CirTran Corporation (CIRX)

[Soulman856]

Oh yea, current again!!!!

[ItalStallion]

Nice..CIRX meets the qualifications for Pink Current Information, has verified the information on its company profile on www.otcmarkets.com, and demonstrates that there is no longer a public interest concern and it is rare: in six month OTC Markets Group have removed the Caveat Emptor(CE)designation of only 10 tickers

[Golden Cross]

CE now removed

[ADenn]

2600.00 is what separates us from .75

[12yearplan]

https://www.otcmarkets.com/stock/CIRX/security
https://www.otcmarkets.com/badges/caveat-emptor.png
Looks they are moving into International Pet Group's old digs
More of a strip mall than warehouse imo (size of an avg house)
Guess that's appropriate going from peeler to peeler, Playboy to Hustler
Could double as a retail outlet I suppose
https://www.google.com/maps/@36.07304,-115.0996815,3a,15y,190.82h,86.23t/data=!3m6!1e1!3m4!1smBasFGInTPMhpi5XfSelSQ!2e0!7i16384!8i8192
https://www.google.com/maps/@36.0725595,-115.0997286,3a,37.5y,13.58h,90.44t/data=!3m6!1e1!3m4!1svQAJ9tl5_yLqyCjgOWRdqQ!2e0!7i16384!8i8192
Hokay: http://www.globrandsllc.com/
Let's GO!
CIRX$

[ADenn]

Anyone have the new SS?

[ADenn]

What happened to all the buying from this morning

[12yearplan]

Yeah thanks, I've been following

Creeping up but a crazy spread getting crazier

I thought the $2500 a month rent was a bit much

If nothing is going on

Who do we know that get's into Vegas?

To check it out.

CIRX$

[ItalStallion]

Back in play: https://www.otcmarkets.com/filing/html?id=13862669&guid=97qjUKBvVF98fth

[makinezmoney]

$CIRX: Trading very nicely.


GO $CIRX

[12yearplan]

Cirtran is back in business - Ackshun today

Item 1.01 Entry into a Material Definitive Agreement



On December 30, 2019, CirTran Corporation (the “Company”), through its wholly-owned subsidiary, LBC Products, Inc., a Utah corporation (“LBC”), entered into an Exclusive Manufacturing and Distribution Agreement (the “Agreement”) with GloBrands, LLC, a New Mexico limited liability company (“GB”), an unaffiliated party. Under the Agreement, GB granted the Company the right to manufacture, distribute, and sell condoms, electronic cigarettes, electronic cigars, cigars, hookahs, hookah tobacco, energy drinks, water beverages, and related merchandise, all using the HUSTLER® trademark, under three license agreements between GB and LFP Product Licensing, LLC, a California limited liability company. Under the Agreement, LBC will retain its cost of goods sold plus an additional 20% of that amount and 10% of gross sales of the covered products, and GB will reimburse certain of LBC’s media placement expenses plus an additional 5% of the amount of those expenses. The agreement term extends through November 30, 2024.



As of November 29, 2019, the Company entered into a Commercial Lease (the “Lease”) with GB. The Lease allows the Company the use of a 500 square foot office space and 2000 square foot warehouse in Las Vegas, NV, on a month-to-month basis, in exchange for rent of $2,500 per month.


Item 9.01 Financial Statements and Exhibits.



The following is filed as an exhibit to this report:


Exhibit
Number* Title of Document Location
Item 10 Material Contracts
10.55 Exclusive Manufacturing and Distribution Agreement Dated and executed December 30, 2019 Attached

10.56 Commercial Lease Dated and executed November 29, 2019. Attached

Can't open the attachments.. anyone?, thanks.

[Zardiw]

$CIRX: 2017 - The Commission temporarily suspended trading in the securities of the foregoing companies due to a lack of current and accurate information about the companies because they had not filed certain periodic reports with the Commission.

https://www.otcmarkets.com/stock/CIRX/news/SEC-Suspension-of-Trading?id=152528

They were filing with the SEC.....guess they filed a 211 and got back to trading.....

z

[Zardiw]

$CIRX is Current with the SEC. Just released an 8K...fwiw

z

[MFlores]

$7,000 in cash, $37 million in current liabilities....do not be fooled.

