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Little Red

12/05/06 7:14 AM

#75722 RE: gustavgans #75720

Thanks gustavgans

SMALL numbers.................


unusual verbiage IMO

No finder's fee or commission is payable for this private placement. All proceeds of the private placement will be used for general working capital.
The new shares issued have not been and will not be registered under the U.S. Securities Act of 1933, as amended, or any state securities laws, and have been offered to certain non-U.S. persons in offshore transactions in reliance on Regulation S under the U.S. Securities Act.

Has to be a very busy office over there in Hartcourt land.


Go Hartcourt


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mmayr

12/05/06 8:26 AM

#75724 RE: gustavgans #75720

That's about enough to pay for my mortgage. Hopefully they can keep the lights on for a few more months.

Well, at least they are remaining transparent. I'll bet 90% of that cash is going towards paying employees. What can they possibly buy for 250K? Library books?