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  • Kate Bahnsen

Inca Worldwide (QED Connect Inc) Announces USAID Approval

Cali Colombia

Inca Worldwide (QED Connect Inc.(QEDN)) announces that it has received confirmation that is has passed the first stage of approval by the USAID office in the US. It now has been sent to the Colombian office to curve a budget for allocation. The key component in the application is agricultural and cultural and smaller amount has been allocated towards mining. Kate Bahnsen, CEO, comments, "We are thrilled that USAID has recognized the significance of our project. They see what we are doing in Colombia and realize the effect we will have on the overall economy and culture in Colombia." Additionally, QEDN will be working with another public company to grow Inca Seeds (Sacha Inchi.) The company has established a relationship with Cacique Mining (Genesis Electronics Group Inc.), to grow Inca Seeds (Sacha Inchi) on its existing mining property. Juan David Perez Schile, CEO, of Cacique Mining states. "The opportunity to work with Inca Worldwide (QEDN) to develop our mining project and potentially receive part of the USAID grant is enormous. Also, to have the ability to use our excess land to grow Inca Seeds is just another level of revenue that allows us to execute our green mining business model."

Caution Concerning Forward-Looking Statements:

Our public communications and SEC filings may contain "forward-looking statements" – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance and financial condition, and often contain words such as "expect," "anticipate," "intend," "plan," "believe," "seek," "see," "will," "would," or "target."

Forward-looking statements by their nature address matters that are, to different degrees, uncertain, such as statements about our announced plan to reduce the size of our financial services businesses, including expected cash and non-cash charges associated with this plan and earnings per share of QED retained businesses (Verticals); expected income; earnings per share; revenues; organic growth; growth and productivity associated with our Digital business; margins; cost structure; restructuring charges; acquisition-related synergies; cash flows; returns on capital and investment; capital expenditures, capital allocation or capital structure; and dividends.

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