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Bulls Take Charge of Solar Integrated Roofing Corp (OTCMKTS: SIRC)

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Solar Integrated Roofing Corp (OTCMKTS: SIRC) has been running higher in recent weeks quickly attracting legions of new shareholders that join a well-established shareholder base that continue to accumulate at current levels. SIRC has a long history of big moves running over $0.20 per share in August of 2019.

There is plenty to get excited about on SIRC which is focused on becoming the leader in solar and roofing installation. The Company has seen rapid growth through acquisition and reported a8dited financials in February showing Solar Integration did $9,122,685 in revenues for the fiscal year ended February 23, 2020 up from $4,975,907 in 2018. Solar Integrated just retired 20 million shares of common stock, valued at over 1 million USD bringing its total OS to 138,674,132 as of September 17.

Solar Integrated Roofing Corp (OTCMKTS: SIRC) operating out of El Cajon, California is leading, “green energy” Southwest-based solar and roofing installation company specializing in commercial and residential properties with a focus on growth through acquisition. Solar Integrated mission is to become the nationwide leader in green energy by employing an effective strategy for solar and roofing needs by making it cost-effective and energy-efficient. Founded in 1989, Solar Integrated Roofing started installing residential roofs in the San Diego area. Quickly becoming the largest residential roofing company in San Diego with the trusted name of Secure Roof. In 2008, The Company’s founder and current CEO Dave Massey saw the vision of PV Solar being installed on roofs in California as the green energy movement began. They identified that when financing green roofing projects at a low cost, the low-interest loan could finance a roofing solar project for less than the homeowners’ electric bill.

The Company has been experiencing serious growth through acquisition; During the year ended February 29, 2020, Solar Integrated acquired Narrate, LLC, McKay Roofing Company Inc., Milholland Electric, and Montross Companies, Inc. in a series of cash and stock transactions. Solar Integrated has been focused on up-listing its shares to the QX exchange this year. To this end the Company has been working with OTC Markets and retained a new accounting firm with vast public company experience. The Company also named Angela Smoley, CPA as CFO of SIRC. Ms. Smoley has a background in mergers and acquisitions, auditing, corporate finance, and accounting management. Currently SIRC is listed is “pink current” on OtcMarkets.com.

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SIRC

Solar Integrated is doing big revenues; according to audited financials filed in February the company did $9,122,685 in revenues for the fiscal year ended February 23, 2020 up from $4,975,907 in 2018.

On September 17 Solar Integrated announced it is retiring 20 million shares of its Common Stock to Treasury. The current market value of this retirement is over $1 Million USD, and accounts for approximately 15% of the current Outstanding Shares. This is just one of the major milestones and achievements Solar Integrated has accomplished in recent months, inclusive of: Consolidated audit reaching completion as of this week and being prepared for submission, $2 Million in revenue with a 20% net profit leading to over $400K in net profit for the month of August, Q2 revenues are projected to be approximately $5 Million, by far the most profitable quarter in company history

Dave Massey, CEO of Solar Integrated stated “2020 has really been a momentous year for us. Early in the year, we established the goal of becoming a strong contender in the renewable energy sector and in recent months, we’ve shattered expectations and increased our footprint significantly in several major metropolitan areas. We are currently in the final stages of negotiation with our acquisition target mentioned in the September 9th press release, and we anticipate closing within the very near future. As expected, our projections show an increase in profits as we climb steadily into the strongest quarter during the final months of 2020. I greatly anticipate sharing with you the completion of several exciting updates and developments, which will greatly enhance shareholder value as we embark on the beginning of the strongest period in our corporate history.”

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Currently running northbound in a hurry SIRC is an exciting story developing in small caps; SIRC is focused on becoming the leader in solar and roofing installation. The Company has seen rapid growth through acquisition and reported audited financials in February showing Solar Integration did $9,122,685 in revenues for the fiscal year ended February 23, 2020 up from $4,975,907 in 2018. Solar Integrated just retired 20 million shares of common stock, valued at over 1 million USD bringing its total OS to 138,674,132 as of September 17. Solar Integrated has been focused on up-listing its shares to the QX exchange this year. To this end the Company has been working with OTC Markets and retained a new accounting firm with vast public company experience. The Company also named Angela Smoley, CPA as CFO of SIRC. Ms. Smoley has a background in mergers and acquisitions, auditing, corporate finance, and accounting management. Currently SIRC is listed is “pink current” on OtcMarkets.com. We will be updating on SIRC when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with SIRC.

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Disclosure: we hold no position in SIRC either long or short and we have not been compensated for this article.

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