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Not that it matters however interesting that volume has picked up
Hey Guys,
Curious..if CCME is such a total scam...why is there still investors purchasing shares...
Jtechkid...
Do you have any info on what happened in court yesterday that you can share..
Eberndorfer...
TF was probably your typical dweeb in high school that was beat up by girls daily...And now he's taking it out on the world...
Hey Thomas Franklin...
Do me a favor....Don't reply to my posts again....Have a Nice Day...
Jtechkid...
Wasn't today Sept 30 supposed to be when we all finally find out the truth about CCME...I thought Sept 30 was the date that CCME and Starr agreed to...
has any news leaked out?
Eberndorfer..
Curious how did you come up with the following cash value figure..
"I guess their cash value is probably somewhere between 20 - 30% of what they claim to have"
Eberndorfer..
If CCME is truly a fraud...why would Starr waste his time suing since the company has no real assets...
Eberndorfer...
The following was posted on YMB...
"according to 2009 yr-end audit report ccme had $57 millions in cash and no debt."
So how can they be at "best a small chicken-shit company" as you claim...
The following info was posted on YMB...
"Latest Pacer Info...so they've given everyone more time to respond (9/30). The requested extension time is getting shorter which often means they are getting closer to responding or they are working on a settlement.
SO ORDERED, re [46] STIPULATION TO EXTEND TIME to ANSWER amended complaint to September 30, 2011 filed by China MediaExpress Holdings Inc., Zheng Cheng, Set/Reset Answer Deadlines: AJ Robbins PC answer due 9/30/2011; Bright Elite Management Limited answer due 9/30/2011; Zheng Cheng answer due 9/30/2011; China MediaExpress Holdings Inc. answer due 9/30/2011; Deloitte Touche Tohmatsu answer due 9/30/2011; Jacky Lam answer due 9/30/2011; Thousand Space Holdings Limited answer due 9/30/2011. If Defendants file motions in response to the Amended Complaint, Plaintiff shall serve and file answering briefs to Defendants respective motions on or before December 21, 2011; and Defendants shall serve and file their respective reply brief(s), if any, on or beforeJanuary 31, 2012. Signed by Judge Sue L. Robinson on 9/14/2011. (fms)"
Has anyone had any recent contact with Amychan...
She supposedly had contacts with info on CCME
Redbull77....You may find this hard to believe but try living with skyrocketing energy prices and see how fast your personal freedoms evaporate....
Hey Guys,
Getting off CCME for the moment...it seems that OBAMA is on track of destroying the US capitalism system and replacing it with a European socialist model....done under the guise of saving the environment
Getting ready for a wave of coal plant shutdowns....
http://www.washingtonpost.com/blogs/ezra
Obviously this will cause skyrocketing Energy , Food Prices and the Spiraling downward of the USA Economy....All by design!!!!....
Does anyone out there know Cheng's home address...
hi value 1008,
Nice to hear from you...Please accept my apology for saying that about Amychan...
Regarding CCME who knows maybe theres still some glimmer of hope once this mess gets resolved..
Has anyone heard from Amychan...or was she just another fraud like anything associated with CCME
Jtechkid,
for argument sake lets assume CCME is legit...Why wouldn't they start buying shares back at these prices..any theories
The following link was posted on YMB.... Top 10 Most Profitable Advertising Stocks
http://www.bricfinancialnews.com/4_china/companies_a_z/2340_china_mediaexpress_holdings_inc_amex_ccme
really...thats good to know...give my buddy my best...
"Just so you know,if you already didnt, ThomasFranklin on YMB(thomasfranklin37) also posts here under the Id 'ValueInvestorToday'."
The following was posted on YMB by my favorite "JERK" thomasfranklin...Do you think his assumption is correct..
As of 6/24/2011, Loeb & Loeb LLP was representing CCME in court. I have found no documentation that proves DLA works for the company. The only mention I've found was from CCME which stated that DLA was hired by Loeb, not CCME. We'll find out soon enough but I speculate that they don't.
Spinco..
Is that good or bad news..
Heard this discussion in today's CNBC strategy sessions with Peter Siris
http://video.cnbc.com/gallery/?video=3000031531
At around 7min you will hear him say there are 5 companies announcing management buyouts in next 1-2 weeks and then he utters the word "CCME". Watch & hear yourself
Does anyone know whatever happened to Amychan...She supposedly had contacts with info about CCME...
