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My last call was Thursday the 27th.
I guess I will watch it play out as you suggest. Rev. was 3.5 million for 1 qtr. They resigned 20 million shares last Sept. have not issued more since. Perhaps you missed the dates on the forms you read, as they just caught a trove of them up.
That wouldn’t bother me, would stabilize the price.
My understanding is it only takes .25 to get to The highest level of OTC which I think is QX?
Nasdaq is a different story...I would expect 1 to 2 years before that would be possible just from a pattern of financial reporting history.
ErnieDog, I would’ve said 2 to 3 years outside of an excitable pop, but after today’s news I think it could be less than a year... As always, assuming the news comes to fruition as reported and the revenue is real. Also assuming the deal is accomplished without delution.
It’s almost embarrassing to say in the shadow of Investo’s stack,...
But I adding a little today, at 975k.
Well, they were already on a 20 million rev. run rate....add 6 million per month, you are above 80.
I guess if I were to add anything else, it is that Stockshound is bitter about something.
Nothing but positivity on this board Nancy...
Honestly expected it to hit .10+ today, can’t imagine who is selling unless not paying attention...
Wow, that instantly puts rev. at 80 million.
Up-listing as well.
Good morning SIRC, Let’s blow right through the six’s this week and close in the sevens on Friday.
Good night and good weekend my SIRC Brethren, nice end to the week.
Will be back next week to buy more if it dips, or, and most likely, enjoy the ride!
Doesn’t matter to me, 20 million revenue pace and still under 8 million market cap on a growth stock is unheard of in this high PE market...compared to a lot of stocks I watch that are not OTC, it should be a dollar.
Wow, time to enjoy the ride for me gents. Never quite cracked 7 digits, but close enough.
Except one of the requirements is a .01 share price...which appears will be dropped-below very shorty.
Ha, 3M rev. on a 15M cap?....
SIRC has 20+ M rev. on a 6-7 M cap...
Finally got through the phone today...
Up-listing is still goal for 2020, no real timeframe or details given.
Still booked for work 5 months out.
New Mexico work is essentially being subcontracted until they can make acquisitions in the area.
**this speaks volumes to Sunpower’s confidence in SIRC in my mind.
A lot of companies soliciting to join them...or be bought out. Hopefully they are selective and wise there.
Unclear of their intentions/vehicle to continue growth without dilution, but dilution will hamper ability to up-list, so there should be some natural motivation there.
Website has been an afterthought...I will write the C-suite next, in context of this groups’ concerns. I explained they need to take care of the little things to give new investors confidence.
The Marketing company segment is not a business focus or substantial revenue generator in comparison to core business.
Take Care...
Uplist has requirements they are not even close to achieving.
I am cautiously optimistic, however, I put more weight into debt/cost reduction and revenue increase.
Today is the day I give Marlena a call, as they still have not updated website, I want to hear what they have to say about commitment to shareholder value and resistance to dilution while growing. Would also like to know if QX up list is still on table.
Let me know if anything is burning your curiosity...
Float is 103 million
I noticed the same and came to the same conclusion...Popped off a little early and said Covid was not affecting them, then California went on lockdown we couldn’t get contractors to the Midwest until this month.
Jay,
Have to stay focused on the big picture, essentially what you’re saying is they still had as much revenue in the first quarter ... That if they matched it in the second quarter, the revenue in the first six months would already exceed the current market cap.
Good Morning SIRC.
Promising start to the day, held strong for a couple hours, building pressure,....then, Pfffffffftttttt.
In the 36’s again. (Eye roll)
WOW...you added 800k today?!?!
Small bump today at .038, up to 925k. Not sure I’ll make the millionaire club...
Good stuff Mercutos, appreciate the detailed input! QX was in their website goals for the year, obviously Behind schedule, but would definitely help ensure us they won’t use dilutive capital raising if that is truly the target. I see what you are saying about the headquarters. $10?...I could only dream lol.
I am not convinced they’re going to be showing a profit yet, just as long as they are showing a reduction in debt, increase in revenue, increase in shareholder equity, I will be happy.
Me too.
Been thinking, they said they were moving their headquarters to New Mexico, most likely due to taxes and other oppressive regulations in California, probably a good move which will allow them to leave large operational segments in the San Diego area and beyond, while developing operational segments in the new market of their headquarters. From there they can continue expanding through the sun belt. They really need to show some profit and reduce some debt though, I hope those each move in the right direction. Our early retirements could be delayed quite a bit they continue expanding that in order to purchase businesses. Anyone else having a strategic thoughts?
That’s awesome man, I hope this allows you to retire...
I just hoped to crack the million share club...we’ll see if I get the opportunity next week.
Agreed, that is my read of today’s activity, whoever was dumping is starting to run dry. Those holding are starting to get a little more stingy.
I got distracted, missed by a minute...
I swear I was the first .0385 on the board, it was .0381 when I placed order, but 26k went to someone else.
I put .039 up, wanted to scoop 50k today. Maybe I will just fill the .0406 so we can all look at it over the weekend lol.
We are now at 27 million shares traded, or 26% of float traded since CE removal.
The last 8 days averaged 2.5 million.
Starting to tighten up on a slow climb, volume dropping, sellers at these cheap prices getting scarce.
Nice message and good work, appreciate the steadfastness you are offering to the rest of us shareholders. I will give it a week and follow up with a phone call to Marlene If nothing changes, as she is the one I’ve spoken to previously. I still have the burning question of how they are going to function operationally in New Mexico without physical presence there anyway, but I was going to hold out until the next PR to see if that was perhaps a part of the announcement.
Agreed and thank you, the Press releases still seem to go to the old site if that is their new site.
I read the new site as customer centric, separate from the corporate/investor centric site.
Example is the Sunpower announcement...The site that is past due for updating is within Massey’s signature block as a reference. So they are making great announcements and tying them to a website that is dilapidated.
Did you ask them to update their website? It is really starting to get on my nerves. I mentioned it the last time I called their investor relations, but expected after the CE was gone they would’ve naturally done it.
The last announcement was the CFO, they still have goals for May and June including up-listing with no updates.
Could be a warning sign or deterrent for new investors.
I added 100 K today, not quite in the millionaire club. But at 875k
Pardon my ignorance, but what does “OTCX leaving the box” mean?
You the man Investo1...I added another 50k at .038, might dip into pot again...
Float is 102 M shares