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 China Mediaexpress Holdin (PINK:CCME)

Tuesday, November 9, 2010
CME believes the cash it generates from its customers, will be sufficient to fund its expansions and payment obligations to the inter-city express and airport express bus operators and CME’s equipment supplier. CME believes that its existing cash resources, the anticipated cash flows from operating activities, will be sufficient to meet both its short-term and long-term liquidity needs, including capital expenditure requirements to achieve its expansion plans and the potential increase in costs as a result of becoming a public reporting company.