Inca Worldwide (OTC-Pink: QEDN) and Cacique Mining (OTC-Pink: GEGI) Take Steps toward full OTC Finan
Turbo, Antioquia, Colombia December 15, 2017
Inca Worldwide(aka QED-Connect; OTC-Pink: QEDN) and Cacique Mining (aka Genesis Electronic Group; OTC-Pink: GEGI) have engaged the accounting firm, Grant Thornton LLP, to perform an audit of the 2016 and 2017 financial statements of both companies. Grant Thornton LLP, headquartered in Chicago, is the sixth largest U.S. accounting and advisory organization. The audit is estimated to be completed by the end of the second week in January 2018.
Kate Bahnsen, CEO of Inca Worldwide and CFO of Cacique Mining, states: “With the ramp-up of business operations for both companies and our expected revenue projections for 2018, the companies believe it imperative to be fully transparent in our financial reporting. We believe that an audit of our financials by such a well-known and respected firm as Grant Thornton will provide the transparency needed for investors, government entities, and the banks with which we work to feel comfortable about the reporting and progress of our businesses. The audits will verify the operational progression of our projects as well as provide the necessary due diligence support for all involved.”
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About Inca Worldwide
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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.