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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: mmmary who wrote (80619)	10/1/2002 3:19:33 PM
From: StockDung	Read Replies (1) \| Respond to of 122087

TODAYS CRIMM FAIRY TALE: ALLAN WOLFSON AND FAKE DOC PHAN'S HIGHWAYROBBERY ONCE UPON A TIME THERE WAS A SHELL COMPANY THAT WAS ORGANIZED THROUGH A REVERSE MERGER BY CRIMINAL AND CON MAN REGIS POSSINO AND A FEW OTHER NO-GOODERS. THEY CALLED IT " HARTCOURT PEN" AND THEN THROUGH A NAME CHANGE "THE HARTCOURT COMPANIES" THEY DECIDED THAT SINCE CHINA WAS A PLACE FAR AWAY FROM THE FBI AND SEC THAT THEY WOULD PULL A FAST ONE ON THE PUBLIC BY PUTTING OUT A PRESS RELEASE THAT HARTCOURT WAS BUYING CHINA'S LARGEST ISP INFOHIGHWAY. INFOHIGHWAY SAID THIS WAS JUST NOT TRUE BUT FAKE PHD ALAN PHAN INSISTED THAT HE HAD A BINDING AGREEMENT WITH THE ORIGINAL SIGNER. IF THE PRESS WOULD HAVE CHECKED AT THE TIME THEY WOULD HAD SEEN THAT THE ORIGIONAL SIGNER WAS CYBERAMERICA AND FOR SURE THE CON MAN BEHIND CYBERAMERICA WAS ALLAN WOLFSON. WOLFSON AND CYBERAMERICA NEVER HAD A AGREEMENT WITH INFOHIGHWAY BUT MOST LIKELY HAD A AGREEMENT WITH HIGHWAYROBBERY. THE END INFOHIGHWAY OR HIGHWAY ROBBERY? JUST ONE OF PHANS MANY LIES. THE REAL DEAL WAS THAT PHAN DID A MASSIVE FRAUDS WITH RECENTLY INDICTED ALAN WOLFSON OF CYBERAMERICA. In a May 2nd report in the China Daily's weekly business review section, Infohighway affirmed that it was seeking foreign cash but claimed the March Hartcourt announcement had no basis in fact. "It's groundless and we have never reached such an accord," said Infohighway's GM Yu Gan. In an interview with China Online news editor Doug McGill, Hartcourt's chairman Dr. Alan V. Phan insisted that Hartcourt did sign an agreement with Infohighway but that changes in management at the Chinese ISP soured them on the deal. In the same interview, Phan affirmed that Hartcourt is a shell company whose only assets are 10 million dollars in marketable securities and an investment in a Chinese pen factory. According to Phan the Hartcourt acquisition of Infohighway was intended to provide a short-term windfall to its investors: "We created an internet company to satisfy short-term shareholder demand. Upon completion of such merger, present board members will resign, shareholders will reap a short-term windfall, and the mission is accomplished." For further details on the Hartcourt announcement, see the complete investigative report at ChinaOnline.com. ...................................... Hartcourt has a valid assignment from CyberAmerica Corp., The Hartcourt Cos. Inc. Issues Statement Long Beach, CA. 3/24/99 -- The Hartcourt Companies, Inc. (OTC: HRCT), www.hartcourt.com, reported that in reference to the rebuttal of the Chinese party in the Internet transaction, Hartcourt stated that it stands by its statement in the news release of Tuesday, March 23. According to the legal opinion of its counsel, Hartcourt has a valid assignment from CyberAmerica Corp., the original signer of the purchase agreement with the Chinese party. The company intends to proceed with the purchase and will provide the financing as its only condition precedent to closing. Hartcourt's counsel is contacting the Chinese representatives for further clarification of their position. 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. BUYER BEWARE!!