Replies to post #17192 on China MediaExpress Holdings, Inc. (fka CCME)

[UpstateChris]

Let's also keep in mind that the majority of the negativity (from CNBC and others) regarding SPAC's was AFTER CCME did their RM. If I am not mistaken, to IPO takes a MINIMUM of 3 annual audited sets of returns plus far more money than the RM. So from CCME's standpoint, save 3 years, save money, no negatives (that they were aware of or that were really an issue at that time). If you were the CEO why would you have NOT gone down that path at that time with the information you had?