New #Stocks to Watch at Investor Ideas – Defense (NASDAQ: $GNSS), Tech (NYSE: $DASH), (NYSE: $AI), Cleantech (TSXV: $GRN.V)

New #Stocks to Watch at Investor Ideas – Defense (NASDAQ: $GNSS), Tech (NYSE: $DASH), (NYSE: $AI), Cleantech (TSXV: $GRN.V)

 

 

 

 

 

 

 

 

 

 

Point Roberts WA, Delta BC, December 11, 2020 – (Investorideas.com Newswire) Investorideas.com, a global news source and leading retail investor and trader resource, announces its weekly roundup of stocks to watch in Defense, Tech, Entertainment, Cleantech, Automotive and Real Estate. Today’s stocks have been added to our list of free stock directories in each sector.

 

Read this in full at https://www.investorideas.com/news/2020/main/12111Stocks.asp

 

Investors can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood, Acorn, Stash and others.

 

The newest defense companies are involved in military, emergency management and policing supplies and services.

 

The latest tech companies are involved in fintech, digital media , digital assets, AI and also new is this week’s IPO for the food delivery company, DoorDash Inc (NYSE:DASH).

 

The newest entertainment companies include a live stream audio platform and a creator of animated programming.

 

The latest cleantech company is involved in biofuel, while the newest automotive company provides stereo/quad-camera vision systems and finally, the latest real estate company is an REIT that owns, operates and manages self-storage properties.

 

New Stocks added to Defense Stocks Directory:

Wrap Technologies (NasdaqGS:WRTC) is an innovator of modern policing solutions. The Company’s BolaWrap 100 product is a patented, hand-held remote restraint device that discharges an eight-foot bola style Kevlar® tether to restrain an individual at a distance from 10 to 25 feet. Developed by award winning inventor Elwood Norris, the Company’s Chief Technology Officer, the small but powerful BolaWrap 100 assists law enforcement in safely and effectively deescalating encounters, especially those involving an individual in crisis. BolaWrap 100 has already been used to safely apprehend suspects without injury in a number of cities including Los Angeles, Sacramento, Fresno, Bell, Albuquerque, Minneapolis, West Palm Beach, Fort Worth, and Oak Ridge

 

Optex Systems Holdings (OTC:OPXS) which was founded in 1987, is a Richardson, Texas based ISO 9001:2015 certified concern, which manufactures optical sighting systems and assemblies, primarily for Department of Defense (DOD) applications. Its products are installed on various types of U.S. military land vehicles, such as the Abrams and Bradley fighting vehicles, Light Armored and Armored Security Vehicles, and have been selected for installation on the Stryker family of vehicles. Optex also manufactures and delivers numerous periscope configurations, rifle and surveillance sights, and night vision optical assemblies. Optex delivers its products both directly to the military services and to prime contractors.

 

Genasys Inc. (NasdaqGS:GNSS) is a global provider of critical communications systems and solutions to help keep people safe. Genasys provides a multi-channel approach to deliver geo-targeted alerts, notifications, instructions and information before, during and after public safety threats and critical business events. The Company’s unified critical communications platform includes Genasys Emergency Management (GEM) applications, National Emergency Warning Systems (NEWS), LRAD® long-range voice broadcast systems and more. Genasys systems are in service in 72 countries and in more than 450 U.S. cities in a range of diverse applications, including public safety, emergency warning, mass notification, critical event management, defense, law enforcement, homeland security and many more.

 

Giga-tronics (OTC:GIGA) produces RADAR filters and Microwave Integrated Components for use in military defense applications as well as sophisticated RADAR and Electronic Warfare (RADAR/EW) test products primarily used in electronic warfare test & emulation applications.

