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T O P I C     R E V I E W
superman7  - posted
i just got in at .041

here is the news:

CIRT news!!! CirTran Announces $1 Million Investment by Private California Company

SALT LAKE CITY, May 30, 2006 (BUSINESS WIRE) -- CirTran Corp. (OTCBB: CIRT), a full-service contract manufacturer of IT, consumer and consumer electronics products, today announced that a $1 million investment in the company has been made by a private California company.
Iehab J. Hawatmeh, CirTran's founder and president, said that ANAHOP, an Anaheim, Calif.-based company headed by Albert Hagar, has contracted to purchase 14,285,715 shares of CirTran's restricted common stock for $.07 per share without any registration rights. The initial payment of $500,000 was made to CirTran on May 24, he said, with two additional payments of $250,000 each scheduled to be completed on or before June 2 and June 30, 2006, respectively.

In addition, Hawatmeh said that ANAHOP's principals will receive warrants to purchase additional shares of CirTran common stock, up to 15 million shares, at an exercise price of $0.15 per share, up to 5 million shares at $0.25 per share, and up to 10 million shares at an exercise price of $0.50 per share.

"CirTran's management team, board and employees in the U.S. and China welcome this investment by ANAHOP," Hawatmeh said. "It is rewarding and encouraging when knowledgeable business investors, including Albert Hagar, Fadi Nora and their ANAHOP team, show faith in the solid footing and growth potential of your organization."

Speaking for ANAHOP, Hagar said his investment group "believes in CirTran -- both in the short term and in the future.

"CirTran has a strong management team, a viable and exciting strategic plan in place and being executed, and growing business opportunities addressed by that plan in the U.S. and in Asia," said Hagar. "ANAHOP believes in and shares CirTran's excitement about the future, and looks forward to a strong return on this investment."
 
Repoman75  - posted
This is a good long term (a few weeks) pick. I am radaring.
 
superman7  - posted
thats cool repo....personally i dont hold any penny long term but good luck bro

i just want about 20-30% on this one and i am out
 
Repoman75  - posted
It's OTC... better than pinks. And private investment firms don't make investments unless they get 50 - 100% returns.
 
tgif  - posted
Seems to be a no-brainer.
 
tgif  - posted
Iehab J. Hawatmeh, CirTran's founder and president, said that ANAHOP, an Anaheim, Calif.-based company headed by Albert Hagar, has contracted to purchase 14,285,715 shares of CirTran's restricted common stock for $.07 per share without any registration rights. The initial payment of $500,000 was made to CirTran on May 24, he said, with two additional payments of $250,000 each scheduled to be completed on or before June 2 and June 30, 2006, respectively.

Starting to move up. Should go to .07 easily.
 
GhostRM  - posted
This is not a MOMO play, but a FANTASTIC long term.


CirTran Signs Exclusive Services Agreement with Diverse Talent Group, Adding 'Business and Business Success' to Its New Diverse Media Group
Thursday June 1, 9:15 am ET
Los Angeles-Based Subsidiaries Target Direct Response and Entertainment Industries


SALT LAKE CITY--(BUSINESS WIRE)--June 1, 2006--CirTran Corporation (OTCBB:CIRT - News) said today that it has closed an agreement to add "business and a record of business success" to its new media/marketing division, Diverse Media Group (DMG), which it formed earlier this year to provide end-to-end services to the direct response and entertainment industries.


Trevor M. Saliba, executive vice president of worldwide business development for CirTran and president of its new Diverse Media Group (DMG) subsidiary, said an exclusive services agreement was signed earlier this week with the Diverse Talent Group, Inc. (www.diversetalentgroup.com), a nationally-known talent and literary agency, and its founder and CEO Christopher Nassif.

The agreement covers a five-year period that commenced on April 1, when the companies began co-marketing and working together, and includes the assignment of all talent contacts and the first right of refusal on all new and existing business to DMG.

The Diverse Talent Group was established by Mr. Nassif following a series of acquisitions and roll-ups by his CNA & Associates, which he founded in 1981. A leading talent agency, it has represented all tiers of entertainment industry figures, including actors, writers, directors, producers and below-the-line-talent. Currently, Diverse Talent represents talent on leading primetime TV shows including Lost, 24, House, Bones, Wildfire, Prison Break, Deadwood, NCIS, Criminal Minds, Seventh Heaven, Charmed, One Tree Hill, and Las Vegas. In addition, such leading daytime shows as The Young and the Restless, General Hospital and Days of Our Lives and such recent feature films and soon to be released features; Dreamgirls, Welcome to America, The Flock and Transformers.

