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

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To: funincolo who wrote (1933)2/26/2001 4:49:46 PM
From: StockDung  Read Replies (1) of 2413
 
funincolo, Hartcourt will be BIGGER than Maryl Lynch. CHEERS CHUMP!!

By: funincolo $$$$
Reply To: 893 by Jaquesf2 $ Tuesday, 29 Jun 1999 at 1:51 PM EDT
Post # of 127993


I also talked with Dr. Phan and besides the news that was previously reported here, he said he does have an investment banker looking into he possibility of HRCT being acquired by a major broker and the name Maryl Lynch came up. He said if that happened he would stay on because the chinese don't want to deal straight with the americans. Sounds like a long shot but who knows.

I also asked him all these aquisitions were going to be financed and he said 2 ways: 1. Through the marketable securities on hand as collateral and 2.they would have to do a secondary offering (shares not yet determined) but he would have to wait till the stock price hit $5 (didn't seem real shocked at the reaction to the stock price)

ragingbull.lycos.com
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