Quest Management Inc. (OTCMKTS:QSMG) Files An 8-K Unregistered Sales of Equity Securities

Quest Management Inc. (OTCMKTS:QSMG) Files An 8-K Unregistered Sales of Equity Securities

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Since the filing of its quarterly report on Form 10-Q for the
period ended July 31, 2016, Quest Management Inc., a Nevada
corporation (the Company), has issued a total of 15,000,000
shares of its common stock.

On May 31, 2016, the Company issued a Convertible Promissory Note
in the principal amount of $16,605.00 to Peak Marine Holdings
LLC, a Florida limited liability company (Peak). This Convertible
Promissory Note (the Note) was issued in consideration of
advances and loans made by Peak to the Company.

to the terms of the Note, the holder has the right to convert any
portion of the principal amount thereof at the par value of the
Companys common stock. The holder also has the right to assign
any portion of the Note, or assign the shares to be issued upon
any conversion of the Notes, to other parties.

During the month of December 2016, Peak sold all its interest in
the Note to five (5) independent third parties (the Holders).

During the month of January 2017, the Holders provided notices of
election to convert a total of $15,000.00 of the Note into
shares, which totaled 15,000,000 shares. The Holders of the Note
and the recipient of such shares are the following individuals
and entities:

Name of Party to whom shares were issued

# of





1 Oak Media Inc

3,000,000 $ 0.001

Baris Yilmaz

3,000,000 $ 0.001

Clear View Trading Corp

3,000,000 $ 0.001

Erkan Ulger

3,000,000 $ 0.001

Schoolboy Industries Intl Ltd

3,000,000 $ 0.001

Each of the foregoing issuances of securities was exempt from
registration due to the exemption found in Regulation S
promulgated by the Securities and Exchange Commission under the
Securities Act of 1933. These sales were offshore transactions
since all of the offerees were not in the United States and the
purchasers were outside the United States at the time of the
purchase. Moreover, there were no directed selling efforts of any
kind made in the United States neither by us nor by any affiliate
or any person acting on our behalf in connection with any of
these offerings. All offering materials and documents used in
connection with the offers and sales of the securities included
statements to the effect that the securities have not been
registered under the Securities Act of 1933 and may not be
offered or sold in the United States or to U.S. persons unless
the securities are registered under the Act or an exemption
therefrom is available and that hedging transactions involving
those securities may not be conducted unless in compliance with
the Act. Each purchaser under Regulation S certified that it is
not a U.S. person and is not acquiring the securities for the
account or benefit of any U.S. person and agreed to resell such
securities only in accordance with the provisions of Regulation
S, to registration under the Act or to an available exemption
from registration. The shares sold are restricted securities and
the certificates representing these shares have been affixed with
a standard restrictive legend, which states that the securities
cannot be sold without registration under the Securities Act of
1933 or an exemption therefrom and we are required to refuse to
register any transfer that does not comply with such

About Quest Management Inc. (OTCMKTS:QSMG)

Quest Management Inc. is a development-stage company. The Company focuses on developing marketing channels to distribute third-party fitness equipment to wholesale markets in the United States. Its product line includes a series of fitness equipment products, including Fitness Equipment, Sports Equipment, Gym Equipment, Exercise Equipment and Bodybuilding Equipment. The Company’s initial focus is on the fitness equipment market for gyms.

Quest Management Inc. (OTCMKTS:QSMG) Recent Trading Information

Quest Management Inc. (OTCMKTS:QSMG) closed its last trading session 00.00 at 1.01 with 0 shares trading hands.

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