SportsQuest, Inc. To Reduce Authorized Share Structure

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.