Hihscore? What a cold blooded incredulous scam... these guys don't even care any more if people know. No warning 7:am reverse split announcement for the same days market open (today)....then the gall to spew the BS about market value and SHORTING ... I'm totally convinced now more than ever that the scummy stock tout promoters are completely writing these and in many cases are coaching the stupid CEO's how to sell stock to sheeple.
Hi Score Corporation (PINKSHEETS: HSCO) announced today that effective at market open today, Hi Score Corporation moves forward with a 1-for-125 reverse stock split in which every 125 shares of the company's outstanding common stock converts to one share of common stock. The price of each common share in this case increases by the same ratio so that a stockholder will own fewer but higher priced shares, keeping the total investment the same upon effect. The reverse stock split will not have any impact on the voting and other rights of stockholders.
Hi Score's CEO, Michael Zoyes confirms that the split "will have no impact on the company's business operations. We believe that the stock structure is better aligned with our company's overall value. We feel confident that the move will help mitigate lasting market effects related to shorting situations earlier this year and last year...