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BrettRosen325 — Today at 1:50 PM
$SIRC UPDATE:
I just had a very productive breakfast meeting with Dave Massey and I am working on helping get a plan in place to pay off harmful debts and possibly buyback some shares!
As for the SWIFT issue, it is being resolved and I am confident that it will be updated on the SWIFT website sooner rather than later! Just a matter of time before the $42m is in hand! This combined with audited financials and getting rid of the selling pressure should make the share price do what we all know it can, and should!
BrettRosen325 — Today at 1:52 PM
Of course. I want everyone to have information as soon as possible.
Upcoming Catalysts Very Near Term by Dewmboom
$SIRC Upcoming Catalysts Very Near Term
— DewmBoom (@dewmboom) April 1, 2022
a. $42M Arbiter Loan (Anytime)
b. CY2021 Audited F (April 4), $85M
c. OTCQB uplisting
d. SEC filing
e. Multiple Acquisitions with binding LOI in the solar and EV charging Space
f. Q1, 2022, report due May 16
Current SP $0.37 with $5 EOY pic.twitter.com/ImN1974bo4
I guess you liked the "vibe" from the other night!
Thank God you still have your shares Mr. Timmy... Just sit on your hands and enjoy the ride...gonna be a long bumpy one going North.
Would really love to hear from all the rest of the gang...ya know Sammy and Mr. Wingnut, Engines, Clem, Low Away, Gumballer...They usually have so much to say about things...
Heavens to Betsy...we are starting to breakout to the upside!!! Who would have thunk???
That being said....we still have major resistance to get thru at .3700.
Cleantech Stock Solar Integrated Roofing (OTC: $SIRC) Announces Impending Filing of 2021 Audited Financial Statements
https://www.einnews.com/pr_news/566908612/cleantech-stock-solar-integrated-roofing-otc-sirc-announces-impending-filing-of-2021-audited-financial-statements
WeTheMarket....thank you for sharing the goodwill article on the board here. Sam did a good job...good solid stuff!
7:30pm Eastern Standard Time...today, 3/29/22...Dave is suppose to be on Discord.
Hello WeTheMarket...the word has it there is no official time set but Dave is just planning on jumping on Discord and make an announcement today and answer a few informal questions for awhile... Some think it will probably happen after the market closes. That's all I got for now...
Timmy my friend… If a “vibe” is what you are basing your trading decisions on… Then I would skip the Q&A and go for a walk instead…
I know it’s been a long wait man… But I don’t think we have long now until we see a significant move up….JMO.
For all of you that think SIRC is such a horrendous investment then SELL and take your loss. Not all investments work out....especially in the OTC Pinks.
For all others...fasten your seatbelt cause our time is here…
IMPORTANT....
BrettRosen325 — Today at 11:26 AM
I have a confirmed call with Dave Massey & Darren from Arbiter @ 1:00pm EST! I will update as much as I can afterwards!
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I am going to be away for a few hours this afternoon so if anyone else wants to report back what he says afterwards that would be great...
Hi Timmy...as I have mentioned in the past we are at important support at these levels @ .3200. Expect higher prices from here going into this critical week of news....
Thank you Voltaic...could not agree more. For any of you that think SIRC is such a horrendous investment then SELL and take your loss. Not all investments work out....especially in the OTC Pinks.
For all others...fasten your seatbelt....
Some more VERY important posts today by Brett Rosen, the owner of RB Capital Partners, Inc....
This upcoming week is shaping up to be a HUGE week for information discovery about SIRC. That in mind I felt it is important for everyone to see these posts and get a better understanding of SIRC's financing situation at this moment in time. Anyone is free to go sign up and read these posts on their own but just wanted to make sure everyone saw them...
Also wanted to thank Brett for his transparency of his thoughts and his company's role in the financing for SIRC. Thank you Brett!!
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Q. How much money does SIRC owe to lenders?
BrettRosen325 — Today at 10:21 AM
Right now $SIRC owes RB Capital around $9,500,000 including interest but the debt converts at $3.00 per share if they don’t pay me back. The other debt are owed to a couple of other “groups” (Granite Partners / Tony toffolon and Jefferson street capital / Mike Goldberg) and that totals about another $15m or so! I do believe some deals have already been made to eliminate a good portion of that debt.
BrettRosen325 — Today at 10:37 AM
It’s probably around $24m total but the $9.5m to RB Capital isn’t dilutive and has no warrants attached to the note.
