HARTCOURT - Germany/Europe

[asia]

Es ist doch mal Interessant zu sehen mit wem sie so zusammenhaengen. Mega Pacific ist eine Firma von Phan. tang und Phan sind Partner in dieser Firma. Das sieht mir alles sehr undurchsichtig aus.

As of November 30, 2008, the Company was primarily in the business of providing financial information services. As of November 30, 2008, the Company’s three primary assets consisted of ownership of equity securities in Microfinanz Asia Inc., Mega Pacific Capital Inc. and Domain Extremes Inc. (collectively, the “Assets”). However, the value of the ownership in Microfinanz Asia, Inc. and Domain Extremes Inc. was written off to zero in the year ended December 31, 2006. On November 30, 2008, the Company divested itself of the Assets through a distribution of the securities of such companies on a pro rata basis to the Company’s current shareholders. As of the date of this Form 10, the Company has not completed the distribution of the securities, but anticipates completing such distribution by the end of February 2009.