Solar Integrated
Roofing Generated Record Revenue of
Approximately $1.7 Million for the Month of October
A 40% Increase over Septembers Numbers
POWAY, CA
-- November 7, 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
generated record
revenues of approximately $1.7 million for the month of October.
That represents an approximate 40% increase over the September
numbers.
Dave Massey, CEO of SIRC,
commented, "we are integrating the most recently announced
acquisitions which are just beginning to show the results
we expect from
our business
plan."
Commenting further, Massey
said, "The
company experienced growth across all of our companies with
Secure Roofing
and Solar turning in
more than
$521,000 and Montross nearly $200,000 in revenues,
respectively. Narrate, our marketing
company, booked just shy of $370,000, up 50% over last month. They
are executing right on schedule and building a massive lead base.
McKay Roofing did $558,000 in October at a profit margin of over
20%."
Finally, Massey commented,
"we expect this growth to continue as we cross sell our
solar/roofing solutions and generate new business. We are very
optimistic going into 2020 as the State of California has mandated
that all new home construction be equipped with solar energy
capabilities. We expect that this state mandate will positively
affect our revenues in 2020 and beyond.
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
LeBrunApprocach
760-566-9116
marlenalebrun@gmail.com
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