SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person*
Viascan Group Inc.

(Last) (First) (Middle)
8102 TRANSCANADA HWY

(Street)
ST-LAURENT A8 H751M5

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
10/01/2015
3. Issuer Name and Ticker or Trading Symbol
Quest Solution, Inc. [ QUES ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director X 10% Owner
Officer (give title below) Other (specify below)
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Series B Preferred Stock 1 D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Series A Preferred Shares of Question Exchange Ltd. 10/01/2015 (1) Common Stock of Quest Solution, Inc. 5,200,000 (2) D
Explanation of Responses:
1. Each of the Series A Preferred Shares (the "Exchangeable Shares") of Quest Exchange Ltd. ("ExchangeCo") is exchangeable into one (1) share of common stock of Quest Solution, Inc. ("Parent") at the election of Viascan Group Inc. or, in certain circumstances, of Parent and has no expiration date.
2. The purchase price payable by Parent for each of the Exchangeable Shares to be purchased by Parent under the exchange right (the "Exchange Right") set forth in the October 1, 2015 Voting and Exchange Agreement by and among Parent, ExchangeCo. and Viascan Group Inc. shall be an amount per share equal to: (a) the Current Market Price (as defined in the Voting and Exchange Agreement) of one share of Parent Common Stock on the last business day prior to the date of closing of the purchase and sale of the Exchangeable Shares under the Exchange Right, which shall be satisfied in full by Parent causing to be sent to such holder one share of the Parent Common Stock; plus (b) to the extent not paid by ExchangeCo., an additional amount equivalent to the full amount of all declared and unpaid dividends on each of the Exchangeable Shares held by such holder on any dividend record date which occurred prior to the closing of the purchase and sale.
/s/ Gilles Gaudreault, Secretary of Viascan Group Inc. 05/16/2016
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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