Mr. Nassif will continue to head Diverse Talent as it functions as part of DMG, and will also serve as a member to DMG's Board of Directors advising on strategic investments and acquisitions of key talent agents and agencies to grow and expand the Diverse Talent brand.

'Hitting the Ground Running'

"By working together over the last two months, we are hitting the ground running today," said Mr. Saliba. "And by joining forces with Diverse Talent, we are adding business and a record of business success to this new venture from its outset."

Mr. Saliba said that DMG believes it can meet its needs, and the needs of marketing-driven companies in the U.S. and overseas, by pairing talent and products to establish a recognizable and long-standing brand. "This formula has proven successful as Diverse Talent was instrumental in assisting CirTran recently with our new Real Deal Grill endorsed by former four-time heavyweight champion Evander Holyfield, who will serve as its TV infomercial spokesperson and is also represented by Diverse Talent."

"Talent and product together can create a powerful brand," he said. "Today's agreement is a giant step for DMG and CirTran in that direction."

Mr. Saliba said the roots of the Diverse Talent Group go to 1981, "with the agency growing under the dynamic and imaginative leadership of Christopher Nassif has grown into a professional staff in excess of 20 industry professionals as well as generating approximately $20 million gross revenues in 2005 for its clients with approximately $2,000,000 in commission income to the agency. Diverse Talent has been consistently recognized as one of the best talent and literary agencies since its inception by being named as one of the Top 15 agencies by the Los Angeles Business Journal."

He said CirTran's new Diverse organizations - media and talent - will provide an array of services, including product marketing, production, media financial services and product placement, to the entertainment and direct response industries. Both subsidiaries are based at 1875 Century Park East in the Century City Entertainment and Business District of Los Angeles.

'Culminating 25-Years of Success'

Mr. Nassif said that the joining of his organization with the publicly-held CirTran companies was "the culmination of 25 years of success."

"I am personally excited about joining forces with CirTran and its Diverse brand . . . a feeling shared by the staff and management of the agency as well," he said. Mr. Nassif said that future plans for Diverse Talent include the establishment of a full-service music division as well as product merchandise and direct response divisions."
 
Brent  - posted
needs some volume. only 45,000 so far
 
GhostRM  - posted
What's the share structure?
 
hbomb  - posted
Needs volume
 
hbomb  - posted
Jun 1, 2006 9:15:00 AM
Copyright Business Wire 2006
SALT LAKE CITY--(BUSINESS WIRE)--June 1, 2006--

CirTran Corporation (OTCBB:CIRT) said today that it has closed an agreement to add "business and a record of business success" to its new media/marketing division, Diverse Media Group (DMG), which it formed earlier this year to provide end-to-end services to the direct response and entertainment industries.

Trevor M. Saliba, executive vice president of worldwide business development for CirTran and president of its new Diverse Media Group (DMG) subsidiary, said an exclusive services agreement was signed earlier this week with the Diverse Talent Group, Inc. (www.diversetalentgroup.com), a nationally-known talent and literary agency, and its founder and CEO Christopher Nassif.

The agreement covers a five-year period that commenced on April 1, when the companies began co-marketing and working together, and includes the assignment of all talent contacts and the first right of refusal on all new and existing business to DMG.

The Diverse Talent Group was established by Mr. Nassif following a series of acquisitions and roll-ups by his CNA & Associates, which he founded in 1981. A leading talent agency, it has represented all tiers of entertainment industry figures, including actors, writers, directors, producers and below-the-line-talent. Currently, Diverse Talent represents talent on leading primetime TV shows including Lost, 24, House, Bones, Wildfire, Prison Break, Deadwood, NCIS, Criminal Minds, Seventh Heaven, Charmed, One Tree Hill, and Las Vegas. In addition, such leading daytime shows as The Young and the Restless, General Hospital and Days of Our Lives and such recent feature films and soon to be released features; Dreamgirls, Welcome to America, The Flock and Transformers.

Mr. Nassif will continue to head Diverse Talent as it functions as part of DMG, and will also serve as a member to DMG's Board of Directors advising on strategic investments and acquisitions of key talent agents and agencies to grow and expand the Diverse Talent brand.

