$HSCO NEWS Hi Score Corporation Announces New Busi
Post# of 151
Posted On: 10/18/2013 9:23:29 AM
[b]$HSCO NEWS Hi Score Corporation Announces New Business Model to Enhance its Net Stock Holders Equity[/b]
Hi Score Corporation
Announces New Business Model to Enhance its Net Stock Holders Equity
Oct 18, 2013
OTC Disclosure & News
Service
ACCESSWIRE) 10/18/2013
8:30:00AM - Hi Score
Corporation. (OTC PINK: HSCO ) is pleased to announce that it will be pursuing
a new business strategy in order to complement its existing model of acquiring,
and supporting green technologies, through its subsidiary, Next Dimension Marketing Inc. An often overlooked aspect of a public company's balance sheet is its own investment activities. Hi Score Corporation will now also seek to acquire secured debt with conversion privileges or options to acquire common stock or equity securities
in other issuers, which are typically the public company's most senior preferred stock at the time of the investment. In cases where Hi Score Corporation has acquired secured non affiliated debt in another issuers, it
will seek to convert that debt into common shares, which it can sell or book as
equity on its own balance sheet.
William White, CEO of Hi Score Corporation, states, "We believe that investing in another issuers most senior and/or secured debt or equity securities provides some protection
and is one way to potentially mitigate the otherwise high risks of investing.
Since securities that we acquire directly from selling stockholders may not
represent the most senior securities of the issuer, we may seek to negotiate
terms, such as warrants or other structural protections, which are intended to
provide some additional value protection. The upside for Hi Score Corporation
is that our company can generate it's equity from retained earnings as opposed
to paid in capital. Our expectation is that we can create cash dividends with
this business model for our stockholders, which we would also file with FINRA
to get approval."
A Company Spokesperson, further
added, " The opportunity to enhance cash or cash equivalents on the
balance sheet means that the public company does not need to mortgage it's
future by accepting debt which becomes a derivative liability when it is goes
unpaid. Hi Score Corporation won't need to raise money until it seeks a
Registration Statement with the SEC. With the new business model, it will be
able to afford a look back audit and the ancillary costs associated with hiring
an SEC lawyer to file the Form S1, without having to resort to convertible
notes on its own balance sheet. The worse thing we could do as a company is to
bring the debt to equity ratios down, only to take it back up. Our investment
activities will help finance our costs to meet those objectives. "
About
Hi Score Corporation:
Hi Score Corporation (HSCO.PK) serves as the parent company for Green LED
Technology Inc. Hi Score is also the owner of the EcoGreenBulb Line of Compact
Fluorescent Lamps and the REPCO Line of Traditional Lighting. It is the
primary aim at Hi Score to show their companies? clients how to save energy and
money by utilizing safe, efficient, lighting. Their companies provide cost
effective alternatives to current commercial use of fluorescent and
incandescent bulbs. In the next decade, everyone (including large and small
businesses to towns, cities and homeowners) will be called upon to replace
their current methods of lighting with more energy efficient and less toxic
products. In August of 2012 the Company resolved to explore acquisition of
other profitable private companies in the Energy Saving Lighting. In October of
2012 the company expanded its exploration horizons to include opportunities
with companies in any space provided the deal makes fiscal sense and shows
potential of growth. In October of 2013 the Company acquired Next Dimension
Marketing Inc. (NDMI) which is a U.S. assembler
& exclusive distributor of hydrogen converters; specifically including the Performance
Enhancement and Emissions Control Hydrogen (PEECH) System.
Safe
Harbor Statement: This release includes "forward-looking
statements" within the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E and or 27E of the Securities Exchange Act of
1934 that are based upon assumptions that in the future may prove not to have
been accurate and are subject to significant risks and uncertainties, including
statements as to the future performance of the company and the risks and
uncertainties detailed from time to time in reports filed by the company with
the Securities and Exchange Commission. Statements contained in this release
that are not historical facts may be deemed to be forward-looking statements.
Investors are cautioned that forward-looking statements are inherently
uncertain. Although the company believes that the expectations reflected in its
forward-looking statements are reasonable, it can give no assurance that such
expectations or any of its forward-looking statements will prove to be correct.
Factors that could cause results to differ include, but are not limited to, the
company's ability to raise necessary financing, retention of key personnel,
timely delivery of inventory from the company's contract manufacturers, timely
product development, product acceptance, and the impact of competitive services
and products, in addition to general economic risks and uncertainties.
