Solar Integrated Roofing Corporation CEO Announces LOI with Com-Guard.com, Inc. to Enter the SolarCoin Market
Jan 17, 2018
OTC Disclosure & News Service
ENCINITAS, Jan. 17, 2018 (GLOBE NEWSWIRE) — POWAY, CA – January 17, 2018 – Solar Integrated Roofing Corporation (OTCPINK: SIRC) CEO Dave Massey announced an LOI with Com-Guard.com, Inc. to enter the SolarCoin market. “We have been in negotiations with Com-Guard over the past few months,” said Massey. “Together, we’ve been exploring different products utilizing the low-cost Raspberry Pi in the IoT market for connected homes.”
Dr. Edward W. Savarese, Chief Executive Officer of Com-Guard, Inc. stated in a recent press release, “We are excited to target various industries with the products we have been developing and the Company will be using its expertise in the rapidly growing Internet of Things (IoT) marketplace, to enhance the product offerings of Solar Integrated Roofing Corporation.”
“We are looking forward to a strategic technical and sales partnership with Com-Guard.com, Inc.”, added Massey. “We realize the connected home market for all devices will be very important in the future and we will capitalize on that growth. Together, we will be on the cutting-edge of technology within our industry”.
In a Digitalis Magazine article titled, “SolarCoin: How Blockchain Is Incentivizing A 5,000 Gigawatt Quest To Save The Planet” by Jacqueline Prause, she states that “Rather than wait for more money to flow into the solar industry, the SolarCoin Foundation is incentivizing solar production for participating households and businesses, one megawatt-hour at a time – and it’s using blockchain technology to do it.”
The SolarCoin Foundation expects to have one million participants by the end of 2019. This would provide the uplift to bring the value of one coin to between $20 and $30 per megawatt hour. As noted in Scientific American, “For now, the handouts act as a reward – a little token of thanks – to the people who are already doing their part for the environment.”
About Com-Guard.com, Inc.:
Com-Guard Inc., (www.com-guard.com) Com-Guard, Inc. has been recently focusing on the has announced that it is going to standardize on the Raspberry Pi Development Platforms using Linux based Software and ARM Architecture Hardware to develop low cost and high-performance solutions in the Security and Tracking Markets and is planning on implementing the Blockchain Software on the Raspberry Pi Platform. The company has been a software and hardware developer in the security markets for over 15 years.
About the SolarCoin Foundation:
Founded in 2014 by a group of solar experts and macro-economists, the SolarCoin Foundation is an international network of volunteers and community members whose job it is to oversee the distribution of SolarCoins (cryptoexchange symbol: SLR) – a blockchain-based digital currency that is distributed to solar producers at a rate of one coin per megawatt-hour of solar energy produced, based on verified meter readings. The organization maintains a public ledger that records each SolarCoin given out to solar electricity generators.
About Solar Integrated Roofing Corporation
Solar Integrated Roofing Corporation (SIRC) is an integrated solar and roofing installation company specializing in commercial and residential
properties with a focus on acquisitions of like companies to build a footprint nationally.
For more information, please visit: www.solarintegratedroofingcorp.com
Any statements made in this press release which are not historical facts contain certain forward-looking statements; as such term is defined in the Private Security Litigation Reform Act of 1995, concerning potential developments affecting the business, prospects, financial condition and other aspects of the company to which this release pertains. The actual results of the specific items described in this release, and the company’s operations generally, may differ materially from what is projected in such forward-looking statements. Although such statements are based upon the best judgments of management of the company as of the date of this release, significant deviations in magnitude, timing and other factors may result from business risks and uncertainties including, without limitation, the company’s dependence on third parties, general market and economic conditions, technical factors, the availability of outside capital, receipt of revenues and other factors, many of which are beyond the control of the company. The company disclaims any obligation to update information contained in any forward-looking statement. This press release shall not be deemed a general solicitation.
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