through the Ford Pro™ Smart Charging Bundle.

Ford Pro™ Smart Charging Bundle is now available for businesses in California to lower upfront and ongoing EV charging operational costs.
The new program offers free commercial-grade Ford Pro™ chargers for home or worksite charging to software subscribers.
The Ford Pro™ Smart Charging Bundle offers a free Ford Pro™ 80-amp charger for worksite charging, to Ford Pro™ Charging software subscribers enrolled in applicable energy management programs, a first-in-the-nation program established for depot fleet customers in California.

PLEMCo is committed to simplifying the electric transition for businesses, and the Ford Pro™ Smart Charging Bundle offers tailored EV consulting and a portfolio of integrated charging hardware and software solutions. The team can design, implement, and operate solutions for Ford and other brand vehicles to help businesses ensure that fleet vehicles are charged optimally and ready for work when they need them.

Ford Pro™ Charging software monitors millions of data points per day to continually improve the EV charging experience for commercial customers, empowering businesses to customize and manage their EV and charger performance.

"Our team is focused on easing the transition to electric for business and government customers, and the Ford Pro™ Smart Charging Bundle is an excellent way for California businesses to jump on board," said Julie Brehm, SVP Sales & Marketin

[lucky, mydog]

lololol. did you see what happened to another scam basile was promoting?

SEC Charges Meta Materials and Former CEOs with Market Manipulation, Fraud and Other Violations

https://www.sec.gov/news/press-release/2024-77

FOR IMMEDIATE RELEASE
2024-77

Washington D.C., June 25, 2024 —
The Securities and Exchange Commission today filed charges against Meta Materials Inc. and its former CEOs, John Brda and George Palikaras. The company has agreed to settle the SEC’s charges in an administrative proceeding, while the SEC’s litigation against Brda and Palikaras will proceed in federal district court.

The SEC’s complaint against Brda and Palikaras alleges that, as a result of a concerted market manipulation scheme, Meta Materials, a Nevada corporation headquartered in Dartmouth, Nova Scotia, Canada, raised $137.5 million from investors in an at-the-market (ATM) offering in June 2021 immediately prior to the merger of Brda’s Torchlight Energy Resources Inc. and Palikaras’ Metamaterial Inc. that formed Meta Materials.

The SEC’s complaint, filed in U.S. District Court for the Southern District of New York, alleges that Brda and Palikaras planned and conducted the manipulative scheme that included, among other things, issuing a preferred stock dividend immediately before the merger. The complaint alleges that Brda and Palikaras told certain investors and consultants—and hinted via social media—that the dividend would force short sellers to exit their positions and trigger a “short squeeze” that would artificially raise the price of the company’s common stock. The SEC further alleges that Brda and Palikaras also misrepresented the company’s efforts to sell its oil and gas assets and distribute proceeds to preferred stockholders, giving investors a false impression of the value of the dividend. While investors held or bought the company’s common stock to receive the dividend, the complaint alleges, the company was cashing in by selling $137.5 million in an ATM offering at prices that the company, Brda, and Palikaras knew were temporarily inflated by their manipulative scheme. “We have two days,” the complaint alleges Brda told Palikaras after the first day of the ATM offering, “to take advantage of the squeeze...”

“The conduct we allege was a sophisticated, yet brazen plan by a public company and its former CEOs to purposely mislead investors in the company’s stock,” said Eric Werner, Director of the SEC’s Fort Worth Regional Office. “This conduct is particularly alarming because it involves public company CEOs who were more concerned with ‘burning the shorts’ than creating long-term value for shareholders.”

The SEC’s complaint charges Brda and Palikaras with violating the antifraud and proxy disclosure provisions of the federal securities laws, and charges Brda with aiding and abetting Meta Materials’s violations of the reporting, internal accounting controls, and books and records provisions. The complaint seeks permanent injunctions, officer-and-director bars, and civil penalties from both defendants. The complaint also seeks disgorgement with pre-judgment interest from Brda.

The SEC also instituted a separate administrative proceeding against Meta Materials, entering a settled order finding that Meta Materials violated the antifraud, reporting, internal accounting controls, and books and records provisions of the federal securities laws. Without admitting or denying the findings, Meta Materials was ordered to cease and desist from violations of the relevant provisions of the federal securities laws and to pay a $1,000,000 penalty.

