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Solar Integrated Roofing Corp. is an integrated, single-source solutions provider of solar power, roofing and EV charging systems. $SIRC
Anybody who has been watching SIRC's Stock knows that when the market is way up for the day SIRC's stock is usually down.
When the market is way down for the day SIRC is usually up. The reason this happens is that when the market is way up for the day nobody wants to buy a shitty stock.
If the market is way down for the day some people will take, chances on penny stocks. In this case a single penny stock.
FLOORLESS financing DEATH SPIRAL in effect here.
This guy has been winning cases against toxic lenders. Falls under ususry it seems
IF SIRC follows this Board, may want to talk to him
Mark R. Basile, Esq.Mark R. Basile, Esq.
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Securities Litigation and Public Company Mergers and Acquisitions Attorney - Former Law ProfessorSecurities Litigation and Public Company Mergers and Acquisitions Attorney - Former Law Professor
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Toxic convertible note lender and alleged Securities Act violator, LG Capital Funding, Inc. loses its attempt to quash a subpoena that will be served on the Securities & Exchange Commission seeking documents representing all note and securities transactions from the SEC regarding LG's business transactions with over 200 OTC Markets Group issuers. The SEC had undertaking an investigation into LG's securities and convertible note lending business and has recently sued LG in federal court for engaging in dealer activities as a business without first registering with #FINRA. Our client, $ELED was sued by LG in 2017 and LG secured a judgment for more than $735,000.00. That judgment was lated vacated by the court based on our #adarbays case. Our client then amended its answer to include federal civil RICO claims against LG and its managers. The court in denying LG's motion to quash, recited the Adar Bays New York Court of Appeals decision wherein New York's highest court said examination of other similar transactions by a lender is fair game in assisting a court to determine (criminal) usury. Attached is the courts decision and order. #LGCapital #criminalusury #evidence #proof #convertiblenote #securitieslitigation #RICO #unlawfuldebt #loanshark #securitiesviolator #markets #pubco Office of the New York State Attorney General U.S. Securities and Exchange Commission FINRA Small-Cap Institute Small Cap Equity Advisors - 30 Yrs. $JOEY $VNUE $FNGR $MULN $GNS $COSM $VERB $WDLF $BBIG $SAKL
The verbiage that SIRC uses when they talk about the Tribecca Energy Transaction doesn't sound to confident..They always say something to make you less confident of the transaction.
Now it's (we anticipate).
Neo and Tribeca are putting $SIRC in a position to merge and up list.
Mr Walnuts
Hopefully, if they can get their act together, perhaps we s/h of SIRC get a better percentage of the proposed combined entity.
"The current executive management team of SIRC is focused on three core operational initiatives," said Brad Rinehart, Chief Executive Officer of SIRC. "First, we are working to generate revenue growth across all our verticals as we move toward the next phase of our agreement with Tribeca Energy. To enhance our residential roofing and solar sales, we are reinvigorating and scaling our residential sales teams in California, Texas, and other markets throughout the U.S. Additionally, SIRC has launched a direct-to-consumer inside sales and service team targeting residential renewables origination as well as sales of SIRC's financial services products. We are also reallocating capital to move several large-scale commercial projects forward while continuing to scale our new financial services product offerings after its successful launch in May.
LOLOL!! What blatant utter nonsense! Hahahahahahaha!!!
We’re delighted to announce that Neo Energy Storage Ltd is supporting Tribeca Energy in providing a binding letter of commitment to uplift Solar Integrated Roofing Corp (OTC:SIRC) to list on the NYSE/Nasdaq by October 30, 2023
Did not realize he forfeited his common shares as well.
Also, What is this----Second, we are focused on improving our balance sheet by reducing our short-term debt, including the retirement of high interest debt through a court-approved share sale
HENDERSON, Nev., June 15, 2023 (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, provided an update on its operational initiatives and leadership transition.
Operational Initiatives "The current executive management team of SIRC is focused on three core operational initiatives," said Brad Rinehart, Chief Executive Officer of SIRC. "First, we are working to generate revenue growth across all our verticals as we move toward the next phase of our agreement with Tribeca Energy. To enhance our residential roofing and solar sales, we are reinvigorating and scaling our residential sales teams in California, Texas, and other markets throughout the U.S. Additionally, SIRC has launched a direct-to-consumer inside sales and service team targeting residential renewables origination as well as sales of SIRC's financial services products. We are also reallocating capital to move several large-scale commercial projects forward while continuing to scale our new financial services product offerings after its successful launch in May.
