$HSCO Sweet News >> Hi Score Corporation Announces its Plans to Commence Look
Back Audit with Malone Bailey LLP
Oct 21, 2013
OTC Disclosure & News
Service ACCESSWIRE) 10/21/2013
8:30:00AM - Hi Score
Corporation. (OTC PINK: HSCO) is pleased to announce that it has resolved
to commence a look back audit with PCAOB Auditing Firm, Malone Bailey LLP. An
engagement letter is expected to be secured within a short period of time. The
engagement will call for Hi Score Corporation to provide its current and past
financial statements, including that of its subsidiary, Next Dimension
Marketing Inc, to Malone Bailey LLP so that they can prepare the consolidated
audited financial statements for the company. Hi Score Corporation has been an
OTC Market Current Tier Filer, filing its unaudited financial statements every
quarter. In order to become and remain an SEC Filer, Hi Score Corporation must
complete a look back audit, and subsequently file audited consolidated
financial statements every quarter.
William White, CEO of Hi Score
Corporation, states, " Filing audited financial statements is absolutely
necessary to build investor confidence. It's another act of transparency on the
part of management to ensure that its financial records have been independently
verified by a third party PCAOB Auditing Firm. The selection of Malone Bailey
LLP as the company's auditors is a first step in becoming an OTCQB company.
Now, that we have a sound Business Development Plan, moving forward, we need to implement and act on the changes we have made. More clarity on the information
we have already put out will be made available to stock holders as we implement
our objectives.
To date, we have amended our
articles to create convertible preferred securities, we have completed an
acquisition of my subsidiary, we are in the process of consolidating our
affiliate & non affiliate debt, we are going to be filing with FINRA the stock dividend, we are implementing a plan to acquire other green technologies, we are going to buy secured debt from non affiliates in other public companies to enhance our investment activities, and now we are going to audit our books. Our investors deserve to see the progress we will be making and they deserve to have it independently verified.
A Company Spokesperson, further
added, Domestic OTC Market companies should never remain OTC filers, unless
they plan to become QX companies. That's not our path to success. Progress, for
us, starts with the initiative of becoming an OTCQB company. This is a complete
break from the past. Hi Score Corporation brought Mr. William White in as CEO,
to change the culture, direction and vision for the company. His track record
speaks for itself. We are going to communicate better with our stockholders,
lay out our plan, and implement our strategy, to press the advantage. In the
coming days expect Mr. White to put out more information, in a letter to the
shareholders, about the plan to enhance shareholder value. "
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.
Back Audit with Malone Bailey LLP
Oct 21, 2013
OTC Disclosure & News
Service ACCESSWIRE) 10/21/2013
8:30:00AM - Hi Score
Corporation. (OTC PINK: HSCO) is pleased to announce that it has resolved
to commence a look back audit with PCAOB Auditing Firm, Malone Bailey LLP. An
engagement letter is expected to be secured within a short period of time. The
engagement will call for Hi Score Corporation to provide its current and past
financial statements, including that of its subsidiary, Next Dimension
Marketing Inc, to Malone Bailey LLP so that they can prepare the consolidated
audited financial statements for the company. Hi Score Corporation has been an
OTC Market Current Tier Filer, filing its unaudited financial statements every
quarter. In order to become and remain an SEC Filer, Hi Score Corporation must
complete a look back audit, and subsequently file audited consolidated
financial statements every quarter.
William White, CEO of Hi Score
Corporation, states, " Filing audited financial statements is absolutely
necessary to build investor confidence. It's another act of transparency on the
part of management to ensure that its financial records have been independently
verified by a third party PCAOB Auditing Firm. The selection of Malone Bailey
LLP as the company's auditors is a first step in becoming an OTCQB company.
Now, that we have a sound Business Development Plan, moving forward, we need to implement and act on the changes we have made. More clarity on the information
we have already put out will be made available to stock holders as we implement
our objectives.
To date, we have amended our
articles to create convertible preferred securities, we have completed an
acquisition of my subsidiary, we are in the process of consolidating our
affiliate & non affiliate debt, we are going to be filing with FINRA the stock dividend, we are implementing a plan to acquire other green technologies, we are going to buy secured debt from non affiliates in other public companies to enhance our investment activities, and now we are going to audit our books. Our investors deserve to see the progress we will be making and they deserve to have it independently verified.
A Company Spokesperson, further
added, Domestic OTC Market companies should never remain OTC filers, unless
they plan to become QX companies. That's not our path to success. Progress, for
us, starts with the initiative of becoming an OTCQB company. This is a complete
break from the past. Hi Score Corporation brought Mr. William White in as CEO,
to change the culture, direction and vision for the company. His track record
speaks for itself. We are going to communicate better with our stockholders,
lay out our plan, and implement our strategy, to press the advantage. In the
coming days expect Mr. White to put out more information, in a letter to the
shareholders, about the plan to enhance shareholder value. "
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.
