HARTCOURT-NEWS!!!!!!!!!!!!!!!!!!!!!!!!!1

Hartcourt Acquires 60 Percent of Beijing TSS

Company Is China`s Leader in Streaming Technology Solutions

LOS ANGELES, Sept. 28 /PRNewswire/ -- The Hartcourt Companies, Inc. (OTC Bulletin Board: HRCT; Frankfurt: HCT) www.hartcourt.com today announced that it has signed an agreement to purchase 60 percent of the outstanding shares of Beijing Total Solution System, Ltd. www.tss.com.cn (TSS). Established in 1994, TSS was the first Chinese company of its kind to provide hi-tech solutions for web-casting and the delivery of on-demand streaming audio and video. Its products and services are well known and used throughout China by various high-profile clients.

TSS provides the webcasting services for major TV stations such as Beijing TV (www.btv-5.com), Phoenix TV (www.phoenixtv.com), and Guangdong TV (www.gdtv.gov.cn). They have also webcast marquee events for the Chinese government, including the National Day 50th Anniversary, the Macau Handover, and the China Fortune 500 Forum.

TSS has a wide array of business software products ranging from the AV200 (Internet Automatic Video & Audio Broadcasting System) to the Web Data Model Board and E-Mail Notification System. TSS is also a software developing partner of Microsoft Media Player. In addition, the TSS web portal (www.ehand.com.cn) provides a turn-key multimedia E-Commerce platform for placing emerging Chinese businesses on a fast track in the rapidly expanding China Internet space. Estimated at 16.9 Million users (Deloitte Touche Tohmatsu, September 2000), China`s population of regular Internet users continues to double every 6 months.

Dr. Charlie Yang, CEO of Hartcourt, said, "I am very enthusiastic about this acquisition as it adds a major piece towards the completion the StreamingAsia`s goal of becoming the number one web-casting company in Greater China. The added value to the planned IPO of StreamingAsia on Hong Kong`s GEM Exchange is substantial and the combined entity should be a formidable world-class competitor."

On September 21st, 2000, Hartcourt announced that it had signed two separate underwriting agreements to IPO StreamingAsia and Sinobull Financial Group in 2001.

Hartcourt also announced that it has engaged KPMG of Hong Kong to be its auditors for the fiscal year of 2000, as well as for the IPO`s of StreamingAsia and Sinobull. KPMG is one of the Big Five international accounting firms.

About Hartcourt

The Hartcourt Companies is a holding and development company that is building a network of Internet and telecommunication service companies in The People`s Republic of China (China), including Hong Kong, in partnership with Chinese entrepreneurs as well as Chinese government-owned entities. Hartcourt`s business goal over the next three years is to complete a series of IPO`s or spin-offs focused on four main divisions: the StreamingAsia Group of video/audio web-casting; the SinoBull Financial Group`s multi-media financial data provider and online securities trading platform; Broadband ISP and Internet infrastructure; and Hartcourt Capital Inc., the financial E-Finance transactions platform offering online banking, securities, insurance, equipment leasing, mortgages, credit, and B2B transaction settlements.
Detailed information on Hartcourt can be obtained via the company`s Web site,
www.hartcourt.com.

Forward-looking Statements

Certain statements in this news release may constitute "forward looking" statements within the meaning of Section 21E of the Securities Exchange Act of 1934. Such forward looking statements involve risks, uncertainties and other factors, which may cause the actual results, performance or achievement expressed or implied by such forward looking statements to differ materially from the forward looking statements.
 

...denn die vorbörslichen Kurse zeigen absolut keine Reaktion und der NASDAQ-Future dreht auch gerade wieder ins Minus.

AAAUUUAAA!!!


Gordon_Gekko  

Mit Streaming Asia sind die in diesem Segment doch schon vertreten ?? Versteh nix...  

