From eric on YMB
I have received the second reply from the CEO. My original emails was
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Mr. Cheng,
How are you doing!
I have just read 8K report. Things do not look good at all. On web BBS, there are only one side voice: CCME is a total fraud. But I still believe CCME is a good company, just having some bookkeeping problems.
Currently, the number one important thing for CCME is to avoid Nasdaq delisting. No matter how unreasonable the requests are from Nasdaq, CCME must try its best to satisfy Nasdaq requirement. Now Nasdaq must be under tremendous pressure to delist CCME. The best scenario to CCME is to look like the case of NEP, halted more than three months and re-opened after 10K was completed.
As long as CCME continues to fight, the truth will come out eventually.
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CEO's reply:
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The company does not have a problem. We will fight to the end. Thank you for your continuous support.