Replies to post #31347 on China MediaExpress Holdings, Inc. (fka CCME)

[bullmarkets]

The CCME legal team received notice yesterday at or about 5PM. At least I can say for sure that I e-mailed two lawyers at Loeb and Loeb at or about that time (one of which was Mr. Nussbaum); I cc'd two shareholders and CCME's PR address too. Another shareholder/lawyer sent his own e-mail to these Loeb attorneys and CCME; still another shareholder/CPA also sent his own e-mail to these Loeb attorneys, ccing CCME as well.

The sum and substance of my e-mail was:

"Dear CCME Counsel:

If you were not aware, CCME (China MediaExpress Holdings, Inc.) lists as opening Pink tomorrow 5/19/11:

05/18/2011 13:05:25|A||CCME||China MediaExpress Holdings, Inc. Common Stock|05/19/2011|From Q (CCME)**|||u|Y|100|Y

Source: http://www.otcbb.com/dailylist/txthistory/BB05182011.txt

If CCME has any intention [to make a filing or issue] an update or news, now would be a good time.

As an attorney, I understand that the advice Loeb provides to its clients regarding their obligations to report with the Securities and Exchange Commission, NASDAQ or otherwise is a confidential matter and discussion with parties unaffiliated with the issuer compromises Loeb's clients' position. Accordingly, I do not request a reply."

Let's say I was first to tell Loeb. (I doubt this very much). This kind of firm has the means to stay up to date on all such inbound correspondence and to rapidly prepare for such response. Moreover a firm handling publicly traded companies and SEC matters is paid to be prepared in case of an adverse ruling. At least they should be so prepared. This is why today's acknowledgment of the delisting notice without more was particularly disconcerting.

-Andrew

[newblsh]

I believed many shorts (research firms, hedge funds...) worked very hard to convince and push NASDAQ to delist the company ASAP. They are very well organized and work as a team. They have stolen billions of dollars from investors and put many companies into trouble and bankruptcy.

This may also be Zheng's plan to let it to be delisted, since we have not seen any evidences that ccme provided to NASDAQ to convince it that ccme would satisfy or meet NASDAQ requests. All it said in 8k were "the company intend to ...", then nothing else.