Saturday, February 05, 2022 10:24:25 AM
I did some research and found that many SOLAR companies in the OTC have higher values compared to SING when factoring in the balance sheet and projected revenues.
Let’s look at SIRC for example. It has a market cap of $175 mil on projected 2022 revenues (unaudited) of $200 mil once all of their acquisitions are folded into their company per a company press release. SIRC still has a large amount of toxic debt on its books and has an unaudited balance sheet. It is PINK sheet, not OTCQB, and is not fully reporting like SING.
SING has a market cap of $6 mil on projected 2022 revenues of $40-$50 mil once all acquisitions (Boston Solar and one unnamed company they are negotiating with). The $40-$50 mil DOES NOT include Box Pure Air. Box PureAir alone could generate $10-$20 mil on all the school contracts currently under negotiation. SING has ZERO toxic debt and is a fully reporting company.
On a forward looking basis, SIRC shares are valued 480% higher than SING when accounting for number of shares outstanding, revenues, and market cap.
If the market valued SING like it does SIRC…the SING share price would be .73.
I know this is an overly simplistic approach and there are many more factors involved, but any way you look at it, SIRC is either over-valued or SING is undervalued.
I still prefer SING to any company that has slimy Pablo as it’s President!
Wait for it…wait for it…the BeSIRCer’s will be piling on my comments soon!
All messages posted by me are just my opinion.
They are in no way a suggestion to buy or sell any security.
Please consult a licensed Financial Advisor for your investment advice.
Recent SING News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 09/27/2024 07:12:02 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/15/2024 10:00:59 AM
- Form 10-K - Annual report [Section 13 and 15(d), not S-K Item 405] • Edgar (US Regulatory) • 07/19/2024 08:48:07 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/24/2024 09:15:01 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/24/2024 08:46:47 PM
- Form SC 13G - Statement of acquisition of beneficial ownership by individuals • Edgar (US Regulatory) • 05/22/2024 04:08:05 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 04/20/2024 01:51:39 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/05/2024 10:08:15 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/05/2024 10:00:24 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/01/2024 09:41:09 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/27/2024 09:05:44 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/22/2024 05:22:46 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 12/19/2023 08:30:16 PM
- Form 424B4 - Prospectus [Rule 424(b)(4)] • Edgar (US Regulatory) • 12/18/2023 09:36:43 PM
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