Wednesday, November 30, 2022

Investor Ideas #Potcasts 639, #Cannabis News and #Stocks on the Move- (CSE: $IWIN.C), (OTCQB: $XBRAF), (NASDAQ: $VLNS), (CSE: $RIV.C), (Nasdaq: $HITI)

Investor Ideas #Potcasts 639, #Cannabis News and #Stocks on the Move- (CSE: $IWIN.C), (OTCQB: $XBRAF), (NASDAQ: $VLNS), (CSE: $RIV.C), (Nasdaq: $HITI)

 


Vancouver, Delta, Kelowna, BC, November 30, 2022 (Investorideas.com Newswire), investorideas.com,  a global news source covering leading sectors including marijuana and hemp stocks and its potcast site  release today’s podcast edition of  cannabis news and stocks to watch plus insight from thought leaders and experts.

 

Listen to the podcast:

https://www.investorideas.com/Audio/Podcasts/2022/113022-StocksToWatch.mp3

 

Read this in full at https://www.investorideas.com/news/2022/cannabis-potcasts/11301IWIN-XBRAF-VLNS-RIV-HITI.asp

 

Hear Investor ideas cannabis potcast on iTunes  

 

Hear the investor ideas potcast on Spotify

 

Today’s podcast overview/transcript:

 

In today’s podcast we look at a few public company announcements covering areas such as membership programs, beverages, Canadian LP’s and Psychedelics.

 

High Tide Inc. (Nasdaq: HITI) (TSXV: HITIannounced the launch of Cabana Elite, an optional paid membership upgrade for Cabana Club members. Starting today, customers can sign up for ELITE in-store and online at www.cannacabana.com. The Company expects that ELITE will extend the Cabana Club membership program, attract new customers and instil even greater customer loyalty. The Company anticipates that further discounts, benefits and promotions will be regularly added to ELITE.

 

"I am delighted to finally announce the launch of ELITE, the next evolution in our innovative discount club model and a huge milestone for High Tide. The continuous innovation from our team has positioned us as a top-performing Canadian cannabis company, and ELITE is the natural result of this success. By leveraging the strengths of our diversified cannabis ecosystem, we are providing additional value to ELITE members by offering discounts on High Tide's global online consumption accessories platforms. We see this as a big step towards building our loyalty program into a global cannabis community as we continue to convert price-conscious consumers from the illicit market into our legal cannabis ecosystem," said Raj Grover, President and Chief Executive Officer of High Tide.

 

"Our goal is to sign up as many Cabana Club members to ELITE as possible within the first year, following which we anticipate an even greater financial impact in subsequent years. During these inflationary times, we decided to offer the ELITE membership at a 50% discount for a limited time to allow our customers to try out the new program at a minimum cost. Once our customers see what ELITE has to offer, we anticipate they will look to maintain their status in subsequent years. Launching ELITE was not an easy task, given the varied regulatory landscape in the Canadian provinces where we operate. Our team has been working hard on this project for many months, and I want to take this opportunity to extend my sincere gratitude to our team members and provincial regulators, who helped us get to this pivotal day. We are confident ELITE will generate excellent returns for our shareholders, who can rely on High Tide for continued innovation and execution," added Mr. Grover.

 

RIV Capital Inc. (CSE: RIV) (OTC: CNPOF), an acquisition and investment firm with a focus on building a leading multistate platform with one of the strongest portfolios of brands in key strategic U.S. markets, today released its financial results for the three and six months ended September 30, 2022 ("FQ2 2023").

 

FQ2 2023 Highlights

       Received New York State Cannabis Control Board ("CCB") and New York State Office of Cannabis Management ("OCM") approval for Etain, LLC's change of control request, clearing the path for the Company to complete the final closing of the previously announced acquisition of ownership and control of Etain IP LLC and Etain, LLC (collectively, "Etain") (the "Etain Acquisition")

       Entered into a lease agreement with Zephyr, a leading California-based developer, for the development and operation of a planned new flagship cannabis cultivation and manufacturing facility in Buffalo, New York

       $165 million of cash on-hand to, among other things, support the completion of the Etain Acquisition, the expansion and development of Etain's cultivation and processing facilities, and to pursue new growth opportunities

