China MediaExpress Holdings, Inc. (fka CCME)

[rru2s]

WCTBills: You think any shareholder or ex-shareholder will receive more than a couple pennies on the dollar for basis cost? I have been given notices of class action lawsuits for other stocks in USA companies and never received anything.

And after having 4.5 years of equivalent salary in investments suddenly go to 3 months salary at age 54, I sure could use recovery. Furthermore, my Plan B may backfire soon as my employer just lost the rebid on a 5 year contract that was 41 percent of total revenue, a contract which we had kept for 20 years.

I ended up selling 40,000 shares of CCME last week at just under $2/share. Now all I have left in my portfolio is $66,000 to pay back my homeequity loan and $23,000 cash. If I get laid off now it won't be pretty. And there is no hope in ever retiring because my 401K was decimated in divorce 10 years ago and at this point my 401K is less than $49,000.

I am not holding my breath for the class action lawsuits to recover anything. STARR Investments will get the only crumbs left because they have juridiction in a Hong Kong court.