Hartcourt Companies (fka HRCT)

[tempaussie]

I-Man, let me ask you a question regarding purchasing by shares.

Let's say that there is a change of pattern in HRCT's future during the next 12 months ie, a gallop towards actual profits and a continuation of decent acquisitons.

For discussion sake, suppose they use shares instead of cash and we end up with 400 million shares and the shareprice at .50 and then they do a 20-1 reverse split: (I know those are total assumptions at this point, but....)

1. does that scenario make these purchases cheaper in the long run?

2. if this scenario transpired, in hindsight would it have been better to wait and buy with cash or have gone ahead and purchased with shares even though it caused more dilution?

Just curious as to your assessment.