       Reported a net loss of $142.3 million, including a goodwill impairment charge of $138.9 million related to the Etain Acquisition

 

"Having cleared all regulatory hurdles, we are eager to complete the final closing of the Etain Acquisition before the end of 2022, establishing RIV Capital as a strongly positioned, vertically integrated cannabis operator in New York," said Mark Sims, President and CEO of RIV Capital. "With the long-awaited drafts of New York cannabis market regulations approved for publication last week, we are looking forward to continuing to work with the State to help create an efficient market where registered organisations can operate effectively. We intend to provide our feedback during the public review period and continue to work with the regulators to support the creation of rules that are mutually beneficial for all stakeholders."

 

"The draft regulations further support our thesis that there will be a robust wholesale market in New York, where the most successful companies will be those that can build the strongest brands. New York continues to offer us the best platform to launch our brand-focused strategy, and our expanding cultivation footprint designed to support the premium New York market provides RIV Capital with attractive wholesale opportunities."

 

Eddie Lucarelli, Chief Financial Officer of RIV Capital, added, "In this environment where access to capital and liquidity continues to be challenging for many cannabis companies, we believe we remain well positioned with a strong balance sheet to execute our expansion strategy in New York and simultaneously evaluate other growth and capital allocation opportunities."

 

The Valens Company Inc. (TSX: VLNS) (NASDAQ: VLNSannounced that its shareholders have voted in favour of the resolution approving the plan of arrangement pursuant to which SNDL Inc. will acquire all of the issued and outstanding common shares of Valens on the basis of 0.3334 of a SNDL common share for each outstanding Valens common share, on and subject to the terms of the arrangement agreement dated August 22, 2022 to which Valens and SNDL are parties. Over 96% of votes cast at the Company's special meeting of shareholders held on November 29, 2022 were in favour of the Resolution.

 

"With this announcement, we are one step closer to combining two best-in-class cannabis companies that have extremely complementary assets to create a true market leader. This pro forma company will create Canada's first large vertically integrated cannabis company that unites SNDL's exceptional balance sheet and largest cannabis retail network in Canada with Valens' low-cost manufacturing platform. We look forward to taking Valens' brands to new heights and unlocking 2.0 products for the SNDL platform," said Tyler Robson, Chief Executive Officer of The Valens Company. "We believe the pro forma company provides investors with attractive exposure not only to the highest revenue generating cannabis company in Canada trading well under its tangible book value but also a dominant platform that can become a global leader in cannabis."

 

Xebra Brands Ltd. (CSE: XBRA) (OTCQB: XBRAFannounced that its cannabis infused beverage Vicious Citrus OG, is a top performer, based on multiple metrics, in Ontario, Canada's largest Cannabis market where more than 1,300 cannabis retailers are based.

OG is the first launch of several non-carbonated lemonade products under the Vicious Citrus brand.  OG, which stands for "Original", is differentiated by its non-carbonated profile and the addition of CBN, a unique cannabinoid that works synergistically with THC, to enhance the overall effect.

 

Vicious Citrus OG launched in Ontario in August 2022, and in only approximately 10 weeks, is the best-selling non-carbonated lemonade, the best-selling lemonade, the fastest growing lemonade in sales, in the top 20% of all cannabis beverage SKU's sold in Ontario, and in the top 1/3 of all cannabis beverage brands based on sales.

 

Vicious Citrus OG is also retailing in Saskatchewan, and is expected to be available soon in British Columbia, Alberta and Manitoba.

 

"Vicious Citrus OG is off to a strong start in Canada," said Jay Garnett, CEO of Xebra Brands, "Budtender and consumer feedback has been exceptionally positive, and we are confident the brand will continue to grow in current markets as well as expand into new ones."

 

Xebra management is considering introducing the Vicious Citrus brand outside Canada and is taking steps to assess opportunities.

