Since Ping quit/got fired I'll post the emails she sent me back on March 14th. FWIW. I'm sure anyone else who sent her an email that day got something similar. (Ping's messages are in bold)
Sent: Monday, March 14, 2011
To: Ping Luo
Subject: CCME
What do you have to say for yourself and your research? I trusted your work, what happened?
From: Ping Luo
Sent: Monday, March 14, 2011
Subject: RE: CCME
I did my honest work, my report is based on what I heard and saw.
If I am wrong, then the management has colluded 35+ people to lie to me.
But we don’t know yet, I suggest you wait until the audited report come out to say what you need to say.
To: Ping Luo
Subject: Re: CCME
Thank you for responding. It’s just that none of it makes sense right now, too much DD was done to have it just blow up in our faces like this.
From: Ping Luo
Sent: Monday, March 14, 2011
Subject: RE: CCME
True, both Starr and Deloitte have been with them for a year.
It may appear to everyone it is the end. Somehow I don’t think it is. Again I suggest you wait for the annual audit. I think most likely the stock will remain halted until then. We cannot do anything right now anyway.
