AI
Saturday, March 26, 2011 10:35:35 AM
Nice DD, Playa55, good job. That bit of confirming information goes directly into our Long's 18 month folder of accumulated DD & risk analysis.
Confirmation in that CCME's business plan has been expedited and running smoothly to our expectations.
As far as risk we have to wait as the forensic audit clears up "interpritation" of the liquid assets on deposit.
With deposit interest rates less than 1% I don't blame the CEO for putting the money to work via pledged loans as inflation works it's way through China's booming economy.
Maybe we see CCME's industry title change from "Advertising" to "Advertising and Financial Services".
Confirmation in that CCME's business plan has been expedited and running smoothly to our expectations.
As far as risk we have to wait as the forensic audit clears up "interpritation" of the liquid assets on deposit.
With deposit interest rates less than 1% I don't blame the CEO for putting the money to work via pledged loans as inflation works it's way through China's booming economy.
Maybe we see CCME's industry title change from "Advertising" to "Advertising and Financial Services".
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