Dr. Charlie Yang, CEO of Hartcourt, said, "I am very enthusiastic about this acquisition as it adds a major piece towards the completion the StreamingAsia`s goal of becoming the number one web-casting company in Greater China. The added value to the planned IPO of StreamingAsia on Hong Kong`s GEM Exchange is substantial and the combined entity should be a formidable world-class competitor."
 

 

 

Ich habe es weiter unten schon gepostet. Die asiatische Presse reagier überaus positiv und ihr könnt euch ja in etwa vorstellen, daß es gut aufwärts geht, wenn hrct in China gelistet ist. Pushen hat hrct überhaupt nicht nötig.

Hat sich eigentlich mal jemand die Meinung der chin. Presse durchgelesen ? Diese klingen aufgrund der Phan-Mitteilung letzter Woche äusserst positiv. Es war doch ein gelungener Zug von Phan, den Börsengang dort zu vollziehen, da die Chinesen mittlerweile ein wesentlich höheres Interesse haben. Ausserdem stehen die Verträge, es wird sich also über kurz oder lang einiges im Kurs tun. Die 5$-Dividende ist ja schließlich auch nicht zu verachten, zumalPhan auch deutlich daraufhin wies, daß sie sich nach dem 2er-Split verdoppelt. Alles in allem: POSITIVER DENN JE.

Pressestimmen :
===============

22Sep2000 CHINA: US firm to list Net units next year, HONG KONG IMAIL.
By Roger Evers.
ONLINE financial information provider SinoBull.com and Internet technology firm StreamingAsia are to be floated on the Growth Enterprise Market (GEM) early next year.
US parent Hartcourt said the GEM would rebound from its recent dismal performance in time for the StreamingAsia IPO in February or March followed by a SinoBull IPO in the second quarter of 2001.
It believes SinoBull.com should be worth US$500 million (HK$3.9 billion) and StreamingAsia US$100 million.
"The stock market will improve remarkably by the end of the year," said Alan Phan, chairman of Hartcourt.
"The market is on the downside. Internationally it is being dampened by the campaigns for the US presidential elections. But it should recover by November."
GEM, branded "the world`s worst market", has taken a lashing since sentiment evaporated from dotcom and high-tech stocks in March.
And while Dr Phan talked up the GEM and technology stocks, he also sought to distance SinoBull and StreamingAsia from the rest of the market.
"We are definitely not a dotcom," he said. "Only 10 per cent of SinoBull`s revenues come from Net-type revenue models like advertising. Ninety per cent is from business transactions, online trading and financial content sale."
SinoBull, which styles itself as a "Chinese Reuters", offers a range of online financial news and research reports as well as the mainland`s only online stock trading platform.
Its services go out to brokerages, banks and media companies across Greater China.
StreamingAsia helps Internet publishers and portals deliver "streaming" live and on-demand video and audio content.
"There are so many companies like Netease, Sina, Sohu and Chinadotcom that dominate the Asian media coverage in the United States," said Mr Phan.
"We`ve suffered from being lumped into the same basket. But we don`t have a huge burn-rate like Sohu.com or Sina.com that are generating a huge loss. We`re actually bringing in revenues."
Hartcourt, which is listed on Nasdaq and Frankfurt, owns 48 per cent of SinoBull Group and 50 per cent of StreamingAsia.
It will split its common shares two-for-one, effective October 31, to its shareholders.
"We chose to list these companies on the GEM board primarily because of their proximity to our operations in China," Mr Phan said.
"There are many analysts following Internet-related GEM-listed issues and the investment community in Asia appears to have a better understanding and response to our accomplishments in China."
The timing of the IPO announcement, two days after the US Senate approved permanent normal trading relations with China, was just a coincidence, according to Hartcourt.

Copyright 2000 HONG KONG IMAIL all rights reserved as distributed by WorldSources, Inc.
(c) 2000 HONGKONG I-MAIL all rights reserved as distributed by WorldSources, Inc.

