Circa Pict. & Prod. Co. Intnl Inc. (fka CPPD)

[PennyHeaven7]

Update to Shareholders
December 21, 2006
http://www.cinemaxpictures.com/news.htm
Lloyd Fan, the CEO of Triangle Multimedia and Constantine Papadoupoulos, the CEO of Cinemax Pictures and Production Company International Inc. wish to give an update on the merger of the two companies as well as other pertinent information.

Firstly, the merger between Cinemax and Triangle MultiMedia is still in the works. There are complex legal issues that have taken more time than originally anticipated. Therefore, the merger will not be completed by year end as originally planned. However, based on estimates from legal counsel, we expect the merger to be completed by the first quarter of 2007.

Secondly, Cinemax would like to provide some details on another movie that they are working on:

The Whole Banana, staring Matthew Perry

Fran is suffering from an eight-year-long artistist's block, quitting smoking and trying, without success, to end a long-term, dead-end relationship with Phil, her womanizing boyfriend. Her boss wants to save her with a promotion to a soul-killing desk job, her friend Georgia prescribes dating, which adds indigestion and physical injury to the mix, while Phil labors to get her into bed. Directionless and confused, Fran is tanking under the strain. Unable to fathom what's good for her and what's not, Fran can't even manage to buy food at the market, but instead, continually brings home light bulbs and tub cleanser.

On the advice of a Nicotine-Anonymous speaker, she tries to make contact with her "Higher Power" in the hope that He/She/It will make some sense of her life.

Fran's failing attempts at prayer are intercepted by the Greek god Hermes, who has become dull and depressed after centuries of doing Zeus' busy-work while his brother, Apollo, goofs off and parties with the water nymphs. Hermes, smitten with and inspired by Fran and craving adventure, leaves Apollo in charge of his many duties, not the least of which include seeing to communication, athletes, acrobats, musicians, thieves and travelers. He takes mortal form and enters Fran's life through her apartment window.

With Hermes, Fran experiences a limitless kind of love that awakens every sense and brings her into contact with that divine beauty she had been seeking. She is painting again, she recognizes food, she is in love! She is even dancing on table tops, with the help of a stolen pair of tap shoes presented to her by Hermes. But when Fran finds that Hermes intends, at some point, to return to Mount Olympus and his work there, she conspires with Mrs. Sarah, a "spiritual consultant", and finds a way to trap him in his mortal body with the use of a magic ribbon. But in return, Mrs. Sarah demands Fran's magic tap shoes, her hair, and a considerable amount of money. Fran finds she will sacrifice everything to keep him with her - his immortality, her soul, the human race and the planet they live on if necessary.

When Hermes doesn't return at the agreed-upon time to relieve him, Apollo leaves his post unmanned. With nobody at the wheel, civilization careens toward the brink of disaster. Satellites go down, cell phones die, traffic stands still all over the world. Then to make things much, much worse, Zeus, annoyed with Hermes' absence, starts throwing giant thunderbolts, one of which hits Hermes, mortally wounding him.

Fran, with the help of Hermes, must find the willingness to let him go in order to save him and the world. So great is her fear that she'll return to her blocked confusion and loneliness without him that it takes all of her strength to untie the ribbon and allow him to return home.

Back in her apartment Fran throws herself on her bed where she plans to cry for a couple of years, but finds her pillow to be strangely lumpy. Hermes has stolen the magic tap shoes back from Mrs. Sarah and has tucked them under her pillow. Fran puts them on her feet nervous that her miraculous ability to tap dance will now be gone. But to her extreme relief and delight, her feet move and she is dancing - out the window and down the fire escape, she splashes down the street and into the sunset.

The Management of both Cinemax and Triangle Multimedia wish you all a very Merry Christmas.

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CINEMAX ANNOUNCES $150 MILLION INVESTMENT

TORONTO, ON ? November 16, 2006: Mr. Gouveia, stated, ?Cinemax Pictures &Production Company International, Inc. (?Cinemax?) is pleased to announce it has secured a total of $150 million (Canadian dollars) for film production from various international production financiers.

Cinemax currently has 17 film and television production projects earmarked, and has scheduled a line-up of 3 movies to be produced in the coming year, one of which is the following:?

