Solar Integrated Roofing Corp (SIRC)

[Televet]

Here you go Merc. My final Q submission based on today's discussion (and a couple more)..


Q From the last page of the Q1 report:

"- From 6/1/2021 through 7/10/2021 the company issued 30,856,201 common shares for debt conversion of $694,265, 16,479,546 common
shares for warrant exercise, 250,000 common shares for services of $140,150 and 37,500,000 common shares for acquisitions with a value
of $20.8 million, bringing the total common shares outstanding to 393,956,633."

Why were these debts converted at such a low PPS (approx. $0.02) when the stock was trading at a much higher PPS during this period? Previous commitment?

Q What is the current debt level for SIRC? Do you consider it "manageable"?

Q There is some $76M of "Goodwill" on the balance sheet. Can you explain what this is and how it affects the company's financial position?

Q What are the plans, if any, to rebrand the company and subsidiaries using the recently trademarked SOLAREV name and identity?

Subsidiary: Secure Roofing & Solar Inc.
- Subsidiary: Narrate, LLC
- Subsidiary: McKay Roofing Company, Inc.
- Subsidiary: Milholland Electric, Inc
- Subsidiary: Montross Companies, Inc.
- Subsidiary: Approved Home Pros LLC
- Subsidiary: Enerev LLC
- Subsidiary: Cornerstone Construction Team, LLC **
- Subsidiary: Pacific Lighting Management, Inc.
- Subsidiary: Balance Authority, LLC
- Subsidiary: Kinetic Investments, Inc. dba Future Home Power*
- Subsidiary: USA Solar Network LLC*
- Subsidiary: Renovating Roofing, Inc.*

Q A google search of "SOLAREV produces the following:

https://www.google.com/search?q=solarev&rlz=1C1MSIM_enUS809US809&oq=solarev&aqs=chrome..69i57j0i10j0j46i175i199j0i10l3j0i10i131i433j0i10i433j0i131i433.2548j0j15&sourceid=chrome&ie=UTF-8

Will there be any conflict with any of these entities?