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Microcap & Penny Stocks : The Hartcourt Companies, Inc. (HRCT) -- Ignore unavailable to you. Want to Upgrade?


To: Bobbie Boucher who wrote (453)12/13/1999 7:16:00 PM
From: fortitude  Respond to of 2413
 
Sinobull.com Engaged Ernst & Young for IPO
Business Plan

LOS ANGELES--(BUSINESS WIRE)--Dec. 13, 1999--The Hartcourt Companies Inc. (OTC:HRCT - news;
Frankfurt:HCT), www.hartcourt.com, today announced that Sinobull.com has engaged the international accounting and
consulting firm, Ernst & Young, to prepare an Information Memorandum required by the IPO underwriter and legal authorities.

The business plan is expected to be completed by the end of January 2000.

Sinobull.com is the holding company that controls UAC Online Stock Trading and Financial Telecom Ltd. Sinobull.com is
acquiring 3 other Internet operations, including 50 percent of StreamingAsia.com, to create a premier financial portal and
service company in Chinese Internet. Sinobull.com is planning for an IPO during the first quarter of 2000. Major American and
Chinese strategic partners are expected to join Sinobull.com in the IPO.

Hartcourt's mission is to become the leading Internet company in Asia. Besides the Sinobull.com project, Hartcourt is also a
Joint Venture partner with Innostar Hi-Tech of Beijing to create the first and only wireless ISP network throughout China via a
Chinese satellite. The operation is expected to start around March 2000.

Dr. Alan Phan, Chairman & CEO of Hartcourt, said: ``We are determined to work only with the best. Ernst & Young is the
logical choice. We are proceeding on schedule regarding the IPO. The year 2000 should be an exciting year for Hartcourt
shareholders. We worked hard in 1999, and 2000 will be the year of reaping the fruits of our labor.'

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.

Contact:

The Hartcourt Companies Inc.
Dr. Alan V. Phan, 562/426-9796



To: Bobbie Boucher who wrote (453)12/13/1999 10:28:00 PM
From: StockDude  Read Replies (4) | Respond to of 2413
 
Hey little boy,
You don't go to prison for helping fools stay away from scams. Also, I didn't know that giving ones opinion and/or facts based on one's dd was illegal.
Ahhh, go take you profit and buy your boyfriend a new dress. Be thankful that you are out of this overdone, pump-n-dump. Just think, you got off on the pump, not the dump. I'll bet your man likes it that way too.
Now hurry-up and respond to laurap before she goes on posting all night in her desperate attempts to get you back into this sad story.