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

[jvan]

Lobogotti or anyone who would like to respond:

Given that I am not a financial or stock guru, can anyone give me feedback/opinions/comments regarding Frank's answer to Question #11. Thanks.

Question #11 - Can you clarify the relationship between QTN and Triangle Multi-media? We understand that it is a subsidiary, but we would like to see a statement confirming that QBID shareholders will realize a direct benefit from any QTN success; and that there is no intent to separate the two in a manner that would be detrimental to QBID shareholders.

ANSWER = The difference between a subsidiary and actual ownership is that QTN has debt-and debt has to be considered.