Investorman, Hartcourt actually is headquartered in SHANGHAI!
You write: "they just disconnected the phone in Furutani's office", lol;) Imo you see it little bit too bearish.
Secondly, when he says 'market is wrong', it's plain and simple WRONG.... Imo he's in the best position to know this b/c he's much more familiar with HRCT business plan and strategy 4 the long run.We only see/judge it from the outside. Plenty of interpretations possible depending from the corner you look at it. Besides the dd we have from the filings, time will tell the real outcome for this stock and imo it's up from here.
About Hartcourt
The Hartcourt Companies, Inc. is an IT retailer, distributor and service provider in the People's Republic of China (PRC). Hartcourt is headquartered in Shanghai.
The business is comprised of two divisions: Commercial and Consumer. The Commercial Division services small- and medium-sized enterprises (SMEs), government agencies and a network of distributors with a wide range of IBM products including server, storage, notebook and desktop computer. As the Company moves deeper into the SME space, it plans to expand into lucrative and fast-growing market segments such as videoconferencing, customer relationship management (CRM), and application service provider (ASP).
The Consumer Division operates 22 retail stores located in Shanghai and Beijing serving China's largest PC markets with customized, store-assembled desktop computers, branded notebooks, computer peripherals and accessories. The Company also has exclusive distribution rights to Samsung monitors and notebooks in Shanghai and Zhejiang provinces.
AI