Q. Do you think an Arbiter loan vs an equity purchase is a good thing?
BrettRosen325 — Today at 10:44 AM
It is nearly impossible for an OTC company to get $42m in equity investments. The most I have ever seen was around $25m ($CYDY) and that didn’t work out too well for the shareholders as the pps is down nearly 90% since then!
BrettRosen325 — Today at 10:44 AM
$SIRC needs investors not money lenders!
BrettRosen325 — Today at 10:46 AM
Money lenders convert/dilute, sell the stock and repeat. It’s a Vicious cycle that most companies cannot overcome. Check out the stock issuances on 6/2/2021 and you will be shocked.
Q. If Arbiter is further delayed or doesn’t happen, what do you think is SIRC’s most likely scenario for raising money?
BrettRosen325 — Today at 10:47 AM
Honestly I think RB Capital will have to come in with a bridge loan (non convertible) to take out out the bad actors.
A little food for thought. Check out these issuances as this is what has been harming $SIRC. Sorry for the bad handwriting but im old school!
BrettRosen325 — Today at 10:51 AM
I wish I got 74m+ shares in the past 27 months for next to nothing! This is also doesn’t count the last issuance a few weeks ago! When I invested in $SIRC they only had 140m in the OS and it’s easy to track where all the shares went.
Q. Does this encourage management to consider a merger / buyout rather than stay in the vicious lending cycle?
BrettRosen325 — Today at 10:52 AM
The vicious lending cycle is coming to an end quickly! Nasdaq will cure all problems and stop the harmful dilution once and for all!
Q. Is a buyout sircs best fate?
BrettRosen325 — Today at 10:53 AM
I think they are more positioned for an uplist to the Nasdaq and then go in an acquisition spree with the S-1 money.
BrettRosen325 — Today at 10:54 AM
I want to be as transparent and helpful as possible as that is how a company succeeds in the public markets nowadays.
BrettRosen325 — Today at 10:59 AM
Bad actors often follow around trends or hot investing sectors so when solar became popular, the vultures started circling. It’s not Dave’s fault as these guys are very good at convincing people they are doing good!
BrettRosen325 — Today at 11:00 AM
Sorry, yes I am the owner of RB Capital. I have one partner Deborah Braun (@deborahrachelb on Twitter). We do NOT have any investors or outside money which is why I have no one to answer to and can come on discord and talk so freely!
BrettRosen325 — Today at 11:02 AM
It’s my pleasure as I understand that we are all shareholders and technically the owners of the company.
Q. Do these lenders typically short the stock?
BrettRosen325 — Today at 11:07 AM
This is the tricky part. If a lender has restricted stock or a promissory note that isn’t overdue yet, and they have shares on reserve with the transfer agent (TA); then a lot of prime brokers and/or offshore brokers will allow these lenders to take long term short positions knowing that the shares can be replaced from the reserve at the TA. This is a pseudo naked short as the shares don’t currently exist but will in the near future (less than 6 months). This is how a toxic lender keeps the price down so when the time comes to convert their debt, they get more shares for their money because it’s often based on the pps and some % discount to that price!
It’s a dirty game and it’s been going on forever. I have NEVER taken a short position in any company I have invested In, or any company period. I am strictly a long investor.
Q. Is Arbiter a good or bad actor in your opinion?
BrettRosen325 — Today at 11:11 AM
I believe it’s the deal is good for the company/shareholders then I am all for it. As I said I am going to speak to the Arbiter guys early this week and get some answers! I will then make my decision but at the moment I am all for it.
BrettRosen325 — Today at 11:13 AM
Always. You guys can always reach out to me on Twitter (@BrettRosen325) or LinkedIn! Feel free to send me emails directly with questions or comments and I will see what I can do to help! My email address is brett@rbcapitalpartnersinc.com.
Q. Has anyone else had any luck getting in touch with those guys?
BrettRosen325 — Today at 2:30 PM
I am not just trying to get in touch with Arbiter, the meeting has been set up by Dave so I am not going to chase them around.
Q. Brett, question for you.. why would noteholders like Tony be selling shares at these prices compared to holding onto them and selling at a higher price? Desperation for money atm?
BrettRosen325 — Today at 2:33 PM
Honestly if you paid less than a penny for you shares, would you really care about waiting it out! Not to mention they always believe they can get more shares.
