David Massey, CEO Of Solar Integrated Roofing Corp. (OTC PINK: SIRC) Tells Newsmax TV That New EV Charging Division Will Generate 25-30% Of Annual Company Revenues
David Massey, CEO of Solar Integrated Roofing Corp. (OTC PINK: SIRC), tells NewsMax TV host Jane King on ‘New To The Street’ that its new dedicated EV Charging Station Division — which just acquired Pacific Lighting Management or PLIMco. — will generate 25-30% of the total corporate revenue in the current FY.
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).
David Massey, CEO Of Solar Integrated Roofing Corp. (OTC PINK: SIRC) Tells Newsmax TV That New EV Charging Division Will Generate 25-30% Of Annual Company Revenues
David Massey, CEO of SIRC, said, “I recently read an article that between now and 2030 there will be some 500,000 EV charging stations installed.” David Massey, CEO Of Solar Integrated Roofing Corp. (OTC PINK: SIRC) Tells Newsmax TV That New EV Charging Division Will Generate 25-30% Of Annual Company Revenues.
He is equally excited about the potential of SIRC’s acquisition of five-state roofing and solar systems provider Cornerstone Construction, based in South Carolina, SIRC has gone nationwide with solar and roofing. Cornerstone currently operates in South Carolina, North Carolina, Arkansas, Oklahoma and Alabama.
Founder of Cornerstone Construction, Hunter Ballew, said that key to the future is the combination of roofing and solar. “I had the opportunity to fly out to San Diego and meet with Dave and hear his vision for where he wants to take this. A mutual friend connected us. I’m not interested in doubling of sales every year. Rather, I would like to be part of a first resource organization where a consumer can call from anywhere in the country of solar, roofing or EV. It just made a lot of sense.”
SIRC Forecasts Annual Run Rate Will Reach $100 Million By May
Solar Integrated Roofing Corp. (OTC PINK: SIRC) is focused on growing in clean energy and particularly solar and EV battery energy storage. SIRC has been on an acquisition spree and David Massey, CEO, predicted that by May it will raise its annual run rate to $100 million annually — representing a monthly volume of $8-$9 million monthly. Massey said,
“It doesn’t mean we‘ve done $100 million, but that we’re doing $8-$9 million monthly.” Reflecting its fast growth, SIRC has just closed on the takeover of EV station firm Pacific Lighting Management or PLEMco. In its immediate list of goals is an up listing after its audit was completed and Form 10 it has competed its audit and to become a fully reporting SEC company and up list to the QB exchange within the next 60 days. David Massey, CEO Of Solar Integrated Roofing Corp. (OTC PINK: SIRC) Tells Newsmax TV That New EV Charging Division Will Generate 25-30% Of Annual Company Revenues.
David Massey, CEO of SIRC, said, “The completion of the audit process and submission of a Form 10 to become a fully reporting company is truly a watershed moment and a momentous milestone for our team and valued shareholders. These steps will provide additional transparency and assurance to our reported financials to investors evaluating our company. This status also opens us up to a new level of institutional investors and to potentially wider interest from the capital markets community.”
Massey added. “Looking ahead, the audit sets the stage for us to file 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. We anticipate the increased visibility from an OTCQB listing, when paired with our fully reporting status, could offer significant value as we continue to focus on becoming a cohesive, nationwide platform company for roofing and solar installers. I look forward to the months ahead as we continue our rapid pace of operational execution in an effort to build sustainable value for our shareholders over the long term.” David Massey, CEO Of Solar Integrated Roofing Corp. (OTC PINK: SIRC) Tells Newsmax TV That New EV Charging Division Will Generate 25-30% Of Annual Company Revenues.
SIRC’s Transition Into A Nationwide Roofing And Solar Solutions Provider
David Massey, SIRC CEO, said, on acquiring Cornerstone Construction, “This significant acquisition is the first step in our company’s transition into a nationwide roofing and solar solutions provider. Throughout 2020, Cornerstone moved strategically into new markets including Charlotte, N.C., Charleston, S.C., Little Rock, Ar., Tulsa, Okla. and Foley, Ala. The company completed 1,000 installs of roofing and solar in 2020, generating over $15 million in sales with robust projected growth.” Massey added, “This is an exciting presence that we believe will help grow our acquisition pipeline nationally, helping to create value for our shareholders.” To learn more, go to https://cornerstoneconstruction.org/
Solar Integrated Roofing Corp. (OTC PINK: SIRC) Executes A Flurry Of Clean Energy Acquisitions
SIRC Targets Closing Of Pacific Lighting Acquisition
SIRC in buying Pacific Lighting Management, Inc., for its new Dedicated EV Charging Station Solutions Division, brings in-house several long term (IDIQ-type) government contracts with the General Services Administration (GSA and GSA Fleet). Its customers also include federal, state and local governments, school districts, hospitals and large commercial clients, the Company said. It is a cash-flow positive buy, SIRC said. It is based in Southern California, in Santa Ana. Learn more about Pacific Lighting at http://www.pacltg.com/
SIRC Closes On Acquisition Of Solar Installer Enerev LLC
Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/.
Source: Stock Market Press
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