Fighting with the Patriots to keep America Alive
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George. . .
How come I had an idea you had a military background? LOL. Anyway. . .the interview with Bill Stinson was delayed secondary to time constraints (see CHAG Club site). It should be today or tomorrow. I have a feeling we're going to hear some good news. That's 100% speculation on my behalf.
Believer ~~ Make sure you are taking a look at the ibox on top of the listing of investor commentary. All of the references for doing DD on CHAG should be listed on that page. If not, let us know and we'll put up other valuable sites for doing DD on CHAG.
Keep the faith ~~
Peace,
M&M Man
HCT - HARTCOURT COS DL-,001
Exchange: Frankfurt
Delay: at least 15 minutes
Last Price: 0.68 at 13:22 CEST
Change: Up 0.13 (+23.64%)
High: 0.80 at 10:21 CEST
Low: 0.60 at 9:23 CEST
Open: 0.60
Previous Close: 0.55 on 4/30
Volume: 83,675
Currency Units: Euro
Confirm all data with your broker or financial advisor before trading.
Data by: S&P ComStock
~~~~~~~~~~~~~~~~~~~~
HRCT doesn't move like that without something going on. The question is. . .what is the Euro's value in comparison to the USD? Anyway. . .good to see some buying in Germany!
Peace,
M&M Man
Tinberry. . .unfortunately, with all of the typos that have been coming from my fingers lately. . .I hate to respond to the "incentive pay" LOL! Particularly since I'm not even sure what is going on in HRCTLand. Any more. . .I'm just watching this OTC BB market . . . and wondering why any of us stayed in it? No, actually, I'm not wondering. I know why I stayed in it. Now, hopefully time and patience will yield some type of returns.
Peace,
M&M Man
EZ ~~ I posted the same concerns on the Chag Club site. I do not understand this at all. Then again, investors have a lot of bargains in big names right now. Perhaps the OTC BB is just dead? I believe the cycle for the OTC BB is about 7 years (for when the OTC BB gains a spot of attention that is greater than the other exchanges). It was only a year ago when many OTC BB were flying through the roof. I believe what is going to happen is that the other markets have to reach adequate valuation ~~ then buyers need to be turned on to other "potentially profitable" organizations. That could take a while. It's looking like a ride that may be about 12 to 18 months (at the soonest).
Peace,
M&M Man
"Though China still has far to go in the global race for online dominance, it is well positioned to take the lead. So keep your eye on the sleeping dragon: The country that has had the largest population and the most advanced economy in the world for 48 of the last 50 centuries could surge to the fore in the new economy."
There is no doubt in my mind that China will eventually rise to a significant world economic power. The CORRECT and dynamic team of individuals that can tap into the potential upcoming circumstances will certainly prevail.
Peace,
M&M Man
Special Note:
I was thinking this might be a good message that can also apply to CHAG longs. . .(not verbatum, however) ~~
http://www.investorshub.com/beta/read_msg.asp?message_id=90261
Peace,
M&M Man
This is a little "off topic" so I hope it won't be deleted. I just had to share this with the HRCT longs that feel they shouldn't have been, "long" LOL! Anyway, my fiancee' has a girlfriend that recently went through a mastectomy secondary to having breast cancer. She has children. . .and a life, like many of us do (other than some of those posting on the "other site" if you know what I mean). Anyway. . .Cindy has been forwarding all of these notes to me (her friend recently had a stem cell transplant s/p chemotherapy). Well. . .not to feel bad. This woman who has gone through chemotherapy sees the value of life with each and every passing day. I'm sure she wouldn't waste any of her time on the Raging Bull's site LOL! Anyway. . ."Quote of the day" from someone who appreciates life:
"I’ve learned that Faith doesn’t get you around trouble it gets you through it."
Go forth HRCT. . ."Keeping the faith"
Peace,
M&M Man
Note from the Chag Club site:
"Financing update to be announced in the morning. Bill Stinson to discuss field and production latest in an interview with Wall Street News Cast tomorrow afternoon. Plenty of good news!"
