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SUGO 0.0002 Photo, New African Subsidiary & Impressive Legal Team.
(left to right)
Erwin Vahlsing, Jr. - CFO
Taleb Abdivall - Minister of Petroleum, Energy and Mines for Mauritania
Robert Hainey - Consultant and Shareholder.
http://www.sungrominerals.com/business.php
According to OTCMarkets:
SUGO Legal is K&L Gates LLP
K&L Gates LLP's clients are:
FTEG 0.001
HBPI 1.28
IVDA 1.01
LIQT 1.4
MRINA 15.76
TXGE 0.155
WTMK 0.003
XSNX 0.0245
http://www.otcmarkets.com/service-provider/K&L-Gates-LLP?id=1808&b=n&filterOn=3&page=1&pageSize=50
09/18/2012 @ 9:28AM
Sungro Minerals, Inc. (OTCQB: SUGO), an Exploration Stage Mining Company, announced today that it has established a wholly-owned subsidiary named "Sungro Minerals Africa." In a departure from its previous domestic development efforts, Sungro Minerals, Inc. has created Sungro Minerals Africa to acquire mineral rights throughout the African continent. To date, the company has identified several promising and significant opportunities, and in May of this year, representatives of the Company travelled, at the invitation of the government, to one of the countries that has significant opportunities. The Company is currently in negotiations to acquire various parcels and will update shareholders as to future developments.
In other matters, the Company is working with its legal team to address the chill placed on deposits of the Company's common stock by the Depository Trust & Clearing Corporation (DTCC). The Company has received a listing of transactions that require substantiation, and believes that once the proper documentation and attestations are provided, that the DTCC will remove the deposit chill.
About Sungro Minerals, Inc.
Sungro Minerals, Inc. is an early stage Mining and Exploration Company seeking to acquire, develop, and manage various mineral properties and resources both in the United States and around the world.
SUGO 0.0002 Photo, New African Subsidiary & Impressive Legal Team.
(left to right)
Erwin Vahlsing, Jr. - CFO
Taleb Abdivall - Minister of Petroleum, Energy and Mines for Mauritania
Robert Hainey - Consultant and Shareholder.
http://www.sungrominerals.com/business.php
According to OTCMarkets:
SUGO Legal is K&L Gates LLP
K&L Gates LLP's clients are:
FTEG 0.001
HBPI 1.28
IVDA 1.01
LIQT 1.4
MRINA 15.76
TXGE 0.155
WTMK 0.003
XSNX 0.0245
http://www.otcmarkets.com/service-provider/K&L-Gates-LLP?id=1808&b=n&filterOn=3&page=1&pageSize=50
09/18/2012 @ 9:28AM
Sungro Minerals, Inc. (OTCQB: SUGO), an Exploration Stage Mining Company, announced today that it has established a wholly-owned subsidiary named "Sungro Minerals Africa." In a departure from its previous domestic development efforts, Sungro Minerals, Inc. has created Sungro Minerals Africa to acquire mineral rights throughout the African continent. To date, the company has identified several promising and significant opportunities, and in May of this year, representatives of the Company travelled, at the invitation of the government, to one of the countries that has significant opportunities. The Company is currently in negotiations to acquire various parcels and will update shareholders as to future developments.
In other matters, the Company is working with its legal team to address the chill placed on deposits of the Company's common stock by the Depository Trust & Clearing Corporation (DTCC). The Company has received a listing of transactions that require substantiation, and believes that once the proper documentation and attestations are provided, that the DTCC will remove the deposit chill.
About Sungro Minerals, Inc.
Sungro Minerals, Inc. is an early stage Mining and Exploration Company seeking to acquire, develop, and manage various mineral properties and resources both in the United States and around the world.
Waiting for news. SUGO !
The rest on ASK should follow. Shift it down !
Waiting for news!
Shift ASK down, come on. SUGO !
Or sellers can sell at BID as well.
Waiting for updates. HIRU !
SUGO - Waiting for acquisition news!
Sellers at ASK should simply sell at BID.
Still loading HIRU slowly.
Slow & steady.
Nice close.
Churning SUGO for upcoming run!
