Replies to post #16874 on China MediaExpress Holdings, Inc. (fka CCME)

[rjeezy007]

I know I agree to a certain extent but I'm just trying to state a point that a company is free to switch auditors and sometimes budgets are the reasons that companies do. The audit might seem like a small portion of the cost but if you think about it if the audit goes way over budget, you could have used those funds to pay a few employees yearly salaries or invested those funds back in your company right so looking after each cost counts. I would think that the Chinese are all about cost cutting and keep costs under control.

I know the situation that the company is in is unfortunate because of the short-sellers and if Deloitte wants to look further than the company should certainly allow them to. The reason being I think a signed off 10K will do wonders for the company.