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Hey bro
Hope u r making some money here nd there, I was looking into this
what’s the outlook here?
Late to the game?
thanks for the articles i can understand streaming being good for film production but not for film attendance chinese film attendance probably has a strong social component but that will probably decrease with streaming
They want to acquire 500 cinemas in the next 4 years!
“SPQS Shares of SportsQuest, Inc are surging ahead today, currently up by 42%, after the company announced it has acquired 12 movie theaters, with 3 more in the process of acquisition, all situated in major Chinese cities. They employ a total of 139 staff members across their headquarters and various theater locations. The company's strategy includes expanding its portfolio to 50 cinemas by the end of 2024, increasing to 150 by 2025, and aiming for 500 by 2028. Additionally, through the development of proprietary AI technology, the company anticipates managing 1,000 franchised cinemas between 2025 and 2026, positioning itself as the leading cinema chain brand in China. Its objective is to capture 70% of the market share.”
SPQS
SportsQuest Inc (PK)
0.0016
0.0004 (33.33%)
Volume: 64,658,608
Day Range: 0.0015 - 0.0022
Last Trade Time: 11:33:51 AM EDT
are you watching the north american and european cinema industry? what do you think streaming will do to the chinese market
have some support bids in the teens as it appears some are taking profits
Nice move this morning yeah man!!!
$spqs into the 002s this is going to be epic, thin can easily go back to 3 year highs here pic.twitter.com/epjA1zy4IY
— i_like_bb_stock (@thommic) March 20, 2024
news this should move well this is the best thing to happen here finally https://www.otcmarkets.com/stock/SPQS/news/SportsQuest-Inc-OTC-SPQS-Executive-Summary-AI-China?id=433804
$SPQS has released the most comprehensive China Cinema AI 49 page OTC Markets filing. on the incoming merger. Multiple PRs & OTC & SEC filings will follow this and next week
— SportsQuest (@SpqsOtc) March 20, 2024
SPQS
SportsQuest Inc (PK)
0.0014
0.00 (0.00%)
Volume: 172,134
Day Range: 0.0014 - 0.0014
Last Trade Time: 10:21:35 AM EDT
Delayed by 15 minutes
$SPQS we are awaiting couple administrative gvmt tasks to complete in China & SPV jurisdiction so we can start updating OTC with filings. Hoping this week.
— SportsQuest (@SpqsOtc) March 11, 2024
If/I/Remember/Correctly This is a NEW BUSINESS DESCRIPTION
Sports and entertainment hospitality company. In the USA the Company developed and maintains a franchise portal for both front and back-office end users. The Company is in the process of amalgamation with a Mainland China-based theatre (cinema) operator with a chain of corporately owned and franchised locations. China-based targeted Business: Shenzhen Huayi Excellent Cinemas Co., Ltd. (Huayi) Huayi is a cultural and high-tech enterprise that leads the operation of cinema chains, with advanced AI system technology at the core. We accurately manage the resources and data traffic of chain cinemas through the self-developed mega-model in many mainland China Cities and Cinemas. We shape a uniquely influential cinema chain brand, integrating advanced AI technology and Big Data intelligence, extending from the industry chain cinema business to the intelligent management of cinema data traffic, comprehensively covering the film industry chain, bringing unique innovation and transformative power to the industry.
https://www.otcmarkets.com/stock/SPQS/profile
amalgamation-process of merging
CHEERS
Things done an **INCH** at a time is better than done an **FOOT** at a time and screw the deal up!!!
Looking as though this will be a good year for SPQS.
CHEERS
$SPQS updated business description posted on OTC should reflect next 24 to 48 hrs as we inch towards China merger pic.twitter.com/vfHaYa6XAm
— SportsQuest (@SpqsOtc) March 4, 2024
In my opinion, the only reason the PPS hasn't moved up more than it has is most are Skeptical because of the other Meger attempts made that never materialized.
They have kept us very well informed as to what is going on, not all Meger talks happen, just business.
This one has Hugh potential of materializing, these things don't just happen overnight, the other company is publicly announcing it also.
This is some very impressive credentials!!
The team background and experiences
In 2009, the team entered the film industry and participated in the investment and production of multiple films.
In 2011, a team was dispatched to Jiangsu, Zhejiang, Shanghai, and other places to learn about cinema line operation and management.
In 2012, signed contracts for cinema projects in multiple cities and invested in their launch.
In 2013, three cinemas including Baoji, Ordos, and Handan successively opened.
In 2015, we created the first giant screen for commercial cinemas in China.
From 2016 to 2024, Jiangsu, Yunnan, Sichuan and other provinces successively invested in and launched cinema projects under the company's umbrella.
Not trying to tell anyone to buy in, just stating my thoughts about it!
CHEERS
Way under the radar. Wait for good vol to come in. This will take off bigtime.
