Bulletin
Investor Alert

New York Markets Open in:

May 26, 2021, 10:06 a.m. EDT

Solar Integrated Roofing Corp. (otc pink:SIRC) Names Muthia AlSayer, A Technology Leader, To Its Board; Her Appointment As Second Independent Di-rector Meets Corporate Governance Requirement For OTCQB Up Listing

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    SunRun Inc. (RUN)
  • X
    Blink Charging Co. (BLNK)
  • X
    General Motors Co. (GM)

or Cancel Already have a watchlist? Log In

May 26, 2021 (Stock Market Press via COMTEX) -- Solar Integrated Roofing Corp. (OTC PINK: SIRC) today (May 26, 2021) announces it has named Muthia AlSayer, technology leader, to its Board. Her appointment as Second Independent Director to SIRC's Board meets the corporate governance requirement for an OTCQB up listing. She was CEO and co-founder of omniX labs where she brought experience connecting the physical space in a digital world. Earlier, she was CEO of TagStone, an IoT technology systems integration company, and was also a consultant at Bridgewater Associates, the world's largest hedge fund. David Massey, CEO of SIRC, said that AlSayer's experience in strategy and business development will prove invaluable. He said, "Her appointment importantly allows us to meet the requirement for two independent directors, which is a requirement for up listing to the OTCQB."

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 +5.63% , Blink Charging Co. /zigman2/quotes/205311237/composite BLNK +7.49% , Tesla, Inc. (NASDAQ: TSLA), GM /zigman2/quotes/205226835/composite GM +0.89% , SolarEdge Technologies, Inc. /zigman2/quotes/207754270/composite SEDG +5.89% , First Solar, Inc. /zigman2/quotes/209356097/composite FSLR +2.61% , SunPower (NASDAQ: SPWR), Gibraltar Industries, Inc. /zigman2/quotes/204241548/composite ROCK +1.72% , Spartan Acquisition Corp. II (NYSE: SPRQ). and Canadian Solar Inc. (NASDAQ: CSIQ).

Solar Integrated Roofing Corp. (OTC PINK: SIRC) Names Muthia AlSayer, A Technology Leader, To Its Board; Her Appointment As Second Independent Director Meets Corporate Governance Requirement For OTCQB Up Listing

AlSayer is a technology expert with more than 20 years of experience as a technology expert. She started her career at Goldman Sachs, the investment bank located in New York City. Solar Integrated Roofing Corp. (OTC PINK: SIRC) Names Muthia AlSayer, A Technology Leader, To Its Board; Her Appointment As Second Independent Director Meets Corporate Governance Requirement For OTCQB Up Listing.

Massey, CEO of Solar Integrated Roofing Corp. (OTC PINK: SIRC), said "We welcome Muthia to the Board and look forward to her contributions as we continue to scale our company, leveraging recent acquisitions to create a truly comprehensive nationwide platform company for solar, battery and roofing solutions. I look forward to executing upon this vision to create sustainable value for our shareholders over the long term."

He added, "Her expertise in strategy, business development, operations and finance will prove invaluable as we strive to drive sustainable revenue growth and profitability in the near term. In addition, her appointment importantly allows us to meet the requirement for two independent directors, which is a requirement for up listing to the OTCQB." Solar Integrated Roofing Corp. (OTC PINK: SIRC) Names Muthia AlSayer, A Technology Leader, To Its Board; Her Appointment As Second Independent Director Meets Corporate Governance Requirement For OTCQB Up Listing.

$100 Million Revenue Guidance For SIRC For The Next 12 Months

David Massey and the company declared at least $100 million preliminary 12 month revenue guidance through May 31, 2022, reflecting SIRC's rapid growth -- both through acquisitions and organically. David Massey, CEO of SIRC, said the company could grow volume even further in this time period if SIRC continues to populate its acquisition pipeline. SIRC has been rolling up roofers and solar and battery installers creating a true platform company as well as shoring up its back office and sales efficiencies/capabilities to scale nationwide, he said.

Massey of Solar Integrated Roofing Corp. (OTC PINK: SIRC), said, "We accelerated our rapid pace of acquisitions in 2021, rolling up roofers as well as solar and battery installers -- creating a true platform company with the back office and sales capabilities to scale nationwide. When taking into account our recently acquired companies, we've built a significant customer base across the SIRC family of companies.

"While there is seasonality inherent to our business and the revenue will not be divided evenly month to month, we expect that we will generate at least $100 million of revenue over the next 12 months with the acquisitions we have announced to date." Solar Integrated Roofing Corp. (OTC PINK: SIRC) Names Muthia AlSayer, A Technology Leader, To Its Board; Her Appointment As Second Independent Director Meets Corporate Governance Requirement For OTCQB Up Listing.

If SIRC Further Populates Its Acquisition Pipeline, The $100 Million Guidance Figure Could Grow

Massey added, "We are realizing both acquisitive and organic growth on all fronts while minimizing dilution. Looking ahead, we continue to populate our acquisition pipeline which could further grow this $100 million revenue guidance figure. I look forward to continued operational execution in the months ahead, working closely with our team to create sustainable value for our shareholders over the long-term."

Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/ .

Source: Stock Market Press

Join Stock Market Press' newsletter for the latest in IPO, market commentary and company profiles.

Stock Market Press is a financial news company that delivers up to date stock news, introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network.

Contact:

Stock Market Press
110 Wall St.
New York, NY 10005 info@stockmarketpress.com https://twitter.com/PressStock

Safe Harbor Statement:

Statements in this news release may be "forward-looking statements." Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Stock Market Press undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.

See Stock Market Press disclaimer: http://stockmarketpress.com/disclaimer/ SOURCE: Stock Market Press

COMTEX_387326386/2617/2021-05-26T10:06:21

Is there a problem with this press release? Contact the source provider Comtex at editorial@comtex.com. You can also contact MarketWatch Customer Service via our Customer Center.

/zigman2/quotes/205021014/composite
US : U.S.: Nasdaq
$ 52.38
+2.79 +5.63%
Volume: 3.90M
July 28, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$10.11 billion
Rev. per Employee
$108,493
loading...
/zigman2/quotes/205311237/composite
US : U.S.: Nasdaq
$ 35.43
+2.47 +7.49%
Volume: 3.33M
July 28, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$1.39 billion
Rev. per Employee
$68,464
loading...
/zigman2/quotes/205226835/composite
US : U.S.: NYSE
$ 55.49
+0.49 +0.89%
Volume: 10.55M
July 28, 2021 4:00p
P/E Ratio
8.97
Dividend Yield
0.00%
Market Cap
$79.79 billion
Rev. per Employee
$790,226
loading...
/zigman2/quotes/207754270/composite
US : U.S.: Nasdaq
$ 254.14
+14.14 +5.89%
Volume: 1.00M
July 28, 2021 4:00p
P/E Ratio
105.98
Dividend Yield
N/A
Market Cap
$12.47 billion
Rev. per Employee
$459,758
loading...
/zigman2/quotes/209356097/composite
US : U.S.: Nasdaq
$ 83.48
+2.12 +2.61%
Volume: 2.12M
July 28, 2021 4:00p
P/E Ratio
17.24
Dividend Yield
N/A
Market Cap
$8.65 billion
Rev. per Employee
$531,634
loading...
/zigman2/quotes/204241548/composite
US : U.S.: Nasdaq
$ 72.85
+1.23 +1.72%
Volume: 74,303
July 28, 2021 4:00p
P/E Ratio
36.81
Dividend Yield
N/A
Market Cap
$2.34 billion
Rev. per Employee
$441,839
loading...

This Story has 0 Comments
Be the first to comment

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.