Replies to post #3460 on Solar Integrated Roofing Corp (SIRC)

[IPO$]

No New issuances in the past couple of weeks is good.

[josh08]

Why isn't this moving above .04?

[RandyKCMO]

As I've been tracking the Outstanding Shares, I noticed something today...

Well check the Outstanding Shares today:

They are reporting to 124,862,305 Outstanding.

https://www.otcmarkets.com/stock/SIRC/security


For the last several weeks the outstanding shares have stayed at 133 Million share range.

My assumption is that additional "funding shares issued" have been issued and that as promised our CEO has retired the 20 Million shares he said he would in the September 10, 2019 press release.

https://www.otcmarkets.com/stock/SIRC/news/Solar-Integrated-Roofing-Corporation-CEOAnnounces-Retirement-of-20-Million-Shares?id=239744

So... here's my theory. The company has issued another 5 to 10 million shares as convertible debt... hence the big volume little price move today.

Can anyone confirm that this is the case? Or maybe I'm missing something.