 

New Stocks added to Tech Stocks Directory:

DoorDash Inc (NYSE:DASH) is a technology company that connects customers with their favorite local and national businesses in more than 4,000 cities and all 50 states across the United States, Canada, and Australia. Founded in 2013, DoorDash empowers merchants to grow their businesses by offering on-demand delivery, data-driven insights, and better in-store efficiency, providing delightful experiences from door to door. By building the last-mile delivery infrastructure for local cities, DoorDash is bringing communities closer, one doorstep at a time

 

Nuvei Corporation (TSX: NVEI; NVEI.U) We are Nuvei, the payment technology partner of thriving brands. We provide the intelligence and technology businesses need to succeed locally and globally, through one integration – propelling them further, faster. Uniting payment technology and consulting, we help businesses remove payment barriers, optimize operating costs and increase acceptance rates. Our proprietary platform offers direct connections to all major payment card schemes worldwide, supports over 450 local and alternative payment methods and 150 currencies GAMING: December 2020 - announce a deal with Wplay, a pioneer of online gaming in Latin America. Nuvei will provide the acquiring platform and technology to power Wplay’s Colombian payment operations and further fuel its expansion throughout Latin America.

 

Diginex (NasdaqCM:EQOS) is a digital assets financial services company focused on delivering a cryptocurrency and digital assets ecosystem offering innovative product and services that are compliant, fair and trusted. The group encompasses cryptocurrency exchange EQUOS.io as well as an over-the-counter trading platform. It also offers a front-to-back integrated trading platform Diginex Access, a securitization advisory service Diginex Capital, market leading hot and cold custodian, Digivault and funds business Bletchley Park.

 

Dolphin Entertainment Inc. (NasdaqCM:DLPN) is a leading independent entertainment marketing and premium content development company. Through our subsidiaries 42West, The Door and Shore Fire Media, we provide expert strategic marketing and publicity services to many of the top brands, both individual and corporate, in the film, television, music and hospitality industries. Viewpoint Creative and Be Social complement their efforts with full-service creative branding and production capabilities as well as social media and influencer marketing services. Dolphin's legacy content production business, founded by Emmy-nominated CEO Bill O'Dowd, has produced multiple feature films and award-winning digital series.

 

C3.ai, Inc. (NYSE:AI) is a leading enterprise AI software provider for accelerating digital transformation. C3.ai delivers the C3 AI Suite for developing, deploying, and operating large-scale AI, predictive analytics, and IoT applications in addition to an increasingly broad portfolio of turn-key AI applications. The core of the C3.ai offering is a proprietary, model-driven AI architecture that enhances data science and application development.

 

New Stocks added to Entertainment Stocks Directory:

LiveXLive Media, Inc. (NasdaqGS:LIVX) is a global platform for live stream and on-demand audio, video and podcast content in music, comedy, and pop culture. LiveXLive, which has streamed over 1500 artists since January 2020, has become a go-to partner for the world's top artists and celebrity voices as well as music festivals concerts, including Rock in Rio, EDC Las Vegas, and many others. In April 2020, LiveXLive produced its first 48-hour music festival called "Music Lives" with tremendous success as it earned over 50 million views and over 5 billion views for #musiclives on TikTok on 100+ performances. LiveXLive's library of global events, video-audio podcasts and original shows are also available on Amazon, Apple TV, Roku and Samsung TVs in addition to its own app, destination site and social channels. The Company's wholly-owned subsidiary, PodcastOne, generates more than 2.1 billion downloads annually across more than 300 podcasts.

 

Thunderbird Entertainment (TSX:TBRD.V) is a global award-winning, full-service, multiplatform production, distribution, and rights management company, headquartered in Vancouver, with additional offices in Los Angeles, Toronto, and Ottawa. Thunderbird creates award-winning scripted, unscripted, and animated programming for the world’s leading digital platforms, as well as Canadian and international broadcasters. Thunderbird’s vision is to produce high quality, socially responsible content that makes the world a better place. The Company develops, produces, and distributes animated, factual, and scripted content through its various divisions, including Thunderbird kids and family (Atomic Cartoons), Thunderbird factual (Great Pacific Media) and Thunderbird productions.

 

New Stocks added to Green Stocks Directory:

Greenlane Renewables Inc. (TSXV:GRN) (FRA:52G) is a leading global provider of biogas upgrading systems that are helping decarbonize natural gas. Our systems produce clean, low-carbon renewable natural gas from organic waste sources including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as vehicle fuel. Greenlane is the only biogas upgrading company offering the three main technologies: water wash, pressure swing adsorption, and membrane separation. With over 30 years industry experience, patented proprietary technology, and over 110 biogas upgrading systems supplied into 18 countries worldwide, including the world’s largest biogas upgrading facility, Greenlane is inspired by a commitment to helping waste producers, gas utilities or project developers turn a low-value product into a high-value low-carbon renewable resource.

