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

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CINEMAX F.A.Q.

From: Tony Gouveia, Chief Financial Officer
October 19, 2007

Why has the State of Washington, Secretary of State, Corporations Division not approved the Merger?
In the opinion of special securities counsel, we are in full compliance with all Federal and State Securities Laws. Our counsel worked closely with the State of Washington, Secretary of State, Corporations Division. Please note that it is NASDAQ that approved the Plan of Reorganization, Merger, and Common Stock Reverse Split.

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From: Tony Gouveia, Chief Financial Officer
October 19, 2007

What was the rationale for the reverse stock split?
Some shareholders have e-mailed me at [e-mail] inquiring about the rationale behind the reverse stock split. I indicated in my response that I would discuss the reasoning behind this in the Company FAQ section of the Cinemax Pictures web site. I want to keep my commitment to everyone and discuss this in some detail.

There were approximately 316 billion shares issued and outstanding prior to the merger with a price of $.0001 per share. This is equivalent to a market cap $31,600,000. Please note the following: (1) the price of .0001 is an artificial price as the system does not allow the price to be presented at a lower value. Therefore, the market cap noted above of $31,600,000 is not correct. (2) There was no bid (unpriced) on Triangle Multi-Media (“QBID”) that would allow most of the shareholders to sell their shares. Therefore, the perceived value in the stock of $.0001 was not there. (3) QBID’s asset was QTN, which went out of business in May of 2006. Furthermore, it appears that the liabilities of QTN were significantly higher than assets of QTN. Therefore, the value of QBID, which was based on QTN, was worthless.

Lloyd Fan, out of concern for the shareholders and at great time and expense to him, retained me to assist him in developing a plan to assist shareholders recoup some of their investment in QBID. Obviously, QBID was worthless. The only asset that QBID had was the public entity (public shell) QBID. QTN had some assets that could have possibly generated some cash and income stream going forward. It’s possible, if we had funding and sufficient time, that enough cash could have been generated to pay some of the debts of QTN. Unfortunately, we were not given that opportunity. It needs to be pointed out that several creditors and employees suffered losses related to what happened with QTN.

As a result of the above, we realized that we needed a viable business with an executable business plan to assist shareholders recoup some of their investment in QBID..Cinemax Pictures offered us the best opportunity to add value to the former QBID entity. We believe in our business strategy, our management team and what we are focusing on at this time in this industry (movie and television production and other related projects). No one can guarantee success. However, we are committed to making this a successful company. On October 4, 2007, in the Company FAQ section of the web site, I indicated two important goals:

As CFO, I have two important goals (this is not all inclusive and there are many other important objectives): (1) to build credibility with our shareholders; and (2) add value to the company via acquisitions and movie and television projects.

Everyone in the management team under the leadership of Constantine Papadopoulos believes in the same thing and is driven to make these goals a reality. My wish is that you will give us an opportunity to win your trust and that this becomes a successful experience for all of us. If you decide that we are not to be trusted and you can not over come what happened in the past. I understand and respect your decision. I know what happened with QTN, none of the senior management team that was involved with QTN is working for or with Cinemax Pictures, was devastating for a lot shareholders. After suffering, in some cases significant financial losses, you are faced with a 50,000 to 1 reverse stock split.

I can fully understand how difficult it is to accept such a significant reverse stock split. But, I would respectfully request that you consider the following: (1) The reverse stock split is required as a result of what happened in the past with QTN and QBID. QBID had 350 billion authorized shares. The Cinemax Pictures senior management team is trying to add value to this company and was not involved with what happened in the past. (2) It is impossible for this company to be successful with the share count at such an unusually high level. The investment community would never consider investing in a company that was seriously diluted as QBID was in the past. (3) There was no viable alternative available to us other than Cinemax Pictures. We did not have sufficient funding to re-start QTN, We could have sold QBID to another entity for the value of the empty public shell/company. That would have generated between $.000095 to $.000158 per share. Therefore, we decided to move forward with the merger and give it our best efforts to make this a successful company.

Please contact me by e-mailing at [e-mail] if you have further questions on this or any other matter. This is the e-mail address you should use to inquire about any shareholder related issues. I have received several e-mails on various matters and I have responded to everyone. You have my commitment that I will continue to respond to your inquiries.

http://cinemaxpictures.com/faq.html