posted
I have to agree about CIRT. The fact that multiple government agencies use their cards because of their high level of security makes CIRT a brand that should not be trading at penny levels for too much longer. Credibility is there for this company...you can't get more credible than selling to the Navy and government intelligence. Just load up and wait for the orders. There's PR about new orders every week. Anyone with some DD to show that this is a bad buy?
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I've had my eye on this for about 1 month and see the positive base building and the potential for a good revenues this year.
Also, good to see you back. I like to share DD and perspective, and am always pleased when others say they gain better insight from something I posted. I have 20+ years investing here, but I truly learn from many here as well.
However, without fail, yours were the posts I read more than anyone else's, for fantastic perspective and "on the money" insight.
Welcome back, and stick around a while. Bo
[This message has been edited by Bo14172 (edited May 12, 2004).]
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Bo, thanks for the the awesome complement. I am just a student of investing and love the few communities on the web that stick together like this one does. I will def be 'more' around. I have been following CIRT since January and got in at .021 and holding long. Just realized that I couldn't find much discussion on CIRT here and I think that there is some sweet potential. I will be hanging out on this CIRT thread for a while I think so lets hit this with all the dd and discussion we can.
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I have been watching this one and there seems to be selling pressure. Is the company selling shares right now? I like th ecompany but cn't stand to watch prices deteriorate further after I buy. I would like to time my buy to coincide with their last sale. DD-IMO-GLTA-Debi
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quote:Originally posted by WWJD-thru-me: I have been watching this one and there seems to be selling pressure. Is the company selling shares right now? I like th ecompany but cn't stand to watch prices deteriorate further after I buy. I would like to time my buy to coincide with their last sale. DD-IMO-GLTA-Debi
Debi, I'm not sure if they are dumping shares but that is an excellent question. I will have to read up on their 8-ks this week. For now, from a TA pov, I think the PPS of this stock is just following the nice price channel that it has been following since early march. I like the candle pattern of the past few days and expect it to move up again. The company has caught the attention of the CIA and USNSS which should keep driving this stock for a while. When should we get in? RSI is under 50 and it may go down more but it probably won't stay there for long. We shall see.
Increased Sales for CirTran From the Residential Pool/Spa Industry; Summer Season's Demand Contributed to Record Sales Backlog via COMTEX
May 13, 2004
SALT LAKE CITY, UT, May. 13, 2004 (MARKET WIRE via COMTEX) --
CirTran Corp. (OTC BB: CIRT), a full-service contract electronics manufacturer of printed circuit board assemblies, cables and harnesses, today announced that additional orders have been received to manufacture new circuit board assemblies for two leading companies in the residential pool and spa industry. The company's existing clients are leading manufacturers of residential Spa/Jacuzzi and Steam systems. They sell their products to consumers nationwide. According to the National Spa and Pool Institute, the U.S. pool, spa and hot tub industry contributed more than $20 Billion and 300,000 jobs to the American economy in 2001.
Trevor M. Saliba, Senior Vice President of Worldwide Business Development of CirTran Corporation, commented, 'We are very excited about these new purchase orders. As part of our marketing strategy in this industry, we look for relationships that allow us to manufacture products that are used by the consuming public. This recent contract win increases our already significant market share in this lucrative industry.'
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Today should be another good day. Either we explode or another consecutive day of small positive pps growth. It all depends on the volume. The charts still look sweet. MACD rounding 0 and Stokes pushing 60. Positive money flow. All set up for a nice day and/or rest of week. http://stockcharts.com/def/servlet/SC.w...,9]&pref=G
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posted
I have been in this one for a couple of months. CIRT should be trading way over current levels, but news and additional product orders from multiple sources do not seem to be getting it anywhere.
My feeling is that this is a sleeper that will take off soon.
If you get in this one just be prepared to become frustrated at the dismal move on very positive news. Management seems disgruntled over the stocks price in light of all the recent orders.
The current market cap for CIRT is about $23,700,000 with o/s at 395,000,000. This may look somewhat high but if you consider what they do, and the contracts they have it looks pretty good.
posted
DJHarrell, funny you mention the movement. When this was sitting at .02 news would come out, just like recent news, and it would just sit, go up a few cents go down a few cents. Then, like a sleeping giant, it exploded to .08s and back to it's current levels and it seems to be back in it's sleeper mode. The great thing is that we KEEP getting positive PR's which should eventually cause enough pressure to wake her up again. I'm in pretty low so I can stomach the ups and downs without much pain. But, in the least, long term this stock will do well.
FS
[This message has been edited by Fallstaff (edited May 14, 2004).]
