QEDN QED Connect Inc (PK)

MANCHESTER, NH / ACCESSWIRE / June 5, 2015 / Management of QED Connect Inc. (PINKSHEETS: QEDN) today provided guidance on its business plan for 2015. The Company is in the process of changing its current business strategy; working with companies in multiple industries to focus on the Mining and Agriculture business.

In March of 2015, QED entered into a Stock Purchase agreement with Oro Verde Inc. (formally known as Green M&A Solutions) a private US company that has 100% ownership of Green Mine Solutions, a Colombian company with active gold mining operations. Oro Verde owns and operates the La Palmichala property which is on 96.75 ha of the El Silencio geological formation in the municipality of Remedios, in the Nordeste subregion of the Antioquía Department, Colombia. The Company has entered into Letter of Intents (LOI) for two mines and processing plants in San Pablo and Hidalgos, located 15 and 20 minutes respectively from La Palmichala. Oro Verde is actively helping the farmers in the area surrounding the mine, and other viable mining zones around Colombia, to convert their fields of illegal crops to grow Sacha Inchi. Sacha Inchi is the key crop that is being used to replace illegal crops, such as the Coca plant used to make cocaine. Sacha Inchi, sometimes called the Inca Nut, has great food and health benefits due to its high content of alpha linoleic acid Omega 3 (48 %) and low contents of saturated fatty acids (6%).

The Inca Nut (Sacha Inchi) is the only nut that can compete in multiple markets: Omega 3 supplement, nut and snack industry as a healthy alternative, and weight loss.

According to http://www.marketsandmarkets.com/Market-Reports/omega-3-omega-6-227.html the Omega 3 market will grow to $4.3 Billion USD by 2019. The worldwide nut and snack foods industry generates about $375 billion in revenue, according to Nielsen, with Europe and the US as the largest markets. The Asia/Pacific region, Latin America, the Middle East, and Africa are the fastest-growing snack food markets. According to Dr. Oz, "Sacha Inchi can help weight loss." It provides higher serotonin levels, thanks to the tryptophan, and can also regulate appetite so we don’t get cravings, overeat, or excessively snack.

The closing of the acquisition is expected to be completed by the end of the quarter pending the finalization of the due diligence and approval of the respective Board of Directors. Green M&A Solution has changed its name to Oro Verde Inc. www.oroverdeinc.com

Upon completion of the acquisition, QED will be completing its divesting of its other business interests. Most recently, QED announced the termination of the medical marijuana transaction with Emerald Med Farms. After further review of the business and the challenges associated with the changing legislation, it was determined that it was not a viable opportunity for the Company to pursue.

Tom Makmann, Chairman & CEO of QED Connect, commented; "While it has been a difficult for the Company during the economic recovery period, we believe we now have a business model that should provide long tern shareholder value. Oro Verde is an operating company producing revenue and profits with the potential to grow both organically and with the proposed acquisitions. The agriculture product, Sacha Inchi, is very exciting as it not only helps to reduce and eliminate the illegal crop (Coco) it has nutritional value with its high Omega 3 content."

Mr. Makmann added, "Additionally, with the completion of the acquisition, the Company will address other corporate issues, such as, completing an audit and being in position to become a fully reporting entity. The intent is to build upon the current success of Oro Verde and expand through additional acquisitions in the mining sector and developing the agriculture business."

Ms. Bahnsen CFO of Oro Verde commented: "We are very excited to bring a product like Inca nut to the USA market as the next best snack and weigh loss product and we expect to see Inca nut very soon in all the grocery stores in the USA and worldwide. The Inca nut, once roasted, can be seasoned with various flavors making it an attractive alternative to the other primary source of Omega 3, fish, as well as a great snack."

About QED Connect, Inc.

QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED’s business model allows it to achieve its goals by expanding its overall revenue and profits potential through multiple market segments. www.qedconnect.com

Safe Harbor Statement

Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED’s future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.

For more information contact:
Tom Makmann
Tel: (603) 425-8933
Fax: (541) 764-6180
Email: info@qedconnect.com

SOURCE: QED Connect, Inc.

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