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

[charltuna]

Charles T
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[e-mail]

April 6, 2007

Mr. Heffernan:

I have written and spoken to you in the past concerning a penny stock company: Triangle Multi-Media Limited, Inc. (OTC: QBID)

I do understand that this complaint should be handled out of the SEC's LA office (where I sent it) but still, since you have the complaint, I need to keep you updated and also, remind you of my concerns.

Let me remind you of a couple of things. As of 8/5/2004 QBID had 50 billion Authorized Shares (A/S). Between 10/3/2005 and 2/7/2006 the A/S was raised to 350 billion shares.

One of my concerns is that the president, Frank Olsen who owns 53% of the stock,maintained his 53% controlling interest after each of these raises (as he as done in the past) yet he did nothing to compensate the company. If you still have my original complaint (I can resent it to you if you do not) attachment #1 gives a complete list of all raises in the A/S.

Over the years there has not been PR’s explaining the raising of the A/S and in fact there were many PR’s (Attachment 2) which made it seem like the company was decreasing the amount of stock. Or, that the company was attempting to get others to buy up the float. There were many PR’s (and other forms of communications) which talked about the reasons why the share price was so poor, but never was it the BLOATED A/S. There were even PR’s which painted a future without debt.

I would ask you to look at Attachment 2 - page 22 (from August 29th, 2005) and read the line...
TMM has no future intention of raising its outstanding share count and/or authorized share count. TMM will also buy back stock when liquidity is available.

On that date the A/S was 50 Billion shares. Since that PR, the company raised the A/S to an additional 300 Billion on 3 different dates.

I would ask you to pay close attention to the PR's between Pages 9-27 because those were the ones in 2005, just before the A/S was raised those last three (3) times.

If you remember in the course of our conversations, I have maintained that after Lloyd Fan got involved with Frank Olsen, it was then that the A/S moved up. While Olsen saw the "writing on the wall" (that he actually DID create a real network, but like in the movie "The Producers" the realization of a real network would land him in jail, he set it up so that Fan would be in charge to make the last play).

The first thing that Lloyd Fan attempted to do after becoming CEO was to do a Reserve Split (R/S) which would have basically bankrupted any value regular shareholders had. It was that the paper work between him and Olsen was incorrect that the State of Washington refused to approve the R/S, which then lead to my complaint.

Below is a new PR which came out today. (below that is the 2 PR's which came out when Fan took over.) I hope that the next PR is NOT one where we see a R/S.

I am begging you to consider 2 different options:

1: To freeze QBID from raising or lowering the A/S until a full investigation can answer the question "was the last three raise in the A/S legal?"

2: Have the A/S return to 50 billion.

Respectfully submitted
Charles T
Virginia


Update to Shareholders (http://cinemaxpictures.com/merge.html)
April 06, 2007

Lloyd Fan, CEO of TMM, Tony Gouveia, acting CFO of TMM and Constantine Papadopoulos, CEO of Cinemax Pictures and Production Company International (Canada) announced today the explanation for the unexpected delays in the final processing of the TMM / CINEMAX merger.

According to Lloyd Fan; "The delay is mostly due from the legal side of TMM, with our lawyers properly crossing every 't' and dotting every 'i' before we can proceed any further with the necessary steps we are required to do in order to complete the merger. It is still in action, just temporarily slower in its process. We deeply apologize to TMM stockholders for this unexpected but necessary delay, and we are doing everything we can to expedite all of the current and final paperwork."

According to Tony Gouveia, "In the meanwhile, all business licenses for TMM and QTN will be renewed in May with the State of Washington; a transfer agent for the company will soon be contracted along with our contracting a Financial News Wire service to handle any future public legal or financial announcements regarding TMM, QTN or Cinemax Pictures." Announcements of film and television product acquired by, icensed to or optioned by Cinemax Pictures will continue to be handled via their website, www.cinemaxpictures.com.

And in addition to Fan's and Gouveia's comments, Constantine Papadopoulos of Cinemax added: "I have been receiving a considerable number of e mails from TMM shareholders inquiring as to what was happening, and I was glad to answer as many of them as I could. I was limited legally and ethically as to how I could respond to all these inquiries, so I hope this announcement will answer some of the questions and concerns that TMM stockholders currently have regarding the status of the merger."

For further information, please contact us HERE.


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February 27, 2006 - 3:27 PM EST

Q Television Network Appoints Lloyd Fan to Role of Interim President
BURBANK, Calif., Feb. 27 /PRNewswire-FirstCall/ -- Effective immediately, Frank Olsen, CEO and President of Triangle Multi-Media Limited, Inc. (OTC: QBID) has proudly appointed Mr. Lloyd Fan as Interim president of Q Television Network.

Lloyd Fan and his partners bring many years of achievement in corporate finance, strategic growth initiatives, OEM manufacturing, international trade and product direct-distribution. Through Best Prop Holding Group -- which owns Pat Prod Productions and Patented Product Industries -- his successes include renowned companies like Sharper Image, Brookstone, Restoration Hardware, IKEA, Targets Stores, Wal-Mart, JC Penny, Coleman, LL Bean, QVC and many more. Coming from a manufacturing and engineering background, Mr. Fan has played a major role in commercializing some 200 patents worldwide. With a proud and proven track record, Mr. Fan is highly respected in the financial, manufacturing and service sector throughout Asia.

With a long-standing interest in finding an entertainment and distribution platform partner with a strong brand and loyalty within the GLBT community, Mr. Fan and his group considered QTN's success in connecting to this market. QTN's growing distribution model and direct connection to its customer base complements both entities' plans to expand the network's offerings to include additional entertainment services and consumer products targeted to the GLBT community in the U.S. and worldwide.

