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Stock impact report

SportsQuest, Inc. (OTC: SPQS) Targeting Merger and Strategic Partnership with Leading Chinese AI Cinema Chain [Yahoo! Finance]

SPORTSQUEST INC (SPQS) 
Company Research Source: Yahoo! Finance
to bring attention to the Feb 23 2024 OTC filing regarding targeted China based merger candidate, a leading Chinese AI Theatre Company a pioneering force in the cinema industry. (China Cinema) Supplemental Information - SPORTS QUEST, INC. (OTC: SPQS) China Based Tech Entertainment Merger Candidate In concert with this event the Company and the China Cinema firm have launched a new investor relations web site https://huayicinemas.net/ for the benefit of the Company shareholders and followers. The recent due diligence process led by SportsQuest's management went well and both companies are looking to move further into merger process.. The next steps involve complying with certain merger laws of Mainland China with USA entities as the parent company such as a formation of a Special Purpose Vehicle (SPV). The SPV is well under way for the China Cinema Co and SPQS. This strategic move underscores the commitment of all parties involved to ensure a successful merger process, including Show less Read more
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