Heading back up again 🚀
.002s coming
SportsQuest, Inc. (OTC: SPQS) Backdrop of the Chinese based AI Cinema ChainPress Release | 02/29/2024
WEST PALM BEACH, FL / ACCESSWIRE / February 29, 2024 / The Company SPORTS QUEST (OTC PINK:SPQS) www.sports-quest.co (Company) is providing the following backdrop on the targeted AI driven China based cinema chain https://huayicinemas.net/ (AIC)
AIC with a capitalization of $100 million in China, the amalgamated company is poised to make a significant impact in the entertainment sector. AIC co under the visionary leadership of highly ranked management who brings a wealth of experience and expertise to the table. With over 20 years of experience in movies and cultural development projects, the top team has spearheaded the growth of the cinema franchise business, acquiring 15 theaters with plans for further expansion of 50. The cinema chain boasts a dynamic and professional management team dedicated to driving market development and sales in China.
The team background and experiences:
In 2009, the team entered the film industry and participated in the investment and production of multiple films.
In 2011, a team was dispatched to Jiangsu, Zhejiang, Shanghai, and other places to learn about cinema line operation and management.
In 2012, signed contracts for cinema projects in multiple cities and invested in their launch.
In 2013, three cinemas including Baoji, Ordos, and Handan successively opened.
In 2015, we created the first giant screen for commercial cinemas in China.
From 2016 to 2024, Jiangsu, Yunnan, Sichuan and other provinces successively invested in and launched cinema projects under the company's umbrella.
Notably, the company leverages a robust AI system that provides real-time monitoring of theater income, revenue, and various data points. This AI-driven approach has propelled the company's growth, making it an attractive destination for theaters looking to join a cutting-edge AI+ management cinemas franchise model.
"Once the merger is finalized, SportsQuest, Inc. will become the parent company of the AIC entity," said spokesman at SportsQuest, Inc. "This strategic partnership with Shenzhen Huayi Excellent Cinemas Co., Ltd. represents a significant step forward in our shared vision to deliver innovative entertainment experiences to our audiences."
More news updates will follow shortly.
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 caution 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.
SPQS Management
Contact info:
Twitter @SpqsOtc
Phone: +1 561 631 9221
Email: ir@sports-quest.co
Web: https://sports-quest.co
SOURCE: SportsQuest, Inc.
View the original press release on accesswire.com
https://www.otcmarkets.com/stock/SPQS/news/SportsQuest-Inc-OTC-SPQS-Backdrop-of-the-Chinese-based-AI-Cinema-Chain?id=431911
If there is any merit to this merger why is price so low?
lets go!
$SIDU mega gap over 5 (company had news today. Float 1.37M pic.twitter.com/AA6TAEC6fW
— Antonio Costa (@ACInvestorBlog) February 27, 2024
$SPQS further filings on the China cinema upcoming shortly. https://t.co/0gQwZicrFt is a joint SPQS -Huay Cinemas effort where followers can learn more.
— SportsQuest (@SpqsOtc) February 26, 2024
2 new tweets up dated website https://sports-quest.co/
$SPQS news out re China cinema merger. Detailed filing and additional news en route.
CHEERS
i just read /\
OTC DISCLOSURE & NEWS SERVICE
From
To
SportsQuest, Inc. (OTC: SPQS) Targeting Merger and Strategic Partnership with Leading Chinese AI Cinema Chain Press Release | 02/27/2024
SPORTSQUEST, INC (SPQS) Q2 TARGET & CORPORATE UPDATEPress Release | 03/17/2023
Moving in the right direction maybe the next igpk?
SportsQuest, Inc. (OTC: SPQS) Targeting Merger and Strategic Partnership with Leading Chinese AI Cinema Chain Press Release | 02/27/2024
WEST PALM BEACH, FL / ACCESSWIRE / February 27, 2024 / The Company SPORTS QUEST (OTC PINK:SPQS) www.sports-quest.co (Company) is using this opportunity to bring attention to the Feb 23 2024 OTC filing regarding targeted China based merger candidate, a leading Chinese AI Theatre Company a pioneering force in the cinema industry. (China Cinema)
02/23/2024 Supplemental Information - SPORTS QUEST, INC. (OTC: SPQS) China Based Tech Entertainment Merger Candidate
In concert with this event the Company and the China Cinema firm have launched a new investor relations web site https://huayicinemas.net/ for the benefit of the Company shareholders and followers.
The recent due diligence process led by SportsQuest's management went well and both companies are looking to move further into merger process.. The next steps involve complying with certain merger laws of Mainland China with USA entities as the parent company such as a formation of a Special Purpose Vehicle (SPV). The SPV is well under way for the China Cinema Co and SPQS. This strategic move underscores the commitment of all parties involved to ensure a successful merger process, including SPQS management assistance to date and moving forward. Post merger immediate plans include the appointment of all new officers and Directors, Chairman Mr Zhang .(See BIO at huayicinemas.net) corporate name change to better reflect the Company's activities and resuming the current managements aspirations of SEC compliance to return to being a reporting Company.