Jtechkid,
What happens when if DLA Piper finishes their audit and proves CCME is legit...will shares be able to trade again...
Suntzutrade...curious how do you know that CCME has a real business...Don't get me wrong I hope your right...but how do you know for certain..
Jtechkid
If and thats a big "IF" CCME is real do you have any theories why they haven't started their supposedly $30 million buy back plan announced way back when...especially at these price levels...
Sorry...My mistake...too early in the morning...didn't have any coffee....lol
The following posted on YMB....Keeping my fingers crossed that its true..
"Sun. Night (US) - Mgmt. Response Scheduled
According to a close friend associated with the Company / CCME ... the Management of the Company is scheduled to complete & review the initial drafts of the response to Muddy Waters report early evening (US time) on Sunday. They are wanting to release the final draft on the wires before the end of business on Monday - which will be late evening on Sunday evening in the States. They want to have all information released to the investing public before the U.S. exchanges open on Monday. They are relatively confident this schedule can be met due to the relative ease in assembling the necessary facts/evidence to retort the Muddy Waters Report. This is the extent of the information I know at this current moment here in Hong Kong."
I'm curious if CCME is really legit why haven't they started their supposedly planned buyback of 30 million dollars especially at these price levels....
MNYC...Didn't you say this week would be a definite turnaround for CCME..What happened...
bUrRpPPP,
Bare with me im novice at stocks...but how can CCME be trading in the $11.00 range when Yahoo finance lists $1.90....I don't understand...
JoeNatural,
Are you buying at this price level or waiting for more new to come out...
All..the following posted on YMB....
"More stupidity within the motion for dismissal.
"On March 18, 2011, Plaintiff filed this action against Defendants CCME, Zheng Cheng, Jacky Lam, and Deloitte Touche Tohmatsu...CCME was served with the Complaint through its registered agent in Delaware on March 22, 2011."
"CCME’s business is exclusively in China, and Mr. Cheng is a citizen and resident of China and does not speak English. Because of the need for translation and other obvious logistical difficulties, Defendants CCME and Messrs. Cheng and Lam requested additional time to respond to the Complaint. Starr refused. On April 11, 2011, Defendants CCME and Messrs. Cheng and Lam were forced to file a motion for extension of time. On April 29, 2011, the date Starr’s opposition to Defendants’ motion was due, Starr agreed to an extension. On May 4, 2011, this Court entered a stipulated order extending Defendants’ time to respond to the
Complaint to June 13, 2011."
So, because of his inability to speak English, it took him nearly 3 months to respond? Now pay attention to this statement in subsequent pages of the document.
"On February 3, 2011, Muddy Waters, LLC issued a “research” report entitled, “CCME: Riding the Short Bus to Profits.”
"CCME promptly responded, first on February 1, 2011,6 issuing a press release..."
"On February 7, 2011, the Company issued a press release announcing that it had made available on its investor web site a detailed seven-page letter to shareholders from the Company’s Founder and CEO, Mr. Zheng Cheng..."
In a matter of days, Mr. Cheng, who doesn't speak English, was able to get an English written message to his shareholders but somehow took nearly 3 months to file a response to Starr's inquiry due to the fact he can't speak English. It seems Mr. Cheng's language barrier only poses a problem when it best serves him.
I would love to litigate this one."
MNYC...Any reasons why the reversal doesn't seem to be happening this week...lack of news
A little humor for the board...Archie has a few words for Obama...
http://www.texasrainmaker.com/2011/04/19/archie-bunker-has-a-few-words-for-barack-obama/
MNYC....Don't get me wrong I hope your right...but I don't understand how can there be a reversal without any news..
Getting off CCME for the moment..China ratings house says US defaulting: report
http://ca.news.yahoo.com/china-ratings-house-says-us-defaulting-report-054309883.html
Sorry...my mistake...
All...The following posted on YMB by WTCBILLS...
"ccme will take off
check out my blog."
I didn't see any new update on his blog...whats he talking about?
Bullmarket...Actually "Don Monfurt" has been posting that shorts better cover...