CirTran Corporation (CIRX)

[summerlove]

Is it back and alive

[harr449]

Why would this stock be revoked then reregistered when it’s filings are current?

[Renee]

CirTran Corp. added to the OTC. Ticker CIRX:

https://otce.finra.org/otce/dailyList?viewType=Additions

[Renee]

CIRZ FINRA error adding CIRZ to the OTC:

FINRA deleted symbol:

https://otce.finra.org/otce/dailyList?viewType=Deletions

[Renee]

Cirtran Corp. reregistered with the SEC. Added to the OTC. New ticker CIRZ:

https://otce.finra.org/otce/dailyList?viewType=Additions

https://www.sec.gov/cgi-bin/browse-edgar?company=Cirtran+&owner=exclude&action=getcompany

[12yearplan]

Hmpf, any relation?..
Alexander Hawatmeh escaped from custody Aug 7th

https://articles.oregonlive.com/business/index.ssf/2015/06/alexander_hawatmeh_sentenced_to_5_years_in_prison_for_penny_stock_scams.amp

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=142888430

[okwife]

circ CIRC permanent revocation? just a number no symbol!!! cusip number 17276F206

[cryptic0110]

Activity Date: 10/5/2017 Participant: PLAY NBEVERAGES
CITATION CONTINUED

Date: 11/8/2017
Court Time: 0930
Judge: WHITE, ALEXANDER P

Activity Date: 11/8/2017 Participant: PLAY/CITRON
CITATION CONTINUED

Date: 12/14/2017
Court Time: 0930
Judge: WHITE, ALEXANDER P

Activity Date: 12/14/2017 Participant: PLAY
CITATION CONTINUED

Date: 1/11/2018
Court Time: 0930
Judge: WHITE, ALEXANDER P

Activity Date: 12/14/2017 Participant: PLAY/CITI
CITATION CONTINUED

Date: 1/11/2018
Court Time: 0930
Judge: WHITE, ALEXANDER P

[Termite7]

Wow, it's not even a shell, then?

[MFlores]

As long as the appeal continues, the Corporation will not be dissolved.

As long as the corporation is an entity, the shares of the company are legitimate ownership of the company - the shares simply cannot be traded publicly. A shareholder can privately sell their shares to another - happens all of the time with privately-held companies.

If the appeal process fails again (which is likely), then the citation will continue and the company will fold. Mr. Iehab has no other products (never did) so there are no business operations left, leaving no way to pay the millions of $ he owes to Playboy.

[rut2k9]

The status is, Cirtran lost, and is being dissolved. The stock is no longer a stock. It is illegal to buy or sell it. It has been de-registered. Cirtran is no longer a public company, and depending on the status of the dissolution, likely no longer an entity at all. Shareholders lost everything.

It's been more than six months, and almost seven months, since the cheerleaders posted. They've moved on, admitting defeat.

[hibarb]

Does anyone know current status? (thanks cryptic0110) "CirTran Beverage Appeals Adverse Judgment in Lawsuit Against Playboy Enterprises"

http://www.businesswire.com/news/home/20170802005157/en/CirTran-Beverage-Appeals-Adverse-Judgment-Lawsuit-Playboy

"August 02, 2017 07:59 AM Eastern Daylight Time
SALT LAKE CITY--(BUSINESS WIRE)--CirTran Beverage Corp., a subsidiary of CirTran Corporation (OTC BB:CIRC) and Play Beverages, LLC said today that they have filed an appeal of the adverse jury verdict and related orders entered in favor of Playboy Enterprises in the long-running trademark and licensing dispute between the parties concerning Playboy Energy Drink."

“CirTran Beverage and Play Beverages were extremely disappointed by the outcome in the trial court”
"Tweet this
The appeal, filed on July 21, 2017, asks that all relief awarded to Playboy be vacated and that a new trial be granted to CirTran Beverage and Play Beverages on each of their claims.

CirTran Beverage and Play Beverages brought the lawsuit against Playboy in 2012 seeking to enforce contractual and related rights to manufacture and market a line of energy drinks using the Playboy trademarks.

