Hartcourt Companies (fka HRCT)

[Investorman]

"I thought I heard that the OTC gave them the wrong info.."

This isn't what you posted a few days ago nor was it the official response from HRCT. Are you sure you don't want to say "funinco's dog ate it?"

Why blame the OTC? Why not just admit that they made a mistake in filing the paperwork? My point was that they have made errors in the past about accounting rules which gives us cause to check into things a little further to determine the actual effect on the top and bottom lines. Even HRCT (in their own statements) has qualified their comments by saying that it will be up to the auditors as to what might be included.

These things are important to our investment. You are not required to consider the company fundamentals but sooner or later it will cost you if you don't.

Posted by: Tin-Berrygood
In reply to: boatRgirl who wrote msg# 21755 Date:4/23/2003 1:41:04 PM
Post #of 22986

Just got off the phone with Mr. Furutani, Hrct's Attorney and he told me the same thing I read from rapall on RB..A 302 cert was inadvertently omitted from the filing..This cert has to do with the Sabanes Oxley(sp?) act..He called China very early this morning and had them fax the signatures to the SEC..They told him that the "E" should be off by tomorrow..I hope so but ya never know..At least from Hrct's side everything that can be done is done..The SEC representative told him that this has been happening quite a bit because it's a brand new procedure..Mr. F asked why no one alerted Hrct before the "E" came..They told him that since there is over 37,000 companies that they couldn't have responded quick enough to prevent it...