Hartcourt Companies (fka HRCT)

[Investorman]

Mark - Enova shares are still Enova shares. Enova holds SRUN shares as an asset and most likely those SRUN shares will be distributed to Enova shareholders and Enova will then be liquidated. These SRUN shares are currently held by Enova so they will be subject to any reverse split that is done. The ratio of SRUN shares distributed for each Enova share depends on the number of SRUN shares held and the total number of outstanding Enova shares. The value of Enova shares aren't diluted since they are worth whatever the value of the SRUN shares happens to be. SRUN shares don't currently show up in your account because they are held by Enova and have not been distributed to Enova shareholders.