CirTran Corporation (CIRX)

[mike306oh]

***Re: CIRT insiders selling demystified.

Let's see:

06/07/2005 SHAHER HAWATMEH
Chief Operating Officer 1,421,560 CIRT Proposed Sale (Form 144)
estimated proceeds of $52,597.72

05/25/2005 IEHAB J HAWATMEH
Officer and Director 1,000,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $40,000.00

05/10/2005 IEHAB J HAWATMEH
Officer and Director 1,000,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $38,000.00

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

06/17/2004 IEHAB J HAWATMEH
Officer and Director 1,000,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $56,000.00

06/01/2004 TREVOR M SALIBA
Director 750,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $41,250.00

05/21/2004 RAED HAWATMEH
Director 3,039,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $194,496.00

04/29/2004 SHAHER HAWATMEH
Chief Operating Officer 3,100,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $244,900.00

04/12/2004 IEHAB J HAWATMEH
Officer and Director 450,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $29,250.00

03/30/2004 RAED HAWATMEH
Director 851,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $61,272.00

03/15/2004 IEHAB J HAWATMEH
Officer and Director 300,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $19,200.00

03/11/2004 TREVOR M SALIBA
Director 750,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $36,750.00

03/03/2004 RAED HAWATMEH
Director 665,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $19,285.00

02/12/2004 IEHAB J HAWATMEH
Officer and Director 1,600,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $43,200.00

12/29/2003 TREVOR M SALIBA
Director 1,000,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $16,300.00

12/03/2003 IEHAB J HAWATMEH
Officer and Director 1,400,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $30,800.00
............................
............................

I went to 2001, and found NO evidence of any insiders selling.

Take as an example the CEO:

It turns out that 46,415,600 shares he had as of: 02/07/2002 is the same as the # of shares he has now. The value only changed:

$1,856,624.00 on 06/17/2005
$1,624,546.00 now

Let's see the CEO's Transactions since 1999:

05/25/2005 1,000,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $40,000.00

05/10/2005 1,000,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $38,000.00

02/10/2005 200,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $7,020.00

02/09/2005 2,000,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $78,000.00

06/17/2004 1,000,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $56,000.00

04/12/2004 450,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $29,250.00

03/15/2004 300,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $19,200.00

02/12/2004 1,600,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $43,200.00

12/03/2003 1,400,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $30,800.00

08/22/2003 1,730,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $19,030.00

07/16/2003 670,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $10,050.00

06/11/2003 100,000 CIRT Proposed Sale (Form 144)
estimated proceeds of $3,400.00

05/22/2003 219,199 CIRT Proposed Sale (Form 144)
estimated proceeds of $6,575.97

03/24/2003 644,124 CIRT Proposed Sale (Form 144)
estimated proceeds of $18,679.59

01/30/2003 439,970 CIRT Proposed Sale (Form 144)
estimated proceeds of $14,519.10

02/07/2002 15,333,300 CIRT Open Market Purchase
Cost $613,332.00

01/18/2001 52,500 Proposed Sale (Form 144)
estimated proceeds of $32,812.50

10/12/1999 250,000 Proposed Sale (Form 144)
estimated proceeds of $1,687,500.00

I see NO sells. He bought 15,333,300 shares on Open Market Purchase at a $613,332.00 (or 0.04/share), on 02/07/02, but NEVER sold any shares.

I never realy look very carefuly at these transactions, and always relying on (and trusting) the posters talking about the tons of shares the insiders sold. I took the time to check it out more closely, and it turns out people (including the stock fund manager I was addressing my previous post to) have no idea what Form 144 means.

For your info:

http://www.investopedia.com/terms/f/form144.asp

The time frame under which the shares can be sold (if I recall) is of only 2 monnth, after which the insider has to fill another Form 144. This explains why so many Form 144 were filled. From what I see, the insiders never sold any share at least since 2001 for which I did my digging (in which case they would have had to fill Form 4).

So, dear fellow investors, once the Insiders Selling Myth is now demystified, I strongly believe the PPS will start moving up soon, and with the explosion in revenue and China connection (see the Calbot Report), once it does this should be, IMO the envy of the peny stocks.

Mike