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Dave is going off what he has been told by the bank. Have you ever been told something Rza that got delayed for whatever reason?
Remember the audit? That got delayed and delayed too and then what happened?
The loan may not matter as much if we keep bringing in million in profits. Q1 earnings out in a few days. Will know soon enough...
Go SIRC!
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Timmy....
This is a company that produced an audit that you said would NEVER come through!!!!
This is a chat board. This ihub has virtually no effect on share price until someone comes on here and starts to try and find information about SIRC. Then when another one and another one and another one and another one comes on here looking for information IT DOES HAVE AN EFFECT!!!
Tim...you do know that SIRC has verified audited revenue that grew 388% in 2021 to $84.2 Million; Net Income Grew to $19.9 Million. YOU KNOW THAT RIGHT?
You also know that SIRC has a toxic lender (that Peter and Brett Rosen, smart investors, have TALKED ABOUT AT LENGTH) that has been systematically selling SIRC every day causing the stock to go down and down....you do know that right???
Yes...you are right...Dave made a mistake taking that loan but at the time it kept the company going.
I think you also know that SIRC is one of the very few OTC companies that is audited and profitable. What do you think might happen to share price when the funds come through to pay off the toxic lender....? "But Trip...we have been waiting forever for those funds to come through". Yes we have...just like we waited forever for the audit to come through....until it came through....just like the funds will.
More news like all the other news that didn’t happen?
The big difference is that SIRC stock is making money while SING stock is losing money. Same industry, but different management. SING WITH negative net income, SIRC with POSITIVE net income.
I do hope that those that have SING stock will recoup their investment, but with Wil in the house, I wouldn’t count on it.
48 million in revenue, 18 million in profit, SIRC fundamentals have not changed and just getting stronger. Q1 big earnings due out in 5 days, $42 million low interest non-dilutive loan getting ready to drop any day. Toxic lender who has been systematically selling our share driving price down is about to be eliminated.
Can't take the pain of having to wait so long? Fine...do what you have to do. Have a nice day!
If you would like to file a formal complaint with the SEC about misleading PR's and public statements, here is the link:
https://www.sec.gov/oiea/Complaint.html
They will contact Wil Ralston and request a reply to any complaint filed. The more complaints they receive, the better.
Wil Ralston has consistently said things that can be used in a complaint if they are mis-leading. He has said plenty and promised much that can warrant an SEC complaint.
Just like before .3800 is the real test. We close above it we will know something is truly happening!
I am hearing you...I do believe a lot is going to be answered over the next two weeks. AFTER news comes out Arbiter/bank, up-listing, etc. let us know here on the board any other concerns/questions that you feel did not get answered in the PRs and I will see if I can help get them asked at the next Q&A. Appreciate your insights Peter!
Hi Peter...agree it is important and has been discussed in other places. It will be asked for sure at the next Q&A. I am very hopeful however when Tony is eliminated, share buybacks begin, uplist to the QB and continued profitable earnings come out May 15th, we won't need a RS. Time will tell...
Ha...you have got to be kidding! It's fantastic news to be one of only 16 companies in the United States authorized to potentially supply over 500,000 EV charging stations across the country over the next decade....huge potential!
It was a great way to end the week today...someone liked the news!!
Wow...what a nice close!!! Over 300,000 shares bought in the last 5 minutes. Up 3.7% for the day. Sooo much to look forward to...
Don't have any timeline lowandaway for when it will hit $12.00. I just feel very strongly it will some day. Of course it could happen fast if we get bought out... No matter...exciting times ahead!
Thank you WeTheMarket for posting this!! For those of you who don’t know “Darren“ is the president of Arbiter bank that is mentioned in the post…
You all can believe in SIRC or not… I don’t care. With or without you sometime over the next 30 days the match is going to be lit and this rocketship is going to takeoff…
No truer words were spoken... "it's not staying at these levels much longer. Lmao!"
Just like the audit...the $42 million from Arbiter is taking forever and a day to happen...but it's gonna happen...or the backup bank will step in. When the money drops with no warning and Toxic Noteholder Tony, the systematic seller, is wiped out and then $10 million is used to buy back shares....what do you think might happen to share price? Same goes for up-listing to the QB...it has taken forever but it too is gonna happen. Hmmm...April 15th will be the time they show Q1-earnings.....how many millions do you think they are gonna make this time in profit?
Hmmm….Tony really liked the news too.
His days are numbered….
Your argument makes zero sense… ZERO! He is a manipulator because he’s down millions of dollars and now he wants to “win over the public“??? How is winning over the public going to get his money back? Ridiculous! Yes…he is an investor just like you and me and wants the stock to go up…so what!!?
Yep...couldn't stand it and had to pick a couple more up. Got lucky at .3200. Up to 39 shares now....Whooopeee!!!
Not bad for a guy living in a cardboard box under a bridge just outside of Philly....
Saaa-Wheat Close!!!!
Loss? No sir...profit!
Net income for fiscal 2021 was $19.9 million, or $0.05 per share as compared to a net loss of $7.7 million, or $(0.05) per share for fiscal 2020.
Yesterday the broad market was down heavily and we still have a toxic note holder so no surprise we were down yesterday.
