Hartcourt Companies (fka HRCT)

[mr don]

To me it doesn t look like our div will be worth much o well. We will make it big on HRCT. This is taken from the 8k Shareholders should be aware of certain special
considerations, including, among other things,
that: (i) FTL has a history of operating at a loss;
(ii) FTL will need to obtain additional financing
in order to fund its operating losses; (iii) FTL
has no operating history as a separate public
company; (iv) Hartcourt's financial and, following
a transition period, certain other support of FTL
will be discontinued following the Distribution;
(v) the Distribution will be taxable to Hartcourt
shareholders; (v) FTL operates in markets that are
highly competitive; (vi) payment of cash dividends
is not expected for the foreseeable future; and
(vii) there has been no prior public market for FTL
common stock and the market prices may be volatile.