?YE OLDE TIMES? with Jack Black

It is a romantic comedy about the adventures of a pair of mismatched young lovers who meet while apprenticing at a dysfunctional Renaissance Faire theatre troupe, and their quest to help save it from extinction at the hands of a rival company. Bob White is attached to direct. In addition to his extensive theater experience, Bob directed FRANK'S BOOK, an award-winning comedy short starring John C. Reilly.

Jack Black is attached to play the mysterious and possibly unreliable narrator, Gordon Shockworthy. He's a young Elizabethan literature professor out to teach an over-privileged student an unconventional lesson about life and love. Scott Reed and Ron Singer are co-producing with their production company, That?s Hollywood Studio Productions.

With approximately 40 "major" renaissance faires in the country (each attracting an average of between 100,000 and 300,000 people each year), the core audience for this film is substantial (4 million, conservatively). This alone will justify its production and marketing costs. Furthermore, a loyal audience, galvanized to promote the film within its own community, will become the flashpoint for mushrooming word-of-mouth which will carry the film beyond its communal radius into an even larger market.?

Constantine Papadopoulos, CEO of Cinemax, stated, ?The Company is 100% determined to revitalize our very viable local picture industry while maximizing returns for Cinemax stakeholders ? it is a lucrative and achievable win-win all around for everyone.?

Additional long-term objectives and projects for Cinemax will be announced hereafter.

For further information, please contact:

Constantine A. Papadopoulos

President &CEO, Cinemax Pictures &Prod. Co. Intl., Inc.

Mississauga, ON, Canada &Beverly Hills, CA, USA

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Triangle Multi-Media Limited, Inc. (?TMM?) announces completion of due diligence regarding the sale of TMM to Cinemax Pictures and Production Company International, Inc. (Canada) ("Cinemax Pictures").

Mr. Gouveia stated, ?As previously indicated in the August 21, 2006 press release, the sale of TMM to Cinemax Pictures was contingent upon the completion of due diligence and shareholder approval. The due diligence was successfully completed and we are continuing to finalize the sale. It is anticipated that this process will be completed this year. Notification and subsequent shareholder voting will follow completion of all the preliminary steps to finalize the sale.

?Cinemax Pictures currently owns fourteen movies that are in different stages of production. Cinemax Pictures has secured $125 to $150 million in financing from various sources in both the US and the international marketplace. The fourteen movies are fully funded and additional funding will be raised for the gap-funding. Cinemax Pictures is in the process of being audited. Results of the audit opinion will be disclosed on the Cinemax Pictures website. Further details on the movies, actors, directors and other Cinemax Pictures business will be released on the Cinemax Pictures website in the near future.

?I will be a Director and CFO of Cinemax Pictures after the sale is finalized in order to assist them as a new public company. Mr. Fan will be a Director in Cinemax Pictures.?

Mr. Papadopoulos, CEO and Chairman of Cinemax Pictures, stated, ?I am very excited to have someone of Mr. Gouveia?s skill and experience assisting the company, and Mr. Fan as a Director.?

Mr. Fan stated, ?I?m very pleased that we have completed the due diligence process and I am looking forward to a long productive relationship with Cinemax Pictures.?

About Cinemax Pictures:

Cinemax Pictures is a production company that has three distinct lines of business. First, Cinemax Pictures owns a reality television show that will be shown to 18 television networks. Cinemax Pictures expects to get this syndicated and to start generating revenue. The reality show is called "Three Patriots and a Wagon." It is a comedy-drama that explores the relationship between a Native Indian and a "Pale-Face" who has an intricate knowledge of law. Second, Cinemax Pictures owns fourteen movies that are in different stages of production. Cinemax Pictures considers these movies to be blockbusters, not only because of the actors and actresses that have signed on, but because of the scripts that have been reviewed. The movies range from comedies to action-thrillers. Finally, due to Cinemax Pictures' relationships and contacts throughout the industry, Cinemax Pictures has the opportunity to provide bridge-financing (or "gap-funding" as it is referred to in the industry) to movies that go over their production budget. Cinemax Pictures will take a large percentage of the rights to the movies and will receive a return-on-investment once the movie has completed production and is sold to a distributor.