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Re: Red Eagle post# 152

Friday, 04/12/2002 11:36:10 AM

Friday, April 12, 2002 11:36:10 AM

Post# of 200
Well, too bad this type of PR didn't come out on this stock when it was 1999-2000, it would send it up to the stratosphere quick.

Sinobull Network Technology, has signed
partnership agreements with five of Greater China's leading telecom and
Internet companies to begin the distribution of its comprehensive financial
information, stock quotes, and analysis on the local and international stock
markets to millions of mobile phone users in China. Sinobull Network owns and
operates , one of the leading financial information portals
in China ... voted "Most Popular Financial Web Site" two years running by the
China Security Times.
The company's recently signed revenue sharing deals with key players in
the mobile data business include:

-- UTStarcom (Nasdaq: UTSI) -- the key supplier of PAS
mobile networks and equipment for China Telecom, China's largest
telecom company

-- CellStar -- one of China's largest mobile phone

-- China Telecom 168 -- 168 is the SMS service of China Telecom

-- HongLian95 -- a major value added telecom services
provider in China

-- (Nasdaq: SINA) -- one of Greater China's largest

-- China Telecom Hotline -- information hotline services from China
Telecom, via fix line

"Mobile data communication is a very exciting area of growth for the
mobile communication industry, and Sinobull Network has successfully leveraged
its unique advantages in financial content to secure revenue sharing
agreements with these key industry players", said Dr. Wallace Ching,
Hartcourt's CEO. "The agreements have generated revenue from day one, and we
expect a very healthy growth in this business as the mobile data market
continues to expand."
China has recently passed Japan and the US and now has the largest mobile
phone user population in the world, with approximately 140 million registered
subscribers. Data mobile communication is becoming a very important sector of
revenue growth for carriers. Short messaging service (SMS) enabled mobile
chat, financial data, and other forms of data communication have become very
popular with mobile users and is growing at a rapid rate. According to
industry reports, SMS traffic is projected to generate approximately
300 million USD for China's mobile phone markets in 2002.
Hartcourt has announced that it will publicly divest its operating
division, the Sinobull Financial Group, in a reverse merger with Global
Telephone Communications Inc. (OTC Bulletin Board: GTCI). The reverse merger
will result in Sinobull Financial Group actively trading on the U.S. equity

About Hartcourt
The Hartcourt Companies is a holding and development enterprise that has
built a broad network of Internet, media, and telecommunication companies in
Greater China. In partnership with leading Chinese entrepreneurs and
government-sponsored entities, Hartcourt is developing and investing in
emerging technologies while building an integrated commercial framework for
its subsidiaries and their partners. Hartcourt's operative business strategy
is designed to facilitate a series of venture divestitures via IPO or public
merger to fully realize the value of these assets for its investors. Detailed
information on Hartcourt can be obtained via the company's Web site: .

About Sinobull Financial Group
Sinobull Financial Group develops financial technology, financial
operating platforms and internet-based financial services. Sinobull's
operating companies include: Sinobull Information Company Ltd., Sinobull
Network Technology, Financial Telecom Ltd., Ton Bo software, HCTV Financial TV
channel Ltd. and Sinobull Magazine Ltd. is a financial
information and stock trading website. Sinobull Group and its strategic
partners provide news, data and analysis to the business community and media
outlets. Services include; real-time pricing, historical pricing, indicative
data, analysis and electronic communications. Clients include China's
investment institutions, commercial banks, government offices and agencies,
corporations, and news/media organizations. .

imho, Jerome

imho, Jerome