Company Initiates Discussions with 12 Year Old Profitable Acquisition Candidate

Company Initiates Discussions with 12 Year Old Profitable Acquisition Candidate

Orlando, FL MAR. 22, 2013 (OTC MARKETS NEWSWIRE) -- SportsQuest, Inc. (SPQS), a publicly-traded holding company, announced today it is pleased to announce that the Company has initiated discussions with a Florida based entertainment company.  SportsQuest and the merger candidate are discussing terms for SPQS to acquire the company and expand its corporate diversity.

The acquisition candidate is a profitable well-established 12 year Florida Entertainment company.  The company is multifaceted.  Its film division is IMBD credited with multiple projects from concept to completion.  Its communication group provides audio and video transmission broadcasting services to companies, studios, and media outlets through satellite links. The company offers digital and analog transportable C-band and KU-band uplinks, dual path cameras, and transponders. It serves government and education entities.

No agreements have been signed and consummation of any such transaction is dependent upon numerous important contingencies

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