Scores Holding Company, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2019

Scores Holding Company, Inc. (Scores) is a hospitality company. The Company is engaged in the business of licensing the Scores trademarks and other intellectual property to nightclubs with adult entertainment in the United States. It is engaged in licensing and stand-ready for consulting and club set-up services. The Company operates through its subsidiary Scores Licensing Corp. (SLC). The Company’s intellectual property licensing agreements permits the licensee to use the recognition and status of the scores brand in order to promote their businesses. The Company offers an initial set-up and consultation to new clubs in order to aid in the opening and operation. The services are provided within the first month of any licensing agreements, and sometimes are not requested by the licensee and therefore never provided.