DD for new Investors… Updated 3/8/2000
HRCT Profile: HRCT is a holding company with a primary focus in online services in Asia. Hartcourt capitalized on its experience and connections in China to focus on the most promising area of the China market: the Internet. The ultimate goal of Hartcourt is to be the leading Internet company in Asia with a planned 18 acquisitions through year 2000. HRCT's current joint ventures Sinobull, Innostar, and SCIC have laid the ground and have enabled HRCT a giant step toward establishing itself as a major provider of on-line services in China.
Company Website - www.hartcourt.com/
Shares outstanding: 30 million Float: 11 million
Interview with Jack Westfield… Vice President of Finance
www.otcinternetstocks.com/index.html
Financials: www.edgar-online.com/brand/yahoo/search/?sym=hrct
Nasdaq Application: www.hartcourt.com/i/pressrelease012400.htm
What is Sinobull.com joint venture?
Sinobull Joint venture consists of:
1. UAC e-trading network in China;
2. FTL a 14-year-old company featuring financial data bank service in Hong Kong;
3. StreamingAsia.com delivers streaming media solutions and web design;
4. Guo Mao futures, indexes and commodities data using the satellite network service
5. Shangdi/Hua Xia Info, financial data arm of Hua Xia Securities, 2nd largest brokerage firm of China.
6. To be named US partner to come in March 2000…American partner will complete Sinobull and set the stage for the IPO of Sinobull in the August of 2000
What Is Innostar?
Innostar in it's infancy, is a nationwide Internet Service Provider (ISP) and IP Phone Service in China. Innostar has been operating an IP Phone Service in Beijing for the last 14 months, in cooperation with a leading Chinese telecom company. ESAT Inc. was partnered to provide in providing high-speed Internet connections via satellite. Over the 3 months Innostar's partners and plan will unfold to become worth 5 times that of the Sinobull IPO. Innostar JV is due to IPO in the spring of 2001.
What is SCIC?
Sichuan China Integrated Cable Network Co. Ltd. (SCIC) is the newest of HRCT's joint venture investments. In combination with Shenzhen Sinlan Investment Co, SCIC will use the exclusive TV cable network in the capital city of Chengdu, Sichuan province to syngerize Sinobull and Innostar.
Due to IPO in year 2001
HRCT Joint Ventures:
Sinobull- Joint Ventures: IPO Summer of 2000
UAC Stock Exchange Online Co, Ltd.-(HRCT 50% ownership)
Press releases: www.hartcourt.com/i/pressrelease030600.htm www.hartcourt.com/i/pressrelease111899.htm
www.hartcourt.com/i/pressrelease121399.htm
www.hartcourt.com/i/pressrelease110299.htm www.hartcourt.com/i/pressrelease062999.htm
www.hartcourt.com/i/pressrelease011400.htm
Website: www.162stock.com/english/index-English.htm
Future site www.sinobull.com
Financial Telecom LTD (HRCT 58% ownership)
Press releases: www.hartcourt.com/i/pressrelease082599.htm
Website: www.asianetvest.com.hk
StreamingAsia.com biz.yahoo.com/bw/991207/ca_hartcou_1.html
www.hartcourt.com/i/pressrelease030800.htm
Website:www.streamingasia.com/servlet/...n&whatsnew=true&action=layout
Shangdi Network www.hartcourt.com/i/pressrelease121999.htm
Shanghai Guo Mao www.hartcourt.com/i/pressrelease122899.htm
ISP/IP joint venture:
Innostar (HRCT 35% ownership)
Press release: biz.yahoo.com/bw/991025/ca_hartcou_1.html
Websi te: www.innostar.com/zhuye/zhuyew.htm
ESAT agreement:
www.hartcourt.com/i/pressrelease120199.htm
Website: www.esatinc.com
SCIC Joint Venture:
Sichuan China Integrated Cable Network Co. Ltd: biz.yahoo.com/bw/000229/ca_hartcou_1.html
General:
Swartz financing: www.hartcourt.com/i/pressrelease111599.htm
www.hartcourt.com/i/pressrelease010600.htm
BDO International: www.hartcourt.com/i/pressrelease122999.htm
EMPACT Solutions: www.hartcourt.com/i/pressrelease021400.htm
HRCT Profile: HRCT is a holding company with a primary focus in online services in Asia. Hartcourt capitalized on its experience and connections in China to focus on the most promising area of the China market: the Internet. The ultimate goal of Hartcourt is to be the leading Internet company in Asia with a planned 18 acquisitions through year 2000. HRCT's current joint ventures Sinobull, Innostar, and SCIC have laid the ground and have enabled HRCT a giant step toward establishing itself as a major provider of on-line services in China.
