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It has been bad for shareholders for many years.
Big Volume and heading up a little. Who Knows what the News will be?
Unfortunatly imo we will not be seeing that kind of movement in the near future.
Chart is looking good lets go higher this week.
I guess this thing got some legs after all.
Good News>>>CirTran Corp (OTC: CIRC) was the biggest gainer moving up 0.0008 (66.67%) to $0.0020 with more than 9.12 shares trading hands. In August, CirTran reported a gain of $6,005,885 in the value of derivatives it held during the quarter, as compared with a gain in derivative value of $120,652 in the same period in fiscal 2010. That substantial increase boosted the net income attributable to CirTran to $5,263,106 for the quarter as compared with a loss of $118,174 in the second quarter of fiscal 2010.
Why? Because it went down on almost zero volume? Don't be fooled we have all seen this before with this stock. Try to buy some and you will see the ask go way up or you will just not get your order filled. Buy if you can at these prices....
Chart looking good again but we need some real volume soon. Staying above the 200 and back in the channal!
WOW! 570 shares traded!
Well what I wrote about yesterday was and still is but the 7 million in lost company derivatives is beyond my scope of knowlege. I don't know what it mean for the future of the company. I know it didn't trade today and there was no bid or ask to be found anywhere, I need help with this stuff.
Can anyone explain the derivatives thing to us...
“CirTran experienced continued progress in improving our beverage sales, margins and gross profit during the first quarter,” said Iehab J. Hawatmeh, CirTran’s chairman, president and CEO. “Unfortunately,” he said, “a loss of $7,871,711 in derivatives held by the company was far more than could be overcome in our effort to have a positive bottom line.”
In my opinion its all good news...
The company shifted its focus to the manufacture and distribution of beverages. In addition, CirTran Beverage records products sales and costs on sales made directly to distributors and end customer, which sales provide a more favorable gross profit margin. \
47% Gross profit margin for beverage sales was great..It brought in 640,000.00 in profit dollars for 1.3 million in total sales...This is great News for us...
It's only >>> A Day A Way..... haha...
Next weeks 10q tells the story of 2011 Playboy Energy Drink sales!
Ok I agree .003 looks like the bottom short term from what you printed but I'm not that great at reading into level two because imo it can change on a dime most of the time and usually does. I'm hoping the 10Q is right on the Money showing Big Gains Over Seas.
I guess we may be headed back up soon???? This stock makes no sense to me...maybe the 10Q will shed some light on the situation. May 20 something from what I read from years past..
Nice Job Money! Btw we gapped down to the 200 day. I hope we start heading back up from here.
We ended the week on the 50 day..Let's see where we go from here..The drink was a big hit at the wedding from what I heard from my friends from the UK....Go Playboy Energy!
You bring up many good points mr flores. Maybe Moneyhungry can help us out here.
We can't blame the MM's today. Bid .0039 Ask .0040 lets see some volume guys. We are at the 50 day moving average of .0040!
At least we know they can make the payments if they choose too. So I guess it will go up as you say it would if the payments are made. Read the all the past filings for your answers to ther money questions. It's all in the filings..We need to look forward on this one. Beverage sales skyrockig in Europe!
We finish above the 50 day moving average. This is good.
Try some of these drinks while you wait to cash in later this year or next. Maybe even attend one of Playboy Enegy's Great Parties!.....http://www.playboyenergydrink.co.uk/drink_recipes.cfm#view
We should bounce off the 200 day moving average then go back up and form a new channal.
Interresting read..The market is assuming that recent growth rates will continue for the foreseeable future. After two weak years in 2008 and 2009, demand for energy drinks staged a vigorous rebound in 2010, and Hansen achieved low double-digit volume growth in the fourth quarter of 2010. Demand for energy drinks is cyclical due to the younger, lower-income core consumer, but the rebound in volume during the recovery suggests to us that energy drinks are here to stay, at least in the medium term. In fact, consumers are willing to pay a premium for functional beverages that are perceived to fulfill a need, and energy drinks sell at retail for almost 4 times the price of other carbonated soft drinks. However, the market appears to be assuming double-digit revenue growth for the next ten years
Happy Easter Everyone!
I guess we are gonna have to let it pullback and let the subpenny flippers in this one. Wow..I can't believe people won't buy the Energy Drink Story. It's so real too! We should have been over a penny by now. Wait till they wipe put that 21 million they have in debt this year! Hang in there everyone.
They sent me some a while back and I have to agree with you, it taste as good as red bull and better than most if not all others out there. Energy Drinks are like cellphones>>>they are here to stay and Playboy Energy may be the Best!
Hey Money>>> Great Find! Makro is the Costco of the UK and they also have lots of locations all around the World. Here is there site everyone ..check it out! http://www.makro.co.uk/servlet/PB/menu/1170512_l2/index.html
http://www.makro.co.uk/servlet/PB/menu/1005948_l2/index.html
http://www.makro.co.uk/servlet/PB/menu/-1_l2/index.html
The 10Q should move this up.
I think there goal short term goal is to just a get a foot in the door maybe 1% to 5% of this Giant Energy Drink Market. This would equal about 50 to 200 million cans sold this year. There long term goals are bigger Imo but unseating Red Bull is not in there goal right now but making money is.
Also comparing the name recognition of the playboy brand to some punch drunk prize fighter is ridiculous!
A total of 4,204 billion cans of Red Bull were sold worldwide in 2010. So that makes the 21 million dollars you are refering to peanuts if we can put a dent in the worldwide energy drink market.
I know what you mean. This filing is full of all kinds of Trap Doors and Rainbows.
This Company is finally getting on track. Playboy Energy may emerge as the Red Bull of the International World.
Wow! Beverage Distribution revenue increased to $7,712,492 for the year ended December 31, 2010, as compared to $1,784,028 for the year ended December 31, 2009. The increase continues to be driven by strong interest internationally for the Playboy branded energy drinks.
I think they made A 3 MILLION DOLLAR PROFIT ON THE DRINK IN 2010!
Why not? They buy Red Bull and Monster all day long from what I'm seeing in Florida. Actually they'll buy it more because the increased trips to the Gas Stations equals more spending in the Gas Station Marts.
Projected share price for circ.ob is imo the .05 range for the rest of 2011. Thats a 10 bagger from the .0055 we are sitting at now. LETS SEE SOME BUYING GUYS!