'Hitting the Ground Running'

"By working together over the last two months, we are hitting the ground running today," said Mr. Saliba. "And by joining forces with Diverse Talent, we are adding business and a record of business success to this new venture from its outset."

Mr. Saliba said that DMG believes it can meet its needs, and the needs of marketing-driven companies in the U.S. and overseas, by pairing talent and products to establish a recognizable and long-standing brand. "This formula has proven successful as Diverse Talent was instrumental in assisting CirTran recently with our new Real Deal Grill endorsed by former four-time heavyweight champion Evander Holyfield, who will serve as its TV infomercial spokesperson and is also represented by Diverse Talent."

"Talent and product together can create a powerful brand," he said. "Today's agreement is a giant step for DMG and CirTran in that direction."

Mr. Saliba said the roots of the Diverse Talent Group go to 1981, "with the agency growing under the dynamic and imaginative leadership of Christopher Nassif has grown into a professional staff in excess of 20 industry professionals as well as generating approximately $20 million gross revenues in 2005 for its clients with approximately $2,000,000 in commission income to the agency. Diverse Talent has been consistently recognized as one of the best talent and literary agencies since its inception by being named as one of the Top 15 agencies by the Los Angeles Business Journal."

He said CirTran's new Diverse organizations - media and talent - will provide an array of services, including product marketing, production, media financial services and product placement, to the entertainment and direct response industries. Both subsidiaries are based at 1875 Century Park East in the Century City Entertainment and Business District of Los Angeles.

'Culminating 25-Years of Success'

Mr. Nassif said that the joining of his organization with the publicly-held CirTran companies was "the culmination of 25 years of success."

"I am personally excited about joining forces with CirTran and its Diverse brand . . . a feeling shared by the staff and management of the agency as well," he said. Mr. Nassif said that future plans for Diverse Talent include the establishment of a full-service music division as well as product merchandise and direct response divisions."

I thought these guys manufactured IT stuff???
 
crappybob  - posted
In * .0387, hoping for some green.
 
crappybob  - posted
The "crappybob" kiss of death strikes again. [Smile]
 
GhostRM  - posted
Haha, give it time bob! Stop looking for the holy grail in 1 day... give it time. Venture capitalists don't invest in startups unless they can gain at least 50%, and they are RARELY wrong.

I'm looking for .10 on this at least.
 
crappybob  - posted
Your right, I'm just on vacation this week so I get to watch my stocks like a hawk and that is not really a good thing. [Smile]
 
GhostRM  - posted
8-K out.. they issued more options valued at .045... so this is still undervalued.

http://biz.yahoo.com/e/060602/cirt.ob8-k.html
 
trade04  - posted
this stock has like 718 million shares OS now!
 
Repoman75  - posted
Long term, this is a great buy... I'm getting in shortly.

CirTran Receives Second Payment on $1 Million Private Investment, Sets Completion of Evander Holyfield 'Real Deal Grill' Infomercials for Next Week
Monday June 5, 9:28 am ET


SALT LAKE CITY--(BUSINESS WIRE)--June 5, 2006--CirTran Corporation (OTCBB:CIRT - News), a full-service contract manufacturer of IT, consumer and consumer electronics products, said today it has received the second payment in a recently-announced $1 million private investment in the company, and that filming of TV infomercials featuring former heavyweight champ Evander Holyfield will be completed next week.

CirTran President Iehab J. Hawatmeh said the second payment -- $250,000 -- of the $1 million invested in his company by ANAHOP, an Anaheim, California-based company headed by Albert Hagar, was received Friday as scheduled. CirTran announced last week that ANAHOP had contracted to purchase 14,285,715 shares of CirTran's restricted common stock for $.07 per share without any registration rights. The initial $500,000 payment was made May 24, and the final payment is due on or before June 30, 2006.

Mr. Hawatmeh also said filming of infomercials for The Real Deal Grill(TM) featuring four-time world heavyweight champion Evander Holyfield will be completed by June 17th. Originally set for mid-May, the filming had to be postponed due to a scheduling conflict. In April, CirTran signed a contract valued at $30 million with Harrington Business Development (HBD) of St. Petersburg, Florida, as the exclusive manufacturer of the Grill, and an agreement for Evander Holyfield to serve as its TV spokesperson.

