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China Yida Holding, Co. Message Board

  • ccme_frod ccme_frod Jun 9, 2011 1:49 PM Flag

    Is China Yida (CNYD) the Twin of CCME?

    http://seekingalpha.com/instablog/206618-greg-weston/161723-is-china-yida-cnyd-the-china-media-twin-of-ccme

    Really? Your business model is selling TV ads on trains?

    CCME’s business model was selling TV ads on monitors on buses. CNYD claims to have its fingers in several different lines of business, including selling “infomercial” time on trains. Now CCME’s auditor has resigned, questioning the accuracy of its bank statements, and its largest outside investor has filed a securities fraud suit against it. There are several other reports suggesting the whole company is a sham.

    Parallels Between CNYD and CCME:

    CCME: Chinese reverse merger stock

    CNYD: Chinese reverse merger stock

    CCME: Claims huge profits and growth selling ads on buses

    CNYD: Claims huge profits and growth selling ads on trains

    CCME: Recommended by disgraced Chinese stock promoter Ping Luo

    CNYD: Recommended by disgraced Chinese stock promoter Ping Luo

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