"HS" means Honorable Soldier (Ribbon) and is great for an account- having this ribbon will attract more customers.
What you attempted is "flagging" an account, in which an account is flagged by Z8 Games Support for account sharing- a final warning. When an account is flagged, it is extremely difficult, and often not worth the time, to recover the associated account. If this process is unsuccessful, Z8 Support will change your information to whatever they desire, making it so you are unable to log in to your account. The account itself, however, is not deleted, it is merely out of your hands until you contact them with further information.