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swampdonkey

02/01/11 5:16 PM

#12820 RE: gunnar #12815

Next we will be asking for CCME's login details for their bank accounts to be made public so that we can check the daily balances.
Seriously i dont want CCME management to pander to every clarification. This is going to far.

Deliotte have vetted CCME, they compile their accounts, they have been audited since the SPAC, they have not only checked the balances but followed the money trail. Starr have a board seat have invested 10's of Millions and have FULL ACCESS to CCME's accounts

If CCME published independent reports that $200M was sitting in their accounts does anyone believe that will be case closed? No, they will simply say that CCME took a short term loan from Walmart in Funzou for $200m a printed out a statement.

we cant win the fight against the shorts in the mid term. Patience whether we like it or not will prevail
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bullmarkets

02/01/11 5:16 PM

#12821 RE: gunnar #12815

As a matter of telling the story to the jury, when you are innocent and honest, IMHO, disclosing and verifying more info is better when you are somehow accused of fraud. i.e. feel free to check my pockets, search me, no problem officer.

i.e. http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59416918

Is it right to give up privacy and appear weak? That's another discussion. It's better than losing 50-100MM in Market cap...

(I am long and believe CCME is legit).

-Andrew
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SaltyDawg

02/01/11 5:18 PM

#12822 RE: gunnar #12815

well said again. Makes sense to me. eom
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SuperDrive

02/01/11 5:32 PM

#12828 RE: gunnar #12815

The goal is to make sure that the bank statements come directly from the banks and are not provided by CCME to the auditor... This way no tampering can occur...

If Deloitte are already getting these document directly from the banks then i don't know what can be done to get rid of the shorts...

Isn't that what an audit is?