David Massey Unanimously Elected Chairman Of The Board In Addition To CEO And Director Roles At Solar Integrated Roofing Corp. (OTC PINK: SIRC), As Jason Newby, Founder Of Newly Acquired Future Home Power, Also Elected To SIRC Board; SIRC Strengthens Board In Anticipation Of Future Nasdaq Up Listing
In moves to strengthen its Board in anticipation of a future Nasdaq up listing, Solar Integrated Roofing Corp. (OTC PINK: SIRC) today (August 10, 2021) announces it has unanimously elected David Massey Chairman of the Board, in addition to his roles as CEO and Director. In addition, the Board also elected unanimously Jason Newby, founder of recently-acquired Future Home Power (FHP) as Director. Massey said, “We have stronger corporate governance than ever, and are rapidly advancing towards meeting the requirements for our planned Nasdaq up listing — which is our highest priority on the capital markets front.”
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 Unanimously Elected Chairman Of The Board In Addition To CEO And Director Roles At Solar Integrated Roofing Corp. (OTC PINK: SIRC), As Jason Newby, Founder Of Newly Acquired Future Home Power, Also Elected To SIRC Board; SIRC Strengthens Board In Anticipation Of Future Nasdaq Up Listing
Massey said, “I am truly honored to take on the role of Chairman, helping to guide Solar Integrated Roofing as it turns its focus to achieving scale and profitability. Our leadership and corporate governance teams have continued to grow as we integrate executives from our acquisitions, and we welcome Jason Newby to the Board. His leadership and sales execution at Future Home Power (FHP) will help us expand the breadth and depth of our reach as a company, and I look forward to embracing his guidance and experience as a Director.”
He added, “With these new Board appointments, we have stronger corporate governance than ever, and are rapidly advancing towards meeting and the requirements for our planned Nasdaq up listing — which is our highest priority on the capital markets front. On the business side, we continue to execute on our strategy to prioritize organic growth, with key marketing initiatives tracking well with our expectations — achieving regular monthly sales records. I look forward to further execution in the quarters ahead as we strive to create sustainable, long-term value for our shareholders.”
David Massey, chairman and CEO of SIRC, predicted in a recent interview that SIRC would record sales of $100+ million in FY 2022 and then double again to $200 million by FY 2023. The company will begin to focus now on its EV Charging Station business, with Massey declaring, “That industry is really starting to grow, and we’re going to grow with it.” David Massey Unanimously Elected Chairman Of The Board In Addition To CEO And Director Roles At Solar Integrated Roofing Corp. (OTC PINK: SIRC), As Jason Newby, Founder Of Newly Acquired Future Home Power, Also Elected To SIRC Board; SIRC Strengthens Board In Anticipation Of Future Nasdaq Up Listing.
He explained the future of the Company in terms of sales growth is going to explode into much higher territory. After achieving sales in the last closed fiscal year of $17 million — a little more than five times growth from the prior year — he sees significantly higher volume ahead. “In FY 2022 we’re very confident that we will break the $100 million mark this year and double the following year with $200 million in FY 2023 without really buying any more companies,” Massey said.
Massey added that as SIRC’s solar/roofing sector is growing well, the company will now begin focusing on its EV said. As the electric car industry and EV Charging Station business grows, SIRC intends to grow with it. David Massey Unanimously Elected Chairman Of The Board In Addition To CEO And Director Roles At Solar Integrated Roofing Corp. (OTC PINK: SIRC), As Jason Newby, Founder Of Newly Acquired Future Home Power, Also Elected To SIRC Board; SIRC Strengthens Board In Anticipation Of Future Nasdaq Up Listing
Solar Integrated Roofing Corp. (OTC PINK: SIRC) said earlier that it considers its 600% jump in record July sales to $10.5 million as the “tip of the iceberg.” The 600% jump vs. the comparable month the prior year breaks the Company’s June 2021 all-time monthly record. David Massey, Chairman and CEO of SIRC, said, “The incredible sales growth we saw in July is just the tip of the iceberg as our marketing campaigns and recently acquired companies are just starting to kick in — I believe we can continue this rapid cadence of sequential growth in the historically busy fall season.”
He explained that “our biggest months are July, August, September and October.” He added, “As we look inwards to prioritize organic growth and key marketing initiatives get underway, I believe we will be well positioned to achieve our goal of realizing synergies with scale and reaching a sustainable level of profitability,” he said. David Massey Unanimously Elected Chairman Of The Board In Addition To CEO And Director Roles At Solar Integrated Roofing Corp. (OTC PINK: SIRC), As Jason Newby, Founder Of Newly Acquired Future Home Power, Also Elected To SIRC Board; SIRC Strengthens Board In Anticipation Of Future Nasdaq Up Listing.
Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/.
Source: Stock Market Press
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