$HSCO Oct.16/2013 Hi Score Corporation Announces Strategy to Become Fully Reporting as a Business Development Corporation
Oct 16, 2013
OTC Disclosure & News
Service
ACCESSWIRE) 10/16/2013 1:00:00
PM - Hi Score Corporation. (OTC PINK: HSCO ) is?pleased to announce its plans to pursue a Registration Statement with the SEC to become fully reporting. Hi Score Corporation is seeking to elect to become a Business
Development Corporation, with a strategy toward becoming debt free, buying
equity in the form of profitable enterprises & assets using convertible
preferred stock as currency, and issuing dividends to its stockholders.
William White, the new CEO of
Hi Score Corporation states, ?Hi Score Corporation has been a current OTC
Market issuer for some time now and we need to make that next step to become an
SEC filer. My first order of business, outside of changing the business
culture, is to build rapport & trust with the stockholders, build value by
buying value, and show growth on the balance sheet. Becoming a Business
Development Corporation is part of our strategy moving forward, because it
requires Hi Score Corporation to not only become more transparent with its
stockholders, through a proxy process that currently does not exist, but also
eliminate negative debt to equity ratios, and pay out dividends with the full
approval of FINRA. The first step in this process is auditing our financial
statements and filing a Form 10 so that we can get on the OTCQB. We anticipate
getting this done by Q2 of 2014. "
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.
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
www.hiscorecorporation.com
