CirTran Corporation (CIRX)

[HamDxer]

Judge Pantle granted CirTran and its Play Beverages partners’ motion to compel Jimmy Esebag and United Licensing Group to respond to discovery requests and deposition questions, finding that Mr. Esebag and Playboy’s legal counsel engaged in obstructionist conduct by refusing to produce relevant evidence and testimony. Judge Pantel also reserved on awarding fees and sanctions against Mr. Esebag and Playboy for a later date.

Royalties
"... during this period where the contract is under dispute, no royalties shall be paid by any parties including defendants, ... Which is why there is a necessity to sever ourselves from other defendants and take this case to trial." Paraphrasing a Playboy complaint as to why they want this thing resolved. They are losing royalties.

I further discovered that Easebag and Redi Fze are required to pay royalties as part of their contracts in certain countries as a method of doing business in those countries. These defendents therefore are not required to pay royalties either to Cirtran,which is affecting their revenue.

All of this is why you see no royalties on the income statement or accruals on the balance sheet.