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  "docSlug": "2d65bb084b06",
  "documentTitle": "China MediaExpress Holdings (CCME)",
  "authorId": "51_Muddy_Waters",
  "authorName": "Carson C. Block",
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  "documentKindLabel": "Research note",
  "sourceTypeSlug": "short_seller",
  "sourceTypeLabel": "Short seller",
  "presentationDate": "2011-03-02 00:00:00",
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      "text": "The extraordinary deficiencies in Muddy Waters' \"proof\" and \"analysis\" – including presenting information for the wrong customer, failing to investigate and report publicly available information, and failing to make follow-up inquiries with CCME – naturally casts doubt both on their capabilities and/or their objectivity.",
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      "kind": "paragraph",
      "text": "Muddy Waters alleges that it contacted representatives of Alsa and Xiang Long Alsa to find out that they only have 20 buses and 60 buses, respectively. Muddy Waters provides screen shots of these two companies' websites to support this allegation.",
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      "text": "ALLEGATION: Apple does not have a deal with CCME's Switow platform. FACT: We signed a contract with Apple's authorized distributor, Eading Group, in December 2010.",
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      "text": "ALLEGATION: CCME's Target Audience is Mainly a \"SubGreyhound Demographic\" FACT: Our target audience consists of members of households with above-average income in China.",
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      "kind": "table",
      "text": "Table comparing bus counts from Muddy Waters report vs Advertiser Kit",
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      "text": "Table showing specific bus IDs and screen counts",
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