Replies to post #24763 on China MediaExpress Holdings, Inc. (fka CCME)

[marchjuly]

no halt for Deloitte resigning DYP case, either.

[Nigel9527]

I totally agree that a resignation won't cause trading halt.

It was 10pm Friday in China when CCME was halted. I don't believe that DT announced the resignation at 4pm on Friday after 3 months working together on the 10-K!

It can more likely be some deal was done during the Friday dinner with another party and they decided to halt the stock in prevention of insider info leaking out.

[FairviewInvestor]

Good Research Chris. some good, basic statistical info to consider. It's encouraging
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[pedro45]

I'm just guessing like everyone else. But if in fact DT has resigned, or there needs to be a restatement of previously reported results, that will presumably effect the timing of the 10-K filing. Under the circumstances (that being the absolute pounding the stock would take if this was announced) it may be that CCME has asked for the halt in order to work on the restatement (hypothetically of course) or to make arrangements with another auditor to take over for DT, then request a filing delay from the NAZ.

Again this is clearly all speculation, I'm not trying to be a downer.

[GorillaGorilla]

Have you got a list of those that you've checked? So other eyes can look over your hard work?

That sounds like something worth looking at, got nothing else on :-)

rich