Solar Integrated Roofing Corp (SIRC): DCCB's notes from last nights Q&A wi...

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Saturday, 10/16/2021 11:36:54 AM

Saturday, October 16, 2021 11:36:54 AM

DCCB's notes from last nights Q&A with SIRC's CEO Dave Massey
Thank you DCCB!

- Audit is done and will be filed next week.
- Q2 earning report is filed today.
- Stock purchase agreement with Arbiter Capital. Arbiter will buy 5M of preferred shares which were retired from Brian for $35M. They are restricted shares with no dividend or warrants. SIRC could do a PR next week.
- Projects are now 60% residential and 40% commercial
- Currently in talk with an EV start up company for either partnership or buy-out to bring more resources to Plemco.
- American ContractorPro backed out the agreement after SIRC announced their partnership with SVG
- Expected to be cash flow positive in Q3 with all subsidies running at full speed.
- Dave's message to the shorts/bears: "LEAVE US ALONE!"

"It never was my thinking that made the big money for me. It always was the sitting. Got that? My sitting tight!" - Reminiscences of a Stock Operator -