Lets back Hartcourt into EDU numbers...just for the fun of it...LOL
EDU has revs in 06 at $95m with a PPS of $36.00
Hartcourt ..once they close the 4 MOU they are Gateeee $14.4m revs or say aprox 13% of EDU $95m
EDU pps of $36.00 X 13% = Hartcourt could be if all things are equal $4.68 pps
Now according to Mr EC he said Dr Hu said in the SF meeting he plans to find 10 total schools with 30% profit by the end of year 07 and just for the hell of it if 4 school is worth ..$4.68 a share ($1.17 per school) then if we would take that times 10 school ....well....XXXXX OK so you don't like that then...just cut it in half..I don't care...lol
IMO we can be something BIG in a few years with out an RS...but we need to close the 2 deals.
HAPPY NEW YEARS !
Of course all thing are not equal
Shares EDU.......=141,000,000 HRCT= 197,000,000
Revs EDU...= $95m HRCT.= $14m
Margin EDU = 22% HRCT = 30% (Hartcourt needs to apply home office overhead)
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