FinancialBuzz.com: Lower Corporate Taxes Could Benefit Small Cap Companies

NEW YORK, January 27, 2017 /PRNewswire/ --

http://www.Financialbuzz.com - Because of the United States tax code, the situation in recent years made small cap companies the biggest taxpayers. Some expect this situation to change with the new administration. Lori Calvasina, chief U.S. equity strategist at Credit Suisse explained, "The effective tax rate for the Russell 2000 is 32 percent, and the S&P 500 we calculate at 26 percent. There's three reasons they rallied so hard - valuation, the domestic exposure and the corporate tax rate," CNBC reported. Solar Integrated Roofing Corporation (OTC: SIRC), Eco Science Solutions Inc. (OTC: ESSI), Cannabis Science Inc. (OTC: CBIS), Rocky Mountain High Brands Inc. (OTC: RMHB), MCig Inc. (OTCQB: MCIG)

The new administration proposed cutting corporate taxes to 15 percent from 35 percent. Assuming the end result is cutting to 25 percent, most companies will still benefit from it, said Lori Calvasina. Jefferies equity strategist Steve DeSanctis commented on the same topic, "If tax rates are reduced to 22 percent, we see a significant boost to earnings (that lowers) the P/E to 16.2X, which is still above the average. However, using a 15 percent tax rate, we see that earnings jump to $88.71 and the P/E falls below 15X,"

Solar Integrated Roofing Corporation (OTC: 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. January 25th the company announced it has signed a Letter-of-Intent to acquire a unique specialty subcontracting firm, headquartered in Agoura Hills, California.

Solar Integrated Roofing Corporation CEO Dave Massey said in a statement, "We're excited to move forward with this acquisition and propel our continued growth curve with this expansion into the affluent Los Angeles basin. We firmly believe we can double their revenues in 2017 to $4 million, by adding our solar expertise and marketing, as well as increasing the company's custom homebuilder client base."

Solar Integrated Roofing said in a press release that, "specializing in the exterior work on new custom homes and estates, the firm has performed work for many "A-List" luminaries and celebrities, such as Magic Johnson, Cher, Ben Stiller, Dwight Yoakum and Kelsey Grammer. The company's range of services include all manner of waterproofing, custom sheet metal, all types of siding, roofing and exterior carpentry."

Eco Science Solutions Inc. (OTC: ESSI) is a technology-focused Company that targets primarily the health and wellness industry. From enterprise software solutions, to consumer apps for daily use, the Company develops technical solutions that empower enthusiasts in their pursuit and enjoyment of building eco-friendly businesses and living healthy lifestyles. Eco Science's core services span business location, localized communications between consumers and business operators, social networking, educational content, e-commerce, and delivery. The Company's e-commerce platform allows health-and-wellness enthusiasts to easily locate, access, and connect with health-and-wellness businesses and like-minded enthusiasts, and to facilitate the research of and purchasing of eco-friendly products.

U.S. company specializing in the development of cannabis-based medicines, Cannabis Science Inc. (OTC: CBIS) had recently sold out of its Metered Dose Inhalers in an initial test market run in the California. Cannabis Science's CEO, Mr. Raymond C. Dabney, stated, "We did not expect demand for our Inhaler to increase so rapidly. While it was not a particularly large initial test batch, there were certainly enough indicators in the pilot program that point to a great success considering the application and target market. Consequently, we have substantially increased production with our current manufacturer and are identifying and implementing key manufacturing and distribution expansions to ensure we meet the growing demand for the CBIS MDI Inhaler."

Rocky Mountain High Brands Inc. (OTCQB: RMHB) develops, manufactures, markets, and distributes hemp-infused food and beverage products. The company offers hemp-infused beverages, including energy drinks, black tea, and lemonade; hemp-infused edibles, such as energy bars; and hemp-infused energy shots and coffee shots. It is also developing wine based ready-to-drink cocktails; cannabinoid infused beverages; hemp protein bars and hemp chia seed bars; and hemp infused natural spring water. The company markets its products through brokers, distributors, and retailers.

