Hartcourt Companies (fka HRCT)

[Investorman]

joespringer - I feel your pain - lol.

You make some valid points and I can't give you anything you aren't already aware of to help your outlook. A couple of points though....

Dr. Phan gave back 5 million shares - not 1 million.

Can't say what impact Dr. Ching might have.... he doesn't start until January 2nd.

The split was ill advised but we have it. If HRCT were to do a reverse merger with a NASDAQ or AMEX listed company then maybe a reverse split could be done in conjuction with that type of merger that would be acceptable to investors. Other than that reverse splits are usually negative.

GX sold part of their company for $300 million not $100 million. It was a much larger company than ET.

Enova owns a portion of SRUN which ET is being merged into - therefore Enova shareholders will end up with an interest in SRUN aka Elephant Talk.

Dr. Phan is not leaving.... he is turning over the day to day management of the company to Dr. Ching but is remaining as Chairman of the Board.

Have some egg nog and don't worry about HRCT until next year.