Tuesday, August 24, 2021

Advancement within the #Battery Sector (TSXV: $NBM.V) (OTC: $NBMFF) (NASDAQ: $TSLA) (NYSE: $GM) (NASDAQ: $ENVX) @neo_battery @telsa @GM @Enovix3D

Advancement within the #Battery Sector (TSXV: $NBM.V) (OTC: $NBMFF) (NASDAQ: $TSLA) (NYSE: $GM) (NASDAQ: $ENVX) @neo_battery @telsa @GM @Enovix3D

 

Point Roberts WA, Delta, BC – August 24, 2021 - Investorideas.com, a leading investor news resource covering battery and energy stocks releases a sector snapshot on the growth and advancement within the battery sector, featuring NEO Battery Materials Ltd. (TSXV: NBM) (OTC: NBMFF), a Vancouver-based resource company focused on battery metals and materials. The Company intends to become an integrated silicon producer and anode materials supplier to the electric vehicle industry.

 

Read this article, featuring NBM in full at https://www.investorideas.com/news/2021/renewable-energy/08241Battery.asp

 

As the demand for better and more efficient batteries continues to grow, we are seeing a real need for innovation which comes with risks as automakers race to get more vehicles onto the market as soon as possible.

 

A recent CNBC article said,”Automakers are spending billions of dollars to transition to cleaner and greener battery-powered vehicles, but the new technology has come with an even steeper cost: Reputation-damaging vehicle fires, recalls, sudden power loss and problems getting some of the cars started.”

 

“Anytime you go into a new area of technology, there’s more to be learned than there is that you know,” Doug Betts, President of J.D. Power’s automotive division told CNBC. “There are risks, and there are things to be learned.” The learning curve with batteries is steep for traditional automakers, and battery technology remains challenging even for Tesla, which has faced similar issues.

 

Silicon anodes are recognized as the most promising material to improve the specific capacity, or the run-time, of the battery as it may store up to 10 times more lithium-ions than traditional graphite anode materials. However, the natural volume expansion problem of silicon is hindering the widespread adoption. The industry is hence accelerating the development of high-performance silicon anodes that can be scaled through low-cost production.

 

NEO Battery Materials Ltd. (TSXV: NBM) (OTC: NBMFF) may have a solution to some of these battery and silicon issues, having announced that the first prototype of silicon (Si) anode active materials has been successfully produced, and samples have been sent to NDA partners for full cell evaluation and electrochemical characterization.

 

Spencer Huh, President and CEO of NEO commented, "The first working set of NEO's proprietary silicon anode materials has been manufactured through our unique process. Our prototype will be utilized by third-party partners for evaluating the performance and efficacy of NEO's Si anodes in each respective party's cell system and environment. NEO will complete due diligence during and after testing to refine and strengthen the prototype for commercialization."

 

Dr. J. H. Park, Director and Chief Scientific Advisor said, "The Si anode prototype for sample testing is based on low-cost raw materials and was manufactured through our one-pot, cost-effective process. NEO's ability of economically manufacturing silicon anode materials is a substantial point of differentiation from existing companies, and we expect this development to act as a catalyst to accelerate the commercialization of our Si anode active materials."

 

From the news: As per the news release dated August 12, 2021, NEO has completed signing an NDA and is under discussion for potential synergies and opportunities regarding its Si anode nano coating technology. In this week, NEO has initiated two new NDAs with global top-tier battery material producers in China and South Korea for NEO's innovations with silicon. Updates and progress on discussions and developments will be soon provided.

 

According to NEO Battery Materials, “Silicon effectively increases the energy capacity of LiB and allows wider application and use in electrical vehicles at low costs.”

 

Tesla Inc. (NASDAQ: TSLA) , looking to maintain its position in the EV market recently entered into a deal with BHP for nickel supply for batteries. BHP will supply Tesla Inc. with nickel from its Nickel West asset in Western Australia, one of the most sustainable and lowest carbon emission nickel producers in the world.

 

From the news: Tesla Inc. is the world’s largest manufacturer of electric vehicles and battery storage systems with a mission to accelerate the transition to sustainable energy, and nickel is a key metal used to manufacture Tesla Inc.’s battery technology.

 

BHP Chief Commercial Officer, Vandita Pant, said: “Demand for nickel in batteries is estimated to grow by over 500 per cent over the next decade, in large part to support the world’s rising demand for electric vehicles.”

