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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (23964)	10/9/2001 11:50:29 PM
From: J. Nelson	Respond to of 25711

Message 16480034

To: Joe Copia who wrote (23964)	10/10/2001 3:00:00 PM
From: Joe Copia	Read Replies (2) \| Respond to of 25711

VentureQuest Files Amendment No. 4 to Form 10 SB Registration S VentureQuest Files Amendment No. 4 to Form 10 SB Registration Statement with the SEC Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--Oct. 10, 2001-- VentureQuest Group, Inc., (the "Company"), a Nevada corporation trading on the "Pink Sheets" as VQGI, announced today that it has filed the Fourth Amendment to its Form 10 SB registration statement with the Securities and Exchange Commission in its bid to become a fully reporting company. Being a fully reporting company to the SEC is a requirement for listing on the NASDAQ OTC pursuant to the OTC Bulletin Board Eligibility Rule adopted in 1999 for all OTC companies. "These amendments attempt to incorporate all of the revisions required to satisfy the comments received by the SEC's examiners in our previous filings, in addition to outlining the Company's developments since its last filing in May 2001." stated Eric Hutchingame Chairman and CEO of VentureQuest. "Hopefully, these clarifications will go a long way toward bringing this filing requirement to a successful conclusion with the Company then eligible for restatement to the OTC Bulletin Board," he added. The Form 10 SB submission was formally filed on October 10, 2001. The amended documents will be filed in accordance with the SEC's EDGAR system and may be viewed at the SEC's website at sec.gov "In connection with this filing, the Company will file amendments to its Form 10K-SB for the period ended December 31, 2000 and to its Form 10Q-SB for the periods ended March 31 and June 30, 2001. These amended documents, along with their corresponding restated financial statements, will include modifications suggested by the SEC pursuant to the Company's reverse merger with Gamecasters, Inc. and its recent sale of its E-Casinos International subsidiary and the subsequent discontinuance of its online gaming business" stated William Baker, the Company's President and Chief Financial Officer. "We believe that the modifications and disclosures provided in amendment #4 to our Form 10-SB will more fully present the circumstances and conditions regarding the recent events of the Company to the satisfaction of SEC examiners" he added. VentureQuest is in the business of acquiring and consolidating emerging or underachieving companies or opportunities that provide recurring revenue. The above statements in regard to VentureQuest Group, Inc., which are not purely historical, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including VentureQuest Group Inc.'s beliefs, expectations, hopes or intentions regarding the future. All forward-looking statements are made as of the date hereof and are based on information available to the parties as of such date. It is important to note that actual outcomes and actual results could differ materially from those in such forward-looking statements. Factors that could cause actual results to differ materially include risks and uncertainties such as technological, legislative, corporate, regulatory and marketplace changes. visit www.vqgi.com --30--DS/ph* CONTACT: VentureQuest Group, Inc. Eric Hutchingame, 604/990-9889 ehutchingame@vqgi.com