Dear Shareholders, Followers and Consumers
We are pleased to announce we have finish an agreement with the farmers of the area of Corinto and Morales Cauca to purchase all the Sacha Inchi they produce and to help them finance the crop substitution from Illegal crops to Inca Seed (Sacha Inchi). Previously the farmers were selling their crop to Peru and now they will sell us all their production. We have also stared the approval process of 1,750 farmers in that area. We believe we can get more than 5,000 small farmers just in this area. This area has been declared one of the top high risk areas in Colombia by the United Nation.
We are also working with medium to big farmers in the area to grow Sacha Inchi. Coffee and sugar cane is not competitive in Colombia so many medium to large farmers are considering changing crops to Sacha Inchi. We will update our shareholders as soon we finish any contact with medium to large farmers.
What this means for our company and our shareholders?
We have secure enough production to cover our previous projections and we are in the process to review our future projections.
By working in this high risk areas we can get access to grants and other funding available for crop substitution from the $700 Million US Dollars authorize by the World Bank for the post conflict in Colombia.
Thank you for your support
CEO of Inca Worldwide (QEDN)
March 8, 2017
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.