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


To: SinoKnowledge who wrote (1706)1/9/2001 11:44:02 PM
From: fortitude  Read Replies (1) | Respond to of 2413
 
thank you sino for sharing your historical journey and insight...having done business in shanghai and suzhou for about five years almost 8 years ago(i sold the business), it brings back fond memories...
i recall spending a week at a time in Shanghai, staying in foreign-born hotels (i am caucasian) and not seeing another caucasian my entire stay...I would order food by walking around the restaurant pointing at dishes of other diners...it was a very exciting time...your recount brought it back to me and makes me feel closer to my hrct shares, whatever the current value...
thank you,
lp



To: SinoKnowledge who wrote (1706)1/10/2001 12:18:33 AM
From: Ice Cube  Read Replies (1) | Respond to of 2413
 
Since we are in la la land..........

Once upon a time... there lived an unhappy young girl. Unhappy she was, for
her mother was dead, her father had married another woman, a widow with two
daughters, and her stepmother didn't like her one little bit. All the nice
things, kind thoughts and loving touches were for her own daughters. And not
just the kind thoughts and love, but also dresses, shoes, shawls, delicious
food, comfy beds, as well as every home comfort. All this was laid on for her
daughters. But, for the poor unhappy girl, there was nothing at all. No
dresses, only her stepsisters' hand-me-downs. No lovely dishes, nothing but
scraps. No nice rests and comfort. For she had to work hard all day, and only
when evening came was she allowed to sit for a while by the fire, near the
cinders. That is how she got her nickname, for everybody called her Cinderella.
Cinderella used to spend long hours all alone talking to the cat. The cat said,
"Miaow", which really meant, "Cheer up! You have something neither of your
stepsisters have and that is beauty."
It was quite true. Cinderella, even dressed in rags with a dusty grey face
from the cinders, was a lovely girl. While her stepsisters, no matter how
splendid and elegant their clothes, were still clumsy, lumpy and ugly and
always would be.
One day, beautiful new dresses arrived at the house. A ball was to be held
at Court and the stepsisters were getting ready to go to it. Cinderella, didn't
even dare ask, "What about me?" for she knew very well what the answer to that
would be:
"You? My dear girl, you're staying at home to wash the dishes, scrub the
floors and turn down the beds for your stepsisters. They will come home tired
and very sleepy." Cinderella sighed at the cat.
"oh dear, I'm so unhappy!" and the cat murmured "Miaow".
Suddenly something amazing happened. In the kitchen, where Cinderella was
sitting all by herself, there was a burst of light and a fairy appeared.
"Don't be alarmed, Cinderella," said the fairy. "The wind blew me your
sighs. I know you would love to go to the ball. And so you shall!"
"how can I, dressed in rags?" Cinderella replied. "The servants will turn me
away!" The fairy smiled. With a flick of her magic wand... Cinderella found
herself wearing the most beautiful dress, the loveliest ever seen in the realm.
"Now that we have settled the matter of the dress," said the fairy, "we'll
need to get you a coach. A real lady would never go to a ball on foot!"
"Quick! Get me a pumpkin!" she ordered.
"Oh of course," said Cinderella, rushing away. Then the fairy turned to the
cat.
"You, bring me seven mice!"
"Seven mice!" said the cat. "I didn't know fairies ate mice too!"
"They're not for eating, silly! Do as you are told!... and, remember they
must be alive!"
Cinderella soon returned with a fine pumpkin and the cat with seven mice he
had caught in the cellar.
"Good!" exclaimed the fairy. With a flick of her magic wand... wonder of
wonders! The pumpkin turned into a sparkling coach and the mice became six
white horses, while the seventh mouse turned into a coachman, in a smart
uniform and carrying a whip. Cinderella could hardly believe her eyes.
"I shall present you at Court. You will soon see that the Prince, in whose
honour the ball is being held, will be enchanted by your loveliness. But
remember! You must leave the ball at midnight and come home. For that is when
the spell ends. Your coach will turn back into a pumpkin, the horses will
become mice again and the coachman will turn back into a mouse... and you will
be dressed again in rags and wearing clogs instead of these dainty little
slippers! Do you understand?" Cinderella smiled and said,
"Yes, I understand!"
When Cinderella entered the ballroom at the palace, a hush fell. Everyone
stopped in mid-sentence to admire her elegance, her beauty and grace.
"Who can that be?" people asked each other. The two stepsisters also
wondered who the newcomer was, for never in a month of Sundays, would they ever
have guessed that the beautiful girl was really poor Cinderella who talked to
the cat!
When the prince set eyes on Cinderella, he was struck by her beauty. Walking
over to her, he bowed deeply and asked her to dance. And to the great
disappointment of all the young ladies, he danced with Cinderella all evening.
"Who are you, fair maiden?" the Prince kept asking her. But Cinderella only
replied:
"What does it matter who I am! You will never see me again anyway."
"Oh, but I shall, I'm quite certain!" he replied.
Cinderella had a wonderful time at the ball... But, all of a sudden, she
heard the sound of a clock: the first stroke of midnight! She remembered what
the fairy had said, and without a word of goodbye she slipped from the Prince's
arms and ran down the steps. As she ran she lost one of her slippers, but not
for a moment did she dream of stopping to pick it up! If the last stroke of
midnight were to sound... oh... what a disaster that would be! Out she fled and
vanished into the night.
The Prince, who was now madly in love with her, picked up her slipper and
said to his ministers,
"Go and search everywhere for the girl whose foot this slipper fits. I will
never be content until I find her!" So the ministers tried the slipper on the
foot of all the girls... and on Cinderella's foot as well... Surprise! The
slipper fitted perfectly.
"That awful untidy girl simply cannot have been at the ball," snapped the
stepmother. "Tell the Prince he ought to marry one of my two daughters! Can't
you see how ugly Cinderella is! Can't you see?"
Suddenly she broke off, for the fairy had appeared.
"That's enough!" she exclaimed, raising her magic wand. In a flash,
Cinderella appeared in a splendid dress,shining with youth and beauty. Her
stepmother and stepsisters gaped at her in amazement, and the ministers said,
"Come with us, fair maiden! The Prince awaits to present you with his
engagement ring!" So Cinderella joyfully went with them, and lived happily
ever after with her Prince. And as for the cat, he just said "Miaow"!



