Replies to post #63295 on Hartcourt Companies (fka HRCT)

[bar1080]

30 days to get the dough. you're kidding, right?

[Newbie13]

at least she had half year to plan how to pay for sec-penalty etc. So she were able to plan how to pay it.
issue of new shares and offering them to all shareholders were one point. in the range .035 to .05 most here on ihub as well as on other boards would sign. even for .06 e.g..
even when she´ll had the opinion, that hrct will win the case, she should have taken care of worst scenario. But she didn´t.
within 30 days isn´t much to arrange. So she need to to sell for such a low price because of the selfmade time-pressure.
That has nothing to do with professionalism.
And selling via stock-exchange the existing sold shares? Why not? Again the time-frame.
That´s all selfmade trouble.
The more vision the less management?

JMO

[MisterEC]

Agreed. It was the fastest end to the problem.