 

“We are delighted to sign this agreement with Tesla Inc., and to collaborate with them on ways to make the battery supply chain more sustainable through our shared focus on technology and innovation.”

 

From the news: In addition to the supply agreement, BHP and Tesla Inc. will collaborate on ways to make the battery supply chain more sustainable, with a focus on end-to-end raw material traceability using blockchain; technical exchange for battery raw materials production; and promotion of the importance of sustainability in the resources sector, including identifying partners who are most aligned with BHP and Tesla Inc.’s principles and battery value chains.

Most recently, GM said it would spend $800 million on a recall of its Chevrolet Bolt EV following several reported fires due to two “rare manufacturing defects” in the lithium-ion battery cells in the vehicle’s battery pack.

 

This follows General Motor Company’s (NYSE: GMrecent announcement with AT&T to bring 5G cellular connectivity to millions of GM vehicles coming off the assembly line over the next decade in the United States. GM and AT&T are working together to set the benchmark for automotive connectivity with a fifth generation cellular network architecture to meet the needs of an all-electric and autonomous future.

 

GM and AT&T are collaborating to build a high performance 5G core network that delivers a new standard. Network enhancements will include:

       Improved roadway-centric coverage

       Faster music and video downloads with higher quality

       Faster, more reliable, and secure over-the-air software updates

       Faster navigation, mapping, and voice services

 

5G connectivity will first be available in select model year 2024 vehicles. Additionally, through GM's fifth generation network, current 4G LTE-equipped model year 2019 and newer vehicles will experience faster connectivity speeds and many of the same performance benefits of future 5G-equipped vehicles. Current Chevrolet, Buick, GMC and Cadillac owners in the U.S. with 4G LTE-capable model year 2019 and newer vehicles will easily migrate to the new network infrastructure once available.

 

This rollout is part of GM and AT&T's broad strategy to launch the world's largest fleet of 5G-enabled vehicles and the culmination of a two-year collaboration, including test-driving connected vehicles in GM's 5G proving grounds in Milford, Michigan.

 

AT&T has the nation's most reliable 5G network, 1 covering more than 250 million people across the country. From 2016 to 2020, AT&T invested more than $110 billion in its wireless and wireline networks, including capital investments and acquisitions of wireless spectrum and operations.

 

GM offers OnStar and Connected Services2 to more than 16 million customers in the U.S. and Canada. Since the launch of 4G LTE in 2014, GM owners have used more than 171 million gigabytes of data across its brands, which is equivalent to nearly 5.7 billion hours of music streamed or more than 716 million hours of streaming video.

 

To support GM's rapid innovation and delivery of next generation connected vehicle solutions, AT&T and Microsoft are bringing together the speed and reliability of AT&T's 5G network with Microsoft's scalable and secure cloud services.

 

The 4G LTE and 5G network improvements will be foundational for the future of GM's growing over-the-air update strategy, an element of the automaker's overall innovation and growth plan. With more advanced features, robust software and faster download speeds, more data is accessible to provide a more convenient customer experience. GM's fifth generation network will also provide a strong foundation as the company advances its technology, such as Super Cruise and its Vehicle Intelligence Platform.

 

"Together with AT&T, we've brought unprecedented experiences to the daily commute, family road trips and everything in between," said Santiago Chamorro, GM Vice President of Global Connected Services. "As an in-vehicle connectivity leader, this rollout demonstrates our commitment to growth through software-enabled services and reimagining every customer touchpoint by enabling faster connectivity speeds to power in-vehicle voice-enabled services, navigation, and apps that our customers have grown to love."

 

Another battery maker, Enovix Corporation (NASDAQ: ENVX), a leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, recently announced that it has achieved a key manufacturing facility milestone, completing equipment installation of its first U.S.-based advanced battery production line. Enovix also announced it signed a Master Purchase Agreement and a Cooperation Agreement with a California-based technology leader focused initially on the wearable device space. Based on the terms of the agreements, Enovix will receive a manufacturing capacity reservation fee and pre-payments totaling $3.5 million over the next 12 months. The total agreements are valued at up to $20 million with commercialization currently scheduled to begin in 2025.

 

“Building the Enovix factory in the US was a strategic choice to advance American innovation and build an ecosystem between R&D, manufacturing and our innovative customer base,” said Harrold Rust, President and Chief Executive Officer of Enovix. “Completing the equipment installation puts us one step closer to our planned start of production and customer deliveries in 2022.”

