The Hartcourt Companies, Inc. (HRCT) Message Board

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

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To: Investorman who wrote (2199)	2/12/2003 9:21:35 PM
From: StockDung	of 2413

Subject: Mezzanine Capital de-lists shares in Bermuda Posted By: Eric Chess Bronk - Unregistered User Posted At: (11/26/02 4:00:10 pm) Reply A Bermuda-registered company linked to several stock fraud allegations involving over-the-counter stocks traded in the United States has voluntarily de-listed its shares from the Bermuda Stock Exchange. In a press release dated November 12, 2002, the BSX stated: "The Bermuda Stock Exchange today announced the voluntary withdrawal from listing of Mezzanine Capital Ltd. (MEZZ BH). The withdrawal from listing was made at the request of the Company." Mezzanine Capital's involvement in fraudulently-operated, publicly-traded firms in the United States. Mezzanine seems to exist to provide capital of questionable value to loss-making, publicly-traded firms in the U. S., whose insiders, including Mezzanine shareholders, make money from stock manipulation, related party transactions and other activity. The principal officer of Mezzanine Capital is Eric Chess Bronk, a California-licensed attorney who has a colorful past. In 1991, Bronk paid $1.1 million to the Federal Deposit Insurance Corporation to settle an investigation into his role in a failed savings and loan institution in which regulators suspected fraud and embezzlement. Additionally, Bronk and two of his companies were ordered to hand over an unspecified sum of money that was in a bank account in Los Angeles. Despite the settlement, Bronk denied any wrongdoing. Bronk has been a defendant in two federal civil lawsuits alleging racketeering, one in Kansas City in 1988 and another filed in California in 1999. It appears that neither resulted in a judgment against him. He has been a defendant in at least nine lawsuits filed at California State Court and there have been at least four judgments against him. Several of the cases involved allegations of dishonesty

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