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Seminole Red

12/29/07 8:49 PM

#274438 RE: needdiamonds #274437

QBID was toast way before fan was ever exposed....imo fan lost a ton of dough and is just trying to get it back.

and the new company hasnt done anything illegle or this stock wouldnt be trading.
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brute_force

12/30/07 2:20 AM

#274443 RE: needdiamonds #274437

I just wonder what baggage they brought with them.

Fan sold himself the QBID o/s @ Cinemax Canada. Fan owns 53% of the QBID o/s he sold to himself @ Cinemax Canada, per Gouveia (10/19/07). Gouveia signed-off on TMM's (nka Cinemax WA) amended articles giving Fan & Gouveia 100 million new shares (25 million serial preferred) of TMM/Cimemax WA prior to the going-private buy-out of the QBID public vehicle by Cinemax Canada.
Fan & Gouveia privately wholly-own Cinemax WA, fka TMM. TMM traded the QBID o/s that was acquired by Cinemax Canada, currently trades as CPPC, and comprises 20% of the CPPC o/s. Gouveia is CFO of Cinemax Canada as well as CFO of Cinemax WA/TMM. Fan is CEO of Cinemax WA/TMM and is on the board of directors of Cinemax Canada. The "considerable accounting irregularities" & unkept "necessary supporting documents" Fan disclosed via PR, as well as ITHC's "stock fraud" and unknown GAAY o/s, are all part of the "baggage" Cinemax Canada acquired when they acquired the QBID o/s along with Fan & Gouveia.