To: SinoKnowledge who wrote (1706)1/12/2001 1:38:14 PM
From: SinoKnowledge  Read Replies (1) | Respond to of 2413
 
$$$$$*** STREAMING ASIA ***$$$$$$$

Disclaimer - the views expressed below are taken from company literature and from my own personal opinion. They are presented to provide a beginning point for your own personal due diligence and are not meant to replace your own personal due diligence. They are my own personal views only and I offer no guarantees. In other words, do your own DD, don't rely on mine.

Streaming Asia

Company's Mission
Streaming Asia's mission is to deliver first-class streaming media solutions to customers with the best technical solution, the most reliable network and the latest advanced technologies in order that their multimedia messages can be delivered to the target audience in the most effective and efficient way.

Founded 1n 1999

Founders with in depth technical knowledge in Internet/Web technology

Core management team background:
Microsoft, IBM, Netscape / AOL, PSINet, Telstra and Lucent

Over 40 employees

Company History

June 1999 - Founded in 1999

Oct 1999 - Logic Space Hong Kong opened

Dec 1999 - Hartcourt joined Streaming Asia

June 2000 - Syndicate Asia established

MANAGEMENT TEAM

Patrick Kwan - Founder
Patrick is a founder of StreamingAsia and Logicspace. His prior experience comes from working in LinkAGE online Ltd. as Sales Manager for more that 4 years until the company was acquired by PSINet.

Terence Kwan - Founder
Prior to founding Logicspace Ltd. Terence was employed by industry leaders such as Microsoft USA and Netscape USA as an Internet Consultant and System Architect.

Alan Chow - C E O
Alan has senior management experience in a variety of IT companies spanning more than 10 years. His last position was with a subsidiary of Lucent Technology and Telstra Telecom.

Steven Leung - Technical Manager
Steven gained experience as an E-Commerce consultant with Compaq.

