SPQS
SportsQuest, Inc.0.0002
-0.0001-33.3%
Dec 16, 4:00:00 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
804.83KP/E (TTM)
-Basic EPS (TTM)
0.00Dividend Yield
0%Recent Filings
10-Q
Q3 FY2023 results
SportsQuest narrowed its Q3 operating loss to $72,388 from $93,723 a year earlier, trimming expenses on consulting services and miscellaneous costs while revenue stayed flat at zero. Cash climbed modestly to $3,449, up from $2,207 at year-end, fueled by $65,000 in financing from convertible notes that boosted total debt to $300,838. No free cash flow is calculable without capex details. The company signed four small convertible loans in 2023, each maturing in three years. Stockholders' equity deepened to a $297,389 deficit amid share reductions. Intense franchising competition threatens brand value and client retention.
8-K
Wireless sale nets $1.8M profit
SportsQuest completed the sale of its Entuit wireless business on August 18, 2021, booking a $1.8 million profit. The deal secures three years of consulting fees and ten years of patent commissions, while CEO Jeff Burns—himself a licensed pilot—shifts focus to launching Freebie Quotes, a concierge app for marine and aviation contractors. No further dilution needed; sports entertainment gets a new CEO. Market eyes $1,133 billion home services boom by 2026.
8-K
Control shifts to turnaround team
SportsQuest underwent a control shift on July 16, 2021, when majority stakeholder Zoran Cvetojevic acquired the controlling interest from interim CEO Jeff Burns, who stays on temporarily. Cvetojevic joined the board with his turnaround expertise, while Roxanne Roxas took operational reins and Miro Zecevic exited interim management. The company settled over $360,000 in Delaware obligations and a $14,000 transfer agent debt, reinstating DTC services; it now eyes sports and entertainment ventures. Turnaround demands fresh capital.
8-K
Deal termination disrupts equity plans
SportsQuest terminated a material agreement with Veridigm on October 17, 2008, after closing conditions failed to materialize. The deal, executed September 29, 2008, would have seen Veridigm acquire nearly 10 million common shares and 100,000 preferred shares, with asset assignments to Domark International. Agreement collapsed. Investors face uncertainty in ongoing equity arrangements.
8-K
Mecanismo seizes SportsQuest control
Mecanismo Corp. executed an agreement on October 20, 2008, to acquire 9,973,397 common shares and 100,000 preferred shares—converting to 50 million common shares, granting control—of SportsQuest, Inc. for a $208,368.49 judgment assignment and a $100,000 promissory note due in one year. Current directors R. Thomas Kidd and Richard Altmann will resign post-filing of Schedule 14F, installing Mecanismo designees. Control shifts swiftly. Closing hinges on standard conditions by October 21.
AASP
Agassi Sports Entertainment Cor
5.00+0.00
BQST
BioQuest Corp.
0.51+0.00
GHST
GHST World Inc.
0.04+0.00
OSW
OneSpaWorld Holdings Limited
21.21+0.07
PLNT
Planet Fitness, Inc.
109.56-0.32
PSPX
PACIFIC SPORTS EXCHANGE INC.
1.00+0.00
PTON
Peloton Interactive, Inc.
6.19-0.06
TRON
Tron Inc.
1.64+0.04
XPOF
Xponential Fitness, Inc.
7.43+0.14
YYAI
AiRWA Inc.
0.91-0.01