Nicely setup. SUGO!
HIRU - Churning, locking, explosive!
HIRU L2 Ask thin 5.7m 0.0004 2.5m 0.0006
HIRU Ask left 5.7m 0.0004
Nice trading day for HIRU.
I like the thinner trading volume as each day passes by - HIRU getting pent up?
HIRU - Churning up!
Just like those SBRH guys that sold at 0.0003 : )
HIRU - slow and steady.
Yes. HIRU ASK thin ! Left 6m at 0.0004.
Working 9 To 5 Never Made Anyone Wealthy! Nice.
Play HIRU
You are right. Am impatience. Slow and steady, Go HIRU!
HIRU - let's see if the play turns out like SBRH.
Churning SUGO. Waiting for updates on acquisition!
: ) Go HIRU !
Let's see if we can do HIRU like a SBRH type
If only that HIRU 40m support will move up.
Can that HIRU 40m support at 0.0002 move up?
Need all of us here to load just a bit to get us up.
HIRU
Are you the one loading HIRU this morning?
Churn SUGO. Locking.
HIRU 0.0005 UP. The traders at 0.0005 backoff. You are here on the board. Let this run.
SPQS 0.0002 - CEO returned 1.8B shares
SPQS divests Planet Eco Products
Oct 01, 2012
OTC Disclosure & News Service
Orlando, FL -
SPQS divests Planet Eco Products
Orlando, FL Oct. 1, 2012 (OTC MARKETS NEWSWIRE) -- SportsQuest, Inc. (SPQS), a publicly-traded holding company, disclosed today the divestment of Planet Eco Product as of September 29th, 2012.
SportsQuest, Inc (SPQS) identified the non-core Planet Eco Products in June 2012. The entity was non performing and the largest hurdle in current debt on the balance sheet. The company started negotiating with the primary debt holder to divest Planet Eco so SPQS could focus on its primary subsidiary Zabo Foods. Both entities operated under a Memorandum of Understanding restricting the release of public disclosure until execution of the Divestiture Agreement.
The subsidiary divested had a minority ownership in company that had yet to yield profits and whose assets had significantly declined in the last few years.
SPQS was able to remove $1,549,874.00 in current liabilities.
SPQS will now focus on its primary subsidiary Zabo Foods which had shown incredible potential in 2011 but was crippled with the need for financing and significant current debt held by SPQS. Zabo Foods has three main staples of products, Zabo chips, sauces, and distribution of Stevia.
Commenting on the divestment, CEO of SPQS Jeffery Burns said: “We identified our problems in June and have worked as fast as possible to right the ship. I personally surrendered 1,800,000,000 shares to facilitate the transaction and provide the best solution for our shareholders. I am committed to SPQS and believe we are a lot better off than we were four months ago. This divestment is an example of our commitment to focus on realizing value to our shareholders. We are now in a better position to go full speed ahead with Zabo Foods.”
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release contains "forward-looking statements" as defined under the U.S. federal securities laws. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "project," "will," and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to materially differ from the company’s historical experience and its present expectations or projections indicated in any forward-looking statement. These risks include, but are not limited to, changes in economic and political conditions, regulatory and legal changes, technology, industry risk, valuation risk, non-diversification risk, interest rate risk, tax risk, and other risks discussed in the company’s filings. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The company undertakes no obligation to publicly update or revise any forward-looking statements made herein. There is no assurance that the company’s objectives will be attained.
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
SPQS 0.0002 - CEO returned 1.8B shares
SPQS divests Planet Eco Products
Oct 01, 2012
OTC Disclosure & News Service
Orlando, FL -
SPQS divests Planet Eco Products
Orlando, FL Oct. 1, 2012 (OTC MARKETS NEWSWIRE) -- SportsQuest, Inc. (SPQS), a publicly-traded holding company, disclosed today the divestment of Planet Eco Product as of September 29th, 2012.
SportsQuest, Inc (SPQS) identified the non-core Planet Eco Products in June 2012. The entity was non performing and the largest hurdle in current debt on the balance sheet. The company started negotiating with the primary debt holder to divest Planet Eco so SPQS could focus on its primary subsidiary Zabo Foods. Both entities operated under a Memorandum of Understanding restricting the release of public disclosure until execution of the Divestiture Agreement.
