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That's not the way this stock works. It has never had a big jump without dilution. QEDN dilutes the stock by issuing shares to create the volume that leads to very temporary increase in share price...and then a huge crash.
There has not been a sustained run on this stock since the Order requiring Lattuca to sign off on any share issuance and that was several years ago.
This hasn't been to 00's in years. This is despite the fact that there has been a lot of rumored news about this company in the past. News doesn't move this company. Only issuing shares moves this company and the company can't issue shares.
You forgot to mention a CEO that perjured herself in court.
Is one of those characteristics an absent CEO that doesn't even have a functioning e-mail account.
Looking forward to something doesn't mean it is going to happen. There is nothing that would support a merger or a new contract. Heck, there is not even anything to support any prior contract. The undisputed truth is that QEDN has $0.00 in sales and has not sold anything in many years.
A few grand buys half the company
I don't care about her divorce either. I do care that she fabricated a document and submitted the fabricated document to a Judge. If she is willing to commit perjury, which is a felony, it may help answer your question about whether she is deceiving investors.
In regards to Lattuca, the case is resolved in Lattuca's favor. Lattuca won and QEDN owes Lattuca hundreds of thousands of dollars. A Judgment was entered against QEDN and in favor of Lattuca for hundreds of thousands of dollars but Lattuca hasn't collected because QEDN has no money. QEDN has never sold a single nut and will never have any money at all. Because QEDN will never have any revenue Lattuca will never get paid. Because QEDN will never have any revenue and can't even generate capital by issuing shares, QEDN will never be an actual business.
I don't believe Lattuca ever worked for or had any involvement with QEDN so I am not sure how he is part of the problem.
There is no NDA...please send my bag of nuts to Ray Purdon.
BAHNSEN PERJURED HERSELF AND SUBMITTED FORGED EVIDENCE IN A COURT OF LAW:
Bahnsen is the CEO of QEDN.
The Court Order containing the below can be found in the Lattuca v. GEGI litigation. Blancato is Kate Bahnsen's maiden name and the below order comes from her divorce case in Nevada.
https://apps.stjohnsclerk.com/Benchmark/Home.aspx/Search
Enter the Captcha search Purdon or Genesis Electronics Group
The below order is attached as an exhibit to Docket # 714 (9/28/17)
This is so predictable. Last week they had a 70 Million volume day in QEDN. This week they are trying to generate some volume in GEGI.
Sustained volume can't occur though because GEGI can't issue shares. Trading between Mr. Right Hand and Mr. Left Hand can only fool so many people.
Her e-mails bounce back now so you can't contact her.
Shares aren't under accumulation.
Sometimes people here claim to be daytraders of real stocks like AMZN. I am happy for those people and glad they are able to make a living off of volume from a legitimate company. But then I wonder what the heck are those people doing here. Are they trying to make a living off of QEDN, which has no regular volume? It just doesn't make any sense. AMZN is a real company...QEDN has never even sold $1 worth of nuts.
It could have also been AOC buying shares of QEDN as a kickstart to her Green New Deal.
Just because it ticks volume over 10 Million from time to time doesn't mean it is going to run. The stock has been stagnant for years but almost every month there is a day with volume over 10 Million.
It is most likely Mr. Right Hand trading to Mr. Left Hand in an effort to trick people into believing there is real volume.
That's the problem is there is no reason to buy 50,000,000 shares of QEDN. When GPL Ventures paid $119,000 for 1.5 billion free trading shares to be issued it made some sense.
GPL Ventures purchased those shares at less than $0.0001. It just so happened the pump crew was there to create interest when GPL Ventures were issued their shares. What a coincidence.
Now that is how you create sustained volume. I make no opinion as to whether creating volume in this manner violates any laws.
Silly rabbit.
QEDN has done nothing for the last two or three years. People come and blab there mouth about what this stock is going to do and how they can create volume with tiny block purchase. But those people soon leave when they realize there is no way to sustain volume necessary to move share price.
The pump crews were here huge when shares could be issued. They are long gone because not even the pump crews can sustain volume here.
