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QED Connect Inc. (QEDN) submits final proposal for USAID

March 15, 2017

QED Connect Inc. (QEDN) submits final proposal for USAID

 

QED Connect Inc. submits final proposal to USAID for a guarantee of $195,000,000.  The company has submitted its final proposal to secure a guarantee through US government for $195,000,000.  The company would be able to use this guarantee to secure financing at a conventional bank.  Kate Bahnsen, CEO, states, "The company is extremely excited to be working with US and Colombian governments to secure this type of financing.  Its a total validation of what we have been working towards for four years."  The company expects with this financing to ultimately secure and manage over 35,000 hectares over product.  Based on this the company will be updating it's proforma  and reporting on its website.    www.incaworldwide.com

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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