QED Connect Inc. Releases 2nd Quarter Results
August 21 2015 - 11:20AM
Access Wire
MANCHESTER, NH / ACCESSWIRE / August 21, 2015 /
Management of QED Connect Inc. (PINKSHEETS: QEDN) today announced
it has completed and posted its 2nd quarter financials
and disclosure reports as per OTC Markets guidelines. The Company
realized revenues for the first 6 months of $1.7 million, primarily
from its acquisition of Oro Verde Inc. (formally known as Green
M&A Solutions). The acquisition was in the form of a stock for
stock transaction which was completed in June of this year.
Oro Verde Inc. is a private US company that has 100% ownership
of Green Mine Solutions, a Colombian company with active gold
mining operations in Colombia and is actively working with farmers
to convert their fields of illegal crops to the Inca Nut. The Inca
Nut, has a 3,000 years history with the Inca Indians, grows in the
Amazon rainforest of Colombia, and high content of alpha linoleic
acid Omega 3 (48 %) and low contents of saturated fatty acids (6%).
QED will be concentrating on marketing the Inca Nut in the USA,
Canada, Japan and China through a network of retailers and
distribution channels.
Mr. Tom Makmann, QED Connect CEO, commented, "We are very
pleased to have finalized the acquisition and realize the benefits
of Oro Verde. The operations in Colombia offer current revenue from
the gold mine and the exciting opportunity of the Sacha Inchi nut.
The Inca Nut has the potential to be one of the new "superfoods"
because of the great health value with a mild, but unique
taste."
About Oro Verde, Inc.
Oro Verde Inc. (formally known as Green M&A Solutions) is a
private US company that has 100% ownership of Green Mine Solutions,
a Colombian company with active gold mining operations and is
working with farmers to grow Sacha Inchi, also known as Inca Nuts.
Oro Verde owns and operates the La Palmichala property which is on
96.75 ha of the El Silencio geological formation in the
municipality of Remedios, in the Nordeste subregion of the
Antioquía Department, Colombia. Oro Verde is actively helping the
farmers to convert their fields of illegal crops to the Inca Nut
and also for land restitution for the 6 million victims of the 50
year conflict in Colombia. The Inca Nut, has a 3,000 years history
with the Inca Indians, grows in the Amazon rainforest of Colombia,
and high content of alpha linoleic acid Omega 3 (48 %) and low
contents of saturated fatty acids (6%). www.oroverdeinc.com
About QED Connect, Inc.
QED Connect, Inc. is a holding company which makes acquisitions,
investments, and enters into strategic business partnerships. The
Company works with organizations that are looking for capital,
management assistance, or help in reaching their target markets to
realize their true potential. QED's business model allows it to
achieve its goals by expanding its overall revenue and profits
potential through multiple market segments. In June 2015, QED
completed the stock purchase agreement with Oro Verde Inc.
(formally known as: Green M&A Solutions).
www.qedconnect.com
Safe Harbor Statement
Certain statements in this press release that are not historical
facts are "forward-looking statements" within the meaning of the
Private Securities Litigation Reform Act of 1995. Such statements
may be identified by the use of words such as "anticipate,"
"believe," "expect," "future," "may," "will," "would," "should,"
"plan," "projected," "intend," and similar expressions. Such
forward-looking statements involve known and unknown risks,
uncertainties and other factors that may cause the actual results,
performance or achievements of QED to be materially different from
those expressed or implied by such forward-looking statements.
QED's future operating results are dependent upon many factors,
including but not limited to the Company's ability to: (i) obtain
sufficient capital or a strategic business arrangement to fund its
expansion plans; (ii) build the management infrastructure necessary
to support the growth of its business; (iii) competitive factors
and developments beyond the Company's control; and (iv) other risk
factors.
For more information contact:
Tom Makmann
Tel: (603) 425-8933
Fax: (541) 764-6180
Email: info@qedconnect.com
SOURCE: QED Connect, Inc.
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