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Form S-8
http://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=9674372-860-92748&type=sect&TabIndex=2&companyid=3314&ppu=%252fdefault.aspx%253fcompanyid%253d3314
this could be the reason why the stock is not going up.
Scroll to page 10
the judgement on the arbitration next month will be the turning point.
i am out for the day . good luck.
it doesnt mean anything. just like CAGC that is delisted today. it is also at the same category.
http://www.otcmarkets.com/stock/CAGC
interesting CAGC is trading at PE of 10 compared to <1 for CCME.
ya its perfectly understandable.
No i am not. I will just try to get info on the court filings and info from lawyers as they come live.
But i expect you to be back when CCME business is real and growing strong =) Crosses fingers.
Good luck Koufax.
just walk away and come back next month. no point watching the daily depress swings on low prices. If you have money, fly to Hong Kong and attend the court case. You will feel better that way.
I do agree this is not the best way about it, but the share prices will take care of itself when CCME prove itself legit in court.
I dont think there will be any more hit pieces on CCME when that happens. they will have no case against it. Its clear sky from there.
Good luck.
sure anything is possible.
Saw this updated on their website.
http://www.ccme.tv/eng/ir/press/p110519.pdf
They clearly underline we intend to appeal :) Why would they do that if they really feel they are unjustly treated by the shorts and the exchange? Might as well go dark like RINO.
also from time to time , we goto remind ourself of this.
http://www.ccme.tv/eng/ir/ceo_letter.pdf
CCME is at war here, the winner is still unknown. I intend to stick around to see the outcome.
Too many unknown to just throw your hands up and give up. Sure its painful to see the stock get crushed from 11 to 2, but its only paper loss. Just like the stock going up from 7.50 to 24 and its only paper gain till you sell! =)
yup. its still going on. I am pretty sure they need this to stand a chance in the Starr lawsuit coming up . They will use it as evidence to throw Starr case out and to prove the business is real and legit.
I am just trying to be reasonable instead of all the end of the world cries.
I told many people i spoke to Ping Luo regarding her DD on CCME. Even today she stands by it.
The Starr lawsuit will be very telling if the business is real. I believe it starts sometime next month. I will keep a close eye on it. I expect CCME to win the lawsuit and we will be back to at least 10 dollars based on earnings of 3 dollars and PE of X3 for this space. To add to this, they have 5 dollars cash and book value of 5 dollars too.
1 month to make extraordinary gains while risking 1 dollar downside. Pretty good risk to reward ratio to me :)
Good luck to us =)
CCME makes about 3 dollars a share. If the forensic audit comes clean, no way it should be trading here. People bailed out without wanting to know the truth but the mass distortion of the shorts and the unscrupulous action of Nasdaq to just delist a stock. CAGC was also delisted without fair time warning today.
RINO went dark and the stock traded at 2 dollars based on nothing. DID CCME indicate they will go dark anytime soon? Nope. The company intends to fight to the end.
The company haS done everything right so far in hiring a reputable law firm and a big 4 audit to do the forensic audit. Mr Cheng Zheng is just not very communicative. Their PR should be better imho.
I am not sure why people are willing to sell at 2. If worse case scenario CCME is a fraud , u will lose another 1 dollar at most. If it isnt, this stock will head back to 10 dollars in a heartbeat.
I am positive CCME business is real or else Cheng Zheng would have left the country already since his entire wealth could be taken away from him in Hong Kong on Starr lawsuit next month. Also, Ping Luo extensive research confirms it. Just need all the confusion to clear and people who have been holding since 10 dollars will be rewarded when the stock gets a fair valuation.
JMHO. I bought some more at 2 yesterday and today. Good luck.
Nasdaq highest gainer. Good CC this morning.
its not too late to buy back . at 3.50 its still a discount. should be back to 5 dollars in a hurry . fair valuation is around 12 bux bases on p/e of 6.
Big big numbers. Glad i added on weakness. should be back to 5 bux in a hurry.
Congrats to people who held. More news coming on share buyback, oppeinheimer meeting, growth plan etc.
PE of 2 on a hot commodity bromine.
nice, people seem to realized how cheap this stock is. they have done everything right so far in terms of filing with SEC on those allegations.
Just need the 10Q monday.
Good luck to those still holding.
GFRE will issue some share buyback after the 10Q.
Seems like its the best time or never.
IR said everything is going accordingly and expect news soon.
Bought some GFRE today hopefully things turn out good.