 

New Stocks added to Automotive Stocks Directory:

Foresight Autonomous Holdings Ltd. (NasdaqCM:FRSX) founded in 2015, is a technology company engaged in the design, development and commercialization of stereo/quad-camera vision systems for the automotive industry. Through the company’s wholly owned subsidiaries, Foresight Automotive Ltd. and Eye-Net Mobile Ltd., Foresight develops both "in-line-of-sight" vision systems and "beyond-line-of-sight" cellular-based applications. Foresight’s vision sensor is a four-camera system based on 3D video analysis, advanced algorithms for image processing, and sensor fusion. . Eye-Net Mobile’s cellular-based application is a V2X (vehicle-to-everything) accident prevention solution based on real-time spatial analysis of clients’ movement. The company's systems are designed to improve driving safety by enabling highly accurate and reliable threat detection while ensuring the lowest rates of false alerts. Foresight is targeting the Advanced Driver Assistance Systems (ADAS), the semi-autonomous and autonomous vehicle markets and predicts that its systems will revolutionize automotive safety by providing an automotive-grade, cost-effective platform and advanced technology.

 

New Stocks added to Real Estate Stocks Directory:

Global Self Storage (NasdaqGS:SELF) is a self-administered and self-managed REIT that owns, operates, manages, acquires, develops and redevelops self-storage properties. The company's self-storage properties are designed to offer affordable, easily accessible and secure storage space for residential and commercial customers. Through its wholly owned subsidiaries, the company owns and/or manages 13 self-storage properties in Connecticut, Illinois, Indiana, New York, Ohio, Pennsylvania, South Carolina, and Oklahoma.

 

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

 

About Investorideas.com - News that Inspires Big Investing Ideas Investorideas.com is a recognized news source publishing third party news and press releases, research and our own original financial content. We were one of the first retail investor sites to cover renewable energy and cleantech stocks at investorideas.com and our domain Renewableenergystocks.com. We were also one of the most well- known and cited defense stock sites, featuring our domain Homelanddefensestocks.com at its peak.

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Investor Alert - Rare Earth #Mining Sector Alert for Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF); @DefenseMetals #REE

Investor Alert - Rare Earth #Mining Sector Alert for Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF); @DefenseMetals #REE

  

Vancouver, British Columbiam December 9, 2020 – Investorideas.com Newswire –Media alert for Defense Metals Corp. (TSX-V: DEFN / OTCQB: DFMTF / FSE: 35D).The company was featured in the following article and interview:

 

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2020/mining/12091Defense-Metals-Rare-Earth-Elements.asp

 

Full article and Original source 
https://stockhouse.com/opinion/interviews/2020/12/08/rare-earth-elements-set-to-take-centre-stage

 

Oliver Gray, The Market Herald

 

When it comes to the lucrative world of mining, the long-standing stars of the show are gold and silver – particularly this year with a pandemic-driven spike in gold prices to an all-time high of more than US$2,000 per ounce.

 

But one sector, which to date has garnered little mainstream attention, is starting to make some noise.

 

Rare earths, according to geologists, are not necessarily rare but precious, particularly for their use in military, technological and electric vehicle applications.

 

North America had previously been a champion of the industry, with some of the world’s largest players, but production gradually shifted to China in the early 2000s.

 

It began in 1997 when Magniquench was sold to an investment consortium spearheaded by Archibald Cox, Jr. – the son of the Watergate prosecutor by the same name – with two Chinese state-owned metals companies, San Huan New Materials and China National Nonferrous Metals Import and Export Company. Inevitably, Magniquench was shut down in the United States and moved to China, re-opening there in 2003.

 

Molycorp was then left as the last remaining rare earths producer of any significant scale, but ultimately collapsed in 2015.

 

Since then, China – with its low labour costs, less concern for environmental impacts and generous state subsidies – has grown to account for 97 per cent of global production.

 

But, with a global shift away Chinese dependence, there appears to be a greater emphasis on the return of the rare earths industry to North America.