 

Irwin Naturals Inc. (CSE: IWIN) (OTC: IWINFannounced today that it reached a binding, arms-length, agreement to acquire Serenity Health, LLC in Louisville, Kentucky, on November 25, 2022. The move continues Irwin’s national ketamine clinic rollup strategy that has seen the Company move quickly toward its goal of building Irwin Naturals Emergence into the world’s largest chain of psychedelic mental health clinics. Irwin Naturals was founded in 1994, building itself into a nationally renowned company with its first-in-class line of nutraceuticals that are available in more than 100,000 stores across North America. The Irwin Naturals brand is recognized in 80 percent of American households.

 

Klee Irwin, CEO of Irwin Naturals, said, “With each clinic we bring under the umbrella of Irwin Naturals Emergence, we take another step toward the forefront of this new approach to mental healthcare. We are the world’s first household name to enter the space and are moving fast with the goal of being the first mover in this market.”

 

Irwin Naturals Emergence already includes clinics in Florida, Vermont, New Hampshire, Iowa, and Georgia. Currently, ketamine is the only psychedelic available for use in the United States outside of clinical trials when used as prescribed. However, MDMA and psilocybin may be authorised for therapeutic use in the future. This creates the possibility of radically changing the way we treat mental-health concerns.

 

Beth Ann Nevius, co-founder and CEO of Serenity Health, said, “What impressed us about Irwin’s approach to America’s mental health crisis is its philosophy of using national scale to drive down patient costs. Furthermore, the Irwin team has proven itself capable of building a national brand with an exceptionally faithful customer base. We are looking forward to becoming part of the Irwin team and taking this great brand nationwide, making mental healthcare accessible to all.”

 

Irwin Naturals Emergence is a wholly owned subsidiary of Irwin Naturals, and it was formed when the Company decided to enter the fast-growing sector of psychedelic mental healthcare. Over the past year, Irwin Naturals Emergence has identified ketamine clinics that practise a high standard of care to explore the possibility of adding these clinics to the national chain. This offers the possibility of increased economic efficiency because of the national scale of the operation that could help drive down operating costs, making it possible to pass savings along to the consumer in the form of sliding-scale discounts and even pro-bono treatments for those in need. Irwin Naturals’ name and reputation makes it an impactful voice in this new area of mental healthcare due to the Company’s history in safely caring for the health of its patients vouching for the safety and the efficacy of psychedelic treatment.

 

Irwin added, “We see ourselves as the Coca Cola first mover, and will be leveraging our brand equity and status as a cult brand to expand rapidly as society embraces the psychedelic mental health revolution. This is important because, as a psychedelic, ketamine is an effective treatment for many mental health disorders. However, some Americans are not clear on its potential. The trusted Irwin brand will be the welcome face of a familiar friend in a crowd of strangers – making this life-saving solution a bit less intimidating to those in need.”

 

The Agreement is subject to certain customary closing conditions and regulatory approvals. The total consideration will be paid in upfront and deferred consideration. Also included are contingent payments based on milestones related to expansion and profitability goals.

 

Investor ideas reminds all listeners to read our disclaimers and disclosures on the Investorideas.com website and that this podcast is not an endorsement to buy products or services or securities. Investors are reminded all investment involves risk and possible loss of investment.

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We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. 

 

Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investing involves risk and possible losses. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. Contact management and IR of each company directly regarding specific questions. Disclosure:  GTCH is a paid featured Ai stock .More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ Global investors must adhere to regulations of each country. Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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#RenewableEnergy #Stock Solar Integrated Roofing (OTC: $SIRC) Appoints Veteran Technology Leader as Co-Chairman & Chief Executive Officer - Company plans uplist to #Nasdaq; @SIRCStock

#RenewableEnergy #Stock Solar Integrated Roofing (OTC: $SIRC) Appoints Veteran Technology Leader as Co-Chairman & Chief Executive Officer - Company plans uplist to #Nasdaq; @SIRCStock

 

HENDERSON, NV., November 30, 2022 -- Solar stock news from Investorideas.com Newswire - Solar Integrated Roofing Corp. (OTC: SIRC), an integrated, single-source solar power, roofing systems installation and EV charging company, today announced the appointment of veteran technology executive George B. Holmes as its Co-Chairman and Chief Executive Officer, effective immediately. David Massey will continue to serve as Co-Chairman of the Company’s Board of Directors through the Company’s planned uplist to Nasdaq.