Peace,
M&M Man
Tin-Berrygood ~~
I'm beginning that you might be the person to assist HRCT in advertising their niche! Keep up the great work.
Peace,
M&M Man
uis-aol-money. . .
Interesting catch. I just wonder why all of these potential SA associations remain undisclosed? I suspect the end of the blackout period will reveal something about this? I know one thing, I'm not banking on it. I think HRCT needs:
1: A marketing expert ~~
2: Capital to advertise ~~
3: Carry through ~~
I'm still holding the faith that management will figure out what they need on their own.
Peace,
M&M Man
Minddoc. . .
At this point in the game, "questioning" is probably a good idea LOL!
Peace,
M&M Man
Tin-berry. . .
This is a perfect example of what I never want to see again:
February 27th, 2000
Dear Shareholders:
As you may know, I just returned from China. It was
a week well spent, we completed many important tasks as
we continue to make good progress. I would like to give
you a brief summary of our activities.
First of all, executives of Sinobull.com and a few
investment bankers, together with the Ernst & Young team,
met at the majestic board room of the E&Y headquarters
in Kowloon for 2 days to work on finalizing portions of
the IPO process. We worked on the final draft of the
E&Y report, particularly on the financial figures and
future projections. We discussed the official launching
of the fully functional Sinobull.com website; and the
integration of all operations under one management team.
We interviewed the final CEO candidates and met with
prospective Board members. We also went into details
on the challenges facing us, from competitors to new
market conditions and normal legal issues with the IPO.
I am happy to report that everything worked out
well, as anticipated and Sinobull.com is on its way to
becoming the first online trading and financial portal
IPO of Mainland China. We also had a good laugh at the
buying frenzy surrounding the IPO of Tom.com in Hong
Kong. Tom.com reported a revenue of about $400,000 US
and a net loss of $17 Million US in 1999. Yet, the
market capitalization of Tom.com reached $2.5 Billion US
and kept climbing. By comparison, the 5 companies
comprising Sinobull.com had consolidated revenues of
$6 Million US and a net profit of $42,000 US in 1999.
Second, we concluded 3 more deals with 3 Chinese
companies. Details of these transactions will be made
public shortly, once the parties review and approve the
news announcements. All of these acquisitions are
strategically important for maintaining a leading market
position for Sinobull.com and Hartcourt.
Third, we understand the importance of infusing new
talented and energetic management into the Hartcourt
team to bring us to the next level. The CEO and CTO
positions have been filled and an announcement will be
made once the Board approves the compensation packages.
I will continue to build and develop Hartcourt with my
full efforts through the position of Chairman. We are
excited about the abilities and experience of these new
executives and believe that their talents will help make
Hartcourt grow faster and better.
Finally, the PR campaign for Hartcourt will be
timed to coincide with the Nasdaq NMS listing and the
hard launch date of the Sinobull.com website. I believe
you won't be disappointed with our aggressive plan.
Over all, we maintain our momentum and continue on
to our goals. At times, there may be minor delays or
adjustments; but our focus, determination and execution
are relentless. Nobody could accuse us of being lazy or
half-hearted. Winners expect to win in advance because
life is a self-fulfilling prophecy.
See you at the top.
Sincerely,
Dr. Alan V. Phan
Chairman & CEO
Certain statements in this letter 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 achievements expressed
or implied by such "forward - looking" statements to
differ materially.
Tinberry ~~
Great thoughts. My only concern is that "delivery" begin to take place. Let me put it this way. . .the Doc has always been the one to create a deal. We need some "seals" now on all the deals. Or at least one, deal. I'm hoping investors don't take this "blackout" think as if it is going to be a big deal. I do not see it that way. I see it as, "survival" for HRCT. They definitely need a cash partner. I'm keeping my fingers crossed.
