The Hartcourt Companies, Inc. (HRCT) Message Board

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

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To: I Am John Galt who wrote (107)	4/16/1998 12:09:00 PM
From: Taree Lyn	Read Replies (1) of 2413

MATTY The new thing Phan is saying is that the quarterlys are out next week and they are showing profit. See what he says to you. This is what he is telling the brokers. What I saw was they are really working in Asia only. That they have stopped construction of the highrises due to costs and the Asian economy. That the gold mine is not being mined. And that the rest of the profits were eaten up by aquisition costs including giving alot of stock away. The other thing that still intriques me is that all the financing is comming from the same place as for CNES and the same buyers are buying both co. And that the finance co is in China. Makes you wonder. Taree

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