Replies to post #6465 on HARTCOURT - Germany/Europe (HRCT)

[Franz Beckenbauer]

Habe ich just von Hrct bekommen.
February 24th, 2004


Dear Shareholders:


We have received many emails inquiring about the spin off of Financial Telecom Ltd (USA), Inc. (FTL), and the distribution of its shares to shareholders of record date of 17th Oct 2003, as announced in the press releases on Oct 9th 2003 as well as preliminary information statement filed with SEC on the same date.

Since Hartcourt has deemed a record date of October 17, 2003, the company now holds the FTL shares in its possession in trust for the shareholders of record as of October 17, 2003. The company no longer owns such shares, and has a duty to distribute those shares on a pro rata basis to each shareholder of record as of October 17, 2003.

Anyone who bought HRCT shares after that date will not receive any of the FTL shares. The physical distribution of the shares will be carried out by FTL and the Board of Directors of FTL has decided to distribute free trading shares to shareholders, which is pending approval of form SB-2 by SEC.

FTL has filed the information statement with SEC to apply for public listing of all outstanding shares of FTL on Oct 9th 2003 (for more information check www.sec.gov). It still will need to submit the annual audit accounts for 2003 to SEC as part of its application to enable for such listing on OTCBB. Without such listing the dividend shares are not publicly traded. FTL is currently preparing its 2003 audit and expects to file the audit with SEC by mid April.

You might also contact FTL directly as per below for further information.
Stephen Tang, CEO
Office Address: 308 Hang Bang Commercial Centre, 28 Shanghai Street, Kowloon, HK
Hong Kong Telephone: [phone] Fax: [phone]
Email:[e-mail]

We appreciated your patience in this matter.

Thank you

Hartcourt

Quelle: Dr.Spezialist / WO-Board