'This is truly an exciting development,' said Mr. Fan. 'My partners and I understand the vision and the commitment Frank Olsen has made to the GLBT community with the launch of QTN, and we are pleased to join forces with QTN in ensuring its continued success'.

Olsen, who remains Chairman and CEO of both Triangle Multi-Media Limited, Inc. and Q Television Network stated, 'Mr. Fan and his partners' commitment of resources to QTN is a much needed investment in all phases of the network as we work to proudly give voice to the gay community. Mr. Fan's appointment as Interim President of QTN further solidifies the network's ability to enhance its daily operations, programming, strategic growth and financial stability. I am very proud of the accomplishments QTN has made throughout the years in our struggle to bring a gay television network to market. Many people have played significant roles and have taken many risks. With the infusion of dynamic resources brought to QTN by Mr. Fan, the network's continued success seems assured.'

About Q Television Network:

This 24/7, premium television network is organized to create, develop and feature television programming for the gay and lesbian community, including live & interactive content every weeknight, plus sports, information and entertainment. While the company expects much of its subscriber base to be comprised of members of the gay and lesbian population, management also believes that quality programming about the gay and lesbian experience, designed to entertain, educate and inform, will attract many other segments of the viewing public.

The company's programming is available on a subscription basis to those desiring to subscribe. The monthly fee varies by region of the country. The network is telecast 24 hours per day, 7 days per week and features a variety of live and original programming. Q Television is available on such blue chip cable systems as Time Warner, Cox communications and RCN, among others, with availability approaching 3 million digital cable households in the U.S. Q Television Network is the official network of Gay Games(R) VII. The network is also ad-supported. For further information on programming and subscriptions, please visit www.qtelevision.com.

Safe Harbor Statement

As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the television network's ability to execute its business model and strategic plans; and the risks described from time to time in the company's Securities and Exchange Commission filings.

Contacts:

QTN Media Relations
Kristien Brada-Thompson Jim Strzalkowski
Priority Public Relations Priority Public Relations
[phone] x224 [phone] x222
[e-mail] [e-mail]

QTN Investor Relations
Richard Brown
Equity Relations, Inc
[phone]
[e-mail]

SOURCE Q Television Network


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March 7, 2006 - 11:29 AM EST

Triangle Multi-Media Limited and Q Television Network Enter Into Agreement to Name New Chairman and CEO
BURBANK, Calif., March 7 /PRNewswire-FirstCall/ -- Triangle Multi-Media Limited (OTC: QBID) and Q Television Network [QTN] have announced today that they have entered into a new agreement with Mr. Lloyd Fan. Effective immediately, Lloyd Fan will assume the role of Chairman and CEO of Triangle Multi-Media Limited and Q Television Network. Mr. Fan succeeds QTN founder Frank Olsen. The move is the culmination of Fan's investment interests and the companies' evolving directions.

Effective today, all Triangle Multi-Media Limited and QTN officers and board of directors have resigned their positions and have relinquished all responsibilities and affiliations. Details of the new management infrastructure, with an emphasis on both television and finance industry, will be forthcoming.

The current and moving forward financial obligations of Triangle Multi-Media Limited and QTN are also being vigorously reviewed, and a fresh approach to resolving these situations will be announced in the coming weeks.

'The QTN business model presents a multitude of possibilities, and I look forward to taking outgoing Chairman Frank Olsen's vision to the next level,' said Mr. Fan. 'I am committed to building an exceptionally strong, experienced management team, fortifying QTN's business partnerships and strengthening the network's commitment to providing high quality, engaging television programming focused on the GLBT community.'

Lloyd Fan brings many years of achievement in corporate finance, strategic growth initiatives, OEM manufacturing, international trade and product direct-distribution through his Best Prop Holding Group -- which owns Pat Prod Productions and Patented Product Industries. With a proud and proven track record, Mr. Fan is highly respected in the financial, manufacturing and service sector throughout Asia.

About Q Television Network:

This 24/7, premium television network is organized to create, develop and feature television programming for the gay and lesbian community, including live & interactive content every weeknight, plus sports, information and entertainment. While the company expects much of its subscriber base to be comprised of members of the gay and lesbian population, management also believes that quality programming about the gay and lesbian experience, designed to entertain, educate and inform, will attract many other segments of the viewing public.

The company's programming is available on a subscription basis to those desiring to subscribe. The monthly fee varies by region of the country. The network is telecast 24 hours per day, 7 days per week and features a variety of live and original programming. Q Television is available on such blue chip cable systems as Time Warner, Cox communications and RCN, among others, with availability approaching 3 million digital cable households in the U.S. Q Television Network is the official network of Gay Games(r) VII. The network is also ad-supported. For further information on programming and subscriptions, please visit www.qtelevision.com.

Safe Harbor Statement

As a cautionary note to investors, certain matters discussed in this press release may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such matters involve risks and uncertainties that may cause actual results to differ materially, including the following: changes in economic conditions; general competitive factors; the television network's ability to execute its business model and strategic plans; and the risks described from time to time in the company's Securities and Exchange Commission filings.

Contacts:

QTN Media Relations
Jim Strzalkowski & Kristien Brada-Thompson
Priority Public Relations
[phone]
[e-mail] / [e-mail]

QTN Investor Relations
Richard Brown
Equity Relations, Inc
[phone]
[e-mail]

SOURCE Triangle Multi-Media Limited; Q Television Network