Quellen:WORLDSOURCES ONLINE
HONG KONG I-MAIL 22/09/2000





22Sep2000 AUSTRALIA: ****Newsbytes Asia Week In Review.
By Adam Creed, Newsbytes.
This is a roundup of the top telecommunications, computer and technology news of the week from around Asia. Subscribers to Newsbytes` Asia IT wire service can access the full text of each story using the URLs provided.
Selected stories can be accessed free of charge by non Asia Wire subscribers. Look for the "free story" links. "Archive story" links are the permanent homes to the stories and accessible at any time by Newsbytes subscribers. For more details on our real time Asia Wire service, click on "subscribe" at the Newsbytes Web site.

(...)

Hong Kong
Asian Web content company StreamingAsia.com Ltd and online financial services provider SinoBull.com Inc. announced plans to go public separately in Hong Kong next year. Both companies` parent is the US-listed The Hartcourt Companies Inc.

(...)

Asia Week In Review Available Direct By E-mail!
You can get Newsbytes Asia Week in Review delivered direct to your e-mail box every Friday for no charge! As an added bonus, you`ll also get updates through the week when major tech news breaks in Asia. To join the mailing list, fill in the online form at http://www.newsbytes.com/subscribe/free - weekly.html.
Reported By Newsbytes.com, http://www.newsbytes.com
04:23 CST
(20000922 /WIRES ASIA, PC, TELECOM, ONLINE/ASIAWEEKREV/PHOTO).
Newsbytes News Network, Copyright 2000.

Quellen:NEWSBYTES NEWS NETWORK 22/09/2000





22Sep2000 CHINA: Hartcourt in US$120m double spin-off bid.
By GEM Eric Ng.
Nasdaq-listed Hartcourt Cos plans to raise up to US$120 million by spinning off two subsidiaries on the Growth Enterprise Market (GEM) next year.
The Los Angeles-based assets holding company is building a portfolio of Internet and telecommunications service companies serving the mainland market.
Chairman Alan Phan said that Hartcourt had appointed Yuanta Securities and Access Capital as underwriters.
It plans to apply next month to Hong Kong Exchanges and Clearing for the listings.
"We expect the total market valuation of the two IPOs (initial public offerings) to reach up to US$600 million," he said. "It will be three times the current valuation of Hartcourt Cos."
The company is aiming to list SinoBull Group in the first quarter and StreamingAsia in the second.
SinoBull is a provider of financial news, stock quotes and online stock trading solutions.
StreamingAsia provides solutions to Web publishers that enhance the broadcasting efficiency of audio and video content over the Internet.
Mr Phan said StreamingAsia had recorded revenues of US$2 million since its inception a year ago, and was "slightly profitable". SinoBull was projected to register revenues of US$8 million this year and was "breaking even now".
Hartcourt shares are traded outside of the stock exchange floor, on the over-the-counter market.
Analysts said the company may face difficulty reaching its goal given the depressed market conditions and investors` cautious attitude toward Internet and telecoms counters.
The GEM Index yesterday fell 2.8 per cent to its record low of 398.01.
Mr Phan said he expected market conditions to improve by the time the two subsidiaries are floated.

