Replies to post #85301 on Hartcourt Companies (fka HRCT)

[operator]

my error, rattlesnake. still the P/E ratio is only 6.9. very good number. they did great in this deal.

[boatRgirl]

Rattlesnake, I don't believe we have paid any 3.4 million yet. Here is the info from the news release...

The restricted common shares issued for the Acquisition will be released to previous shareholders of Beijing Yanyuan in three installments based on the profit realized over a three-year period.