China MediaExpress Holdings, Inc. (fka CCME)

[Headley Lamar]

These conversations are a direct result of the lack of action by management. People will fill the void with nonsense all day long so long as they are sitting on all this cash and doing nothing with it. At this point, people are thinking their cash position is BS because they have done nothing with it. I can't think of another company that I have ever followed that spent such a small % of their cashflow in an expanding market.

They have been executing on these piddley contracts of a few hundred busses here and there, but are yet to make a significant move with their money. If there are not any good acquisition opportunities out there that is fine, I don't want to see them make a rash and unsound move just for the sake of expanding, however they should come out and say that they don't see any anything good at this time and put that cash to use in some other way. Buying back some shares will provide a good return on their investment. A dividend would provide a good return for all shareholders, of which they are the largest.

Any of these options would be better than sitting on cash that is earning next to nothing while the shorts destroy all of our holdings.