!!!! NYC MEETING Couldn't believe out of ALL the people there, Jointhefun, Undfnrich ,Cjp couldn't make the class reunion.You missed cookies and milk.
I was surprised at how young Dr.Ching looked and focused on the job he has at hand. I alone must have hit him with about 30 questions from things like Edda to the discrepancy about MMyar's private placement certs. He has done his home work and seems up to speed on ALL of HRCT's matters.
" First NO reverse split period". They are comfortable with the monthly payments that EDDA IS MAKING on their contract to HRCT on thier purchase of UAC. The Innostar relationship is still solid just waiting for the market to turn around. Sinobull is still on track and they (HRCT) will be giving the SEC the required paper work most recently requested in the next week.This came about by the way of HRCT's year end filing coming after they submitted previous paper work. FTL has stopped the financial paging service in HONG KONG for now. The METASTOCK end those is cash flow POSITIVE with their other viable products such as their quotation system.HRCT 's ownwership interests are still in place with Wind Info, and TSS. Market conditions not favorable (now) for furthering those ownership interests.
Dr.Ching understands as most of you know of the PAST missed opportunities(my words) and will now make sure HRCT proceeds forward into the future with a prudent business acumen. There is very little overhead and he did mention of hiring 3 more people in the office now that Lexington will be bringing in financial interest. On the E-Learning end he mentioned they have to apply for whats called a secondary college license due to the nature of E-Learning and how it's business is run over the net and that Mejia College is wanting more money for their end of the business , this needs to be worked out before they can proceed forward. But he did say they are funding the class rooms with computers and desks in preparation for classes to start.He also spoke of his concerns regarding the short selling of HRCT and the D.H.'s that were all aware of who ply their sleaze on R.B. He's all to aware naturally of how the markets work from his background which is a big plus. I asked him to look into the background of Signature Stock and to explore other companies for the certs to be held in if problems like Mmayr aren't resolved. And for those wandering where you get HOW MANY SHAREHOLDERS A COMPANY HAS IT'S THE STOCK CERTIFICATE ISSUING COMPANY (Signature Stock ) that informs them .Again a simple phone call by anyone can ascertain this info. He mentioned briefly about the annual shareholder meeting and if I preferred it being held either in LA or Vegas. Naturally I said hold it NYC. The financial capitol, what better place to solicit new investors while holding the meeting. (Tinberry I can put you up in our wicker room,it has a lovely view of the water. Since you'd be coming from HI )the rest of you my basement can hold about 100 in sleeping bags.(LOL)As long as you all play nice down there. But nothing was set in stone on this at all. He also spoke about the Hogue judgement and is confident that HRCT will prevail and that the judge pulled the figure out of his proverbial robe maybe Mojommar can espouse upon how this can come about when your attorney doesn't show up for court. I think the judge was pissed off that day for whatever reason and decided to get HRCT's attention.Maybe he(Hogue) turns out to be oc (LOL). There was one certain very well business dressed oriental fellow who came and left about half way through. Sat through the presentation and follow up. Others have covered most of some other things Dr.Ching has said I'm sure at all the meetings. Truly seems to be working on shareholder value and the unknown factor which we all know is their connections in China which are numerous. We'll I've run off enough for tonight and the FLA people I'm sure will be coming around soon so LETS GO YANKEEEEEEEEEEEEES. I-MAN we just let you borrow the trophy for 1 year will be taking it back this year.
