Seeking Alpha

Matt Berry's  Instablog

Matt Berry
Send Message
Follow me on Twitter: https://twitter.com/MattBerry01 I'll be publishing on my blog from now on. I usually send my reports through a newsletter first. Join the mailing list at http://www.3footcrowbar.com/ Interests: -- reading up on bounded rationality, behaviorism, and philosophy -- writing... More
My blog:
3 Foot Crowbar
My book:
The Mechanics of Virtue: A cynic's guide to righteous behavior
  • FMCN: A Critical Failure in the Focus Media Story and verification of Muddy Waters' Theater Count 0 comments
    Jan 13, 2012 3:14 PM | about stocks: FMCN

    Full Details:
    http://www.scribd.com

    In 2008, FMCN claimed business relationships with 27,164 theaters in urban China.

    Data sources, web pages, and government websites report that the total number of urban theaters in China at that time was only 1,545.

    “As of December 31, 2008, we had rights to lease advertising time on screens in 27,164 movie theaters in cities across China.”  2008 SEC 20-F -sec.gov

    In China however the reports are that there were only 1,545 urban theaters at this time.

    "中国内地城市电影院线目前共有影院1545家,银幕数4097块" news.china.com.cn

    Google Translation: "Cities in Mainland China cinema line cinema 1545 currently, number of screens 4097" translate.google.com

     I paid for a Professional Translation:

         "Cinema chains currently have 1545 movie theaters opened in cities in the Chinese mainland, with a total of 4097 screens."

     

    See more details of "A Critical  Failure in the Focus Media Story" at scribd.com

    Disclosure: I am short FMCN

Back To Matt Berry's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.