Inca Worldwide (OTC:QEDN) announces that it will introduce Sacha Inchi in the US and Canadian Market.
August 9, 2019 -- InvestorsHub NewsWire --
GMS has enough product to start the Daymon Contract and to start selling on Amazon.
Amazon has already give GMS / INCA USD 100,000 on AWS credits.
Colombia has over 2,200 hectares of Sacha Inchi planted and GMS has contracted with enough farmers to bring products to the market.
Sacha Inchi is a seed rich in Omega 3,6,9 and a complete protein with all 9 amino acids.
Sacha Inchi is a real superfood that can penetrate the ethnic market, the non-GMO market, Vegan food, the gluten-free market, the pet food market, the non-lactose milk market, and Omega markets these markets are estimated to be over 107 billion dollars by 2020.
Today the CEO will be discussing with Daymon the best strategy to start the Daymon contract.
The ministry of exports in Colombia is working with GMS to open an account with Amazon and to start delivering products to Amazon warehouse.
Kate Bahnsen CEO said: "We are happy to be in a position to bring Sacha Inchi to the USA market and to start working with Daymon and Amazon to bring our Sacha Inchi Snacks to our shareholders and future consumers.
Inca Worldwide (OTC:QEDN) announces that it will introduce Sacha Inchi in the US and Canadian Market.
August 9, 2019 -- InvestorsHub NewsWire --
GMS has enough product to start the Daymon Contract and to start selling on Amazon.
Amazon has already give GMS / INCA USD 100,000 on AWS credits.
Colombia has over 2,200 hectares of Sacha Inchi planted and GMS has contracted with enough farmers to bring products to the market.
Sacha Inchi is a seed rich in Omega 3,6,9 and a complete protein with all 9 amino acids.
Sacha Inchi is a real superfood that can penetrate the ethnic market, the non-GMO market, Vegan food, the gluten-free market, the pet food market, the non-lactose milk market, and Omega markets these markets are estimated to be over 107 billion dollars by 2020.
Today the CEO will be discussing with Daymon the best strategy to start the Daymon contract.
The ministry of exports in Colombia is working with GMS to open an account with Amazon and to start delivering products to Amazon warehouse.
Kate Bahnsen CEO said: "We are happy to be in a position to bring Sacha Inchi to the USA market and to start working with Daymon and Amazon to bring our Sacha Inchi Snacks to our shareholders and future consumers.
Advantage is a leading business solutions provider committed to driving growth through winning insights and execution.
Advantage’s customizable and technology-enabled sales and marketing solutions -- including headquarter sales, retail merchandising, business intelligence, and a full suite of marketing services -- are designed to help manufacturers and retailers across a broad range of channels drive consumer demand, increase sales, and achieve operating efficiencies.
Headquartered in Irvine, Calif.,
Advantage has offices throughout the United States and Canada and maintains a platform in select markets throughout Africa, Asia, Australia, and Europe through which it can service global needs of multi-national manufacturers.
Advantage is a leading business solutions provider committed to driving growth through winning insights and execution.
Advantage’s customizable and technology-enabled sales and marketing solutions -- including headquarter sales, retail merchandising, business intelligence, and a full suite of marketing services -- are designed to help manufacturers and retailers across a broad range of channels drive consumer demand, increase sales, and achieve operating efficiencies.
Headquartered in Irvine, Calif.,
Advantage has offices throughout the United States and Canada and maintains a platform in select markets throughout Africa, Asia, Australia, and Europe through which it can service global needs of multi-national manufacturers.
Advantage is a leading business solutions provider committed to driving growth through winning insights and execution.
Advantage’s customizable and technology-enabled sales and marketing solutions -- including headquarter sales, retail merchandising, business intelligence, and a full suite of marketing services -- are designed to help manufacturers and retailers across a broad range of channels drive consumer demand, increase sales, and achieve operating efficiencies.
Headquartered in Irvine, Calif.,
Advantage has offices throughout the United States and Canada and maintains a platform in select markets throughout Africa, Asia, Australia, and Europe through which it can service global needs of multi-national manufacturers.
Advantage is a leading business solutions provider committed to driving growth through winning insights and execution.
Advantage’s customizable and technology-enabled sales and marketing solutions -- including headquarter sales, retail merchandising, business intelligence, and a full suite of marketing services -- are designed to help manufacturers and retailers across a broad range of channels drive consumer demand, increase sales, and achieve operating efficiencies.
Headquartered in Irvine, Calif.,
Advantage has offices throughout the United States and Canada and maintains a platform in select markets throughout Africa, Asia, Australia, and Europe through which it can service global needs of multi-national manufacturers.
Advantage is a leading business solutions provider committed to driving growth through winning insights and execution.
Advantage’s customizable and technology-enabled sales and marketing solutions -- including headquarter sales, retail merchandising, business intelligence, and a full suite of marketing services -- are designed to help manufacturers and retailers across a broad range of channels drive consumer demand, increase sales, and achieve operating efficiencies.
Headquartered in Irvine, Calif.,
Advantage has offices throughout the United States and Canada and maintains a platform in select markets throughout Africa, Asia, Australia, and Europe through which it can service global needs of multi-national manufacturers.
Advantage is a leading business solutions provider committed to driving growth through winning insights and execution.
Advantage’s customizable and technology-enabled sales and marketing solutions -- including headquarter sales, retail merchandising, business intelligence, and a full suite of marketing services -- are designed to help manufacturers and retailers across a broad range of channels drive consumer demand, increase sales, and achieve operating efficiencies.
Headquartered in Irvine, Calif.,
Advantage has offices throughout the United States and Canada and maintains a platform in select markets throughout Africa, Asia, Australia, and Europe through which it can service global needs of multi-national manufacturers.
Advantage is a leading business solutions provider committed to driving growth through winning insights and execution.
Advantage’s customizable and technology-enabled sales and marketing solutions -- including headquarter sales, retail merchandising, business intelligence, and a full suite of marketing services -- are designed to help manufacturers and retailers across a broad range of channels drive consumer demand, increase sales, and achieve operating efficiencies.
Headquartered in Irvine, Calif.,
Advantage has offices throughout the United States and Canada and maintains a platform in select markets throughout Africa, Asia, Australia, and Europe through which it can service global needs of multi-national manufacturers.
