SportsQuest, Inc (SPQS.OB) Named Presenting Title Sponsor of U.S. Pro Golf Tour
The U.S. Pro Golf Tour, a wholly owned subsidiary of Greens Worldwide, Inc. (GRWW.PK) has announced that SportsQuest, Inc (SPQS.OB) entered into a three year title sponsorship agreement with the company. This agreement is to include a stock payment of $500,000 in restricted SportsQuest common stock and the understanding that SportsQuest will be required to underwrite all expenses for USPGT events through the year of 2010. Shortly after, SportsQuest is able to provide all common stock and monetary compensation for the tours expenses in 2008, then the title of the tour will be changed to the U.S. Pro Golf Tour…