China Tracker - Safety/Risk Model (Stage One) for China Century Dragon Media (CCDM)

 China Century Dragon Media
 Going Public
Market Segment:
Going Public: 2011-02-08IPO
RTO Advisor: WestPark Capital 
Lead Underwriter: WestPark Capital
 Auditor
Auditor: currently none
Number of Auditors (since Jan 1, 2009): 1 
Auditor Resignations (since Jan 1, 2009): 1
 Internal Controls
Internal Controls (Management): effective
Internal Controls (Audit): not performed 
Senior Management Changes (since Jan 1, 2009): 3 
Number of CFOs (since Jan 1, 2009): 2 
CFO Resignations (since Jan 1, 2009): none 
Main Shareholder (HuiHua Li): Chairman 
Ownership Percentage: 21.30% 
 Analyst Coverage
Total Coverage: no coverage
 Indicators
New Shares / Dilution (TTM): 1.40 million18.06% 
Short Interest: no data 
Account Receivables (MRQ): $14.95 million0.00%
 Recent Events
Delinquent with SEC Filings: YES
Short Seller Attacks (Corporate Governance): NO 
Detailed Fraud Allegations: YES
 
 Auditor History (since January 1, 2009)
2011-03-22MaloneBaileyResignation
2010-04-30MaloneBaileyAppointment
 Senior Management Trail (since January 1, 2009)
2010-07-28Fu HaiMingCEOAppointment
2010-07-28Dapeng DuanCFOAppointment
2010-07-28Li HuiHuaCEODismissal
2010-07-28Zhang LeCFODismissal
2010-04-30Zhang LeCFOAppointment
CCDM
Media & Advertising
SAFETY/RISK SCORE
10%
EXTREME RISK
Detailed Score: 95.625/900
Current Price:  n/a
Exchange: N/A
Market Capitalization: n/a
Total Shares: 9.15 mill
Float: n/a
Last Quarter: 2010-09-30
Revenue (MRQ): 23.24 mill
Net Income (MRQ): 2.45 mill
Op. Cash Flow (MRQ): -0.78 mill
all financial data provided without warranty