Well ~~ looks like another holder of 400K shares has filed to get out of this market. A. Binder.

Okay. . .this market sucks. I admit it.

Peace,

M&M Man

Minddoc ~~

I can't decide whether to laugh on that one, or gasp. Anyway, here's a book or two that are NOT too comforting:

Deterring Democracy ~~ Naom Chomsky
Deep Cover ~~ Michael Levine
From Freedom to Slavery ~~ Gerry Spence

interesting insights on the legal system (Spence) and politics (Chomsky). ~~~ I'll let your own minds dictate what to think of recent world events.

Peace,

M&M Man

Marshell ~~

It could be because SA is a leader in their field, in China. Not necessarily the entire world. When one throws MSFT and RealNetworks into the equation. . .there are some pretty big players, there. Anyway. . .perhaps SA can be one of those players in the future. I'm just hoping the media doesn't play this military mishap like a guitar, to the public. The tune right now ~~ does not sound good. Therefore, it will be difficult to get many investors excited about a company in China.

Interesting how sooooo many misconstrue this "spying" thing. My understanding was it was a surveillance plane. And they were flying outside of China's borders in International airspace when the event took place. I do, however, know how the US can sometimes distort truths. I should have never read that book by Naom Chomsky (Deterring Democracy). It sure sheds some light on a few things. Politics.

Peace,

M&M Man

Tempaussie ~~ I thoroughly enjoyed your post. I can speak for myself, but maybe not for others. . .I do know that Dr. Phan is on the "up-and-up" with his investors. The variables for the decline in shareprice/pps of HRCT's trading stock have so many tangents that it's difficult to dance through the issue. I believe the primary reason for the valuation is simply, the OTC BB market combined with the fact that the 10K~~ didn't reveal anything particularly enlightening. In this dismal market, that's probably going to be one of the toughest psychological blows for HRCT to overcome. Now, it's merely a matter of "delivery" with the SA IPO ~~ and I'm hoping one of the primary reasons for Dr. Phan's trip to China this week will be to complete that objective.

At any rate. . .It's a pleasure to hear some of the "more bright" points in the 10K~~ as posted by funincolo and SinoK. Lets hope the positive potential of HRCT comes shining through. Frankly, I'm just a little bit worried about how revenues in China can be reported in USD. I know it can happen, but the loopholes must be incredible to work through. The same with the sale (or purchase of) shares overseas and whatever commission/taxes. . .etc, may be incurred from those accounts. I'm all new to this. . .so I guess I'll have to trust that it won't be too much of a "taxing" burden, if you get my drift.

Anyway. . .thanks for the great post.

Peace,

M&M Man

Tin-berry ~~

And very well spoken, I may add. There are no violations of "freedom" on this message board. In fact, we . . .as investors, are exercising our right to speak freely about our investments. We are also exercising our right to remove derrogatory statements and worthless/mindless pradle. At any rate. . .it's a refreshing scene to see the seriousness of the conversations on this thread.

Keep up the great work!

Peace,

M&M Man

EZ ~~ Thanks for that article/post. There are many different ways to view the energy sector right now. In fact, there are several different ways to view this overall market. It's an ugly thing, out there. Lets hope this latest downward spiral doesn't crash through support. It should be an interesting trading day with both the DOW and the Nasdaq.

Keep the faith!

Peace,

Mark

George,

I couldn't agree with you more. I've watched other upstarts try to grow too soon. . .too fast. . .(emerging companies) and they end up losing investor loyalty along with their market cap. Small steps. That's the secret. The "big bucks" will come with the progressive growth of the company.

Anyway. . .today is another day. I haven't had time to go around the other message boards so I'll take some time to refill my coffee cup and be back with anything else that may have come out during the night. For now, I'd say. . .thanks everyone for contributing to the CHAG ihub board. This is sure a refresher after having dealt with bashers on RB for so long.

Peace. . .

M&M Man

Hi Mike,

I haven't heard anything yet. Nonetheless, I would suspect that we will hear something very shortly. It's nice to see a little green in a market like this. Whew! Now, I'm glad I was buying CHAG at 32 to 50 cents! Anyway, I'll keep you posted if I hear anything else.

Keep the faith. . .and stay tuned!

Peace,

M&M Man

Husker ~~

Would appreciate it if you would contact me via email @ mmayr@aol.com or here on the ihub site. EZ brought some interesting things to my attention.

