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

[cabo_sailor]

Merlyn,

The next part of the PR goes on to say:

" The purchase will include an ownership position by the private equity group, but controlling interest will be with Triangle Multi Media.
We have begun to secure long term contracts generating more than $20,000.00 per day from Fortune 500 companies requiring uplink services in the New Orleans area."

As part owners they too are entitled to share the profits. IMO with $5 million of their bucks invested you can be sure they thoroughly investigated QBID to an extent that we could not as well as doing their own forecasts on what kind of revenue NTI would bring in. They obviously thought the risk was worth the reward.