Solar Integrated Roofing Corp (SIRC)

[peterpanwasjusthere]

With all due respect, and I mean this as I truly enjoy reading Trip's posts, charts mean little to nothing in my view for a stock like SIRC in its current position.

Just my 2 cents and I'm no certified financial advisor...if you want to invest in a lottery pick on the OTC/Pink Sheets like SIRC, consume yourself with every available detail about the Company, place your pins in the various assumptions your willing to commit to (including revenue, cost assumptions, profitability, fully diluted shares outstanding, cash, likelihood of further stock issuances and dilutionary impact, trust quotient in management, etc) and then equate all of these factors back to a price that you're comfortable and willing to pay for the stock, and start from there with building your position. For me, today, I'm buying shares below 60 cents (vs a couple of weeks ago when I would only buy sub 50 cents prior to their 4th Q getting filed). For example the wall of 130K shares for sale this afternoon at ~0.586 looked pretty yummy, so I gobbled them down like the cookie monster. If the stock goes down from here, I'll gobble some more - I like the math at these levels **and** the news flow from the Company. If something changes in either of these buckets, I'll reevaluate especially if we do not get a significant update on their new CFO hire by September.

One other item to consider - SIRC costs (installation and materials) and supply chain risks should be front and center in our considerations just as importantly as revenue growth. One of the reasons that RUN has turned the corner as an investment is their highly disciplined approach to managing their costs and protecting/growing their margins and profitability. Without this discipline, the stock wouldn't trade where it is (in my view) and wouldn't be getting the price targets it currently enjoys. For example, RUN's ability to securitize a sizeable component of their financing activity via an ABS market type vehicle provides dramatic savings to their customers and RUN's expenses. I believe RUN is able to provide this given a sufficient level of sophistication within their Finance department including their CFO. This is the type of upside that SIRC's new CFO (and the supporting Finance org he/she would build underneath) should hopefully provide the Company once on board. Without it, we're potentially stuck watching a greyhound race of chasing revenues with endless equity issuances, and that's a significantly less interesting investment thesis vs other alternatives available in the market. The next few months will tell me a lot...I have my tub of popcorn, 2 boxes of milk duds and xl drink...let's pull the curtain and see what unfolds.

Best of luck with your due diligence.