China MediaExpress Holdings, Inc. (fka CCME)

[CanZen]

I certainly feel like LongTop was the nail in the coffin for CCME. Seems very likely that this is what occurred and explains how so many were duped. I suppose it may not account for client checks by Ping, so there is some hope some revenue is there, but in all likelihood there isn't much of that cash around anymore.

Just waiting for resignations at this point. Chances of even a slightly positive outcome at this point would have to be around 2-3%.