MANCHESTER, NH / CRWEPRESSRELEASE / August 21, 2015 /Management of QED Connect Inc. (OTCMKTS: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:
Tel: (603) 425-8933
Fax: (541) 764-6180
SOURCE: QED Connect, Inc.