I wonder when we're gonna get that dog-gone proxy.

Tomorrow? Six months?

Now THAT might have made me sell - lol.

Zackly.

Exactly.

And you base that on...?

Dr. Hu should post a letter on the web site giving the shareholders an idea when the proxy will be done...within a month? within three months? Right now we're in the dark.

Maybe the ZD deal is good, I don't know. I'm looking forward to the proxy.

Until the Z deal, I thought Yucai and Princely were the building blocks of a whole new business entity. Ground up, let's try to build something. Now HRCT is being absorbed by an entity much larger -Z- and at great dilution and loss of control.

I don't see how HRCT increases value in that transaction.

Lol.

Um, do we still own those claims?

uh-oh

Disagree on the 10k. This is the one year anniversary of the new HRCT, and Dr. Hu needs to deliver an informative, professional report.

Okay, I admit I'm just trying to draw attention to the fact that I'm bullishly invested in PMs and they're going through the roof, that's all.

Though I'm not invested in FE.

Precious metals breaking out.

I really got my bs meter fine-tuned for this 10k.

10k is an important doc. Many old-timers got re-interested, and even hopeful, when Dr. Hu took over. We heard the plan. We saw the deals. A good 10k will bring us up to date.

The Z deal is an MOU, so who knows where that ends up.

Gee, I wonder if Bernanke is going to intervene again today and save free market capitalism from itself.

Gold above $700, USD below 80.

One thing we've learned:

MOUs are worth the paper they're written on.

Here's some energy to start 2Q:

Deborah Harry - Oh My!

I hope Dr. Hu's enthusiasm for this business adventure remains intact after one year, and that the 10k and proxy will leave we shareholders feeling like we've been fully informed.

myland, I don't remember that link being inactive since the site was recast under Dr. Hu.

Check, check:

Hartcourt website IS working.

Anyone on the web wishing to do DD on HRCT can be linked to this chat-room via the website:

http://www.hartcourt.com/english/index.asp

Welcome DDers.

Tin, I'm just back on my meds, that's all.

The ihubers who went to the SHM and met Dr. Hu and Victor Zhou - they all came away impressed. I don't remember any posts that were critical or skeptical of management, or doubted they could deliver on their business model. I put a certain amount of stock in that - its hard to fool everybody, even if it's just a handful. That's one reason I still hold out some hope that Dr. Hu and Victor Zhou are legit and have the business smarts, not to mention the integrity and tenacity, to make this business idea work. It will all be there in the 10k and the proxy. If I don't think it's legit, I might bail. I see opportunities in this market.

I was thinking an OS of 630M after three years. A reverse split is inevitable if Dr. Hu is still looking to bring us to the Nasdaq......

We've got the 10k coming and then the proxy. Soon We Know.

It will be interesting to see how HRCT mgmt discusses the target of $.50 per the Princely deal w/o discussing the ZDSoft 415M shares (keep moving please, pay no attention to the elephant in the room)).

Tin, 415M shares incoming - you gotta admit that an explanation in the 10k is in order.

You don't have to burn the midnight oil to produce an honest 10k.

Cooking the books and developing a spin, however, take time.

It appears that the Princely deal has been buried by an avalanche of Zhengda shares, 415M over three years. I don't know if that's good, bad , or ugly - businesswise. I just hope our situation is thoroughly explained in the 10k. If it isn't, then I lose hope and move on.

I guess my biggest fear is that the China Princely deal is now, like, sooooo 2006.

May 15, 2007 = another volume spike

China Princely has been characterized as the Crown Jewell of HRCT.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?symb=hrct&time=8&freq=1

Princely PR was on 12-29-06. Use the link below to check out the volume spike on that date. A lot of people, not yours truly, put their money down on the China Princely news. Does the deal still stand?
http://bigcharts.marketwatch.com/advchart/frames/frames.asp?symb=hrct&time=8&freq=1

I'm looking forward to finding out if the China Princely deal still stands. And if not, what is its new incarnation?


Hartcourt Announces Signing Definitive Agreement to Acquire 100% Equity Interest in China Princely Education Technology Development Company Limited
Friday December 29, 6:30 am ET


SHANGHAI, CHINA--(MARKET WIRE)--Dec 29, 2006 -- The Hartcourt Companies, Inc. (OTC BB:HRCT.OB - News) (Frankfurt:900009.F - News) (the "Company") today announced that it has signed a definitive agreement to acquire 100% equity interest in China Princely Education Technology Development Company Limited ("China Princely").
The transaction is expected to be completed in March 2007 subject to certain preconditions being satisfied, including the receipt of all necessary governmental approvals.

The total consideration to be paid by the Company for the acquisition is US$308 thousand (RMB2.4 million) cash and 5.4 million shares of the Company's restricted common stock, both are payable upon acquisition completion. Mr. Haisheng Zhou, current shareholder of China Princely, has guaranteed its net profit not less than RMB2 million (US$256 thousand) for the year 2007, while the Company guaranteed the average 3-day closing price of its shares prior to one-year anniversary of the issuing date of consideration shares not less than US$0.50 per share.

Countdown: 10k should appear by August 31, 2007, or we go into overtime.

Steady as she goes.

Soon We Know

I hope HRCT makes it the NASDAQ, someday.

In the meantime:

lol

I can't wait to see the proxy.

U being $$$$$'d by Joe 6-pack,

or r u working for corporate Iraq $$$$$$$?