 

The Enovix factory in Fremont, California, will be the first facility in the world to be capable of volume production of advanced lithium-ion batteries with a 100% active silicon anode using its 3D cell architecture. Once the factory is fully scaled, Enovix plans to produce 45 million batteries a year.

 

The customer order is part of a larger strategic agreement in which the two companies will collaborate over the next decade on multiple applications for Enovix batteries. Platforms in this space require greater energy density and capacity in a small form factor. The Enovix battery provides up to 110% higher energy density than the standard lithium-ion battery in mobile devices today. Enovix has been issued 94 patents with more than 63 pending and is uniquely positioned to take advantage of the increasing power requirements of emerging technologies coming to market in wearable platforms.

 

“We are thrilled to convert this design win into a comprehensive agreement that validates our business model and guarantees access to our breakthrough batteries,” said Cam Dales, General Manager and Chief Commercial Officer. “This is also the start of customer engagements moving beyond technology evaluation as we scale production capacity.”

 

Scale and efficiency seems to be at the forefront of the battery discussion and whichever companies are able to meet these requirements first may have a significant advantage in the future of this aggressive growth industry.

 

About Investorideas.com

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

Disclaimer/Disclosure: 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. Contact management and IR of each company directly regarding specific questions. Disclosure: this news article featuring NBM is a paid for news release on Investorideas.com (two thousand) 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 Global investors must adhere to regulations of each country. Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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Monday, August 23, 2021

#Battery and #EV #Stocks to Watch (TSXV: $NBM.V) (OTC: $NBMFF) (NASDAQ: $TSLA) (NYSE: $GM) (NASDAQ: $ENVX) @neo_battery @telsa @GM @Enovix3D

#Battery and #EV #Stocks to Watch (TSXV: $NBM.V) (OTC: $NBMFF) (NASDAQ: $TSLA) (NYSE: $GM) (NASDAQ: $ENVX) @neo_battery @telsa @GM @Enovix3D

 

The #Battery Battle - Can Battery Manufacturers Keep Up With #Automaker Demands?

 

Point Roberts WA, Delta, BC – August 23, 2021 - Investorideas.com, a leading investor news resource covering battery and energy stocks releases a sector snapshot on the growth and advancement within the battery sector, featuring NEO Battery Materials Ltd. (TSXV: NBM) (OTC: NBMFF), a Vancouver-based resource company focused on battery metals and materials. The Company intends to become an integrated silicon producer and anode materials supplier to the electric vehicle industry.

 

Read this article,  featuring NBM in full at https://www.investorideas.com/news/2021/renewable-energy/08231Battery-EV.asp

 

As the demand for better and more efficient batteries continues to grow, we are seeing a real need for innovation which comes with risks as automakers race to get more vehicles onto the market as soon as possible.

 

A recent CNBC article said,”Automakers are spending billions of dollars to transition to cleaner and greener battery-powered vehicles, but the new technology has come with an even steeper cost: Reputation-damaging vehicle fires, recalls, sudden power loss and problems getting some of the cars started.”

 

“Anytime you go into a new area of technology, there’s more to be learned than there is that you know,” Doug Betts, President of J.D. Power’s automotive division told CNBC. “There are risks, and there are things to be learned.” The learning curve with batteries is steep for traditional automakers, and battery technology remains challenging even for Tesla, which has faced similar issues.

 

Silicon anodes are recognized as the most promising material to improve the specific capacity, or the run-time, of the battery as it may store up to 10 times more lithium-ions than traditional graphite anode materials. However, the natural volume expansion problem of silicon is hindering the widespread adoption. The industry is hence accelerating the development of high-performance silicon anodes that can be scaled through low-cost production.

 


NEO Battery Materials Ltd. (TSXV: NBM) (OTC: NBMFF) may have a solution to some of these battery and silicon issues, having announced that the first prototype of silicon (Si) anode active materials has been successfully produced, and samples have been sent to NDA partners for full cell evaluation and electrochemical characterization.

 

Spencer Huh, President and CEO of NEO commented, "The first working set of NEO's proprietary silicon anode materials has been manufactured through our unique process. Our prototype will be utilized by third-party partners for evaluating the performance and efficacy of NEO's Si anodes in each respective party's cell system and environment. NEO will complete due diligence during and after testing to refine and strengthen the prototype for commercialization."