GMS is on the second phase of Encampo with Fundacion Bancolombia
_________________________________________
Fundacion Bancolombia
opened a program to help small to midsize agriculture and manufacturing companies that have social impact in Colombia to have access of funds, network, shows and other programs from Bancolombia.
GMSpassed the first phase and is on the second phase of this program.
GMS has submitted the required paperwork to be one of the 3-to-5 companies that will be announce in 2020.
Bancolombia
is a full-service financial institution that provides a range of financial products and services to a diversified individual and corporate customer base throughout Colombia, as well as in other jurisdictions, such as
Panama, El Salvador, Puerto Rico, the Cayman Islands, Peru and Guatemala.
The Bank operates in nine segments:
* Banking Colombia * Banking El Salvador * Leasing * Trust * Investment * Brokerage * Off Shore * Pension and Insurance
GMS is on the second phase of Encampo with Fundacion Bancolombia
_________________________________________
Fundacion Bancolombia
opened a program to help small to midsize agriculture and manufacturing companies that have social impact in Colombia to have access of funds, network, shows and other programs from Bancolombia.
GMSpassed the first phase and is on the second phase of this program.
GMS has submitted the required paperwork to be one of the 3-to-5 companies that will be announce in 2020.
Bancolombia
is a full-service financial institution that provides a range of financial products and services to a diversified individual and corporate customer base throughout Colombia, as well as in other jurisdictions, such as
Panama, El Salvador, Puerto Rico, the Cayman Islands, Peru and Guatemala.
The Bank operates in nine segments:
* Banking Colombia * Banking El Salvador * Leasing * Trust * Investment * Brokerage * Off Shore * Pension and Insurance
debuts at the LAC Flavors show today and tomorrow in Cali.
Follow us today at the LAC Flavors show on
* Twitter * Facebook * Insta-gram
LAC Flavors
is one of the key Food and Beverages business forums in the region, connecting hundreds of Latin American and Caribbean (LAC) exporters with buyers/importers from around the world.
This initiative aims to expand and strengthen commercial exchange in the region, contributing to the generation of new business opportunities between SMEs in the food sector and international buyers, through business meetings ("matchmaking").
Over the past 10 years, LAC Flavors generated more than $990 million USD in future transactions following more than 17,000 business meetings held during these events.
This edition of LAC Flavors is organized by the
Inter-American Development Bank,
through
ConnectAmericas,
in collaboration with
ProColombia, the Colombian government's export promotion agency,
On September 4 and 5, Cali will have one of the most important commercial meetings in the continent for the agri-business sector.
This is LAC Flavors, an event that aims to expand and strengthen the commercial exchange between SMEs in Latin America and the Caribbean, and that this year had the registration of 250 buyers from 40 countries, from the United States to Australia, thanks to the management of ProColombia.
There will be 2,500 business meetings at the Valle del Pacífico Events Center in Cali
More than 400 exporting entrepreneurs from 20 countries in Latin America and the Caribbean confirmed their participation.
“This is the first time that LAC Flavors will be held in Cali and it gives us the opportunity to show the world the Colombian agro-export potential.
It should be noted that more than 50% of the buyers invited to this business round table come from destinations with which Colombia has current commercial agreements, so we encourage entrepreneurs to take advantage of these tariff advantages, ”said Flavia Santoro,
met with Kate on Saturday, August 31, 2019, during the event in Medellin "Contruyendo Pais".
Kate explained to President Ivan Duque the problems we had trying to get loans for the farmers and what we need to do to fix those problems and the PNIS
( Programa Nacional Integral de Subtitucion de cultivos ).
President Ivan Duque assigned two advisors Karen Abudinen and Alejandra Vera to work with Kate to solve all the problems so that the Sacha Inchi project under the GMS model will have the full support of the Colombian government.
visited GMS farmers to verify the progress and to get ready to release the first funds to expand the GMS program
____________________________________
El Fondo Colombia en Paz
visited the area of Caucasia where GMS has a contract with the local community and reviewed all the documentation provided by GMS and INCA on Saturday, August 10, 2019.
They reviewed all the documentation and the contracts with the local community.
There are currently over 50 hectares of Sacha Inchi in Caucasia all under contract with GMS and INCA.
The next step will be to release funding to plant more Sacha Inchi.
All documentation is posted on the website.
More on the advance of Sacha Inchi on the APC Colombia
Inca Worldwide (OTC:QEDN) announces that it will introduce Sacha Inchi in the US and Canadian Market.
GMS has enough product to start the Daymon Contract and to start selling on Amazon.
Amazon has already given GMS / INCA USD $100,000 on AWS credits.
Colombia has over 2,200 hectares of Sacha Inchi planted and GMS has contracted with enough farmers to bring products to the market.
Sacha Inchi is a seed rich in Omega 3,6,9 and a complete protein with all 9 amino acids.
Sacha Inchi is a real superfood that can penetrate
* the ethnic market, * the non-GMO market, * Vegan food, * the gluten-free market, * the pet food market, * the non-lactose milk market, * and Omega markets
These markets are estimated to be over $107 billion dollars by 2020.
Today the CEO will be discussing with Daymon the best strategy to start the Daymon contract.
The Ministry of Exports in Colombia is working with GMS to open an account with Amazon and to start delivering products to Amazon warehouse.
Kate Bahnsen CEO said:
" We are happy to be in a position to bring Sacha Inchi to the USA market and to start working with Daymon and Amazon to bring our Sacha Inchi Snacks to our shareholders and future consumers.
Kate was able to contact el Grupo Éxito and started negotiating with the private label department.
We expect to be able to work with el Grupo Exito to make Sacha Inchi with their brand and to sell our Sacha Inchi product in the 2,606 stores of Almacenes Exito in 4 different countries:
* Colombia * Brazil * Uruguay and * Argentina.
Revenue for just the third quarter 2018 was USD $37,309,338.31
AboutGrupo Éxito
Grupo Éxito
also is known as Almacenes Éxito S.A.
is the largest South American retail company.
It operates 2,606 stores in South America.
The stores sell a wide range of food and nonfood products.
Though originally a textiles maker and seller under such brand names as
* Arkitect * People * Bronzini * Pop Rose
recent acquisitions mostly within the last 10–20 years
have further diversified the business making it a major grocer under brand names like Surtimax and Carulla
sales of food products make up about 70-75% of revenue.
