CirTran Corporation (CIRX)

[mike306oh]

Good news! This prove that the company is entering a new phase in it's history: (i) will own its own ISO certified 40K sq.ft faciity with the possibility for expansion; (ii) more than $30 million contracts, (iii) got out of the IRS problem, and most important (iv) the Asia arm of the company will ensure IMO good net income.

Just look at the names of companies CirTran is working. After the 10-K is out (hopefully this week), just sit back and enjoy the ride. I won't advice anyone to sell again (like the poor impatient folks at the EOD yesterday). This time I feel the ride will be long, and substantial.

Mike
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"During the first quarter-plus of 2005, CirTran has actively implemented many components of our overall plan for the future," he said. "This includes earning the prestigious ISO 9001:2000 certification at our Salt Lake facility, and winning more than $30 million contracts for work in Utah and for our CirTran-Asia subsidiary from major companies, including Lockheed Martin Corporation (NYSE:LMH), Flextronics (NASDAQ:FLEX), Nortel(TM) (NYSE:NT) and Linux Networx(TM), and included contracts to manufacture sold-on-TV consumer electronics products. "In addition," Mr. Hawatmeh said, "CirTran successfully negotiated a settlement with the IRS and converted $2.5 million debt-to-equity, significantly impacting the overall financial strength of the company and our shareholders' investment."