Solar
Integrated Roofing Announces Shareholder Meeting and Recaps 2019
Achievements
POWAY, CA
-- November 25, 2019 --
InvestorsHub NewsWire -- Solar Integrated Roofing Corporation
(OTCPINK:
SIRC), an integrated solar and
roofing installation company specializing in commercial and
residential properties with a focus on acquisitions of like
companies to build a footprint nationally, announced today that the
company will hold its annual shareholder meeting on December
10th,
2019 at the corporate offices in Poway, CA. In addition, the
company recaps its achievements for 2019 creating the momentum for
success in 2020.
David Massey, CEO of SIRC,
commented, "2019 has been a tremendous year
of growth and accomplishment
for SIRC. We have executed on our
plan to make acquisitions, grow revenues and the bottom line, but
more importantly grow shareholder value. Thus far,
we have closed four acquisitions,
dramatically
increasing revenues. We have completed our audit and are in the
final stages of up listing our shares to the OTCQB
exchange. Long term we expect to move
to the NASDAQ Exchange."
Milestone
Acquisitions for SIRC
include:
1. Secure Roofing and
Solar, $5 million in trailing annual
revenues.
2. McKay Roofing, $5
million in trailing annual
revenues.
3. Montross, $2.5
million in trailing annual
revenues.
4.
Narrate,
Inc., a marketing
acquisition, expects to nearly double
revenues every month as they continue to add sales agents, with a
targeted revenue goal of $3 million monthly by Summer
2020.
Commenting further, Massey
said, "Annualizing the revenue
streams of the company and its acquisitions puts
our February
fiscal 2021 revenues at
approximately
$40
million.
We will continue to make strategic acquisitions that are accretive
to both our top and bottom
lines
along with increasing shareholder value. We expect to be able to
announce another milestone to our plan next week after the
holiday."
About
Solar Integrated Roofing Corporation
Solar
Integrated Roofing Corporation is an integrated solar and
roofing installation company specializing in commercial and
residential properties with a focus on acquisitions of like
companies to build a footprint nationally. For more
information, please visit:
www.solarintegratedroofingcorp.com
Forward-Looking
Statements:
Any statements
made in this press release which are not historical facts contain
certain forward-looking statements; as such term is defined in the
Private Security Litigation Reform Act of 1995, concerning
potential developments affecting the business, prospects, financial
condition and other aspects of the company to which this release
pertains. The actual results of the specific items described in
this release, and the company's operations generally, may differ
materially from what is projected in such forward-looking
statements. Although such statements are based upon the best
judgments of management of the company as of the date of this
release, significant deviations in magnitude, timing and other
factors may result from business risks and uncertainties including,
without limitation, the company's dependence on third parties,
general market and economic conditions, technical factors, the
availability of outside capital, receipt of revenues and other
factors, many of which are beyond the control of the company. The
company disclaims any obligation to update the information
contained in any forward-looking statement. This press release
shall not be deemed a general solicitation.
Contact:
Marlena
LeBrun
760-566-9116
marlenalebrun@gmail.com
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