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Saturday, November 28, 2020 4:00:46 PM
https://www.prlog.org/12795242-qest-corp-aka-interactive-leisure-systems-inc-letter-of-intent.html
This LOI never came to fruition. In fact there was not a single filing to bring IA*LS current that I can see at the time and no formal 8K's filed. Have no idea why this did not go through or why it failed to come to fruition.
Qest has abandoned IA*LS and in fact, IA*LS is under new custodianship/ownership now and is getting ready to do their own RM soon it looks like.
Now I'm NOT saying that Qest is bring the travel business that was initially slated for IA*LS to $PUGE but what I am saying is look at the size of the LOI.....$1.3B.
Now take into consideration debts have eliminated here, the new site, new CEO, etc. and you can see the picture clearing up.
Imagine if Qest even brings an RM anywhere close to $1.3B here to $PUGE?? WOAH $$$$$
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