Replies to post #27176 on China MediaExpress Holdings, Inc. (fka CCME)

[coma]

I find it bizarre that the only "evidence" put forward is the Citron & Muddy Waters "reports" that have been demonstrated to be at least suspect.

If anonymous tip-offs from fund managers (positions unknown) weighs more than the work DTT do then what are they getting paid $500,000 to do?

To quote Lucy Kellaway in today's FT....

"The better she got to know China, she said, the less she expected to be able to get to the bottom of anything".

[playa55]

I guess this is why Cheng's been quiet since the halt.

As brutal as lawyers can be, they don't seem to know the actual extent of the misrepresentations they claim, which I guess is a good thing. If it was a total fraud >50%, the language would have been even stronger, imo.

[JurgenLL]

Is it me, or does anybody else asks himself, what Dong was doing on the BOD? Everything in this doc seems to be public knowledge. Is this all Starr has? Or is this a FUD fake?
At least on last years numbers, Starr should have some of their own data to put into the complaint.

Seems Starr is/was just as much in the dark like the rest of us.

more confused than ever :-$

Obviously not, in the time it took to write, 10 similar posts...

[RedBull77]

This backs up my theory/thought that the shorts actively campaigned to create the event they all "warned" us about (DTT's resignation). If Deloitte quit because they were getting too much heat, that's messed up. The shorts have a big new weapon in their arsenal.


Look at all these "anonymous tips" and various funds sending allegations to Deloitte.

I strongly believe that Deloitte was taking too much heat and bailed at the last minute, thinking that they could clean their hands.