Hartcourt Companies (fka HRCT)

[Investorman]

Gustav - There is not much I can say that will provide you with any information that you are not already aware of. I am not one of those that thinks boogeymen in the closet are responsible for HRCT's current share price. Funincolo provided a pretty accurate evaluation the other day.

I don't look at many of the things that haven't occurred as broken promises (NASDAQ, etc.) HRCT has tried for several goals that didn't work out for a variety of reasons, some beyond their control. HRCT has also succeeded in completing many projects over the past two years. Getting off the OTC isn't easy for a small company but HRCT is still proceeding with available options. No point in mentioning them until the hurdles have been overcome.

The share price is what it is...... A variety of factors are in play here. Limited exposure and being listed on the OTC are the main problems. Just having PRs announcing new projects isn't going to fix things on a long term basis. What will help is positive earnings and HRCT is getting very close to reporting a profit. That should have a bigger impact than anything else. As much as I like Dr. Phan, he would be the first to tell you that his skills are more concentrated on putting together his vision of what HRCT should be rather than on the day to day operations of a company. Dr. Ching should bring these operating skills to the management of HRCT. It will take a bit of time to see the results of Dr. Ching's management. Dr. Phan is not leaving and will continue to lend his knowledge of China and his associations to the benefit of HRCT. The best "huge news" that we can receive is that HRCT is making a profit.