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11/14/01 11:39 AM

#40 RE: $pooky #39

Sinobull--$4,000,000 in revenues per year), assisting GTCI to generate revenues from its operations in Shenzhen.

A good fit.

There are 30,961,378 issued and outstanding shares of common stock.

After a 10/1 RS, there will be 3,096,138 (23.68% of O/S after RM)


To acquire a total of four (4) subsidiary corporations of Hartcourt Companies, Inc. referred to as the "Sinobull Group" via a share exchange which will result in Hartcourt and the minority shareholders of the Sinobull Group owning 76.32% of the issued and outstanding shares of the Company.

So, after the RS and RM, there will be 13,075,000 O/S

Right now, we'd be at a .50/.59 shareprice. With a mk't cap of about 8M, and a p/s of about 2. It's probably about groundfloor for getting in.



imho, Jerome