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

To: funincolo who wrote (1876)	2/13/2001 2:01:18 PM
From: daddyo2	Respond to of 2413

Your burying of questions on this POS with endless posts will not work. Just makes this stock smell even more. Your daddy!

To: funincolo who wrote (1876)	2/13/2001 3:01:39 PM
From: StockDung	Read Replies (1) \| Respond to of 2413

Many well-known big tech stocks are selling at rock-bottom prices. Why would a rationale ivestor risk his or her hard-earned money to an obscure BB stock? Liquidity and Capital Resources: As shown in the accompanying financial statements, Hartcourt incurred net losses of $5,282,272 and $987,628 for the nine months ended September 30, 2000 and 1999, respectively. Additionally, Hartcourt's current liabilities exceeded its current assets by $2,588,083 at September 30, 2000. These factors, as well as negative cash flows from operations, Hartcourt's inability to meet debt obligations and the need to raise additional funds to accomplish its objectives, create substantial doubt about Hartcourt's ability to continue as a going concern. ... As a result of the above activities, the company experienced a net decrease in cash of $20,754 for the nine months ended September 30, 2000. The ability of Hartcourt to continue as a going concern is still dependent on its success in obtaining additional financing and fulfilling its plan of restructuring as outlined above.