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Huge jump today.. ANy news?
$SIRC - Nice day here folks considering the overall markets. Hope we have Arbiter money in SIRC's account today! QB listing, more M&A, more revenues/profits.. All in the right direction.
is this like 6 months low now.. ??
$SIRC.. Blowout Q2 numbers.. Watch it tomorrow... Has grown over 1000% in topline revenue over same quarter last year and has earned $.05 EPS.. $48M revenue and $18M in net profits Q2 report..
https://www.otcmarkets.com/stock/sirc/disclosure
$SIRC.. Watch it tomorrow... Has grown over 1000% in topline revenue over same quarter last year and has earned $.05 EPS.. $48M revenue and $18M in net profits Q2 report..
https://www.otcmarkets.com/stock/sirc/disclosure
Massive REPORT...
Q2 financials are out..48M revenue, 18M Net Profits, Can you believe it???
https://www.otcmarkets.com/stock/sirc/disclosure
Nice info.. Thx for sharing
~50K buy at $1.56
10K for me too today!
ENGA - 1.2M float still?
https://www.otcmarkets.com/stock/ENGA/security
$DOCU - $160 down from $230 level on earnings report.. Down 31.5% Can this go lower?
I bought $1,100 calls when the PPS was 1,065 and sold options when PPS went to to $1,111 towards the close.. Too volatile to hold overnight
Why do you think Arbiter Capital is paying $0.7 per shares (1 preferred shares which converts into 10 common shares at $0.70 cents)? Is it really for sure>
They know that early note-holders got in at 0.02 to 0.10 cents and dumping now at whatever price they get..
The PPS is at 0.42 cents and they can buy tons of them at open market..
Why do they pay 0.70 cents?
What happened on Friday afterhours?
Thanks
Dave says the company is at $100M run rate now (expected $25M in next Q report) and PPS is going for $100M market cap and in wrong direction.
It does not make any sense. Either Dave is lying or MM's manipulate this to death.
is that "they can't or "they don't" need to file such events?
Whats the harm in filings those if they are aiming for higher exchange and transparency?
Why don't they file 8K for these (Farm, Arbiter, etc) big deals? Not required for these companies? I thought they are planning to be on QB and later Nasdaq.
Looks like SIRC is not going UP on any kind of good news unless the early investors stop selling or till they completely sold.. Its really frustrating to see this one bleeds almost everyday even with great news.
are you looking for a gap fill there, at $900 level?
MRIN - $8.0. back in business!
Lucid $LCID $42.40 in AH..
Looks like its going back to 0.70 cents level. Load it and rip it.
was there any new offerings today? How this one came down to $10 levels..??
$OCGN - I'm still holding few since my avg is close to $12. Hope to get some clarity about the revenue potential for this vaccine for OCGN.
$OCGN - 12.55 Cant believe the sell off on WHO approval news for Covaxin.
cant believe the sell off on news.. 12.55
I have to agree that in last 2 days, we have got some great news. $SIRC just need some attention and some big hitters at this time. Where is the Ihub crowd??
OCGN 13.55, down ~13% on WHO approval news. It hit 16 or so in PM. SELL on news, it seems
$OCGN - I did add few more at 14.50..
bid is back to 0.5006 or may go lower at any time just after the burst to 0.56.
I'm in and out OCGN several times in last few months and was holding few for this day!. Lets see where this WHO approval take it. There is a huge potential for PPS to go up. Look at NVAX MRNA etc other Covid vaccine plays
$SIRC - got $42M investment. Huge news out
https://www.accesswire.com/670786/Solar-Integrated-Roofing-Corp-Announces-420-Million-Equity-Purchase-Agreement-with-Arbiter-Capital
$SIRC - Got $42M investment.. Watch..
Solar Integrated Roofing Corp. Announces $42.0 Million Equity Purchase Agreement with Arbiter Capital
6:01 AM ET 11/3/21 | Dow Jones
Proceeds to Drive Share Buybacks, Acquisitions and Continued Organic Growth
EL CAJON, CA / ACCESSWIRE / November 3, 2021 / Solar Integrated Roofing Corp. (OTC PINK:SIRC), an integrated, single-source solar power and roofing systems installation company, announced today that it has entered into a $42.0 million equity purchase agreement with Arbiter Capital LLC, a Delaware investment firm.
Upon entering into the agreement, Arbiter Capital purchased $42.0 million of Solar Integrated Roofing Corp. restricted Series B Preferred Stock, or 6,000,000 preferred shares at $7.00 per share. The proceeds will be used for share buybacks, acquisitions and to invest in continued organic growth.
