China MediaExpress Holdings, Inc. (fka CCME)

[Jtechkid]

CDCAQ-CDCSY
Two asian stocks with parabolic moves-
CDCAQ 7cents to about 5$ since december
CDCSY-90cents to being bought at 11$-

Both related-
Thats about it- The problem I see is their is somewhat fraud on the whole group(prob minor or all out) and I believe trying to get out of is tricky in which even small fraud the CEO should go to jail. Since the CEO controls these companies LITERALLY its a tough situation. Either admit the mistakes and move on but this puts CEO in big trouble with lawsuis and prison or do nothing and screw USA shareholders- Look at FUQI- the CEO pledged 70mill to local Banks for collateral without reporting it - the money has been moved back but no news since and fuqi has 20mill market cap. The problem is CEO is sitting down with lawyers and their telling basicly its maybe not a huge deal in China but what you did was illegal in which your liable for massive lawsuits and prosecution by the SEC even if you move forward- Say CCME is 60% real with 120mill in net cash- value about 3-5$ but coming out Zheng and others are still liable for fraud and prosecution so what do they do?