Metrospaces Inc (MSPC)

[Spike1976]

Email I received today from IQST


Mr. Bartley and Others,

The company has been working on its financial statements, audits, and restructuring of other matters of the company. As I'm sure you are aware of our biggest investment, IQST has been doing quite well. MSPC owns over 6 million common shares, however, we have determined that to best be able to translate that value creation to our shareholders, we need to become full-reporting (audited and listed again with the SEC) again as well as restructure other aspects of our business, most importantly the capital structure.
We are hesitant to give time frames due to the fact that we are dependant on our accountants, auditors, legal and a small group of investors that have been funding the restructuring. What I can assure you is that management and the interested parties have been putting in the best effort and we are all pleased with the rate this process has taken so far.

Best regards,
IR Department