Question:
-If Dror Svorai was in charge of Green LED Solutions until April 2010, what has he been doing since? Hi Score Corp acquired the company in April. On December 3, 2010, there was this VERY WORRISOME news release from Hi Score:
MIAMI, FL--(Marketwire - December 3, 2010) - Hi Score Corporation (PINKSHEETS: HSCO) announced today that it has entered into a "Lock Up Agreement" with its President and CEO, Michael Zoyes, wherein Mr. Zoyes agrees to hold his common shares in the company until December 1, 2011. Zoyes owns two million shares of common stock of the company which he received in October of 2009 as part of the company's merger between Hi Score and Green LED Technology Inc. Mr. Zoyes took over as President and CEO of the company in April of this year when the company's founder, Dror Svorai, stepped down as President and CEO. When Mr. Zoyes took over, the company was saddled with several hundred thousand dollars of debt. The company has been retiring the debt over the past several months which has caused downward pressure on the stock. Now that a significant share of the debt has been retired, the company expects to see a significant relief in this downward pressure. "It has been a turbulent ride... that has caused us to adjust," said Zoyes, "we are however, very optimistic and excited about the upcoming year. I am very excited about our future growth and expansion plans."
So he drove the company into debt. Hooray.
I'm not expecting any more out of this guy than I did out of Mayan. He's a name attached to a company that exists on paper. I'm pro-ispi, sure, but the company effectively doesn't exist.
I severely doubt the validity of the "news releases" that were being communicated to individual investors & posters on this board.
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