Phone: 403-806-0664, Toronto Solar Integrated Roofing Corp. (OTC PINK: SIRC) today, Thursday, February 25, 2021, completes the acquisition of Cornerstone Construction of South Carolina, going national as a solar and roofing provider and seeing a robust pipeline for more acquisitions. What gives? Cornerstone Construction did almost $3 million their first quarter, and they typically generate 10% of their revenue during the first quarter," he explained. Forward-Looking Statements 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) and Canadian Solar Inc. (NASDAQ: CSIQ). Engaged investor relations specialists MZ Group to lead a comprehensive strategic investor relations and financial communications program. our sites and services. Closed acquisition of Pacific Lighting Management, a diversified energy services and electric vehicle (EV) charging solutions provider to large commercial and government customers, to help grow its dedicated EV charging solutions division. are polluting our land, water, and air.
About Cornerstone ConstructionCornerstone Construction, a licensed roofing contractor, has served over thousands clients throughout South Carolina and neighboring states since 2017 with quality solutions for residential and commercial roofing and solar. ", Jolly then asked about the Company's acquisition of Cornerstone Construction, a leading provider of roofing and solar solutions in South Carolina. Massey, CEO of Solar Integrated Roofing Corp. (OTC PINK: SIRC), projects that its fast-track growth will generate revenues of $20 million for the FY ending February 28, 2021, almost precisely the $19.8 million estimated by the initial report. We added several highly respected directors to round out our Board and engaged MZ Group, a leading investor relations firm, to lead our communications program. ", asked Jolly. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. No one is more qualified than we are to install solar panels on your home. Switching to solar energy is both better for the environment and your bottom line. Yahoo Finance Live anchors report that Carnival Cruise Line is set to sell $1 billion in stock. Net loss for fiscal year 2021 totaled $5.9 million, or $(0.03) per share, as compared to $4.6 million, or $(0.04) per share, in fiscal year 2020. This field is for validation purposes and should be left unchanged. Our team is made up of licensed roofing contractors. For more information, please visit the Company's website at www.solarintegratedroofing.com.
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. EL CAJON, CA - June 17, 2021 (Investorideas.com Newswire) Solar stock news from Investorideas.com Newswire and RenewableEnergyStocks.com - Solar Integrated Roofing Corp. ( OTC: SIRC ), an integrated, single-source solar power and roofing systems installation company, has reported its financial results for the fourth quarter and fiscal year ended February 28, 2021.
Vancouver To learn more, go to https://www.enerevsolar.com/getting-started. Solar energy is on the rise and its no wonder. ", Solar Trade Platform and Directory of Solar Companies, Company Directory 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. Closed acquisition of Cornerstone Construction, a leading provider of roofing and solar solutions in South Carolina and adjacent markets, completing the Company's transition to a national brand. Revenue for fiscal year 2021 increased 187% to a record $17.1 million, as compared to $9.1 million in fiscal year 2020. see it, a helpful voice on the phone is always welcomed.
Just where is the stock market going, thats the question investors are trying to answer. Turns out hes (sort of) right. Trading Starts Friday. "We're excited for the expansion into the Southeast," added Massey. What is Cornerstone Construction's latest funding round? The company disclaims any obligation to update the information contained in any forward-looking statement.
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"We're excited on several fronts," said Massey. BBB Business Profiles are provided solely to assist you in exercising your own best judgment. Disclosure: I/we have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Due to our rapid pace of acquisition, and the need to audit each of the newly acquired entities, we now plan to refile our Form 10 as soon as possible. Forward-Looking StatementsAny 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. When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints. Is this happening to you frequently? Anti-Spam Policy On Friday, the stock will trade on a split-adjusted basis, meaning one share will be worth one-fourth of what a share was worth previously. The first of 100,000 delivery EVs can now be seen in Baltimore, Chicago, Dallas, Kansas City, Nashville, Phoenix, San Diego, Seattle, St. Louis and other cities. 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. Stock Day provides companies with customized solutions to their news distribution in both national and international media outlets. "It means that very shortly after that period of time we're going to uplist to the OTCQB and we will be a fully reporting company.". Founded in 2013, Stock Day is the fastest growing media outlet for Nano-Cap and Micro-Cap companies.
"What does that mean for shareholders and when will we see an uplisting to the OTCQB? I look forward to continued execution in the months ahead, helping to create long-term value for our shareholders," concluded Massey. Copyright 2022 CB Information Services, Inc. All rights reserved. Complete the form to the right and a customer (Bloomberg) -- The 10% surge in Tesla Inc. shares Thursday after the electric-vehicle maker reported strong earnings is creating one notable group of losers: The pile of traders betting against the stock. AT&T stock is shedding value on Thursday, after a big miss on second-quarter free cash flow and lowered guidance for the remainder of the year. "They're going to have an explosive year, and we're really excited to have them onboard with SIRC. Goldman Small Cap Research Sees A Bright Future For SIRC Stock. Massey began the interview by elaborating on the Company's background and current projects. However, I think with the acquisitions that we're doing and the revenue that we will be reporting, I think our stock price could get there.". We recently acquired a company called PLEMco, which is in Southern California," shared Massey.
Closed acquisition of Balance, LLC, a Business Process Outsourcing (BPO) firm - finalizing the buildout of the Company's unified back-office capabilities to support all recent and future acquisitions. Toronto, ON, Canada By continuing to use this site you are consenting to these choices. For more information on Cornerstone Construction please visit: https://cornerstoneconstruction.org. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles. "I think it's going to be an explosive growth area for us, and we're also looking at several other EV charging companies nationwide to acquire," said Massey. "The acquisitions drove annual revenues to a record $17.1 million and set us on a course to achieve at least $100 million in the twelve months ended May 31, 2022. If youre looking to go solar, look no further than Cornerstone Construction. Our commitment to delivering the best personal service In addition to acquiring Enerev LLC and signing the binding letter of intent to buy Pacific Lighting for its new EV solutions division, SIRC entered a new alliance with San Diego builders to enter the new home business in that market. Access the headquarters listing for Cornerstone Construction Team, LLC. BBB Business Profiles may not be reproduced for sales or promotional purposes. Information is checked, categorised and connected. This year brought a dividend cut when AT&T spun off WarnerMedia, as the company doubled down on investing in its 5G and fiber networks. Novavax CEO Stan Erck joins Yahoo Finance Live to discuss the CDC recommending Novavaxs COVID-19 vaccine for adults, COVID vaccine distribution, the vaccine demand, and the outlook for an Omicron vaccine. Cornerstone Construction has filed 1 patent. Cornerstone CEO Hunter Ballew is a true industry thought leader, having created a movement in the roofing and solar industry that helps tens of thousands of roofers & solar providers across the country every year through retreats, a mastermind and an annual conference, RoofCON. We stay updated on the latest technology and best practices, ensuring the highest quality installation.
Saying that SIRC is expanding volume both organically and with acquisition growth, it projects SIRC sales at $19.8 million for FY 2021 and $38.5 million In FY 2022.
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