CirTran's Wholly Owned Subsidiary Racore Participates in Microsoft's Partnership Program; CirTran's Products Gain More Recognition by Microsoft Selling Partners SALT LAKE CITY, UT, May. 18, 2004 (MARKET WIRE via COMTEX) -- CirTran Corp. (OTC BB: CIRT), a full-service contract electronics manufacturer of printed circuit board assemblies, cables and harnesses, today announced that its wholly owned subsidiary Racore Technology has participated in Microsoft's Partnership Program. This program represents Microsoft's new concept in partner relationships, it offers a single, integrated partnering framework that recognizes partners' expertise and technology, rewards them for the total impact they have in the technology marketplace, and delivers more value to help participants be successful. It will also give Racore the ability to work towards being certified by Microsoft, so that they can be recommended to other Microsoft selling partners to provide network hardware for their customers (www.microsoft.com). Racore Technology Corporation designs, develops, manufactures, and markets high performance Local Area Network products with emphasis on Fiber Optics, Token-Ring and 10/100 Ethernet technologies. Racore's products have been evaluated and approved by many government agencies and has met all specifications and approvals for future use. Over the past fifteen years, Racore has developed extensive technology to provide high performance fiber connectivity solutions linking LAN backbones to the desktop.
Trevor M. Saliba, Senior Vice President Worldwide Business Development of CirTran Corporation, commented, "We are proud to be part of this prestigious program. As a result, we anticipate more recognition through Microsoft and their selling partners for Racore's technology and products. As with the customers we are dealing with in the private sector, we continue to differentiate ourselves by designing solutions for our customers and meeting their fast turn-around, yield and cost requirements."
About Racore Technology Corporation
Founded in 1983, Racore Technology designs, develops, manufactures, and markets high performance Local Area Network products with emphasis on Fiber Optics, Token-Ring and 10/100 Ethernet technologies. Over the past fifteen years, Racore has developed extensive technology to provide high performance copper and fiber connectivity solutions linking LAN backbones to the desktop. For further information about Racore, please visit the Company's website located at www.racore.com.
About CirTran Corporation
Founded in 1993, CirTran Corporation (OTC BB: CIRT) has established itself as a premier full-service contract electronics manufacturer by building printed circuit board assemblies, cables, and harnesses to the most exacting specifications. CirTran is headquartered in Salt Lake City, Utah with a state-of-the-art 40,000 sq. ft. facility. CirTran also provides "just-in-time" inventory management techniques that minimize the OEM's investment in component inventories, personnel and, related facilities, thereby reducing costs and ensuring speedy time-to-market. For further information about CirTran, please visit the Company's website located at www.cirtran.com.
Safe Harbor Statement
Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995 and may contain forward-looking statements, with words such as "anticipate," "believe," "expect," "future," "may," "will," "should," "plan," "projected," "intend," and similar expressions to identify forward-looking statements. These statements are based on the company's beliefs and the assumptions it made using information currently available to it. Because these statements reflect the company's current views concerning future events, these statements involve risks, uncertainties and assumptions. The actual results could differ materially from the results discussed in the forward-looking statements. In any event, undue reliance should not be placed on any forward-looking statements, which apply only as of the date of this press release. Accordingly, reference should be made to the company's periodic filings with the Securities and Exchange Commission.
CONTACT: Trevor M. Saliba Company: CirTran Corporation Voice: 818-788-2033 URL: http://www.cirtran.com Ronald L. Garner, Communications Director Company: Equitilink, LLC Voice: 877-788-1940 URL: http://www.equitilinkpr.com SOURCE: CirTran Corporation
posted
Some more good news. This quarterly should be very positive. CIRT has been more than open on it's gains in revenues.
CirTran Corporation Advises Delay Status of Quarterly Report via COMTEX
May 18, 2004
SALT LAKE CITY, UT, May. 18, 2004 (MARKET WIRE via COMTEX) --
CirTran Corp. (OTC BB: CIRT), confirmed today that despite delays in the final reviewing process, the company's Quarterly Report is still on schedule for release before weeks end. CirTran has notified the SEC of its late filing status, and apologizes for any temporary inconvenience to shareholders. The 10-Q for the period ending March 30, 2004 filing will be available soon at www.sec.gov.
'The auditors review process requires no less than ten individuals acknowledge any changes to the filing, however insignificant those changes may be,'explained Mr. Hawatmeh. 'This corporate approval process has resulted in a minor delay only. We are checking the accuracy of the filing to help eliminate the possibility of having to later file an amended report,'he continued.
About CirTran Corporation
Founded in 1993, CirTran Corporation (OTC BB: CIRT) has established itself as a premier full-service contract electronics manufacturer by building printed circuit board assemblies, cables, and harnesses to the most exacting specifications. CirTran is headquartered in Salt Lake City, Utah with a state-of-the-art 40,000 sq. ft. facility. CirTran also provides 'just-in-time'inventory management techniques that minimize the OEM's investment in component inventories, personnel and, related facilities, thereby reducing costs and ensuring speedy time-to-market. For further information about CirTran, please visit the Company's website located at www.cirtran.com.