Peace,

M&M Man

Goldengate. It would be appreciated if you would not bring that discussion to this board. Thanks.

Mark

EZ ~~ To be "buying" when everyone else is "crying," is a sign. LOL~~ I'll stick with the small stuff. . You know where that goes. . .

Peace,

M&M Man

General George. . .

Thank you very much for the insight. I have the intuitive feeling that you are a wise person. Most of the people on this message board thread (I probably could say "all" of them) know that you are true grit. After a while, it is easy to know who is speaking the truth. . .and keeping investors updated with "honor" around their voice. Anyway, not going to go there.

Your continued efforts on this message thread will be very much appreciated. Personally, I would like to be off of the RB Message Board prior to any bashers moving in. The good news is. . .they aren't moving in. So, perhaps they can't find anything bad about the company. The bad news is, bashers only bash good stocks. So. . .maybe we need a couple LOL!

Anyway. . .the reason we are going to hang out over here is to give Shane the freedom to keep the CHAG club, small ~~ and for us to develop questions for CHAG. . .and submit them when viable. That will prevent nonsense from taking place on the CHAG message board. As mentioned before. . .RB is open house for all the public. We'll get our naysayers and our cheerleaders, over there. However. . .great down to earth discussion on this thread will keep us on a "reality" focus in order to avoid "falling in love" with our stocks. The company delivers. . .I'll keep holding my stock. In this market environment. . .that's promising!

Peace,

M&M Man

General George. . .

Thank you very much for the insight. I have the intuitive feeling that you are a wise person. Most of the people on this message board thread (I probably could say "all" of them) know that you are true grit. After a while, it is easy to know who is speaking the truth. . .and keeping investors updated with "honor" around their voice. Anyway, not going to go there.

Your continued efforts on this message thread will be very much appreciated. Personally, I would like to be off of the RB Message Board prior to any bashers moving in. The good news is. . .they aren't moving in. So, perhaps they can't find anything bad about the company. The bad news is, bashers only bash good stocks. So. . .maybe we need a couple LOL!

Anyway. . .the reason we are going to hang out over here is to give Shane the freedom to keep the CHAG club, small ~~ and for us to develop questions for CHAG. . .and submit them when viable. That will prevent nonsense from taking place on the CHAG message board. As mentioned before. . .RB is open house for all the public. We'll get our naysayers and our cheerleaders, over there. However. . .great down to earth discussion on this thread will keep us on a "reality" focus in order to avoid "falling in love" with our stocks. The company delivers. . .I'll keep holding my stock. In this market environment. . .that's promising!

Peace,

M&M Man

Tinberrygood. . .Warren Buffet has always been a strong proponent that stocks aren't worth anything. However, he also knows when to get in whilst others are bailing. Do you have any information that can verify that Buffet is moving into stock? The last time I looked. . .he was heavy on gold and silver.

Peace,

M&M Man

R Blair & Goldengate. . .LOL! Anyway, I just did a market analysis using the charts on the .dji and the nasd. Things are not looking good ~~ technically, or other. Let me put it this way. . .my defenses are up. NO STOCK is worth BEANS if the market is spiraling downward. There will be a time to be back in. . .but I'm securing gains and cutting losses. That's my defense. I would recommend that everyone else set a defensive play into effect. Particularly those that are living off of the markets. Longs. . .can do what they wish. I consider myself long on a couple positions that probably won't go down. BUT ~~ I am not going to hold stock in companies that can turn the tail. Just be careful. Something wicked this way comes (marketwise).

Peace,

M&M Man

PS: Not trying to stir panic. . .just sharing some observations. In this instance. . .the neutral will end out on top.

EZ ~~ That's all I needed ~~ one person to see what I'm seeing. Not good. There are several indications that this market is going to turn VERY nasty. I'm hoping my recent assessment is wrong.

Peace,

M&M Man

Pitcairnguy. . .

Pit. . .agreed! What type of reality may be behind those "nebulous dreams" is yet to be determined. But this far, I have not seen an impressive outcome. Baby steps sound good to me.

Peace,

M&M Man

EZ ~~ I would guess there might be some influence, there. Nonetheless, I'm still waiting to hear something on the SA IPO (formal). I'm wondering if the "pledges" that were requested to come from the US (to purchase SA shares) didn't add up to enough to impress Koffman? I just don't know. And right now, I really don't wish to call the company to find out LOL! Anyway. . .tomorrow will be another day.

