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traderbob

12/12/08 10:54 PM

#87594 RE: traderbob #87593

I like what I see in the press release. It's nice to hear from management. Looks like we are on track and ready to pick up more sub's in the future
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Irons3

12/12/08 10:59 PM

#87595 RE: traderbob #87593

Wow, very timely and encouraging.
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operator

12/12/08 11:39 PM

#87596 RE: traderbob #87593

according to management, the 2 subs committed that they will deliver 15 million RMB about $2 million USD in 2009. HRCT owns 60% so our revenue for 2009 will be $1.2 million. deliver it and HRCT share price will be 30 cents. fail and it will be 1 cents. exceed that HRCT will hit 50 cents. my guesstimate for the future.
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traderbob

12/12/08 11:52 PM

#87597 RE: traderbob #87593

My favorite part:

Building upon our accomplishments in the past several months, we are eager to demonstrate additional progress in the near future. We expect to acquire more educational subsidiaries with substantial profits in the coming years.

With the major hindrance behind us and aggressive restructuring and acquisitions under way, we believe Hartcourt can lead the way in delivering exceptional growth, value and opportunity to our shareholders in Fiscal 2009 and beyond
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bar1080

12/13/08 2:06 PM

#87603 RE: traderbob #87593

thats from free-press-release dot com a month ago. cant locate it elsewhere >>>
http://www.free-press-release.com/pdf/download/200811/1226478505.pdf