 

Read this news, featuring SIRC in full at https://www.investorideas.com/news/2022/renewable-energy/11301SIRC-Co-Chairman-CEO.asp

 

George B. Holmes is a senior executive with over 35 years of hands-on experience managing and developing companies ranging in size from $400K to $4B, spanning a broad range of technologies. Previously, Mr. Holmes was Chairman and CEO of Resonant Inc., a Nasdaq-listed provider of radio frequency (RF) filter solutions for the mobile industry, where he led the company from the early stages of development to a successful sale to Murata Manufacturing Company, Ltd., an established global leader in the electronics industry. Prior to joining Resonant, Mr. Holmes served in senior executive roles at Tigo Energy, Energous, SolarBridge Technologies, Agere Systems (formerly Lucent MicroElectronics), Ortel Corp (acquired by Lucent MicroElectronics), Level One Communications and Symmetricom. Mr. Holmes holds a B.A. in Business Administration from the University of Puget Sound and a Diploma in International Business from Nyenrode Business University, Netherlands.

 

“We are privileged to have secured a tenured executive of George’s caliber, bringing the public markets and business experience needed as we work towards a planned Nasdaq uplisting,” said David Massey, Co-Chairman of SIRC. “George will prove instrumental in leading the SIRC family of companies to the next level, forming a truly national organization with the ability to scale and drive value creation.

 

“It has truly been an honor to serve as CEO of SIRC for the past several years – I want to offer my sincere thanks to our employees whose hard work and dedication have allowed us to build upon our humble beginnings and achieve incredible feats. I am confident George is the executive best suited to guide our company into the future and I look forward to working closely together with him to ensure a smooth transition,” concluded Massey.

 

Holmes added: “I am excited to have the opportunity to lead SIRC into the next phase of its maturation as a public company, building upon the recent successes and the strong foundation developed under Dave’s leadership. As we leverage the recent transition to a fully reporting company, my first priority is to build an executive team and recruit a board of directors with the necessary skills to improve our internal controls and reporting functions, while continuing to drive operational execution and revenue growth that is intended to lead to a successful Nasdaq uplisting in 2023. I look forward to working closely with Dave, the Board and the entire team at SIRC as we seek to deliver long-term, sustainable value creation for our shareholders.”

 

About Solar Integrated Roofing Corp.

Solar Integrated Roofing Corp. (OTC: SIRC), is an integrated, single-source solutions provider of solar power, roofing systems and EV charging company specializing in commercial and residential properties throughout North America. The Company serves communities by delivering the best experience through constant innovation and legacy-focused leadership. For more information, please visit the Company's website at www.solarintegratedroofing.com or join us on Twitter or LinkedIn.

 

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

 

Paid News -Disclaimer/Disclosure: . Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Disclosure : this news release featuring SIRC is a paid for news release on Investorideas.com  More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn more about publishing your news release and our other news services on the Investorideas.com newswire https://www.investorideas.com/News-Upload/ 

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Tuesday, November 29, 2022

#AIEye #Podcast 741: #Stocks discussed: (OTCPINK: $GTCH) (NYSE: $VOYA) #artificialintelligence



 

 

#AIEye #Podcast 741: #Stocks discussed: (OTCPINK: $GTCH) (NYSE: $VOYA) #artificialintelligence

 

GBT Receives Notice of Publication for Epsilon Patent Application, and Voya Financial Marks One-Year Milestone of AI-Powered Chatbot Voya PAL

 

Global #AI in #Agriculture to Reach $4.2B by 2028

 

Vancouver, Kelowna, Delta, BC – November 29, 2022  – Investorideas.com, a global investor news source covering Artificial Intelligence (AI) brings you today’s edition of  The AI Eye-  watching stock news, deal tracker and advancements in artificial intelligence – featuring technology company GBT Technologies Inc. (OTCPINK:GTCH).