Good luck.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=63023776
seems like word getting out.
Could be shady business? Not sure.
Joenatural, whats ur take now?
talked to REDCHIP, apparantly they terminated relationship with them.
Sold out of entire position at 1.02.
I am not sure whats going on with the company.
But from what i heard, they are stonewalling on a few things.
sorry for sharing info. Just sharing the DD i did. I was hoping someone did the same thing and tell me otherwise.
You dont have to believe me, just give them a call.
I hope i have been misinformed am wrong and they file soon and you all will make money.
Take care and good luck.
it comes down to 12 dollars or higher or nothing now.
Thats what it comes down to.
Nothing else matters.
If investigation clears, we should thank cheng zheng for his hard work and his feb 7 letter he promised and kept. I also owe him an apology for not siding with him till the end(although marco did resigned when he stated otherwise.guess its beyond his control).
If not, just be mentally prepared( I am right here now).
i still do not trust the management. But today news may be a glimmer of hope.
just saying again the DD and chat i had with ping luo.
Good day.
well ping luo did show that the business was real and their customers were real and i said many times i still trust her after talking to her.
So i guess if the investigator can verify it , we should be ok.
Just hope its not too late with the "regulators"
well if admiral can respond to that publicly that would be great. =)
"Renfro Energy Inc. or Renfro energy LLC? Big difference. I already saw your other post showing those oil leases are in the name of Renfro Energy Inc. BRZL merger is with Renfro Energy LLC not Renfro Energy Inc. the owner of those oil leases. Most people don't know there's two separate companies. A good one Renfro Energy Inc. and a not so good one, Renfro Energy LLC. I know the diff and you obviously do as well because magically now you have edited the DD info to only say Renfro Energy, the Inc. disappeared. Now second piece of info, what's the email say from Jim about his 488 million shares of BRZL say. The email from Jim says those shares are in the name of my company Renfro Energy Inc.
Who is BRZL merging with, yup Renfro Energy LLC. What company owns the oil leases and the 488 million shares of BRZL, Renfro Energy Inc not Jims LLC. All the good stuff is in Renfro Energy Inc. not the LLC you guys are getting. The 488 million shares, the oil leases. Do you think people will bum too hard when they find out all those oil leases are not owned by Renfro LLC according to the records you provided everyone?
I don't know how this burns you yet, but that LLC Inc. two company thing is the catch in the deal, the fox in the hen house....the so close but so far of the deal. Call it a hunch. hope I'm wrong and you hit a big winner. But my spider sense is tingling danger."
curtesy of rainmaker
no. its the same. if they committed fraud, they goto jail.
not sure why you are not seeing it.
Basically PUDA offered a buyout at 12 dollars when Geo/Alfred said its a fraud.
Thats 100 percent premium to the closing price.
Also lots of people shorted the stock when it was halted.
If it never trades again, shorts will be paying 15 bux + for the shares. I would not be surprised if it goes to 40 dollars if they really couldn't get any shares for sale.
CCME does not need nasdaq if they really make the amount of money they supposely make.
Its no point staying here.
Just show the money mr Cheng Zheng. What is 9 dollar buyout when the company makes 3 dollars a year.
They can relist in HKE and get a fair valuation of PE X 20.
Its a no brainer.
If i were him with the Ego that he has, ill just shut everyone up with money.
ALL lawsuits, all speculation will be out the window. And CCME will prosper and be the juggernaut of China in 5 years.
"The Company has initiated a search in order to identify an independent and appropriately qualified director to fill the vacancy left by Mr. Kung's resignation in order to ensure the Company's compliance with the Nasdaq Rules.
"
not that it means anything. I still think buyout is all we need for this to open at 20.
Even a 9 dollar buyout is enough to satisfy Starr and move things forward.
They can take their listing elsewhere. Hong Kong will be the biggest exchange in the world in 10 years. What is Nasdaq?
nothing will save this company except a buyout. thats the bottom line.
Whatever he said or people working for CCME says can longer be trusted.
Show the money is the solution.
Cheng Zheng needs to stop being nasdaq dog and just go with buyout like PUDA
TAIYUAN, SHANXI PROVINCE , China , April 29, 2011 /PRNewswire-Asia-FirstCall/ -- Puda Coal, Inc. (NYSE AMEX: PUDA) (" Puda Coal " or the "Company) today announced that it received a preliminary non-binding proposal from its Chairman, Mr. Ming Zhao to acquire 100% of the outstanding shares of common stock of the Company in a going private transaction at up to $12 per share in cash. Mr. Zhao proposed to finance the proposed acquisition with a combination of existing cash on hand and external financing sources. A copy of Mr. Zhao's proposal is attached to this press release.