BrettRosen325 — Today at 2:42 PM
I expect to speak to arbiter tomorrow so I assume Dave will make some updates shortly thereafter
Q. What timeframe do you predict sirc debt structure to be cleaned up?
BrettRosen325 — Today at 3:59 PM
It will all have to be cleaned up prior to a Nasdaq uplist to satisfy the shareholder equity requirement! So I would say less than 12 months for sure.
BrettRosen325 — Today at 4:00 PM
More money and more cash on hand is always good for a company with a acquisition based growth model.
Q. If you find out Arbiter is a fraud and the loan will never happen what are you doing with your investment in SIRC/SOAR?
100% theoretical question, just in case people have trouble with reading comprehension
BrettRosen325 — Today at 4:16 PM
I don’t think that is the case but Theoretically I would most likely help them with another means of financing, maybe a smaller amount but something that made an impact. I would not just abandon a $9m+ investment as Arbiter is not $SIRC
Hi PEMBROKE…yes the posts are located on Discord - MediaTek SIRC chat…
“They will say anything “ …. hmmm yes…thank you for sharing your deep knowledge and insights into SIRC with this board Sammy boy…
Is he allowed to say those things? Yes of course, he’s not part of SIRC. He is an investor of 9.5 million… A note holder…
We are going to learn a lot this week… Q&A Tuesday, Earnings/Audit Thursday along with I’m sure PR’s.
Recent important posts by Brett Rosen, the owner of RB Capital Partners, Inc....one of the investment banks we owe money to. I don't know Brett in any shape or form but thought this would give everyone some credible insights from someone who knows what he is talking about. He has 9.5 million invested with SIRC. Ya'think he might know a thing or two about SIRC??? (you can also reach out to him on Twitter and ask him, himself)
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This starts with posts from another board on 3/15 and ends as of this morning 3/26:
BrettRosen325 — 03/15/2022
I have been getting a lot of DMs on Twitter about the RB Capital debt and other convertible debt owed by SIRC. Please feel free to contact me and ask whatever you want as I am also happy to post copies of my notes for everyone to read! We have NOT converted any of the debt to shares and will not do anything to cause dilution or harm the other shareholders!
BrettRosen325 — 03/15/2022
I think once SIRC completes the 2-year audits, then they will be primed for a Nasdaq uplist this year as Solar heats back up this summer!
BrettRosen325 — 03/15/2022
Honestly I think the walls are closing in on Tony Toffolon and Granite Partners and they are cashing out whatever they can! If you look back they have already been issued 60m+ free trade shares in the past 14 months. And remember that the pps used to be $2+ for a while.
BrettRosen325 — 03/15/2022
Check out the cost basis and the exercise price of the warrants! I would love to have warrants that have a strike price which is a 95% discount from the trading price! I just did a warrant deal and the exercise price was a premium to the IPO price.
BrettRosen325 — 03/15/2022
Remember that SIRC made a lot of acquisitions in the past 12-15 months that ALL need to be independently audited by a PCAOB auditing firm in order to be able to file a Form-10 and uplist! Unfortunately auditors are not usually known for their speedy work!
BrettRosen325 — 03/16/2022
The only other convertible debt is $9,500,000 (incl interest) owed to RB Capital which converts at a fixed price of $3.00/share! We are NOT going to convert anytime soon or do anything that would hinder or harm $SIRC!
BrettRosen325 — Yesterday at 9:56 AM
I apologize if the comment I made about arbiter stirred things up as that was not my intention. I have $9.5m+ invested in $SIRC and am a huge believer in what they are doing. I was just trying to prompt some real answers and I believe that objective will be accomplished. I don’t even know what “FUD” means but it doesn’t seem like I am trying to spread it based on the context clues. Once again I apologize as I just wanted some more concrete answers on the Arbiter funding deal it seems like we have ALL been waiting on! If the funds come in soon it will solve a lot of the downward pressure on the stock!
BrettRosen325 — Yesterday at 10:05 AM
I have been warning everyone about Tony for a long time! I only ever converted 13,800,000 shares of $SIRC and invested $9m hard cash directly into the company for acquisitions and expansion! My conversion price on the $9m+ is $3.00 per share so there will NOT be any harmful dilution coming from me or RB Capital!
