Hartcourt Companies (fka HRCT)

[Investorman]

shovel - As you stated, HRCT is looking at alternate solutions. I recently posted information on RB regarding other IPOs that have been pulled primarily because they couldn't get full subscription for the offered shares. If Yuanta couldn't get the IPO subscribed then they weren't going to go forward with it. It isn't a matter of GEM approval. If the money isn't there then they can't take the chance that it would fall on its butt and go in the toilet the first day. Soooo.... HRCT has to look at other avenues to accomplish its goals. HRCT's share price doesn't affect what is being considered for StreamingAsia as much as it does the merger for SinoBull.