QUEST IS THE SOLUTION Quest Solution, Inc. O
Post# of 2559
Quest Solution, Inc.
OTCQB: QUES
BREAKING NEWS:
Quest Solution Enters LOI to Merge with Canadian Company, ViascanQData
Merger Provides Quest Solution Full North America Coverage, Increased Market Share and Significantly Expanded Label Business
HIGHLIGHTS OF MERGER:
QUES to acquire another profitable company!
*** PRO FORMA Revenue = $85 MILLION.
Viascan shareholders will receive approximately 5.2 mm restricted shares of QUES stock as consideration for the transaction.
*** QUES shares valued at $2.00 per share!
This represents a SECOND massive deal that QUES has completed in the last 6 months.
*** Shares are valued at SIX TIMES (6x) CURRENT MARKET VALUE.
Quote:
ViascanQData currently serves in excess of 4,000 enterprise customers, mainly in Canada. Unaudited financials indicate annual revenues of about CDN$28 million (approximately $24 million USD), and ViascanQData is currently on track to deliver unaudited double digit EBITDA for 2015.
About ViascanQData Inc.
ViascanQDdata is a Canadian leader in data collection system and identification solutions, covering the country with a coast to coast offering. Founded in 1995, the company specializes in supply chain business process technologies and automated data collection systems. ViascanQData manufactures a full range of labels and ribbons. They also distribute printers, barcode readers, traceability RFID tags and readers, mobile computers, and wireless networks. Headquartered in Montreal, Quebec has regional sales and service offices in Ajax, Montreal, Markham, Winnipeg and Vancouver.
Visit ViascanQData Website
Last two deals used $2.00 PER SHARE as the share price for consideration!
Quote:
The Company valuation was determined based on a CDN$13,000,000 valuation at the USD$2 price used in the combination with the company's acquisition of BCS Solutions in November 2014.
Shares are valued at $2.00 PER SHARE
This represents a potential for 600% price appreciation!
QUES Full-Year 2014 Highlights:
** Pro forma 2014 revenue of $59.0 million, combining the operations of Quest Solution and BCS, acquired November 2014.
** Pro forma 2014 Adjusted EBITDA of $2.2 million.
** Completed acquisition of Quest Marketing, Inc. in January 2014, for approximately $18.3 million in total consideration
** Completed acquisition of Bar Code Specialties, Inc. in November 2014 for approximately $11 million in total consideration
Form 10-Q for QUEST SOLUTION, INC.
** $10.7mm gross revenue for the quarter compared to $9.6mm same period in 2013, 11% increase
** 22.35% gross margin this year compared to 20.6% same period last year, an 8.54% increase
** Cash flow operations for the 3 months ended March 31, 2015 was $131,559, which increased $789,095 compared to the 3 months ended March 31, 2014
** No shares issued during the quarter
QUES REPRESENTS AN EXTREME GROWTH OPPORTUNITY:
Pro Forma 2014 Revenue of $59.0 Million; Pro Forma EBITDA of $2.2 Million
QUES Share Structure:
Market Value: $12,260,323 a/o May 15, 2015
Authorized Shares: 100,000,000 a/o Apr 22, 2015
Outstanding Shares: 35,029,495 a/o Apr 22, 2015
OTC MARKETS: http://www.otcmarkets.com/stock/QUES/profile
QUES INVESTOR PRESENTATION:
View QUES Presentation
QUEST Investors: Click Here
QUEST Solution Inc.
2580 Anthem Village Dr.
Henderson, NV 89052
Website: http://www.questsolution.com
Phone: (702) 399-9777
QUEST IS THE SOLUTION *** OTCQB: QUES