Replies to post #27390 on China MediaExpress Holdings, Inc. (fka CCME)

[playa55]

so you can buy a reverse merger, run up the share price, sell your shares without reporting, have someone sue you, declare bankruptcy and keep the underlying business?

that sounds like a great business model. why didn't I think of that?

[PLAYER ONE]

The fact here is, if CCME goes, management still get to keep his subsidiaries. Not if it is proved by Chinese authorities that management screwed some Chinese investors. The punishment will be quite harsh.Their money, their subs and perhaps their life.