At its hypermarkets the largest of which is the Éxito chain
it sells both packaged foods and perishables in addition to department store type products ranging from electronics to furniture.
______________________________________________
Grupo Exito is listed in the Bogota Stock Exchange
is the Chief Economic Advisor to President Duque and is the architect of the Orange Economy strategy for economic development in Colombia.
GMS and Inca Worldwide will present Sacha Inchi is the new Orange Economy of Colombia.
The so-called “orange bonds” are part of the Orange Economy, which refers to a country’s creative industries, one of President Iván Duque’s key proposals during his campaign and the first 100 days of his administration.
President Duque didn’t come up with the idea of the creative economy — that would be British theorist John Howkins — but he, along with fellow Colombian co-author Felipe Buitrago Restrepo,
wrote the original manual that lays out the Orange Economy during his decade at the Inter-American Development Bank (IDB).
Duque has since brought on Buitrago as an adviser to his administration.
_____________________________________________
What Is Colombia's Orange Economy ?
December 04, 2018
Welcome to the
Orange Economy —
Iván Duque's vision to capitalize on Colombia and Latin America's creative wealth.
GMS and Inca Worldwide finished the first workshop of Accelerate Colombia Summer 2019 Cohort.
Only 9 companies, out of over 90 companies that applied for the Accelerate Colombia Summer 2019 Cohort were invited including INCA / GMS
The first workshop was very successful and now we will work every week with our mentors to finish the program and become the first company to finish the Accelerate Colombia Summer 2019 Cohort.
Inca Worldwide/GMS applied for Accelerate Colombia
After a successful lunch meeting with the team of Accelerate Colombia we have applied for the Accelerate Colombia Program.
Accelerate Colombia is an accelerated program that will refine our business plan to participate in the 16 weeks Boston based Accelerate Colombia located on the MIT campus in Cambridge, MA
We will receive an intense US-based entrepreneurial experience to refine our business plans, gain early market access and have the opportunity to secure growth capital.
Accelerate Colombia will support the development of our businesses and our teams through their network of experienced mentors, corporate partners, technologists, leading universities, angel investors and venture capitalists.
While in the accelerator, we will have an opportunity to come to know the unique aspects of the US markets and how to access them to grow our ventures.
When we return to Colombia we will bring much stronger businesses and, just as importantly, knowledge of the US entrepreneurial culture, community, and processes.
In the meeting we had the full support of theArmada with Coronel de I.M.
Nulver Jose Galvis Leguizamon,
Coronel Ronal Ramos y Cadete Cesar Zapata.
The result of the meeting was:
1. The PNIS will provide GMS how many farmers will start growing Sacha Inchi
2. Our project is the most complete project that has been presented
3. as soon the PNIS provide us with the amount of farmers that want to grow Sacha Inchi we will get a complete road map on how to implement GMSSacha inchi project in Colombia
is putting a list together of all the farmers that want to do crop substitution with Sacha Inchi out of the 99,000 families enroll in the PNIS program.
_____________________________________________
The advisor of
Consejería para la Estabilización y Consolidación
wants to discuss in more detail the steps outlined on the proposal.
This program has over 99,000 families under contract with the PNIS to do voluntary crop substitution.
The program is part of the Fondo de la Paz who received funds from the United Nations and other nations to help Colombia to eradicate illegal crops in Colombia.
In the meeting, we had Mercado y Bolsa and Armada National de Colombia supporting ourSacha Inchi project.
The PNIS
askedGMS and Inca Worldwide to submit a complete proposal to put ourSacha Inchi project as the top crop substitution solutions in Colombia.
This complete proposal was submitted on Friday, June 21, 2019
The complete proposal has been posted on the website of
On Thursday we met with the new technical director of PNIS
Programa
Nacional
Integral de
Subtitucion de illicitos
Mercado y Bolsa,
Armada Nacional de Colombia
and
the director of business of presidencia.
During that meeting, we discuss how the program of GMS can be the main program for the PNIS who has over 99,000 families enroll.
What does this mean for GMS and Inca Worldwide ?
To bring our program to a good portion of the 99,000 families will provide GMS and Inca Worldwide the biggest amount of farmers in the world growing Sacha Inchi under contract.
GMS and Inca Worldwide will be able to produce
* Sacha Inchi snacks, * Milk, * Powder * Herbal tea and * Pet food made from Sacha Inchi.
Colombia will have the biggest production of Sacha Inchiin the World and GMS and Inca Worldwide will have that contract.
Inca Worldwide (OTC:QEDN) is meeting with the program of PNIS
Programa
Nacional
Integral de
Substitution de Cultivos
The crop substitution program has been reevaluated and now is being managed by the office of Renovación del Territorio.
Renovación del Territorio in cooperation with Prosperidad Social and the government of Colombia
has invited Inca Worldwide and GMS to discuss the crop substitution program.
In this meeting, we will have
Mercado y Bolsa,
La Bolsa de Valores de Bogota,
la Armada
and
Accelearate Colombia.
This program has over 99.097 families under contract and GMS and Inca Worldwide will work together to bring these contracts to the stock exchange.
This will give the opportunity to convert these contracts into an asset and generate income for the PNIS program.
The government of Colombia will also work with GMS and Inca Worldwide to get other contracts with the USA government, the United Nations, and many embassies like the South Korea embassy to obtain a contract to purchase Sacha Inchi and other products grown by the farmers that are under contract.
GMS and Inca Worldwide has already an INVIMAlicenses to sell Sacha Inchi snacks and powder in Colombia and to export Worldwide.
Drycol has finished theSacha Inchi tea and is working with GMS to process the first batch ofSacha Inchi tea.
Evok the virtual store of el Groupo Nutresa has approved the products of GMS and is working on the first order of Sacha Inchi snacks and Sacha Inchi tea made by Drycol.
The brand Tosh from el Groupo Nutresa is reviewing the products this month and make the first order.
Ingredion SAS is working to provide GMS and INCA Worldwide with a letter of interest to purchase Sacha Inchi powder.
Inca Worldwide (OTC:QEDN) has already a contract to sellSacha Inchi to 60 stores with Daymon.
Inca Worldwide (OTC:QEDN) has signed withAmazon to sell onlineSacha Inchi in the next 60 to 90 days.
The crop substitution program has been reevaluated and now is being managed by the office of Renovación del Territorio.
Renovación del Territorio in cooperation with Prosperidad Social and the government of Colombia
has invited Inca Worldwide and GMS to discuss the crop substitution program.
This program has over 99,097 families under contract and the program has not been able to pay the farmers.
Over 89,796 have only received partial payments and over 41,910 have not received any payments.
There are more Coca Leaves hectares planted now than when the PNIS program started.
Inca Worldwide and GMS have already provided a possible solution to this program and how to promote voluntary crop substitution in Colombia not only using Sacha Inchi but other crops and how to finance this program.
The June 13, 2019 meeting will be to discuss these solutions and to work together with the government and the crop substitution program.
To learn more about the Colombia government program:
has invited GMS and Inca Worldwide to the PLMA. U.S. Private Label Trade Show in Chicago on November 17-19, 2019.
Only 6 companies will participate on the Colombia booth at the PLMA show.
At the 2019 show, more than 1,500 companies from over 55 countries will exhibit their products, including 30 international pavilions.
For more than 35 years, PLMA’s annual U.S. Private Label Trade Show has been the industry event of the year giving access to the growing private label market in the U.S. and Canada, where retailers and wholesalers source for their private label programmers.
From food, snacks and beverages to household and kitchen products, from health and beauty to general merchandise.
Exhibitors range from small and medium-size companies to well-known national brand makers who also supply store brands.
After the successful presentation of our Sacha Inchi at the fair of National de Chocolates last week, the executive committee of the Tosh brand will review our Sacha Inchi products in June.
Nutresa has its own brand of cookies, snacks, infusions, granola, bars, and artisanal products.
Nutresa will carry not only our products for Evok but also for Tosh
Tosh is sold in more than 2,300 stores in South America
the global tea beverage market was estimated to be worth about 49.46 billion U.S. dollars and is forecasted to reach to about 73.13 billion U.S. dollars by 2024
Colombiana de Chocolates has requested final samples of Sacha Inchi to be used in its products.
Colombiana de Chocolates is the biggest buyers of Cacao in Colombia.
Colombiana de Chocolates is part of the Nutresa Group.
Colombina de Chocolates make Sacha Inchi products cover with Chocolates
and sell to Evok and other chains of supermarkets like Exito Group
with more than 2,300 grocery stores in South America.
Samples need to be delivered by May 15, 2019
________________________________________________
About Colombinana de Chocolates
We are part of Grupo Nutresa’s Chocolate Businesses, which has production plants in Costa Rica, Mexico, and Peru, and a wide distribution network that allows us to make our portfolio available in the most strategic regions for our business to grow.
Grupo Nutresa is one the most important players in the food industry in Latin America, operating through eight business units:
* meats,
* cookies,
* chocolates,
* Tresmontes Lucchetti (TMLUC),
* coffees,
* foods for consumers,
* ice creams,
and
* pastas.
It is also the second most reputable company in Colombia according to the 2017 Merco Empresas monitor,
and the second-best employer in the country according to Merco Talento 2017.
finished the test on our Sacha Inchiinfusion (herbal teas) for Nutresa.
We have shipped the first order of herbal tea to Drycol who will packet into bags and add dried fruits to be sold under the Evok brand.
We expect this will be the start of a great business relationship with Drycol and Nutresa.
Drycol SAS
is a Colombian company dedicated to the production of Freeze-dried and Dehydrated foods by hot air and Spray Dry (atomization).
Our plant is located in Mosquera Cundinamarca - Colombia, with the capacity to withdraw 50 tons of water per month, employing on average 60 people who are mostly head of the family.
Inca Worldwide/GMS applied for Accelerate Colombia
After a successful lunch meeting with the team of Accelerate Colombia we have applied for the Accelerate Colombia Program.
Accelerate Colombia is an accelerated program that will refine our business plan to participate in the 16 weeks Boston based Accelerate Colombia located on the MIT campus in Cambridge, MA
We will receive an intense US-based entrepreneurial experience to refine our business plans, gain early market access and have the opportunity to secure growth capital.
Accelerate Colombia will support the development of our businesses and our teams through their network of experienced mentors, corporate partners, technologists, leading universities, angel investors and venture capitalists.
While in the accelerator, we will have an opportunity to come to know the unique aspects of the US markets and how to access them to grow our ventures.
When we return to Colombia we will bring much stronger businesses and, just as importantly, knowledge of the US entrepreneurial culture, community, and processes.
Two times per year, startup companies in Colombia can apply to participate in business plan competitions.
The five winning startups will be invited to come to the 16 week Boston based Accelerate Colombia program for an intensive 16 week acceleration process.
In the Accelerate Colombia offices located on the MIT campus in Cambridge MA, they will receive an intense US-based entrepreneurial experience to refine their business plans, gain early market access and have the opportunity to secure growth capital.
Accelerate Colombia will support the development of these businesses and their teams through our network of experienced mentors, corporate partners, technologists, leading universities, angel investors and venture capitalists.
While in the accelerator, they will have an opportunity to come to know the unique aspects of the US markets and how to access them to grow their ventures.
When they return to Colombia they will bring much stronger businesses and, just as importantly, knowledge of the US entrepreneurial culture, community and processes.
QEDN Events happening this week for Inca Worldwide
Drycol
finished processing the samples for Nutresa and next week we should get final feedback and a possible first order fromNutresa.
Wednesday
Sarah, Michelle and Kate have the lunch meeting with Accelerate Colombia.
Nextrading CEO
is back on Monday from South Korea and should provide us with feedback on the possibility of exportingSacha Inchi Snacks and all the rest of our products to South Koreathe biggest buyer ofSacha Inchi.
This will allow us to export product faster and to have certification like ISO 28001.
An OEA is an Operador Economico Autorizado
that is recognized by Colombian export agencies, Invima, narcotics police and import agencies that are part of the Trade export agreement from Colombia as companies that comply with all the requirements to export Sacha Inchi and any other products.
This will reduce the time to export any of our products.
QEDN - Connecting with Boston Massachusetts Ecosystem
April 15, 2019
Sarah Bahnsen
won a lunch meeting with Accelerate Colombia
On Friday April 12,2019
we participated in the first introduction meeting of Accelerate Colombia an international business platform connecting the Colombian business community with the highly develop startup ecosystem in Boston Massachusetts.
