China MediaExpress Holdings, Inc. (fka CCME)

[cfgjr]

Cheng has been saying things like that all along, back to the February 7 letter to shareholders. Who knows if he's full of s--- at this point.

We don't have any verifiable info from the company or its attorneys to go on, no PR's and certainly no independently audited results since the end of September, 2010. No investigation updates or results, no data on the Nasdaq listing appeal and why it was apparently turned down. The company is sticking to its claim to have over 27K buses running its ads - is that BS? Who knows......if it isn't, then it doesn't appear that they are adding buses at the rate they once were. Still so many unknowns - IMO, a major reason for the big selloff today and no buying interest. The market has lost confidence in the belief that there is still a real business here.

Still have all my shares as well........