Replies to post #7683 on Solar Integrated Roofing Corp (SIRC)

[Mr muse]

If the money raised is for acquisition, and if they can finalize the LOI and make 3MM revenue a month, the market cap at .06 even with 95MM more shares does not tap out the potential market cap. 3MM per month revenue is doable in 3 months in my opinion. And a run rate of 36 MM or 9MM per quarter could push market cap to 50MM easily. Even if they maxed out their 250MM shares they could see .20 by year end. If they actually increase monthly revenue to 4MM they could turn a profit. They need quarter revenue to be about 7MM million to see a profit over G&A costs.

Just my rough numbers. They just need to keep growing and expanding footprint. The stock price will increase as revenue increases.

I don’t like the dilution either, but hopefully some good news and revenue growth can get more excitement and higher share prices.

[Liberty777]

All, they did make money on operations, they have doubled indirect staffing (30-70) are paying lawyers, IR firms, auditors, etc., to get this ship off the ground.
I kept saying I did not expect to see an outright profit yet, it isn’t time unless they halt the growth.

So, no, no outright profit as, at least I expected. But revenue to support eventual solvency and profit was phenomenal.

Massey and Milholland hold an enormous qty. of shares and have not sold any...so, the heads of the company have motivation to attain a higher share price at a stable volume and low volatility...otherwise, They will never see anything out of those shares.

Short-to-mid term, Even if they issue all 250 million authorized shares, if they have revenue of 60 million a year and the share price hits a reasonable 4:1 rev. to share ratio, we’re at $.25 a share.

I still think one dollar is two years away, people are just getting a little bit impatient/hopeful.
So it begs the question, $.25 a share ....do you have somewhere else to put your money that’s going to net you 400% in the next few months? And then you can take that question again $.50, $.75 etc. over the next two years?

[Rufny]

investo SIRC said $400K NET PROFIT on $2M REVS for AUG so with the
seasonal peak Q3 we're in that would be $6M with $1.2M NET PROFIT for current QTR.

If/When SIRC comes out and announces that kind of guidance then
we'll see a very nice MOVE UP in the stock.

Add with potential acquisitions that could double or triple REVS
higher for 2021 and IMO there's MEGA upside potential here.

Southwest USA is the sweet spot for SOLAR growth where SIRC is.

[Mercutos]

Investo1 the shelf offering of 95 million shares is a tool to keep options open to fund acquisitions. "We will never dilute 95 million shares unless we made some very very large moves"
Company is focused on aggressive growth and with that they need to reach critical mass so future earnings can fund growth with out going to capital markets.
I think it would help everyone if there was a breakdown on what their G&A expense line constituted.
Q2 they were 2% away from net profit is all in the G&A line IMO..The margin line is pretty stable YoY.
I am currently satisfied with the results and hope they continue to expand and their 2020 and I am sure their 2021 focus is growth. Both organically and by acquisition.

[Wrangler1]

I agree. To expect them to move to profitability in one quarter is unrealistic. Q2 was all about the revenue growth, which they showed, which they need to continue to grow.