News
SALT LAKE CITY – CirTran Corp. has issued a promissory note for $315,000, the EMS company's second in the past month.
Under the terms of the April 7 note, the company received proceeds of $300,000 from Albert Hagar, to whom it will repay an aggregate of $315,000 within 30 days after demand is made for payment. CirTran president Iehab Hawatmeh gave a personal guarantee for the note.
It is the second time in a month the company has issued a $315,000 note. On March 31, CirTran issued five promissory notes for an aggregate indebtedness of $315,000 to five individuals.
For its 2007 fiscal year, CirTran reported a net loss of $7.2 million on revenues of $12.4 million.
TAIPEI – Foxconn Electronics reported first-quarter net profits rose 2.9% year-over-year to NT$16.07 billion (US$528.6 million), despite sales growth of more than 20%.
MONTREAL – Aim Solder named Michael Burgess strategic account manager, responsible for the company’s line of solder assembly materials. He will manage and coordinate all promotional, sales and customer support activities.
Burgess holds a degree in engineering and brings more than 17 years of industry experience, including stints at Cookson and PhotoStencil. He is based in Monument, CO.
Montreal-based Aim is a global manufacturer of assembly materials.
Burgess holds a degree in engineering and brings more than 17 years of industry experience, including stints at Cookson and PhotoStencil. He is based in Monument, CO.
Montreal-based Aim is a global manufacturer of assembly materials.