"CirTran is now moving along full-speed ahead," Mr. Hawatmeh said. "With this private investment in place, the filming of the Real Deal Grill infomercials with Evander Holyfield scheduled to be completed next week, and the launch of our new Diverse Media and Diverse Talent groups in California, this is a very exciting time at CirTran."
 
imakmony2005  - posted
--------------------------------------------------------------------------------

Related Quotes
Sym. Price Chg.
CIRT Trade
News 0.0375 0.0001
CirTran Receives Second Payment on $1 Million Private Investment, Sets Completion of Evander Holyfield 'Real Deal Grill' Infomercials for Next Week

Jun 5, 2006 09:28:01 (ET)


SALT LAKE CITY, Jun 05, 2006 (BUSINESS WIRE) -- CirTran Corporation (CIRT, Trade ), a full-service contract manufacturer of IT, consumer and consumer electronics products, said today it has received the second payment in a recently-announced $1 million private investment in the company, and that filming of TV infomercials featuring former heavyweight champ Evander Holyfield will be completed next week.

CirTran President Iehab J. Hawatmeh said the second payment -- $250,000 -- of the $1 million invested in his company by ANAHOP, an Anaheim, California-based company headed by Albert Hagar, was received Friday as scheduled. CirTran announced last week that ANAHOP had contracted to purchase 14,285,715 shares of CirTran's restricted common stock for $.07 per share without any registration rights. The initial $500,000 payment was made May 24, and the final payment is due on or before June 30, 2006.

Mr. Hawatmeh also said filming of infomercials for The Real Deal Grill(TM) featuring four-time world heavyweight champion Evander Holyfield will be completed by June 17th. Originally set for mid-May, the filming had to be postponed due to a scheduling conflict. In April, CirTran signed a contract valued at $30 million with Harrington Business Development (HBD) of St. Petersburg, Florida, as the exclusive manufacturer of the Grill, and an agreement for Evander Holyfield to serve as its TV spokesperson.

"CirTran is now moving along full-speed ahead," Mr. Hawatmeh said. "With this private investment in place, the filming of the Real Deal Grill infomercials with Evander Holyfield scheduled to be completed next week, and the launch of our new Diverse Media and Diverse Talent groups in California, this is a very exciting time at CirTran."

About CirTran Corporation

Founded in 1993, CirTran Corporation (CIRT, Trade ), ( www.CirTran.com ) is a premier international full-service contract manufacturer. Headquartered in Salt Lake City, its ISO 9001:2000-certified, non-captive 40,000-square foot manufacturing facility is the largest in the Intermountain Region, providing "just-in-time" inventory management techniques designed to minimize an OEM's investment in component inventories, personnel and related facilities while reducing costs and ensuring speedy time-to-market. In 1998, CirTran acquired Racore Technology ( www.racore.com ), founded in 1983 and reorganized as Racore Technology Corporation in 1997. In 2004, it formed CirTran-Asia as a high-volume manufacturing arm and wholly-owned subsidiary with its principal office in ShenZhen, China. CirTran-Asia operates in three primary business segments: high-volume electronics, fitness equipment and household products manufacturing, focusing on the multi-billion dollar Direct Response Industry.

This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.

All trademarks are properties of their respective owners.

SOURCE: CirTran Corporation


CirTran Corporation
Trevor M. Saliba, 310-492-0400
trevor*cirtran.com
or
The Kaminer Group
David A. Kaminer, 914-684-1934
dkaminer*kamgrp.com
 
10of13  - posted
News out!!!
 
George  - posted
Press Release Source: CirTran Corporation


CirTran Acquires Assets of Advanced Beauty Solutions for $2.3 Million
Tuesday June 13, 9:27 am ET


SALT LAKE CITY--(BUSINESS WIRE)--June 13, 2006--CirTran Corporation (OTCBB:CIRT - News), a full-service contract manufacturer of IT, consumer and consumer electronics products, announced today that it has closed and received court approval of a transaction with Advanced Beauty Solutions, LLC (ABS) of Los Angeles, to purchase certain of ABS's assets for a total of $2,310,000.
ADVERTISEMENT


Iehab J. Hawatmeh, CirTran's founder and President, said an agreement was signed last week for CirTran to purchase virtually all of ABS's assets, including flat iron and hair dryer kits marketed and sold via TV infomercials. Mr. Hawatmeh said that on June 7, the U.S. Bankruptcy Court adjudicating the bankruptcy proceedings of ABS entered an order which approved the asset purchase, including the sale to CirTran of ABS's product inventory, intellectual property, customer lists, a 30-minute infomercial, and trade secrets.