Iehab J. Hawatmeh, president of CirTran Beverage, said that veteran trial lawyer Todd C. Jacobs from litigation boutique Bradley Riley Jacobs PC of Chicago has been retained in the appeal."

“CirTran Beverage and Play Beverages were extremely disappointed by the outcome in the trial court,” Mr. Hawatmeh said. “However, we believe in the justice system and that our rights will ultimately be vindicated on appeal and at a retrial of this matter.”

"About CirTran Corporation

Founded in 1993, CirTran Corporation has evolved from its roots in electronics to also manufacture and market beverages through its CirTran Beverage subsidiary. CirTran also maintains the capabilities of its previous core business in off-shore manufacturing of high-volume electronics, fitness equipment and household products.

This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement. CirTran disclaims any obligation or intention to update any forward-looking statement."

Contacts
CirTran Corporation
Iehab J. Hawatmeh, [phone]
[e-mail]

$CIRC

[MFlores]

Case Has Been Ordered Disposed and assigned to Tax/Misc Remedies Section

Maybe Sparky and Hammy can tell us what it all means.

[cryptic0110]

http://www.businesswire.com/news/home/20170802005157/en/CirTran-Beverage-Appeals-Adverse-Judgment-Lawsuit-Playboy

Just an FYI, not new if you look at the docket, just a new article.

[MFlores]

Citation to Discover Assets

A Citation to Discover Assets

If a creditor sues you for money and wins, the court gives the creditor a judgment against you. The judgment tells how much money you owe the creditor and orders you to pay it.

Following the judgment, the creditor may try to collect the money you owe by requiring you to appear before the court for a Citation to Discover Assets. During this proceeding, the creditor wants to discover the amount of your income and the value of your property that he can seize to collect the money you owe. The court may require that you bring to the hearing certain financial documents including tax returns, bank statements, and payroll stubs.

The Citation to Discover Assets Creates an Automatic Lien

The creditor will send you written notice spelling out your legal rights, as well as the date and time of your court hearing. The date of the hearing is called the return date. At that time, you must appear in court and answer questions asked by your creditor's lawyer relating to your income and property. If you don't come to the hearing - or if you don't have the documents that were requested - the judge could have you arrested and charged with contempt of court.

Once a Citation to Discover Assets is issued, a lien is automatically placed on all of your nonexempt property. This means you cannot make or allow any transfers of your nonexempt property. If you do, you may be subject to court penalties for failing to obey the citation.

If the creditor serves your bank with a Citation to Discover Assets, then the bank must freeze all of your accounts unless the funds are exempt. Then the bank must appear in court and you should attend the hearing to assert your rights of exemption. The bank may not give money to your creditor without a court order.

[rut2k9]

Looks like Cirtran is being liquidated. Noted Chicago-based liquidation law firm GRIPPO ELDEN LLC has filed several motions to discover assets. Sounds like the judge didn't overturn the verdict.

Everything must go!

https://w3.courtlink.lexisnexis.com/cookcounty/Finddock.asp?DocketKey=CABC0L0ABCBIB0LD

[rut2k9]

Sparkle, have you given up?

As of today, it has been 3 months since his last posting.
I'd say he has.

[MFlores]

remedial math: any percent of $0 is still equal to $0.

[paultbear_06]

How much are we talking about?
How many shares do you have and what are they worth to you? If they are worthless then send me a email
Giving me all of your shares. Signed letter from all of you would do.
Correct me if I am wrong but stock in a company is still ownership of a % of said company.
If it is worthless just give it away. If you have the majority of the company then you can get in on the decision making. Who's closer to Utah?
If they win in court that means what exactly? Playboy is going bankrupt. Ergo it's just a name.
If you don't want your stock give them to me. Making money starts with the mind

[rut2k9]

Rut, if you hate seeing people etc,.. you should have said something ;{).

Bro, I've been telling you this was a dead end for 10 years. Literally. On this board and others. I've said plenty. Those who didn't listen ... well .. they can't blame me.

[12yearplan]

Rut, if you hate seeing people etc,.. you should have said something ;{).


What, exactly, are you looking for? It's over. I'm sorry. I hate seeing people get suckered.

