EX-10.12 4 cirtransb2a1ex10-12.txt ================================================================================ Exhibit 10.12 Addendum 1 Product Name: AB KING PRO Product Description: Fitness Machine to exercise abdominal muscles Current Units Sold to Date: Projected Units Sold next 24 months: Manufacturer: CirTran-Asia Sub-Manufacturer: HL CORP. (SHENZHEN - CHINA) Marketing Partner Contact Info: Current Sale Price: $20.50 USD Current Cost to Manufacturer: $18.50 Total Tooling/Development Costs: $162,199.84 Profit % Per Unit CirTran-Asia $ 1.00 USD 50% MCE $ .50 USD 25% HIPMG $ .50 USD 25% UKING $ .00 USD AB KING Stock Option Schedule After CirTran receives orders and ships more than 200,000 units, MCE HIPMG UKING --------------------------------------------------------------------------------