Enchanted World Inc. (ENCW)

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CirTran Beverage manufactures, markets, and distributes Playboy-licensed energy drinks, which in the future is anticipated to include flavored water beverages, and related merchandise. We have also entered into an agreement with PlayBev, a related party who holds the Playboy license. We provide development and promotional services to PlayBev, and pay a royalty based on our product sales and manufacturing costs. Services billed to PlayBev during the three months ended March 31, 2008 under this arrangement accounted for 24 percent of total sales. We also sold a limited amount of energy drink beverages during this same period, which amounted to three percent of total s