China MediaExpress Holdings, Inc. (fka CCME)

[chensiona]

With regards to the allegations of a poor credit rating, its just that, an allegation. If anything the poor rating could be because of the lending restrictions from the PRC or because CCME doesn't really have assets other than the cash on hand. Can't remember if the cash was in HK or mainland which also might have something to do with it who knows.

Either way even if it were true, I'll side with Starr who just excercised the warrants and top four Deloitte.