Inca Worldwide (OTC-Pink:QEDN) Announces a New Franchise Model to Generate Revenue for Fourth Quarte
Turbo Antioquia, Colombia October 27, 2017
Inca Worldwide (OTC-Pink:QEDN) Announces a New Franchise Model to Generate Revenue for Fourth Quarter 2017
Inca Worldwide (OTC Pink: QEDN) and Green Mine Solutions SAS have developed a complete and sustainable franchise business model centered on the promotion of Sacha Inchi in Colombia, South America. Inca Worldwide’s new process focuses on the growth and use of 100% of the seeds and leaves of Sacha Inchi plants. The company (through Green Mine Solutions) will teach this processing method to the farmers in order to generate revenue for Colombian farming communities.
The company has established relationships with el Banco Agrario, Banco de Bogota (https://www.bancodebogota.com/wps/portal/banco-de-bogota/bogota/empresas/) and Bancolombia (https://www.grupobancolombia.com/wps/portal/personas) whereby community companies involved with Sachi Inchi production may receive loans to fund their businesses. For each loan process set up by community businesses for Sachi Inchi production, Inca Worldwide will receive from 3 to 10% of the loan amount. Additionally, Inca Worldwide will receive from 3 to 10% of all revenue earned by any company established for the communities regarding Sachi Inchi farming, production and reselling the products. These companies may include, for example, those producing organic fertilizer from the Sacha Inchi star (i.e., the leftover seed pod after the seeds have been removed), organic tea from the leaves of Sacha Inchi, and Sacha Inchi planting frames from recycle plastic and other subproducts.
Already, the company has generated an income of 3% of the total loan for the contract signed in October 2017 with three communities in Choco. Additional contracts with other communities are scheduled for implementation in the November and December time frames. This franchise fees are separate from our regular model of buying seeds from the farmers, processing them and selling them to wholesale customers and retain customers, and other entities.
Contact information: email@example.com
About Inca Worldwide
Our Inca Seeds (Roasted Sacha Inchi) contain a complete protein with all nine-essential amino acids, and they are rich in Omega 3, 6, and 9 antioxidants—a real Superfood!
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," and "target."
Forward-looking statements by their nature address matters that are, to various degrees, uncertain, such as statements about our announced plan to reduce the size of our financial-service 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.