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wadegarret

02/17/11 5:15 PM

#131765 RE: stock_peeker #131762

peeker- CCME

Muddy Waters says he doesn't care what Global Hunter(who is actually in China on CCMEs buses) says about verification of over half the buses(with only their major accounts), over half the revenues(again with only their major accounts), and all of the major advertisers. He says its not true. He says he's going to SEC with transcripts that will prove the company a fruad. He said he's going to Deloitte and showing them documents and transcripts that will prove CCME a fraud. He says he will come out with these transcripts within a reasonable time.

All I have to say is, Muddy has nothing, and that's why his empty intimidation today without proof of anything. The most amazing thing about all this is, when a detailed report came out this morning by Global Hunter disproving every single one of the shorts claims with on site proof in China, the stock only slowly went up around $2.70 in 5 hourse. Then in 5 minutes, one guy who isn't in China, has not verified anything, and with empty threats can make the stock lose 50% of those gains. Unreal ! Wade