CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

This report contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements relate to future events or our future financial performance. In some cases, you can identify forward-looking statements by terminology such as "may", "should", "expects", "plans", "anticipates", "believes", "estimates", "predicts", "potential" or "continue" or the negative of these terms or other comparable terminology. These statements are only predictions and involve known and unknown risks, uncertainties and other factors, including the risks in the section entitled "Risk Factors" and the risks set out below, any of which may cause our or our industry's actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements.

Forward looking statements are made based on management's beliefs, estimates and opinions on the date the statements are made and we undertake no obligation to update forward-looking statements if these beliefs, estimates and opinions or other circumstances should change. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements to conform these statements to actual results.

Our financial statements are stated in United States dollars ($US) and are prepared in accordance with United States Generally Accepted Accounting Principles.

In this report, unless otherwise specified, all references to "common stock" refer to the common shares in our capital stock.

As used in this annual report, the terms "we", "us", "our", "Quest" and "Quest Management" mean Quest Management Inc., unless the context clearly requires otherwise.





Results of Operations

Our revenues for the three months ended July 31, 2021 and 2020 were $0 for both periods, respectively. Our cost of goods sold for the three months ended July 31, 2021 and 2020 was $0, resulting in gross profit of $0 for both periods, respectively . Our operating expenses for the three months ended July 31, 2021 and 2020 were $4,234 and $9,112 resulting in a net operating loss of $4,234 and $9,1120, respectively. The Company had $0 in other expenses for the three months ended July 31, 2021 and $615,855 in a loss from debt conversion and $11,806 in interest expense. This results in a net loss for the three months ended July 31, 2021 and 2020 in the amounts of $4,234 and $636,773, respectively.

The following table provides selected financial data about our Company for the period from the date of incorporation through July 31, 2021. For detailed financial information, see the financial statements included in this report.

Balance Sheet Data: 7/31/2021



Cash                   $       0
Total assets           $       0
Total liabilities      $  61,087
Stockholder's equity   $ (61,087 )

Plan of Operation for the next 12 months

Our cash balance is $0 as of July 31, 2021. We do not believe that our cash balance is sufficient to fund our limited levels of operations beyond one year's time unless additional revenues are generated.

Our independent registered public accountant has issued a going concern opinion. This means that there is substantial doubt that we can continue as an on-going business for the next twelve months unless we generate additional revenue sufficient to maintain operations or obtain additional capital to pay our bills. There is no assurance we will ever reach that stage.





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Over the next twelve months we plan to engage in the following activities to expand our business operations:





Accounting/Auditing & Legal   $ 35,000
Office & Administration       $  5,000
Working Capital               $  5,000

Total Expenses                $ 45,000

Accounting/Auditing & Legal: Expenses for accounting will go primarily toward the preparation of financial statements. Expenses for auditing will go to our auditor for our year end audits and quarterly reviews. Expenses for legal fees will go primarily to our lawyer to ensure that all our filings are in order and we are in compliance with different regulatory authorities.

Office and Administration: This will be the cost of purchasing small office equipment such as a computer, printer/scanner/copier/fax, expenses such as telephone, electricity, office supplies, etc.

Working Capital: Items not accounted for elsewhere or that are difficult to predict such as bank fees, entertainment, software products and office equipment.

Liquidity and Capital Resources

At July 31, 2021 the Company had $0 in cash and there were outstanding liabilities of $61,087.

Off-Balance Sheet Arrangements

We do not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that is material to investors.

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