CirTran Corporation (CIRX)

[rut2k9]

If you know anything about successful people is that most have failed multiple times before achieving great success. This is a man who was working for a large electronics firm called Tandy and he saw an opportunity to take over a plant they were closing and make a business out of it in a highly competitive industry with low margins. People did business with Iehab because of his character, honesty and hard work to deliver on promises. Many of you may have already forgotten that he gave shareholders a 20 % bump it stock when he did a second offering I believe was the situation. In spite of what the negative bias is here, I believe he will take care of his shareholders if he wins in this court battle. He will need a good reputation if he wants to raise more capital in the future. Rewarding these shareholders will provide a pool for future growth with his next public offering. Only 30 days more before the action begins.

1. Does he/the company still own this plant? (No)
2. Did he sell it for more, or less, than he paid for it originally?
3. Has he ever turned a profit, in any year, ever?

Each offering has been more and more toxic, more and more dilutive.
Each new business, from infomercials to hair straighteners to George Foreman knock-offs, to an energy drink, has been less and less successful.

Now, to raise money he has to use the lender of last resort.

The history is clear. It's long. It's more than a decade. It's documented.

You make this sound like a VH1 "Behind the Music" episode, but this pipe dream has an unhappy ending. And encouraging people to put their hard-earned money at risk for this incredibly risky venture is, in my opinion, irresponsible.

P.S. If I had a dollar for each time I was told we were "30 days away from the action" on Cirtran, I'd have enough dollars to buy the company. We've been 30 days away for, what, three years?