"Second, we are focused on improving our balance sheet by reducing our short-term debt, including the retirement of high interest debt through a court-approved share sale process as well as restructuring certain debt for more favorable terms. These actions will free up additional capital which will allow us to accelerate the key projects I mentioned. To assist with the debt refinancing, SIRC recently engaged Firebird Partners, a Los Angeles-based investment fund focused on fueling high-growth opportunities. We plan to use every means at our disposal to increase shareholder value prior to the Tribeca Energy valuation and aim to limit short-term dilution.
"Finally, we are committed to improving our level of service while lowering our operating costs. We are reviewing existing supplier relationships to improve material costs and are engaging strategic partners to provide us with high-quality outsourced work while leveraging their improved equipment costs. To improve our overall customer experiences, we also incorporated better performance KPIs for both internal and outsourced crews," said Rinehart.
Leadership TransitionOn May 15, 2023, the Company's Board of Directors announced key changes to SIRC's management team in tandem with Dave Massey's resignation from his positions as CEO and CFO, including the appointment of Brad Rinehart as CEO, Wanda Witoslawskias as CFO, and Troy Clymer as President and COO. Mr. Massey subsequently resigned from his position on the Board of Directors and retired his Preferred A shares and his common stock. He currently continues to hold Preferred B shares but has no other involvement in the Company.
"SIRC has recently undergone several transitions in leadership, including several short-term management teams," continued Rinehart. "The current Board of Directors and executive team is committed to piloting SIRC both to the Tribeca Energy transaction and to operate SIRC long-term following sound business decisions that aim to improve our revenue and operating profit profile. We believe this transition to a more traditional approach to managing this business will create stability for our employees and will have an overall positive effect on shareholder value as we focus our attention on the Tribeca Energy transaction which we anticipate closing this fall."
$SIRC has recently undergone several transitions in leadership, including several short-term management teams,” continued Rinehart. “The current Board of Directors and executive team is committed to piloting SIRC both to the Tribeca Energy transaction and to operate SIRC long-term following sound business decisions that aim to improve our revenue and operating profit profile. We believe this transition to a more traditional approach to managing this business will create stability for our employees and will have an overall positive effect on shareholder value as we focus our attention on the Tribeca Energy transaction which we anticipate closing this fall.”
that is complete and total bullshit. that has less than nothing to do with sirc.
SEC finally going after $SIRC naked short sellers https://www.sec.gov/files/litigation/complaints/2023/comp-pr2023-107.pdf
To enhance our residential roofing and solar sales, we are reinvigorating and scaling our residential sales teams in California, Texas, and other markets throughout the U.S. Additionally, SIRC has launched a direct-to-consumer inside sales and service team targeting residential renewables origination as well as sales of SIRC’s financial services products. We are also reallocating capital to move several large-scale commercial projects forward while continuing to scale our new financial services product offerings after its successful launch in May.
$SIRC Provides Corporate and Operational Update
https://marketwirenews.com/news-releases/solar-integrated-roofing-corp-provides-corporate-and-7207859650231868.html
According to the New York Times, the E.P.A. may be enacting new rules to ramp up electric vehicle adoption tenfold.
— Solar Integrated Roofing Corp (@SIRCStock) April 14, 2023
Find out if EV chargers are right for your business: https://t.co/6XNgp7C8aM#evcharging #sirc #plemco pic.twitter.com/OLOH4eDuEM
Global Funds LLC and Tribeca Energy is committed to working with Solar Integrated Roofing Corp. (SIRC) to help them grow and scale their solar operations by bringing them onto the NYSE/Nasdaq in 2023.
$sirc strong
lolol. what a pile of crap. that has less than zero to do with sirc and you can't show otherwise.
At least he is honest
On April 14, 2023, the Company executed Amendment to Amended and Reins Buy Out Agreement dated June 27, 2022 with granite Global Value Investments Ltd. Where Granite Global shall convert $30,000 of their convertible note into 30,000,000 unrestricted common shares and all debt the Company owes Granite shall be cancelled except for a remaining balance of $127,500.
Proof it never happened
I believe the exchange to Granite Global was 30,000,000 not 4,000,000 common shares. as said on April 20,2023
That 4 million for $14 million exchange never happened. It was a lie.