Peace,
M&M Man
MisterEC ~~ I know the MMs aren't trading 144 shares. What happens when a sale takes place on 144-D shares is that sales are sold short (but not like trading a real short) for the duration of the settlement time. In other words, the stock is registered to trade. . .but it doesn't really exist. There is no monetary value to it until it is sold. . .and no confirming value to it until the company can verify that the person registred to sell the stock ~~ is who sold the stock. It's all very interesting. Anyway. . .
I'm beginning to think that the bashers on HRCT's site were formerly involved with HRCT and they have some very cold feelings for where HRCT is going. . .vs. where HRCT was when they held HRCT stock. Hey. . .don't many of us wish we would have sold out when we hit our peak? You know, if all the strong longs would have sold their positions when HRCT reaches their pps acme. . .we'd have all sorts of capital to support HRCT with. We could still have held our beliefs in HRCT. . .but we would have taken money off the table until HRCT REALLY needed support. Now we have a blackout taking place. I can't wait until the eclipse is over! LOL! I'll tell you this much right now. . .I'm not holding my breath.
Peace,
M&M Man
If charts alone had anything to say about it ~~
http://host.wallstreetcity.com/wsc2/chart.html?0fval0=104&1fval0=216&4fval0=206&5fval0=2...
It shouldn't be long. But anymore, who knows what the OTC BB will bring?
Peace,
M&M Man
MisterEC ~~
I haven't been on the net all weekend. It's nice to get away from the computer. Anyway, the bigger trades at the end of the past couple of days appear to be market makers moving their inventory around. It could represent settlement of recent sale on series 144 stock. In that case, HRCT's number of shares outstanding should have increased. Has anyone watched that part of the equation? Remember, when Series 144 stock is sold. . .it is sold by a registered trader then the certificate is sent to HRCT so the management can sign the paper. Until the time, anyone selling Series 144 stock has a liability along with the cash in their account (from the sale ~~ versus the value of the stock on any given day). It usually takes at least 30 days for Series 144-D stock sales to reach settlement.
Peace,
M&M Man
PS: I no-longer live in CA otherwise I would make the trip down to LA (pertaining to concerns over the SA IPO and dividend topics previously mentioned). It appears the "blackout period" formerly known as a "quiet period" is now the next carrot to follow LOL!
Hello everyone,
Been off the net for a few days. It's good to see more people coming over to the ihub site. I would assume this is going to continue to be the place where investors can have logical discussions and dialogue. Anyway. . .
Katophan ~~ Yes, "JV" was intended to mean "joint venture." :) Thanks to MJM for bringing that out.
500-and-long: There are plans (in the making) for investors to visit the Kansas field (I'll keep everyone posted how well that goes). I believe it was Arch or George that highlighted the fact that Bill Stinson mentioned it would be nice to have shareholders come when they have the first drilling rig in place. I think that's a good idea, as well. First off. . .it will be educational for those that visit (some of us rookies) and secondly, there will be something other than mud and pumps to take picturs of. I've been through Kansas several dozen times. . .and seen the barren oil fields. There isn't much too them unless activity is taking place. So, having a drilling rig in place will be more pleasing ~~ and informative. Will keep you posted on what I find out.
Looks like Arch and George have pretty much posted the important points from the other message threads. I'll keep my eyes and ears out and see if anything else comes up. I have a lot on the table, right now. Designging and building my own backyard has proven to be quite a task. I'm counting on my CHAG shares to pull through LOL!
Keeping the faith. . .and thanks to all of you that are contributing your insights on this thread. We investors truly appreciate it.
Peace,
M&M Man
MrBankRoll~~
Lets put it this way ~~ nobody has mentioned to me that there won't be a $5.00 dividend for SA and SB shares to HRCT shareholders (adjusted for split) ~~ but can someone please explain to me how that could happen? At any rate. . .like I said, there have been mathematical equations that have been posted for the adjustment of dividends reportedly going to be distributed to HRCT shareholders (in accordance with valuation on SA and SB shares). At this point in the game, who knows? I guess I'm just wondering . . .and rightly so. Particularly since I am still holding Enova shares that have a "0" value on them (now for two years).