Dave said in the last Q&A that we should know something about Arbiter sometime between tomorrow Thursday and next weekend. Remember earnings are also due out on the 15th of May. QB up-list any day now as well....
Good news is coming!!! Don't believe it? That's your choice. Now that the audit is out I believe 110% more good news is on the way....
Wingnut...sincere question for you here... Let's just assume price does goes back up (I know that's a big assumption for you), do you plan to bail out at even (I think you said that would be around $1.35) and thank God you got your investment back or do you plan on holding on for longer term gains?
Mr Wingnut...you can be very funny!! Appreciate that..
I know your frustration level is "off the chart" with SIRC. By the grace of God and a few charting skills my buy in is a lot lower than yours so has been easier to wait this thing out. I think we are all going to be very happy soon however....
Well we all certainly know big news is coming...not a matter of IF...just a matter of WHEN!!!!
Soon...very soon....
Yeah...the checks in the mail and SIRC is up...Don't wait for it Lwe6638 cuz when that check arrives you will buying this little stock at a lot higher share price IMHO... Good luck!
Pablo has brought nothing but solid deals and money to SIRC. You are aware I hope that our toxic debt is about to get wiped out shortly.... Yes...yes I know we have all heard that week after week...but just like there were lots of delays for the audit...it did get done. Same thing is gonna happen for the 42 million Arbiter money. When it suddenly comes you will have no chance of buying shares of SIRC at these levels....seriously man...think about coming on board with us. As long as the sun shines the future is bright for SIRC!
Well that's great to hear Sammy as he must be doing a great job finding them at the Gin mills!! Audited Revenue Grew 388% in 2021 to $84.2 Million; Net Income Grew to $19.9 Million!!!!
Hey I'll sell you that Snickers bar for 100 shares SIRC that you keep talking about!!!
This statement is FALSE! The courts don’t agree with you…
Personally, I am VERY interested in what Mr. Rosen has to say in this situation. He has $9.5 million invested in SIRC. He has Dave’s ear. He has lots of connections with investment banks. He has lots of experience investing in microcap companies. So yes….please send the “short order cook” and the “head chef” to my table so I know what they’re both thinking… At this stage of the game it’s more about what the players are thinking. Cold hard statements of facts are hard to come by as this is a tiny OTC pink company and things are very fluid at this stage of the game…
No… An RS is NOT inevitable!! Were you listening to the Q&A? We are waiting for Arbiter money to come through or a back up bank to pay off the toxic note holders sometime in the next two weeks. (Systematic selling every day of our stock will be gone). We are about to up-list to the QB. We have another expected massive increased earnings coming out in May… And now one of SIRC’s biggest investor is encouraging Dave to grow organically through stock buybacks as opposed to a RS… He even gave an example of a stock that went from pennies to $19 organically through stock buybacks… All of this is likely to happen in the next 30 days… but who knows…maybe none of this happens… We simply don’t know right at this moment what’s going to happen… NOTHING is inevitable…
Hmmm....I see...excellent excellent...hmmm I see...
BrettRosen325 — Today at 1:22 PM
I expect a share buyback to start not long after Arbiter funds hit.
Earlier...
BrettRosen325 — Today at 12:49 PM
Check out the E$$XPI chart from Feb 2015 as they did the exact same thing in preparation for their uplist. Hammer the ask and buyback shares
E$$XPI went from $0.27 to $19 all on the OTC Markets.
When Brett was asked... "Is it possible for you to arrange $10M for SIRC for share buyback?."
BrettRosen325 — Today at 12:54 PM
Yes, even more than $10m
Someone commented...."It’s also a blessing to have your connections with the investment bankers. Protecting yourself as an investor also protects us..."
BrettRosen325 — Today at 12:57 PM
Exactly. If all of our interests are aligned then no one gets screwed
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I'm already anticipating all the cynical comments that are about to come after posting this... Good...go find another stock at.30 cents that is audited and profitable. Once we rid ourselves of the toxic note holders we are going up IMHO...
You bet...good stuff!!!!!
Yes… They very much brought up the low share price! Stock is tanking because of the relentless selling by Tony the toxic note holder. Having price this low stops them from everything they want to accomplish. That is why it is so important for them to get the arbiter money…but now they have a new US Bank that will get the job done if Arbiter continues to delay past this month. The main goal is to have a fantastic uplifting to the NASDAQ… doing that brings in institutional money. They are now talking about the possibility of share buybacks to get price up once Tony is gone…
Do you realize right now as we type back and forth there is a public Q&A going on discussing financing for SIRC with the CEO and Brett Rosen??
Whether anyone likes it or not....SIRC is going up once the toxic notes come off the books. This is their number one goal right now... Btw...the possibility of a stock buy-back has been discussed instead of an RS... RS is NOT set in stone. Everything is on the table. Who knows....ANYTHING IS POSSIBLE HERE...but it's all good!!!
You already know the answer...
481,223,590 OS
Hmmm....what have they done with those shares? A LOT!!!
Audited Revenue Grew 388% in 2021 to $84.2 Million; Net Income Grew to $19.9 Million
We are about to pay off ALL OF THE TOXIC NOTES!!!! If Arbiter 42 million does not come thru by the end of next week we have a new bank that is stepping up. Don't believe it??? Good!!!