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Post# of 34471
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gunnar

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gunnar

Re: None

Thursday, 02/03/2011 2:37:42 PM

Thursday, February 03, 2011 2:37:42 PM

Post# of 34471
The heart of their claims is that the company's own advertiser kit shows only 12,000 buses. They are basing this on a spreadsheet they claim they got from CCME. However the link they provide to the spreadsheet on their own site is broken.

http://www.muddywatersresearch.com/wpcontent/uploads/2011/02/2011_CCME_BusInfo_ByCity.zip

I find it difficult to believe that CCME has been telling advertisers they have less than half the number of buses that they tell investors, this sounds like a case of outdated information or some other explainable issue. If Deloitte verifies the cash transactions, this is all B.S. in the long term.
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