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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT Pursuant
to Section 13 OR 15(d) of
The Securities Exchange Act of 1934
Date of report (Date of earliest event reported): November 15, 2006
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CirTran Corporation
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(Exact Name of Registrant as Specified in Its Charter)
Nevada
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(State of Other Jurisdiction of Incorporation)
0-26059 68-0121636
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(Commission File Number) (IRS Employer Identification No.)
4125 South 6000 West, West Valley City, Utah 84128
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(Address of Principal Executive Offices) (Zip Code)
801-963-5112
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(Registrant's Telephone Number, Including Area Code)
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(Former Name or Former Address, if Changed Since Last Report)
Item 1.01 Entry into a Material Definitive Agreement
Item 2.03 Creation of a Direct Financial Obligation
Entry into Lease Agreement for Subsidiary
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On November 15, 2006, Diverse Media Group Corp. ("DMG"), a Utah
corporation and wholly owned subsidiary of CirTran Corporation (the "Company"),
entered into a Lease Agreement and Lease (the "Lease") to lease approximately
1,150 square feet of office space (the "Bentonville Office") in an office
complex in Bentonville, Arkansas. The address of the Bentonville Office is 1004
Beau Terre Drive, Suite E507, Bentonville, Arkansas 72712. The term of the Lease
is for 24 calendar months, plus any partial month from the commencement date of
November 15, 2006. The monthly rent on the Bentonville Office is $1,470.08. DMG
paid a security deposit of $1,470.08, all or part of which may be refunded to
DMG at the end of the lease.
The Company issued a press release (the "Press Release") on November
28, 2006, relating to the Lease and the Property. In the Press Release, the
Company announced that DMG's Bentonville Office will be managed by Oliver
Mulcahy, who joins the Company as Director of Retail Distribution to manage the
Bentonville office. Mr. Mulcahy was previously with Rethink Products, Inc.,
where he worked closely with Wal-Mart and Sam's Club locations and corporate
offices to manage new products, concepts and Wal-Mart relationships for new
suppliers. Mr. Mulcahy served as a consultant for companies regarding products,
packaging and pricing structure to meet Wal-Mart and Sam's Club standards and
practices and helped new suppliers obtain approval from Wal-Mart.
The Press Release also pointed out that the Bentonville Office is
strategically located to help create and manage an ongoing relationship with
Wal-Mart stores, to facilitate the distribution of products through Wal-Mart
stores on behalf of DMG marketing clients.
The Company intends to seek to cultivate a relationship and marketing
agreements with Wal-Mart and Sam's Club for the distribution of products,
although no such relationship or agreements had been entered into as of the date
of this Current Report.
Item 9.01. Financial Statements and Exhibits.
(a) Financial Statements. None.
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(b) Pro Forma Financial Information. Not Applicable.
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(c) Exhibits.
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99.1 Lease Agreement and Lease between Behringer Harvard TIC
Management Services LP and Diverse Media Group Corp., dated
as of November 15, 2006.
99.2 Press Release dated November 28, 2006.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CirTran Corporation
Date: November 28, 2006 By: /s/ Iehab Hawatmeh
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Iehab J. Hawatmeh, President
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