Highly regarded by who? tenkwizard.com
Mr. Manu Ohri, Hartcourt's Chief Financial Officer stated, "Weinberg & Co. is a highly regarded accounting firm that provides professional services to a wide variety of publicly traded companies.
Hartcourt Appoints Weinberg & Company As Its Independent Certified Public Accountants
LOS ANGELES, Feb. 8 /PRNewswire/ -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT)(www.hartcourt.com) announced today that it has appointed Weinberg & Company, P.A., as the company's independent certified public accountants.
Mr. Manu Ohri, Hartcourt's Chief Financial Officer stated, "Weinberg & Co. is a highly regarded accounting firm that provides professional services to a wide variety of publicly traded companies. Based upon the size and scope of Hartcourt's on-going activities, we believe that Weinberg is well suited to provide accounting and auditing services to Hartcourt in the U.S. and Asia. We are confident that Weinberg will be able to complete the audit of Hartcourt on time and assist in filing all required regulatory reports within the prescribed time period.
"While I was in Hong Kong last week, I had the opportunity to meet with the management teams of Hartcourt's major affiliates and other professionals where we reviewed their objectives for the current year. Based upon those meetings, I am very optimistic that Hartcourt can meet the objectives of its previously stated 2001 business plan. The Company remains focused on those issues that are of the greatest importance to enhancing shareholder value."
About Hartcourt
The Hartcourt Companies 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 goals over the next three years is to complete a series of IPOs or spin-offs focused on four main divisions: the streaming content group (video/audio) currently the leading web-casting and web hosting leader in Hong Kong; SinoBull Financial Group, the multi-media financial data provider and online securities trading platform; the Broadband ISP and Internet Infrastructure Group; and Hartcourt Capital Inc., the E-Finance transactions platform offering online banking, securities, insurance, equipment leasing, credit, and B2B transaction settlements. Detailed information on Hartcourt can be obtained via the company's Web site: www.hartcourt.com.
Forward-looking statements
Certain statements in this news release may constitute "forward looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.
SOURCE The Hartcourt Companies, Inc.
CO: Hartcourt Companies, Inc.; Weinberg & Company, P.A.
ST: California
IN: MLM TLS FIN
SU:
02/08/2001 08:03 EST prnewswire.com |
