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Re: speedracer post# 537

Monday, 05/02/2005 1:31:13 PM

Monday, May 02, 2005 1:31:13 PM

Post# of 33394
Speed,

Below is what they sold this year. This is not unusual at this stage, as it is the only way they can pay for their salaries. Better this way than borrowing more from Cornell. Once the net income improves, this should change.

Interesting is that Raed that used to be a Director, from his last transaction (he needed probably to buy some cigarettes, he, he) appears as an affiliated person.

Mike
---------------------------------------
Date Name Shares Stock Transaction
03/31/2005 RAED HAWATMEH
Affiliated Person 1,492 CIRT Proposed Sale (Form 144)
estimated proceeds of $50.73

02/10/2005 IEHAB J HAWATMEH
Officer and Director 200,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $7,020.00

02/09/2005 IEHAB J HAWATMEH
Officer and Director 2,000,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $78,000.00

02/03/2005 TREVOR M SALIBA
Director 2,000,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $82,000.00

01/04/2005 RAED HAWATMEH
Director 1,391,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $47,294.00

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