Replies to post #27845 on China MediaExpress Holdings, Inc. (fka CCME)

[Texbanker]

1. China Media Express is the only company that authorized by China Government and Main business is Bus Audio media system. It has many companies in China.

Glad he confirms the gov't monopoly, but do you know what he means by CCME having many companies in China?

But I am not sure how many we sold to them every year, Maybe between 3000-4000pcs.

How many years has he been selling to them?

Normally this company bought bus lcd monitors from several different company including us.

This indicates that more have been purchased, than the 3K-4K per year.

3. I see your photo, and I know Where the photo from It is a Video that made by an foreign customer. That products is what we make, It is a bus monitor, And linked to a hard disc player(in the front of the car) . Then it can broadcast the advertisement.

What photo did you send him? WCTBill's?

Did you correspond with Tony in Chinese or English? If accurate, this does prove that indeed there is some business going on at CCME. Its sanctioned and supported by the Chinese government, giving them sort of a monopoly. And that they have at least 3K-4K busses providing content, probably more. Good job and thanks for sharing it.

[tothe]

Nice DD, Playa55, good job. That bit of confirming information goes directly into our Long's 18 month folder of accumulated DD & risk analysis.
Confirmation in that CCME's business plan has been expedited and running smoothly to our expectations.
As far as risk we have to wait as the forensic audit clears up "interpritation" of the liquid assets on deposit.
With deposit interest rates less than 1% I don't blame the CEO for putting the money to work via pledged loans as inflation works it's way through China's booming economy.
Maybe we see CCME's industry title change from "Advertising" to "Advertising and Financial Services". ;-)