Friday, September 11, 2015 1:10:59 PM
Scenario 1
Savvy Investors purchase CIRC stock with the expectation that CIRC operations will generate profits, which will in turn increase the value of the stock. We know from 15 years of losses (and counting) – all with Mr. Iehab running the show – such is not a reasonable expectation – especially given the likelihood that CIRC has lost the rights to use the Playboy Trademark. CIRC has no real operations. None. Zero.
Scenario 2
Investors purchase CIRC stock in anticipation that some sort of award / settlement proceeds will be used to purchase back stock or issue dividends, with the anticipation that the stock price will increase for current investors. Such is not likely for two reasons:
-Cannot count on Mr. Iehab to use the funds in such a manner. The likelihood is that Mr. Iehab will pay himself, pay all of his “related parties”, pay down debt, and squander the remaining funds – just like he has done previously.
-Such a scenario requires interested parties to then be willing to buy the stock. However, as noted in Scenario 1, with no viable operations and a history of losses, savvy investors will stay away.
Scenario 3
Which leaves the only remaining possibility that more non-savvy investors, those that have not done adequate due diligence, jumping in for a “quick” legal / settlement play (similar to current investors) so that current investors can unload the worthless CIRC stock, leaving the new investors holding the bag. A speculative proposition.
Recent CIRX News
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/20/2023 09:12:01 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 11/14/2023 06:47:40 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/21/2023 08:14:48 PM
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/14/2023 10:10:13 AM
VPR Brands LP Reports Record Annual Financial Performance for Fiscal Year 2023 • VPRB • Apr 19, 2024 11:24 AM
Coinllectibles' Subsidiary, Grand Town Development Limited, Acquires Rare Song Dynasty Ceramics Worth Over USD28million • COSG • Apr 18, 2024 8:03 AM
ILUS Provides Form 10-K Filing Update • ILUS • Apr 17, 2024 9:54 AM
Glucotrack Announces Expansion of Its Continuous Glucose Monitoring Technology to Epidural Glucose Monitoring • GCTK • Apr 17, 2024 8:00 AM
Maybacks Global Entertainment To Fire Up 24 New Stations in Louisiana • AHRO • Apr 16, 2024 1:30 PM
Cannabix Technologies Begins Certification of Contactless Alcohol Breathalyzer, Re-Brands product series to Breath Logix • BLOZF • Apr 16, 2024 8:52 AM