Solar Integrated Roofing Corp (SIRC)

[creakyhottie]

We are experiencing some delays related to securing access to the property to start the project. This is due to several factors beyond SIRC’s control

What the heck is that?

But happy to see a professional update from the company

[Charlie V]

HENDERSON, Nev. , June 01, 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, today issued a project and business update letter to shareholders from the Company’s Chief Executive Officer, Brad Rinehart , and President/COO, Troy Clymer . Going forward, SIRC management plans to issue monthly updates on major projects and overall business operations.
Dear Shareholders,
SIRC, under my administration’s leadership, will focus on timely and transparent communications with shareholders, stakeholders and all involved with the success of the Company. Communication is core to our focus on organic growth, efficiency, and culture. Our leadership team is dedicated to unlocking the potential of our Commercial and Industrial pipeline, our EV and Small Commercial division as well as our fast-growing services, claims and financial services divisions. In addition, we expect our residential solar and roofing business to continue to grow as we expand into new markets. We remain committed to maximizing shareholder value and providing regular updates as we continue to work hard to strengthen our balance sheet, raise strategic capital, and align with opportunities that allow for exponential scale. The team is focused on delivering on our commitment to become a world class clean energy conglomerate.
Commercial Project Update:
The Calaway Farms project remains active in our project portfolio. SIRC has completed the design and engineering phase of the project and has negotiated terms for the 8 Mw solar array. As with all large-scale energy projects, the path to completion can be somewhat unpredictable. We are experiencing some delays related to securing access to the property to start the project. This is due to several factors beyond SIRC’s control. The project is now expected to begin construction in the third or fourth quarter of this year. Calaway and SIRC remain committed to moving this project forward and will continue to work together to make progress on this new agricultural initiative.
The Lordsburg Green Hydrogen project currently remains in the development phase. We are actively working with our development and project teams, including partners, to advance this project. We will continue to provide regular updates on key milestones.
PLEMCo recently completed the EVSE Project at the Barstow Veterans Home which successfully passed final inspection this past week. Next week, PLEMCo starts the EVSE project at Olive View Hospital which represents a $600,000 opportunity. PLEMCo has also completed four additional commission-only EVSE locations for the contracts with Los Angeles County .
MacKay Roofing is completing the first of three buildings on a commercial contract valued at $1.4 million in addition to the residential roofing projects in their pipeline.
Milholland Solar , as expected, has experienced a slight slowdown due to the new regulations in the state of California . That said, the firm has added two additional Battery Installation crews to support the growth in that portion of their market. Solar sales are increasingly opening new markets outside of California as well. Geographic extension remains a major focus for our residential and SME commercial division.
Balance and SIRC’s shared services division has generated dramatic increases in volumes, revenues, and profit margins. This was due in part to synergies across our businesses and the strength and maturity of the Balance brand. The services and claims administration areas leverage our strong relationships with contractors across the nation and have benefited from the active storm season thus far this year in the US. Looking ahead, we expect the Balance and SIRC services division to continue to deliver strong revenue and profitability growth this year reflecting the recently successful launch of SIRC’s new Finance Division. The pending launches of additional SIRC Finance and Balance Finance by SIRC product solutions in mid-June and throughout July will further enhance growth and near-term cash flows.
The new management team at SIRC remains committed to open and transparent dialog with our shareholders. Looking ahead, we remain focused on improving shareholder communications, particularly as it relates to providing regular updates on important topics.
Sincerely,
Brad Rinehart & Troy Clymer
Chief Executive Officer & President

[dealerschool2006]

I don't do LinkedIn...any time there's a deal made with another company peeps should verify with said company... especially $SIRC...

[price_and_volume]

I'm surprised you got ZERO replies to this...

what needs to be done is verification with Tribeca to make sure this deal with $SIRC is real...

There's a contact link on this page: https://globalfundpe.com/transactions

Or you can try here: https://www.linkedin.com/company/tribeca-global-spac-fund

Let us know what you learn, thx.

[price_and_volume]

I read it and quoted the important part.

Most likely no one read it.

[PEMBROKE1]

Hi price_and_ volume,

Below is an exact message I left on this board on the May 28,2023.
I was hoping that on the message you read that people would automatically understand that if it happened it could take up to two years to complete by reading it.
Most likely no one read it.

I hope everything goes through alright. But knowing SIRC who knows?
Even if it happens it could take two years for the Up-list. From their information below.

"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 this LOC."

[price_and_volume]

Very unlikely imo. "Completion" will never happen.

...pending completion of all relevant/necessary documents...

Sounds like typical pump-it-but-cover-your-ass nonsense that we've all heard a 1000 times over decades of of trading OTC.

GLTA

[lowandaway]

There is nothing to keep the price from continuing to drift down. I agree with your analysis!

[creakyhottie]

Lowandaway

What is there to keep the price up, or even steady.

