SportsQuest Inc (SPQS)

[Capitalvaluetrade]

SPQS $$$$$$$

https://www.otcmarkets.com/financialReportViewer?id=339113
From the proceeds of the aforementioned financing on July 6 2022 we made an
unsolicited cash offer to re purchase approximately 1.2 billion shares from about half a dozen stakeholders. These shares were issued approximately 6 to 10 years ago. Company records show no consideration was paid for these shares. We intend to recover these ill-gotten shares either civilly as aforementioned or through other legal means available to us. In any event these shares will be returned to the treasury and the outstanding share structure will decrease by the same
amount

We project and anticipate all of these in leasehold improvements Renovations and corporate actions to be fully deployed and in operation within the next 90 days. Our projections indicate a gross Top Line of approximately 5 million with a 20% to 30% profit margin or $ 1.5 million dollars per year profit on a realistic basis. We do not foresee the need for additional cash infusion and to that end we plan on reducing our authorized share structure by approximately 1 billion shares. This 1 billion share authorized share reduction is in addition to the 1.2 billion shares which we are currently in negotiations with previous management and their backers or stakeholders to recover these ill-gotten shears