In exchange for the assets it acquired, CirTran will pay ABS $1,125,000 in cash at closing, and will reduce its approved claim in the bankruptcy against ABS by $750,000. In addition, CirTran will pay the balance of the $2.3 million -- $435,000 in all -- to ABS as a guaranteed royalty over two years, based on royalty of $3 per True Ceramic Pro flat iron sold by CirTran.

Background with ABS

In January 2005, CirTran signed an exclusive manufacturing agreement with ABS, a California limited liability company, relating to the manufacture of a flat iron hair product, and in July 2005, CirTran signed another exclusive manufacturing agreement with ABS relating to the manufacture of a hair dryer kit. In early October 2005, CirTran was notified that ABS had defaulted on obligations to its financing company, and, following the notice of ABS's default, CirTran terminated both agreements. In January 2006, following efforts to resolve the situation, CirTran sued ABS, claiming breach of contract, interference with contractual relationships, unjust enrichment, and fraud, seeking damages from ABS.

Through October 2005, CirTran had shipped approximately $4,746,000 worth of flat iron product to ABS, for which it had received total payments of approximately $788,000. In November 2005, CirTran repossessed approximately $2,341,000 worth of the products from ABS in the U.S., as it was permitted to do pursuant to the agreement. Since November -- and until ABS filed for bankruptcy protection -- Mr. Hawatmeh said his company was pursuing its rights under the agreements, including offering flat iron product for sale directly to ABS's customers. In so doing, CirTran sold approximately $426,000 of product (not part of the repossessed inventory) directly to ABS's international customers, with all shipments paid in full. In January 2006, ABS filed a voluntary petition for protection under Chapter 11 of the U.S. Bankruptcy Code. The orders entered by the Bankruptcy Court last week, included approval of the sale of ABS's assets to CirTran as well as resolutions and settlements of other aspects of the ABS Bankruptcy.

Entering the Beauty Products Business

"ABS had been one of CirTran's largest customers, and the failure of its business was a major cause of our not showing an anticipated profit for the final quarter of fiscal 2005 or for the fiscal year," Mr. Hawatmeh said. "With this interruption in our business and business plan now history, CirTran is moving forward to market and sell products originally built for ABS through other sources, including our own sales organization, which hopefully will lead to manufacturing more of this traditionally-popular consumer line."

Mr. Hawatmeh said the acquisition of assets from ABS marked CirTran entrance into the multi-billion dollar worldwide beauty products industry, where ABS, prior to its failure, had generated a total of more than $30 million in revenue over the past five quarters.

"CirTran has the product, the ability to design and manufacture new product as needed, the customer lists and contacts, the infomercials, and now with our media and talent groups, the wherewithal to move the product directly to consumers," he said. "We believe that what started as adversity with the failure of ABS as a customer will result in a new and exciting profit center and opportunity for our company and its shareholders."

About CirTran Corporation

Founded in 1993, CirTran Corporation (OTCBB:CIRT - News), (www.CirTran.com) is a premier international full-service contract manufacturer. Headquartered in Salt Lake City, its ISO 9001:2000-certified, non-captive 40,000-square foot manufacturing facility is the largest in the Intermountain Region, providing "just-in-time" inventory management techniques designed to minimize an OEM's investment in component inventories, personnel and related facilities while reducing costs and ensuring speedy time-to-market. In 1998, CirTran acquired Racore Technology (www.racore.com), founded in 1983 and reorganized as Racore Technology Corporation in 1997. In 2004, it formed CirTran-Asia as a high-volume manufacturing arm and wholly-owned subsidiary with its principal office in ShenZhen, China. CirTran-Asia operates in three primary business segments: high-volume electronics, fitness equipment and household products manufacturing, focusing on the multi-billion dollar Direct Response Industry.

This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement.

All trademarks are properties of their respective owners.


Contact:
CirTran Corporation
Trevor M. Saliba, 310-492-0400
trevor*cirtran.com
or
The Kaminer Group
David A. Kaminer, 914-684-1934
dkaminer*kamgrp.com

--------------------------------------------------------------------------------
 
Repoman75  - posted
long term, great play
 
10of13  - posted
More news today....
 
letitrideboy  - posted
iiinteresting......to buy or not to buy this is the question
 
10of13  - posted
this is taking a small walk north today..
 



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