Then buy them and see what happens. It won't turn into a 300 million day and even if it did you won't see 4 or 5 days of volume in excess of 100 million.
It traded 70 million shares just the other day but nothing. Look at the volume over the last year. People have tried to start a run with a high volume day but it just putters out.
When Bahnsen diluted 1.5 billion shares to GPL Ventures it created volume that lasted for a couple of months before everyone realized they were just buying shares that were being dumped on the market by GPL Ventures.
Its so quiet because QEDN can't issue shares and thus can't trigger any real volume. When QEDN can issue shares they can trigger volume just like they did with GPL Ventures.
Its great news to stop dilution but terrible news for share volume. Ever since the Court Ordered that Lattuca has to approve any new issues QEDN has not been able to sustain volume. It is the dilution that drives the volume.
Ever since QEDN lost the ability to issue shares it has not been able to sustain volume for more than a couple of days.
This stock has never accomplished anything and its been a flatliner for a long time.
KATE BAHNSEN DILUTED 1.5 BILLION SHARES OF QEDN:
This is verifiable DD. When QEDN was able to issue shares this is what it did with that ability and how they were able to sustain volume. Bahnsen got paid. GPL Ventures, LLC, who received the shares were able to dump them all. The share price dropped like you wouldn't believe and all of the people that thought they were going to get rich quick became bagholders.
Kate Bahnsen diluted 1.5 Billion Shares of QEDN to GPL Ventures from July 16, 2017 through November 7, 2017. There were only 679 Million shares outstanding before Kate diluted 1.5 billion shares.
QEDN received $119,000 for the dilution and Kate Bahnsen spent most of that on her personal expenses.
Also, if you look at the Lattuca case you can see from docket entry 740 on 11/2/2017 and docket entry 747 on 11/6/2017 that Lattuca had to seek protection of the shareholders to stop Kate from further diluting the stock.
Unfortunately, after the Judge told Kate to stop diluting on November 2, 2017 she diluted another 150 Million shares on November 3, 2017 and diluted another 500 Million shares on November 7, 2017.
You can verify the above filings by clicking on the below and searching under Purdon, Lattuca or Genesis Electronics.
https://apps.stjohnsclerk.com/Benchmark/Home.aspx/Search
Docket Number 742 & 747
QEDN has no ability to sustain volume because it can't issue shares
There never was a functioning company. QEDN has $0.00 in sales. There is no documentation to support any claim that QEDN was ever a functioning company.
There is nothing to support any claim that QEDN is about to do anything or that anyone should expect Big Things from QEDN.
You have every right to want truthful statements and accountability. QEDN has not been transparent.
I don't think anyone believes in this company. However, some people still believe in Purdon's ability to create volume. Volume, like yesterday's, isn't sustainable without the ability to issue shares. There used to be a lot of posters here that had a large number of followers. They all left though when QEDN stopped being able to issue shares.
BAHNSEN SAID QEDN IS FILING BANKRUPTCY
Anyone that says different is relying upon an e-mail from Bahnsen saying QEDN is trying to avoid bankruptcy IF it can negotiate the judgment with Lattuca. No one has any evidence QEDN has offered any money or tried to negotiate with Lattuca.
You can see the e-mail where Bahnsen says QEDN is filing bankruptcy in the notes above. She says:
Whether I or Lattuca posts about QEDN doesn't effect the existence of QEDN. Its not like QEDN is a person that dies and is buried. This is why this crazy world of subpennys exists.
Somebody pays some money to someone that owns a majority of shares of a worthless publicly traded company. They then reinstate old taxes and breathe life into the company with a pump.
QEDN was formed on August 21, 2006 and was called IX Systems, Inc., then on December 8, 2006 it changed its name to Guwo Holdings, Inc., then June 22, 2007 changed its name to QED Connect, Inc., then December 21, 2016 changed its name to Inca Worldwide, Inc., then October 18, 2017 changed its name back to QED Connect, Inc.
Its a tale as old as time.