Company
Contact Information:
Mr. William White, Chief
Executive Officer
Harvardtrust@execs.com or info@greenledsolutions.com
or bill@ndmarketinginc.com
www.hiscorecorporation.com
Hi Score Corporation
Announces New Business Model to Enhance its Net Stock Holders Equity
Oct 18, 2013
OTC Disclosure & News
Service
ACCESSWIRE) 10/18/2013
8:30:00AM - Hi Score
Corporation. (OTC PINK: HSCO ) is pleased to announce that it will be pursuing
a new business strategy in order to complement its existing model of acquiring,
and supporting green technologies, through its subsidiary, Next Dimension Marketing Inc. An often overlooked aspect of a public company's balance sheet is its own investment activities. Hi Score Corporation will now also seek to acquire secured debt with conversion privileges or options to acquire common stock or equity securities
in other issuers, which are typically the public company's most senior preferred stock at the time of the investment. In cases where Hi Score Corporation has acquired secured non affiliated debt in another issuers, it
will seek to convert that debt into common shares, which it can sell or book as
equity on its own balance sheet.
William White, CEO of Hi Score Corporation, states, "We believe that investing in another issuers most senior and/or secured debt or equity securities provides some protection
and is one way to potentially mitigate the otherwise high risks of investing.
Since securities that we acquire directly from selling stockholders may not
represent the most senior securities of the issuer, we may seek to negotiate
terms, such as warrants or other structural protections, which are intended to
provide some additional value protection. The upside for Hi Score Corporation
is that our company can generate it's equity from retained earnings as opposed
to paid in capital. Our expectation is that we can create cash dividends with
this business model for our stockholders, which we would also file with FINRA
to get approval."
A Company Spokesperson, further
added, " The opportunity to enhance cash or cash equivalents on the
balance sheet means that the public company does not need to mortgage it's
future by accepting debt which becomes a derivative liability when it is goes
unpaid. Hi Score Corporation won't need to raise money until it seeks a
Registration Statement with the SEC. With the new business model, it will be
able to afford a look back audit and the ancillary costs associated with hiring
an SEC lawyer to file the Form S1, without having to resort to convertible
notes on its own balance sheet. The worse thing we could do as a company is to
bring the debt to equity ratios down, only to take it back up. Our investment
activities will help finance our costs to meet those objectives. "
About
Hi Score Corporation:
Hi Score Corporation (HSCO.PK) serves as the parent company for Green LED
Technology Inc. Hi Score is also the owner of the EcoGreenBulb Line of Compact
Fluorescent Lamps and the REPCO Line of Traditional Lighting. It is the
primary aim at Hi Score to show their companies? clients how to save energy and
money by utilizing safe, efficient, lighting. Their companies provide cost
effective alternatives to current commercial use of fluorescent and
incandescent bulbs. In the next decade, everyone (including large and small
businesses to towns, cities and homeowners) will be called upon to replace
their current methods of lighting with more energy efficient and less toxic
products. In August of 2012 the Company resolved to explore acquisition of
other profitable private companies in the Energy Saving Lighting. In October of
2012 the company expanded its exploration horizons to include opportunities
with companies in any space provided the deal makes fiscal sense and shows
potential of growth. In October of 2013 the Company acquired Next Dimension
Marketing Inc. (NDMI) which is a U.S. assembler
& exclusive distributor of hydrogen converters; specifically including the Performance
Enhancement and Emissions Control Hydrogen (PEECH) System.
Safe
Harbor Statement: This release includes "forward-looking
statements" within the meaning of Section 27A of the Securities Act of
1933, as amended, and Section 21E and or 27E of the Securities Exchange Act of
1934 that are based upon assumptions that in the future may prove not to have
been accurate and are subject to significant risks and uncertainties, including
statements as to the future performance of the company and the risks and
uncertainties detailed from time to time in reports filed by the company with
the Securities and Exchange Commission. Statements contained in this release
that are not historical facts may be deemed to be forward-looking statements.
Investors are cautioned that forward-looking statements are inherently
uncertain. Although the company believes that the expectations reflected in its
forward-looking statements are reasonable, it can give no assurance that such
expectations or any of its forward-looking statements will prove to be correct.
Factors that could cause results to differ include, but are not limited to, the
company's ability to raise necessary financing, retention of key personnel,
timely delivery of inventory from the company's contract manufacturers, timely
product development, product acceptance, and the impact of competitive services
and products, in addition to general economic risks and uncertainties.
Company
Contact Information:
Mr. William White, Chief
Executive Officer
Harvardtrust@execs.com or info@greenledsolutions.com
or bill@ndmarketinginc.com
www.hiscorecorporation.com
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