In response to the receipt of the proposal, the Company's Audit Committee composed solely of independent directors will review and evaluate the proposal and, if appropriate, negotiate its terms, and take any other action in connection therewith. The Audit Committee has requested detailed information and documentation from Mr. Zhao relating to the proposal, including information pertaining to matters that are subject to the Audit Committee's previously reported on-going investigation, necessary for the Audit Committee to evaluate the proposal and provide a recommendation to shareholders.
you are not getting sharss at .005 sorry
joint venture will happen. You will just sit there and watch everyone gets rich
imho those new shares filed were in anticipation of a joint venture.
the Company intends to drill at least one gold property in a joint venture pending the availability of additional financing
So imho, he has yet to lie like many have posted here and imho eventually people will get their BVIG shares like he promised. And imho one day katx will strike gold cause he really believes in his property.
Katx has been unfairly punished and beaten down. this stock should go back up soon.
Update:
Finger cross on the appeal process.
He said that no more BOD will resigned but apparently Marco stepped down. Shrug.
I really do not know whats going on internally. Everyone in CCME is hush hush now. Cannot get any info from anyone.
However i can confirm that the business is going strong,they are adding new clients daily, and the company has never been stronger in terms of making money. They are also hiring to expand this growth. I confirm this by checking jobs in SINA.
Also on the posiive side, fraud is not proven yet.
Good luck.
NEWS. GOLD PROPERTY. JOINT VENTURE.
Over the next twelve months, the Company expects to maintain all of its six mineral properties and possibly acquire one additional gold property. The Company intends to drill at least one gold property in a joint venture pending the availability of additional financing. The Company’s current budgeted cash requirements of $650,000 will allow it to maintain its existing mineral properties and to drill on the gold property. With the Company’s on-going financing campaign, it is anticipated that the Company can increase its budget requirements and continue to acquire attractive mineral properties. The Company will continue to employ its current 5 employees along with engaging the services of a geologist on the monthly contract beginning in the second quarter of 2011.
if things work out, it will definately put a full stop from stocks getting attacked in this sector and good companies deserve fair valuation =)
They business is still growing, they are actively hiring, and i have been assured by management that the company is fine and Cheng Zheng personally thank us for our support.
He also personally said no more board of directors will resign at this time. Only the outsiders did ( Mr lam, dorothy).
Talked to Ping Luo and she stands firm by her research.
IMO, maybe short term the uncertainty will cause some volatility in the stock.
But over the long term CCME is still a viable company.
http://www.ccme.tv/eng/ir/faqs.php
I am thinking of adding shares pending price and nasdaq outcome.
I am sure first day of trading the stock will be down =)
Just my 2 cents.
So CCME is still fighting.
On April 4, 2011, China MediaExpress Holdings, Inc. (NASDA: CCME) (the "Company" or "CCME"), issued a press release, attached to this Current Report on Form 8-K as Exhibit 99.1, reporting that the Company received a letter on April 1, 2011 from The NASDAQ Stock Market indicating that it failed to satisfy the listing standard specified in NASDAQ Rule 5205(e) and, as such, its securities are therefore subject to being delisted from NASDAQ. Specifically, the Company has failed to file its Annual Report on Form 10-K with the Securities and Exchange Commission on a timely basis. The Company has appealed this determination and requested a hearing before a NASDAQ hearing panel.
its in the best interest of Nasdaq and China that CCME comes out clean.
I am sure they want other chinese companies to keep listing on this exchange.
If ccme gets destroyed, i am sure a lot of chinese companies will take their listing/ business elsewhere.
Why go through insanely low valuation and spend lots of money on an auditing firm when they can just list in HK where accouting is a lot easier / loose there and get a fair valuation of PE x20 and X30.
Lets hope the plan submitted, as promised by the CEO, is good enough for more time to do some house cleaning.
Enjoy weekend.
2 cents.
If the stock stays halted for 2 months, we stand a better chance to know what really went on in the company.
april fool by brokerage?. I dont see how this is april fool if its really one.
CCME issued a 30 million buyback
CBEH a 20 million buyback
TSTC a 5 million buyback
CEU i forgot how much buyback.
Some of these companies are but whether they do it or not its another question.
nope. sorry