Replies to post #28192 on China MediaExpress Holdings, Inc. (fka CCME)

[GorillaGorilla]

Dunno how the plans are presented. They might be just put on the desk of NASDAQ and the company and NAS come to an agreement (or disagreement). I'm not expecting a PR.

The definitive answer on "does the CEO want to remain listed" will be in the next week or so - I'd have guessed.

rich

[ccmeshareholder]

But who would buy Zheng's shares? The Lin bros were out. And Starr also wants out.

If there's a viable business, then some competitor can come in for pennies to the dollar. Zheng would be too stubborn to take such a deal. He spent the last decade growing CCME after all. If the company is an empty shell, no one would bother acquiring Zheng's shares. Therefore at this moment I still think that Zheng is also stuck with his own pile of shares.

Andrew commented previously on Marco Kung. And I think he has a good point. There's so much smoke and mirrors going on that no one bothered checking Marco. According to Forbes, Marco is the current financial controller and company secretary of Wuyi. The fact that he works for the Lin bros and still sits on the CCME board (audit committee) bothers me.

http://people.forbes.com/profile/kung-marco/141682

If the conspiracy is true, that Wuyi's special dividend is actually CCME's cash to pay the Lin bros, then Marco is the perfect candidate to pull such a stunt. There were discussions that Jacky acts as a glorified IR despite the CFO title. Either Zheng is an accomplice or needs to clean house.