I think some people view me as being upset or saddened at what is transpiring with HRCT (or is not transpiring). I suppose I'd like to just state that I'm evaluating my investments ~~ and the ability of leadership in organizations to deliver on their promises. I was truthfully hoping that HRCT would come through with the SA IPO on the GEM. Now, I hear OTC BB shares might take place. Anyway. . .I'd like to just see something HAPPEN with VALUE on my HRCT shares. I see myself as having been one of the strongest BELIEVERS in HRCT over the past two years. Now. . .the deliverance, please! LOL! Just one thing, that's all I ask.
You know, I come here to the ihub site to see some good DD. Hear some good perspectives, etc. Then it turns out that others just wish to tear everything apart without analyzing what is said. Again. . .it does appear to me that we will not receive the dividends as promised. That's "TO ME." If someone else sees another vision. . .please advise. Hopefully, the HRCT execs will all prove me wrong in the next 8 months (time closes quickly!).
Peace,
M&M Man
MBR ~~ I don't believe stating I do "KNOW" we won't receive them. I'm just wondering if it is possible for HRCT to deliver on that promise. Particularly within the calendar year.
Peace,
M&M Man
PS: If anyone gets any type of confirming note on that one, please let us know.
PS: That should be a $5.00 dividend (post split) in both SA and SB shares (or the equivalent). Now, watching all the magical number corrections is absolutely amazing. . .LOL!
Peace,
M&M Man
DC100~~
It might be a possibility that even CEOs were caught up in the Internet craze from the bubble period (referring to bubbling buying on Internet shares in the late 99' and early 00' days). I personally do not see anything wrong from what has been stated by the former CEO of HRCT. I do, however, wish that the "faithful longs" could have been a little more objective on what appeared to be taking place. One lesson that I have learned is that I will no-longer hold ANY stock based on potential forward looking ideas. . .and whether I'm termed a "defector" for selling, goes. The "faithful" shareholder policy (whether it exists or not) is what hurt most of the longs. My interpretation of a "long" is anyone that has held a stock for over 12 months. I have no reason to hold a stock for a millenium. I guess we all interpret "long" to mean something different. And, that interpretation can be based on many things. I suppose there is no need to go on about it.
Anyway, provided HRCT can come up with the necessary capital to fulfill their quest (which I personally believed was going to happen) than things should turn out bright. I firmly believed that all of the deals that were stated to the market, were already financed (or notes were in place). Now, I'm hoping things can turn out better. Particularly for investors that bought into the HRCT dream at high prices.
For the record: I do not believe that Dr. Phan purposely misled anyone. I do, however, believe that he needs a consultant he can listen to. His business acumen requires a little more of an objective stance. . .and more consideration on market variables (rather than the "after the fact" thing that has taken place in the past year). It has been most exciting to watch HRCT's purpose, unfold. It has not, however, been exciting to see the company take this "quite period" to the height of confusion.
Many of us expected the SA IPO to be completed. We expected the Nasdaq listing. We expected the "American" partner. We expected the American underwriter. We expected the return of adequate valuation on the stock (which may be adequate, in light of things exposed in the 10KSB) and we expected, deliverance. Our "expectations" may have been a little lofty (concerning the downturn in the technical markets). But how come MSFT has managed to come through? Has anyone watched that stock over the past month?!! That is what is called, "leadership." MSFT just continues to deliver. They produce valuable products for consumers. And . . .they typically exceed statements about earnings. In short, "they deliver" or. . .they "Just Do It!"
Okay. . .I bought into this dream at a very high risk level, and from purchasing very high risk stock. Now I understand why that took place. This "Possino, Pacific Rim, Sherman, Truthseeker BS" and all the other crap, has not made many a long a very happy camper. I'm tired of hearing the rumors and statments on the message boards. I would like to hear a statement from HRCT as to what this is all about. Particularly these "long-winded" bashers that continue to haunt the organization. Can anyone else give me a stock issue that has been so regularly taunted by individuals that appear to be determined to destroy the organization? Please let me know, if you can.
