VisionChina - Chinese Bus Advertising Is A Tough Business To Make A Profit
- VisionChina hasn't and won't be profitable because its gross margins are so low.
- Advertising on buses in China is a losing business - look at China MediaExpess (CCME).
- VisionChina needs to find other avenues of income to be profitable, but its acquisition attempts have failed.
- A settlement from a failed acquisition will likely cause massive dilution to shareholders.