BrettRosen325 — Yesterday at 10:13 AM
I know Dave Massey pretty well and he is NOT some dirtbag OTC CEO, but rather a normal guy that just wants to build a successful solar company! He is NOT trying to hurt the shareholders or use the company for his own means; and no one wants the Arbiter deal to close more than him! Solar isn’t going anywhere anytime soon and $SIRC is positioned to be a major player in that market….Then the stock will react accordingly and start heading north for real!
BrettRosen325 — Today at 6:51 AM
I am going to be doing some DD and speaking with the people from Arbiter. I will update whatever I can afterwards for all the $SIRC shareholders!
BrettRosen325 — Today at 6:54 AM
I agree. It’s not short selling that is hurting $SIRC, it’s just plain old fashioned selling! Look at the issuances and it’s easy to figure out who the seller is! I will give you a hint as his first name rhymes with “bologna”!
BrettRosen325 — Today at 8:31 AM
Yes sir! He reached out to me as expected and I think we are going to get some serious updates in the next week or so about Arbiter and the status of the funds!
BrettRosen325 — Today at 8:33 AM
I am going to speak with the guys from Arbiter early this upcoming week and will provide an update and my take on the meeting! Transparency is how you succeed in the markets these days!
BrettRosen325 — Today at 8:35 AM
I am going to get an answer from Arbiter about the SWIFT code and verify where they are in the process! This isn’t my first rodeo and I have learned a lot along the way about transparency and how far it goes with all of us shareholders!
BrettRosen325 — Today at 10:16 AM
Hardly! I just want to promote as much transparency as possible so that everyone has all the info and can make an informed decision to buy, hold or sell!
BrettRosen325 — Today at 10:35 AM
I 100% agree! As long as it’s real then I’m good with waiting. I will provide as much detail as I can next week.
BrettRosen325 — Today at 11:22 AM
I have been getting some messages on Twitter and LinkedIn asking if it’s really me on here. Yes, I am the same person. Feel free to DM me on Twitter to verify for yourself. Thanks again to everyone for all their support.
On MoneyTV with Donald Baillargeon, Solar Integrated Roofing Corporation (OTCPINK: SIRC) COO Troy Clymer announced a pending name change
Wow Mr. wingnut...nice to see you have become a "BULL"!!
Without real, verifiable news from the Company on items such as the audit, OTCQB listing, Arbiter, toxic debt resolutions, cash position, etc, the stock trading chart for SIRC is all we have to go on. It is the clear truth of what is right now. Purely meaningless speculating about fundamentals with lots of "what-if" pontifications which make for slick soundbites.
Likely we get some real news and clarity by the first week of April. As we all know "The stock market is a device for transferring money from the impatient to the patient.” WB
Not the close today I was hoping for but not a disaster. We will take out .3700 but may have to wait till next week... Just have to hurry up and wait some more for now. Being patient is simple buy not easy....
Thanks Splendid88.... Even with the dip we had this morning the OBV continues to climb. What I'm really focused in on right now is the .3700 area of resistance. We smacked up against it this morning and have fallen back a bit at this moment. Would love to see us claw back up near that level by the EOD to set up for a big day tomorrow. Will see how it goes...
DewmBoom....fantastic links!!
Where did you get the one that says:
$SIRC @SIRCStock will have a name change to SOLAREV at solarev.com. SOLAREV will be one of the BIGGEST ENABLER of the NEW energy sector focusing on Solar, Energy Storage and EV charging installations with troops to do the work all over the USA. STAY TUNED!
Is it a PR or on the SIRC twitter feed or you?
You bet!! Got a good feeling about things...
SIRC = SOAR!!!
Soar - verb
Fly or rise high in the air.
SIRC is going up.... At some point it is likely to go back and test .3500 before climbing higher.
Sammy boy...your statements are false. They add zero contribution to the discussion here. Zero.
Solid recovery price action since Tuesday... Very good chance Monday was an important bottom. Will lay it all out in chart before the open on Monday...
ALSO....let's see what happens to SP:
1. After the Arbiter loan plays out.
2. When we pay off all toxic debts.
3. When we know what Q4 earnings look like.
4. When we get the audit completed.
5. When we up-list to the QB.
6. When we start buying back shares and reducing OS.
7. After rebranding into - SOLAREV -
Be patient....none of this stuff has happened yet but it will soon.
Welcome back Timmy! Glad you are in the land of the living!
Just a waiting game here right now so I have not been active on the board until we get news/price action....