Solar Integrated Roofing Corp (SIRC)

[peterpanwasjusthere]

The entire situation on this board is a bit odd - putting it mildly...but folks don't know what they don't know.

The concept of being short a penny stock at these price levels is ludicrous and laughable, and such chatter speaks to the inexperience of some who want the hear themselves be heard and vent a bit of frustration that they didn't sell near the tops back in Feb or maybe bought a little too heavy too high as the stock crashed back to current levels. Maybe a little more careful analysis and thorough, critical detailed work would have saved some heartburn and stress for those of you in that camp.

There are a lot of questions I have coming away from last night's session with Massey, but given the lack of engagement I've seen here regarding the substantive issues I've raised over the past few weeks, it's not worth my time at this point to clog up this board with additional material that no one is interested in responding to with quantitative and qualitative engagement. So be it for now.

Folks should stop and consider looking forward that the musings on boards like this one among a bunch of retail investors, who can't even move the stock more than a penny or two+/- on volume that's on pace to be ~ 50% of what traded yesterday after throwing an all night celebration based on what they selectively chose to hear from the CEO, have little chance of impacting where SIRC stock trades going forward now that we're on an express train to having 350MM+ common shares in our public float once the remaining vast stock inventories of the convertible debt holders (currently restricted & unrestricted shares) come to market. Sentiment on this board is irrelevant in dictating where SIRC trades from here forward imo, and the concept of "scaring off" any significant buyside push is nuts. The days of moving a 100MM+/- share float while you empty your piggy banks on a 4 cent per share purchase are over. Get over yourselves.

Without institutional interest on the public equity buyside or a strategic industry buyer that knocks on SIRC's door, SIRC shares have a long, long road to the promised land even with the revenue ramp which Massey painted. For now, the institutional involvement is heavily tilted towards the convert lenders who are enjoying 40-50 xx returns on their investments as they sell, and they have millions of additional more shares to sell. Many millions.

So party on. I am meaningfully long SIRC, and although I believe Massey's position on their hiring of their new CFO is now clearly not a top priority (an may never be), I've held my nose given the recent gift in share price and bought aggressively down to a level where I am now very comfortable with how I'm situated and will enjoy the show. Ultimately, however, SIRC will need to address many of the issues/concerns that I've raised in this forum for public equity institutional buyside shops to participate in scale on the long side, or get lucky with a buyout offer (my bet on Massey & team's exit strategy), which is what's ultimately going to move the needle to where I believe it will go.

Just my 2 cents...do your own due diligence.

Godspeed everyone.