"The Arbiter Capital commitment gives us the flexibility to invest in our current business, buy back shares and pursue strategies that prioritize growth and other key marketing initiatives," said David Massey, Chief Executive Officer of Solar Integrated Roofing Corp. "The terms of the Agreement provide a low-cost option with no restrictive covenants or warrants. In addition, we have gained an institutional investor that has made a commitment in support of our Company, as evidenced by their investment at a premium to market, as we continue to make progress in the business and build long-term shareholder value.
"In addition, this capital will allow us to procure an office building to consolidate our locations into a more efficient, centralized footprint - which we believe could save us about $300,000 annually. I look forward to continued execution in the months ahead as we strive to create sustainable value for our shareholders," concluded Massey.
About Solar Integrated Roofing Corp.
Solar Integrated Roofing Corp. (OTC:SIRC), is an integrated, single-source solar power and roofing systems installation platform company specializing in commercial and residential properties throughout the United States. The Company serves communities by delivering the best experience through constant innovation & legacy-focused leadership. The Company's broad array of solutions include sales and installation of solar energy systems, battery backup and electric vehicle (EV) charging stations to roofing, HVAC and related electrical contracting work. For more information, please visit the Company's website at www.solarintegratedroofing.com.
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.
Investor Relations Contact:
Lucas A. Zimmerman
Director
MZ North America
Main: 949-259-4987
SIRC@mzgroup.us
www.mzgroup.us
SOURCE: Solar Integrated Roof Corp.
View source version on accesswire.com:
https://www.accesswire.com/670786/Solar-Integrated-Roofing-Corp-Announces-420-Million-Equity-Purchase-Agreement-with-Arbiter-Capital
> Dow Jones Newswires
November 03, 2021 06:01 ET (10:01 GMT)
Great news! Looks like Arbiter decided to pump in more money now, $42M vs $35M.
Good luck
$SIRC - Solar Integrated Roofing Corp. Announces $42.0 Million Equity Purchase Agreement with Arbiter Capital
Solar Integrated Roofing Corp. Announces $42.0 Million Equity Purchase Agreement with Arbiter Capital
6:01 AM ET 11/3/21 | Dow Jones
Proceeds to Drive Share Buybacks, Acquisitions and Continued Organic Growth
EL CAJON, CA / ACCESSWIRE / November 3, 2021 / Solar Integrated Roofing Corp. (OTC PINK:SIRC), an integrated, single-source solar power and roofing systems installation company, announced today that it has entered into a $42.0 million equity purchase agreement with Arbiter Capital LLC, a Delaware investment firm.
Upon entering into the agreement, Arbiter Capital purchased $42.0 million of Solar Integrated Roofing Corp. restricted Series B Preferred Stock, or 6,000,000 preferred shares at $7.00 per share. The proceeds will be used for share buybacks, acquisitions and to invest in continued organic growth.
"The Arbiter Capital commitment gives us the flexibility to invest in our current business, buy back shares and pursue strategies that prioritize growth and other key marketing initiatives," said David Massey, Chief Executive Officer of Solar Integrated Roofing Corp. "The terms of the Agreement provide a low-cost option with no restrictive covenants or warrants. In addition, we have gained an institutional investor that has made a commitment in support of our Company, as evidenced by their investment at a premium to market, as we continue to make progress in the business and build long-term shareholder value.
"In addition, this capital will allow us to procure an office building to consolidate our locations into a more efficient, centralized footprint - which we believe could save us about $300,000 annually. I look forward to continued execution in the months ahead as we strive to create sustainable value for our shareholders," concluded Massey.
About Solar Integrated Roofing Corp.
Solar Integrated Roofing Corp. (OTC:SIRC), is an integrated, single-source solar power and roofing systems installation platform company specializing in commercial and residential properties throughout the United States. The Company serves communities by delivering the best experience through constant innovation & legacy-focused leadership. The Company's broad array of solutions include sales and installation of solar energy systems, battery backup and electric vehicle (EV) charging stations to roofing, HVAC and related electrical contracting work. For more information, please visit the Company's website at www.solarintegratedroofing.com.
Forward-Looking Statements
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company's operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company's dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.
Investor Relations Contact:
Lucas A. Zimmerman
Director
MZ North America
Main: 949-259-4987
SIRC@mzgroup.us
www.mzgroup.us
SOURCE: Solar Integrated Roof Corp.
View source version on accesswire.com:
https://www.accesswire.com/670786/Solar-Integrated-Roofing-Corp-Announces-420-Million-Equity-Purchase-Agreement-with-Arbiter-Capital
> Dow Jones Newswires
November 03, 2021 06:01 ET (10:01 GMT)
OCGN -
This marks another successful milestone. More to come shortly. https://t.co/w3dsKAY78T
— Dr. Raches Ella (@RachesElla) November 3, 2021
OCGN got WHO EUL approval for Covaxin according to a tweet..
No. Thank you!
BBBY AMC GME are flying high AH