Thursday, January 17, 2002 8:32:46 AM
Hi Joe,
It's nice to hear from you again
. I believe there is a lot of confusion as to how these "spinoffs" operate, or will operate. I do not believe that anyone will be getting "free" shares. Although that was previously promised (several times over the past couple of years). . .I don't believe that's how it's going to work. I think HRCT is going to end up holding their position in Sinobull and ET. . .which in turn will give them the finances they need to complete intended acquisitions, and such. It will also give them something to report increased revenues. Otherwise, just as you say, it could be a long while before investors see any significant ROI.
On Dr. Ching ~~ I don't know about anyone else but I believe Dr. Ching is doing the job he's got to do to whip HRCT into shape. That may even require that HRCT divest itself of some of its interests. Why the company continued to go in so many strange dimensions of growth, is beyond imagination. The focus of the organization probably would have been best sticking with the Sinobull.com features and building the infrastructure. Instead. . .StreamingAsia came along, AI Asia came along. . .and HRCT seemed to be moving in every which way. How can any "one" manager/leader expect investors to understand what is going on with a company on the OTC BB and moves in such a diversified manner? Well, I believe it is a good time for HRCT to return to the basics. Fundamental management. And I'm hoping Dr. Ching is the man for the job.
One thing comes as close to certainty as I would ever care to admit. . .OTC BB stocks only get so good. Lesson learned.
Peace. . .
M&M Man
It's nice to hear from you again
. I believe there is a lot of confusion as to how these "spinoffs" operate, or will operate. I do not believe that anyone will be getting "free" shares. Although that was previously promised (several times over the past couple of years). . .I don't believe that's how it's going to work. I think HRCT is going to end up holding their position in Sinobull and ET. . .which in turn will give them the finances they need to complete intended acquisitions, and such. It will also give them something to report increased revenues. Otherwise, just as you say, it could be a long while before investors see any significant ROI. On Dr. Ching ~~ I don't know about anyone else but I believe Dr. Ching is doing the job he's got to do to whip HRCT into shape. That may even require that HRCT divest itself of some of its interests. Why the company continued to go in so many strange dimensions of growth, is beyond imagination. The focus of the organization probably would have been best sticking with the Sinobull.com features and building the infrastructure. Instead. . .StreamingAsia came along, AI Asia came along. . .and HRCT seemed to be moving in every which way. How can any "one" manager/leader expect investors to understand what is going on with a company on the OTC BB and moves in such a diversified manner? Well, I believe it is a good time for HRCT to return to the basics. Fundamental management. And I'm hoping Dr. Ching is the man for the job.
One thing comes as close to certainty as I would ever care to admit. . .OTC BB stocks only get so good. Lesson learned.
Peace. . .
M&M Man
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