Peace,

M&M Man

Minddoc ~~ I believe another fatiguing concern with doing business in China is the WTO concern. It has been on the table for so long. . .it is rediculous (like, 20 years). The politicians would leave one to believe that it is "right around the corner." However, it has been in that position for nearly a decade. One can actually go to the WTO site and chase articles back to the 80's that say that (quotations from Senators and the like) accession of China into the WTO is expected to happen, "soon." Well. . .guess what. . .how is "soon" determined by these people? During our generation, I hope.

Now, many would hasten to say that the WTO agreement is not needed for HRCT's development. Well. . .guess what, anything "psychologically beneficial" that will boost HRCT's positioning will most assuredly improve HRCT's ability to grow and mature into an ongoing concern. Anyway. . .I'm running off at the fingers. . .again.

The "deal making" era was fun to watch (Internet bubble with all its hype) but tomorrow's winners are going to be positioned to make cash. And they are going to "seal the deals" they have on the table. To me, and still hanging tough on lots of shares. . .Hartcourt lacked the ability to close deals. Whether that was financing, or prudent behavior by the execs. The seals did not get delivered, they got advertised. So now. . .I'm just trying to think of what WILL happen with HRCT. I've heard all the exciting statements. . .and still will watch this company grow. . .but what is missing from HRCT's team (or who?) which may prevent this latest disaster from ever happening again. .............. EZ to say now, I suppose.

Staying life's course. . .

Peace,

M&M Man

PS: Sure is tempting to move into oil/gas

Husker. . .

I don't know who would be privy to have that information, but I do know someone you can telephone who may be able to give you that information. Feel free to contact me via my email address if you'd like that number.

Peace,

M&M Man ~~ MMayr@aol.com

Husker ~~ are you referring to the latest quarterly reports from CHAG? Or future projections for revenue based on what CHAG believes their oil production will be (and natural gas)?

Anyway. . .I can assure you, the recent financials of the company won't be giving you anything real strong to extrapolate from a software program of any nature. We will need revenues to begin coming out of the company before we can figure out potential for profit. Then, we'll also need to consider the expenses incurred from providing the electricity to the pumps. . .shipping the crude. . .and getting future pumps up and running. I have a feeling it's going to take CHAG 12 to 18 months before they start to see a profit. The "potential" for profit, is astounding. However, those startup costs are hummers!

Keep the faith. . .let me know what type of financials you're looking for. I'll see if I can dig them up.

Peace,

M&M Man

Tinberry and Cabby ~~ Thanks for the humor! LOL.

Boatrgirl. . .the bashers have a right to be boasting. But nobody has a right to attack other human beings. At least that won't be happening in this neck of the woods. Feel free to express your concerns as well as what you believe to be positive.

Here is my positive: HRCT is positioned in China, in an industry that is projected to be larger than than the United State's Internet community by the year 2005. HRCT appears to have developed a team of professionals that can handle the development of the organization. Everything else, I will leave at face value until it is delivered.

Negatives: Deals that were stated to the market, that will apparently not take place. No value on Enova's shares after nearly two years. The reference for potential of a profitable dividend for SA . . .??? *** Hong Kong currency? Not a tickler. Trying to keep the faith. . .

Peace,

M&M Man

Da!. . .very well written. Thank you for sharing. Many of us have worn the rose-colored glasses for too long. It's time to get down to the brass bolts of exactly what in the he!! is going on in HRCTLand. To wait for the 10KSB filing to come out before admitting that several deals had to be cancelled, is not making me a happy camper. I knew . . .that there was no-way HRCT could have had the capital to complete all of those business arrangements. Now, we know the truth.

I think that it is important (and very MUCH so) that executives of organizations get a better understanding of the securities markets and how they operate. HRCT's distant past had a series of failed acquisitions, as well. Those from way back can just imagine. It is time for HRCT's executives to learn from their mistakes. . .and start taking baby steps to develop this company. With the "One-step-at-a-time" approach, it will be much easier to create revenue. How in the world could any one man. . .or small team of individuals, actually accomplish HRCT Capital, Sinobull, and StreamingAsia ~~ all at once. What I believe HRCT needs to do is get StreamingAsia.com under their belt. . .and drop everything else. I do not see any foreseeable future in HRCT if they can't slow down on the "acquisitions" and "deals." In reality, what is the rush to have shares in three other companies over the next year? Why is that the focus? The focus should be to make SA as profitable as possible so that more cash can be posted on HRCT's future reports to the world. Anyway. . .I share your concerns. . . .and I'm rambling from all of the information I have read in the past 24 hours pertaining to the 10 ***~~~~!!!