Quellen:SOUTH CHINA MORNING POST 22/09/2000





21Sep2000 CHINA: HARTCOURT STRENGTHENS INTERNET BRANDS SINOBULL, STREAMINGASIA.
(Full text of a statement. Contact details below.)
HONG KONG, Sept. 21 /HK PRNewswire/ - The HartcourtCompanies, Inc. (Nasdaq:HRCT, Frankfurt:HCT) is strengtheningthe financial structure of its Hong Kong-based subsidiariesSinoBull.com Inc. and StreamingAsia Ltd. as part of itsstrategy to expand aggressively into China`s financial contentvia all forms of multi-media market including cable TV, printmagazine, live data feed and Internet.
Hartcourt`s strategy involves exploring the possibility ofa proposed initial public offering for SinoBull Group andStreamingAsia earmarked for Hong Kong. "We are well-positionedto expand aggressively in the mainland`s fast-growing IT marketand avail the company into new opportunities presented bothprior to and following the approval of the World TradeOrganization (WTO)," said Dr. Alan V. Phan, Chairman ofHartcourt. "Our goal is to unlock the full value of our assetswhich are multi-media and Internet brands with the potentialfor exponential growth," Dr. Phan said. "One option forstrengthening the financial structure of SinoBull Group andStreamingAsia is to raise funds through public listing in HongKong, " Dr. Phan said.
"We have chosen to list these companies on the GEM Boardprimarily because of their proximity to our operations inChina. There are many analysts following Internet relatedGEM-listed issues and the investment community in Asia appearsto have a better understanding and response to Harcourt`saccomplishments in China. Because these two intended offeringsbring very unique business models to the GEM Board, we believewe will obtain the highest market valuation of SinoBull andStreamingAsia for our shareholders."
SinoBull Group is a premiere financial content distributioncompany which also maintains the only nationwide secure onlinestock trading platform in China. Its website, SinoBull.com.cn,was launched in March and is now receiving 2-3 million pageviews daily, while, StreamingAsia is the leading Internetwebcaster providing comprehensive audio and video delivery orstreaming solutions to businesses, professionals,organizations, website owners and content publishers. Hartcourtowns 48 percent of SinoBull Group and 50 per cent ofStreamingAsia.
Contact: Keith Statham Associates PR (member ofe2-Capital Group) Tel: 852-2810-8108 Fax: 852-2905-1582 ElaineChan Tel: 852-2801-0023 elainecksa.com.hk Tammy Ng Tel:852-2801-0013 tammyksa.com.hk
SOURCE The Hartcourt Companies Inc
ASIA PULSE.
(c) 2000 Asia Pulse Pte Limited
Asia Pulse gives no warranty or guarantee as to the accuracy of the information, Asia Pulse shall not be liable for errors or omissions in, or delays or interruptions to or cessation of delivery of, the data through its negligence or otherwise.

Quellen:ASIA PULSE 21/09/2000





21Sep2000 CANADA: EquityAlert.com Announces Investment Opinion, No. 7.
VANCOUVER, B.C.-(BUSINESS WIRE)-Sept. 21, 2000-EquityAlert.com (OTCBB:EINC)
HyperDynamics Gains 32.89% On News Of Exchange Offering Update

