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SPQS
SportsQuest, Inc.
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SportsQuest (OTC:SPQS) www.sports-quest.co The Company is pleased to announce the following change in its common share structure (float reduction).
Further to our filing of 7/7/21where amongst other things we indicated that we intend to recover or claw back certain shares from certain shareholders who received shares without fulfilling their consideration requirement. We have conducted and completed our thorough forensic review of our current share structure with the Company transfer agent.
We are pleased to announce that our FLOAT is 1,568 billion and not 3,139 Billion as currently indicated. Our TA will update OTC on the next TA reporting cycle at the end of the month. As we continue with our internal investigation and aspirations of reducing both our authorized and outstanding shares our followers will notice updates and changes in the float component of our share structure.
Our authorized and outstanding share structure remains unchanged as it has remained for many years. We do expect both the outstanding shares to be reduced by as much as a billion shares.
More updates and filings will follow on a timely basis
About SportQuest
The company operates a beverage business from its 10,000 sq foot Phoenix Az location www.clearvoda.com as its core business model. The company is also engaged in certain R&D of solar-powered or green energy type energy product lines; including other "unicorn" type of products and in non-aligned industry, spaces encompassing new or emerging technologies with hyper-growth type opportunities.
SPQS Management
Contact info:
Twitter @SpqsOtc
Phone: +1 561 631 9221
Email: ir@sports-quest.co
Disclosure:
Information in this news release may contain statements about future expectations, plans, prospects or performance of SPQS that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project", and similar words and phrases are intended to identify such forward-looking statements. SPQS cautions you that any forward-looking information provided by or on behalf of SPQS are not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind SPQS actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond SPQS control. In addition to those discussed in SPQS press releases, public filings, and statements by SPQS management, including, but not limited to, SPQS' estimate of the sufficiency of its existing capital resources, SPQS ability to raise additional capital to fund future operations, SPQS ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match SPQS capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. SPQS does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events