Time will tell .. a buyout is the best bang for the buck here imho. Good Luck $SIRC
The credit trade announced 4/20 where 4 Mil shares were traded for $14M promissory note would seem to imply that Granite Global valued the shares at around $3.50 or some lower discounted value. What do we as shareholders hope to gain from this merger? I would expect some very high nr of SIRC shares to become a very low nr of Tribeca shares at some low value - or will they just disappear completely leaving us with a total loss? Could we possibly wind up owning something that will make money? Since I paid for my position during the $3 rise, I am just waiting to see if there will be anything left.
$SIRC is getting bought out! HUGE
When I saw this morning's PR, I said to myself what are they really talking about. I then realized it was their Invision of the future.
I also have an Invision of the future. Like why did I buy this shitty Stock?
$SIRC & Tribeca Energy to be formed into a holding company represented by Global Fund LLC & Neo Energy storage Ltd.
Tribeca Energy shall consummate a merger agreement to list on the NYSE/Nasdaq by October 30, 2023, pending completion of all relevant/necessary documents, and no later than 12 months from the time of the LOC. Following the execution of the definitive agreements, Tribeca Energy expects to execute a two-phase operational strategy focused on creating a vertically integrated energy company.
HENDERSON, Nev., June 13, 2023 (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, provided a corporate update relating to its recently announced execution of a binding Letter of Commitment (“LOC”) with Tribeca Energy, a to be formed holding company represented by Global Fund LLC & Neo Energy storage Ltd.
As previously disclosed by the Company, Tribeca Energy shall consummate a merger agreement to list on the NYSE/Nasdaq by October 30, 2023, pending completion of all relevant/necessary documents, and no later than 12 months from the time of the LOC. Following the execution of the definitive agreements, Tribeca Energy expects to execute a two-phase operational strategy focused on creating a vertically integrated energy company.
“For the initial phase of Tribeca Energy, we envision building a core portfolio consisting of approximately six companies,” said Joe HQ Luong, Partner at Tribeca Energy and NEO Energy Storage Ltd. “In addition to Solar Integrated Roofing Corp., we are targeting various companies across the alternative energy supply chain including the mining, manufacturing of key component parts for batteries, energy storage technology including Vanadium Redox Flow Battery, wind and solar companies, and companies in the distributed energy sector, to construct our primary portfolio. We anticipate these transactions will include share exchanges that are structured similar to our agreement with SIRC, as well as several cash-only acquisitions. We are looking to raise approximately $100m via a PIPE Pre-IPO. Accredited investors who are interested in participating in this PIPE investment should contact the team at MZ North America. Post IPO, each of the portfolio companies will submit their additional capital raising requirements for Tribeca Energy to do a Rights Issue.
“Additionally, Pre-IPO, our focus will be on the integration of all operating companies into one working platform. This process will include the assembly of an executive management team with C-suite experience at NYSE/Nasdaq-listed companies to oversee the broader platform. In this phase, we will also begin integrating an additional subset of companies that are currently targeted to be combined with Tribeca Energy.
“In phase two, we will seek to bolster the platform with approximately six additional companies from various regions, broadening Tribeca Energy’s global presence.
“Ultimately, our vision for Tribeca Energy is to achieve the decarbonizing of the energy grid by focusing on renewable energy, long-duration energy storage (LDES) solutions, and distributed energy supplies to transform the world economy by building a sustainable future through energy security. The U.S. Department of Energy classifies LDES at 10 hours of duration or more. The technology and batteries that Tribeca Energy will bring to market will be rated at 40 hours or more, creating a benchmark for energy storage. We are highly confident in our ability to realize this vision with our agreement with SIRC creating a solid base for Tribeca Energy. We are working diligently to execute our multi-pronged approach alongside Brad Rinehart, Troy Clymer, and the rest of the SIRC team to build a new vertically integrated energy company,” concluded Luong.
$SIRC Provides Update on its Agreement with Tribeca Energy
https://www.globenewswire.com/news-release/2023/06/13/2687132/0/en/Solar-Integrated-Roofing-Corp-Provides-Update-on-its-Agreement-with-Tribeca-Energy.html
lololol. everyone is free to believe whatever conspiricy theory they wish.
Most investors are done with the SEC too. A corrupt bunch of assholes
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