EquityAlert.com, Inc. (www.EquityAlert.com), one of the largest re-distributors of public company and mutual fund news alerts, today forwarded free real time news alerts on a wide range of OTCBB stocks.
Among the active issues available to our real time news alert subscribers so far today, Thursday, September 21st, were HyperDynamics Corp. (OTCBB:HYPD) and Hartcourt Companies Inc. (OTCBB:HRCT).
HyperDynamics Corp. had gained 32.89% at 10:52AM EST today, after it announced that the Company`s exchange offering, announced August 31st, 2000, will commence soon after the Company releases its annual report, so that the Company can include the most current audited financial information in the exchange offering materials.
Hartcourt Companies Inc. issued a press release announcing that its two major subsidiaries have entered into separate agreements with leading Hong Kong underwriting team, Yuanta Securities and Access Capital Ltd., to do an IPO for StreamingAsia.com Ltd. and SinoBull.com, Inc. via listing on Hong Kong`s Growth Enterprise Market Stock Exchange.
Additional recent real time news alerts available to EquityAlert.com subscribers included WorldPort Communications Inc. (OTCBB:WRDP), ePromo.com (OTCBB:EPMO), and What`s For Free Technologies (OTCBB:WFFT).
EquityAlert.com`s real time public company news alerts is a free service that allows pro-active investors to receive email news alerts on the stocks they own or plan to own, thus allowing them to take advantage of potentially significant price moves that often follow time-sensitive news announcements.
For more information on these and other actively traded issues on all major US markets, please visit our Web site located at www.EquityAlert.com
ABOUT EQUITYALERT.COM
EquityAlert.com, a wholly owned online asset of EquityAlert.com, Inc. (Symbol: EINC), is a pro-active community of online investors who enjoy a broad suite of free financial news and information, including "live chat," message boards, insider trading, insurance, mortgage and loan information, online banking, consumer credit and charge card products, mutual fund news alerts via email, conference calls, and much more, including EquityAlert`s most popular feature - free real time public company news alerts via email.
EquityAlert.com`s real time public company news alerts is a free service that allows pro-active investors to receive email news alerts on the stocks they own or plan to own, thus allowing them to take advantage of potentially significant price moves that often follow time-sensitive news announcements.
For additional information about EquityAlert.com, please visit our Web site at www.EquityAlert.com or contact Gurm Kundan at 604-659-5009.
DISCLAIMER
This press release may not contain the full text of the press released or report issued by or about the named companies; moreover, although the summary herein is derived from, and subject to all disclaimers contained in, the press release as provided to us by third party sources believed to be reliable, we make no representation or give any assurance as to the accuracy or completeness of either the summary contained herein or the material upon which such summary is based; accordingly, all information contained herein about such companies should be independently verified by you. We are not an investment advisor and do not purport to suggest which companies our Subscribers should monitor, purchase or sell. This release is not intended to convey any investment advice; any designation of this release as an "Investment Opinion" is made not by us but by the entity distributing this release over which we have no control.
News alerts are only forwarded to our Subscribers as requested and only for informational purposes. Typically, in addition to the requested information about the company which our Subscriber is monitoring, the news alerts contain an advertisement describing a product, service or company for which we receive a fee, at our normal advertising rates of $55 per 1,000 alerts (subject to volume and other discounts) from the advertising company. One or more of the companies named in this release may have been or may be, at some future date, an advertising company.
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and section 21E of the Exchange Act of 1934, as amended by Public Law 104-67 and is subject to safe harbor created by these sections. Actual results, performance or achievements could differ materially from those anticipated in such forward-looking statements, which involve numerous risks and uncertainties, including the Company`s ability to continually expand its subscriber base and opt-in email lists, market its services to potential advertisers, the regulatory environment in which the Company operates, future acceptance of the Company`s services, and other factors described in the Company`s filings with the Securities & Exchange Commission.
Our complete Subscriber agreement and disclaimer may be viewed at www.equityalert.com/home/disclaim.asp

CONTACT: EquityAlert.com, Inc. Gurm Kundan Tel: 604/659-5009 Website: www.equityalert.com.

Quellen:BUSINESS WIRE 21/09/2000





21Sep2000 CHINA: StreamingAsia, SinoBull To IPO In Hong Kong.
By Adam Creed, Newsbytes.
Asian Web content company StreamingAsia.com Ltd and online financial services provider SinoBull.com Inc. plan to both go public in Hong Kong next year, according to both companies` parent, the US-listed The Hartcourt Companies Inc.
StreamingAsia provides Asian portal and corporate Web sites with live Internet video and audio publishing services, or "streaming." SinoBull provides online financial news and analysis from its Greater China consumer portals, and offers online trading services for share brokerage houses.
Hartcourt said its China-based subsidiaries will separately make an initial public offering (IPO) by listing on Hong Kong`s Growth Enterprise Market (GEM) Stock Exchange in the first half of 2001.
But all of the IPO shares will go to Hartcourt shareholders, which is to split its common shares 2 for 1, on October 31, 2000.
Alan Phan, Chairman of Hartcourt, said that the listing of the two companies on the GEM exchange was primarily because of their proximity to Hartcourt`s operations in China.
SinoBull is on the Web, at http://www.sinobull.com.hk, while StreamingAsia is on the Web, at http://www.streamingasia.com.
Reported By Newsbytes.com, http://www.newsbytes.com.
01:56 CST.
Newsbytes News Network, Copyright 2000.

