Despite the absence of any news about the company at all, the Sports Quest Inc (OTCMKTS:SPQS) stock has managed to emerge as one of the biggest gainers in the market over the course of the past week.
The remarkable move in the stock continued yesterday as investors piled on to the stock and sent it soaring by as much as 105%. That took its gains for the past week to a staggering 340%. While it is true that such a move without any news may appear speculative it might still be a good idea to take a look at some developments from the past to have a better idea about Sports Quest.
The last important news with regards to the company emerged back in July when Sports Quest announced that it had reached a resolution with regards to its tax assessment issue with the State of Delaware.
More importantly, the resolutions of the whole thing also made Sports Quest current with the state. However, that was not all. The company also announced at the time that it had sent in an application to OTC Markets for submitting filings related to its activities on a periodic basis. The submission had been made before the end of the deadline on June 30, 2021.
