Replies to post #80394 on Hartcourt Companies (fka HRCT)

[EZ2]

LOL ~~~ how'd you like that last 25,000 at the close !!!

:-)

[bar1080]

6 cents >>> book value might be negative if they didnt collect the 2 million from the two sales. wheres that hu communication? 10k out soon . i have a farm calling. gone

[MrBankRoll]

Question: We know that when Hartcourt gains 51% control of an acquired company, Hartcourt can record 100% of said acquired company's revenue but only 51% of the profit.

What happens when the acquired/reverse merged company owns the 51% majority of Hartcourt?