Solar Integrated Roofing Corp. Discusses Potential Nasdaq Uplist and 2023 Commercial Pipeline with The Stock Day Podcast
Phoenix, Arizona–(Newsfile Corp. – May 11, 2023) – The Stock Day Podcast welcomed Solar Integrated Roofing Corp. (OTC Pink: SIRC) (“the Company”), an integrated, single-source solutions provider of solar power, roofing and EV charging systems, specializing in commercial and residential properties throughout North America. CEO of the Company, David Massey, joined Stock Day host Everett Jolly.
Davis began the interview by asking about the Company’s background and current projects. “We are an international full-service clean technology company,” said Massey. “We do residential and commercial solar, micro grids, and are heavily focused on battery storage and EV charging,” he shared. “We have a small roofing division and a finance division that we just launched that we are very excited about.”
“What are some of the new and exciting things happening for your company in 2023?” asked Davis. “We are looking at 2023 as being one of our best years yet,” said Massey. “We had tremendous growth last year and this year we have an incredible commercial pipeline that we are working on,” he continued. “We are getting ready to begin a $330 million project in New Mexico that we are funding and moving to our pipeline next week.”
“We are working with Global Fund out of New York,” said Massey. “We are looking to team up with a battery company so that we can have our own storage and be more of a technology play,” he added. “Many of the things that we have been working on are now starting to come to fruition.”
“Could you walk me through some of the services and different products that you have?” asked Davis. “Last year we did quite a bit on the residential side,” said Massey. “This year we are shifting more towards the commercial solar side,” he explained. “We are one of the contractors for the $5 billion EV charging bill that was passed recently by Congress.”
The conversation then turned to the Company’s intentions of listing on the Nasdaq in the future. “We believe if we uplist to the Nasdaq, we can unlock the true value of the company,” said Massey. “Many clean tech companies on the Nasdaq trade anywhere from 5x to 10x revenues; we are trading at 15% of our revenues on the OTC Market,” he explained. “We think working with Global Fund, partnering with a vanadium mining company, and having our own battery storage will position us for the Nasdaq to unlock the value of our pipeline and get the funding that we need to mature the company.”
“Are there any other exciting projects happening for the company in 2023?” asked Davis. “We just kicked off our finance division, which will allow us to offer our own financing for our projects,” said Massey. “Dealer fees are significant in the solar industry, but our dealer fees are lower than many of those out there,” he added. “We anticipate that this division will add a tremendous amount of revenues to the top line.”
To close the interview, Massey encouraged listeners and shareholders to keep up-to-date with the Company’s current and upcoming announcements as they continue to execute on their commercial pipeline and the development of their 2023 projects.
To hear David Massey’s entire interview, follow the link to the podcast here: https://audioboom.com/posts/8299103-solar-integrated-roofing-corp-discusses-potential-nasdaq-uplist-and-2023-commercial-pipeline-wit.
About Solar Integrated Roofing Corp.
Solar Integrated Roofing Corp. (OTC Pink: SIRC) is an integrated, single-source solutions provider of solar power, roofing and EV charging systems, specializing in commercial and residential properties throughout North America. The Company serves communities by delivering the best experience through constant innovation & legacy-focused leadership. For more information, please visit the Company’s website at www.solarintegratedroofing.com or join us on Twitter or LinkedIn.
This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will” and similar references to future periods. Examples of forward-looking statements in this press include, among others, statements about our renegotiated settlement agreement. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our limited operating history; our dependence on third parties for many aspects of our business; general market and economic conditions; technical factors; the availability of outside capital; our receipt of revenues; legislative developments; changes in our expenditures and other uses of cash; our ability to find, recruit and retain personnel in sufficient numbers to support our growth; our ability to manage growth; and general market, economic and business conditions. Additional factors that could cause actual results to differ materially from those anticipated by our forward-looking statements are under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our most recent Registration Statement on Form 10 or Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
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