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Posted On: 12/05/2012 11:40:08 AM
Post# of 99190
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Posted By: wayno2
Re: FLA #17488

QOIL beat me to it LOL  QOIL .0002s starting with mil hits this gonna be multi-day runner   Quest Oil Inc. Announces up to 4 Billion Shares Buyback in Open Market and $2.4 Million in Revenue Projections for 2013
NEW YORK, NY, Dec 05, 2012 (MARKETWIRE via COMTEX) -- Quest Oil Corp. (PINKSHEETS: QOIL), an independent oil production and technology company, is pleased to share with the public the estimated 2013 revenue projections for the company's business activities.

Based on the current company's presence on the Venezuela Oil production market, namely the current pending contracts and contract negotiations, the management estimates the projected revenues to reach between $1.5 to $2.4 million in 2013. In addition the company will also start a share buyback in the open market immediately.


Company VP of Operations Ken To stated, "We are very pleased to present our preliminary estimated numbers. We will continue working hard to increase shareholders value. Concurrently, we will set aside a portion of our earnings for a share buyback program of up to 4 billion shares. We believe in this company going forward, and want to give our shareholders an early Christmas present."



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