Replies to post #186182 on Circa Pict. & Prod. Co. Intnl Inc. (fka CPPD)

[gees]

where do you think he is going to get the shares from to buy back?

We know for sure that someone is selling shares heavily, that's why pps is going down every week. Frank mentioned in last CC that it is the companies he issued restricted shares for film library etc are selling. They still make profit because those shares were issued at .0001 or lower

[ltesprit]

The only was Frank can do a buy-back is if he has some tangible assets to borrow against (ie, put up as collateral). It can't be a cash-flow loan because we're running at a loss. If he goes to a bank and claims his film library is worth $1 billion, he's not only going to get laughed right out of the office but word is going to spread he's a con. I hope he's at least more careful with banks than with investors.

The studios, library, etc. are probably worth a good chunk of change, but I just don't know if there's any equity value left in them since we already have apparently around $7 million in debt on the books.

[MB3]

You can't buy back with no earnings.We dont have enough income to cover expenses.We have a Ceo giving himself Billions of free shares.Dont ever expect a real buyback anytime soon.Qbid doesn't have the $.Now let us get 100 more subs and some Real Advertisers and the picture changes.Until then it will be just talk with no substance.Jmo.