Thursday, January 17, 2002 5:22:17 PM
Dr. Alan Phan, Chairman of Hartcourt, said, ``Today Hartcourt has achieved the first step in fulfilling its promise to maximize the value of its assets for investors. The spin off of ElephantTalk is the first in the process of monetizing Hartcourt's assets through public divestitures. We expect the capitalization of ElephantTalk to validate our investment in ET and set the stage for the public listings of SinoBull and AI-Asia. Further details of the merger, including equity distributions via dividend shares, will be forthcoming.''
THAT'S DIVIDEND SHARES that I'm reading here. Where does it say there will be none??
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