!!! MBR how do you figure it's spin if the SEC say it's a CIVIL COMPLAINT and NOT CRIMINAL.
LOS ANGELES, May 28 /PRNewswire-FirstCall/ -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT, Frankfurt: 900009), www.hartcourt.com , today announced that it has received word that the Securities and Exchange Commission intends to file a civil complaint alleging that Hartcourt and its Chairman violated some regulations of the 1933 Securities Act. The alleged violations are alleged to have occurred during the UAC acquisition in 1999
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