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

[666]

I read it...Do you not understand what it means?

Its going to give you the breakdown of TMM.. There are 4 subsidiaries within TMM....NTI, QTN, ?, ? - I dont recall the other 2 .. But the audit should reflect assets and perrcentages of all 4.. Its not a question of what % of QTN we own.

Its a question of how much debt does TMM have in releation to QTN..

meaning..

If QTN starts to make a profit..
ex. 1million/ - 1syt year
but the 3 other subsidiaries have losses equaling 1M for that year.
As far as TMM is concerned QBID shareholders have a breakeven year.....etc., etc....

thats why it is important to have quarterly audits and become reporting so we always know how much money TMM is making or losing..

understand now...