Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) Troy Clymer, COO, Tells Money TV That SIRC Will Be ‘Next $1 Billion Alternative Energy Conglomerate’ And Transforming Organization Into SolarEV While Company Up Lists; Restructur-ing Subsidiaries Into One Consolidated Workchart And One National Conglomer-ateTo Accomplish Its Vision
Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) Troy Clymer, COO, tells Money TV’s Donald Baillargeon that SIRC will be the ‘next $1 billion alternative energy conglomerate’ and it is now transforming the organization into newly-named SolarEV while company seeks an exchange up list. The goal, Clymer said, is restructuring subsidiaries into one consolidated work chart and one national conglomerate to accomplish this vision. See and hear the complete interview at Money TV.
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Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) Troy Clymer, COO, Tells Money TV That SIRC Will Be ‘Next $1 Billion Alternative Energy Conglomerate’ And Transforming Organization Into SolarEV While Company Up Lists; Restructuring Subsidiaries Into One Consolidated Workchart And One National ConglomerateTo Accomplish Its Vision
“We are in the midst of changing our name while up listing and working with FINRA, so it can take some time,” Troy Clymer told Money TV’s host Donald Baillargeon. “But over the course of this year we will be rebranding as SolarEV and we will be divisionizing our organization into SolarEV East and West, consolidating our mighty sales organizations across solar, roofing and EV into one national salesforce and organize divisionally by geography.”
Speaking in front of a new corporate work chart, Clymer adds on Money TV, “At the same time, you can see our SolarEV development. For our commercial and microgrid opportunity, which represents an 80 megawatt commercial pipeline right now, and a 20 megawatt microgrid pipeline, as that becomes a larger percentage of our business it’s very important that we separate that commercial from our residential part of our business. At the same time, we centralize procurement and finance.”
He described how the newly structured company would leverage its economy of scale with its material suppliers to drive better deals for all segments of SolarEV. The results are ‘better opportunities’ for the company’s consumers, Clymer says. Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) Troy Clymer, COO, Tells Money TV That SIRC Will Be ‘Next $1 Billion Alternative Energy Conglomerate’ And Transforming Organization Into SolarEV While Company Up Lists; Restructuring Subsidiaries Into One Consolidated Workchart And One National ConglomerateTo Accomplish Its Vision.
“Our relationship with Enphase (NASDAQ: ENPH) (new pricing agreement announced recently) is just one example, of how the Company is leveraging procurement and its central finance with a long time partner, Enphase, to enable us to scale more quickly and carve out even better profit margins.”
Clymer said as the company puts its assets under a corporate umbrella, and set up tax equity internal funds which yield significant amount of recurring revenues for years for SIRC, “These are major model changes,” he concluded.
“This is a major evolution for us,” Clymer says. “And it means a significant value increase for our shareholders.” Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) Troy Clymer, COO, Tells Money TV That SIRC Will Be ‘Next $1 Billion Alternative Energy Conglomerate’ And Transforming Organization Into SolarEV While Company Up Lists; Restructuring Subsidiaries Into One Consolidated Workchart And One National ConglomerateTo Accomplish Its Vision.
He noted that the new name for the company was actually chosen by the firm’s passionate shareholders on SolarEV’s Discord Channel.
The next 60 days, he says, will be an important time period for the company. It is earnings reporting season, a time when SolarEV is hoping to close its pending LOI’s for more company acquisitions, a time to change its corporate name and implement a new corporate structure.
Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) Troy Clymer, COO, Tells Money TV That SIRC Will Be ‘Next $1 Billion Alternative Energy Conglomerate’ And Transforming Organization Into SolarEV While Company Up Lists; Restructuring Subsidiaries Into One Consolidated Workchart And One National ConglomerateTo Accomplish Its Vision
SIRC earlier announced a Q3 fiscal 2022 964% record spike in volume to $48.2 million from $4.5 million the comparable period the prior year. SIRC also sees itself ‘substantially exceeding’ its earlier forecast of $100 million revenue for the 12 months ended May 31, 2022, according to David Massey, Chairman and CEO of SIRC.
David Massey, SIRC chairman and CEO, says, “The third quarter of fiscal 2022 was highlighted by record revenue of $48.2 million, driven by seamless integration of our rapidly growing, high-margin acquisitions and our evolution into a truly national brand.
“The rapid pace of our acquisitions, partnerships and organic sales growth has enabled this incredible record revenue achievement, and we aim towards substantially exceeding our fairly conservative guidance for $100 million in revenue in the twelve months ended May 31, 2022.”
Solar Integrated Roofing Corp.’s (OTC PINK: SIRC) Troy Clymer, COO, Tells Money TV That SIRC Will Be ‘Next $1 Billion Alternative Energy Conglomerate’ And Transforming Organization Into SolarEV While Company Up Lists; Restructuring Subsidiaries Into One Consolidated Workchart And One National ConglomerateTo Accomplish Its Vision
Learn more about SIRC at https://www.solarintegratedroofing.com/corporate-governance/leadership/.
Source: Stock Market Press
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