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  Enlight media quits, Hray sucks then.
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lfme...@gmail.com  
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 More options Mar 3 2008, 2:33 pm
From: lfme...@gmail.com
Date: Mon, 3 Mar 2008 11:33:42 -0800 (PST)
Local: Mon, Mar 3 2008 2:33 pm
Subject: Enlight media quits, Hray sucks then.
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Chinese media says they are about to break up.

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wood...@gmail.com  
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 More options Mar 4 2008, 4:03 pm
From: wood...@gmail.com
Date: Tue, 4 Mar 2008 13:03:05 -0800 (PST)
Local: Tues, Mar 4 2008 4:03 pm
Subject: Re: Enlight media quits, Hray sucks then.
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Wanna provide a link to such a report?

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Monkey King  
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 More options Mar 4 2008, 9:46 pm
From: Monkey King <hxue2...@gmail.com>
Date: Tue, 4 Mar 2008 18:46:45 -0800 (PST)
Local: Tues, Mar 4 2008 9:46 pm
Subject: Re: Enlight media quits, Hray sucks then.
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To read summary of related Chinese articles, pls see:

"Hurray Calls Off Merger with Enlight"
http://www.marbridgeconsulting.com/marbridgedaily/2008-03-04/article/...

Abstract:

"According to a reliable source, the merger between Enlight Media and
Hurray (Nasdaq: HRAY) has failed after Hurray found Enlight to have
falsely reported income and performance figures - by a factor of ten.
"

"as of February 11, 2008, Hurray's earliest venture capital investor,
Granite Global Ventures (GGV), surpassed Hurray CEO Sean Wang (Wang
Qindai) as the company's major shareholder after purchasing an 11.86%
stake on the open market at the end of 2007."

"According to the above-mentioned source, official announcement of the
merger's failure will be made around the time that Hurray's 2007 Q4
and annual financial reports are scheduled to be released, March 6th,
New York time."


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