Solar Integrated Roofing Corp. (OTC PINK: SIRC) Signs Non-Dilutive Partnership JV Agreement With American Contractor And ContractorCoachPRO To Host Solar Educational Events To Attract Contractors To Join SIRC Subsidiary USA Solar Network; Anticipates $1.5 Million Recurring Volume Monthly
Beginning in September 2021, Solar Integrated Roofing Corp. (OTC PINK: SIRC) will begin hosting a series of monthly Solar Educational Events throughout the United States as part of a non-dilutive partnership JV agreement with American Contractor and ContractorCoachPRO, SIRC announced today (August 18, 2021). The goal is to attract future contractors for SIRC subsidiary USA Solar Network. SIRC anticipates the program could generate $1.5 million in monthly recurring revenue per event from contractors who join the USA Solar Networks.
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).
Solar Integrated Roofing Corp. (OTC PINK: SIRC) Signs Non-Dilutive Partnership JV Agreement With American Contractor And ContractorCoachPRO To Host Solar Educational Events To Attract Contractors To Join SIRC Subsidiary USA Solar Network; Anticipates $1.5 Million Recurring Volume Monthly
Under terms of the agreement announced today, SIRC will begin hosting monthly complimentary Solar Educational Events in “solar-friendly” markets in September for prospective installers. They could either convert to or add solar to their business plan by joining SIRC subsidiary USA Solar Network. David Massey, chairman and CEO of SIRC, stressed that this agreement is non-dilutive.
American Contractor LLC is a industry-specific media company focused on providing entertainment education to all contractors who want to achieve the “American Dream.” ContractorCoachPRO LLC is an industry-specific business consulting company focused on the home services contractor niche. ContractorCoachPRO has coached 300+ companies and generated over $3 billion in revenues over the past eight years, it said.
The educational seminars and boot camps are scheduled to run two-three hours apiece and include “elite networking opportunities.” Anticipated revenue from thee events will be derived from contractors who choose to join USA Solar Network or from business, sales and marketing educational videos, the companies announced. Solar Integrated Roofing Corp. (OTC PINK: SIRC) Signs Non-Dilutive Partnership JV Agreement With American Contractor And ContractorCoachPRO To Host Solar Educational Events To Attract Contractors To Join SIRC Subsidiary USA Solar Network; Anticipates $1.5 Million Recurring Volume Monthly.
David Massey, Chairman and CEO of SIRC, said, “We are targeting a monthly attendance of 50 contractors and project 20% of event attendees will choose to join us. If each contractor then contributes an average of five deals a month at an average of $40,500 per deal, each event could conservatively generate over $1.5 million in recurring revenue per month — which adds up quickly over several events.” Solar Integrated Roofing Corp. (OTC PINK: SIRC) Signs Non-Dilutive Partnership JV Agreement With American Contractor And ContractorCoachPRO To Host Solar Educational Events To Attract Contractors To Join SIRC Subsidiary USA Solar Network; Anticipates $1.5 Million Recurring Volume Monthly.
Massey added, “American Contractor and ContractorCoachPRO have become well-known brands that deliver entertaining, educational content aimed at coaching contractors and those interested in contracting. Our partnership was a natural fit to introduce contractors to the benefits and opportunities of including solar and opportunities of including solar products and services in their business plan through our USA Solar Networks subsidiary. With the growing capabilities spanning the SIRC family of companies, we believe that we can effectively cover all aspects of creating a best-in-class business platform for contractors looking to dive into solar under our umbrella.”
Massey added that the key to the success of the program is the synergy between USA Solar Networks, American Contractor and ContractorCoachPRO. He predicted that the JV partnership would offer “the highest likelihood” for success for member dealers. Solar Integrated Roofing Corp. (OTC PINK: SIRC) Signs Non-Dilutive Partnership JV Agreement With American Contractor And ContractorCoachPRO To Host Solar Educational Events To Attract Contractors To Join SIRC Subsidiary USA Solar Network; Anticipates $1.5 Million Recurring Volume Monthly.
David Massey, chairman and CEO of SIRC, added that with its growth in multiple green renewable energy sectors, annual revenues achieved a record $17.1 million in the previous fiscal year. Massey said in a “New To The Street” TV interview, SIRC is now on track to beat $100+ million in revenue in the current FY 2022 and then record $200 million in volume in FY 2023.
Solar is on the move. As legislators in the House and Senate seek more federal tax cuts for comprehensive integrated solar roofs in the proposed (RAISE) The Roof Act, California regulators have unanimously approved new mandates for solar roofing of all new commercial buildings and high rise, multi-family residential dwellings. Both actions are designed to incentivize and provide growth of solar through tax credits and mandates. The moves would be a boon for solar installation companies, like Solar Integrated Roofing Corp. (OTC PINK: SIRC) and its subsidiaries.
Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/.
Source: Stock Market Press
Join Stock Market Press’ newsletter for the latest in IPO, market commentary and company profiles.
Stock Market Press is a financial news company that delivers up to date stock news, introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network.
Contact:
Stock Market Press
110 Wall St.
New York, NY 10005 info@stockmarketpress.com https://twitter.com/PressStock
Safe Harbor Statement:
Statements in this news release may be ”forward-looking statements.” Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Stock Market Press undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.
See Stock Market Press disclaimer: https://stockmarketpress.com/disclaimer/ SOURCE: Stock Market Press