Solar Integrated Roofing Corp (SIRC)

[PEMBROKE1]

Hi,
Can someone explain this filing to me filed with the SEC on 3-14-2024
361,690.00 common shares represent 6.9% of outstanding common shares
Parents bought the shares for their son

Mr. Eugene Esmer Caranza Cara beneficially owns current holdings of 361,690 total shares of common stock of Solar Integrated Roofing Corporation, which represents a calculated approximate observed percentage of 6.9% ownership which is calculated by the current share price and the total market capitalization of the company. This calculation is based on the approximate shares outstanding of 5,000,000 shares of common stocks in the current situation of the stock market.
5,000,000 shares?
(b)
361,690 shares
(c)
-On Tuesday, 16 February 2024, Mr Eugene Esmer Caranza Cara acquired 21,500 shares of Solar Integrated Roofing Company with a share price of $0.0071 per share.
-On Monday, 22 February 2024, Mr Eugene Esmer Caranza Cara acquired 7,500 shares of Solar Integrated Roofing Corporation with a share price of $.0056 per share.
-On Friday, 26 February 2024, Mr Eugene Esmer Caranza Cara acquired 39,000 shares with a share price of $.0040 and an additional 1,500 shares for $.0040 per share.
-On Sunday, 28 February 2024, Mr Eugene Esmer Caranza Cara acquired 315 shares with a share price of $.0030 per share.
-On Wednesday, 01 March 2024, Mr Eugene Esmer Caranza Cara acquired 21,500 shares.
-On Saturday, 04 March 2024, Mr Eugene Esmer Caranza Cara acquired 161,895 shares.
-On Monday, 06 March 2024, Mr Eugene Esmer Caranza Cara acquired 2,417 shares and an additional 106,333 shares.

https://www.otcmarkets.com/filing/html?id=17369193&guid=AMQ-kenLMkcpJth