Bahnsen is probably trying to convince someone to buy her majority interest (assuming she has one) in QEDN and telling them that all QEDN has to do is change its name to avoid the Lattuca Judgment. Of course that's not true. If she is successful QEDN might change its name to Kill COVID Facemasks, Inc. or Legal Pot Farms, Inc. or We Have a Goldmine in Colombia, Inc. or We have a Goldmine in Nevada, Inc. or something else topical.
However, since Bahnsen and Purdon have been in control of QEDN it has never produced a product of any kind.
BAHNSEN PERJURED HERSELF AND SUBMITTED FORGED EVIDENCE IN A COURT OF LAW:
I have only been able to verify one announcement from QEDN in five or so years I have been following it. QEDN announced it was going to attend the Big Natural (a healthfood expo in Las Vegas) in June 2017 and that Bahnsen was going to speak at the event. QEDN was present and Bahnsen did speak. See my post 52573. However, QEDN never sold a single inca nut after attending this expo.
Bahnsen is the CEO of QEDN.
The Court Order containing the below can be found in the Lattuca v. GEGI litigation. Blancato is Kate Bahnsen's maiden name and the below order comes from her divorce case in Nevada.
https://apps.stjohnsclerk.com/Benchmark/Home.aspx/Search
Enter the Captcha search Purdon or Genesis Electronics Group
The below order is attached as an exhibit to Docket # 714 (9/28/17)
When does a corporation cease to exist? Even if a corporation is dissolved doesn't is still exist as a dissolved entity and can reinstate in the future. QEDN used to be a dissolved entity until it paid its back taxes to the State of New York.
Even once an entity is dissolved the stock can still be traded. QEDN traded while it was previously dissolved.
I don't think Lattuca can "force QEDN to cease to exist". Lattuca can make it difficult for QEDN to do business. It wasn't Lattuca that shut down QEDN. Bahnsen voluntarily shut it down. She can seek to open QEDN back up but she will have the same problems with Lattuca she has had since 2018.
The ball is in QEDN's Court. It can operate if it wants but it has clearly given up in the fight with Lattuca and merely shut the business down. Its too bad that QEDN did that to their shareholders.
It hasn't withstood anything since 2018. Its share price has been awful and no substantial and sustained increase in share price has occurred since the ability to issue shares was stripped of QEDN.
That's not true. The company has never accomplished anything. Over 5 years ago the company was able to trigger some serious volume. However, thanks to Lattuca we know that is because Bahnsen diluted over 1 billion shares to GPL Ventures. The company hasn't been able to trigger any real volume since the court order prohibited from issuing shares in 2018. Bahnsen and Purdon know how to make a company that accomplishes nothing generate signficant volume but they can't sustain their pumps without issuing shares.
Actually, QEDN doesn't sell Nuts. QEDN has yet to realize any sales. QEDN literally has $0.00 in sales. Its not anywhere close to a $10,000.00 a year business.
Kate Bahnsen is not available. Her e-mail is not functioning. Please provide contact information that works. The last time she posted on the website was May. She has abandoned QEDN and its shareholders.
People are posting that Kate Bahnsen shut down her e-mail account.
Yes and because of Lattuca QEDN cannot issue shares. Prior to Lattcua, Bahnsen and Purdon could issue shares (for a fee) and then issue press releases. This would generate interest until the newly issued shares were dumped.
When Lattuca prevented QEDN from issuing shares he stopped all of this. This is why there hasn't been any real interest in QEDN and why Bahnsen has abandoned QEDN.
Lattuca has everything to due with Bahnsen abandoning QEDN.
It looks like Lattuca won this fight. Bahnsen gave up, closed up shop and deleted her e-mail account.
Kate Bahnsen may not be filing personal bankruptcy (Portions of her bankruptcy are still being litigated in Nevada) but she did send an e-mail stating QEDN was filing bankruptcy.
You are correct in that there is no evidence of an NDA. There is no evidence QEDN has ever had an NDA with any company.
Yes, that is why the TA won't answer questions about share structure.