Replies to post #79923 on China Growth Stocks

[joenatural]

Like KPMG ? ........

"Like I said certain auditors will sign you anything."

[Koufax]

CCME I don't seen CCME filing a 10K in time to satisfy the NASDAQ. Clearly there has been monkey business, and clearly the company prizes the ability to operate in the shadows more than it prizes its NASDAQ listing. When confronted finally with the difficult choice -- disclose everything or lose your listing -- I'm betting that they will let the listing go. Further pushing them in that direction is the liklihood that correcting their errors requires them to admit that they did not hit the numbers that their Starr contract required them to hit, and thus the CEO owes Starr a lot of money. Right now, it is unclear. Better to be unclear than certain about a massive personal liability.

And no accounting firm will back up their lies. The exposure is too great right now.

[researcher59]

CCME - I think there's a 90% chance of a delisting with trading to resume on the pinksheets by late May or early June ..... the company is going through the formalities of the appeals process now, but I don't think they're serious about remaining listed .... ultimately they'll go dark and screw the shareholders, much like RINO, imho.