Replies to post #30096 on China MediaExpress Holdings, Inc. (fka CCME)

[dipstick55]

Thanks justice for some clarification. These rules (and all laws) are written so one MUST hire an attorney to get to plain English. Attorneys write these partly for that purpose. Suppose to be for the "people", but that has surely changed over the centuries...Speculation AGAIN, perhaps this drags on a little longer...For me, I need an interpretor just for SEC filings!!! LOL
Whats the truth is that the Nussbaum article is all BS. He will do nothing to stop the very things that bring him cases...Ironic or 2-faced...call it what you will. RTO chasers instead of ambulance...:-)

[bullmarkets]

My message is revised.

-Andrew

[valuzzzz]

seekingjustice2 makes some good observations RE: the rules...

The denial of the cure period may have occurred due to the fact that a hearing is upcoming...

The rules are available to sort through, but confusing & time consuming... (Not A Lawyer)

This is one I found that makes me think that CCME is still working this through...I may be wrong...Just Too Much Speculation Till The Facts Are Out...JMO...

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http://nasdaq.cchwallstreet.com/NASDAQTools/PlatformViewer.asp?selectednode=chp_1_1_4_2&manual=%2Fnasdaq%2Fmain%2Fnasdaq-equityrules%2F

(d) Additional Deficiencies

The Listing Qualifications Department continues to evaluate the compliance of Companies while they are under review by Adjudicatory Bodies and may identify additional deficiencies. Upon identification of an additional deficiency, Staff will issue an additional notification of deficiency to the Company and send a copy to the appropriate Adjudicatory Body.

(1) Staff's notification of the additional deficiency will conform to the requirements set forth in Rule 5810(a) if:

(A) the matter under review by an Adjudicatory Body is a Public Reprimand Letter; or

(B) the additional deficiency identified is one that has an automatic cure or compliance period.

(2) If the additional deficiency is one that would in the normal course result in immediate suspension and delisting, or one for which the Company may submit a compliance plan to Staff for review, Staff's notification will instruct the Company to address the issue to the Hearings Panel at its hearing, unless the hearing for the original deficiency has already taken place. If the hearing has already taken place, Staff's notification will instruct the Company to provide in writing, within a specified time period, a submission that addresses the deficiency to the Adjudicatory Body before which its matter is pending.

Adopted March 12, 2009 (SR-NASDAQ-2009-018); amended Jan. 29, 2010 (SR-NASDAQ-2009-077); amended Oct. 14, 2010 (SR-NASDAQ-2010-107).