Hartcourt Companies (fka HRCT)

[MisterEC]

That we actually filed on time is a huge improvement. Released before the bell!

Ms. Hartwick has tuned the company into a cohesive unit with increasing sales and profitability.

16-Aug-04 HARTCOURT COMPANIES INC Files SEC form 10QSB, Quarterly Report
http://biz.yahoo.com/e/040816/hrct.ob10qsb.html

The Company recorded net sales of $70,655,261 and $138,378,366 for the three months and six months ended June 30, 2004, compared to $28,112,109 and $33,834,458 for the same period in 2003.

As of March 31, 2004, we had working capital of US$11,101,999.
As of June 30, 2004, we had working capital of US$14,624,834.