Replies to post #24137 on Solar Integrated Roofing Corp (SIRC)

[PEMBROKE1]

Hi, I saw that $2.50 per share. I also saw that Massey has 5,000,000 common shares of stock left. I noticed that alot of common shares were issued in the year 2019, 2020 and 2021 unrestricted and restricted. 500,000,000 shares of common stock have been authorized.
It also said that Sirc only has 93 Shareholders on record and 4 Employees.
Over 207,000,000 million shares in public Float. That is above and beyond the 249,000,000 outstanding. That is about 450,000,000 common shares outstanding.

[1dollar]

Did you add the words from time to time? The quote I found is “On June 1, 2021 the Company borrowed $5,000,000 on a convertible note bearing interest of 10% per annum, convertible into shares of the Company’s common stock at $2.50 per share.”

[Mercutos]

Hey Lucky Let me help you out with the rest of that for you.

In accordance with ASC 855-10 management has performed an evaluation of subsequent events through the date that the financial statements were
available to be issued.
Subsequent to February 28, 2021, the Company:
- Acquired four additional companies. The Company entered into purchase agreements to purchase:
a) The outstanding membership units of Cornerstone Construction Team, LLC for $3,000,000 cash and 45,000,000 shares of
common stock.
b) The outstanding stock of Pacific Lighting Management, Inc. for $1,500,000 cash.
c) The outstanding membership units of Balance Authority, LLC for $1,500,000 cash and 10,000,000 shares of common stock.
d) The outstanding stock of Kinetic Investments, Inc. for $2,200,000 cash and 22,000,000 shares of common stock.
These acquisitions closed from March 1, 2021 through June 24, 2021.
- On 4/7/2021 the Company borrowed $3,250,000 on a convertible note bearing interest of 10% per annum, convertible into shares of the
Company’s common stock from time to time at $2.50 per share.
- On 4/15/2021 the Company entered into an agreement to acquire the remaining 49% of Approved House Pros LLC for no additional cost to
the Company.
- On 4/28/2021 the Company signed a letter of intent to purchase an office building located at 9212 Mira Este Ct. San Diego, CA for
$3,000,000.
- On 5/20/2021 the Company authorized 1 shares of Class C preferred stock.
- On 6/1/2021 the Company borrowed $5,000,000 on a convertible note bearing interest of 10% per annum, convertible into shares of the
Company’s common stock from time to time at $2.50 per share.
- From 3/1/2021 through 6/11/2021 the company issued 90,304,000 additional common shares, with a value of $23.9 million, bringing the
total common shares outstanding to 339,727,018.