Momentum Players

[shakerzzz]

Some qoil info for you: At September 30, 2005 we had cash of $226,198 compared to $3,197 at March 31, 2005. We had a working capital deficiency of $985,778 as at September 30, 2005 compared to a working capital deficiency of $835,650 at March 31, 2005.

On October 4, 2005 we announced the closing of an $8 million private placement Series "B" convertible debenture bearing a 10% per annum interest rate and convertible into Quest Oil Corporation common stock at $0.40 per common share.