SportsQuest, Inc. To Reduce Authorized Share Structure
August 09 2011 - 8:06PM
Business Wire
SportsQuest, Inc., (Pink Sheets: SPQS) announced today that it
has received shareholder consent and board of director approval to
amend its Articles of Incorporation to decrease its number of
authorized shares by 1 billion.
Article IV of the Company’s Articles of Incorporation will be
amended to decrease the number of authorized shares from 5,000,000
to 4,000,000 shares.
“We are committed to driving the company forward and delivering
shareholder value. We believe it is in the best interest of our
shareholders to decrease the number of authorized shares at this
time,” 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.
SportsQuest (PK) (USOTC:SPQS)
Historical Stock Chart
From Nov 2024 to Dec 2024
SportsQuest (PK) (USOTC:SPQS)
Historical Stock Chart
From Dec 2023 to Dec 2024