 

Dr. J. H. Park, Director and Chief Scientific Advisor said, "The Si anode prototype for sample testing is based on low-cost raw materials and was manufactured through our one-pot, cost-effective process. NEO's ability of economically manufacturing silicon anode materials is a substantial point of differentiation from existing companies, and we expect this development to act as a catalyst to accelerate the commercialization of our Si anode active materials."

 

From the news: As per the news release dated August 12, 2021, NEO has completed signing an NDA and is under discussion for potential synergies and opportunities regarding its Si anode nano coating technology. In this week, NEO has initiated two new NDAs with global top-tier battery material producers in China and South Korea for NEO's innovations with silicon. Updates and progress on discussions and developments will be soon provided.

 

According to NEO Battery Materials, “Silicon effectively increases the energy capacity of LiB and allows wider application and use in electrical vehicles at low costs.”

 

Tesla Inc. (NASDAQ: TSLA) , looking to maintain its position in the EV market recently entered into a deal with BHP for nickel supply for batteries. BHP will supply Tesla Inc. with nickel from its Nickel West asset in Western Australia, one of the most sustainable and lowest carbon emission nickel producers in the world.

 

From the news: Tesla Inc. is the world’s largest manufacturer of electric vehicles and battery storage systems with a mission to accelerate the transition to sustainable energy, and nickel is a key metal used to manufacture Tesla Inc.’s battery technology.

 

BHP Chief Commercial Officer, Vandita Pant, said: “Demand for nickel in batteries is estimated to grow by over 500 per cent over the next decade, in large part to support the world’s rising demand for electric vehicles.”

 

“We are delighted to sign this agreement with Tesla Inc., and to collaborate with them on ways to make the battery supply chain more sustainable through our shared focus on technology and innovation.”

 

From the news: In addition to the supply agreement, BHP and Tesla Inc. will collaborate on ways to make the battery supply chain more sustainable, with a focus on end-to-end raw material traceability using blockchain; technical exchange for battery raw materials production; and promotion of the importance of sustainability in the resources sector, including identifying partners who are most aligned with BHP and Tesla Inc.’s principles and battery value chains.

Most recently, GM said it would spend $800 million on a recall of its Chevrolet Bolt EV following several reported fires due to two “rare manufacturing defects” in the lithium-ion battery cells in the vehicle’s battery pack.

 

This follows General Motor Company’s (NYSE: GMrecent announcement with AT&T to bring 5G cellular connectivity to millions of GM vehicles coming off the assembly line over the next decade in the United States. GM and AT&T are working together to set the benchmark for automotive connectivity with a fifth generation cellular network architecture to meet the needs of an all-electric and autonomous future.

 

GM and AT&T are collaborating to build a high performance 5G core network that delivers a new standard. Network enhancements will include:

       Improved roadway-centric coverage

       Faster music and video downloads with higher quality

       Faster, more reliable, and secure over-the-air software updates

       Faster navigation, mapping, and voice services

 

5G connectivity will first be available in select model year 2024 vehicles. Additionally, through GM's fifth generation network, current 4G LTE-equipped model year 2019 and newer vehicles will experience faster connectivity speeds and many of the same performance benefits of future 5G-equipped vehicles. Current Chevrolet, Buick, GMC and Cadillac owners in the U.S. with 4G LTE-capable model year 2019 and newer vehicles will easily migrate to the new network infrastructure once available.

 

This rollout is part of GM and AT&T's broad strategy to launch the world's largest fleet of 5G-enabled vehicles and the culmination of a two-year collaboration, including test-driving connected vehicles in GM's 5G proving grounds in Milford, Michigan.

 

AT&T has the nation's most reliable 5G network, 1 covering more than 250 million people across the country. From 2016 to 2020, AT&T invested more than $110 billion in its wireless and wireline networks, including capital investments and acquisitions of wireless spectrum and operations.

 

GM offers OnStar and Connected Services2 to more than 16 million customers in the U.S. and Canada. Since the launch of 4G LTE in 2014, GM owners have used more than 171 million gigabytes of data across its brands, which is equivalent to nearly 5.7 billion hours of music streamed or more than 716 million hours of streaming video.

 

To support GM's rapid innovation and delivery of next generation connected vehicle solutions, AT&T and Microsoft are bringing together the speed and reliability of AT&T's 5G network with Microsoft's scalable and secure cloud services.