Granted, naysayers and opposition will always be offended from success. At this level, however, I'm beginning to wonder about HRCT's success potential. I am extremely saddened that there will be no $10.00 per share dividend (that is really the only reason I held HRCT through the maddened market). Of course, logistically, how can HRCT do something of this manner? Now, it appears SA's IPO has been delayed. This is a lesson for me. . .and for the HRCT's management. They simply have to deliver the goods. And, by all means, they need to avoid presenting deadlines to the market (and what appear to be promises to investors) that things are going great (when it appears they are not).
In ending: How come I still believe that someone can come aboard this ship to finish the dream? Why do I need a reason to ask this question?
Peace,
M&M Man
From reading the CHAG Club site, it appears the initial million dollar financing is still undergoing completion (possibly, within the next week as I gather from that site). At any rate, anyone that has mortgaged a house should know how long it takes for bankers to make up their minds. Things will be rolling in the forward direction. . .soon. It appears the potential for a JV is also in the making.
Keeping the faith,
M&M Man
George #2. . .
Why not post the question on the Chag Club site? From there we can see the exact answer provided by CHAG's execs. It appears CHAG favors answering their long-term investors.
Peace,
M&M Man
George. . .
From what I understand, the million is a done deal. Listen to the last radio talkshow with Tom Bustamante and Shane Rodgers. He appeared to confirm that the initial funds were there. . .as was the financing. I may have to retrace my tracks here. . .but I'm pretty sure that is what I heard. Can anyone else second that opinion? If not. . .We'll just have to wait and see. But my understanding is that there is not a whole lot to worry about with the initial financing.
If anyone can give us an update on the production rates on the Kansas properties. . .that would be appreciated. I'm running low on time to commit to the message boards. However, I'm still sorting through the myriad of information. Keep up the great work. It is appreciated.
Peace,
M&M Man
Again, Arch ~~ I'm keeping my fingers crossed. We know these approval processes can take time. However, in physics one learns that once an obstacle begins to roll. . .it is easier to keep going than it is to make the obstacle stop. We're in the "beginning to roll" stage. In fact. . .CHAG is now rolling. It appears that it is going to be difficult to stop what they have going for them. Now, it's all up to the numbers people. Time for a good CPA to be watching CHAG's directives. If we can show earnings by the end of the year. . .I've said it before, and I'll say it again. . .I'll buy the drinks at the shareholder's meeting LOL!
Keeping the faith,
M&M Man
arch~~
Sixty-five miles is a lot of pipeline. It will be interesting to see if CHAG can acquire the adjacent property (to the Shinkle Field). There appears to be a great deal of oil and natural gas on that land. Didn't I hear in the past that CHAG was moving towards completing a deal to attain that property? Do you know anything about this?
Thanks for the post!
Peace,
M&M Man
New study predicts huge Web investment
Wednesday, April 25 2001
by Tony O'Brien
A bright future for the dot.com industry has been forecast by a leading market analyst who predicts investment of over USD5 trillion in the coming years.
In a major survey of e-business, IDC argues that current market assumptions are wrong and that the dot.com crash is irrelevant. But it does highlight problems such as mobile access difficulties in the US and problems some e-business companies have accepting payments over the Web.
The eWorld 2001 Survey was conducted through 27 countries polling the three major subsections of the e-business: CIO/IT managers, business executives and consumers.
Its results challenge the accuracy of current Internet market assumptions and say the dot.com stock crash has made people lose sight of the fundamental reasons companies invest in e-business strategies.
"Contrary to recent reports, the Nasdaq's woes in no way mean the end of e-business," said John Gantz, IDC's chief research officer.
Based on eWorld 2001 findings, IDC forecasts over USD5 trillion will be invested over the next four years in developing more efficient modes of conducting e-buisness worldwide.
