Heh. I couldn't resist this one.
Yes, that is a Hi-Point 995 Carbine. This picture was taken at the NRA convention back in May - it's become a tradition to visit both the Cobra and Hi-Point booths just to see what the latest and greatest in the, well, "other" circles was. This year, it's a new, less pukey-looking stock for the 995 as well as a "muzzle brake" sort of device.
The 995, by all accounts, is a far cry from its pistol brethren, in that it appears to work and work well. They take proprietary 10 round magazines, which limit the capacity (and inherent usefulness compared to other 9mm carbines), but are 100% ban-compliant for states - like MA - that still have so-called "assault weapon" bans.
At least now the stock doesn't look like a deformed boat paddle!
That is all.