Quellen:NEWSBYTES NEWS NETWORK 21/09/2000





 

so schreiben. Auf längere Sicht könnte schon einiges rauskommen. Vielleicht sogar auch kurzfristig. Mittlerweile ist alles möglich, was nach oben führt. Hrct hat sich lange genug im kurs gehalten, der Boden liegt klar bei 5,65, tiefer gehts zumindest mimmer. Hrct rechtfertigt diesen Boden durch seinen Wert. Denke schon, daß wir Grund zum Optimismus haben dürfen.  

Ich möchte daran erinnern, daß Hartcourt noch vor nicht einmal einem Jahr gerade mal aus zwei Firmen bestand. Und heute ? Würden so erfahrene Brokerhäuser in Hk wirklich das Listing übernehmen wenn abzusehen wäre, daß HRCT ein Flop wird ? Und die Verträge sind doch jetzt unterzeichnet, d.h. der Ausgabepreis ist zumindest in einer Range festgelegt.

Scheint so, als hätte ich mich mit KPMG verschätzt. Wenn KPMG wirklich mit im Boot sitzt (und das scheint ja jetzt so zu sein), dann ist das für mich ein wichtiger Schritt in die Seriösität von HRCT.
 

hat sich Hartcourt mächtig gemausert. Es zeichnet sich eine Wende ab, denn das Interesse steigt, wie wir an den Pressestimmen erkennen können.  

daß der Kurs in USA künstlich niedrig gehalten wird. Ich habe soeben im Money.net die Kurse realtime verfolgt. Als der Wert bei 5,75$ stand, wurde sofort eine Order von 17000 Stck zu 5,5$ hereingegeben und der Kurs war wieder auf dem alten Stand. So geht das nun schon seit Monaten! Die Daytrader verdienen sich eine goldene Nase. Mag vielleicht auch daran liegen, daß HRCT zu wenig Publicity macht und der Wert noch nicht so bekannt ist. Solange HRCT ein OTC-Stock ist, wird sich wahrscheinlich wenig ändern. Darum ist die Orientierung nach Hongkong auch der absolut richtige Schritt, wobei ein Listing an der Nasdaq damit natürlich nicht ausgeschlossen ist. Erst wenn institutionelle Anleger in den Wert investieren, werden die Market-Maker ( MM's ) keine Chance mehr haben. Der Tag wird kommen und ich bin weiterhin völlig überzeugt von Hartcourt. Die zunehmende Seriosität ist bereits angesprochen worden. Alle weiteren Fakten stimmen einfach und Hartcourt wird seinen Weg machen.
Gruß
Trader  

Ragingbull,von wegen unbekannt! Allerdings ein echtes Zockerbord,im übrigen kann man OTC-Werte nicht shorten.                                                                 Today's Most Active


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http://www.10kwizard.ragingbull.com/fil_submis.asp?iacc=1278398

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

Date of Report (Date of earliest event reported): September 25, 2000

------------------

THE HARTCOURT COMPANIES, INC.

-----------------------------------------------

(Exact name of registrant as specified in charter)

Utah

--------------------------------------------

(State or other jurisdiction of incorporation)

001-12671

----------------------

(Commission File Number)

87-0400541

------------------------------

(IRS Employer Identification No.)

9800 S. Sepulveda Blvd., Suite 818, Los Angeles, California 90045



(Address of principal executive offices) (Zip Code)

(310) 410-7290

--------------------------------------------------

(Registrant`s telephone number, including area code)



Item 1. Changes in Control of Registrant

None

Item 2. Acquisition or Disposition of Assets

None

Item 3. Bankruptcy or Receivership

None

Item 4. Changes in Registrant`s Certifying Accountant.

On September 19, 2000 Registrant received a letter of resignation from
Registrant`s independent accountants, BDO International, dated September
19, 2000.

At the present time the Board of Directors of the Registrant has not made a
decision concerning an auditing firm to replace BDO International.