Okay. . .enough of that. Now, what in blazing tarnations can we do as concerned investors to sink some very DEEP messages into management's head?

Staying the course. . .

M&M Man

Hartcourt Chairman Reviews Operations and Corporate Planning With Shareholders


LOS ANGELES, April 3 /PRNewswire/ -- The Hartcourt Companies Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT), (www.hartcourt.com) today sent the following letter to its shareholders:

Dear Shareholders:

Oliver Wendell Holmes once said, "The greatest thing in this world is not so much where we are, but in what direction we are moving." I remember that quotation well, because where we are right now is not pretty. And compared to a year ago, it can be a bit depressing, especially if you bought into HRCT or other tech stocks at the market's highs.

As we begin a new quarter in our operations, I would like to convey my belief that while these recent developments will likely cause delays of many pre-planned ventures in China, I believe that large over-extended multi- national and mid-cap corporations will be impacted to a greater degree than the activities of Hartcourt, and may even contribute to additional opportunities being available to those companies nimble enough to act quickly and work within the existing environment.

Our business expansion will continue and I will be traveling to China later this week to seek out new opportunities while taking steps to close some of the transactions we have announced over the past months.

In short, I am as optimistic and confident as ever of achieving our company mission and its objectives. Let me summarize my reasons for this optimistic stance:

1. In contrast with the US, Japan and other countries, China's GNP is

expected to grow at a 7% pace in 2001. The spending in technology

solutions is still going strong; therefore, its tech sector is not

expected to suffer from the earning malaise experienced by US

technology companies.

2. The Chinese stock markets are still appreciating thanks to the opening

of B-shares to local residents. Our SinoBull subsidiaries should do

well in this environment.

3. Due to the slowing economic growth in the US, Japan and Europe, many

multi-national companies that might have posed strong competition to

our ventures have shelved their plans to enter the China market.

Therefore our subsidiaries and strategic investment partners should

enjoy another year of dominance thanks to their current market

penetration.

4. All Hartcourt subsidiaries and strategic partnerships in Greater China

have substantial cash on hand and incur relatively low expenses from

their operations. Even if the economy takes a turn for the worst, they

appear to have sufficient cash flow from operations to sustain them for

the foreseeable future.

5. The plan for monetizing our assets is in place and we expect it to

proceed according to schedule, despite the lower forecasts for the

stock markets. Consequently, I have little doubt that HRCT

shareholders will be holding shares in three additional companies by

this time next year.

6. Our overall management team continues to attract new talent. We are

focused, determined and mentally unshakable. We believe we will be

successful because we are always prepared to take the extra step and do

more than what is required of us. We continue to aim for the top of

the mountain.

During the investor meetings we conducted in March, we answered many questions regarding the purchase of shares in some of the holdings we plan to spin-off through IPOs, as well as the distribution of dividend shares. Let me again share with you our plan:

a. Most of the IPO shares are pre-sold by underwriters to institutional

investors. However, to have a successful IPO with over-subscription,

we need your participation in the subscription to purchase shares.

Even though the amount of money involved is small, the psychological

impact of US and European investors in the IPO process will boost the

level of confidence in the market place. We appreciate your support in

this effort.

b. Hartcourt remains committed to distribute shares of SA, SinoBull and

ETNS to our shareholders. We shall structure the distribution schedule

of these dividends so as to provide the greatest benefit to long-term

shareholders. The distribution of any future dividends is not intended

to be a one-time event, but rather a process that will be completed

over the next two years. Of course, the schedule might be adjusted to

lessen tax consequences or to comply with other legal constraints.

c. It is likely that you will receive these proposed dividends as shares

listed on a foreign stock market. Before we can apply for American

Depository Receipts (ADRs), it is best that you open an international

account with your broker enabling you to trade these issues. Better

yet, you could open an account with Koffman Securities and support our

investment there too. Koffman's applications can be requested through

our office in Los Angeles.