The subsidiary divested had a minority ownership in company that had yet to yield profits and whose assets had significantly declined in the last few years.
SPQS was able to remove $1,549,874.00 in current liabilities.
SPQS will now focus on its primary subsidiary Zabo Foods which had shown incredible potential in 2011 but was crippled with the need for financing and significant current debt held by SPQS. Zabo Foods has three main staples of products, Zabo chips, sauces, and distribution of Stevia.
Commenting on the divestment, CEO of SPQS Jeffery Burns said: “We identified our problems in June and have worked as fast as possible to right the ship. I personally surrendered 1,800,000,000 shares to facilitate the transaction and provide the best solution for our shareholders. I am committed to SPQS and believe we are a lot better off than we were four months ago. This divestment is an example of our commitment to focus on realizing value to our shareholders. We are now in a better position to go full speed ahead with Zabo Foods.”
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release contains "forward-looking statements" as defined under the U.S. federal securities laws. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "project," "will," and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to materially differ from the company’s historical experience and its present expectations or projections indicated in any forward-looking statement. These risks include, but are not limited to, changes in economic and political conditions, regulatory and legal changes, technology, industry risk, valuation risk, non-diversification risk, interest rate risk, tax risk, and other risks discussed in the company’s filings. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The company undertakes no obligation to publicly update or revise any forward-looking statements made herein. There is no assurance that the company’s objectives will be attained.
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
SPQS 0.0002 - CEO returned 1.8B shares
SPQS divests Planet Eco Products
Oct 01, 2012
OTC Disclosure & News Service
Orlando, FL -
SPQS divests Planet Eco Products
Orlando, FL Oct. 1, 2012 (OTC MARKETS NEWSWIRE) -- SportsQuest, Inc. (SPQS), a publicly-traded holding company, disclosed today the divestment of Planet Eco Product as of September 29th, 2012.
SportsQuest, Inc (SPQS) identified the non-core Planet Eco Products in June 2012. The entity was non performing and the largest hurdle in current debt on the balance sheet. The company started negotiating with the primary debt holder to divest Planet Eco so SPQS could focus on its primary subsidiary Zabo Foods. Both entities operated under a Memorandum of Understanding restricting the release of public disclosure until execution of the Divestiture Agreement.
The subsidiary divested had a minority ownership in company that had yet to yield profits and whose assets had significantly declined in the last few years.
SPQS was able to remove $1,549,874.00 in current liabilities.
SPQS will now focus on its primary subsidiary Zabo Foods which had shown incredible potential in 2011 but was crippled with the need for financing and significant current debt held by SPQS. Zabo Foods has three main staples of products, Zabo chips, sauces, and distribution of Stevia.
Commenting on the divestment, CEO of SPQS Jeffery Burns said: “We identified our problems in June and have worked as fast as possible to right the ship. I personally surrendered 1,800,000,000 shares to facilitate the transaction and provide the best solution for our shareholders. I am committed to SPQS and believe we are a lot better off than we were four months ago. This divestment is an example of our commitment to focus on realizing value to our shareholders. We are now in a better position to go full speed ahead with Zabo Foods.”
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This press release contains "forward-looking statements" as defined under the U.S. federal securities laws. Generally, the words "believe," "expect," "intend," "estimate," "anticipate," "project," "will," and similar expressions identify forward-looking statements, which generally are not historical in nature. Forward-looking statements are subject to certain risks and uncertainties that could cause actual results to materially differ from the company’s historical experience and its present expectations or projections indicated in any forward-looking statement. These risks include, but are not limited to, changes in economic and political conditions, regulatory and legal changes, technology, industry risk, valuation risk, non-diversification risk, interest rate risk, tax risk, and other risks discussed in the company’s filings. You should not place undue reliance on forward-looking statements, which speak only as of the date they are made. The company undertakes no obligation to publicly update or revise any forward-looking statements made herein. There is no assurance that the company’s objectives will be attained.
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.