Bookmark and Share
Email Print

Market Movers

SportsQuest, Inc. Announces LOI to Acquire Subsidiary


THOMASVILLE, Ga., Aug 05, 2011 (LevelStock.com News) -- Sportsquest, Inc, (Pink Sheets: SPQS) announced today that it has signed an LOI to acquire Maize Pluss, an Eastern Regional facility of processed corn and grain products.

Maize Pluss is capable of providing customized grain products, packaging and processing. They are focused on providing the best quality product with fast and reliable service to the consumer and to the overall food industry. White processed corn is a product in high demand. With the Company's innovative processing and triple cleaned corn technology, they are positioned to meet the demands of large suppliers, small restaurants and consumers.

"Our investment in Fielding continues to be a great opportunity for SPQS and we believe that by adding Maize Pluss into our family, we will be able to leverage our core expertise and strengthen shareholder value. In addition to our merger and acquisitions campaign, we are in the process of analyzing our existing capital structure and it is our plan to seek a reduction in the amount of authorized shares in the near future," stated Jeffrey Burns, CEO of SportsQuest, Inc.

Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.

Safe Harbor: This release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions.

About LevelStock.com

We are an investor community and investors relations website specializing in emerging growth stocks in today's Hot Sectors and providing a platform of services for SmallCap, MicroCap, NanoCap Companies.

We encourage everyone to join our social media sites:

Free Subscription For Our Newsletters: http://www.levelstock.com/

FaceBook: http://www.facebook.com/profile.php?id=100000617594244

Twitter: http://twitter.com/levelstock

LevelStock.com is not a registered investment advisor or broker-dealer. The information here is believed to be reliable, but not guaranteed to be accurate by LevelStock.com Please be advised that the information contained may or may not be complete and is solely for informational purposes only. Please read our full disclaimer for complete risks and disclosures http://www.levelstock.com/news.php?viewStory=19

Share: