Hi Score Corp. (HSCO: OTC Pink Current) | Hi Score Corporation Announces Intent to Become Wholly Owned Subsidiary of OLIE Inc. (OTCQB: OLIE)

Hi Score Corporation Announces Intent to Become Wholly Owned Subsidiary of OLIE Inc. (OTCQB: OLIE)

Dec 18, 2013

OTC Disclosure News Service

Sunrise, FL

OTC Disclosure
News Service ACCESSWIRE 12/18/2013 08:00:00AM – Hi Score Corporation,
(OTC PINK: HSCO) CEO William White is pleased to announce that it is in the
advanced stages of final negotiations to become a wholly owned subsidiary of
OLIE Inc. A Letter of Intent to Acquire Hi Score Corporation, in exchange for
Convertible Preferred Stock of OLIE Inc, is being drawn up by CEO Robert
Gardner of OLIE Inc, and final acquisition documents will be completed once Hi
Score Corporation has completed its look back audit.

William White, CEO of Hi Score
Corporation, states, “We have on our balance sheet, a $5,000,000 USD MTN,
credit linked to a AAA US Treasury Strip, and we have moved a considerable
amount of affiliate and non-affiliate debt off our balance sheet. Once we
complete our assignments for third party debt in several of the issuers we are
consulting for, Hi Score Corporation will have cash on its balance sheet to
enhance its Net Stockholders’ Equity. Our auditors, Malone Bailey LLP, have
also been paid to complete our audit, so we anticipate the transaction will be
finalized very soon. This is a remarkable opportunity for both issuers,
particularly our stockholders who will own OLIE Preferred Stock after completion.”

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. For these three companies the
primary aim at Hi Score is to show their clients how to save energy and money
by utilizing safe, efficient, lighting. To find out more information about
these Companies please visit our website at www.hiscorecorporation.com. To
further pursue and support the Company’s desire for diversification within the
green energy marketplace, in October of 2013 the Company acquired Next
Dimension Marketing Inc. (NDMI), a U.S. assembler and exclusive distributor
of hydrogen converters; specifically including the 
Performance Enhancement and Emissions Control Hydrogen
(PEECH) System. 
To find out
more about NDMI and the PEECH System please visit their website at 
www.ndmarketinginc.com. 

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 bill@ndmarketinginc.com

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The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Article source: http://www.otcmarkets.com/stock/HSCO/news?id=73419

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