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Tuesday, 10/19/2004 9:26:10 AM

Tuesday, October 19, 2004 9:26:10 AM

Post# of 92667
The distribution of shares of FTL common stock to Hartcourt shareholders is not intended to be a tax-free distribution of those shares under U.S. tax law and will be taxable to Hartcourt shareholders. Shareholders of Hartcourt are urged to consult their tax advisors as to the tax consequences to them of the distribution of FTL common stock.



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