 

At the start of October, Ellen Lord, Under Secretary of Defense for Acquisition and Sustainment, gave a testimony to the Senate Armed Services Subcommittee on Readiness and Management Support:

 

“A U.S. rare earth mineral strategy should … consist of national stockpiles of certain rare earth elements, re-establishing rare earth mineral processing in the U.S. by implementing new incentives and removing disincentives, and [research and development] around new forms of clean rare earth mineral processing and substitutes. We will need your help,” she said.

 

The next day, U.S. President Donald Trump signed an executive order declaring a national emergency in the mining industry, with a view to “incentivising the domestic production of rare earth minerals critical for military technologies while reducing American dependence on China.”

 

Before that, Nevada-based MP Minerals – owner of the Mountain Pass rare earths mine in California’s Mojave desert, the largest rare earth project in North America – signed a deal in July this year to list on the New York Stock Exchange through a $1.5 billion merger with Fortress Value Acquisition Corp. That deal has now been approved by Shareholders.

 

So, what does all this mean for Canada’s rare earth sector?

 

If you’re Defense Metals (TSXV:DEFN, OTC:DFMTF, FRA:35D, Forum), it means a great deal. The Vancouver-based company owns the Wicheeda Project, located roughly 80 kilometres northeast of Prince George British Columbia, which bears many of the same characteristics as the prolific Mountain Pass mine[1].

 

A 30-tonne bulk sample from the project was sent to SGS Canada in Lakefield, Ontario, for metallurgical and processing test work, which returned a pilot plant concentrate grade averaging 51.6% LREO (Light Rare Earth Oxide) and an average recovery of 77.3%[2]. These results, which were published in September 2020, put among a select group of rare earth deposits capable of producing a greater than 50% LREO flotation concentrate, including Mountain Pass which boasts a concentrate grade of 60%[3].

 

In addition to a world-class rare earth deposit, Defense Metals has the benefit of an experienced leadership team led by President and CEO Craig Taylor, which includes Alex Knox – an advisor to the company – who previously had a hand in exploration and development activities at the aforementioned Molycorp.

 

We spoke to Craig to see what the impending return of North American rare earth production means for the Defense Metals and for the broader industry itself.

 

Thanks for taking the time to speak with us today, perhaps you could give us a brief introduction to Defense Metals and its operations?

 

Sure, and thanks for having me Oliver, first off, Rare earth isn’t rare, but being able extract it from the rock and have the infrastructure to deliver a viable product is extremely RARE! Through its recently updated NI 43-101 mineral resource estimate, Defense Metals has shown that the Wicheeda REE Deposit exhibits reasonable prospects for future economic extraction, while large-scale floatation pilot plant metallurgical testing demonstrates our ability to produce a potentially saleable high-grade REE mineral concentrate with options for continued refining and separation to purified rare earth oxide product.

 

Our deposit is located 70 kilometres north of Prince George BC, Canada, a highly skilled mining hub city. The infrastructure is spectacular. We have amazing road access, electricity, water, and CN Rail only 30 Kilometres away! So that's what separates us from the rest of the crowd in the rare earth space. Moving towards completing our Preliminary Economic Assessment (PEA) we expect Wicheeda’s favourable location will have a positive impact on our capex, relative the majority of other Canadian REE projects that are typically located far from existing infrastructure. We are a primary NdPr (neodymium-praseodymium) deposit, which are critical elements in lightweight high-strength permanent magnets used in the green energy, EV and military / national security markets, which are growing due to the anticipated widespread adoption of EV’s, and as trade wars continue to escalate between China and the US/ Canada, Japan, Europe, and Australia.

 

The results from the Wicheeda Project’s 30-tonne bulk sample put the deposit up there with some of the world’s most promising – what does this potential mean for the long-term path of the project?

 

We are extremely happy with the results of bench scale hydrometallurgical and flotation pilot-scale testing of our bulk sample. First and foremost, we have shown the ability to produce a very high-grade >50% rare earth mineral concentrate, which is something many other Canadian REE projects struggle to achieve. The downstream hydrometallurgical process is expected to benefit significantly from this quality of flotation concentrate grade. We have already seen the benefits in our bench scale hydrometallurgical test work which achieved 90% REE recoveries from concentrate[4].

