Replies to post #53458 on Hartcourt Companies (fka HRCT)

[Investorman]

Don't they have corner garages in China? I know they have cars.

To be more accurate, HRCT is 1 day old in the current direction.... They had to change the entire business plan to install accounting software? That should have been completed by now. 25 years ago American Airlines installed the entire SABRE reservation system in 6 months from scratch and HRCT can't even manage to install existing accounting software in 6 months? This has to be the first company in history to stop growth and change their business plan to install accounting software.

Software or not, what do you want to bet that we never get the numbers we have waited for? JMHO IMO LOL

[commoname]

TIN...

More than any others, I do believe the shareholders HRCT is worried about are those of the affiliated from whom HRCT obtained stays on their selling restricted shares this past year, shares that have since been reduced in value by half....
This news release today was in bad form ...Already this C.HARTWICK has demonstrated a lack of "People" understanding..What in hell is she going to do in accounting that takes a year....Do we all hold our breath until then ? Right or wrong I have the impression that these affiliates are all family type operations and sure they lack the disciplines of an INTC operation but what is she going to do, whip them into form...There probably will be a backlash from this high handed way in a country where it's not going to be appreciated, especially from a female...And why was it necessary to announce this "change of direction" making the chairman DC into a liar by default....This whole thing could well have been handled with much more finesse.Understand , I mean no hostility to you personally....
The message did say however,that they would slow down the forward progress not stop it altogether...