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SOLAR INTEG ROOFING CORP - SIRC STOCK NEWS

Welcome to our dedicated page for SOLAR INTEG ROOFING news (Ticker: SIRC), a resource for investors and traders seeking the latest updates and insights on SOLAR INTEG ROOFING stock.

Solar Integrated Roofing Corporation, formerly Landstar Development Group, Inc., is a development-stage company that operates as an integrated solar and roofing installation company specializing in commercial and residential properties throughout the United States. The company focuses on acquisitions and offers solar pool heating installation. Recent developments include brand consolidation and executive appointments to streamline operations and reduce costs. SIRC's ongoing projects include various commercial solar and EV charging installations, positioning the company for growth in 2024.

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Solar Integrated Roofing Corp. (OTC PINK:SIRC) has announced its engagement of Dutchess Strategic Advisors to enhance corporate development strategies and pursue a national stock exchange up-listing. CEO David Massey highlighted the company's recent growth and the exciting new phase ahead, while Dutchess expressed its commitment to integrating operations and clearly communicating the company's value proposition. The collaboration aims to maximize shareholder value and improve market awareness.

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Solar Integrated Roofing Corp. (OTC PINK:SIRC) announced a strategic nationwide partnership with Sunnova Energy International Inc. (NOVA) for financing services through its USA Solar Networks subsidiary. This collaboration allows over 100 solar sales organizations to offer innovative financing options, expanding USA Solar Networks' reach to over 40 states. The company anticipates that this partnership will significantly boost their sales capabilities, potentially generating thousands of new projects annually and millions in additional revenue.

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Solar Integrated Roofing Corp. (OTC PINK:SIRC) has announced its participation in the LD Micro Main Event investor conference, scheduled for October 12-14, 2021, at the Luxe Sunset Bel Air in Los Angeles. COO Troy Clymer and USA Solar Networks CEO Pablo Diaz will present on October 12 at 3:30 PM ET (12:30 PM PT) and will engage in one-on-one investor meetings. The event will be webcast live, with recordings available afterward. The company continues to serve both commercial and residential sectors with diverse solar solutions, enhancing user experience through innovation.

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Solar Integrated Roofing Corp. (SIRC) has announced a strategic partnership with Storm Ventures Group (SVG) and SVG University to educate contractors on the benefits of adding solar services. This initiative aims to drive new solar sales and could generate up to 100 projects per month, potentially leading to millions in revenue. USA Solar Networks, part of SIRC, will collaborate with SVG to enhance its contractor network across the nation, positioning it as a leading solar dealer program.

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Solar Integrated Roofing Corp. (OTC PINK:SIRC) has reported preliminary unaudited record sales of $25 million for the three months ending August 31, 2021. The company anticipates revenues of at least $100 million for the year ending May 31, 2022. CEO David Massey highlighted growth from solar, roofing, and EV charging brands, noting that future acquisitions will enhance sales potential. The company is focused on cost synergies and aims for profitability this fiscal year, alongside a share buyback program and plans for an eventual OTCQB listing.

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Solar Integrated Roofing Corp. (OTC PINK:SIRC) has initiated a strategic corporate streamlining program aimed at reducing costs and achieving profitability by August 31, 2021. The program targets over $1 million in annual savings through reduced labor and overhead expenses. Following recent acquisitions and record sales growth, the company anticipates becoming cash flow positive. CEO David Massey emphasizes that this plan will enhance operational efficiency and position the company to create sustainable value for shareholders, particularly as it enters a busy sales season.

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Solar Integrated Roofing Corp. (OTC PINK:SIRC) released a management interview video at Nasdaq Marketsite, highlighting a projected $100M revenue for the year ending May 31, 2022, and expressing aspirations for $300M in new revenues within 24 months. The company has completed 14 acquisitions in the last year, enhancing cross-selling synergies. The New Solar Jump Start program for roofing firms transitioning to solar is underway, alongside an audit for potential uplisting on OTCQB and Nasdaq.

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Solar Integrated Roofing Corp. (OTC PINK:SIRC) has been invited to an exclusive interview at NASDAQ Marketsite in Times Square, New York, on August 30, 2021. The company highlighted its significant corporate growth, managing to achieve $10 million in sales in July 2021. The interview will cover key topics including the recent acquisitions, projected financial results for 2021-2022, and updates on audited financial statements and the uplisting process to NASDAQ. Viewers can watch the interview starting September 8, 2021.

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Solar Integrated Roofing Corp. (OTC PINK:SIRC) has announced a joint venture with American Contractor and ContractorCoachPRO to launch monthly educational events aimed at contractors interested in solar installation. Starting September 2021, these events, held in key solar-friendly markets, are expected to attract 50 attendees per event. The company projects each event could generate $1.5 million in recurring monthly revenue, potentially bringing in a significant number of new contractors to its subsidiary, USA Solar Networks.

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Solar Integrated Roofing Corp. (OTC:SIRC) announced a live Discord Q&A session for investors scheduled for August 19, 2021, at 7:00 p.m. Eastern. This initiative is part of the company's ongoing effort to enhance communication and engagement with shareholders. CEO David Massey emphasized the importance of keeping an open dialogue with investors and will be joined by Pablo Diaz from US Solar Network to provide industry insights. The event can be accessed via a dedicated Discord channel, with future sessions planned to further strengthen investor relations.

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FAQ

What is the current stock price of SOLAR INTEG ROOFING (SIRC)?

The current stock price of SOLAR INTEG ROOFING (SIRC) is $0.000001 as of December 24, 2024.

What is the market cap of SOLAR INTEG ROOFING (SIRC)?

The market cap of SOLAR INTEG ROOFING (SIRC) is approximately 854.9K.

Does SIRC have a COO?

Yes, SIRC recently promoted Mohammad Suri to COO. Mohammad provides leadership to both roofing and solar divisions while managing operations at PLEMCo.

Why did SIRC sell Balance?

SIRC divested Balance Claims to allocate proceeds to support construction activities in other operating divisions, ensuring better positioning for both Balance and SIRC.

Is SIRC cash flow positive?

SIRC's Q4 cash flow improved over Q3 and continues to increase. Focus on increasing profitable revenue and reducing costs enables ongoing cash flow improvement.

How to refer someone for roofing/solar projects?

Fill out the contact information links on the websites, mentioning that you are a shareholder for pricing consideration.

Why did CEO stay on after Dave Massey left?

CEO's loyalty to employees, suppliers, customers, and shareholders, coupled with a belief in the viability of SIRC, motivates him to lead the company towards sustainable growth.

How does SIRC market and secure roofing and solar work?

SIRC leverages established relationships and efficient sales representatives in Southern California. The company focuses on combination jobs and top-tier solar products for residential sales growth.

What excites SIRC about 2024?

SIRC anticipates significant growth opportunities in commercial solar, EVSE projects, and federal government sectors. The company aims to secure more projects and expand revenue streams.

Which will happen first: The Chicago Bears win 10 games or SIRC achieves $100 million in revenue?

Both outcomes are achievable in 2024, reflecting the positive growth prospects and opportunities for SIRC.

Is SIRC still viable for the long term?

SIRC's strategic shift to focus on commercial and government business units, streamlining operations, and divesting residential divisions positions the company for long-term viability and continued growth.

SOLAR INTEG ROOFING CORP

OTC:SIRC

SIRC Rankings

SIRC Stock Data

854.88k
8.55B
0.03%
Solar
Technology
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United States of America
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