CirTran Corporation (CIRX)

[NASCOW]

U.S. Bankruptcy Court for the District of Utah vacated its bankruptcy, pretty much to take legal actions to protect the product license granted for its Playboy Energy Drink

The Bankruptcy Court’s ruling also reject the motion of the U.S. Trustee overseeing the bankruptcy case to convert the case to Chapter 7 or to have it dismissed. If converted, a trustee would have been appointed to liquidate Play Beverage’s business to repay creditors

If no PB , creditors would have converted the case to Chapter 7 ?

bankrupt & no bid?