InvestorsHub Logo
Followers 177
Posts 24463
Boards Moderated 11
Alias Born 04/03/2002

Re: None

Thursday, 12/01/2005 9:03:07 AM

Thursday, December 01, 2005 9:03:07 AM

Post# of 70
H-Quotient Updates Significant Events

VIENNA, VA--(MARKET WIRE)--Nov 30, 2005 -- H-Quotient, Inc. (Other OTC:HQNT.PK - News) -- On October 25, the Company announced completion of negotiations to sell its medical manufacturing subsidiary, Stewart & Shaw Inc., to Standard Holdings Group Ltd. (Other OTC:SNDH.PK - News). That transaction is now being finalized and from the consideration received, the Company expects to distribute one share of SNDH for every two shares of HQNT stock. The finalization of this dividend will be announced along with the record date. The shares will be restricted for two years or until a registration is filed. This transaction is expected to take place during December 2005.

HQNT management changes are being contemplated as the Company seeks to expand its core medical software business and complete its prior years' audited financial statements.

This announcement may contain, in addition to historical information, certain forward-looking statements that involve risks and uncertainties. There is no assurance that this transaction will be completed. Such statements reflect management's current views and are based on certain assumptions. Actual results could differ materially from the assumptions currently anticipated.

For more information visit the H-Quotient web site at http://www.hquotient.com.

Contact:
H-Quotient, Inc.
(703) 821-3434

------------------------------------------------
Source: H-Quotient, Inc.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.