[12yearplan]

Nevermind, Lehab is back working for our best sh interests:

October 30, 2019 07:59 AM Eastern Daylight Time

SALT LAKE CITY--(BUSINESS WIRE)--CirTran Corporation (OTC BB:CIRX) said today that it has completed all required filings with the Securities and Exchange Commission (SEC), cleared all Financial Industry Regulatory Authority (FINRA) comments, restructured its financing, and is finalizing agreements which will enable it to conduct business in the immediate future and moving forward.

“CirTran had fallen behind in SEC filings, and our financial stability was not where we needed it to be”
Tweet this

“CirTran had fallen behind in SEC filings, and our financial stability was not where we needed it to be,” said Iehab J. Hawatmeh, the company’s founder, chairman and president.

“It was a two-year recovery,” he said. “In no way are we are looking over our shoulder, but rather we are working hard to move forward and upward in 2020. CirTran is current in all filings and we are on-schedule to file our Q3 for the current year as due by November 15.”

Mr. Hawatmeh said CirTran’s new investor purchased the position previously held by another company. “They know our business, they are in sync with our business model, and most important, they believe in us,” he said.

Moving forward, Mr. Hawatmeh said CirTran will be engaged in both domestic and international manufacturing and distribution of products targeted to the young-adult and adult marketplaces in the U.S. and throughout the world.

About CirTran Corporation

Founded in 1993, CirTran has evolved from its roots in electronics to become a manufacturer and distributor of consumer products as well as contract manufacturer.

[12yearplan]

Thanks Marc. Hey, your not from Utah are you?.
Need someone to go knock on some doors
And find out wtf is going on ;)
https://www.mylife.com/iehab-hawatmeh/e361539665166
https://www.google.ca/maps/place/3271+Deer+Hollow+Dr,+Sandy,+UT+84092,+USA/@40.5572597,-111.8019613,133m/data=!3m1!1e3!4m5!3m4!1s0x87527cf899d2cabd:0x2518526a19a81b84!8m2!3d40.5585038!4d-111.8016168

[marc_1958]

It is not halted as I bought a few this morning just to make sure that it was trading. I also think that the D was dropped off of the symbol.

[12yearplan]

Thanks Renee, I think that is it..

[Renee]

CIRX is not halted as far as I can tell. There are likely issues with Brokers not receiving the CIRXD dividended shares from the Transfer Agent and that alone would prevent or curtail trading.

[12yearplan]

Gm Renee, is Cirtran halted or something?, thanks.

[12yearplan]

Man, Lehab couldn't win a free ticket if he bought a 1000 of em..
https://www.chicagobusinesslitigationlawyerblog.com/play-beverages-v-playboy/
..in October 2016, the court awarded a judgment to Playboy of $6.6 million against Play Beverages and CirTran Beverage Corp., our subsidiary. The court denied our motion for a new trial and awarded Playboy treble patent infringement damages and attorney’s fees. We filed a notice of appeal in July 2017 and again in March 2018. Playboy has initiated collection efforts but has recovered no funds. We have accrued $17,205,599 as of June 30, 2019 and December 31, 2018 related to this judgment which is included in liabilities in discontinued operations. In September 2018, the appellate court affirmed the judgment of the circuit court.
https://www.otcmarkets.com/filing/html?id=13593320&guid=AfmfUnksZwpNP3h

It would have to be a yuuge lottery win to give Cirtran back a storyline.

Here it is;

  Under a term sheet signed April 22, 2019, a newly organized CirTran Corporation subsidiary will manufacture, market, and distribute exclusively a nonalcoholic energy drink and other beverages, electronic cigarettes and cigars, condoms, and other products as an exclusive contract manufacturer and distributor for an unaffiliated licensee that is completing licensing arrangements with a privately held, well-capitalized, U.S. firm with international retail and publishing operations, under the licensor’s well-established lifestyle private label. The name of the licensor is confidential pending its completion of trademark product category filings in additional global markets and the negotiation and execution of definitive agreements. This exclusive distribution agreement encompasses products and activities in mass market, specialty, drug, supermarket, military, club stores, direct response, mail order, pharmacies, casinos, clubs, convenience stores, retail, internet, news/kiosks, vending machines, airport, and duty-free distribution channels.

 

Under our arrangement, we will manufacture, market, and distribute products, subject to a royalty based on manufacturing and advertising expenditures. The licensee will be obligated to pay the trademark owner-licensor a 6% royalty fee on all sales, with advance royalties due upon signing the definitive agreements and guaranteed royalties due over the next four years. The unaffiliated licensee intends to fund any minimum royalty payments and budgeted product rollout costs with capital raised from private investors.

 

These manufacturing and distribution arrangements culminate months of direct negotiations with both the licensee and the trademark owner-licensor, which we initiated after the October 2018 denial of our petition for retrial in the litigation with Playboy Enterprises, Inc. in Cook County, Illinois. Under our previous agreement with Playboy, our now-discontinued subsidiary had been precluded from commencing any business that was competitive with the distribution of nonalcoholic beverage under the Playboy name and license.

 

In undertaking this new product distribution opportunity, we will seek to take advantage of our distribution and manufacturing relationships established in several global locations during the last 18 years.

 https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151165367

May have stashed a few cases, never know ;)
https://investorshub.advfn.com/uimage/uploads/2012/12/21/svflbpb2.png


 

[makinezmoney]

$CIRXD: Give it some time to come in


Watching with interest as well.


Its gonna be fun once it starts going.

[BCNstocks]

When are we going to be able to trade this? Right now the symbol is still showing up as a number.

[makinezmoney]

$CIRX: Now $CIRXD ....... 1 for 1000


WOOOOOOOhooooooooooooooooooo



Get your Party Hats on People !



GO $CIRX

[Renee]

CIRX one for 1,000 reverse split:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

[clarence2society]

so how did this end up on greys and how did they come off grey?/ curious to the story for them

[davidsson10]

1:1000 R/S Tomorrow, per FINRA: https://otce.finra.org/otce/dailyList

CIRXD

[Liquid1974]

Off greys is rare

[bnt4eva1031]

What you thinkin, looks like it might get some interest?

[12yearplan]

It's back Rut!, lordy not ready, lol..
CIRX$

[marc_1958]

I really like that you put "probably" in your post as you really don't know! Would really be nice if a PR is forthcoming. So we will just have to wait til then to see if your probably is correct or not.

[The Rainmaker]

There is $2.6 million in toxic notes. The people they owe money to are probably the ones behind why they brought this back from the dead.

[LexTrader]

Certainly a reason they went to all this trouble. Look forward to what they have in store

[Liquid1974]

Wastching CIRX....

[yankees18]

CIRX off the grey market. You dont see that too often...

[TIMBERWOLF]

New business plan coming here!

https://www.otcmarkets.com/filing/html?id=13370242&guid=-HmfUqr3iOWgN3h

[okwife]

i am not buying i am a seller now i have a free trade. let her rip!!

[Jim Beem]

PUMP N DUMP GARBAGE TICKER! NO ONE SHOULD TOUCH THIS!

[barnyarddog]

Form 10-Q of CirTran Corporation;

CIRTRAN CORPORATION

Dated: August 14, 2019 By:
/s/ Iehab Hawatmeh
Iehab Hawatmeh, President

https://www.otcmarkets.com/filing/html?id=13593320&guid=AfmfUnksZwpNP3h

[richrichrich]

I see it hit .0007 earlier. I don't see this on the breakout board. Need to alert some whale type buyers about this thing. Don't see any news. Need to check on FINRA, as to why it just started trading again. May see if there's a Cirtran website available, to find out why it rose from nothingness.....

[georgie18]

CIRX...0005s getting hit...

[Shibbynitz302]

whats the deal here?

[$on_myMind]

weird volume today and friday! something up here imo finra reinstated

[okwife]

CIRX 6 X .0007 LET ER RIP!!

[Flip]

very interesting

[okwife]

sold 860k @ .0004 next sell is 1m @ .0024 !! let her rip!! go cifrx found money!!! Convertible Debentures



We currently have an amended, restated, and consolidated secured convertible debenture with Tekfine, LLC, an unrelated entity, with a maturity date of April 30, 2027, to the extent not previously converted. The amended debenture had a total outstanding principal balance of $2.4 million, with accrued interest of $1.3 million as of June 30, 2019. We also have a $200,000 convertible debenture with a maturity date of October 20, 2018 and a $25,000 convertible debenture with a maturity date of June 3, 2020, unless earlier converted. Each additional convertible debenture is with Tekfine. The convertible debentures and accrued interest are convertible into shares of our common stock at the lower of $0.10 or the lowest bid price for the 20 trading days prior to conversion. As of the date of this report, we are unable to convert this debenture because we have insufficient authorized but unissued shares to issue upon conversion.

IS IT GOING TO 10 CENTS?

[summerlove]

Yes sir sure is. Hopefully it goes on what I can answer. Good luck

[TIMBERWOLF]

Looking good

[summerlove]

New tic CIRX

[summerlove]

Is it back and alive