Overall, we are moving steadily in the right direction. The vision is clear, the plan is essentially unchanged and the execution continues. We might have run into a heavy storm, but our ship is sturdy and we plan to arrive at our port as expected. While my feelings are that the next six months will be a difficult period for the financial markets, I also believe that afterwards it will be "Tech Stocks, Act II," and I believe Hartcourt will be a marquee player.

China will still be China with its 1.4 Billion people, cutting edge technology will still be the driving force of our modern economy, and Hartcourt will still be one of the leading Internet companies in Asia. My conviction and commitment to victory and success is as solid as ever. My father used to tell me, "Life is like riding a bicycle. You don't fall off unless you stop pedaling." Let me assure you, our legs are strong and we are riding on. The parade is waiting.

Sincerely,

Dr. Alan V. Phan

Chairman

Marshell ~~

I really believe that Dr. Phan had good intentions when he made all of his deals. However, his understanding of the market is not too good. I know several longs (including myself) that posted cautionary statements on the Raging Bull's message board that all of these "acquisitions" could lead to HRCT's demise. I know EZ was one of the people who had the same feeling. Now. . .look where we are. . .

Anyway, I do believe things will be straightened out over the next 6 to 9 months. I wish, however, when a "deal" could not be completed. . .the market would be informed. At least then, the reports from internally stemming from the company ~~ wouldn't be such a surprise.

I really can't believe the downward spiral in many of the OTC BB stock issues. I've been watching EDIG and several others, spiral downward as well. I know this much is true. . .I need to thank William J. Oneil of Investor's Business Daily for his book, "How to Make Money in Stocks." The question is, "When will we have reached our bottom in the markets?"

Stay tuned. . .

Peace,

M&M Man

Hi Ray, and General George. . .great to see you guys onboard. I thought it was an EXCELLENT idea for husker to create this message board prior to any potential (major or minor) increases in CHAG's shareprice. The bashers on the Raging Bull are just getting rediculous. So. . .we'll be ready when we need another thread. Anyway, I have noticed that Shane Rodgers is getting a little annoyed at some of the messages over on the CHAG club site. So, it's probably a good idea to have this thread for "freedom to speak" for all concerned investors. . .and a little venting, from time-to-time. Lets try and keep the dialogue as professional as possible, however.

Okay. . .the latest appears to be that the inspectors did okay the oil pumps for operation. It is suspected that the financing is complete. . .but the CEO wants to have written documentation from both the oil fields and the financiers before releasing any news to the market. So, from what I have gathered, it will probably be Thursday or Friday before we hear any news. Tom Bustamante has been posting on the RB Message Board and states he may have a radio interview with the CEO of CHAG, sometime today (after confirmation of a few things takes place). I hate to be so general but it is very difficult to be specific when the specifics simply aren't out yet. Anway. . .

Welcome everyone! Lets try to keep the topics on this thread specific to our company ~~ CHAG.

Peace,

M&M Man

PS: EZ ~~ Your intuition about HRCT (and mine) was right on target. The recent filing doesn't look too good. However, in 9 months things should be better. I'm holding a lot of shares in that one. . .only to know, things could get very ugly. It might be a good buying opportunity, today. ??

Jointhefun ~~

Boy, you sure hit that one right on the head. At any rate, I'm still seeing the potential for a great HRCT company in the distant future. Particularly with the likes of Dr. Yang and his group aboard. Dr. Phan really has created a winning team. The market environment, however, is not winning. It's just going to be a matter of weathering all these storms. Please, someone. . .bring in the snowplows LOL!

Peace,

M&M Man

Husker ~~ Muy Bien! ~~ LOL! Now, if EZ will educate me on how I can control any negative yahoos that come our way, that would be appreciated. Anyway. . .can't see how there would be much negative to say about CHAG. Although I have found the managerial style to be a bit, "militant" (see some of Shane's comments at the CHAG club) I can most certainly understand the need to stop any BS before it turns to turmoil. Lets hope for an update on the financial loan (acquired) soon. I'll let you all know what I find out as it pertains to the oil wells.

Peace, friends. . .lets hope someday we have an entire possie around this neck of the woods that will be supportive of. . .more gas and oil!

Hasta. . .

M&M Man

Husker ~~ It's great to be here. Thanks for initiating this thread. EZ tells me you might wish to contact me via email. Feel free to write mmayr@aol.com if you'd like. I'm not sure what I can share that hasn't already been exposed on the RB Message Board, but I'm more than willing to create dialogue amongst good people.

