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Re: clearcoated post# 11

Wednesday, 04/22/2015 8:42:52 AM

Wednesday, April 22, 2015 8:42:52 AM

Post# of 45
Yes, but, CCCR CEO is charged for criminals and had detention by government authorities:

WUJIANG, China, via ETELIGIS INC., 04/22/2015 - - China Commercial Credit, Inc. (NASDAQ: CCCR) (the "Company"), a microfinance company providing financial services to small-to-medium enterprises (SMEs), farmers and individuals in Jiangsu Province, today announced that the Listing Qualifications Staff (the "Staff") of The NASDAQ Stock Market LLC ("NASDAQ") notified the Company of its decision not to initiate delisting procedures against the Company and that the Company's common stock will resume trading on NASDAQ today, April 22, 2015.

Instead of delisting, the Staff issued a Public Reprimand Letter based on the Company's failure to make "prompt disclosure to the public" of material information related to the unauthorized transfer by its former Chief Executive Officer ("CEO"), Huichin Qin, of approximately $1.1 million from a Company bank account to his personal bank account (the "Transfer"), as well as his subsequent detention by Chinese governmental authorities.

Sooner, going to pennies and will be delisted shortly!

Criminal charges and Frauds!

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