 

The 4G LTE and 5G network improvements will be foundational for the future of GM's growing over-the-air update strategy, an element of the automaker's overall innovation and growth plan. With more advanced features, robust software and faster download speeds, more data is accessible to provide a more convenient customer experience. GM's fifth generation network will also provide a strong foundation as the company advances its technology, such as Super Cruise and its Vehicle Intelligence Platform.

 

"Together with AT&T, we've brought unprecedented experiences to the daily commute, family road trips and everything in between," said Santiago Chamorro, GM Vice President of Global Connected Services. "As an in-vehicle connectivity leader, this rollout demonstrates our commitment to growth through software-enabled services and reimagining every customer touchpoint by enabling faster connectivity speeds to power in-vehicle voice-enabled services, navigation, and apps that our customers have grown to love."

 

Another battery maker, Enovix Corporation (NASDAQ: ENVX), a leader in the design and manufacture of next generation 3D Silicon™ Lithium-ion batteries, recently announced that it has achieved a key manufacturing facility milestone, completing equipment installation of its first U.S.-based advanced battery production line. Enovix also announced it signed a Master Purchase Agreement and a Cooperation Agreement with a California-based technology leader focused initially on the wearable device space. Based on the terms of the agreements, Enovix will receive a manufacturing capacity reservation fee and pre-payments totaling $3.5 million over the next 12 months. The total agreements are valued at up to $20 million with commercialization currently scheduled to begin in 2025.

 

“Building the Enovix factory in the US was a strategic choice to advance American innovation and build an ecosystem between R&D, manufacturing and our innovative customer base,” said Harrold Rust, President and Chief Executive Officer of Enovix. “Completing the equipment installation puts us one step closer to our planned start of production and customer deliveries in 2022.”

 

The Enovix factory in Fremont, California, will be the first facility in the world to be capable of volume production of advanced lithium-ion batteries with a 100% active silicon anode using its 3D cell architecture. Once the factory is fully scaled, Enovix plans to produce 45 million batteries a year.

 

The customer order is part of a larger strategic agreement in which the two companies will collaborate over the next decade on multiple applications for Enovix batteries. Platforms in this space require greater energy density and capacity in a small form factor. The Enovix battery provides up to 110% higher energy density than the standard lithium-ion battery in mobile devices today. Enovix has been issued 94 patents with more than 63 pending and is uniquely positioned to take advantage of the increasing power requirements of emerging technologies coming to market in wearable platforms.

 

“We are thrilled to convert this design win into a comprehensive agreement that validates our business model and guarantees access to our breakthrough batteries,” said Cam Dales, General Manager and Chief Commercial Officer. “This is also the start of customer engagements moving beyond technology evaluation as we scale production capacity.”

 

Scale and efficiency seems to be at the forefront of the battery discussion and whichever companies are able to meet these requirements first may have a significant advantage in the future of this aggressive growth industry.

 

About Investorideas.com

Investorideas.com publishes breaking stock news, third party stock research, guest posts and original articles and podcasts in leading stock sectors.  Learn about investing in stocks and get investor ideas in cannabis, crypto, AI and IoT, mining, sports biotech, water, renewable energy, gaming and more. Investor Idea’s original branded content includes podcasts and columns : Crypto Corner , Play by Play sports and stock news , Investor Ideas Potcasts Cannabis News and Stocks on the Move podcast ,  Cleantech and Climate Change , Exploring Mining , Betting on Gaming Stocks Podcast and  the AI Eye Podcast.

 

Disclaimer/Disclosure: 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. Contact management and IR of each company directly regarding specific questions. Disclosure: this news article featuring NBM is a paid for news release on Investorideas.com (two thousand) 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 Global investors must adhere to regulations of each country. Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

Contact Investorideas.com

800-665-0411

 

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Thursday, August 19, 2021

#ESG #Stock Solar Integrated Roofing Corp. (OTC: $SIRC) Announces JV to Host Nationwide #Solar Educational Events; @SIRCStock

#ESG #Stock Solar Integrated Roofing Corp. (OTC: $SIRC) Announces JV to Host Nationwide #Solar Educational Events; @SIRCStock

 

EL CAJON, CA / August 19, 2021 / Solar stock news from Investorideas.com Newswire and RenewableEnergyStocks.com Solar Integrated Roofing Corp. (OTC: SIRC), an integrated, single-source solar power and roofing systems installation company, announced today that it has signed a joint venture agreement with American Contractor and ContractorCoachPRO to market and produce elite solar educational events for prospective solar installers each month in key markets nationwide – which the Company expects could generate $1.5 million in recurring monthly revenue per event from contractors who join SIRC subsidiary USA Solar Networks.

