InvestorsHub Logo
Followers 884
Posts 80813
Boards Moderated 2
Alias Born 01/09/2006

Re: None

Tuesday, 09/10/2019 9:37:12 AM

Tuesday, September 10, 2019 9:37:12 AM

Post# of 2340202
$SIRC #solar #cannabis oversold chart, 20M share retirement:

Cannabis Harvest 2019 is Upon Us, Ahead of 2020 California Solar Industry Boost; Spotlight on Solar Integrated Roofing Canceling 20M shares

https://www.marketwatch.com/press-release/cannabis-harvest-2019-is-upon-us-ahead-of-2020-california-solar-industry-boost-spotlight-on-solar-integrated-roofing-canceling-20m-shares-2019-09-10?mod=mw_quote_news

Solar Integrated Roofing Corporation CEO Announces Retirement of 20 Million Shares

https://finance.yahoo.com/news/solar-integrated-roofing-corporation-ceo-093000372.html

GlobeNewswire•September 10, 2019
POWAY, Calif., Sept. 10, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE -- Solar Integrated Roofing Corporation (OTC PINK: SIRC) announced today that the Company is retiring 20 million of its common shares.

Dave Massey, CEO of SIRC, commented, "We are in a period of aggressive and unprecedented growth at SIRC and are committed to keeping the outstanding share count at a level to increase shareholder value."

Massey continued, "our plan calls for the issuance of stock to complete certain acquisitions. In order to maintain shareholder value, I am directing the retirement of 20 million of my personal shares in the company."

Finally, Massey commented, "I want to ensure current and future shareholders' are not diluted by the issuance of shares to complete the growth by acquisition plan. I can think of no better way to demonstrate to our shareholders and to the market, the absolute faith and optimism I have in the company and our strategy."

About Solar Integrated Roofing Corporation

Solar Integrated Roofing Corporation (SIRC) is an integrated solar and roofing installation company specializing in commercial and residential properties with a focus on acquisitions of like companies to build a footprint nationally. For more information, please visit:

www.solarintegratedroofingcorp.com

Buy it, trade it, hold it, ignore it... do whatever your want, just
don't do it because of what I say as my posts are just my opinion.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.