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furrysound

12/01/05 12:26 PM

#67950 RE: furrysound #67944

FGAM little shake, bids back
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shakerzzz

12/01/05 12:50 PM

#67963 RE: furrysound #67944

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.