Safe Harbor Statement
Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995 and may contain forward-looking statements, with words such as 'anticipate,''believe,''expect,' 'future,''may,''will,''should,''plan,''projected,''intend,'and similar expressions to identify forward-looking statements. These statements are based on the company's beliefs and the assumptions it made using information currently available to it. Because these statements reflect the company's current views concerning future events, these statements involve risks, uncertainties and assumptions. The actual results could differ materially from the results discussed in the forward-looking statements. In any event, undue reliance should not be placed on any forward-looking statements, which apply only as of the date of this press release. Accordingly, reference should be made to the company's periodic filings with the Securities and Exchange Commission.
CirTran Receives Second Order for United States Navy Security Services for May 2004 3:03 p.m. 05/18/2004 Provided By Market Wire
SALT LAKE CITY, UT, May. 18, 2004 (MARKET WIRE via COMTEX) -- CirTran Corp. (CIRT), a full-service contract electronics manufacturer of printed circuit board assemblies, cables and harnesses, today announced that it has received a second order for its OptiCORE 100FX Fiber Optic M8192 Network Adaptor Card for the month of May 2004. The order was placed by Branamar Corp, a Texas based Business to Government (B2G) firm. The order was placed through CirTran's wholly owned subsidiary, Racore Technology Corporation. The additional cards will be used for the United States Navy Security Group Activity in San Diego, California. The Navy has tested and approved the product last October. As a follow up to CirTran's May 10, 2004 Press Release announcing the initial order, as expected, this new order was received in less than two weeks. Racore is projecting continued re-orders from the United States Navy and multiple other Government Agencies.
Trevor M. Saliba, Senior Vice President of Worldwide Business Development commented, "We are excited about the continued interest in Racore's Local Area Network (LAN) products from multiple government agencies and Fortune 500 companies. More importantly we are proud of the continued repeat business. This contract represents another United States Government Agency continuing to utilize the advanced technology and high security of Racore's products, which are manufactured by its parent company, CirTran Corp."
About Racore Technology Corporation
Racore was founded in 1983 and reorganized as Racore Technology Corporation in 1997. As a pioneer in the LAN arena in the 1980s, Racore helped define Token-Ring as a member of the IEEE 802.5/802.2 committees. The company was one of the first to deliver Token Ring adapters conforming to this new standard, while offering significantly better performance and more economical prices than IBM or other suppliers of compatible products. Today, Racore Technology designs, develops, manufactures, and markets high performance Local Area Network products with emphasis on Fiber Optics, Token-Ring and 10/100 Ethernet technologies. Over the past fifteen years, Racore has developed extensive technology to provide high performance copper and fiber connectivity solutions linking LAN backbones to the desktop. For more information, please visit the company's website at www.racore.com .
About CirTran Corporation
Founded in 1993, CirTran Corporation (CIRT) has established itself as a premier full-service contract electronics manufacturer by building printed circuit board assemblies, cables, and harnesses to the most exacting specifications. CirTran is headquartered in Salt Lake City, Utah with a state-of-the-art 40,000 sq. ft. facility. CirTran also provides "just-in-time" inventory management techniques that minimize the OEM's investment in component inventories, personnel and, related facilities, thereby reducing costs and ensuring speedy time-to-market. For further information about CirTran, please visit the Company's website located at www.cirtran.com .
Safe Harbor Statement
Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995 and may contain forward-looking statements, with words such as "anticipate," "believe," "expect," "future," "may," "will," "should," "plan," "projected," "intend," and similar expressions to identify forward-looking statements. These statements are based on the company's beliefs and the assumptions it made using information currently available to it. Because these statements reflect the company's current views concerning future events, these statements involve risks, uncertainties and assumptions. The actual results could differ materially from the results discussed in the forward-looking statements. In any event, undue reliance should not be placed on any forward-looking statements, which apply only as of the date of this press release. Accordingly, reference should be made to the company's periodic filings with the Securities and Exchange Commission.
