elks
2週前
SportsQuest, Inc. (OTCPINK: SPQS) Announces Corporate Developments and Strategic
Initiatives
January 10, 2025, West Palm Beach, FL – SportsQuest, Inc. (OTCPINK: SPQS) ("the
Company") is pleased to announce a series of significant corporate developments as part of its
ongoing restructuring and growth strategy. The Company is committed to enhancing shareholder
value through strategic initiatives and improved corporate governance.
Corporate Updates:
1. Redomicile to Wyoming: The Company has successfully redomiciled from Delaware to
Wyoming, a move aimed at optimizing its corporate structure and aligning with
shareholder interests.
2. Confirmation from Resident Agent: SportsQuest has received confirmation from its
resident agent regarding the successful completion of the redomiciling process.
3. State SOS Update: This corporate change is expected to be reflected on the Wyoming
Secretary of State’s records shortly.
4. Appointment of Additional Securities Attorney: The Board of Directors has passed a
resolution appointing Jonathan Leinwand as an additional securities attorney. Mr.
Leinwand will serve as the lead securities lawyer, spearheading efforts to return the
Company to fully reporting status with the SEC.
5. OTC Profile Update: The appointment of the new service provider will be updated on
the OTC company profile within the next few business days.
6. Completion of Audit: The Company has completed its audit and anticipates making the
necessary filings with the SEC in the first quarter of 2025.
7. Corporate Restructuring: As previously announced, the Company has been in
discussions with a highly qualified candidate and an operating company. These corporate
changes and restructuring efforts are designed to facilitate the long-anticipated takeover
of the control block by new incoming management and their front office staff.
8. Debt Elimination: The interim management is optimistic that the new cash infusion
from the control block purchaser will enable the Company to eliminate most or all of its
current debt.
9. Potential Name and Symbol Change: In collaboration with the new control block
purchaser, the Company may apply for a new name and symbol. Further details will be
provided in separate, timely filings.
10. Timeline for Completion: The Company is hopeful to complete most of these initiatives
in the first quarter of 2025, with some tasks extending into early Q2.
SportsQuest, Inc. remains dedicated to delivering on its strategic goals and looks forward to
providing further updates as these developments unfold. Follow our corporate website for further
updates.
More updates will be released on a timely basis KKKKKABBBBBOOOOOOOMMMMMM COMING !!!!!!!!!!!!!$$$$$$$$$$$$$$$$$$$
work-n-hard
5月前
I peaked at this one a couple of times today. Earlier OTCN, who is the dumper, was trying to hold in a bottom of 6, but had little back up. I see someone took his shares and he's at 5 Bid now.
While I was looking, ETRF popped up a Bid of 8.45M.
With volume slowing down since this morning, I'm watching for OTCN to end up filling that big bid and maybe "then some"???
Thinking 4's will flow by EOD.