CirTran Corporation (CIRX)

[MFlores]

LOL " ... running leaner and more efficiently with better bottom line outcome." CIRC had losses from operations of ($1,015,316) in 2013 as compared to losses from operations in 2012 of ($375,813). The operations are not more efficient - the cost of sales dollars and percent increased in 2013. That is not a sign of being more efficient. Only because of the settlement of debt was CIRC able to report any net income. Less debt is good but is not a sign of the business operations being more efficient. Less sales and more costs in 2013 than 2012. Not a good sign.