Hartcourt Companies (fka HRCT)

[mmayr]

Thanks Tin. But understand, any slip of the tongue is not necessarily "illegal" even when material information is disclosed. That is why Reg FD was created. . .in order to give a company time to bring their company's statements up to par with the rest of the market. The Reg works both ways. It works to protect companies whose representatives might slip and mention something the shouldn't have, and to protect shareholders against the possibility of analysts, brokers, or anyone else receiving information that might be construed as "material" (for the positive, or the negative) in which case they would benefit before the rest of the market. Therefore, Reg FD permits a company to immediately get back in alignment with regulations without suffering repurcussions provided they follow the necessary filing time and assure that the information is distributed in such a way that there is equal access to the information for all market participants. Pretty easy stuff. But I can see, there are are a couple out there that struggle to understand the logistics.

Peace,