SportsQuest, Inc. (OTC:SPQS) Strategic Expansion China Cinema Chain [Yahoo! Finance]
SPORTSQUEST INC (SPQS)
Company Research
Source: Yahoo! Finance
WEST PALM BEACH, FL / ACCESSWIRE / March 21, 2024 / The Company SPORTS QUEST (SPQS) www.sports-quest.co (Company) is providing the following update on the targeted China based AI cinema chain https://huayicinemas.net/ (AIC). The transaction is being formalized on all cash & preferred shares bases only with no additional SPQS common shares being issued in the transaction. A detailed OTC Markets Adequate Disclosure and or SEC 8k will follow for the Company followers. In the rapidly evolving world of technology, SportsQuest is more than thrilled to formally announce its anticipation for a Belize Special Purpose Vehicle's (SPV) formation. This SPV formation is required to comply with operating Mainland China based corporate entities. The SPV serves multiple purposes A special purpose vehicle (SPV) is a legal entity created to fulfill a specific, (merger) and non-dilution objective. An SPV is typically used to isolate an individual or corporate investor from risk. It can be owned by one
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- SportsQuest, Inc. (OTC:SPQS) Strategic Expansion China Cinema Chain Accesswire
- CORRECTION FROM SOURCE: SportsQuest, Inc. (OTC: SPQS) Executive Summary AI China Accesswire
- SportsQuest, Inc. (OTC: SPQS) Executive Summary AI China [Yahoo! Finance]Yahoo! Finance