QED Connect Inc (QEDN)

[Slojab]

The last mention of the USAID money was in this pr....

CALI, Colombia, May 10, 2017 /PRNewswire/ -- Inca Worldwide (Pink Sheets: QEDN) has finalized a loan with El Banco Agrario to finance the growth and production of 2,300 hectares. The financing secures the relationship with three independent AfroColombian farming groups. The total financing is for $13,000,000 USD and the bank has agreed to increase the financing as needed by the company. Kate Bahnsen, states, " We now have secured all the financing we need for our company, our farmers, and our manufacturing. The bank will assist us in growing our production. But most importantly will support us as we move closer to approval for USAid." The company expects to make announcements shortly with respect to sales channels on our whole sales and retail distribution

They've only secured the bank loan. Yes? If they have all the money they need from the bank for production, as stated, doesn't that make the USAID money unnecessary in the short term?