A comprehensive Supplementary filing will be filed with OTC Markets shortly (estimated 5 to 10 days) describing the China Cinema developed technologies expansion plans both corporately owned and franchised locations and other material events.
More updates will follow shortly.
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 caution 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
SPQS Management
Contact info:
Twitter @SpqsOtc
Phone: +1 561 631 9221
Email: ir@sports-quest.co
Web: https://sports-quest.co
SOURCE: SportsQuest, Inc.
View the original press release on accesswire.com
SPORTS QUEST, INC. (OTC: SPQS) – China Based Tech Entertainment Merger Candidate
WEST PALM BEACH, FLORIDA, – February 23, 2023 (OTC MARKETS)
1. The company name is Shenzhen Huayi Excellent Cinemas Co.,Ltd.
2. $100,000,000 Capitalization in China
3. Huayi business owner is Mr. Zhang, approx. 50 years old having over 20 years many
years’ experience in movies and culture development projects.
4. China Company has a very strong AI system to real time monitor all of theaters income
revenue and many different cinema type of data
https://www.otcmarkets.com/otcapi/company/financial-report/392915/content
Unrestricted OS 1,783,990,582 02/26/2024
https://www.otcmarkets.com/stock/SPQS/security
Yea. I found this on Fri. night and decided to order at 12 and then I was at work not watching what was happening.
5 BILLION A/S!!??
SPQS SECURITY DETAILS
Share Structure
Market Cap Market Cap
3,666,545
02/23/2024
Authorized Shares
5,000,000,000
02/26/2024
Outstanding Shares
2,444,363,151
02/26/2024
Restricted
660,372,569
02/26/2024
Unrestricted
1,783,990,582
02/26/2024
Unrestricted OS 1,783,990,582 02/26/2024
https://www.otcmarkets.com/stock/SPQS/security
SPORTS QUEST, INC. (OTC: SPQS) – China Based Tech Entertainment Merger Candidate
WEST PALM BEACH, FLORIDA, – February 23, 2023 (OTC MARKETS)
1. The company name is Shenzhen Huayi Excellent Cinemas Co.,Ltd.
2. $100,000,000 Capitalization in China
3. Huayi business owner is Mr. Zhang, approx. 50 years old having over 20 years many
years’ experience in movies and culture development projects.
4. China Company has a very strong AI system to real time monitor all of theaters income
revenue and many different cinema type of data
https://www.otcmarkets.com/otcapi/company/financial-report/392915/content
Unrestricted OS 1,783,990,582 02/26/2024
https://www.otcmarkets.com/stock/SPQS/security
Chart shows classic breakout and retest of 12's, the breakout point, also gap filled at 12's today! All clear for further advance now imo!
I thought about 12''s when gap fills but knew it wouldn't be me getting the 12's and watch as the chart fulfilled it's desire to fill the breakout gap, plus 13's was just an extra $100....Classic breakout and retest today was buying Op imo
I had an order for 12's but nothing happened. Always tomorrow though.
Just tweeted this check it out!!!
https://huayicinemas.net/
CHEERS
Bought a mill 13's here today!
$SPQS In 2014, the company was the 7th largest film distributor in China with 2.26% of the market. https://t.co/P25OA7nP9W
— The Mercenary Monkey🎯💣🌐™️ (@monkeywar22) February 26, 2024
Seems to be a movie conglomerate company moving in..
Same company by chance??? pic.twitter.com/7e2VaNQvcg
— Bearded Trader (@Luvtheoutdoors8) February 26, 2024
$SPQS On Friday the company, Sports Quest Inc released filings which described their recent merger with targeted business “Shenzhen Huayi Excellent Cinemas Co. Ltd” as a significant event that required disclosure.
Huayi is a cultural and high-tech enterprise that leads the operation of cinema chains, with advanced AI system technology at the core.
If the merger is successful, $SPQS would become the parent operating company of the merging company. It states in the filing that the Chinese company is seeking advancement to the USA market through this partnership and by effecting a special purpose vehicle (SPV) which to me sounds similar to a spac that is used for IPO.
The merging company boasts a $100M capitalization in China and a well seasoned management.
To clarify, this is a speculative venture that is not yet finalized. The intention of the merger was presented in the filings. Remember this is not trade advice…. just sharing:) https://www.otcmarkets.com/otcapi/company/financial-report/392915/content
I thought we would had much more volume with this awesome news this morning, oh well the markets will take notice eventually of this supposedly 100M$ merging company…
Verified Profile
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Independent Director
An Independent Director means a person other than an executive officer or employee of a company or any other person having a relationship which, in the opinion of the company's board of directors, would interfere with the exercise of independent judgment in carrying out their responsibilities as a director.
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