Saying the dot.com crash is irrelevant, the report predicts companies will spend more on Web site infrastructure this year alone than they did in five years preparing for Y2K.
"Although Internet stocks have crashed, dragging most of high tech with them, this decline is simply part of a cyclical market trend," it declares.
Companies worldwide are still investing with fervor and over the next four years the number of Web sites will double, e-commerce will increase by a factor of 10 and technology spending on Web applications will escalate four times what it was in the previous four years.
Saying B2C is not dead, the survey predicts that by 2005 over USD700 billion will be spent by consumers purchasing goods and services on-line in the US alone.
On mobile access, it says the US is "stuck in the mud," adding that by 2004, Europe will have twice as many mobile Internet users as America.
It found that while two in five Web sites can take order, less than one in 10 can handle payments over the Web.
By 2005, it says, over 30 percent of all Internet users will speak English as a native language while Chinese will come second.
MisterEC ~~
The plain and simple fact-of-matter is, traditional valuation methods for stock are based on earnings, revenues, and P/E ratios. If HRCT doesn't report earnings or revenues, how can valuation procedures be performed on their stock? My expectations were that we would see revenues, last year (around October) and very possibly, profits. Of course, management of HRCT did not fully understand the mechanism for reporting such earnings (in the United States). Perhaps that is why they decided to dividend SA and SB shares ~~ so that we would all have stock in our accounts (by holding HRCT shares) that would show earnings and revenues. It's very complicated, I'm sure. . .and I can understand HRCT's execs frustrations. But this is not a barrier that will be easy to overcome. In fact. . .in the light of recent events and statements, it is going to be a extremely difficult event to overcome.
Anyway. . .I'm looking forward to the day when the "demand" for HRCT's subsidiaries, can be put to print. And, of course, to when revenues can be generated. When HRCT had the capital, I wish they would have listed on the GEM. I just do not see the OTC BB as having any positive influence on any tech stock. Particularly those in China (at this stage in time). The WTO negotiations are simply another part of the delays. Things have changed since the early days of Y2K. Who would have ever thought that the Y2K bug would have destroyed our tech market? I knew something was to blame!!@
Peace,
M&M Man
Recommendations:
1: HRCT sell to a company with assets that can back their need for capital. Obviously, they didn't find the cash rich partner they were looking for. In this market, that is not their fault. I blame nobody for what has transpired. I'd just like to see this company become a success. And I don't see how they can do it with the events that have transpired in the past little while "hitching-a-ride" on their coat-tails. Perhaps the new addition to the SA team can assist in finding the necessary capital to make this dream work.
Quote from The Motley Fool:
"Feet on the gas. Rising natural gas prices made profits, uh, gush at Chevron (NYSE: CHV), Amerada Hess (NYSE: AHC), Unocal (NYSE: UCL), and Kerr-McGee (NYSE: KMG). For the quarter ended March 31, the companies' earnings per share jumped 57%, 115%, 53%, and 65%, respectively, over the year-ago period, stomping Street estimates all around."
Peace,
M&M Man
Tinberry, we still need proof of revenues. Look at it this way, many investors thought HRCT was already in possession of that "1" share. Again. . .don't read me wrong. Sometimes my writing style just gets straight to the point. . .and that's it. Anyway, the impact from the last 10KSB was not that significant (when much was revealed). I would not expect the shareprice to go bananas (or is that coconuts LOL) after the next 10KSB. We truly need to see some revenues. Hoping we'll see some from SA ~~ and some profits, as well.
Anyway. . .great to read all the input on this thread. Very much appreciated. Will touch base as time permits.
