SOURCE: Solar Integrated Roofing Company Corp.

August 04, 2016 09:00 ET

Solar Integrated Roofing Corp. Comments on Recent Trading Activity

SAN MARCOS, CA--(Marketwired - Aug 4, 2016) - Solar Integrated Roofing Corp. (OTC PINK: SIRC) ("Solar Integrated Roofing" or the "Company"), a California-based integrated solar and roofing installation company, today commented on the recent trading activity in its stock. There has been an uncharacteristically high volume of trading in the Company's common stock on August 2 and 3, 2016. This has caused the Company's management to believe it necessary to advise our investors that this high volume was not the result of any trading activity by the Company or its management or members of the board of directors.

David Massey, Chief Executive Officer of the Company, stated, "As we have stated in prior press releases and interviews, the Company continues to experience record sales growth, with anticipate revenues increasing at a rate of $1 million per quarter, meaning a 2016 annual revenue of $14 million. We are thrilled with the current growth trajectory of the Company, both organically and through the two accretive acquisitions we've made thus far in 2016."

The Company will continue to keep the market informed as required but does not intend to make any further comment or release regarding market speculation.

About Solar Integrated Roofing Corp.

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.

Contact Information

  • Contact:
    Solar Integrated Roofing Corporation
    (760) 916-7444

    Investor Relations
    Michael J. Porter
    Porter, LeVay & Rose, Inc.
    (212) 564-4700
    mike@plrinvest.com