Solar Integrated Roofing Corporation (OTC PINK: SIRC) CEO David Massey said he expects revenues to grow to $40 million as a result of acquisitions and planned product expansion.
The company did about $4.9 million in sales last year so $40 million would be 10x its current revenue. They expect to be on track to do $40 million in annual sales within the next 30 days! The next goal is to file for an uplisting to a major exchange within the next few months.
“We’re in the middle of a tremendous surge in revenue growth,” he explained. “Everything we have been working on in 2019 is coming together. Our solar marketing company acquisition is poised to generate in excess of $1 million in monthly sales. We will be closing deals to acquire three additional solar and roofing companies, bringing in another $20 million in annual revenues.”
“The conversation at NASDAQ was all about growth,” Massey added. “We are bringing in more expertise, as one of the leading solar experts in the USA is joining our team! We are also expanding our products and services, transitioning from mostly residential projects to commercial, including multifamily units and grower facilities for the burgeoning cannabis industry.”
Check out the interview between the Nasdaq and Solar Integrated Roofing Corporation CEO David Massey on August 14, 2019.
Disclosure: I am long SIRC stock and it is in the GST long-term buy and hold portfolio.