SportsQuest Business Summary

SportsQuest, Inc. (SPQS), currently undergoing a corporate rebranding to Sparxx Corporation, operates a diversified business model that integrates wholesale food distribution, real estate management, and franchise consulting. The company generates revenue through the wholesale supply of healthy snack products—such as vegetable chips and mixed nuts—to distributors and ethnic grocery stores in Central Florida, alongside recurring rental income from its multifamily mobile home communities, including Augusta Mobile Manor in Georgia and Cooper Lake in Florida. Additionally, SPQS leverages its proprietary "iefranchise.com" portal to generate fees as a franchise broker and lead generation platform for entrepreneurs. The firm is currently executing a strategic pivot into high-growth sectors, including AI-driven cinema operations via a planned amalgamation with Shenzhen Huayi Excellent Cinemas and electric mobility through e-bike manufacturing. Direct competitors include Dolphin Entertainment, Inc., Eventbrite, Inc., and Reading International, Inc., with SportsQuest positioning itself as a diversified micro-cap incubator targeting niche hospitality and tech-enabled service markets. The leadership team is headed by Irina Veselinovic, who serves as the Interim CEO, COO, and Interim CFO, bringing a background in operational management and corporate restructuring to the firm’s ongoing transition. She is supported by Chairman Zoran Cvetojevic, a seasoned executive who has guided the company’s board for over four years, and a directorate that includes Sanja Pekovic, Michael Harwell, and Alexander Sentic. Originally founded in 1986 as Air Brook Airport Express, the current management has pivoted the company away from legacy transportation services toward "unicorn" opportunities in green energy, digital media, and the beverage industry, including the Clear Voda and Pink Australia brands. The board, which maintains an average tenure of 3.5 years, is currently focused on regaining fully reporting SEC status and optimizing the company’s capital structure through the recovery of billions of previously issued common shares.