Inca Worldwide (OTC Pink: QEDN), working through Green Mine Solutions SAS (GMS), has entered, into an alliance with the Colombian government in regard to the government’s plan outlined in its National Comprehensive Program for the Substitution of Illicit Crops (“Programa Nacional de Integral de Sustitución de Cultivos de Uso Ilícito” or PNIS), especially related to work with the High Counselor for Post-Conflict (“Alto Consejero para el Postconflicto”). Working with GMS and Fungestores (“Fundación Gestores Sociales”), the national plan involves a program for voluntary crop substitution from coca plants to Sacha Inchi in Colombia.
Already, 55,000 families have signed into the program, involving 47,000 hectares in the departments (or states) of Nariño, Meta, Vichada, Norte de Santander, Cauca, and Caquetá.
Fungestores and GMS will begin with 500 hectares in Nariño, Meta, Antioquia, Cauca, and Caquetá—all financed by the Colombian Government. For this effort, GMS forecasts revenue of over $3,250,000 for the fourth quarter of 2017.
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," or "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-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.
Share on Facebook
Share on Twitter
I'm busy working on my blog posts. Watch this space!