 

Read this news, featuring SIRC in full at https://www.investorideas.com/News/2021/renewable-energy/08191SIRC-Solar-JV.asp

 

American Contractor is a national media company that hosts the American Contractor Show, a hybrid of live and recorded segments to create a discussion around topics that help contractors grow and elevate their businesses by exposing them to amazing minds and the tactics used to grow. ContractorCoachPRO guides clients through systems and processes to take control of their business, experience explosive growth and achieve the financial freedom to pursue their dreams.

 

Under the terms of the agreement, beginning in September 2021 the partners will host complimentary monthly events in nationwide “solar friendly” markets affording the opportunity to contractors to either convert to or add solar to their business plan by joining USA Solar Networks, a subsidiary of Solar Integrated Roofing. The memorable two-to-three-hour educational seminar and bootcamp will also include elite networking opportunities. Revenue from the events will be generated both from contractors choosing to join USA Solar Networks as well as from business, sales and marketing educational videos.

 

“American Contractor and ContractorCoachPRO have become well-known brands that deliver entertaining, educational content aimed at coaching contractors and those interested in contracting,” said David Massey, Chairman and Chief Executive Officer of Solar Integrated Roofing Corp. “Our partnership was a natural fit to introduce contractors to the benefits and opportunities of including solar products and services in their business plan through our USA Solar Networks subsidiary. With the growing capabilities spanning the SIRC family of companies, we believe that we can effectively cover all aspects of creating a best-in-class business platform for contractors looking to dive into solar under our umbrella.The key to this program is the synergy between USA Solar Networks, American Contractor and ContractorCoachPRO. With USA Solar Networks' experience and knowledge of the solar industry, and network administrative support, American Contractors ability to market, produce and create a memorable event experience and ContractorCoachPRO’s ability to support the network with business best practices, sales, and marketing for the member dealers, this partnership will provide the highest likelihood of success for member dealers.”

“Our monthly events will serve as an ideal introduction to our family of companies and has the potential to produce significant recurring revenue and profit. We are targeting a monthly attendance of 50 contractors and project 20% of event attendees will choose to join us. If each contractor then contributes an average of 5 deals a month at an average of $40,500 per deal, each event could conservatively generate over $1.5 million in recurring revenue per month – which adds up quickly over several events. We look forward to working closely with the team at American Contractor and ContractorCoachPRO to host these highly beneficial and educational events to contractors around the country while growing value for our shareholders in a non-dilutive manner,” Massey concluded.

 

About Solar Integrated Roofing Corp.

Solar Integrated Roofing Corp. (OTC:SIRC), is an integrated, single-source solar power and roofing systems installation platform company specializing in commercial and residential properties throughout the United States. The Company serves communities by delivering the best experience through constant innovation & legacy-focused leadership. The Company's broad array of solutions include sales and installation of solar energy systems, battery backup and electric vehicle (EV) charging stations to roofing, HVAC and related electrical contracting work. For more information, please visit the Company's website at www.solarintegratedroofing.com.

 

About American Contractor LLC.

American Contractor LLC is an industry-specific media company focused on providing entertainment and education to all contractors who want to achieve the American Dream. The company serves all contractors as an outlet to find new products, best practices and key advice through its various social media outlets and industry events. In addition to serving other industry events across the country focused on contractors, American Contractor produces its own events in the form of virtual summits, TOP REP Intensive Sales Training and now the American Contractor Solar Jumpstart. Please visit the company’s website at www.americancontractorshow.com.

 

About ContractorCoachPRO LLC.

ContractorCoachPRO LLC is an industry-specific business consulting company focused on the home services contractor niche. ContractorCoachPRO has coached 300+ companies who have generated over 3 billion dollars in revenues over the last 8 years. ContractorCoachPRO has a staff of executive level coaches who work through their proprietary “Contractor Blueprint” to provide Leadership, Culture, Process, Human Resources, Finance, Accountability, Technology, Marketing, Sales, Production, Training and Recruiting to their clients. ContractorCoachPRO’s services are delivered through 1-on-1 coaching, group coaching, the Contractor’s Training Room learning platform and the Contractor Strategy Conference. Please visit the company’s website at www.contractorcoachpro.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
Director
MZ North America
Main: 949-259-4987
SIRC@mzgroup.us
www.mzgroup.us

 

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