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Post# of 33397
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rut2k9

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rut2k9

Re: HarryOsbornJr post# 2881

Monday, 10/11/2010 12:43:22 PM

Monday, October 11, 2010 12:43:22 PM

Post# of 33397
Lies.
First, Cirtran owns less than 18% of its beverage distribution business. It has given the rest away to creditors and partners.

Second, they lose money on every can they sell!

From the last 10Q:

Beverage Distribution
Sales 2,015,672
Cost of sales 2,384,557
Royalties 599,476
Gross margin (968,361)


Note: they lose money before even paying royalties!
Loser. A total and complete loser.
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