Solar Integrated Roofing Corp.'s (OTC PINK: SIRC) Owned Cornerstone Construction Has Opportunity After Hail Storms Pummel Oklahoma And Creates Some $600 Million In Roofing Damage; If Cornerstone Gets Only 2%, Total Repair Revenue Could Be $12 Million; Dave Massey, CEO Of SIRC, Sees Booming Roof Repair Market In Texas

Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) Owned Cornerstone Con-struction Has Opportunity After Hail Storms Pummel Oklahoma And Creates Some $600 Million In Roofing Damage; If Cornerstone Gets Only 2%, Total Repair Revenue Could Be $12 Million; Dave Massey, CEO Of SIRC, Sees Booming Roof Repair Market In Texas

Posted May 6, 2021

In NASDAQ: BLNK, NASDAQ: CSIQ, NASDAQ: FSLR, NASDAQ: IDEX, NASDAQ: ROCK, NASDAQ: RUN, NASDAQ: SEDG, NASDAQ: SPWR, NASDAQ: TSLA, NYSE: GM, NYSE: SPRQ, OTC PINK: SIRC

David Massey, CEO of Solar Integrated Roofing Corp. (OTC PINK: SIRC), has been outspoken about the lucrative roof repair market in Texas and contiguous states from tornados and hail storms. Now, late last week, a triple system tornado and hail storm pummeled Norman, Oklahoma plus San Antonio and Ft. Worth, Texas. It caused some $600 Million in damages to 50,000 homes in Oklahoma alone. If SIRC-owned Cornerstone Construction — which operates in Tulsa, Oklahoma — receives just 2% of that roof repair work it would earn some $12 million. Total damage was estimated by authorities at $3.5 billion from the storm in the two states. The Washington Post said damage caused was at least $1 billion+ in total. This includes damage to cars, homes and other property. The storm was so severe that hail, at four-inches in diameter, in Norman, Ola., broke through the roof of a Wal-Mart store and scattered shoppers.

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.’s (OTC PINK: SIRC) Acquired Cornerstone Construction Has Opportunity After Hail Storms Pummel Oklahoma And Creates Some $600 Million In Roofing Damage; If Cornerstone Gets Only 2% Total Repair Revenue Could Be $12 Million; Dave Massey, CEO Of SIRC, Sees Booming Roof Repair Market In Texas

The storm damage in Oklahoma could be a gold mine to SIRC’s Cornerstone Construction and bring some $12 million in new roof repair and replacement work. David Massey has had his eyes on expansion to the Texas market precisely because of the damage tornadoes and hail can do to residential roofs. As a result, the market for new roofs, roof repairs and solar is lucrative, he said. Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) Owned Cornerstone Construction Has Opportunity After Hail Storms Pummel Oklahoma And Creates Some $600 Million In Roofing Damage; If Cornerstone Gets Only 2%, Total Repair Revenue Could Be $12 Million; Dave Massey, CEO Of SIRC, Sees Booming Roof Repair Market In Texas.

Core Of SIRC’s Original Business Is Roofing: Texas Is Major Opportunity

David Massey, CEO of SIRC, said that In addition to SIRC’s entry into clean energy sectors, such as solar, solar batteries such as Tesla’s (NASDAQ: TSLA) Powerwall and EV Charging Stations, the core of SIRC’s original business is roofing. David Massey, CEO of SIRC, recently told MicroCap investors at a Planet MicroCap virtual conference, that he sees a bright roofing future in Texas. Massey said, “We sincerely feel like Texas, especially after just having a storm, is a prime, prime area for roofing and solar and that is kinda storm country there. When they get hail storms there, the roofs fly off the shelves. They are selling 100-200 roofs a day. In California, that is like three months of work for us so it’s an exciting market and we are really excited to get in that market.” He was speaking prior to the recent triple-storm of hail and tornadoes, so he knew that these roof-damaging storms happen often in Texas. He said that in the future SIRC would endeavor to enter the Texas market —- and he is impatient to do so.

SIRC Acquires Cornerstone Construction To Become A National Leader In Roofing And Solar Solutions

Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) has positioned itself to take an active role in Oklahoma’s roof-repair generated by hail storms and tornadoes when it acquired of Cornerstone Construction, which is based in South Carolina and operates in five states. The move solidified SIRC’s roofing/solar position nationally. Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) Owned Cornerstone Construction Has Opportunity After Hail Storms Pummel Oklahoma And Creates Some $600 Million In Roofing Damage; If Cornerstone Gets Only 2%, Total Repair Revenue Could Be $12 Million; Dave Massey, CEO Of SIRC, Sees Booming Roof Repair Market In Texas.

In addition to roofing and solar, Cornerstone also offers customers design and installation services for solar and solar shingle arrays that integrate seamlessly into new and existing roofing systems. It also offers roof repairs, replacement services, gutters, windows, siding and decking. Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) Owned Cornerstone Construction Has Opportunity After Hail Storms Pummel Oklahoma And Creates Some $600 Million In Roofing Damage; If Cornerstone Gets Only 2%, Total Repair Revenue Could Be $12 Million; Dave Massey, CEO Of SIRC, Sees Booming Roof Repair Market In Texas.

Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/.

Source: Stock Market Press

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Ruchika Gupta is a writer for Stock Market Press, covering technology, energy, cannabis, finance, biotech and industrials, among other sectors. She holds a maters's degree in English and produces financial and business content for a range of media outlets.