July Q&A***Shareholder's Question and Answer
1. Do you have a specific time frame for any of the spin offs?..If not specific, can you say whether they will be completed by 2004 year end?
2. I'm confused about the percentage of ownership, going to Hrct shareholders concerning the SinoBull spin off..As I recall, 17% was stated earlier..Has that percent changed in some way?.Or am I misreading your answer in the June Q&A?.
3. Not being specific, can I ask if there is still a road show planned for Sept.?..Before or after the Shareholders meeting?
4. We can see that David Chen is not on the ballot for Chairman of Hrct...Can you tell us about his future plans, or will there be a PR coming to address this?...Or will Hrct wait until the shareholders meeting to make this info available?
5. Please provide information regarding HRCT's current approximate percentage of revenue derived from commissions on wireless communications, including cellular voice and data activations, and the plans (if any) for growing opportunities in this market through both retail and enterprise channels.
6. In the June Q&A you stated, "The ERP implementation schedule is on target.".....Is there a target date for completion that you can share with us?.
7. Dr. Wilson Li has an impressive background, with knowledge of China Business and governmental connections, he appears to be an ideal addition to the Hrct team...My question is can Dr. Li's business, Shenzen Capital Group, be able to add Hrct to their list of funds...Is there any problem with Dr. Li being on the board and his company investing in Hrct?..Shenzen Capital, being the largest State owned venture capital company, sounds incredibly promising for the future of Hrct..
8. Will Hrct be ontime or possibly early, for their Q2 filing this year?
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