BDO International previously issued a modification to their report dated
March 30, 2000. The report noted the Company had suffered recurring
losses from operations and raised significant doubt about the ability of the
Company to continue as a going concern. Other than the Company`s ability
to continue as a going concern, the report did not contain any adverse
opinion or disclaimer of opinion, or any qualification as to uncertainty, audit
scope or accounting principles. Such report subsequent to issuance has
not been modified. There were no disagreements with BDO International on
any matters of accounting principles or practices, financial statement
disclosures or auditing scope or procedures during the one-year period
covered by their report and subsequently through September 19, 2000.

Item 5. Other Events

None

Item 6. Resignation Of Registrant`s Directors

None

Item 7. Financial Statements and Exhibits

Financial Statements - None

Exhibits - Exhibit 16 (b) - Consent of independent accountants.

Item 8. Change in Fiscal Year

None

1


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

THE HARTCOURT COMPANIES INC.

/s/ Alan Phan ------------------------ Dr. Alan Phan Chairman of the Board

Date: September 25, 2000.

von peedro 28.09.00 23:50:14
betrifft Aktie: HARTCOURT COSDL-,001   1951163
kann das mal bitte einer zumindst grob übersetzen, da reicht mein Englisch nämlich nicht mehr ;-)

http://www.10kwizard.ragingbull.com/fil_submis.asp?iacc=1278398

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.

Date of Report (Date of earliest event reported): September 25, 2000

------------------

THE HARTCOURT COMPANIES, INC.

-----------------------------------------------

(Exact name of registrant as specified in charter)

Utah

--------------------------------------------

(State or other jurisdiction of incorporation)

001-12671

----------------------

(Commission File Number)

87-0400541

------------------------------

(IRS Employer Identification No.)

9800 S. Sepulveda Blvd., Suite 818, Los Angeles, California 90045



(Address of principal executive offices) (Zip Code)

(310) 410-7290

--------------------------------------------------

(Registrant`s telephone number, including area code)



Item 1. Changes in Control of Registrant

None

Item 2. Acquisition or Disposition of Assets

None

Item 3. Bankruptcy or Receivership

None

Item 4. Changes in Registrant`s Certifying Accountant.

On September 19, 2000 Registrant received a letter of resignation from
Registrant`s independent accountants, BDO International, dated September
19, 2000.

At the present time the Board of Directors of the Registrant has not made a
decision concerning an auditing firm to replace BDO International.

BDO International previously issued a modification to their report dated
March 30, 2000. The report noted the Company had suffered recurring
losses from operations and raised significant doubt about the ability of the
Company to continue as a going concern. Other than the Company`s ability
to continue as a going concern, the report did not contain any adverse
opinion or disclaimer of opinion, or any qualification as to uncertainty, audit
scope or accounting principles. Such report subsequent to issuance has
not been modified. There were no disagreements with BDO International on
any matters of accounting principles or practices, financial statement
disclosures or auditing scope or procedures during the one-year period
covered by their report and subsequently through September 19, 2000.

Item 5. Other Events

None

Item 6. Resignation Of Registrant`s Directors

None

Item 7. Financial Statements and Exhibits

Financial Statements - None

Exhibits - Exhibit 16 (b) - Consent of independent accountants.

Item 8. Change in Fiscal Year

None

1


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.

THE HARTCOURT COMPANIES INC.

/s/ Alan Phan ------------------------ Dr. Alan Phan Chairman of the Board

Date: September 25, 2000.

 

Ich habe euch hier eine interessante These kopiert, die ich gerade im WO-Board las. Auch ich denke teilweise, daß viele Zocker immer wieder bewust versuchen, den Kurs zu drücken, sobald sie ihren Gewinn eingesackt haben. Demnach also ist es auch manchmal sinnvoll, dieses Spiel einfach mitzumachen und auch Gewinne einstecken. Zwischen 6 und 7 E einsteigen und bei 8 oder 9 wieder raus. Allerdings lohnt sich dies nur in Stückzahlen ab 500 aufwärts finde ich.