 

Since those results were published, the Wicheeda Project has been the focus of additional exploration activities. Has that changed the outlook for the project at all?

 

Click to enlargeThe fall 2019 drill program was perfect, something I’ve never seen, a 13 for 13 drill program with mineralization in every hole and significant expansion potential to the north remaining. The 2020 indicated mineral resources of 4,890,000 tonnes averaging 3.02% LREO (Light Rare Earth Elements), and inferred resources of 12,100,000 tonnes averaging 2.90% LREO; represented a 49% increase in overall tonnage and 30% increase in overall average grade, compared to the maiden 2019 resource estimate[5]. Our updated resource estimate and the results of subsequent internal scoping studies have given us the confidence to pursue a PEA, which we hope to release by end of Q1, 2021. Looking ahead to future project development we also initiated baseline environmental monitoring in anticipation of future project applications.

 

With a recently completed financing, Defense Metals is working towards the completion of a preliminary economic assessment for the Wicheeda Project. How will that change the development of the deposit?

 

Oliver, we are quite excited about moving towards completion of a PEA as we are finally going to be able to put a value to the company, not just our market cap. With Neodymium and Praseodymium prices increasing steadily of the last 6 months, we are expecting extremely positive results. We are targeting as a base-case a potential 15 year mine life at 2 million-tonne/year throughput. Let’s not forget our deposit remains open to expansion to the north, therefore step-out and infill drilling presents opportunities to increase the size of and confidence in our deposit moving forward.

 

In late August, the Government of Saskatchewan unveiled $31 million in funding for a rare earth element processing facility, how does that benefit Defense Metals?

 

For Canada and Saskatchewan this a first ever opportunity for Canada to start processing REE’s and compete with China and increase North America’s need for critical minerals and reduce our reliance on China.

 

What does a NYSE listing like that of MP Minerals’ mean for the North American rare earth sector?

 

Great question. MP Materials, 1.4 Billion valuation and listing has been a huge lift for the entire REE market. Essentially creating a barometer for REE interest. Large smart money has taken MP material to numerous all-time highs from their recent listing last week. If you’re interested look at our DEFN news dated November 16th, 2020, Defense Metals Applauds Planned Advancement of North American REE Supply Chain with Fortress-MP Materials Merger.

 

Has the increasing focus on North American production changed Defense Metals’ strategy in any way?

 

Yes, this new focus really moves us up the ladder, we believe access to infrastructure, high grades, and favourable metallurgical test results places the Wicheeda REE Deposit no.1 in Canada and top 3 in North America.

 

Thanks again for your time, is there anything you’d like to add before we finish?

 

Do your due diligence, the facts will speak for themselves, we are extremely under-valued, now is the time to invest in DEFN, thanks Oliver.

 

About Defense Metals Corp. https://defensemetals.com/

Defense Metals Corp. is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, military, national security and the production of “GREEN” energy technologies, such as, high strength alloys and rare earth magnets. Defense Metals has an option to acquire 100% of the 1,708 hectare Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada. Defense Metals Corp. trades in Canada under the symbol “DEFN” on the TSX Venture Exchange, in the United States, under “DFMTF” on the OTCQB and in Germany on the Frankfurt Exchange under “35D”.

 

For further information, please contact:

Todd Hanas, Bluesky Corporate Communications Ltd.

Vice President, Investor Relations

Tel: (778) 994 8072

Email: todd@blueskycorp.ca

 

Forward Looking Information

This news release contains “forward‐looking information or statements” within the meaning of applicable securities laws, which may include, without limitation, statements relating to finding partnerships, securing potential offtake agreements, and other business opportunities, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company’s views with respect to future events and is subject to risks, uncertainties and assumptions, including those filed under the Company’s profile on SEDAR at www.sedar.com. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather conditions, failure to maintain all necessary government permits, approvals and authorizations, failure to maintain community acceptance (including First Nations), decrease in the price of rare earth elements, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate increase in costs, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward‐looking statements or forward‐looking information, except as required by law.

