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MisterEC

04/28/05 7:12 AM

#63983 RE: wwwilly-mrhrct #63982

That is a good question to ask directly to Hartcourt. If the do not reply to an e-mail, then you can ask at the next Shareholder meeting.

You have been there before, I know.

$7.799 Trillion, when this was first posted.
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asiapaccap

04/28/05 12:27 PM

#63985 RE: wwwilly-mrhrct #63982

Most shareholders would be interested in the response from HRCT management on your employee loan question. Seems highly irregular to have employee loans of this size for a company which is losing so much money. And what are the terms of repayment?
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garhart

04/28/05 4:21 PM

#63992 RE: wwwilly-mrhrct #63982

When will we see any real change ?

That our management with their track record, is paid more than twice the amount which is considered a 'massive windfall' to successful business owners in China, is disturbing.

That our already vastly overpaid management would put the company further in the hole by giving themselves even more in loans is wrong.

Our illustrious "Board of Directors", seem to be a group of people who were chosen because they would "rubber stamp" decisions which amount to further stripping the company of already thin resources.

To whom, are any of these people responsible ?

What is their incentive to change, when they have learned that failure pays so very well?

We have given these people unconditional support, as well as top dollar pay for years.

What have they given us ?

Yet the "hot topic", is supposed to be "Where are we going to hold the Shareholders meeting."

Given the nature of past meetings, and what management has chosen to share with us at them, I do not see much point.


When will we see change ?