OTC: SPQS

SportsQuest, Inc.

CIK 0000803097 · SIC 7900 · Amusement & Recreation

Micro Assets $15K as of Aug 16, 2026

SportsQuest, Inc. (“the Company” or “SPQS”), was formed under the laws of the State of Delaware on April 3, 1986 under the name Bay Head Ventures, Inc. On July 29, 1988 the Company acquired 100% of the issued and outstanding shares of A.B. Park & Fly, Inc. On December 8, 1988, the Company changed… About this business →

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10-Q Filed Aug 14, 2026 · Period ending Jun 30, 2026 Red flag

SportsQuest reports net loss on zero revenue; going concern raised amid cash

4 material changes detected. Sign up free to read the summary.

10-Q Filed May 15, 2026 · Period ending Mar 31, 2026

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10-K Filed Mar 30, 2026 · Period ending Dec 31, 2025

Summary not yet generated.

8-K Filed Aug 19, 2021 · Period ending Aug 18, 2021

Summary not yet generated.

8-K Filed Jul 23, 2021 · Period ending Jun 16, 2021

Summary not yet generated.

8-K Filed Oct 22, 2008 · Period ending Oct 20, 2008

Summary not yet generated.

10-K Filed Sep 15, 2008 · Period ending May 31, 2008

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Latest financial statements

From 10-Q filed Aug 14, 2026 (period ending Jun 30, 2026). SEC XBRL (companyfacts) — not generated by the model.

SEC XBRL

Consolidated Statements of Operations (Unaudited)

Description Q2 ended Jun 30, 2026 Q1 ended Mar 31, 2026
Revenue:
Total revenue / net sales
Operating expenses:
Total operating expenses 34,554 27,704
Operating income (34,554) (27,704)
Other income/(expense), net
Net income (34,554) (27,704)
Basic earnings per share (0.00) (0.00)
Diluted earnings per share (0.00) (0.00)

Consolidated Balance Sheets (Unaudited)

Description Jun 30, 2026 Mar 31, 2026
Current assets:
Other current assets 15,135 3,001
Total current assets 15,135 3,001
Property, plant and equipment, net
TOTAL ASSETS 15,135 3,001
Current liabilities:
Other current liabilities 537,398 490,710
Total current liabilities 537,398 490,710
Deferred income taxes and other liabilities
Total liabilities 537,398 490,710
Shareholders' equity:
Common stock 402,416 402,416
Capital in excess of stated value 2,613,288 2,613,288
Retained earnings (deficit) (3,540,167) (3,505,613)
Total shareholders' equity (522,263) (487,709)
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY 15,135 3,001

Consolidated Statements of Cash Flows (Unaudited)

Description Six months ended Jun 30, 2026 Q1 ended Mar 31, 2026
Operating Activities:
Net cash from operating activities (56,122) (24,758)
Investing Activities:
Net cash from investing activities
Financing Activities:
Net cash from financing activities 70,998 27,500

Amounts in USD as reported; EPS as reported. Line labels are presentation-friendly mappings of filer XBRL tags — not a re-audit of the full statements. Use EDGAR for interactive notes and detail. Interactive statements & notes on EDGAR ↗

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About SportsQuest, Inc.

Source: Item 1 (Business) from the 10-K filed March 30, 2026. Description as filed by the company with the SEC.

Item 1. Business

Corporate History

SportsQuest, Inc. (“the Company” or
“SPQS”), was formed under the laws of the State of Delaware on April 3, 1986 under the name Bay Head Ventures, Inc. On July
29, 1988 the Company acquired 100% of the issued and outstanding shares of A.B. Park & Fly, Inc. On December 8, 1988, the Company
changed its name to Air Brook Airport Express, Inc. On August 16, 2007, Lextra Management Group,
Inc. acquired 51.16% of our issued and outstanding common stock and an outstanding account receivable due to Air Brook Limousine by us
in the amount of $340,000. At the closing, Air Brook Limousine terminated the August 10, 1993 agreement referenced above. On August 16,
2007, we issued 6,800,000 shares of our common stock to Lextra in exchange for the forgiveness of the $340,000 receivable. On August 21,
2007, we acquired all of the assets of Lextra pursuant to an Asset Purchase Agreement dated August 21, 2007, in exchange for the issuance
of 2,000,000 shares of common stock to Lextra and the forgiveness of our $500,000 loan to Lextra. The assets of Lextra were transferred
to our wholly-owned subsidiary, SportsQuest Management Group, Inc. At that time the company changed its name to SportsQuest, Inc.

The Company developed, owned and managed high
end sports events and their operating entities, as well as executing a growth strategy involving acquisition of diverse and effective
sports marketing platforms. The Company also managed the US Pro Golf Tour.

In 2021, the Company changed its focus to the
acquisition of innovative products and services and is currently focused on providing consulting services to potential franchise buyers
and advertising franchise opportunities through our website.

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On January 9, 2025, the Company redomiciled from
Delaware to Wyoming.

Our Current Business

SportsQuest operates a web portal (www.iefranchise.com)
that provides information on more than 350 franchise opportunities through our agreement with Business Alliance Inc. (BAI), as described
below. Additionally, franchisors advertise with us to have their franchise opportunity listed on our site. Most groups working with BAI
concentrate on 1 – 3 industry sectors. However, we can monetize on many sectors by offering paid lead generation per transaction
to the franchisor or on a subscription basis.