Qest Corp (aka InterActive Leisure Systems, Inc.) Letter of Intent
Announcing the Company's return to the travel sector with "Letter of Intent"
By: Qest Corp
HOUSTON - Oct. 23, 2019 - PRLog -- Qest Corp (aka InterActive Leisure Systems, Inc. OTCMKTS:IALS) with custodianship granted on April 2nd, 2019, would like to announce the Company's return to the travel sector by offering "Letter of Intent" to privately-owned company well established in the consumer and corporate travel industry.
With locations world-wide, the target company was established over 45 years ago and has an estimated annual revenue of $1.3b. It is considered one of the leading privately-owned travel and leisure companies throughout the United States and has over 2,000 employees.
Upon completion of negotiations, agreement is expected by 1st quarter, 2020. With respect to both parties, details of the "Letter of Intent" have been withheld at this time. Initial site visits and tel-conferences are scheduled.
The statements contained herein which are not historical are forward-looking statements that are subject to risk and uncertainties that could cause actual results to differ materially from those expressed, including but not limited to, certain delays or cancellations beyond the Company's control with respect to acceptance of said letters, agreements and other risks detailed from time to time in the Company's press releases.