CirTran Recieves Approval From Conocophillips Corporation; Product Was Approved by the Largest Refiner in United States via COMTEX
May 24, 2004
SALT LAKE CITY, UT, May. 24, 2004 (MARKET WIRE via COMTEX) --
CirTran Corp. (OTC BB: CIRT), a full-service contract electronics manufacturer of printed circuit board assemblies, cables and harnesses, today announced that its wholly-owned subsidiary, Racore Technology Corp. has received final product approval from ConocoPhillips Corp. for its Fiber Optic M8190 Network Adaptor Card. Pursuant to the company's April 26, 2004 press release, the unit was shipped to their Los Angeles Refinery in Wilmington, California. The Racore Network Adaptor Cards, which are 'Turn-Key'manufactured by CirTran Corp., are considered to be leading edge network cards providing the highest security for the end user. With this new approval, it is anticipated that ConocoPhillips will begin implanting the upgrade of their current network. Multiple United States government agencies including the CIA, FBI, Armed Forces, United States Treasury Department and now the refining market benefit from the use of Racore's Products. ConocoPhillips is an international, integrated energy company. It is the third largest integrated energy company in the United States, based on market capitalization, oil and gas proved reserves and production; and the largest refiner in the United States. Worldwide, of non-government controlled companies, ConocoPhillips has the eighth largest total of proved reserves and is the fourth largest refiner in the world. For more information, please visit www.conocophillips.com.
Trevor M. Saliba, Senior Vice President of Worldwide Business Development of CirTran Corporation, commented, 'We are very excited about this new approval and project win. Racore's products are being received with high regard and more importantly repeat business. We are proud to know that CirTran manufactured products are being continuously purchased by multiple United States government agencies and fortune 500 companies.'
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CirTran Receives $1,640,000 Purchase Order 6/7/2004 9:43:00 AM June Orders Expected to Triple 2003 Annual Revenues
SALT LAKE CITY, UT, Jun. 07, 2004 (MARKET WIRE via COMTEX) -- CirTran Corp. ( CIRT ), a full-service contract electronics manufacturer of printed circuit board assemblies, cables and harnesses, today announced it has received an initial purchase order for $1,640,000 through its newly formed, wholly-owned subsidiary, CirTran-Asia, Inc. To date, CirTran Corp. has received payment for and shipped approximately $225,000 worth of product against this purchase order. Pursuant to the terms of the shipment schedule provided by the end client, the company anticipates shipping a minimum of $200,000 worth of product each week with, all payments made to CirTran prior to shipping.
CirTran's management team remains highly optimistic with regard to the company's future based on sales growth this year. The recent and continuing growth in purchase orders is part of a series of steps management has initiated in order to help propel the company towards strong, positive cash flow.
Trevor M. Saliba, Executive Vice President of Worldwide Business Development of CirTran Corporation, commented, "We are very excited to announce the immediate success of our new subsidiary, CirTran-Asia and its first contract win. This order is actually Phase I of an equal, two-part order. We are anticipating the Phase II order to be received before the month's end. This will total approximately $3,300,000 in new orders for CirTran-Asia's first 30 days in operation. This translates, with this order alone, to an almost 200% increased compared with the company's total overall revenues for 2003."
The company is currently in the process of establishing a dedicated satellite office in Asia and is interviewing seasoned executives with the needed expertise to continue to build this division. The company recently announced the CirTran-Asia, Inc. division will pursue manufacturing relationships beyond printed circuit board assemblies, cables, harnesses and injection molding systems and look for complete "box-build" or "turn-key" relationships in the electronics, retail and direct consumer product markets.
About CirTran Corporation
Founded in 1993, CirTran Corporation ( CIRT ) has established itself as a premier full-service contract electronics manufacturer by building printed circuit board assemblies, cables, and harnesses to the most exacting specifications. CirTran is headquartered in Salt Lake City, Utah with a state-of-the-art 40,000 sq. ft. facility. CirTran also provides "just-in-time" inventory management techniques that minimize the OEM's investment in component inventories, personnel and, related facilities, thereby reducing costs and ensuring speedy time-to-market. For further information about CirTran, please visit the Company's website located at www.cirtran.com.
Safe Harbor Statement
Certain statements made herein that are not historical are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995 and may contain forward-looking statements, with words such as "anticipate," "believe," "expect," "future," "may," "will," "should," "plan," "projected," "intend," and similar expressions to identify forward-looking statements. These statements are based on the company's beliefs and the assumptions it made using information currently available to it. Because these statements reflect the company's current views concerning future events, these statements involve risks, uncertainties and assumptions. The actual results could differ materially from the results discussed in the forward-looking statements. In any event, undue reliance should not be placed on any forward-looking statements, which apply only as of the date of this press release. Accordingly, reference should be made to the company's periodic filings with the Securities and Exchange Commission.
Contact: Trevor M. Saliba Company: CirTran Corporation Voice: 818-788-2033 URL: http://www.cirtran.com Ronald L. Garner, Communications Director Company: Equitilink, LLC Voice: 877-788-1940 URL: http://www.equitilinkpr.com
posted
trying to figure out why this one hasnt gone yet it seems like people are lining up to sign contracts with them o/s is ok maybe just not sexy enough for a penny stock ? anyone have a good reason to sell let me know thanks
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