Breaking
#Cleantech #Stock News - #Solar Integrated Roofing (OTC: $SIRC) Announces Initiation
of Share Buyback Program; @SIRCStock
EL
CAJON, CA –July 27, 2021 -
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, today announced the company has commenced
a share buyback program to reduce dilution
through a series of purchases to retire shares of its common stock.
Read this in full at https://www.investorideas.com/news/2021/renewable-energy/07271SIRC-Share-Buyback.asp
The
company is purchasing and retiring 5,000,000 shares of preferred stock, which
is convertible to 50,000,000 shares of common stock, from Brian Milholland, who
is retiring as President from Solar Integrated Roofing Corp. but will remain involved
as a consultant to the company.
“In
an effort to reduce dilution and drive shareholder value, the company will be
making a series of share buybacks beginning with today’s announced purchase of
Brian’s preferred shares. It’s truly been a privilege to work alongside Brian,
as his impact over the last year has been immeasurable in helping us build
towards the company we are today. We will certainly miss his full-time support,
though we appreciate his agreement to remain with us in a consulting role,
where his knowledge and expertise can continue to guide us moving forward. We
wish him the very best in retirement,” commented Massey.
About Solar
Integrated Roofing Corp.
Solar Integrated Roofing Corp. (OTC:SIRC), is an
integrated, single-source solar power and roofing systems installation platform
company specializing in commercial and residential properties throughout the
United States. The Company
serves communities by delivering the best experience through constant
innovation & legacy-focused leadership. The Company's broad
array of solutions include sales and installation of solar energy systems,
battery backup and electric vehicle (EV) charging stations to roofing, HVAC and
related electrical contracting work. For more information, please visit the
Company's website at www.solarintegratedroofing.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.
Investor
Relations Contact:
Lucas
A. Zimmerman
Director
MZ North America
Main: 949-259-4987
SIRC@mzgroup.us
www.mzgroup.us
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