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

[Penny-Trader]

from the Q investor relations page


4/14/2005 - Oxygen


Dear QBID Investors,



We are very sorry for the confusion with QTelevision airing on the Oxygen Network this morning. We had extreme difficulties launching the spot through Oxygen and did not find out about it until very early this morning. This logistical problem will take three to four days to fix, but to ensure there will not be another delay; we will go live on April 21st. We have already purchased the air time with Oxygen for 31 days in May and 30 days in June, airing in two slots for ½ hour a piece and can be viewed by any person who currently has the Oxygen Network in their home.



We recognize our investors are discouraged today and please understand we takes steps everyday to alleviate any anxieties you have concerning the success for QTelevision by securing more of a foothold with carriers, talent, programming and media. We are still very much on track and have powerful resources at our disposal to attain the level of success both you and the whole Q staff feel we can achieve.



Sincerely,



Frank Olsen