 

Listen to today’s podcast:

https://www.investorideas.com/Audio/Podcasts/2022/112922-AI-Eye.mp3

 

Read this in full at https://www.investorideas.com/news/2022/artificial-intelligence/11291GTCH-VOYA.asp

 

Hear the Ai Eye on Spotify  

 

Today’s Column- The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

 

Stocks discussed: (OTCPINK:GTCH) (NYSE:VOYA)

 

GBT Technologies Inc. (OTC PINK:GTCH) has received a notice of publication for its microchip's reliability verification and auto-correction EDA patent application, codenamed Epsilon. The company’s CTO, Danny Rittman, explained:

 

“Our Epsilon patent application seeks to protect our intellectual property relating to an EDA computer program designed to provide an automatic check, detection and automatic correction of electrical reliability violations within an IC's mask layout database. With today's advanced nanometer nodes, the ability to analyze and address reliability parameters is crucial to mitigate risk of system degradation, overheating, and possible malfunctions. As IC's manufacturing nodes are constantly scaling down, layout electrical characteristics analysis is becoming a much more complex and time-consuming process, addressing challenging physics phenomena. Our Epsilon patent application seeks to protect an intelligent, design productivity enhancement solution for these complexities. The technology is designed to be an on-the-fly electrical analysis to enable chip designers to address these reliability issues early during the design stage, keeping their hands on the pulse of the entire microchip's power management, thermal behavior and overall performance.”

 

Voya Financial, Inc. (NYSE:VOYA) has announced today as the one-year milestone of Voya PAL, its 24/7 chatbot with AI capabilities. According to the press release, Voya PAL leverages real-time AI, enabling it to “quickly understand customer intent and provide an easy, intuitive interaction experience to them.” Santhosh Keshavan, EVP and CIO, Voya Financial, commented:

 

"Voya is committed to investing in the latest digital technologies as a way to distinguish our customer experience from all others. We continually work to anticipate and identify opportunities to leverage digital platforms to provide experiences that reflect the specific needs of our customers. Voya PAL offers yet another alternative for individuals to seek answers to their questions and find resolution to their needs — and as more customers engage with our digital assistant, Voya PAL is using AI capabilities to consume more data, learn more scenarios and become even more in tune to customer needs."

 

Global AI in Agriculture to Reach $4.2B by 2028

 

A report published by Vantage Market Research finds that the global AI in Agriculture market is projected to grow from $1.1 billion USD in 2021 to $4.2 billion by 2028, registering a compound annual growth rate (CAGR) of 25.1 percent in the forecast period 2022-28. An excerpt from the report’s description outlines some key trends influencing the market’s growth:

 

In agriculture, AI can be used to track crop yields, map crops, manage irrigation, and analyze soil. Farmers can use AI to increase efficiency and optimize resources. According to a study published by Markets and Markets, 45% of agricultural companies have adopted or are planning to adopt artificial intelligence tools for various purposes such as crop prediction, field guidance, decision support, and yield enhancement. The main applications that are being used for these tools include crop mapping, soil analysis, pest management, greenhouse management, and animal health care.

 

Sam Mowers, Investorideas.com

 

Read and hear other editions of the AI  Eye

 

For a list of artificial intelligence stocks on Investorideas.com visit here

 

About GBT Technologies Inc.

GBT Technologies, Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com) is a development stage company which considers itself a native of Internet of Things (IoT), Artificial Intelligence (AI) and Enabled Mobile Technology Platforms used to increase IC performance. GBT has assembled a team with extensive technology expertise and is building an intellectual property portfolio consisting of many patents. GBT’s mission, to license the technology and IP to synergetic partners in the areas of hardware and software. Once commercialized, it is GBT’s goal to have a suite of products including smart microchips, AI, encryption, Blockchain, IC design, mobile security applications, database management protocols, with tracking and supporting cloud software (without the need for GPS). GBT envisions this system as a creation of a global mesh network using advanced nodes and super performing new generation IC technology. The core of the system will be its advanced microchip technology; technology that can be installed in any mobile or fixed device worldwide. GBT’s vision is to produce this system as a low cost, secure, private-mesh-network between any and all enabled devices. Thus, providing shared processing, advanced mobile database management and sharing while using these enhanced mobile features as an alternative to traditional carrier services.

