SportsQuest, Inc (SPQS) Approves 3.5 Billion Buyback Plan

                                      SportsQuest, Inc (SPQS) Approves 3.5 Billion Buyback Plan

ORLANDO, Florida-  December 4, 2012- SportsQuest, Inc (SPQS) announces today that its Board of Directors has approved a share repurchase program for up to a total of three billion five hundred million shares (3,500,000,000) of the Company's common stock.  The Board will review the program after a period of 12 months.  Share repurchases, paid in cash, may be made from time to time in open market transactions at prevailing market prices or in privately negotiated transactions.   Both the timing and the amount of purchases made under the program will be determined by management, based upon market conditions and other factors.
 The program does not require the Company to purchase any set number or amount of shares, and may be suspended or reinstated at any time, without notice, at the Company’s discretion.   SPQS will follow the guidelines of Rule 10b-18 when repurchasing shares.
Jeffrey Burns, CEO and President of SPQS, states: "This announcement reflects our confidence in the long-term growth of the company and our commitment to returning value to our shareholders.”

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