China MediaExpress Holdings, Inc. (fka CCME)

[UpstateChris]

One thing that the shorts (and others) are missing is that in an audit it isn't simply looking at a bank statement and seeing the cash in the account. If it was that easy accounting would not suck as much as it does... There is a lot more to it - like verifying the source of the cash, average balances over time, etc. I am not an accountant but I have hired a firm to audit my business and have been through this on a smaller scale. If Jacky had that much cash in his personal bank account and moved it over to CCME's for the audit, it would not get signed off on. Perhaps someone with actual accounting training could explain further...