SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : The Hartcourt Companies, Inc. (HRCT)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: fortitude who wrote (551)12/16/1999 12:37:00 PM
From: Ice Cube  Read Replies (2) of 2413
 
All of this is in the future.... E&Y is making a business plan for them. Big deal. E&Ywork with BB companies all the time. A non event.

) Sinobull.com consists of UAC Online Stock
Trading Inc. of China and
Financial Telecom Ltd. (FTL) of Hong Kong.
In addition, we are planning
to acquire 3 more Internet companies to
complete all aspects of the
financial portal and service business.
(One of which is
StreamingAsia.com).
Two major American and Chinese strategic partners
are also expected to join the IPO.

What are the current revs for these companies? Are there audited financial statements available? A banker does not tell anyone that they will do an underwriting like you present. There is not even a business plan and they want to do an underwriting if they like the plan? Or, are they just HOPING a banker will underwrite it? A$500 million dollar value based on what? Nothing has been offered as to what these transactions represent. It's all a case of "we are going to, we will, we forsee".....

Hartcort will own 36% of the venture, what did they do to recieve that share? No money in, no assets to vend, no nothing... Oh, I see, the Chineese companies just felt like being nice guys... Or is it that they are relying on HArtcorts management expertise and that's why they got their share.....

Laura, no of this makes any sense... I thought you were going to give some real info... Just more dribble....
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext