CirTran Corporation (CIRX)

[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.