Sarah Bahnsen won the lunch meeting with the Accelerate Colombia team.
Sacha Inchi snacks, Sacha Inchi tea and Sacha Inchi powder.
The samples where received in Japan and they are reviewing the samples at the moment.
Suntory Beverage & Food Ltd.
engages in the manufacture and sale of food products and non-alcoholic beverages.
It operates through the Domestic and International segments.
The Domestic segment produces coffee, mineral water, green and red tea, carbonated beverages, fruit juices, sports and functional drinks, and beverages for specified health use.
The International segment offers products from Europe, Oceania, Asia, and Americas such as the brands
participated in the Business match forum in Bogota.
The event had over 3,000 companies meeting to discuss business in areas of Food, Metalworking, Chemicals, Industry and Fashion.
The highlight of the meetings are:
1 - PRIME FOODS S.A.S. (Exportador) - Colombia
they export 1 container of quinoa a month and want to start with 1 pallet of Sacha Inchi a month initially but expect to have 1 container per month of Sacha Inchi before the end of the year.
is a collective team of industry experts that deliver integrated solutions from brand sales to local and global brands.
As a new brand on the verge of entering the Canadian market, CPG Brand Management offers marketing solutions that include logistics, sales, and marketing resources to build your brand respecting your vision of brands.
They want to help Inca Worldwide/GMS to bring our own brands to the market:
Sacha Inchi, Sacha Powder, Sacha Milk, and Wulff Products a complete line of pet products make with Sacha Inchi.
____________________________________
All the buyers were very impressed with the taste of our Sacha Inchi snacks and Sacha Powder.
Our biggest success was our Sacha Inchi Milk all of buyers want to be the first one to have Sacha Inchi Milk. We expect to have this product in the market mid-June
We are also the only company that has developed Sacha Inchi Milk.
New packet for our Sacha Inchi products made with sugarcane.
GMS started working with Alico a Colombian company to make a biodegrade bag made 100% from sugar cane.
All our samples will be pack on this biodegradable bag.
We present laminated packaging with paper, including products that have structures of different barriers, responding to market trends that promote the use of paper for its natural appearance and its lower environmental impact because it comes from renewable sources.
Sacha Inchi, a thousand-year-old but unknown nut, becomes a replacement alternative for illicit crops.
Still few plant it, although there is great potential.
In the middle of the era of superfoods, a new business opportunity appears for the countryside and, especially, for the areas most affected by illicit crops.
It is the Sacha Inchi, also known as the peanut of the Incas, traditionally cultivated in the Peruvian, Colombian and Ecuadorian Amazon.
Its exceptional properties, since it contains one of the highest levels of omega-3 in a vegetable, have turned it into a fashionable food, as well as into a key input for the cosmetic industry.
Their global demand and the low supply (Peru is the main producer) have made this crop profitable.
So much so that it could substitute illicit crops like coca.
A Sacha Inchi plant begins to produce 7 months after sowing, two months more than coca.
And for the production of one hectare a farmer can receive between $15 million and $18 million, compared to $20 million of coca, which makes it a real substitute.
presides Inca Worldwide, a firm that promotes Sacha Inchi in the country and industrializes it for export.
She explains that other crops with which they have sought to substitute illicit crops take a long time to produce the first harvest (such as cocoa or coffee).
But Sacha Inchi not only produces soon, but, unlike coca, which is now harvested every three months, it is produced every month.
Inca Worldwide buys the crop from some 2,200 farmers in Antioquia, Chocó, Cundinamarca and Guaviare, which is equivalent to about 280 hectares.
Figures from the Ministry of Agriculture indicate that in the country there are some thousand hectares sown, of which 685 are currently producing.
The Putumayo and the Valle del Cauca have more planted area than the rest of the departments.
You can also read:
Peasants who leave illicit crops will have a discount on trademark registration
In Antioquia the crop is growing and there are already 115 hectares sown.
In fact, the Government allocated money from the royalties so that the Eafit, National and Bolivarian Universities could carry out a study about the potential of the crop in the department.
Jaime Garzón,
Secretary of Agriculture of Antioquia, argues that this product can be an important line for the department.
Therefore, they want to promote it in an orderly manner, after analyzing the vocation of the land of the nine regions of Antioquia.
They have realized that it works in municipalities affected by the conflict, such as some of the Magdalena Medio and Bajo Cauca.
That is why they proposed to the High Commissioner for Peace to consider Sacha Inchi not only as a substitute crop, but also to promote peace.
How is it consumed ?
The Sacha Inchi plant generates three main products: almond, oil and cake.
For its properties it is considered a very good substitute for flaxseed oil and fish oil (it has 17 times more omega-3 than salmon).
In protein it replaces soy, egg and dairy products and is in the growing category of nutraceuticals, that is, medicinal products made with natural ingredients.
Regarding the cosmetic use, Sacha Inchi oil serves to care for the skin as an antioxidant and leaves it smooth and soft (without fat).
It works very well as a moisturizer.
It is also used in moderate amounts for washing and hair treatments.
All this becomes an opportunity for the country to focus on its cultivation, with other nations such as China, which already have 700,000 hectares sown, and also in its industrial process.
Inca Worldwide operates a plant in Turbo where it processes the star Sacha Inchi, as it is harvested, to a seed, which is then converted into a snack such as peanuts, flour, milk (such as almond or soy), tea and a concentrated food for pets.
Bahnsen maintains that they have already invested US $1.5 million in the entire process of collection and production of derivatives and that they already have customers at supermarkets in the United States.
They would like to get to Korea or Japan, where these types of products are very popular.
In 2018, they exported 239 tons of Colombian Sacha Inchi, mainly to Peru, Ecuador, Panama, Denmark and the Netherlands.
The American NGO ACDI / VOCA, which promotes sustainable economic growth in vulnerable communities, highlights the work of the Agrosolidaria de Florencia (Caquetá) association in its Colombian chapter.
It stands out that one of the virtues of this crop is that it germinates despite the harsh conditions of the Amazon-intense rain, incessant heat, acid soils.
In addition, as a perennial plant, it produces crops throughout the year, which means that producers have increased their monthly income by almost 50%.
The business model has worked because Agrosolidaria guarantees the purchase of the entire crop from the producers.
