Wednesday, November 24, 2010

CIRC OTCBB Stock News: CirTrans Third Quarter Marked by Sharp Cuts in Losses

CirTrans Third Quarter Marked by Sharp Cuts in Losses: "Nov. 24, 2010 (Business Wire) -- CirTran Corporation (OTCBB: CIRC), an international contract manufacturer of consumer, consumer electronic, and IT products and energy beverages, has filed its Quarterly Report on Form 10-Q for the period ended September 30, 2010, showing sharp cuts in losses and continued increased activity and sales in the global energy drink marketplace.

For the quarter, CirTran had a loss of $122,703, a 90% reduction from a loss of $1,208,140 for the same period in 2009. For the nine months ended September 30, 2010, CirTran had a loss of $702,925, a 74% reduction from a loss of $2,749,516 for the same period in 2009. Sales for the three-month period ended September 30, 2010, dropped slightly to $2,263,661 from $2,690,941 for the same period in 2009, while sales for the nine months ended September 30, 2010, were $9,455,775 up from $7,712,530 for the same period in 2009.

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