CirTran Corporation

Company and structure

Parent company: CirTran Corporation.
Subsidiaries: LBC Products, Inc. (wholly owned), CirTran Products Corp., and CirTran - Asia, Inc.
Global footprint: operations in more than 50 international markets.
Headquarters/facility: subleases a 2,500-square-foot office/showroom/warehouse in Las Vegas, NV from GloBrands.

Diversified manufacturing, marketing, distribution, and technology services for consumer products, including tobacco products, medical devices, and beverages.
Focus on branded product development and commercialization with emphasis on licensing and contract manufacturing.

Began Hustler-branded product development and commercialization in 2020 for products such as condoms, electronic cigarettes/cigars, cigars, hookahs/hookah tobacco, energy drinks, water beverages, and related merchandise.
Distribution and manufacturing are operated through LBC Products, Inc. under a December 30, 2019 Exclusive Manufacturing and Distribution Agreement with GloBrands, LLC (an unaffiliated licensee to market Hustler-branded products).
The Flynt/HUSTLER® corporate ecosystem (Hustler clubs, Hustler Hollywood stores, Hustler Casino, etc.) provides brand approvals and licenses; GloBrands’ use of the Hustler brand is subordinate to Flynt/HUSTLER licenses.
Distribution channels include outlets operated by the Deja Vu organization (approximately 200 clubs and related stores in major markets worldwide).

Exclusive rights: CirTran, via LBC, has exclusive rights to manufacture, distribute, and sell specified Hustler-branded products, with authority to engage distribution participants and collect product payments.
Financial terms: CirTran retains proceeds equal to 120% of cost of goods sold (COGS) plus 10% of gross sales of covered products.
Media cost recovery: GloBrands reimburses CirTran 105% of certain media placement expenses.
Brand license status: CirTran holds a limited license to use the Hustler brand name solely to fulfill obligations under the Exclusive Manufacturing and Distribution Agreement.
Licenses covered: three separate licenses with Hustler covering product groups including condoms, energy drinks and waters, and natural leaf small cigars and premium cigars; electronic cigarettes/cigars, hookahs, and hookah tobacco are included under the same or related license framework.
Renewal and termination: each license is automatically renewable for an additional five-year term, subject to adjustments for guaranteed payments. Flynt/HUSTLER may terminate a license for material defaults not cured within specified periods (60 days after notice, or 10 days for nonpayment). CirTran does not receive a copy of default notices.
Royalty flow: CirTran transmits royalty payments on GloBrands’ behalf directly to the Flynt/HUSTLER organization.

Contract marketing and "Concept to Consumer" approach: identify needs, design or modify products, brand, arrange third-party manufacturing, distribute, and fulfill orders—often under license or with endorsements.
Turn-key and outsourcing emphasis: shift manufacturing responsibilities to contract manufacturers to limit capital tied up in inventory and facilities while retaining core capabilities in design, branding, logistics, and marketing.
Offshore manufacturing and scale: use Asian suppliers and offshore manufacturing to expand capacity; prior beverage manufacturing expansion included facilities in Hungary, the Netherlands, South Africa, and India.
Market and partner strategy: pursue long-term relationships with OEMs, distributors, and national retailers; explore reciprocal marketing and distribution partnerships where each party can act as the other’s manufacturing arm.

Hustler-branded products across multiple categories: tobacco, adult lifestyle, beverages, and related merchandise.
Distribution through Hustler-related venues and affiliates (such as Deja Vu), and various retail channels including mass retail, drug stores, supermarkets, club stores, direct response, pharmacies, casinos/nightclubs, convenience stores, and online.
Geographic reach includes Central America, Thailand, Vietnam, China, and other Asian markets, with ongoing efforts to expand manufacturing capacity globally.

Regulatory scope includes FDA considerations (for example, FDA 510(k) for condoms/medical devices) and tobacco product licensing and permits.
Import licenses, interstate shipping licenses, registrations, reporting, and excise taxes related to tobacco products are the company’s responsibility; local distributors handle international sales permits.
The company reports substantial compliance with applicable regulations and outlines material regulatory obligations for third-party manufacturers and distributors.

Hustler brand licensing arrangements are tied to the Flynt/HUSTLER® organization and require brand approvals for materials and labeling.
Historical note: the company previously distributed a Playboy-branded energy drink (now discontinued).

Competition is centered on manufacturing technology, quality, service, and pricing.
Reliance on licensed, well-known brands introduces brand-control and royalty dependencies.
The company acknowledges it may not hold exclusive marketing arrangements with certain brands.

As of December 31, 2025:
- Four full-time employees (including officers and directors).
- Twenty-three part-time contract workers.
The company relies on part-time and contract workers and independent consultants to minimize fixed overhead.

Leased Las Vegas facility: 2,500 square feet (office/showroom/warehouse) on a month-to-month sublease for $2,500 per month from GloBrands.

As of December 31, 2025, no material pending litigation; the company notes the standard risk of potential litigation in the ordinary course.

Implements a cybersecurity risk management program integrated with enterprise risk management, including third-party cybersecurity services, risk assessments, monitoring, and governance overseen by risk/compliance personnel and the board.