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Solar Integrated Roofing - SIRC

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  1. Trader Bob 11 februari 2021 13:35

    Ticker: SIRC

    Erg interessant bedrijf, met lage market cap.

    Bezig met acquistions:

    Solar Integrated Roofing Corp. Targets First EV Charging Station Acquisition, Pacific Lighting Management, Signing Binding Letter of Intent
    finance.yahoo.com/news/solar-integrat...

    Solar Integrated Roofing Corp Talks Enerev Acquisition
    finance.yahoo.com/news/solar-integrat...

    Hier meer info met onder andere Tesla-certified installers:

    EL CAJON, Calif. - February 4, 2021 (Investorideas.com Newswire) Breaking EV stock news from Investorideas.com Newswire and RenewableEnergyStocks.com - Solar Integrated Roofing Corp. (OTC: SIRC), an integrated, single-source solar power, HVAC and roofing systems installation company, today announced the official opening of operations of the Company's dedicated electric vehicle (EV) charging solutions division, which is currently exploring the potential acquisition of several EV charger installers nationwide to expand the Company's own Tesla-certified installer network and better enable the transportation sector's energy infrastructure of the future.

    According to a new Precedence Research report, the EV charging market size is set to surpass the $39 Billion mark by 2027, growng at a 40% rate from 2020 through 2027.

    The Company's primary focus within the EV charging vertical will remain the sales, marketing, installation and service of personal EV chargers at residential properties, as well as on public EV charging infrastructure for network operators - leveraging the Company's recent designation as a Tesla-certified installer. Solar Integrated Roofing is currently exploring the potential acquisition of various EV charging installers nationwide, addressing a rapidly growing domestic EV market - with some states such as California setting aggressive regulatory targets of all new vehicle sales to be zero emissions by 2035.

    "We are excited to have entered the substantial, growing EV charging space - addressing an incredible, rapidly emerging market opportunity," said David Massey, Chief Executive Officer of Solar Integrated Roofing Corporation. "We are well positioned to acquire promising EV charger installers in key growth markets across the U.S. where early EV adoption has been greatest. I look forward to announcing further developments on this front as we continue our rapid pace of operational execution, creating long-term value for our shareholders."
  2. Trader Bob 18 februari 2021 15:04
    finance.yahoo.com/news/solar-integrat...

    Solar Integrated Roofing Corp. Expands Nationwide with Binding LOI to Acquire Cornerstone Construction, a Leading Southeast Roofing and Solar Solutions Provider

    Company Expands Nationwide with Binding LOI to Acquire Prominent South Carolina Roofing and Solar Installer

    EL CAJON, CA / ACCESSWIRE / February 18, 2021 / Solar Integrated Roofing Corp. (OTC PINK:SIRC), an integrated, single-source solar power and roofing systems installation company, today announced the Company has signed a binding letter of intent (LOI) for the acquisition of Cornerstone Construction, a leading provider of roofing and solar solutions in South Carolina.

    Cornerstone Construction, a licensed roofing contractor, has served thousands of clients and gained hundreds of 5 Star Reviews throughout the southeastern United States since 2017 with quality solutions for residential and commercial roofing and solar projects. Roofing services include expert inspection, installation, repair, and replacement services as well as gutters, windows, siding and decking. The company designs and installs traditional solar and solar shingle arrays that integrate seamlessly into new and existing roofing systems.

    "This represents the first step in our company's transition into a nationwide roofing and solar solutions provider," said David Massey, Chief Executive Officer of Solar Integrated Roofing Corporation. "Throughout 2020, Cornerstone moved strategically into new markets including Charlotte, NC; Charleston, SC; Little Rock, AR; Tulsa, OK; and Foley, AL. The company completed over 1,000 installs of roofing and solar in 2020, generating over $15 million in sales with robust projected growth.

    "Cornerstone is a well-known industry thought leader as its Founder, Hunter Ballew, created a movement in the roofing and solar industry that helps tens of thousands of roofers & solar providers across the country every year through retreats, a mastermind and an annual conference, RoofCON. Hunter and the Cornerstone team have been featured on dozens of shows, podcasts and speaking engagements including Forbes, Entrepreneur.com, TODAY, Business Insider and many more. This is an exciting presence that we believe will help grow our acquisition pipeline nationally, helping to create value for our shareholders," concluded Massey.

    Hunter Ballew, Founder and CEO of Cornerstone Construction, added, "The Cornerstone team will bring our proprietary training program, Six Figure Blueprint, to the Solar Integrated Roofing family, along with other proprietary systems to create predictable growth while scaling quickly, improving efficiency, automating processes and increasing margins. I look forward to working closely with David and his team in the months to come."

  3. Trader Bob 2 april 2021 16:38
    Komen aankondigingen van acquisitions de komende maanden, vooral in EV charging markt.
    Ik zie dit als de perfecte mix; Solar roofing + EV charging.. zeker met Bidens push voor EV's. Deze moeten ergens opladen, en waarom niet gewoon thuis met energy opgewekt vanaf het eigen dak.
    Vaak zijn de simpelste oplossingen de grootste winnaars.

    Hier de link naar het artikel;
    finance.yahoo.com/news/solar-integrat...

    en de Podcast waarin de CEO van SIRC wat van de strategy blootgeeft:
    audioboom.com/posts/7835380-solar-int...

    Gr,
    Bob

  4. Trader Bob 13 april 2021 10:59
    www.marketwatch.com/press-release/acq...

    SIRC has founded its new dedicated EV charging station division. It has closed on its first acquisition for that division in Pacific Lighting Management or PLEMco. "Getting into EV charging was a really a big move for us." Now only has SIRC acquired the first EV Charging Station company in PLEMco. SIRC CEO David Massey told interviewers that he is seeking to acquire more in the future.

    Massey added in a corporate update to shareholders recently that the company has also "applied for a U.S. Department of Energy grant, which could provide between $20-40 million in funding to help support the build-out of dedicated electric vehicle (EV) charging solutions nationwide through our various operating brands." Acquisition Strategy In EV Charging Station Industry Seen As Savvy By Investors Who See Headwinds In Startups; Solar Integrated Roofing Corp. (OTC PINK: SIRC) Buys First Company For Dedicated EV Charging Station Division, Eyes More Acquisitions.

    SIRC's Annual Run Rate Will Reach $100 Million

    Solar Integrated Roofing Corp. (OTC PINK: SIRC) is focused on growing in clean energy and particularly solar and EV battery energy storage. SIRC has been on an acquisition spree and David Massey, CEO, predicted that it will raise its annual run rate to $100 million annually -- representing a monthly volume of $8-$9 million monthly. Massey said, "It doesn't mean we've done $100 million, but that we're doing $8-$9 million monthly." In the corporate update he said, "We are currently operating at an approximately $50-$60 million annual revenue run rate, which we plan to further grow to $100 million in the near-term through continued acquisitions."
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