**************************
Hi kain,

jeglicher Kommentar ist im Grunde überflüssig, genau wie die weiteren oder vorherigen Diskusionen. Aus dem Schreiben geht nach wie vor hervor, daß alles im grünen Bereich ist und hervoragend läuft.

Kleine vermeindliche Stolpersteine sollte man nicht überbewerten, denn das was wirklich zählt, ist die reine Tatsache, daß Phan dieses Jahr den Weg für ene erfolgreiche Zukunft geebnet hat.

Alles spricht für einen steilen Nordkurs.

Und wenn hier ab und zu mal einige Neunmalkluge auftauchen, die dann ihre Meinung kundgeben und aufgrund irgendwelcher halbherzigen Vermutungen versuchen, alles in den Schatten zu stellen, dann kann ich nur lachen. Diese Banausen klingen mit ihren negativen Äusserungen dann so, als ob sie Hintergründe kennen, die nicht einmal Phan selber oder andere Aufsichtsrat-Mitglieder kennen.

Glaubt hier wirklich noch jemand,daß die "Negativ-Quatschköppe" mehr wissen als die Leute, die Hrct usw. managen ?

Nein nein, diese Anti-Hrctler sind mittlerweile nichts anderes als Tageszocker, die immer wieder versuchen, den Kurs hin und her zu schwingen, um jeden Euro als Gewinn verbuchen zu können.

Werft mal einen Blick in die entsprechenden Zocker-Boards, wo viele Daytrader angesiedelt sind und schaut euch mal an, wie häufig der Name Hrct dort auftaucht. Keiner kan mehr behaupten, daß Hrct unbekannt ist.

Phan hat den Erfolg bereits inder Tasche, wir damit auch. So lange wird es nicht mehr dauern, bisder Durchbruch nach Norden kommt.  

Seit wann hängt der Bekanntheitsgrad einer Aktie vom Diskussionsforum des Raging-Bull-Boards ab? Wenn Du im RB-Board die Beiträge liest, kannst Du sehr wohl erkennen, daß HRCT ständig geshortet wird, sehr zum Ärger der Longs!
Dieses Posting habe ich gerade im RB-Board gelesen. Der Bekanntheitsgrad steigt. Weiter so!

!!!! OUR NEWS MADE THE NEWS , I guess know one else caught the FACT that we where on Bloomberg National News, channel 24 & 55 out east here right there on the tv screen posted for about 10 seconds for the world to see, HRCT aquires 60% of Beijing TSS .
 

Date of Report (Date of earliest event reported): September 25, 2000
On September 19, 2000 Registrant received a letter of resignation from
Registrant`s independent accountants, BDO International, dated September
19, 2000.


BDO International previously issued a modification to their report dated
March 30, 2000. The report noted the Company had suffered recurring
losses from operations and raised significant doubt about the ability of the
Company to continue as a going concern
Am 19.9.ist die Accountantfirma BDO von ihrem Auftrag zurückgetreten nachdem sie eine Modification ihres Berichtes vom März geliefert hatte.Hierin äusserte sie Zweifel,ob die Firma nach wiederholten Verlusten in der Lage sei weiterzumachen.

Wenn dies zutreffen sollte, ist die  Gefahr eines unzureichenden Reports bei der SEC,der wohl längst fällig wäre,nicht zu verkennen.Ich weise daraufhin,dass auch die OTC-Aktien zu diesem Report verpflichtet sind und andernfalss die Gefahr droht,dass sie in den Status von Pinksheets rutschen,d.h. nur noch im Freihandel verkauft werden können.
Es wäre demnach wohl in Eurem Interesse zu hoffen,dass durch das Börsenlisting an der GEM genügend Kapital aufgenommen wird.

Im übrigen ist es sehr wohl richtig,dass OTC-Aktien nicht geshortet werden können,sie werden daher allenfalls gebasht,wie ja auch der Beitrag von wallstreet-online zeigt.