Last $0.39 USD
Change Today -0.0149 / -3.73%
Volume 10.0K
QUES On Other Exchanges
As of 8:10 PM 01/27/15 All times are local (Market data is delayed by at least 15 minutes).

quest solution inc (QUES) Snapshot

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04/24/14 - $0.72
52 Week Low
01/28/14 - $0.30
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quest solution inc (QUES) Details

Quest Solution, Inc. is engaged in the technology, software, and mobile data collection systems business primarily in the United States. The company operates as a mobility systems integrator with a focus on design, delivery, deployment, and support of integrated mobile solutions. It offers end to end solutions, including hardware, software, communications, and full lifecycle management services. The company’s hardware products comprise mobile computers, scanners, tablets, scanners for Apple products, RFID products, wireless infrastructure products, printers, and iPod sleds. It also provides various software products in the areas of order entry, proof of delivery, route accounting, field mobility, transportation and logistics, warehouse management, supply chain manufacturing, retail, and RFID. In addition, the company offers professional inventory and supply chain management services, including planning and assessment, analysis and design, mobility implementation, and management and support services, as well as vertical application and mobile device management solutions from its software partners. It serves field service, manufacturing, logistics, retail, route sales, and healthcare industries. The company is based in Henderson, Nevada.

quest solution inc (QUES) Top Compensated Officers

Chairman, Chief Executive Officer, Chief Fina...
Total Annual Compensation: --
Compensation as of Fiscal Year 2013.

quest solution inc (QUES) Key Developments

Quest Solution, Inc. Announces Auditor Changes

on January 20, 2015, Quest Solution, Inc. announced that L.L. Bradford & Company, LLC resigned as the registrant’s independent registered public accounting firm. The company engaged RBSM LLP as its independent registered public accounting firm for the company’s fiscal year ended December 31, 2014.

Quest Solution, Inc. Announces Unaudited Consolidated Earnings Results for the Nine Months Ended September 30, 2014

Quest Solution, Inc. announced unaudited consolidated earnings results for the nine months ended September 30, 2014. For the period, the company reported net sales of $26,140,868 and net income of $47,003. For the pro-forma basis, the company reported net sales of $43,931,849 and net income of $5,718.

Quest Solution, Inc. Secures Revolving Credit Facility from Wells Fargo Bank in the Maximum Principal Amount of $8,000,000

Quest Solution, Inc. announced that it has secured a revolving credit facility from Wells Fargo Bank in the maximum principal amount of $8,000,000. The credit agreement provides for a revolving loan from the lender in the maximum principal amount of $8,000,000. At the initial closing on December 31, 2014, $2,019,345.14 (less customary closing costs and fees) was funded under the credit agreement. The proceeds from the credit agreement are expected to be used for general corporate purposes. Interest on borrowings under the revolving loan generally ranges from 2.75% to 3.25% over the daily three month libor depending on the average quarterly outstanding advances under the credit agreement. The maturity date of the credit agreement is December 31, 2017. The credit agreement contains customary affirmative and negative covenants and also contains financial covenants that, among other things, require to comply with fixed charge coverage and capital expenditure tests. The lender may accelerate amounts outstanding under the credit agreement upon the occurrence of an event of default, which includes among other things, the failure to pay amounts due or the filing of bankruptcy proceedings.


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