Replies to post #19469 on China MediaExpress Holdings, Inc. (fka CCME)

[Drexion2004]

We all know the explanation, TraderFan. CCME gets 70-75% of its revenues from ad-agencies and as such most (or even all) of its top10 clients will obviously come via those agencies. Which means those end-clients will not have a direct connection to CCME, and calling them to inquire is simply the wrong strategy to pursue.

Obviously some people do not trust Ping Luo's due diligence, even though she has provided all details of her work to Global Hunter's compliance department (Thus in effect making it Global Hunter's due diligence, not Ping Luo's alone). The likelihood of them being complicit in this is pretty small, shrug.

-Fernando