| Business Summary | | 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
goal
is
to
create
the
premiere
financial
portal
in
the
Chinese
market
by
building
a
network
of
Internet
companies
in
partnership
with
young
Chinese
entrepreneurs
as
well
as
government-owned
entities.
Through
the
combined
services
of
Beijing-based
UAC
Stock
Exchange
Online,
Ltd.
and
Hong
Kong-based
Financial
Telecom
Ltd.,
Hartcourt
intends
to
create
a
financial
portal
of
Chinese
Internet
with
a
comprehensive
Website
and
supporting
utilities
that
will
be
capable
of
executing
securities
transactions
online,
while
providing
real-time
quotes,
research,
charts
and
other
collateral
information
regarding
stocks,
bonds,
currencies
and
other
markets
in
China
and
other
Asian
markets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | HRCT
is
a
holding
company
which
through
its
ventures
in
China,
provides
online
trading,
ISP
and
financial
information.
The
Company
has
set
as
its
goal
advancement
of
internet
and
related
financial
services
in
the
Asian
community.
For
the
six
months
ended
6/30/01,
revenues
totaled
$2.1
million,
up
from
$690
thousand.
Net
loss
fell
14%
to
$2.2
million.
Results
reflect
revenues
derived
from
International
long
distance
carrier
Elephant
Talk
and
improved
operating
efficiency. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Alan Phan, 55 Chairman,
Pres, CEO | $0.0K | Manu Ohri, 45 CFO,
Exec. VP-Fin., Treasurer, Director | -- | Frederic Cohn, 61 VP,
Sec., Director | -- | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|