Keep the faith. . .and lets hope our CHAG lets us know what in tarnations is going on with the financing/inspections.

Peace,

M&M Man

Hi Minddoc ~~

That's one of the reasons I let others know when I sell. The type of shares I hold have to be registered with the SEC (Series 144-D) which in turn will end up on the sale list all over Raging Bull. I did want to sell any HRCT shares right now, but all my other investments are in the "short term" category. . .and I do not wish to incur the short-term gains taxes. HRCT is the primary long position I have ~~ and HRCT should do just fine, long. I have held for over two years, so I'm not too disappointed at having to sell some shares. Particulary in this market. Now, I can rest at night and not worry about what Greenspan and the economy do for another year. Nonetheless, a good deal of my sale is going to my father. It's his investment as well.

Anyway. . .I truly hope to see some great things from HRCT in the next year. And if CHAG takes off as is expected (by me, anyway ~~) I may not need to sell any HRCT for a very long time. But this OTC BB stock thing ~~ can only be played in accordance with market beliefs. And right now, I do not have very strong beliefs for OTC BB stocks. None of them. CHAG stands to hold my risk level a little higher because of the potential for natural gas and crude oil during these crazy market times. But anything that has to do with tech ~~ I'm watching closely. Particularly on the OTC BB. Lets just hope things with ET/ETNS/SA and Sinobull deliver us great results. And lets hope this latest military event between the US and China . . .is resolved. I'm certain it will play a role in how the WTO events transpire. Another very fatiguing element.

Peace,

M&M Man

Hi Andy. . .

I'm still trying to get familiar with all of the new names on this message board. Happy to see that most people are going by their real names or the same name that is on the RB Message Board. Anyway, our HRCT is trading up nicely. I heard their were a couple nastygrams that EZ had to remove secondary to my being honest with a recent sale of shares. Anyway, I still have a great deal of faith in HRCT. But everyone needs cash on occassion. It's not like anyone in their right mind who is depending on things to go well in the future. . .wouldn't have some type of defense system set up. Anyway. . .glad to hear your common sense attitude coming in. I'm sure Marshell meant no disrespect to HRCT. He was just hypothesizing. You both have valid points. And remember, if we can post some of our questions to others. . .perhaps when we don't have time to contact HRCT ~~ someone else can.

Anyway. . .good to see all the fellow longs hanging in there and continuing to weather this market storm. I will not post on any other message board other than this one (pertaining to watching my HRCT investment) because I am seriously considering the fact that the Raging Bull's criteria may be to have "brainless idiots" employed by Raging Bull. Raging Bull does a very POOR job of taking off slanderous statements, and I'm wondering if they may actually employ those aggressive opponents to our investments. Hmmm? At any rate. . .I will not, shall not, nor will I ever. . .fall in love with a stock. Time for HRCT to keep moving forward. . .even during the turmoil. I still VERY much enjoy the wheelbarrel full of shares I still own (HRCT). And I'll continue to hold them as long as HRCT can continue to show me they are moving forward.

Peace. . .and keep us all posted on any new diggins you find that pertain to the SA IPO ~~ and other facets of interest with HRCT. I did hear from someone that attended the New York shareholder/roadshow meeting, that it is expected HRCT is going to announce how the dividend in SA is going to work within the next 10 days. The source was very credible. So, I guess we'll just need to watch. I'm hoping this latest military concern (the accidental? meeting of Chinese warplanes with a US surveillance plane) doesn't hamper our WTO possibilities.

Keep the faith. . .and thanks for all your viable concern and updates.

Peace,

M&M Man

EZ ~~ Indeed, the information that continues to make its way to the RB site pertaining to CHAG's merger, is interesting. As far as the post incriminating me for selling shares in HRCT goes, you should have seen how many wanted to hang me when I sold 16,000 shares between 15 and 16 per share LOL! Now, I wish I would have sold all of my shares at 15 to 16 and bought back my initial position at today's going rate. What a joke those bashers are. I wonder what will happen when I begin selling CHAG ~~ ?? Hell, I wonder what happened to Bill Gates when he sold some of his MSFT shares LOL! I can't believe the intellect of some of the roaches on these message threads. Anyway. . .

Peace to us. . .~~

I'm happy with my decision. . .