And then process it to produce the oil, which already has an Invímaregistration, which facilitates its export.
With the Sacha Inchi Colombia, it can advance firmly towards an effective strategy of crop substitution.
Fashion business
Although the Sacha Inchi is a thousand-year-old plant cultivated by the Incas, in Colombia they barely know it, while US food chains such as Whole Foods have it on their shelves.
This fashionable food has nine amino acids, which for experts means it can replace the meat.
Help with blood pressure by strengthening the heart; reduces the levels of cholesterol in the blood; streamlines brain functions linked to memory, intelligence and rationing;
It serves as an antioxidant and, most importantly, from the point of view of business, is that they attribute slimming properties.
According to an investigation by the US market intelligence agency Mintel Global New Products Database, the number of new products containing components called superfoods has increased more than 200% between 2011 and 2015.
In addition, it expects its sales to exceedUS $300,000 million for 2020 only in the United States.
Results of meeting with Evok part of Nutresa Group
During our meeting with Evok part of the Nutresa Group, we agree to put together a packet of products that can be sold inside the high-end stores of Evok and on its website. https://www.evok.com.co/tiendas/.
This will allow us to test the market in Colombia before starting to sell our products outside of Colombia.
On March 1, 20019 we will meet again to show what products could be sold inside Evok stores and on its website.
First product development meeting with Evok the product development group from Nutresa that focus on ancestral herbs, fruits, and seeds in Colombia
Evok, an 'intra-enterprise' from Nutresa that wants to return to the basics and the natural with a portfolio that includes: chocolates, infusions, fruits and bakery, products made from raw materials ancestral as herbs, seed, and fruits in Colombia.
During this meeting, we will discuss what product Evok wants to make for Nutresa and what the next steps will be to obtain our initial letter of interest and a distribution agreement
President Ivan Duque meets with President Donald Trump at the White House on February 13, 2019
President Donald J. Trump and First Lady Melania Trump
welcome
President Ivan Duque Marquez and First Lady Maria Juliana Ruiz Sandoval of Colombia
to the White House on Wednesday, February 13, 2019.
President Trump and President Duque
will build upon the strong partnership that exists between their nations in pursuit of a more prosperous, secure, and democratic Western Hemisphere.
The leaders expect to discuss their commitment to pro-growth policies, combating terrorism and illicit narcotic networks, strategic partnerships in regional security, and efforts to restore democracy in Venezuela.
First annual meeting with Colsacha in Bogota February 13, 2019
Today we are having the first official meeting in Bogota with Colsacha the official association of Sacha Inchi in Bogota.
Colsacha is the organization of growers, transformers and exporters of Sacha Inchi.
The organization is working to be recognized as the main group to represent the interest of Sacha Inchi in Colombia.
We will also meet with Organizaciones Solidarias to discuss the plan to be presented to the president Ivan Duque.
Kate will meet with a representative of el procurador de la Paz.
Kate will also be at the US embassy to discuss the support of the embassy and to see if we can talk with the FBI at the US embassy on the stock manipulation case.
We will update everybody tomorrow on all these meetings.
President Ivan Duque to meet with President Donald Trump at the White House on February 13, 2019
President Donald J. Trump and First Lady Melania Trump
will welcome
President Ivan Duque Marquez and First Lady Maria Juliana Ruiz Sandoval of Colombia
to the White House on Wednesday, February 13, 2019.
President Trump and President Duque
will build upon the strong partnership that exists between their nations in pursuit of a more prosperous, secure, and democratic Western Hemisphere.
The leaders expect to discuss their commitment to pro-growth policies, combating terrorism and illicit narcotic networks, strategic partnerships in regional security, and efforts to restore democracy in Venezuela.
Sacha Inchi products on Alibaba compare to the quality of products of Inca Worldwide
China and Vietnam started growing Sacha Inchi seed for the last 5 years but they have failed to penetrate the market in the USA and Europe.
Sacha Inchi seeds have a very dry taste if they are not roasted properly.
Alibaba has many sites selling Sacha Inchi seed raw and the roasted Sacha Inchi seeds but there is no feedback on the taste.
All the Sacha Inchi roasted seed on Amazon have very poor reviews on the taste.
Peru has been banned from selling Sacha Inchi seeds to South Korea the biggest buyer of Sacha Inchi seeds in the world because the seeds were contaminated.
On 2015-02-11, the FDA announced that Sunfood is conducting a recall on Organic Sacha Inchi Powder due to possible contamination with Staphylococcus aureus enterotoxin.
The recalled products were sold under the brand name(s) Sunfood during an unspecified time period throughout the regions shown in the map below.
Ingredion Colombia SA met with the CEO of Inca Worldwide (OTC-QEDN) in December 2018 to discuss the possibility of adding Sacha Inchi Powder to the current products.
After the meeting, both companies signed an NDA.
Ingredion Colombia SA sent the Sacha Inchi Powder samples for analysis and now we have started the second phase of product development.
Ingredion Colombia SA produces formulas for children, pregnant women and people over 62.
These formulas are sold to different Colombian government programs.
GMS and Ingredion Colombia SA will continue to work together to develop formulas that can be provided to farmers that grow Sacha Inchi at a low cost.
This way our farmers can benefit from the Sacha Inchi they grow.
We expect to have twoDistribution Contracts before the end of the first quarter of 2019.
One Distribution Contract for Grupo Nutresa and one Distribution Contract for Ingredion Colombia SA
Nutresa moves to product development stage with GMS and Inca Worldwide
Kate Bahnsen the CEO of Inca Worldwide (OTC:QEDN) and GMS met yesterday January 30, 2019 in Nutresa with the director of product development of Noel S.A., the director of Fundacion Nutresa, the head of purchasing department of Grupo Nutresa and the director of sustainable products.
During that meeting, it was agreed to start working with Noel to add Sacha Inchi Powder to their current products.
It was also discussed if el Grupo Nutresa could packet Sacha Inchi for their own products, for GMS and for customers that want to have their own Sacha Inchi brand products.
After this product development is done we discuss that GMS will get a letter of interest and then suppliers agreement contract from Grupo Nutresa.
Grupo Nutresa, formerlyGrupo Nacional de Chocolates S.A. is a food-processing conglomerate headquartered in Medellín, Colombia.
