Global Quest Ltd (OTCMKTS:GLBB) Explodes On Carepoint Nutrients Unveiling But For How Long?

Global Quest Ltd (OTCMKTS:GLBB)

Global Quest Ltd (OTCMKTS:GLBB) is edging higher in the market days after announcing the formation of a new wholly owned subsidiary dubbed Carepoint Nutrients LLC. The newly formed subsidiary’s core mission is distributing proprietary nutrients as part of an effort that seeks to discover new growth opportunities.

Carepoint Proprietary Products

According to the company’s press release, Global Quest Ltd (OTCMKTS:GLBB) nutrients will service the needs of dispensaries as well as consumers. The subsidiary already boasts of a unique line of nutrient supplements that the parent company says continues to attract strong demand from dispensaries. The supplements are designed to offer relief to patients suffering from sleep disorders as well as inflammation.

Global Quest Ltd (OTCMKTS:GLBB) products are currently distributed under the company’s brand name. Patients can buy them directly from the company’s website or from doctors as well as dispensaries. There is also a subscription program whereby patients can sign up to receive direct monthly deliveries.

Global Quest Ltd (OTCMKTS:GLBB) products are made from proprietary patent-pending formulas that use amino acids as well as polyphenols to treat sleeping disorders. The launch of the wholly owned subsidiary could not have come at a better time given the growth opportunities at stake with the proprietary nutrients.

Global Quest Ltd (OTCMKTS:GLBB) is currently working on expanding its line of proprietary nutrients that will see the inclusion of additional formulas.

Stock Sale

Separately Global Quest Ltd says Shim Kyoung Hwa, and Shin Dong Hyun, (stockholders) and Teller Financial LLC entered into a stock purchase agreement on April 12, 2017. As part of the agreement Teller purchased 7,000,000 shares at a stock price of $0.001 a share representing about 69.65% of the total issued shares of common stock. Total proceeds from the sale amounted to $7,700 as evidenced by secured promissory notes dated April 12, 2017 and Due on October 12, 2017.

Stock Performance

Investors appear to be taking note of Global Quest Ltd (OTCMKTS:GLBB) prospects at the back of the newly formed subsidiary that seems to have opened up new opportunities for growth. The stock is currently trading at highs of $5.25 a share (having soared by more than 100%) and posting a new 52 week high. However, the big question is whether the company will be able to maintain the impressive run while riding on the Carepoint Nutrients news.

I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 96 hours. All information, or data, is provided with no guarantees of accuracy.

About the author: Monica Gray has an undergraduate degree in Accounting and an MBA – earned with Honors. She has six years of experience in the financial markets and has been a securities analyst for the past two years.

Author: Monica Gray

Monica has an undergraduate degree in Accounting and an MBA she earned - with Honors. She has six years of experience in the financial markets and has been an analyst for the past two years.

5 thoughts on “Global Quest Ltd (OTCMKTS:GLBB) Explodes On Carepoint Nutrients Unveiling But For How Long?”

  1. So, can anyone tell me what is going to happen with GLBB know that its been suspended from trading? Its really confusing when this stock was being promoted that none of these experts new that there was trouble brewing, they just kept pushing this stock, Why. I looking for a real update on GLBB.

  2. So, can anyone tell me what is going to happen with GLBB Now that its been suspended from trading? Its really confusing when this stock was being promoted, that none of these experts new that there was trouble brewing?, they just kept pushing this stock, Why. I looking for a real update on GLBB.

  3. KS is so right! I’m getting so I don’t trust the “experts”. Why should we if they are not willing to take a position on any of the stuff they shout about? I guess I’ll keep what I have for a while to see what happens. At this point lost a couple of hundred. Paying to learn I guess.

  4. my glbb shares dropped today from $5.65 to 0.25 per share. i lost a significant amount of money and without any caution or concern noted. i tried to call the company but they hired a company to represent contacts and the ceo would not return my calls. why is it that false claims are presented repeatedly to me but no warnings about what negative actions are occurring. any one experiencing similar concerns??

  5. Hi everyone this Its KS, After weeks of no information, and watching our share price drop to nothing, And yes I lost so much on this , I feel really stupid trusting the people that were promoting GLBB like “Wall St Giant”. what a scam. I’ve tried everything I know to do to get ahold of the corporate office of GLBB, even been trying to get contact information on the Richard C. Weiner. Nothing, I mean nothings out there, No way to contact anyone. I really thing at this time it might serve us all well to file formal complaint with the Security exchange. They took them down for a while, GLBB was supposed to update their information and website also their services, As you know they have done nothing. Its not right on any level. Please let me know your thought. There has to be thousands of investors that were taken by this. I would like nothing more then for Richard C. Weiner, to come out explain they had some difficulties and that GLBB will be back, stronger then ever. Why is he hiding, and why cant we find any current news or information on GLBB. Please keep posting lets get this exposed. If there is no problem, Richard or his PR department could put all this to rest FAST. anyway we have a right to know. Let me know your thought and your ideas on what we the investors can do.

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