M&M Man

EZ ~~ Thanks to you and Tinberry for starting this great message board thread. I'm outta the RB site. . .for good (HRCT thread). Unfortunately, it looks as if several of the "longs" on the HRCT message thread are losing confidence. I really hope the best for the SA IPO. I still have a lot of shares of HRCT that I intend on holding for at least another year. I'll go on a "wing and a prayer" to assume that things are going to get done in HRCTLand. Many great things have been accomplished by the company. And I would expect many great things will continue to get done. I just wish we'd have gotten off of this POS OTC BB listing hump. I don't care how hammered stocks are getting on the NASD, at least they will turn around when investors start jumping back in. Now, we're dealing with the mercy of the market makers at the same time we're dealing with the ultimate silence coming out of HRCT. Things will get better. They always do. I just hope that people can trust that they will.

Peace,

M&M Man

MBR ~~

U.S. Seeks Contact With Crew Being Held in China

By CHRISTOPHER BODEEN
c. The Associated Press

BEIJING (April 2) - The U.S. ambassador to China said Monday that American officials were being denied contact with the crew of a U.S. Navy surveillance plane, more than a day after a mid-air collision forced it to land in China. He called the delay ''inexplicable and unacceptable.''

Three American diplomats had arrived on Hainan island and were making their way to an air base where the EP-3 plane landed Sunday after colliding with a Chinese fighter jet over the South China Sea, said Ambassador Joseph Prueher.

There was no indication if Chinese experts were trying to examine the EP-3's sophisticated monitoring equipment. American officials have insisted that the Chinese have no right to enter the aircraft.

Prueher said China had no legal basis to hold the 24 crew members. He complained that top Chinese officials were not taking part in official contacts.

''It is inexplicable and unacceptable and of grave concern to the most senior leaders in the United States government that the air crew has been held incommunicado for over 32 hours,'' Prueher said at a news conference. ''The Chinese so far have given us no explanation for holding this crew.''

A U.S. military spokesman in Hawaii, Army Lt. Col. Stephen Barger, refused to say whether the crew was supposed to destroy their equipment to keep it from falling into foreign hands.

The U.S. plane was standing empty at the military airfield where it landed in the town of Lingshui, said a Chinese sailor contacted by telephone at an adjacent naval facility. The sailor, who refused to give his name, said the crew had been moved to a military guesthouse.

A salvage ship from the Chinese mainland has joined a military search for the F-8 fighter, which China says crashed after the collision, according to a Hainan provincial maritime official. Chinese officials say the pilot is missing.

''They have not found anything,'' said the maritime official, who would give only his surname, Wang.

The United States has offered to help China search for its missing fighter.

The unarmed propeller-driven EP-3 took off from the Kadena Air Base in Okinawa, Japan. It carried a crew of 22 Navy personnel, one Air Force officer and one Marine.

The EP-3 is about the size of a Boeing 737 commercial jetliner and carries equipment capable of monitoring radio, radar, telephone, e-mail and fax traffic, according to defense experts.

The U.S. military says the plane was on a routine surveillance flight in international airspace when two Chinese F-8 fighters intercepted it Sunday morning.

China has accused the U.S. pilot of intruding into Chinese air space and landing without permission. It says it has made ''proper arrangements'' for the crew.

However, a U.S. Embassy spokesman in Beijing insisted the American pilot followed ''commonly accepted principles of international law'' when the plane made its emergency landing.

Chinese officials have assured the United States the crew is safe and uninjured, according to U.S. officials. The United States is asking China to expedite repairs and immediately return the plane and crew.

The incident comes at an uneasy time in relations between Washington and Beijing. China has been cool to the Bush administration's more cautious approach to relations with Beijing. It warned that ties could suffer over the announcement this month of new arms sales to Taiwan, the island China considers its own territory.

Washington also has protested China's recent detention of two scholars with links to the United States.

China has blamed the U.S. pilot for the collision. But the U.S. military said the cause is still under investigation. Adm. Dennis Blair, commander-in-chief of the U.S. Pacific Command, said the faster, more nimble Chinese plane had bumped into the larger, slower American plane.

Ordinary Chinese expressed anger and outrage. Few seemed to doubt the official explanation blaming the U.S. pilot. Discussion forums on Web sites were filled with demands to seize the plane and jail the crew.

The Chinese Foreign Ministry issued a statement Sunday saying the U.S. plane veered suddenly into the Chinese jet. The U.S. side has ''total responsibility for this event,'' the ministry said. State television repeated the accusation on its noon broadcast Monday.

