CirTran Corporation (CIRX)

[treeshaker]

What happen when the A/S reaches it's 'CAP' Cirtran can request for more authorize shares. A/S is a piggy bank for sub-penny and penny stocks. When they don't generate enough revenue to pay their bills and them-self. They bleed the shareholders with dilution of their shares by receiving more A/S and dumping them into the market. And if that does not work and the buyers start drying up, and the company can't dump many shares on the shareholders, next thing is a r/s or they file bankruptcy. Unless they can merge or find a buyer to buy out the company. The CEO doesn't seem to be that smart to do what is needed.

A r/s can wipe out many longs as myself. The outstanding shares now is 4 billions showing for now, but that will definitely be much, much more by next month. The company is paying their bills with shares. Mostly discounted converted shares. It's not looking good at all.

Cirtran is not selling any new PBED from fresh new production or manufacturing any new PBED and sell-releasing it into the market. This is very true. They're converting debt for discounted shares. They're paying their bills, debts using shares.