Peace,
M&M Man
PS ~~ I sure wish HRCT would send out a PR explaining these company structures ~~ why they were recommended, and what the "planned" outcomes will be (for shareholders, and the organization). I've read so many other people's opinions on the matter ~~ reportedly credible people ~~ and then the 10KSB comes out the way it did. The problem is, it's difficult to sort the "wheat" from the "dirt." LOL I'm just about ready to revert to reading text books. I mean "text" not "novels." Then again. . .time to finish "The Fountainhead."
arkieboy~~
I think that's a little bit "outdated." Anyway, it was an interesting read. In all actuality, it's very difficult to determine what a stock is actually worth on the OTC BB. The market makers will move in accordance with demand on the stock. Right now. . .there is little demand on CHAG's trading shares. Now. . .when revenues begin to pump out of the company, and they can be strong enough to report earnings, there is little reason why the stock shouldn't go up. Then again, who knows with this OTC BB? I vote ~~
1: Lets get the Kansas property fully operational before jumping too heavily into the Glass Mountain projects.
2: Lets get off of the OTC BB as quickly as possible.
3: After off of the OTC BB, lets get some coverage on the stock ~~ and hopefully, some institutional buyers.
Keeping the faith,
M&M Man
Funincolo ~~
I'm not sure whether you read this site or not, Mike. . .but one thing that OCErnie has going for him is that the shareprice on HRCT has done nothing but go downward for several months. Granted, market conditions are sleepy in this sector (?? is that a good sign??), but there are some things to watch. OC never seems to hit anything on the button. . .but since the stock has done nothing but go down. . .he's more credible than those who may be speaking the absolute truth. Strange market. When the stock heads back up (if it ever does) ~~ OC and his bashing friends won't be around to do their deal (referring to posts from the Raging Bull's site). The deal is. . .HRCT's management has to go out and get their fricking revenue stream on the 10K and . . .reveal earnings (I don't care if that is from the boyscouts of America). That . . .my friend, has been a LONG time in coming.
Peace,
M&M Man
PS: Others ~~ was just checking the RB site. Still mezmarized that anyone bothers going there. ?? I think the IHub site needs to take a stronger marketing campaign into consideration. Then again. . .I think the same thing of HRCT LOL!
Eastwind. . .
I haven't had time to monitor the web/net/message boards. But how come that doesn't surprise me?
Cheers!
M&M Man
20 Million USD????!! Wow. That's a far cry from 100 million USD (isn't that what was previously expected?). Does anyone know when those new numbers came out? What about Sinobull? Would we expect that the potential for raising capital on Sinobull would have fallen as much as that for SA? What a market!
Peace,
M&M Man
Whew! Interesting read. We go up to that valuation and I'm sure we'll all be upgrading our computers LOL!
Peace,
M&M Man
EZ ~~ If there is the potential for SA to list on the OTC BB, does anyone know if there has been any confirmation on SA not being accepted / qualifying, to IPO in China? TIA.
Peace,
M&M Man
EZ ~~ Nice chart. It would be nice if the technical indicators, at least. . .could turn this ship around LOL! It least it would be entertaining to get at least one greenlight in the near future.
Still lurking. . .
Peace,
M&M Man
There has been information posted on the CHAG Club site stating that several updates will be coming, shortly. I believe we may hear something as soon as today.
Other ~~ One thing that is nice is it doesn't take much time to monitor this thread LOL. I have a lot of work to do around my home (new lawn/landscaping). So everyone . . .be patient. I'll be around as time permits (I'll at least lurk on this site at strategic points in time).
Peace,
M&M Man
EZ ~~ That article is EXACTLY what has been posed to the HRCT investors for quite some time. The politicians have been saying "it's a done deal" since the early 80's. Now look at the WTO talks. If China is in the WTO by 2005, I'll personally eat my hat. What a joke.
Peace,
M&M Man
David. . .LOL! The stock runs back and forth between the low thirties and upper 50s. . .on a regular basis. I would expect that trend to continue until revenues are reported to the market. It is certainly strange that a company with so much potential can be trading at this level. However, there are no revenues/earnings, yet. With these emerging companies there is at least a 12 month "wait and see," approach. I'm gonna hold for now. I'd expect things will improve in the near future.
Peace,
M&M Man