Company Website - www.hartcourt.com/
Shares outstanding: 30 million Float: 11 million
Interview with Jack Westfield… Vice President of Finance
www.otcinternetstocks.com/index.html
Financials: www.edgar-online.com/brand/yahoo/search/?sym=hrct
Nasdaq Application: www.hartcourt.com/i/pressrelease012400.htm
What is Sinobull.com joint venture?
Sinobull Joint venture consists of:
1. UAC e-trading network in China;
2. FTL a 14-year-old company featuring financial data bank service in Hong Kong;
3. StreamingAsia.com delivers streaming media solutions and web design;
4. Guo Mao futures, indexes and commodities data using the satellite network service
5. Shangdi/Hua Xia Info, financial data arm of Hua Xia Securities, 2nd largest brokerage firm of China.
6. To be named US partner to come in March 2000…American partner will complete Sinobull and set the stage for the IPO of Sinobull in the August of 2000
What Is Innostar?
Innostar in it's infancy, is a nationwide Internet Service Provider (ISP) and IP Phone Service in China. Innostar has been operating an IP Phone Service in Beijing for the last 14 months, in cooperation with a leading Chinese telecom company. ESAT Inc. was partnered to provide in providing high-speed Internet connections via satellite. Over the 3 months Innostar's partners and plan will unfold to become worth 5 times that of the Sinobull IPO. Innostar JV is due to IPO in the spring of 2001.
What is SCIC?
Sichuan China Integrated Cable Network Co. Ltd. (SCIC) is the newest of HRCT's joint venture investments. In combination with Shenzhen Sinlan Investment Co, SCIC will use the exclusive TV cable network in the capital city of Chengdu, Sichuan province to syngerize Sinobull and Innostar.
Due to IPO in year 2001
HRCT Joint Ventures:
Sinobull- Joint Ventures: IPO Summer of 2000
UAC Stock Exchange Online Co, Ltd.-(HRCT 50% ownership)
Press releases: www.hartcourt.com/i/pressrelease030600.htm www.hartcourt.com/i/pressrelease111899.htm
www.hartcourt.com/i/pressrelease121399.htm
www.hartcourt.com/i/pressrelease110299.htm www.hartcourt.com/i/pressrelease062999.htm
www.hartcourt.com/i/pressrelease011400.htm
Website: www.162stock.com/english/index-English.htm
Future site www.sinobull.com
Financial Telecom LTD (HRCT 58% ownership)
Press releases: www.hartcourt.com/i/pressrelease082599.htm
Website: www.asianetvest.com.hk
StreamingAsia.com biz.yahoo.com/bw/991207/ca_hartcou_1.html
www.hartcourt.com/i/pressrelease030800.htm
Website:www.streamingasia.com/servlet/...n&whatsnew=true&action=layout
Shangdi Network www.hartcourt.com/i/pressrelease121999.htm
Shanghai Guo Mao www.hartcourt.com/i/pressrelease122899.htm
ISP/IP joint venture:
Innostar (HRCT 35% ownership)
Press release: biz.yahoo.com/bw/991025/ca_hartcou_1.html
Websi te: www.innostar.com/zhuye/zhuyew.htm
ESAT agreement:
www.hartcourt.com/i/pressrelease120199.htm
Website: www.esatinc.com
SCIC Joint Venture:
Sichuan China Integrated Cable Network Co. Ltd: biz.yahoo.com/bw/000229/ca_hartcou_1.html
General:
Swartz financing: www.hartcourt.com/i/pressrelease111599.htm
www.hartcourt.com/i/pressrelease010600.htm
BDO International: www.hartcourt.com/i/pressrelease122999.htm
EMPACT Solutions: www.hartcourt.com/i/pressrelease021400.htm
