QED Connect Inc (QEDN)

[stervc]

slojab, why no worries with the AS increase...

I've been in contact with the new CEO of QEDN (Kate Banhsen) and I was informed that the increase in the Authorized Shares (AS) was ”NOT” for some kind of financing or dilution as you are insinuating. They have a financing strategy in place that does not involve using or issuing any shares... at all.

She confirmed with me that such increase in the AS was to pay her as the CEO as she never received payment for her company being acquired by QEDN before Tom had died. I think it's fair that she gets paid something for the fruitages of her labor. These shares will be restricted shares.

Also, she confirmed that she is using some shares to pay the farmers so that they can be in position to receive future dividends that will be coming to those who are shareholders. These shares will be restricted shares too.

From my understanding, the Outstanding Shares (OS) will still be far from the AS so I have no worries about this action. Here is the updated information for those who have not seen the increase in the AS to 1.5 Billion (1,500,000,000) shares and that the new name of the company will be Inca Worldwide, Inc. as indicated within the New York Secretary of State (SOS) database:

https://appext20.dos.ny.gov/corp_public/CORPSEARCH.ENTITY_INFORMATION?p_token=7F330A459892B5F59BCD48DC05AA7F748E1EAA90A21C2BE5E5E614ABB70E3097A6DD5684709022D3BD89A4E508CC040E&p_nameid=3B8B67ABC75107F6&p_corpid=98D0789D1D9C9497&p_captcha=10056&p_captcha_check=4E12EA541ED86C87&p_entity_name=Inca%20Worldwide&p_name_type=A&p_search_type=BEGINS&p_srch_results_page=0




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