Apr 01, 2021 (Stock Market Press via COMTEX) -- David Massey, CEO Of Solar Integrated Roofing Corp. (OTC PINK: SIRC), today (April 1, 2021) tells Stock Day Podcast host Everett Jolly that SIRC is excited to be in the EV Charging market and predicted it would be an "explosive growth area" for the company -- and he is looking at several other EV Charging companies nationwide to acquire. SIRC recently closed on its acquisition of Pacific Lighting Management or PLEMco, its first company in that sector. Investors Hangout is a sponsor of 'Stock Day' and encourages listeners to visit the company's message board at https://investorshangout.com/
stockmarketpress.com features specialized coverage of related stocks in the solar, roofing, EV charging stations and battery charging energy industry such as Solar Integrated Roofing Corp. (OTC PINK: SIRC), Sunrun, Inc. /zigman2/quotes/205021014/composite RUN +4.99% , Blink Charging Co. /zigman2/quotes/205311237/composite BLNK +14.23% , Tesla, Inc. (NASDAQ: TSLA), GM /zigman2/quotes/205226835/composite GM +2.56% , SolarEdge Technologies, Inc. /zigman2/quotes/207754270/composite SEDG +7.28% , First Solar, Inc. /zigman2/quotes/209356097/composite FSLR +4.33% , SunPower (NASDAQ: SPWR), Gibraltar Industries, Inc. /zigman2/quotes/204241548/composite ROCK +2.69% , Spartan Acquisition Corp. II (NYSE: SPRQ). and Canadian Solar Inc. (NASDAQ: CSIQ).
David Massey, CEO Of Solar Integrated Roofing Corp. (OTC PINK: SIRC), Sees "Explosive Growth" From EV Charging Station Division And Tells Stock Day Podcast that SIRC Is Looking At More EV Companies Nationwide To Acquire
"We're excited to be in that (EV Charging) market," Massey said on the Podcast. "We recently acquired a company PLEMco, which is in Southern California. I think it's going to be an explosive growth area for us, and we're also looking at several other EV charging companies nationwide to acquire. Learn more about Pacific Lighting at http://www.pacltg.com/ Massey said that, "We have also expanded into the EV charging network sector, and we've recently acquired an EV charging company and have a couple more on the radar that we're looking at." David Massey, CEO Of Solar Integrated Roofing Corp. (OTC PINK: SIRC), Sees "Explosive Growth" From EV Charging Station Division And Tells Stock Day Podcast that SIRC Is Looking At More EV Companies Nationwide To Acquire.
Yesterday, President Biden in talking about his $2.25 trillion proposed infrastructure program made reference to the U.S. government's goal of reaching 500,000 EV charging stations nationally as it builds an all electric vehicle government fleet of vehicles.
Solar Integrated Roofing Corp. (OTC PINK: SIRC) also recently acquired Cornerstone Construction, a five-state roofing and solar company based in South Carolina. Massey said, "We're excited on several fronts. The core team of Cornerstone Construction is top-notch; they're led by Hunter Ballew, a leader in the industry. We're excited for expansion into the Southeast. We're also excited about the revenues. Cornerstone Construction did almost $3 million their first quarter, and they typically generate 10% of their revenue during the first quarter. They're going to have an explosive year, and we're really excited to have them onboard with SIRC."
Massey added that the revenues from Cornerstone will be fully impactful to SIRC: "Our fiscal year for 2022 started March 1st, so all of 2022 will have the revenues from Cornerstone Construction." David Massey, CEO Of Solar Integrated Roofing Corp. (OTC PINK: SIRC), Sees "Explosive Growth" From EV Charging Station Division And Tells Stock Day Podcast that SIRC Is Looking At More EV Companies Nationwide To Acquire.
In terms of the up listing to the OTCQB of Solar Integrated Roofing Corp. (OTC PINK: SIRC), Massey said: "There is a sixty day waiting period with the SEC as they go through the paperwork and the process, and they will also have to audit Cornerstone Construction as part of the process. It means that very shortly after that period of time we're going to up list to the OTCQB and we will be a fully reporting company."
Massey explained that due to the up list process, the company is currently holding announcements regarding upcoming acquisitions while their Form 10 is being processed by the SEC, Massey said, "Once that quiet period is over we're going to have a substantial amount of announcements to make about some acquisitions that we're doing and we're going to have a huge amount of growth this year." David Massey, CEO Of Solar Integrated Roofing Corp. (OTC PINK: SIRC), Sees "Explosive Growth" From EV Charging Station Division And Tells Stock Day Podcast that SIRC Is Looking At More EV Companies Nationwide To Acquire.
Massey predicted that, "We really hope to be on the NASDAQ this year, and we're working with our attorney now to get those pieces into place. We qualify in every aspect for going to the NASDAQ, other than our stock price. However, I think with the acquisitions that we're doing and the revenue that we will be reporting, I think our stock price could get there." He added that he believes SIRC will continue to grow and expand and is focused on becoming profitable over a large volume of revenue in 2022.
SIRC Closes On Solar Installer Enerev LLC
SIRC recently closed on its purchase of another established clean energy renewable solar installer, Enerev LLC. To learn more, go to https://www.enerevsolar.com/getting-started . SIRC also reached agreement with Solectrac, Inc., an all-electric tractor developer and manufacturer located in Northern California. That company is now 24% owned by Ideanomics /zigman2/quotes/208536109/composite IDEX +3.80% . and Solectrac is an applicant for a $500 million USTDA grant.
Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/ .
Source: Stock Market Press
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