Company basically stated they have little cash to move forward, the SPAC deal was so nebulous that no one can value what it means to SIRC shareholders. I wonder if it was even done with the new management's consent, as it was Massey's last act before he cancelled his Preferred A (voting control) stock. The CEO basically said we will not hear from him for 90 days.

So why should anyone buy. And if no one buys, gravity will just inch it downward.

[lowandaway]

Great day today. Down only 1/2%. That's a victory for this thing!

[Ecomike]

Still here. Still long, Just been super busy saving the world...

Still watching L-2, and I saw the recent news a week ago.

[shajandr]

Asked and answered. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=171949871

[lowandaway]

Down another 7% today. How low will it go now? Are we headed for a 52 week low?

[PEMBROKE1]

The best thing SIRC can do is buy back each of my shares at $1.50.

And please.no more bull shit PR's

It appears that some shareholders are not reading this quote from their last PR.

."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 this LOC."

[1dollar]

Sure you are

[budfoxfun]

Loading up this week!

$SIRC

[bluebird50]

Eco… you still here? I like when we’re in the same sand box!!

[ckmseven788]

Why Wednesday?

[Siggy3]

Suspect they will sell off units for their profit.

[Big RDC]

GOING TO BE SOME VERY HEAVY VOLUME WEDSDAY GOING WITH THE FLOW $$SIRC$$

[PEMBROKE1]

I hope everything goes through alright. But knowing SIRC who knows?
Even if it happens it could take two years for the Up-list. From their information below.

"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 this LOC."

[Big RDC]

https://www.wicz.com/story/48970070/merger-commitment-signed-with-tribeca-energy-plans-of-nysenasdaq-up-listing-solar-integrated-stock-symbol-sirc

[RammageRaul]

Appreciate the welcome :)
SIRC

[Big RDC]

YOU CAME TO THE RIGHT PLACE BRO $$SIRC$$

[RammageRaul]

Gonna be slappo the ask next week I like dark rogue unpredictable tickers
SIRC

[PEMBROKE1]

Hi jethro123,

The news came through the GlobeNewswire on May 25, 2023, at 8:30 AM ET

Where did you post it 10 hours before?
It wasn't on this board.

U HAVE - NOTICE I PREDICTED THE MERGE 10 HOURS BEFORE IT WAS POSTED - SAYING THE POLLACK SHUD MERGIT - ooooooooooooooooooooHOOHOHOHO!!!!!!!!!!!

[Big RDC]

LOTS OF VOLUME AT END OF DAY FOR ONE, BUY OUT FOR TWO $$SIRC$$

[lowandaway]

Why do you think that?

[Big RDC]

I THINK WE WILL SEE SOME .03s NEXT WEEK $$$

[Big RDC]

I AGREE BRO $$SIRC$$

[ckmseven788]

.02s are getting loaded. Peeps were trying to get shares at .0195, but big orders wouldn’t fill that’s when we saw big orders show up at .02 on the bid IMO. Then it got painted down at EOD. Whales loading in my opinion…

[PEMBROKE1]

Hi The_Edge,

It doesn't matter if there is good news or good PR or even if they said they were going to the New York Stock Exchange.
At the last 5 minutes of the trading day (every day) there is a sell off.
The stock gets either crowded with ask bids or the ask bids give into the bids which keep dropping because they know the asks are running scared., causing the stock to go down.

[lowandaway]

Well, that was a nice one day rally!

[The_Edge]

It appears to be carefully accumulated in such a way as not to garner much attention..
It’s very strange the way its trading, as if someone is taking control of the shares.
Jmho

[PEMBROKE1]

When I went to read the new messages, I thought I was on the wrong message board.

[Big RDC]

https://www.wicz.com/story/48970070/merger-commitment-signed-with-tribeca-energy-plans-of-nysenasdaq-up-listing-solar-integrated-stock-symbol-sirc

[droopyeyes]

U ok ?
Nice fobby picture Bill !

imo

[BEIJING BILL]

Why is it moving? .. why why yu keep asking .. just because thats why. Vhen kimchi milanire aktivashion takes notices ... stocks go up ...lucky i guess

Bonzaii ...

[droopyeyes]

Move on what ?
Fluff news ?

Don't think so

imo

[BEIJING BILL]

.0238 HOD chee chee cheee

[Big RDC]

$$SIRC$$

[BEIJING BILL]

.0223 chee chee cheeee

[Caveat Emptor]

Yep.

[bluebird50]

Smart, Not much selling this morning

[Caveat Emptor]

.0219. Here we go.

[ckmseven788]

Tried getting .02s, but ending up slapping the ask. This thing is about to move…

[Caveat Emptor]

GM SIRC

[Big RDC]

GOING WITH THE FLOW $$SIRC$

[Big RDC]

https://www.wicz.com/story/48970070/merger-commitment-signed-with-tribeca-energy-plans-of-nysenasdaq-up-listing-solar-integrated-stock-symbol-sirc

[BEIJING BILL]

MILANIRE AKTIVATION NETWORK VILL BE KOMING IN. EOMM