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Saturday, 10/06/2007 12:00:49 PM

Saturday, October 06, 2007 12:00:49 PM

Post# of 279080
2 'new' NEWS ARTICLES on the website...


NEWS ARTICLES


(OTC-PK: QBID) TRIANGLE MULTIMEDIA LIMITED, INC. (TMM – QBID) ANNOUNCED TODAY A STOCK REVERSE SPLIT AND THE COMPLETION OF THE MERGER WITH CINEMAX PICTURES AND PRODUCTION COMPANY INTERNATIONAL, INC.

(M2 PressWIRE Via Thomson Dialog NewsEdge)
RDATE:04102007

Woodland Hills, CA
October 4, 2007

Triangle MultiMedia Limited, Inc. (“Company” or “Cinemax Pictures”) announced today that its board of directors unanimously adopted, and shareholders holding a majority of the capital stock approved, a resolution to effect a common stock reverse split such that each holder of 50,000 shares shall receive 1 share. Any shareholder that has 100 to 499,999 shares will receive 100 shares.

The Company also completed the merger with Cinemax Pictures & Prod. Co. Intl. Inc.

Simultaneously, the Company changed its name to Cinemax Pictures & Prod. Co. Intl. Inc.

The effective date for the common stock reverse split was October 5th 2007.
Consequently, the Company has been assigned a new cusip number and trading symbol: CPPC. Accordingly, Cinemax Pictures & Prod. Co. Intl. Inc. will trade on the OTC Pink Sheets under new ticker symbol CPPC.

We respectfully request that all stockholders return their stock certificates representing shares of their old QBID common stock to the transfer agent for cancellation, in exchange for certificates representing the number of whole shares of new common stock into which the shares of old common stock have been converted as a result of the common stock reverse split. In order to receive their new certificates, stockholders must surrender their old certificates, plus fees, to transfer agent, Capital Transfer Agency, for cancellation and reissue.

Stockholders whose shares are held in electronic format do not need to submit old certificates for exchange. Their respective accounts will automatically be adjusted to reflect the new quantity of shares, based on the exchange ratio.

Beginning on the effective date of the common stock reverse split, each old certificate, until exchanged as described above, will be deemed for all purposes to evidence ownership of the number of whole shares of new common stock into which the shares evidenced by the old certificates have been converted.

Tony Gouveia, CFO for Cinemax Pictures and Production Company Intl., Inc has posted an “FAQ page” along with additional information regarding the delivery address and fee structure for old certificates and the reissue of the new certificates on the Cinemax Pictures web site at www.cinemaxpictures.com in the
Investor Relations section



FORWARD LOOKING STATEMENTS
This press release contains statements that are made pursuant to the Safe Harbor Provisions of the Private Securities Litigation Act of 1995. Certain statements in this press release may contain words such as “anticipates”, “believes”, “could”, “estimates”, “expects”, “intends”, “may”, “projects”, “targets” and other similar language and are considered forward-looking statements. These forward-looking statements are subject to certain risks and uncertainties and persons reading this press release are cautioned that such statements are only predictions, and that the Company’s actual future results or performance may be materially different.
The Company disclaims any intention or obligation to update or revise forward-looking information, whether as a result of new information, future events, or otherwise.

This material is information only and is not an offer or solicitation to buy or sell securities.

For more information, please contact: IRforTMM@cinemaxpicture.com

http://cinemaxpictures.com/news.html

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