The Comapny
Being the first Internet Broadcaster to deliver real-time corporate conferences in Hong Kong, StreamingAsia.com is the leading Internet Broadcaster to provide comprehensive audio and video delivery or "streaming" solutions to business, professionals, organizations, web site owners and content publishers. Their network infrastructure enables them to stream superior-quality multimedia advertising, live event broadcasting and on-demand audio and video content over the Internet to target web-enabled audiences all over the world. StreamingAsia.com has a global network of powerful bandwidth with ATM technology connecting streaming servers in different locations throughout the world to ensure fast, high-quality and reliable video and audio broadcasting to audiences worldwide.

StreamingAsia.com provides full services to allow live real-time Internet Broadcasting and On-Demand Multimedia Content Delivery. This includes the following services:
Video shooting and editing, audio capture and editing, voice over service, video digitization service - "encoding", Internet video and audio broadcasting, Internet video and audio hosting, Internet video and audio mirror hosting ( HK, US, Taiwan and China) and live video with chat room and PowerPoint presentation. Products and services include MyStream, MyPowerStream, DigitalContentManager, Encoding Server, Video Server, E-learning Platform/Server and, coming soon an Education and Commercial version.

Office Locations

Current
Hong Kong
Los Angeles
San Jose
Beijing
Shanghai
Shenzhen
Guangzhou
Future - Next two years
Taiwan
Singapore

About the Group

StreamingAsia - the leading multimedia streaming technology solution and
broadband application provider.
Logicspace - the leading web technology solution provider including website design,
system architecture and strategic consultation.
SyndicateAsia - Content distribution, syndication platform and engine.

Achievements - The Six "Firsts"
July 1999 - the first Internet Business Broadcaster in Hong Kong
August 1999 - the first to be certified as "Microsoft Windows Media Service Provider" and "Microsoft Windows Media Software Product Vendor" in the Asia Region.
September 1999 - the first Internet Broadcaster to provide streaming solution to all Hong Kong Radio stations.
December 1999 - the first company to provide Intranet trading platform with China Telecom through SinoBull group.
January 2000 - the first to provide the China Region "WAP to email and email to WAP" for CellStar.
February 2000 - the first to provide the live fashion show with Skynetgroup for more than 5,000 concurrent viewers.

Revenue in 2000 and Projection for 2001 (estimated)

2000
Q1 - 2,500,000 HK
Q2 - 3,500,000 HK
Q3 - 4,200,000 HK
Q4 - 5,000,000 HK

2001
Q1 - 5,200,000 HK
Q2 - 7,000,000 HK
Q3 - 8,750,000 HK
Q4 - 11,200,000 HK

My impressions

We heard the presentation from Alan Chow, CEO of Streaming Asia at the Regal Hong Kong on the morning of 12/30/2000. Later that day we visited the offices of Streaming Asia in Central Hong Kong. Even though it was a Saturday late afternoon almost every desk was occupied and engaged in, what appeared to me, to be actual work. Now, was this done for our benefit? I have no way of knowing, what I had heard even before our visit, is that Streaming Asia was a very busy company working long hours every day. I have no reason to doubt that it was part for our benefit and part to accomplish objectives. We met several of the technical staff and I personally wandered around looking at the workstation displays and I spent some time in the digitizing room watching a program be converted from film to digital. I also have a customer list for Streaming Asia that is three pages long and lists of Logicspace customers and those who are involved in the efforts of SyndicateAsia.

While I have not been able to get my hands on actual financial statements, it is my understanding that StreamingAsia is profitable and that the IPO process is right on track.

Overview....this is an obvious area for the future. Streaming will take many forks in the future, from TV on demand (TIVO being the personal level) where the TV stations archive their shows for view on demand over the Internet, or another medium....to education on demand which can include college courses, corporate training, etc. Really the solutions will be widespread, especially when broadband is readily available to everyone....and wireless. The funds from the IPO will be utilized to purchase more equipment and to expand the business opportunities by buying out competition for consolidation and to expand into the corporate training and education areas. This is a fine company with execution and a vision. I personally plan on buying as much of Streaming Asia as I am allowed pre-IPO. But that is just my personal opinion.