SIRC nice news Solar Integrated Roofing Corporation Signs LOI to Acquire 35 Year-Old Roofing Company; Nearly $5 Million Revenues PR Newswire "Press Releases US - English"
POWAY, Calif. , Nov. 28, 2018 /PRNewswire/ --Solar Integrated Roofing Corporation (OTCPINK:SIRC) CEO David Massey announced the company has signed an LOI to acquire a well-established roofing company with nearly $5 million in revenues.
"We couldn't be more enthusiastic about this deal," said Massey. "This is a 35 year-old company with over 25,000 past clients that we can market our rooftop solar installations to. They fit in perfectly with our existing business model and have excellent profit margins as well."
Massey added that significant progress has been made on acquisition deals previously announced. "We have executed the Term Sheet on our large media company target and if all goes according to plan, we can also expect to close four of the acquisitions in 2018, with another three in Q1 of 2019. We are experiencing significant growth and building exceptional shareholder value!"
Massey will be appearing on MoneyTV with Donald Baillargeon this week to further discuss the company's acquisition activity and progress.
About Solar Integrated RoofingCorporation Solar Integrated Roofing Corporation (SIRC) 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 information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.
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SOURCE Solar Integrated Roofing Corp. (SIRC)
POWAY, Calif. , Nov. 28, 2018 /PRNewswire/ --Solar Integrated Roofing Corporation (OTCPINK:SIRC) CEO David Massey announced the company has signed an LOI to acquire a well-established roofing company with nearly $5 million in revenues.
"We couldn't be more enthusiastic about this deal," said Massey. "This is a 35 year-old company with over 25,000 past clients that we can market our rooftop solar installations to. They fit in perfectly with our existing business model and have excellent profit margins as well."
Massey added that significant progress has been made on acquisition deals previously announced. "We have executed the Term Sheet on our large media company target and if all goes according to plan, we can also expect to close four of the acquisitions in 2018, with another three in Q1 of 2019. We are experiencing significant growth and building exceptional shareholder value!"
Massey will be appearing on MoneyTV with Donald Baillargeon this week to further discuss the company's acquisition activity and progress.
About Solar Integrated RoofingCorporation Solar Integrated Roofing Corporation (SIRC) 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 information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.
View original content:http://www.prnewswire.com/news-releases/solar-integrated-roofing-corporation-signs-loi-to-acquire-35-year-old-roofing-company-nearly-5-million-revenues-300756664.html
SOURCE Solar Integrated Roofing Corp. (SIRC)