 

Paid News -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 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. Contact each company directly regarding content and press release questions. 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. Disclosure: this news release featuring Defense Metals Corp. is a paid for service on Investorideas.com ($750) 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/ and tickertagstocknews.com Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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#Cleantech #Stock News: Solar Integrated Roofing (OTC: $SIRC) new agreement – Solectrac (NASDAQ: $IDEX) to Supply #Solar Panels, Equipment and Installation; @SIRCStock

#Cleantech #Stock News: Solar Integrated Roofing (OTC: $SIRC) new agreement – Solectrac (NASDAQ: $IDEX) to Supply #Solar Panels, Equipment and Installation; @SIRCStock

 

EL CAJON, Calif., December 9, 2020-Breaking renewable energy stock news from Investorideas.com Newswire and RenewableEnergyStocks.com  - Solar Integrated Roofing Corp. (OTC: SIRC), an integrated, single-source solar power, HVAC and roofing systems installation company, today announces the signing of an agreement with Solectrac, Inc, an electric tractor developer and manufacturer located in Northern California and an applicant for a $500,000,000 USTDA grant.

 

Read this news, featuring SIRC in full at https://www.investorideas.com/news/2020/renewable-energy/12091SIRC-Solectrac.asp

 

Solar Integrated Roofing will provide solar panels, electric storage and other power devices along with installation services to Solectrac’s existing customers and grant projects where applicable. This agreement also includes future clients’ customers and grants.

 

The $75B global agricultural tractor market is largely supplied by diesel powered equipment. The continual global demand to reduce pollution with sustainable electric vehicles has propelled the electric powered tractor market to the forefront of agricultural development, efficiency and sales. Solectrac already has a 30 HP-equivalent compact electric tractor (CET) and a 40 HP-equivalent eUtility in the largest segment, the under 40 HP category, and is developing a 70 HP-equivalent utility model and a 40 HP row crop model, further expanding their market opportunities.

 

“The growth in the global agricultural market for alternative powered tractors is growing exponentially as can be seen just by the increased interest in our products. Signing an agreement with Solar Integrated Roofing provides us with a sustainable, efficient and off-grid electrical system to power our tractors. We’ll now be able to supply complete systems across the globe, regardless of the power grid connectivity or lack thereof, while reducing the equipment costs for our clients,'' commented Steve Heckeroth, CEO of Solectrac, Inc.

 

“Our highly developed, near turnkey level, product and services are perfectly suited for expansion into the agricultural equipment market and brings new opportunities for us to rapidly move into the under-served rural farming communities throughout the U.S. Solectrac has shown top of the line sustainable equipment with reduced downtime, maintenance and fuel costs. Melding our solar technology with Solectrac’s farming equipment will bring significant growth and benefit to this multi-billion-dollar industry. We look forward to working closely with Solectrac, bringing much needed efficiency and savings to the strained agricultural markets,” said David Massey, Chief Executive Officer of Solar Integrated Roofing Corporation.

 

About Solectrac

Solectrac, Inc., a California Benefit Corporation and a certified B Corporation, located in Northern California, has developed 100% battery powered, all electric tractors for agriculture and utility operations. Solectrac tractors provide an opportunity for farmers around the world to power their tractors by using the sun, wind, and other clean renewable sources of energy. The company's mission is to offer farmers independence from the pollution, infrastructure, and price volatility associated with fossil fuels.

 

Ideanomics (NASDAQ: IDEX) is a 24% owner with $2.6 M of investment as of last month. More information on Ideanomics can be found on their website: https://ideanomics.com/. A recent write-up from Indeanomics and Solectrac on electric tractors: https://ideanomics.com/wp-content/uploads/2020/11/Solectrac_11_11_2020.pdf

 

USTDA - The U.S. Trade and Development Agency is an independent agency of the United States government, formed in 1992 to advance economic development and U.S. commercial interests in developing and middle-income countries.

 

About Solar Integrated Roofing Corp.

Solar Integrated Roofing Corporation (OTC: SIRC), is an integrated, single-source solar power and roofing systems installation company specializing in commercial and residential properties in the Southern California market. For more information, please visit the Company’s website at 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 the information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.

 

Investor Relations Contact:

Lucas A. Zimmerman

Senior Vice President

MZ North America

Main: 949-259-4987

SIRC@mzgroup.us

www.mzgroup.us

 

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