China MediaExpress Holdings ( CCME) Company Profile: China MediaExpress operates a television advertising network on inter-city express buses in China. Current Share Price: $11.88 (trading halted since March 11) Listing Violation: Public interest concern. The company was also slapped with a delinquent notice in March after it failed to file its annual 10-K report with the SEC in a timely manner. Received Nasdaq Notice: April 1 Management's Expected Action: The Nasdaq moved to suspend the company's common stock from trading on April 12 on a flurry of news regarding accounting concerns and shareholder lawsuits. China MediaExpress appealed the determination and will go before a hearing panel. On March 14, China MediaExpress said its audit firm, the Chinese affiliate of Deloitte & Touche, had determined it "was no longer able to rely on the representations of management, and recommended that certain issues encountered during the audit be addressed by an independent investigation." China MediaExpress CFO Jacky Lam also resigned. The news came weeks after short sellers, who profit from a stock's decline, accused China MediaExpress of fraud. Shares of China MediaExpress, halted since March 11, are down 25% this year.