Replies to post #30923 on CirTran Corporation (CIRX)

[MFlores]

Shares are not being sold to pay for salaries. If so, Mr. Iehab would have to report that he has sold shares, which he hasn't. Shares are being sold to pay bills.

The price of the RS will not matter because Playboy will demonstrate that Playbev failed to meet the terms of the trademark contract and Playbev will be left with ZERO business operations. At that time the stock price will go to zero. So the R/S really does not matter.

[investorman85]

Incorrect...they are re evaluating the stock as soon as the RS takes place or before hamd to assess the "new price". According to the proxy the new price is .001 AFTER the RS...if it was now it would be .20...how is that the same?

[investorman85]

So let me get this straight...1000:1 RS AND 100,000,000 for value of .001...

I was right! You losing your shirt dude!


The Board of Directors recommends votes “FOR” the following proposals, each of which has been proposed by the Board of Directors:

1. To approve a proposed amendment to the Company’s Articles of Incorporation to recapitalize the Company by reverse-splitting the outstanding common stock 1,000-to-one:

FOR AGAINST ABSTAIN
[ ] [ ] [ ]

2. To approve a proposed amendment to the Company’s Articles of Incorporation to recapitalize the Company by reducing the authorized common stock to 100,000,000 shares, par value $0.001: