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The 2018 Annual Report says in 2015 GEGI created Ambrosia Animals. (That was over five years ago). The 2017 Annual Report makes no mention of Ambrosia Animals, which was supposedly in existence for over 2 years when the 2017 Annual Report was filed.
Filings aren't really out.
All of the filings state that on May 26, 2021 Interim Report Financial Statements were posted on www.otcmarkets.com. That is not true no balance sheet, statement of income, statement of cash flows or financial notes were posted on May 26, 2021 as the Annual Report says happened.
Bahnsen made the below two representations, both of which are not true.
ASK BAHNSEN WHO OWNS GREEN MINE SOLUTIONS
Bahnsen says it's not QEDN.
SURE QEDN HAS CLAIMED FUNDING FROM BANCOCOLOMBIA BEFORE
https://www.marketscreener.com/quote/stock/QED-CONNECT-INC-120790540/news/Inca-Worldwide-OTC-Pink-QEDN-announces-GMS-will-work-with-FINAGRO-to-promote-our-ldquo-Sacha-Inc-25542476/
Nothing resulted in the above Bancocolombia pump.
Sure...and I have a bridge in Brooklyn.
Are you suggesting it will never get to a penny again even if QEDN can issue shares?
GEGI is transfer agent verified so the share structure updates every business day. The last update was yesterday 5/24/21. The share structure hasn't changed in years but we will know the day after it does because GEGI is transfer agent verified. GEGI is under Court Order not to issue shares without the consent of its largest creditor, Michael Lattuca. So if the share structure does change it would likely be indicative of some resolution of the Judgment Lattuca has against GEGI.
A lot of people paid over a penny for this stock and it will never get there again until QEDN can issue shares.
The stock is well off its high of $0.0158. Since it hit its high QEDN has been prohibited by Court Order from issuing new shares and has never since achieved the volume that allowed that run. Until QEDN can issue new shares it can't sustain volume and can't sustain any real run.
Ask her what QEDN's sales are. The answer is $0.00.
It shouldn't take long to prepare financials that reflect sales of $0.00.
Here's something else. The big promotors on this board were around for the last pump and pumped the crap out of this stock. Ever since QEDN has been prohibited from issuing shares those promotors vanished.
Interested to hear your thoughts on why the people with lots of followers don't post on this board anymore.
These are publicly traded companies. This isn't a casino. I wouldn't admit that you see no investment value in these companies. The SEC doesn't view the OTC as a casino and there have been some high profile arrests involving people that did view the OTC as a casino.
False pretenses and misinformation is the gas that QEDN runs on. It's been running on misinformation for many years.
Good you're ahead on the gamble. A lot of people don't know when to walk away from the table.
Not sure why you wouldn't care what the CEO of your investment does or says. If she said the right things or really had a product you might have made $1 Million. Everyone but the bagholders know the share price can't be sustained if Bahnsen can't issue shares to the promotors.
PAST PROJECTED EARNINGS OF GEGI:
In 2017, Bahnsen projected the following earnings for GEGI.
Year Tons per day Production per year
2018 30 $7,117,500
2019 90 $21,352,500
2020 180 $42,705,000
Despite the above earnings projection GEGI has $0.00 in sales. How could Bahnsen project such ridiculously high numbers and have $0.00 in sales. Also, notice how GEGI was a gold mine business in 2017 and now it is a pet food business. In 2015 or so GEGI was supposedly a legal marijuana farm. In 2010 or so GEGI was supposedly a company that made solar powered cell phone chargers. In 2023 GEGI will claim it is selling some other product du jour. The one constant over the last ten years is GEGI never makes anything and never sells anything.
https://www.globenewswire.com/news-release/2017/09/15/1123316/0/en/Cacique-Mining-Inc-OTC-Pink-GEGI-announces-its-projections-for-2018-2019-and-2020.html
BAHNSEN PERJURED HERSELF AND SUBMITTED FORGED EVIDENCE IN A COURT OF LAW:
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)
I have been here for years. First time you dealt with GEGI?
We have years of data showing this has never been anything but a Pump and MM Manipulation. What evidence do you have that its not a Pump or MM Manipulation.
You are correct ANYTHING could be in the works. Perhaps GEGI will purchase Texas from the United States and sell it back to Mexico for a nice flip. There is no DD to demonstrate that GEGI is NOT purchasing Texas and ANYTHING could be in the works.
Of course, there is nothing in the works and GEGI has never demonstrated it has even $1 in sales.
I expect a post on Monday explaining why the stop sign is still there.
The very first sentence of GEGI's company profile on www.otcmarkets.com says:
Reinstatement does nothing. It means GEGI paid their annual fee to the State of Nevada, which they last paid in 2019, which was the last time GEGI became an active company in the State of Nevada. GEGI still has $0.00 in sales.
What change are you talking about?
Thanks for the clarification. If that is what he meant he should have used the initials BS.
How does Old Republic (TA) support QEDN accomplishing anything?
Why do you say that? There is no available DD to point to QEDN accomplishing anything.
There has never been any sales and there has never been any product. Just the announcement of news that never comes to fruition.
So QEDN hasn't been chosen to provide any product to anyone? Is there any documentation that QEDN even has any product?
You are probably right. I have said many times before that I don't think Lattuca will collect anything. I am not sure if there has been anything I would call a run but it does look like Lattuca has prevented QEDN from issuing shares. Time will tell if QEDN can get itself current. If it doesn't the SEC will stop it from trading. Not sure if it is acceptable to SEC or OTC that QEDN can't issue shares (even if the shareholders voted to approve issuing shares). At the least, I would think QEDN would have to identify Lattuca as a control person on their financials. As of right now, QEDN hasn't even notified its shareholders that Lattuca has the right to issue shares.
But the shell company is of no value to the custodian when the shell company has significant outstanding judgments against it. I know you said "clean it up" but the judgments remain outstanding and the only way to "clean up" the judgments is to pay them off or come to an arrangement with the judgment creditor. Any sales or assets the shell company makes can just be garnished by the judgment creditor.
QEDN is not even a good shell company because it has almost 3/4 of a Million in judgments owed to Lattuca.
You mean he filed a legal action against QEDN?
And still QEDN has $0.00 in sales.
There is a reason. The Purdon plan. People believe a Purdon related entity will run "for no reason". The truth is that Purdon related entities ran in the past because there was massive dilution that created super high volume. Then there was always a very destructive crash.
Perhaps if QEDN and GEGI can issue shares the dilution that comes with that will drive sustained volume, which in turn will create a very quick rise. We know that no dilution is happening in GEGI because the outstanding shares are verified. In QEDN it seems unlikely dilution is occurring because there is no sustained volume.
The people that are buying simply don't understand that dilution is how QEDN and GEGI were able to create the sustained volume in the past.
Confirmed a couple of years ago. Kate Bahnsen has never paid the $119,000 back to QEDN.
It's possible dilution has occurred more recent because QEDN hasn't paid the Transfer Agent and the number of outstanding shares is not current with the Transfer Agent.
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.
QEDN received $119,000 for the dilution and Kate Bahnsen spent most of that on her personal expenses.
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
The only thing QEDN has ever sold is shares. Dilution is their stock in trade.
Why do you say that?
There has not been any faith in QEDN in a very, very, very long time.
I'll bet you 50 cases of Caymus it won't hit a nickel.