Hi Score Corp. (HSCO: OTC Pink Current) | Olie Adds to 2014 Action Plan by Rolling Up Audited Pink Sheet & OTCQB Issuers

Olie Adds to 2014 Action Plan by Rolling Up Audited Pink Sheet OTCQB Issuers

Dec 23, 2013

OTC Disclosure News Service

Sunrise, FL

– VANCOUVER, British Columbia, Dec 23, 2013 (GLOBE NEWSWIRE via COMTEX) — Olie
Inc. (OTCQB:OLIE) (Olie) President, Robert Gardner, announces an emphasis in its
2014 Action Plan. In summary:

1) Olie purchases aged non-affiliate debt;

2) provides corporate advisory services, including corporate restructuring of
client issuers;

3) consolidates compounding derivative liabilities;

4) issues stock dividends subject to FINRA approval;

5) retains PCAOB accounting firms to complete audits on pink sheet companies;

And now:

6) Olie will seek to acquire the issuers their shareholder base as wholly
owned subsidiaries, in exchange for anti-dilutive convertible preferred stock
and management appointments within Olie.

Robert Gardner, President of Olie states, “The inherent value to the
shareholders of Olie is that the shareholder base expands demonstrably as new
companies are acquired. These companies will be audited, with low debt to equity
ratios, and cash and/or assets on their own balance sheets. Olie’s accounting
team in conjunction with its auditors will file Condensed Consolidated Financial
Statements. In this manner we plan to accelerate net stockholders’ equity.”

William White, CEO of Hi Score Corporation, (OTC PINK:HSCO) a planned subsidiary
of Olie states, “We believe that domestic Pink Sheet companies need to become
SEC filers; the inherent problem for many small companies is they don’t have
enough money to run their companies, pay for audits properly disclose. The
opportunity to join something larger than ourselves like Olie and retain
ownership, without continuing large overhead costs of remaining a fully
reporting issuer, is extremely attractive. The Pink Sheets, private companies or
OTCQB issuers that become wholly owned subsidiaries, continue to own their own
assets exclusively, because each company is acquired with its own class of
convertible preferred stock. This opens the door for subsidiaries to acquire
their own value equity, using subsets of just their class of convertible
preferred stock, without incurring the costs of consolidating the value on
separate financial statements.”

Safe Harbor Statement:

This release may include “forward looking statements” within the meaning of
Section 27 A of the Securities Act 1933 as amended, and Section 21 E and /or 27
E of the Securities Exchange Act of 1934, that are based on assumptions that in
the future are inherently uncertain, may prove not to be accurate, and are
subject to significant risks and uncertainties. These include, but are not
limited to statements as to the future performance of the company, its ability
to raise necessary financing, and other general economic risks and
uncertainties.

CONTACT: Robert C. Gardner, President
     Phone: 604 669-9000
     E-mail: robertgardner@olieinc.ca
     Website: www.olietech.com

http://www.globenewswire.com/newsroom/ti?nf=MTMjMTAwNjIzNzkjMjQ0NTE=

(C) Copyright 2013 GlobeNewswire, Inc. All rights reserved.

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KEYWORD:     VANCOUVER, British Columbia
INDUSTRY KEYWORD: Business Services
SUBJECT CODE:   Company Announcement
         CORPORATE

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=73658

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