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Alias Born 04/27/2011

Re: Sparklefarkle post# 32709

Friday, 07/01/2016 1:15:16 AM

Friday, July 01, 2016 1:15:16 AM

Post# of 33394
I am sure he has because he already stated that the license was terminated.

Cirtran’s 2013 10K states:
“Playbev reached a settlement with Playboy that would have provided for a new license conditioned on bankruptcy court approval of PlaybBev’s reorganization plan, PlayBev’s payment of $2.0 million to Playboy, and other provisions, but PlayBev was unable to obtain the funding needed to pay Playboy the initial amount or otherwise implement the reorganization plan, so that plan was abandoned and the settlement agreement and the new Playboy license did not become effective.”

Operationally, no chance Mr. Iehab can operate Circ profitability. He never has. So what is going to change now?

Losses
2016 ?
2015 ?
2014 ?
2013 $(1,015,316)
2012 (1,787,643)
2011 (7,043,410)
2010 (2,972,488)
2009 (4,342,761)
2008 (4,205,916)
2007 (4,801,900)
2006 (2,667,164)
2005 (527,708)
2004 (1,876,333)
2003 $(2,523,665)