China MediaExpress Holdings, Inc. (fka CCME)

[Jtechkid]

Chinese frauds are the worst because their is zero transparency,accountability, and prosecution. Their are frauds and companies go bankrupt all the time in the USA -However, bond holders usually get 20-35cents on the dollar in bankruptcy and if their fraud like Enron-Worldcom people go to jail and theirs closure. The chinese frauds have zero debt so equity owners own the whole company. If CCME was 50% fraud, had 45mill left in cash-their would be still liquidations value say 3-6$- obvious thats the HUGE mistake i made that there would be zero ANYTHING-just disappear - VERY SAD because at least you want closure on what really happened-what was deal with Ping? whats the deal with staar? wheres global hunters due diligence file on everybody ping interviewed-standard stuff? How is the linn's brother, marco Kung still involved in publicly traded company? As bronte capital said- most of the frauds are involved with the princelings in China so thats why you will see nothing- that makes somewhat sense-
http://www.businessinsider.com/100-dollars-bernie-madoff-four-years-ago-2012-9