Published: August 05, 2011
SportsQuest, Inc. Announces LOI to Acquire Subsidiary
THOMASVILLE, Ga. - (BUSINESS WIRE) - 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.

Sportsquest, Inc.
Jeffrey Burns
tel: 229-469-1068
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