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

[djr63]

now cut and paste the revision karzman...
*********
(CPPC Pink Sheets) CINEMAX PICTURES AND PRODUCTION COMPANY, INTL., INC. (CPPC) ANNOUNCED TODAY A CORRECTION AND CLARIFICATION OF THE SHARE REDISTRIBUTION ANNOUNCED ON OCTOBER 5TH STEMMING FROM THE REVERSE SPLIT ALSO DATED OCTOBER 5th, 2007.

TORONTO, ON, CAN, Oct 10, 2007 (M2 PRESSWIRE via COMTEX) -- Tony Gouveia, CFO of CINEMAX PICTURES AND PRODUCTION COMPANY, INTL., INC. (CPPC) announced today a correction and clarification regarding the share redistribution and reallocation created by the 50,000 to 1 (fifty thousand to one) reverse split and merger approved by NASDAQ of October 5th, 2007.

According to Gouveia: "We were in preparation of writing the final announcement of our merger with Triangle MultiMedia (TMM / QBID) and announcing the reverse split posted October 5th, when the filings of both these events appeared on the OTC Bulletin Board during the trading day of October 4th. Our final draft of the merger and reverse split press release and the chart of the stock allocation statistics were literally in final process when we were made aware of the unexpected early posting. In our haste to file our announcement on October 4th, we inadvertently posted incorrect figures in that press release, and it has subsequently caused a number of issues with our long term shareholders. It was our error and we are correcting that situation and issue today.

Via this announcement, we will be making certain no one will lose any of their correct allocation of position, even if they have subsequently liquidated their CPPC holdings. We are working with our Transfer Agent to make certain broker and individual shareholder positions in CPPC will reflect the correction as of the assigned date of record and that no individual shareholder will face any loss of shares due to our error, in fact some positions shareholders have with CPPC will reflect the correction by showing an increase in the shares of their account.

Please note: our transfer agent was not responsible for this issue and if you have any problems regarding this, please contact us, not them. Any inquires to them will not be answered by them and will only be referred to us. In the future we will address this issue in depth on the FAQ page of the www.cinemaxpictures.com website to assist you in this process. We regret the confusion this has caused and we apologize to our shareholders for the error. This may also take us a few weeks to adjust, but it will be corrected."

Gouveia continued: "What follows are the corrected figures of the reverse split reallocation and redistribution of CPPC shares.

The press release dated October 5, 2007 regarding the reverse split and merger stated the following ANY SHAREHOLDER THAT HAS 100 TO 499,999 SHARES WILL RECEIVE 100 SHARES. This should have correctly stated "Any shareholder that has 100 to 4,999,999 shares (four million nine hundred ninety nine thousand nine hundred and ninety nine) shares will receive 100 shares (one hundred)."

Shareholders with 5,000,000 or more QBID shares will receive shares based on the 50,000 to 1 reverse stock split as stated. For example, a shareholder with 10,000,000 shares will receive 200 shares of Cinemax Pictures."

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.

CONTACT: Cinemax Pictures & Prod. Co. Intl. Inc. e-mail: [e-mail]

M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to [e-mail]