Replies to post #32709 on CirTran Corporation (CIRX)

[MFlores]

I am sure he has because he already stated that the license was terminated.

Cirtran’s 2013 10K states:
“Playbev reached a settlement with Playboy that would have provided for a new license conditioned on bankruptcy court approval of PlaybBev’s reorganization plan, PlayBev’s payment of $2.0 million to Playboy, and other provisions, but PlayBev was unable to obtain the funding needed to pay Playboy the initial amount or otherwise implement the reorganization plan, so that plan was abandoned and the settlement agreement and the new Playboy license did not become effective.”

Operationally, no chance Mr. Iehab can operate Circ profitability. He never has. So what is going to change now?

Losses
2016 ?
2015 ?
2014 ?
2013 $(1,015,316)
2012 (1,787,643)
2011 (7,043,410)
2010 (2,972,488)
2009 (4,342,761)
2008 (4,205,916)
2007 (4,801,900)
2006 (2,667,164)
2005 (527,708)
2004 (1,876,333)
2003 $(2,523,665)

[12yearplan]

Clearly Cirtran could change the can and brand such as hooters or tilted kilt and continue his enterprise. Or even fashion designers or Olympic or Nike Energy Drink. If I know Iehab he has already thought of this.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=91313429
name changes for CIRC$
;)