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Solar Integrated Roofing Corporation Answers Questions from the SIRC Long Investor Discord Group
Solar Integrated Roofing Corporation Answers Questions from the SIRC Long Investor Discord Group.
About this update from Solar Integrated Roofing Corporation
[{"type":"text","content":"\n HENDERSON, Nev., Dec. 08, 2023 (GLOBE NEWSWIRE) --  Solar Integrated Roofing Corp. (OTC: SIRC) (“SIRC” or “the Company”), an integrated, single-source solutions provider of solar power, roofing and EV charging systems CEO Brad Rinehart answers questions from the SIRC Long Investor Discord Group. Projects Do we have any large projects ready to go that just need to be funded? No large-scale projects are being held up for funding alone. Large scale projects are, by their nature, complex with multiple hurdles to overcome. SIRC has been premature in the past in announcing projects and claiming revenue. We continue to work on the large-scale projects we already have in the queue but have also re-focused on projects with more immediate turn times as previously discussed. Please give us details on the Callaway situation. Since this was Dave's contact does that make it less likely? Updated time frames? When did you last speak with Callaway? Dave Massey’s involvement in the Callaway project and his initial contact is not relevant to the long-term viability of this project. The Callaway’s remain committed to securing the property and moving this project forward. How real is Lordsburg? Any time frames? Lordsburg is a viable project where we are in the process of investing funds for design and development. This will be a long-term project – I personally am very high on green energy for specific transportation modes – long haul freight, aviation, taxi/uber/Lyft, marine as examples. Green hydrogen weighs much less than batteries and refuels much quicker. The infrastructure for hydrogen is even further behind than EV Charging infrastructure, but on the other hand it does not add burden to an already fragile electric grid. We will continue to pursue this project but there is a substantial amount of groundwork to be done prior to construction. Any time frames on Hard Rock? When did you last speak? This project we may no longer participate in. The owners of the HR Group are considering providing the capital themselves to support the construction phase, including a multi-million-dollar deposit for batteries which we cannot afford to provide at this time. Again, this is a multi-year long, multi sight project and the amount of capital required to be involved in this type of project is well beyon...