Inca Designs, Inc. (fka IDGI)

[netjoy]

Incan Update 13 - General Update

I spoke with Evan today. Here are the highlights of our conversation.

1. Company has invested about $40,000 on audit to date; the completed audit will cost well over $150,000 due to the number and complexity of filings, late fees, etc.. A total of 8-10 filings are required to bring Inca current. The 8-K announcing the engagement of the auditor will appear before the actual filings are released. As always, Evan and Stacy are funding this effort using there capital, which has delayed the process somewhat. Inca's goal is to be fully reporting by this Summer.

2. Evan confirmed NVSOS fees were paid to restore the corporation back to "Active" status, and will ask his bookkeeper to follow-up with the State of Nevada.

3. He reiterated management will NOT take Inca private, and dismissed the notion they don't care about shareholders. It's Evan and Stacy, not iHub, who funded the company with there own capital during the harshest recession in modern times and managed to do so without dilution, reverse splits, or worse. While it may not be readily apparent to some, the company is taking the necessary steps for the longterm health and viability of the brand and stock. Stacy also wants a return on those 350,000,000 shares! However, until filings are released, investors will have to measure progress by Inca's branding efforts and extensive media blitz expected during the Summer.

4. We briefly discussed the collections. The 2010 Collection was purposely basic to reduce manufacturing costs and narrowly distributed to gauge initial market demand. The 2011 Collection will be more innovative and detailed, and marketed to large department stores, resorts, and online retailers. The 2011 Collections will be showcased at all major shows this Summer.

5. As previously stated by invetorcg, Inca is will be represented by two showrooms (in LA and NY) catering to affluent customers. The showroom approach is far less costly than a store, yet will provide valuable storefront exposure in two of the hottest fashion markets. More exposure equals more revenues.

6. EFG: Entertainment Fusion Group ( http://efgpr.com/ ) is now handling all national public relations and brand building for Inca. Carmapr will continue to focus on South Florida. EFG is a leader in the public relations and marketing industry with global reach and an incredible client roster.

IMO, we are at a crossroad and 2010 will be a defining year for our brand and stock. While the filings and NVSOS are important, moreso is the fact we have a company with immense potential and a CEO with the vision to make it successful. The filings will get done, NVSOS updated, the question is: Will you be here for the fireworks?

Pay$ience Pays!