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Saturday, December 19, 2020 1:58:22 PM
Quest recommends three separate businesses for PUGE through it's subsidiaries once they become a clean shell.
1) First, a Special Purpose Acquisition Company (SPAC)
2) Second, a business development company pursuant to Sections 55 et. seq of the Investment Company Act of 1940, as amended: and
3) Third, more generically, a series of development stage companies that Puget, can help evolve into public companies, where for a year or two they would be Puget controlled subsidiaries (51% owned) acquired in exchange for Puget stock
That is the business model we see as best suited to Puget in the intermediate term and believe it's attainment can be greatly assisted by Qest
(The above are the notes I took from the links below and are not copied verbatim)
8K 11/06/20
Letter from Qest Consulting Group on how PUGE should proceed forward (Scroll down to short term and intermediate recommendations)
https://www.sec.gov/Archives/edgar/data/1540615/000157570520000230/ex99_3.htm
8K - 11/06/20
https://www.sec.gov/Archives/edgar/data/1540615/000157570520000230/puget_8k.htm
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