Dear HRCT Shareholders:
Recently, there have been some claims made in regard to the legality and integrity of DDInvestor in its relationship with HRCT. Certain individuals have gone to great lengths to smear us in their blatant attempts to smear Hartcourt.
As you know, as often as possible, we attempt to avoid directly engaging bashers in dialogue. They NEVER acknowledge that you have proven them wrong and simply go on with the same arguments regardless of how conclusive the facts are.
However, as our reputation reflects on HRCT's reputation, we did feel that it is necessary to make a few things clear.
1) Our Payment DDInvestor has always been completely forthright about the fact that we are RETAINED by Hartcourt and paid for providing our Public Relations and Investor Relations services.
2) Our Disclaimer On every post that we make on boards or mailings for our clients, we post our disclaimer, stating that we were retained by the client and we provide either the nature of our compensation or provide a link to the disclaimer which spells out the exact nature of our compensation. We have discussed this practice with an attorney and have been informed that we are abiding by all applicable laws. We are continuing to research this matter with the SEC to insure that our practice is acceptable.
3) The Amount that we have Received When DDInvestor accepted this contract, HRCT's share price was approximately $1. We accepted the promise of a relatively small monthly payment in shares and a smaller cash payment because we believed in HRCT and felt certain that, once more people heard about the company, the stock price would reflect the company's worth. Even we did not imagine just how quickly that would happen.
4) Our Share Payments DDInvestor has not sold one share of our share payments from HRCT. We are paid in shares that have a time restriction on them and so we cannot sell them for some time.
5) "Hyping" DDInvestor does not make recommendations to people. We are not investment advisers. We do not give advice. We are very clear on this. We are an outsourced PR/IR company that answers investor questions, circulates company information and tries to counter the lies that can sometimes appear on public forums.
6) HRCT We believe in HRCT, its business plan and its accomplishments. We attempt only to accept contracts with companies that we trust and have faith in.
If anyone has any questions or issues with any of the above, please feel free to contact us or HRCT. Our mailbox is always open for questions, suggestions, comments, etc.
We look forward to continuing to provide professional services to a client and a shareholder base that are first-rate. We thank you for your support and your trust.
DDInvestor.com
-------------------- DISCLAIMER
DDInvestor.com is not a registered investment advisor. HRCT has retained DDInvestor.com LLC for a period of six months to assist it in becoming more widely known to the investment community. See the full disclaimer at: ddinvestor.com
For its efforts, DDInvestor.com will receive $1,000 in cash and 3,000 shares of (144 Restricted for one year) HRCT stock each month.
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