The group's principal activities are producing, distributing, and selling cold cuts, biscuits, chocolates, coffee, ice cream, and pasta
Updates to Bylaws of QED Connect QEDN to protect shareholders.
The board of directors has updated the bylaws to include under section 7 according to New York BSC-Business Corporation Article 11 that no debt holders or any person or legal entity that claim to have any lawsuit or debt against the Corporation will be allow to have any shares with voting rights.
QEDN common shares are the only type of free trading shares in the market.
Common shares don't have any voting rights per the bylaws establish in June 22, 2007 with the State of New York.
Only prefer shares have voting right and they are not free trading shares.
The creating of the Association of Colsacha is official.
We have created the Association of Colsacha.
This association will represent all the companies that grow, transform, sell in Colombia and export outside of Colombia Sacha Inchi and its products.
GMS is part of the board of directors of the 13 companies that make part of this association. The ministry of agriculture is creating the value chain of Sacha Inchi where we have farmers, associations, transformers, and buyers all working together.
A similar model of the Coffee Federation that has been very successful.
GMS is representing the following states (Departments) Antioquia, Choco, Cauca, and Guaviare.
Inca Worldwide and GMS moves forward with Nutresa January 29, 2019
Dear Shareholders, Followers, and Consumers:
Our management team will meet on January 29, 2019, with Fundacion Nutresa and its management team.
Fundacion Nutresa has reviewed the project and wants to incorporate our snacks, protein, and milk to their products. We expect to have a clear plan after this meeting on how we can work with Nutresa.
Grupo Nutresa has accelerated its expansion process by acquiring companies with significant tradition and recognition in the strategic region, whose own history is reflected in the following timeline.
Organizaciones Solidarias will finance 2,000 hectares Yesterday we met with Rafael Gonzales national director of Organizaciones Solidarias, a division of the Colombian.
This institution creates organize projects for the Colombian government their mission is;
"Promote, strengthen and develop social-business that are organizations to generate development in different regions of the country."
met with Rafael Gonzales director of Organizaciones Solidarias to lay out how we will work with the government and to finalized the main document that will be presented to the government.
We also meet with the representative of the Prosecutor for Peace in Bogota who is reviewing the cases and should make a determination before the end of the month.
We have been referring to the District Attorney in
Jacksonville, Florida, Newark, New Jersey, and New York
to start an investigation not only by the FBI but also by the District Attorney against
* Lattucca, * Lisa Purdon, * Brad Hughes and * Cosmin Panai
for Stock manipulation.
The posting regarding any type of sanctions are from a small court in Florida and is again another stock manipulation tactic and will not affect the companies.
The companies are not registered in Florida or do business in Florida.
This is a highly organized fraud case manage by these individuals that are now in the hands of the proper authorities.
_________________________________
Tomorrow, Tuesday, January 22, 2019, we will meet withRafael Gonzales director of Organizaciones Solidarias to lay out how we will work with the government and to finalized the main document that will be presented to the government.
We are also meeting with the president of el Banco Agrario Francisco José Mejía Sendoya to finalize the loans to farmers ofSacha Inchi.
We are please to announce the USDA (United States Department of Agriculture)
has allowed Sacha Inchi products for consumption from Inca Worldwide (OTC-QEDN) to enter the US.
All seeds need to be inspected by the USDA, the customs and boarder protection, Agriculture Quarantine Inspection (CBP-AQI) or Plant Protection and Quarantine (PPQ).
The INVIMA certification is the equivalent to theFDA the United States Food & Drug License to Sell & Ship to Stores in the USA but we also needed the USDA approval to ship to the USA.
Now all our products can leave Colombia and enter the USA with all required permits from Colombia and the USA.
The project will be funded by the government of Colombia.
The initial budget that Funge stores has proposed to the PNUD is $1,430,746,100 Colombian Pesos or $476,915 USD to establish two pilots, one in Guaviare and one in Putumayo, two of the most important states or departamentos in Colombia that required crop substitution.
The project in Guaviare will require GMS and Funge stores to work directly with Farc,
“Armando Ríos” del Frente 1.
The government of Colombia has allocated $19,000,000 Colombian pesos or $6,333 USD per family to do crop substitution.
The project will have required Funge stores and GMS to complete the establishment of the first 200 hectares in Guaviare and 200 hectares in Putumayo in 4 months.
After this stage is completed we can expand to Taraza Antioquia, which has 4,000 farmers that are already signed up, and then to a good portion of the 96,000 hectares of Coca leaves that are concentrated in Putumayo, Guaviare, Nariño and Norte de Santander.
Kate Bahnsen, CEO of Inca Worldwide, states:
“This is a very big milestone for our project. Working directly with the PNUD and having a project funded directly by the government, show the support of the government and the commitment of the government to do substitution of Coca leaves with Sacha Inchi.”
is forcing Colombia to eradicate at least 50,000 hectares of Coca leaves before end of 2017.
Our project wants to have at least 25% of these farmers enroll in our Sacha Inchi project by 2018
all funded by FINAGRO.
This will mean our project will have 12,500 hectares of Sacha Inchi
or a production of 70,000 tons of Sacha Inchi
by 2019.
__________________________________________
FINAGRO
The Fund for Financing the Agricultural Sector, is an entity that promotes the development of the Colombian rural sector, with financing and rural development instruments, which stimulate investment.
It is a mixed economy society of the national order, organized as a credit establishment, with a special regime, linked to the Ministry of Agriculture and Rural Development and supervised by the Financial Superintendence of Colombia.
FINAGRO acts as a second-tier entity, that is, it grants resources under conditions of promotion to financial institutions, so that they in turn grant credits to productive projects.
Likewise, to facilitate access to financing,
FINAGRO administers instruments for the development of its agricultural project.
The Company operates a processing plant and warehouse in Florida, Colombia to de-shell, hydrate, and prepare the Sacha Inchi seeds for export.
The seeds are then transported to the USA to a roasting company for final preparation, seasoning, roasting, and packaging in “retail ready” bags.
The products are marketed through retailers and other outlets under their private label as well as the company’s brand “Inca Snacks” in the USA, Canada, Japan, Europe and China.
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 Afro Colombian 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 US Aid."
The company expects to make announcements shortly with respect to sales channels on our whole sales and retail distribution.
QED Connect announces new projections due to recent developments.
