Pablo Diaz Of Solar Integrated Roofing Corp. (OTC PINK: SIRC) Acquired USA Solar Network Tells Money TV That SIRC’s Family Of 13 Companies Operating In 38 States ‘Create Solutions And Find New Revenue Streams’ In Alternative Energy, From Solar And Roofing To EV Charging Stations
Pablo Diaz of Solar Integrated Roofing Corp. (OTC PINK: SIRC) acquired USA Solar Network tells ‘Money TV’ host Donald Baillargeon that SIRC’s family of 13 companies works together in a 38 state footprint to “create solutions and find new revenue streams” in alternative green energy — from solar to EV Charging Stations — for clients. In the just-released interview Diaz said he had been watching SIRC for several years before finally joining the company earlier this year. See the complete YouTube interview here.
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. (NASDAQ: RUN), Blink Charging Co. (NASDAQ: BLNK), Tesla, Inc. (NASDAQ: TSLA), GM (NYSE: GM), SolarEdge Technologies, Inc. (NASDAQ: SEDG), First Solar, Inc. (NASDAQ: FSLR), SunPower (NASDAQ: SPWR), Gibraltar Industries, Inc. (NASDAQ: ROCK), Spartan Acquisition Corp. II (NYSE: SPRQ). and Canadian Solar Inc. (NASDAQ: CSIQ).
Pablo Diaz Of Solar Integrated Roofing Corp. (OTC PINK: SIRC) Acquired USA Solar Network Tells Money TV That SIRC’s Family Of 13 Companies Operating In 38 States ‘Creates Solutions And Find New Revenue Streams’ In Alternative Energy, From Solar And Roofing To EV Charging Stations
He called the USA Solar Network his “brainchild” and was bullish about the ability of SIRC and its family of 13 companies operating in 38 states to, together, offer client’s solutions to all of their alternative energy needs. “Dave Massey (Chairman and CEO of SIRC) created an eco-system” combining energy solutions in sectors such as solar, roofing, rechargeable solar battery storage systems, EV Charging Stations, even green agricultural farming, he said.
“We manage the integrity of the process,” Diaz said. “I have been watching SIRC for several years now — they were doing every acquisition I would advise.” He added that the company is flourishing in an age of new technology in which fossil fuels are being replaced by alternative energy and vertical growth opportunities.
He explained that this week SIRC had announced $25 million in preliminary revenue for Q2 of its 2022 fiscal year. And as the company announcement said, only two months of USA Solar Network’s were included in this total — rather than the full three months — because its acquisition wasn’t completed at the start of the quarter.
One challenge facing SIRC, he said, is credibility with customers on the issue of believing all the cost-saving benefits can be achieved. Potential clients have to be assured that alternative energy offers security — people will have electricity regardless of weather conditions outdoors. “Economics have caught up in such a way that some people can realize six figure savings now.” Pablo Diaz Of Solar Integrated Roofing Corp. (OTC PINK: SIRC) Acquired USA Solar Network Tells Money TV That SIRC’s Family Of 13 Companies Operating In 38 States ‘Create Solutions And Find New Revenue Streams’ In Alternative Energy, From Solar And Roofing To EV Charging Stations.
Other factors helping are the sharp upward rise in the market cap of SIRC, he said. “The markets are seeing our SIRC consolidation — our market has increased by about 50% in the past two weeks. People don’t believe all of the benefits — but our market cap has increased and we have thousands of shareholders. All of this adds to our credibility factor,” Diaz said.
He added that after he appeared in a NASDAQ Marketsite interview in New York City last week, a torrent of rains from Hurricane Ida caused flooding in the region. “All of this put a strain on the grid and we need electricity,” he said, noting that people want security against electricity outages. Pablo Diaz Of Solar Integrated Roofing Corp. (OTC PINK: SIRC) Acquired USA Solar Network Tells Money TV That SIRC’s Family Of 13 Companies Operating In 38 States ‘Create Solutions And Find New Revenue Streams’ In Alternative Energy, From Solar And Roofing To EV Charging Stations.
FHP and USA Solar Network are notably significant as they feed more business resulting in solar/roofing installation transactions from leads while also attracting more installers/contractors anticipated to create more revenue for the Company. FHP develops leads through an intensive knock-on-doors campaign while USA Solar Network is part of a program in which SIRC will operate in-person meetings designed to attract more approved/vetted solar contractors and installers.
Solar Integrated Roofing Corp. (OTC PINK: SIRC) preliminary and unaudited sales soared to a record $25 million for Q2, the three months ended August 31, 2021, without full quarterly scale of two major acquisitions: Future Home Power(FHP) and USA Solar Network, the Company announced.
In the future, SIRC sees sales doubling, according to Dave Massey, chairman and CEO of SIRC, as it realizes full quarterly scale sales from these two acquired firms. He added that strong, internally generated and organic growth driving SIRC’s sales were from its solar, roofing and EV Charging brands. He also asserted that the Company can achieve profitability this fiscal year. Pablo Diaz Of Solar Integrated Roofing Corp. (OTC PINK: SIRC) Acquired USA Solar Network Tells Money TV That SIRC’s Family Of 13 Companies Operating In 38 States ‘Create Solutions And Find New Revenue Streams’ In Alternative Energy, From Solar And Roofing To EV Charging Stations.
Dave Massey, chairman/CEO of SIRC, said, “The second quarter of fiscal 2022 was highlighted by strong organic growth from our complementary solar, roofing and EV charging brands that drove record sales numbers. Notably, the quarter’s sales figures do not include a full quarter of revenue at scale from Future Home Power (FHP) or USA Solar Network — we believe we can double this quarter’s sales results going forward as we realize a full quarter of revenue from these acquisitions and continue our rapid pace of organic growth.” Pablo Diaz Of Solar Integrated Roofing Corp. (OTC PINK: SIRC) Acquired USA Solar Network Tells Money TV That SIRC’s Family Of 13 Companies Operating In 38 States ‘Create Solutions And Find New Revenue Streams’ In Alternative Energy, From Solar And Roofing To EV Charging Stations.
Massey added, “Looking ahead, we are continuing to focus on our corporate streamlining program to decrease costs and further realize cost synergies across our family of companies. Given our record sales growth, we believe we can achieve profitability this fiscal year. Our results, in combination with our share buyback program, are increasing our capital markets momentum towards audit completion and filing an application to become listed on the OTC Market’s OTCQB® Venture Market in the near term, with the goal of up listing to the NASDAQ thereafter.”
Congress is in the final stages of preparing a final total infrastructure bill which calls for extended and additional solar tax credits. To firms like Solar Integrated Roofing Corp. (OTC PINK: SIRC), the infrastructure program is key to future renewable green spending — such as federal tax credits for solar installations. Biden has said he wants to double the number of solar panels in operation in the U.S.
Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/.
Source: Stock Market Press
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