QED Connect Inc (QEDN)

[tomandrayturdman]

777, sure rookin goood

Liquidity
The accompanying unaudited consolidated financial statements have been prepared assuming that the
Company will continue as a going concern. This contemplates the realization of assets and the
satisfaction of liabilities in the normal course of business. The Company incurred net losses of
$4,220,922, and $290,790 for the periods ended December 31, 2015 and December 31, 2014,
respectively. Additionally, the Company has experienced net losses for the past six years, and a
$500,000 Note payment due in September of 2015.
At December 31, 2015 the Company had a $18,978, cash balance, a deficit working capital of
$3,827,815 and an accumulated deficit of $7,402,814.

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