 

About Investorideas.com - Big Investing Ideas

We publish breaking stock news, stock research, guest posts and create original top rated investing podcasts, plus sector tag articles featuring up and coming companies and industry leaders.  Investor Idea’s original branded content includes the Crypto Corner Podcast , Play by Play Sports Podcast , Cannabis News and Stocks on the Move Podcast ,  Cleantech and Climate Change Podcast,  Exploring Mining Podcast , Betting on Gaming Stocks Podcast and the AI Eye Podcast.  We also create free investor stock directories for AI and tech, biotech, cannabis, cleantech, crypto, defense, gaming, health and wellness, mining, oil and gas, sports and water. 

 

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#Solar/ #EV #Stock News- Solar Integrated Roofing (OTC: $SIRC) Appoints Veteran Technology Leader George B. Holmes as Co-Chairman & Chief Executive Officer; @SIRCStock

#Solar/ #EV #Stock News- Solar Integrated Roofing (OTC: $SIRC) Appoints Veteran Technology Leader George B. Holmes as Co-Chairman & Chief Executive Officer; @SIRCStock

 

David Massey to Continue to Serve as Co-Chairman of the Board of Directors

 



 

HENDERSON, NV., November. 29, 2022 -- Solar stock news from Investorideas.com Newswire and RenewableEnergyStocks Solar Integrated Roofing Corp. (OTC: SIRC), an integrated, single-source solar power, roofing systems installation and EV charging company, today announced the appointment of veteran technology executive George B. Holmes as its Co-Chairman and Chief Executive Officer, effective immediately. David Massey will continue to serve as Co-Chairman of the Company’s Board of Directors through the Company’s planned uplist to Nasdaq.

 

Read this news, featuring SIRC in full at https://www.investorideas.com/news/2022/renewable-energy/11291SIRC-George-Holmes-CEO.asp

George B. Holmes is a senior executive with over 35 years of hands-on experience managing and developing companies ranging in size from $400K to $4B, spanning a broad range of technologies. Previously, Mr. Holmes was Chairman and CEO of Resonant Inc., a Nasdaq-listed provider of radio frequency (RF) filter solutions for the mobile industry, where he led the company from the early stages of development to a successful sale to Murata Manufacturing Company, Ltd., an established global leader in the electronics industry. Prior to joining Resonant, Mr. Holmes served in senior executive roles at Tigo Energy, Energous, SolarBridge Technologies, Agere Systems (formerly Lucent MicroElectronics), Ortel Corp (acquired by Lucent MicroElectronics), Level One Communications and Symmetricom. Mr. Holmes holds a B.A. in Business Administration from the University of Puget Sound and a Diploma in International Business from Nyenrode Business University, Netherlands.

 

“We are privileged to have secured a tenured executive of George’s caliber, bringing the public markets and business experience needed as we work towards a planned Nasdaq uplisting,” said David Massey, Co-Chairman of SIRC. “George will prove instrumental in leading the SIRC family of companies to the next level, forming a truly national organization with the ability to scale and drive value creation.

 

“It has truly been an honor to serve as CEO of SIRC for the past several years – I want to offer my sincere thanks to our employees whose hard work and dedication have allowed us to build upon our humble beginnings and achieve incredible feats. I am confident George is the executive best suited to guide our company into the future and I look forward to working closely together with him to ensure a smooth transition,” concluded Massey.

 

Holmes added: “I am excited to have the opportunity to lead SIRC into the next phase of its maturation as a public company, building upon the recent successes and the strong foundation developed under Dave’s leadership. As we leverage the recent transition to a fully reporting company, my first priority is to build an executive team and recruit a board of directors with the necessary skills to improve our internal controls and reporting functions, while continuing to drive operational execution and revenue growth that is intended to lead to a successful Nasdaq uplisting in 2023. I look forward to working closely with Dave, the Board and the entire team at SIRC as we seek to deliver long-term, sustainable value creation for our shareholders.”

 

About Solar Integrated Roofing Corp.

Solar Integrated Roofing Corp. (OTC: SIRC), is an integrated, single-source solutions provider of solar power, roofing systems and EV charging company specializing in commercial and residential properties throughout North America. The Company serves communities by delivering the best experience through constant innovation and legacy-focused leadership. For more information, please visit the Company's website at www.solarintegratedroofing.com or join us on Twitter or LinkedIn.

 

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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