Hartcourt Companies (fka HRCT)

[bedfordboy]

Q&A for September....Questions will be submitted Saturday 9/06/02....Time to SPEAK UP!

1.When do we get our ETLK shares?

2.Wouldn't downsizing the company to show a minimal profit create uncertainty in the minds
of new investors?

3.Which subs is Hrct counting on in the near term for the most profit?.

4.Is it possible to share an overview of the company plan or outline with investors...How has
that plan changed in the past year?

5. Can we get a "firm/finalized" DATE-LOCATION for shareholder's meeting ?

6. Sinobull was reportedly to have "first mover" position...
based on Sohu's news (below) "where" do we stand now ??
http://biz.yahoo.com/prnews/020826/hkm002_1.html

7. Of all our domestic (USA) partnerships/affiliations/alliances, WHICH can you specifically
provide "revenue generating" confirmation from?
WHO ______________ ANNUAL REVENUE APPROX. $_________________

8. What is "current" cash/burn rate? Date of zero sum ?

9. Hartcourt website is boring & information dated, including unusable links to Lexington
LLC. What are plans to update/keep fresh for new investors research ?

10. What could you tell us about the contacts between Hartcourt and the government?
Mr. Lu Hao, Chairman of Beijing Government Committee for High-Tech Industry: We are
very impressed with Hartcourt's vision and understanding of the huge business and
investment opportunities here in Beijing as well as in other parts of China. We particularly
welcome foreign companies like Hartcourt, who see the great opportunities and also
understand the way of working with us, together, to improve the foreign investment
environment in China."

11. What´s the most important bank for us and our product?

12. What can you tell us about e139.com?

13. David Chen: "Prior to his technology experience, he was the Regional Marketing Director
at CNN International and Sales Director for Turner Broadcasting Systems - subsidaries of
AOL-Time Warner."
It´s difficult to find some more information. What was your job exactly and do you have
contacts to your old companies?

14. Exist any business relations to ET.NET (etnet.com)?

15. Are we in the process of selling any subs or portions of them..and is that why Hrct is so
confident we will show profits by the end of 4th quarter?

16. I have noticed that IBM has some sort of deal with the state banks and central
government...Can you elaborate on the significance to Hrct(Kangrun)?

17. Was the work by Wallace successfully terminated concerning the fund??

18. What can you tell us about the influence of Reuters in the chin. market? Is it possible we
get trouble to sell our product if they are there too?

19. Please give us (shareholders) once and for all the straight story as to why No big money
American or other foreign corporations have truely invested in HRCT as a window to their
China operations? Where are the big money institutional shareholders and why are they not
attracted? TIA

20. Hi Mr. Chen, as you can see the uncertainty is very high between us shareholders.
As longterm-shareholder I am sometimes wondering about the numerous changes in the Hartcourt- management and public relation-firms..
Why did they all leave us ?
This is the very important question for me, because all the speculations around the changes make me and the most of us very crazy.Thanks in advance....Best.. Gabi

21. Could you explain why we do not hear of Asian investments in this an Asian based company, supplying technology to the Asian community?
Why does this company (HRCT) not command better shareholder support from the Asian community? 500_and_Long (smile)

22. Yes or no...will Hartcourt be ready for the BBX? (smile)