Replies to post #32009 on China MediaExpress Holdings, Inc. (fka CCME)

[CanZen]

I only own a little of the stock and it doesn't influence my rational and logical approach to these circumstances. The fact is there is no conclusive proof at this time, and for the NY Times to say that fraud has been demonstrated clearly lacks journalistic integrity.

The fact is that pointing to a lack of PR is just the sort of non-evidence that shorts have been using. It may have convinced you and others, it does add to weight to accusations, but it certainly doesn't conclusively prove anything other than what Michael has suggested about mgmt being totally shit by not supporting those that had trusted them.

[bpositive-]

Fair enough assumption based the string of events for CCME but those are still assumptions.
The way i see it , there have been PR's to some degree (albeit the negative kind, with possible lone exception of DLA/PWC combo). Those PR's may not be the one's that everybody liked and can be viewed as minimal communications from the company none the less they were / are PR's. unlike the proven frauds which had zero communications and didn't fight for anything.

That said i am not holding my breath either.

Also is it me or majority of the ones that have been proven / alleged frauds had DTT as the Auditor? at least for an year?