30-Year-Old American OTC Sports Entertainment List
30-Year-Old American OTC Sports Entertainment Listed Company (OTC: XXXX)
The Over-the-Counter (OTC) Market is a decentralized market where the trading of financial instruments takes place directly between two parties, or through a network of broker-dealers, without the supervision of a formal, centralized exchange like the New York Stock Exchange (NYSE) or Nasdaq.
For sale a XXXXXXXXX, Inc. (OTC: XXXX) is a Delaware-incorporated company, initially incorporated 30 years ago with a corporate purpose related to Sports Entertainment (It can be changed!).
Corporate Status & Reporting
The company is a QB Qualified company quoted on OTC – Other and is an SEC Reporting Issuer. It files reports with the SEC, is current in state and federal filings , and reports as an SEC Reporting Audited company. SportsQuest is DTC Eligible and is an Active Qualified Co under 15c211. The fiscal year-end is December 31.
Capitalization Overview
Category Details
Common Shares Authorized $5,000,000,000$
Common Shares Outstanding TBD
Common Shares Float TBD
Par Value of Stock $\$0.001$
Shareholders of Common Shares TBD
Preferred Share Classes 2 Classes (A & B)
Preferred Shares Details
Class A Preferred Shares
Authorized: $1,200,000$
Outstanding: $1,200,000$
Conversion: Converts at a ratio of 500 shares of Common Stock for each 1 share of Series A Preferred Stock
Voting Rights: The total aggregate issued shares of Series A Preferred Stock have voting rights equal to three (3) times the sum of the total number of issued and outstanding Common Stock plus the total number of votes granted to any other outstanding preferred stock series
Class B Preferred Shares:
Authorized: $1,000,000$
Conversion: Converts at a ratio of 100 shares of Common Stock for each 1 share of Series B Preferred Stock
Voting Rights: Each share has one hundred (100) votes for any election or other vote placed before the shareholders. They are described as having super voting and anti-diluting features.
Business Model & Operations
Firm´s current business model centers on being a Sports and hospitality company.
Keypoints
Role Firm/Name
Transfer Agent TBD
Securities Counsel TBD
Auditor Jefferies International
Corporate Consultant/M&A Firm TBD
Lead Investor/Underwriter TBD
General & Litigation Counsel TBD
Financials (USD)
Asking Price Not Disclosed
Cash Flow Not Disclosed
Sales Not Disclosed
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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