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Microcap & Penny Stocks : The Hartcourt Companies, Inc. (HRCT)

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To: papaphilip who wrote (1743)1/22/2001 10:55:38 PM
From: StockDung  Read Replies (2) of 2413
 
Papa, its very clear that Ed Williamson has a relationship with Go Call Inc as I have posted. It is also very clear that Go Call Inc. had a relationship with Hartcourt. Hope it spells it out for you since this is a fact and I have posted the truth.

Go Call Inc. and Hartcourt Jointly Announce Rescission of Exchange
SAN JOSE, Costa Rica--(BUSINESS WIRE)--Jan. 5, 2001--Go Call, Inc., (Pink Sheets:GOCA) (www.goca.com), has announced that it has reached a mutually agreed upon rescission of the exchange made December 23, 1999. The transaction has been completely undone, and all stocks held by each of the companies have been returned to the respective owners. Both Companies have expressed disappointment.

James Palmer, CEO of Go Call Inc., said, "We sincerely thought that there was common ground on which to build a strong relationship when the exchange was made. It was a disappointment that we could not find a way to work out a long term continuation of the relationship. We wish each other well in our individual endeavors."

Go Call Inc. is an Internet gaming software development, gaming marketing, and Celebrity Casino/Sportsbook company. Its services include the processing of transactions for online gaming through its Go Cash subsidiary. Its customers include Charities Sports Book.com (www.charitiessportsbook.com), Charities Bingo.com (www.charitiesbingo.com), and Go Scratch Tickets.com (www.goscratchtickets.com).

The Hartcourt Companies (OTCBB:HRCT) www.hartcourt.com is a holding and development company that is building a network of Internet and telecommunication service companies in The People's Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Hartcourt's business goal over the next three years is to complete a series of IPOs or spin-offs focused on four main divisions: StreamingAsia, the streaming content (video/audio) web-casting and web hosting leader in Hong Kong; SinoBull Financial Group, the multi-media financial data provider and online securities trading platform; Broadband ISP and Internet infrastructure group; and Hartcourt Capital Inc., the financial E-Finance transactions platform offering online banking, securities, insurance, equipment leasing, credit, and B2B transaction settlements.

Some paragraphs of this news release, particularly those describing Go Call Inc.'s strategies and business plans, contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange of 1934, as amended. While Go Call Inc. is working to achieve those goals, actual results could differ materially from those projected in the forward-looking statements as a result of a number of factors, including difficulties in marketing their products and services, need for capital, competition from other companies and other factors, any of which could have an adverse effect on the business plans of Go Call Inc., its reputation in the industry or its expected financial return from operations. Factors such as these could have an adverse effect on Go Call Inc.'s results of operation. In light of significant uncertainties inherent in forward looking statements included herein, the inclusion of such information should not be regarded as a representation by Go Call Inc. or any other person that the objectives and plans of Go Call Inc. will be achieved.

CONTACT:

For Go Call Inc., Los Angeles

Wall St. Marketing Group

Mark Taggatz, 949/477-0640

ir@gocash.com

or

Go Call, Inc. Corporate Office, San Jose

James Palmer, Tele: 506/290-8923

FAX: 506/290-8926

Email: info@gocash.com

KEYWORD: INTERNATIONAL LATIN AMERICA

BW2153 JAN 05,2001

5:39 PACIFIC

8:39 EASTERN
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