[onlyme]

Still reminding folks that the court docket for this case is still

Activity Date: 3/29/2017
Participant: PLAY BEVERAGES LLC
COURTS MOTION THIS CASE IS TAKEN UNDER ADVISEMENT

No change. Judge still weighing trial proceedings

[rut2k9]

agreed, I am also curious about what you have to say Sparkle

The multiple days of silence here are very telling.
The multiple years of silence from Iehab and the company even more so.

- The stock has been unregistered
- They have not filed financials for years
- They lost in court

What, exactly, are you looking for? It's over. I'm sorry. I hate seeing people get suckered. You got suckered.

[cryptic0110]

agreed, I am also curious about what you have to say Sparkle

[DPE1111]

Hey Sparky... Any updates? What does Iehab have to say these days?

[cryptic0110]

Technically we're waiting on "COURTS MOTION THIS CASE IS TAKEN UNDER ADVISEMENT".
But yeah, bye-bye to those 19mill shares. Many shareholders are in the same boat.

[rut2k9]

Do I kiss my 19,000,000 millions shares goodbye?

yes.
Sorry.

[Bobertonj]

Sparkle, have you given up?

Do I kiss my 19,000,000 millions shares goodbye?

[rut2k9]

Is Citran changing their name?

Why do you think that?
Cirtran is, at this point, not a publicly traded company and the stock is literally worthless.

[hibarb]

Is Citran changing their name?

[MFlores]

God could care less about this. Mr. Iehab's choices deserve their just rewards - $7,000,000 in payments.

[MFlores]

Playboy needs customers to pay per contract. Playbev could not and never did. Playboy wants nothing to do with Playbev.

[MFlores]

The right thing to do is uphold the unanimous decision that Playbev infringed the trademark.

[Sparklefarkle]

Docket update court is taking under advisement as expected

[Trader_NYC]

From the courts:
Activity Date: 3/29/2017 Participant: PLAY BEVERAGES LLC
"COURTS MOTION THIS CASE IS TAKEN UNDER ADVISEMENT"

[Sparklefarkle]

Somebody check the docket if you don't here from me. I have an early flight to Australia

[Sparklefarkle]

Easter is just around the corner, maybe God will have a play in this

[Sparklefarkle]

Not until next week until we get a ruling. Playboy reversed their position on nudity, who knows maybe they will need playbev revenue

[Sparklefarkle]

Don't give up

[Sparklefarkle]

Judge will rule next week, all we have is hope that he will do the right thing

[Sparklefarkle]

Let's see what the docket says at 4 am this morning

[marc_1958]

Do you not think it is time to turn out the lights?

[marc_1958]

Keep hoping something will go right with this company, but all I have is hope.

[Sparklefarkle]

10q and 10k will be updated and will be relisted . You still have stock in cirtran. Filings will take at least 6 months after decision by judge

[marc_1958]

But,how does that affect us and Cirtran since the registration has been revoked?

Cannot be good, if it's not one thing it seems to be another.

[rut2k9]

CIRC registration revoked:

https://www.sec.gov/litigation/admin/2017/34-80317.pdf

Cirtran is no longer a public company.

https://www.sec.gov/fast-answers/answersdfnctcohtm.html

The SEC may revoke the registration of stocks. In some circumstances, the SEC may revoke the registration of a defunct company's stock. Section 12(j) of the Exchange Act authorizes the SEC to revoke the registration of a security if the issuer fails to comply with the federal securities laws. Broker-dealers may not execute any trades in stocks whose registration has been revoked pursuant to Section 12(j).

[Renee]

CIRC registration revoked:

https://www.sec.gov/litigation/admin/2017/34-80317.pdf

[Sparklefarkle]

I will let everybody know Thursday after the ruling in court. If we get a victory we can then pay the auditors to complete 10qs and 10ks, and then be relisted.

[marc_1958]

So is Cirtran now trading again, but on the grey market?

That sure is what it looks like.

Sparkle, can you fill us in?

[rut2k9]

This stock is dead.

Temporary trading suspension due to not filing financials.

Soon, like next week perhaps, it will be decertified (meaning it's no longer a public company, and the ticker is officially dead, and all shares are worthless and cannot (ever) be sold.)