MCig Inc. (OTCQB: MCIG) operates as a cannabis cultivation construction company in the United States. The company serves the legal cannabis, hemp, and cannabidiol markets via its lifestyle brands. It designs, develops, engineers, and constructs modular buildings with unique and proprietary elements that assist cannabis growers in the market. The company also distributes and sells electronic cigarettes, vaporizers, and Rollies marijuana cigarettes. In addition, it offers electronic cigarettes and related products through its online store, as well as through the company's wholesale, distributor, and retail programs.

Please SIGN UP NOW at http://www.FinancialBuzz.com To Receive Alerts on Trending Financial News from all these companies. "The Latest Buzz in Financial News"

Subscribe Now! Watch us report from NYSE https://www.youtube.com/FinancialBuzzMedia

Follow us on Twitter for real time Financial News Updates: https://twitter.com/financialbuzz

Follow and talk to us on Instagram: https://www.instagram.com/financialbuzz

Facebook Like Us to receive live feeds: https://www.facebook.com/Financialbuzz

About FinancialBuzz.com  

FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR branding, marketing and advertising for third parties for disseminating news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.

Please Note: FinancialBuzz.com is not a financial advisory or advisor, investment advisor or broker-dealer and do not undertake any activities that would require such registration. The information provided on http://www.FinancialBuzz.com (the "Site") is either original financial news or paid advertisements provided [exclusively] by our affiliates (sponsored content), FinancialBuzz.com, a financial news media and marketing firm enters into service agreements with the companies which are the subject to the articles posted on the Site or other editorials for advertising such companies. Financialbuzz.com has not been compensated directly by any of the companies mentioned here in this editorial. We are not an independent news media provider and therefore do not represent or warrant that the information posted on the Site is accurate, unbiased or complete. FinancialBuzz.com receives fees for producing and presenting high quality and sophisticated content on FinancialBuzz.com along with other financial news PR media services. FinancialBuzz.com does not offer any personal opinions as we purely incorporate public market research along with financial and corporate news. FinancialBuzz.com only regurgitates financial or corporate news through our unique financial newswire and media platform. FinancialBuzz.com has been compensated a total of twenty five thousand dollars for financial news dissemination and pr services by a third party non affiliate for solar integrated roofing corporation Our fees may be either a flat cash sum or negotiated number of securities of the companies featured on this site, or a combination thereof. The securities are commonly paid in segments, of which a portion is received upon engagement and the balance is paid on or near the conclusion of the engagement. FinancialBuzz.com will always disclose any compensation in securities or cash payments for financial news PR advertising. FinancialBuzz.com does not undertake to update any of the information on the Site or continue to post information about any companies the information contained herein is not intended to be used as the basis for investment decisions and should not be considered as investment advice or a recommendation. The information contained herein is not an offer or solicitation to buy, hold or sell any security. FinancialBuzz.com, members and affiliates are not responsible for any gains or losses that result from the opinions expressed on the Site, company profiles, quotations or in other materials or presentations that it publishes electronically or in print. Investors accept full responsibility for any and all of their investment decisions based on their own independent research and evaluation of their own investment goals, risk tolerance, and financial condition. FinancialBuzz.com. By accessing this website and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy, as may be amended from time to time. None of the content issued by FinancialBuzz.com constitutes a recommendation for any investor to purchase, hold or sell any particular security, pursue a particular investment strategy or that any security is suitable for any investor. This publication is provided by FinancialBuzz.com. Each investor is solely responsible for determining whether a particular security or investment strategy is suitable based on their objectives, other securities holdings, financial situation needs, and tax status. You agree to consult with your investment advisor, tax and legal consultant before making any investment decisions. We make no representations as to the completeness, accuracy or timeless of the material provided. All materials are subject to change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. For our full disclaimer, disclosure and Terms of Use. Please visit: http://www.financialbuzz.com

        
         
        For further information: 
        Media Contact: [e-mail] , [phone] 
        Url: FinancialBuzz.com 

 

SOURCE FinancialBuzz.com