Replies to post #28483 on CirTran Corporation (CIRX)

[Sparklefarkle]

What is really impressive is that Net Income for the period ending Sept, 2013 was $1,070,000 and for the 12 months Ending Dec,2013, Net Income was $1,587,000. That means Net income for Q4 was $517,000, huge.

We also know that in the $1,070,000 was a Balance sheet Adjustment for Royalty Expense liability, that hit the income statement positively, simply a paper transaction.

If the the $517,000 is pure profit margin via higher prices or lower costs, it should raise some eyebrows in the financial community. That is really good news.

[feel-free]

It's funny how they wouldn't want to show income all these years and suddenly they generated positive numbers with less income!!!