Replies to post #28947 on China MediaExpress Holdings, Inc. (fka CCME)

[Florinda]

Nooneother,

I, too, have thought that the silence from management was in large part imposed by legal counsel. But complete silence? Would it really jeopardize their situation to put out a press release telling investors that they have, for instance, hired one of the very best PR firms in the world, namely, so and so, and some statement about how their job search for a new CFO is going, or similar clarifications? I know virtually nothing about the legal system, so perhaps such a PR would be ill-advised. But some sharp people here have indicated that the need to remain silent ought not to be total. So I'm curious what you think of this line of thinking.

Thanks,

Steve

[RedBull77]

What the CEO SHOULD be doing is managing a clean and transparent publicly traded company with large cash reserves and great growth potential. Instead he's 6 days from the pink sheets and financial disaster for everyone who trusted his ability to lead this company.


From my perspective, the CEO is doing exactly what he should be doing