A negative video posted on TheFinancialInvestigator's website shows sales staff at China MediaExpress sleeping for hours during an allegedly busy workday, as well as a nearly deserted office of the Chief Financial Officer of China MediaExpress CCME.
China MediaExpress shares have been halted for trading on the NASDAQ for more than three days. A release of material news about the company is pending.
Several research organizations have investigated China MediaExpress, including MuddyWatersResearch and CitronResearch. Two in-depth investigative stories can be found on the Benzinga website here: Part 1 and Part 2.
The video and commentary from TheFinancialInvestigator can be found here.
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