Preuher said he met Sunday night with a deputy Chinese foreign minister, Zhou Wenzhong. He said the Chinese ambassador to Washington, Yang Jiechi, had met with State Department officials.

Prueher said tensions would mount the longer the crew are held incommunicado.

''The downside potential if we do not resolve this well is fairly high because it can bleed over into some other areas,'' he said.

Officials at Hainan government offices and the Lingshui military airport refused to comment, saying they had been ordered not to give information to reporters.

At least six reporters for Hong Kong and foreign news organizations who traveled to Lingshui were detained by police and soldiers and ordered out of the area.

The Chinese Foreign Ministry said the collision occurred at 9:07 a.m. some 62 miles southeast of Hainan. U.S. officials said it happened 58 miles southeast of the island.

Speaking Sunday in Hawaii, U.S. commander Blair criticized what he called previous unsafe intercepts of American planes by Chinese fighters.

The U.S. military already had protested such behavior before the incident Sunday, but did not receive a satisfactory response, he said.

''It's not a normal practice to play bumpercars in the air,'' Blair said.

A U.S. military spokesman in Japan said the American aircraft enjoys sovereign immunity, which prohibits Chinese officials from searching, inspecting or detaining the plane without U.S. consent.

Minddoc ~~ The article has some very viable perspectives. It is difficult to consider sinking capital into a new IPO or other companies that are lesser operative during this downturn in the tech sector. CSCO, ORCL, SUNW. . .the list just keep going and going and going. Too many values out there to consider gambling on anything "unproven." I think it's going to take quite a while before the OTC BB comes around. The techs will have to recover before anything on the tech OTC BB will gain attention. And they will have to reach a point of "overvalued" prior to any type of significant move into the OTC BB techs. It's just a real issue that we are facing. I'm hoping within the next couple of years HRCT can get the hell off of the OTC BB. I hate seeing the pps where it is at today, but I can't see how things can stimulate buyers. In fact, perhaps the roadshow should have never been pursued. Things were exposed during the roadshow that may have actually weakened investor confidence. Who knows?

Anyway, it's sure great to read perspectives on this message baord thread. I'll be lurking around to see what's coming next!

Stay tuned. . .

Peace,

M&M Man

Hello EZ & Husker ~~ I made it! Anyway, the RB thread for CHAG hasn't deteriorated as badly as it has for several other going concerns. I'll jump in here every now and then and see what's up. Husker, make sure you are watching the Ragingbull's message board for CHAG. There's some good information from individuals who are apparently close to the company that is in merger talks with CHAG. It should be an interesting week. I'll keep you guys posted if I find anything else out.

Peace,

M&M's Mark

Excellent Message Board! For some reason, I think MSFT just had delayed my submission for entry, here. Anyway, I'm off the RB HRCT thread. Sick and tired of all of the BS bashers that just jump at anything. Glad to see so many "real" longs here.

Anyway. . .I'll have more time to review the present commentary. Would appreciate it if anyone could paraphrase any hot topics that have been initiated thus far.

My primary concerns with HRCT are that the market environment just sucks. And I can't understand why HRCT would actually do the road show (other than they wanted to live up to the expectations they placed on themselves to make it happen) and not focus explicity on SA ~~ if that's what they needed to do. However, from what I've observed, the roadshow is more of a discussion of what many longs already know. I believe the intentions were to bring "new" investors to HRCT. But it doesn't seem to be working. At any rate, I believe the capital would have been better spent in China. I'm just giving up on tech OTC BB stocks until sometime late in the year.

Anyway. . .to make a long story short, I have sold a good chunk of my position but still hold a large number of shares in hopes that HRCT can deliver ~~ and the OTC BB market will improve. I'm just tired of this OTC BB crap. And HRCT has already endured the "bubble" lift. . .and now floats lifelessly downward. My enthusiasm would change quickly if HRCT would just get off of the OTC BB. And, after following this show for over 2 years, I can't say that it is possible for HRCT to take those kind of steps right now. And presently, the OTC BB is not the place to be. Anyway. . .lets hope the best for SA and SB.

Stay life's course. . .

M&M Man

Still trying to learn this thing ~~ having problems with my password and username cookie. Will lurk for a while while I figure out what's going on.

Peace,

M&M Man