CirTran Corporation (CIRX)

[MFlores]

The $2,000,000 was likely the annual royalties that CIRC had agreed to pay in the first place but had failed to pay (earlier filings show royalty expense in the $2 million range), and so for the trademark license to be continued Circ needed to pay what they had agreed to pay in the first place. Circ couldn't do it.

To think that Circ will generate profits in the future when it hasn't the past 15 years is foolishness. Whether you like it or not, that is the reality.

"Insanity; doing the same thing over and over again and expecting different results." Albert Einstein