I don't think we will see a spike in shareprice until we see some progress over a couple of quarters. Hope I am wrong, but I doubt it. (I have become an expert by reading all the advice from exspurts here on the board.)
Found this article on Fidelity under the HRCT news section.
Accounting & Governance Risk Overview: The Hartcourt Companies Inc. (PDF) 01:34 a.m. 10/07/2008 Provided By Research
The Hartcourt Companies Inc. (HRCT)is currently rated as having Conservative Accounting & Governance Risk (AGR®), receiving an AGR Score of 81 out of a possible 100.This places them in the 80th percentile among the approximately 8,000 companies rated by Audit Integrity,indicating higher accounting and governance risk than 20% of the other companies.