The SEC’s investigation was conducted by Christopher Rogers and Ty Martinez of the SEC’s Fort Worth Regional Office under the supervision of Samantha Martin, B. David Fraser, and Mr. Werner. The SEC’s litigation against Brda and Palikaras will be conducted by Patrick Disbennett and supervised by Keefe Bernstein.

A separate Commission investigation regarding subsequent events related to Meta Materials (MMTLP) remains ongoing. If you are an individual with information related to this investigation or any other related suspected fraud and you wish to contact the SEC staff, please submit a tip at SEC.gov.

[shajandr]

FLOORLESS financing Death Spirals end only one way,

No retail investors survive.

Cherry, where ya at, child?

[JMCK6193]

Wow, this POS still trading? It's a scam you bunch of morons. SMH

[lucky, mydog]

G e r r y. where are you?

[lucky, mydog]

who was it that thought .0001 was a bargain?

[Nighthawk_1]

DAMN, FINALLY!!! Won't see anything higher now. BYE-BYE BABY...LOL

[lucky, mydog]

yup. there it is.

[lucky, mydog]

quad zeros? quint ahead.

[Lime Time]

Bigass vol. Zero bid 😅

[lucky, mydog]

Would like to see a take-off.

of course you would.

[lucky, mydog]

i know, right? only people who bought without knowing a goddamn thing should be allowed to post.

[JMCK6193]

And Mr.Gullible for you. Lol

[Nighthawk_1]

Maybe we should vote for Sainthood for you then...LOL

[JMCK6193]

Not anymore, I lost my ass here three years ago and I'm still pissed off about it. Lol
Don't want newbies to make the same mistake I did.

[Nighthawk_1]

It must have some value. You're here. LOL

[JMCK6193]

Total scam lol

[Nighthawk_1]

If this isn't a company, then why are you here complaining? And why are there shares trading? Is this people just throwing paper back and forth. What a waste of trees. LOL

[JMCK6193]

Bahahahaha what company? This is just another basement scam run by a 40-year-old adolescent still living with his mommy.

[Nighthawk_1]

Bottomline is, either support the company or get off the pot and leave...LOL

[Nighthawk_1]

Hopefully, we get some news soon, or something. Would like to see a take-off...LOL

[Nighthawk_1]

I wonder what I would get if I placed an order for .01...LOL

[price_and_volume]

Lol that's awesome, thx for that one.

Looks abandoned, but that never stops folks from posting on those boards, ever hopeful...

Ihub full of bagholderz from '21 when every scam ran bigly and those that chose to believe never sold.

[LizzyLizzaro]

Even better.... https://www.otcmarkets.com/stock/FTEG/security

[lucky, mydog]

[price_and_volume]

He was responding to my off-topic linked stock.

We were discussing ridiculous O/S, and I mentioned $PLPL which is even more ridiculous.

[lucky, mydog]

How is it even trading at .0004?

it's not. it hasn't touched .0004 since march 25th.

[price_and_volume]

Pumpers & true-believers I guess...

WHOA! 44 BILLION O/S? Now THAT is criminal. How is it even trading at .0004?

Whatever - $SIRC is a different story: a solar-financing ponzi that ripped off retail consumers and possibly paid pumpers to run it.

Different shit, same result.

GLTA

[CashCowMoo]

WHOA! 44 BILLION O/S? Now THAT is criminal. How is it even trading at .0004?

[price_and_volume]

If you think that's funny, you'll love this:

20 billion A/S should be illegal for penny stocks. This is just ridiculous.

https://www.otcmarkets.com/stock/PLPL/security

[CashCowMoo]

20 billion A/S should be illegal for penny stocks. This is just ridiculous. I remember years back when this was promoted hard...im sure it was paid promoters were claiming this was UPLISTING LMAO

[price_and_volume]

Old news I guess. Make that nearly 7B...

I see 5.5 BILLION O/S.

Geez that's some epic dumpage last coupla weeks.

$SIRC has turned into a case-study lol.

[PEMBROKE1]

Looks loke someone wanted to get rid of about 80,000,000 at the end of the day

[Nighthawk_1]

Finally got my 1's. Been waiting for quite some time.

[maynerd]

Why is this thing still trading... This company has obviously mislead their Investors.

[Nighthawk_1]

Don't know. Haven't kept up lately.

[uksausage]

Did SIRC install the 6 or 7 chargers that Pete B was talking about? Maybe they have the contracts but cannot execute them as they are SIRC and revenues dont matter