Oct 13, 2021 (Stock Market Press via COMTEX) -- Solar Integrated Roofing Corp.'s (OTC PINK: SIRC) is transitioning into a nationwide -- coast to coast -- centralized 'conglomerate,' Troy Clymer, COO, yesterday told the nationwide financial community's LD Micro Main Event Investor Conference. He stressed that SIRC is "aggressively focused on profitability" and becoming a single resource and a centralized company in the solar, roofing, rechargeable battery and EV Charging Station businesses. The family of SIRC companies is intent on creating 'crossover' sales and building organic, internally-generated volume. After the investor presentation, SIRC stock closed last evening at $0.6102, up +13.31%, in heavy volume of 3,819,302.
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. (NAS:RUN) , Blink Charging Co. (NAS:BLNK) , Tesla, Inc. (NASDAQ: TSLA), GM (NYS:GM) , ChargePoint (NYSE: CHPT), EVgo (NASDAQ: EVGO), SolarEdge Technologies, Inc. (NAS:SEDG) , First Solar, Inc. (NAS:FSLR) , SunPower (NASDAQ: SPWR), Gibraltar Industries, Inc. (NAS:ROCK) , Spartan Acquisition Corp. II (NYSE: SPRQ). and Canadian Solar Inc. (NASDAQ: CSIQ).
Solar Integrated Roofing Corp.'s (OTC PINK: SIRC) Troy Clymer, COO, Tells LD Micro Main Event Investor Conference Attendees Yesterday How SIRC Is Transitioning To A Centralized National Conglomerate Platform Company With A Focus On Profitability
Clymer, in a video presentation, said that SIRC is completing its audit -- which it plans will lead to an up listing of its stock to the OCTQB market by calendar year's end, then to the NASDAQ in 2022. He stressed that while SIRC is building a national footprint for its operations, California remains the primary state for solar and electric cars. For SIRC, based in San Diego, that fact has not been lost. He reminded investors that homeowners and businesses have had to endure a series of 'rolling' blackouts' interrupting electrical grid service throughout the state.
Clymer told the Conference attendees and virtual visitors that in California solar is mandatory for new homes — and the states is averaging some 80,000 new homes built annually. Roofing and solar dominate SIRC's volume today, but Clymer noted that it has additional high expectations for its electric vehicle charging station business. Solar Integrated Roofing Corp.'s (OTC PINK: SIRC) Troy Clymer, COO, Tells LD Micro Main Event Investor Conference Attendees Yesterday How SIRC Is Becoming A Centralized National Conglomerate Platform Company With A Focus On Profitability.
Again citing California, Clymer said that starting in 2035 gas car sales within the state are mandated to end. EV Charging Stations, an industry SIRC in which SIRC is a participant through its PLEMco. subsidiary, will then support an industry charging more electric cars in the state.
His theme remained that SIRC is a conglomerate centralized platform company focused on organic or internal growth and profitability. Today, some 50% of total SIRC revenue comes from roofing and 40% from solar, he said. But Clymer stressed that while SIRC is primarily a roofing and solar company today, it offers many new revenue streams for the future -- such as EV Charging Stations -- and is sophisticated as a single-stop resource as it grows.
One example is its 'intuitive design studio' that permits a client to see his/her property with a solar system on the roof. Working with a SIRC engineer, the client can then review how a future system installation might appear completed. Solar Integrated Roofing Corp.'s (OTC PINK: SIRC) Troy Clymer, COO, Tells LD Micro Main Event Investor Conference Attendees Yesterday How SIRC Is Becoming A Centralized National Conglomerate Platform Company With A Focus On Profitability.
After a series of accretive acquisitions this year, SIRC offered the financial community guidance of $100 million or higher corporate sales for its FY 2022. By comparison, for its FY 2021 the company reported sales of $17.1 million. Clymer said that SIRC is now generating more sales quarterly now than it did for all of the last FY.
LD Micro Main Event Investor Conference is promoted as the 'pre-eminent' convention for the most powerful players in the SmallCap World. Since 2008, more than 1,600 companies have presented to its large audience of investors and analysts in the financial community. If attendees cannot be present in person, the Conference management invites real-time live audio by webinar. Solar Integrated Roofing Corp.'s (OTC PINK: SIRC) Troy Clymer, COO, Tells LD Micro Main Event Investor Conference Attendees Yesterday How SIRC Is Transitioning To A Centralized National Conglomerate Platform Company With A Focus On Profitability.
Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/ .
Source: Stock Market Press
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