Replies to post #21273 on Solar Integrated Roofing Corp (SIRC)

[lucky, mydog]

a dilution scam.

The Company is authorized to issue 500,000,000 shares of common stock par value $0.00001. Following is a detail of Common Stock transactions:
Three months ended May 31, 2021
Issued 1,068,090 shares of common stock for services of $505,000.
Issued 11,529,778 shares of common stock for debt and interest conversion of $98,521.
Issued 45,000,000 shares of common stock for an acquisition of a subsidiary of $54,450,000.
Issued 350,000 shares of common stock for compensation valued at $283,500.
Issued 1,500,000 shares of common stock for total cash proceeds of $25,000.
Year ended February 28, 2021
Shareholders surrendered 26,000,000 common shares for no consideration.
Issued 2,000,000 shares of common stock for services of $113,000.
Issued 93,277,337 shares of common stock for debt and interest conversion of $1,204,764.
Issued 2,808,624 shares of common stock for warrant exercise.
Issued 18,733,334 shares of common stock for total cash proceeds of $452,000.
Issued 4,500,000 shares of common stock for compensation of $1,736,250.
NOTE 8 – PREFERRED STOCK
The Company is authorized to issue up to 5,000,000 shares of Class A preferred stock, Par value $0.0001, and 20,000,000 shares of Class B preferred
stock, par value $0.0001. As of May 31, 2021, and February 28, 2021, there are 5,000,000 shares of Class A preferred stock issued and outstanding. As
of May 31, 2021, and February 28, 2021, there are 13,000,000 shares of Class B preferred stock issued and outstanding, respectively. Each Class B
preferred share is convertible into 10 shares of common stock.
During the three months ended May 31, 2021, the Company has not issued any preferred shares.
Year ended February 28, 2021
Issued 3,500,000 shares of Class B preferred stock for the deposit of an acquisition of a subsidiary of $840,000.
Issued 1,500,000 shares Class B preferred for compensation of $825,000.
N