Kate Bahnsen, CEO, states,
"Because of the recent new relationships we have established, and our unique ability to control supply, and ultimately create an unique product we are forced to increase our projections.
As part of the company's promise to shareholders to maintain transparency we are posting them on our website.
Based on our present strategy for year 2018 our sales will be in excess of $175,000,000 USD with $119,000,000 USD in profit.
This is an exciting time for us as we continue to work with our farmers."
As previously stated all of the funding for this project will be funded by El Banco Agrario.
_________________________________
About Inca Worldwide
Inca Worldwide is a public listed company on the OTC under the symbol QEDN.
Our project offers an alternative to Farmers in Colombia to grow crops like Inca Seeds (Sacha Inchi) instead of Coca Plants.
Our Inca Seeds (Roasted Sacha Inchi) a complete protein with all 9-essential amino-acids rich in Omega 3, 6 & 9 and an antioxidant.
A real Super-food.
Sold toprivate brands and our own brandInca Snacks.
Impulse Wave 1 - The Accumulation Stage the Wave right after a prolonged downtrend.
Wave 1
The stock makes its initial move upwards. This is usually caused by a relatively small number of people that all of the sudden (for a variety of reasons, real or imagined) feel that the price of the stock is cheap so it’s a perfect time to buy. This causes the price to rise.
Wave 2 - Stock Declines
At this point, enough people who were in the original wave consider the stock overvalued and take profits. This causes the stock to go down. However, the stock will not make it to its previous lows before the stock is considered a bargain again
Wave 3
This is usually the longest and strongest wave. The stock has caught the attention of the mass public. More people find out about the stock and want to buy it. This causes the stock’s price to go higher and higher. This wave usually exceeds the high created at the end of Wave 1.
Wave 4
Traders take profits because the stock is considered expensive again. This Wave tends to be weak because there are usually more people that are still bullish on the stock and are waiting to “buy on the dips.”
Wave 5
This is the point that most people get in on the stock, and is mostly driven by hysteria. You usually start seeing the CEO of the company on the front page of major magazines as the Person of the Year. Traders and investors start coming up with ridiculous reasons to buy the stock and try to choke you when you disagree with them.
This is when the stock becomes the most overpriced. Contrarians start shorting the stock which starts the ABC pattern.
Advantage is a leading business solutions provider committed to driving growth through winning insights and execution.
Advantage’s customizable and technology-enabled sales and marketing solutions -- including headquarter sales, retail merchandising, business intelligence, and a full suite of marketing services -- are designed to help manufacturers and retailers across a broad range of channels drive consumer demand, increase sales, and achieve operating efficiencies.
Headquartered in Irvine, Calif.,
Advantage has offices throughout the United States and Canada and maintains a platform in select markets throughout Africa, Asia, Australia, and Europe through which it can service global needs of multi-national manufacturers.
because they have to Cover their "Short Positions" !
* They lose money as the stock climbs !
* Your Buying, Forces them to Buy,
and their Buying, causes the stock to Climb Higher !
Slap-the-Ask and Your stock will Climb FAST !
The possibility of a "Short Squeeze"
Short Squeeze - What it is:
A short squeeze occurs when the stock's price doesn't decline as anticipated.
A short squeeze is a situation in which a stock's price increase triggers a rush of buying activity among short sellers.
Short sellers must buy stock to close out their short positions and cut their losses, which results in a further increase in stock prices, which compel still more short sellers to cover their positions.
The possibility of a "short squeeze" is one reason some analysts look at a high amount of short interest as a Bullish Indicator.
Short Interest is the fuel, performance is the fuse, says ShortSqueeze.com
Advantage is a leading business solutions provider committed to driving growth through winning insights and execution.
Advantage’s customizable and technology-enabled sales and marketing solutions -- including headquarter sales, retail merchandising, business intelligence, and a full suite of marketing services -- are designed to help manufacturers and retailers across a broad range of channels drive consumer demand, increase sales, and achieve operating efficiencies.
Headquartered in Irvine, Calif.,
Advantage has offices throughout the United States and Canada and maintains a platform in select markets throughout Africa, Asia, Australia, and Europe through which it can service global needs of multi-national manufacturers.
GMS is on the second phase of Encampo with Fundacion Bancolombia
_________________________________________
Fundacion Bancolombia
opened a program to help small to midsize agriculture and manufacturing companies that have social impact in Colombia to have access of funds, network, shows and other programs from Bancolombia.
GMSpassed the first phase and is on the second phase of this program.
GMS has submitted the required paperwork to be one of the 3-to-5 companies that will be announce in 2020.
Bancolombia
is a full-service financial institution that provides a range of financial products and services to a diversified individual and corporate customer base throughout Colombia, as well as in other jurisdictions, such as
Panama, El Salvador, Puerto Rico, the Cayman Islands, Peru and Guatemala.
The Bank operates in nine segments:
* Banking Colombia * Banking El Salvador * Leasing * Trust * Investment * Brokerage * Off Shore * Pension and Insurance
debuts at the LAC Flavors show today and tomorrow in Cali.
Follow us today at the LAC Flavors show on
* Twitter * Facebook * Insta-gram
LAC Flavors
is one of the key Food and Beverages business forums in the region, connecting hundreds of Latin American and Caribbean (LAC) exporters with buyers/importers from around the world.
This initiative aims to expand and strengthen commercial exchange in the region, contributing to the generation of new business opportunities between SMEs in the food sector and international buyers, through business meetings ("matchmaking").
Over the past 10 years, LAC Flavors generated more than $990 million USD in future transactions following more than 17,000 business meetings held during these events.
This edition of LAC Flavors is organized by the
Inter-American Development Bank,
through
ConnectAmericas,
in collaboration with
ProColombia, the Colombian government's export promotion agency,
On September 4 and 5, Cali will have one of the most important commercial meetings in the continent for the agri-business sector.
This is LAC Flavors, an event that aims to expand and strengthen the commercial exchange between SMEs in Latin America and the Caribbean, and that this year had the registration of 250 buyers from 40 countries, from the United States to Australia, thanks to the management of ProColombia.
There will be 2,500 business meetings at the Valle del Pacífico Events Center in Cali
More than 400 exporting entrepreneurs from 20 countries in Latin America and the Caribbean confirmed their participation.
“This is the first time that LAC Flavors will be held in Cali and it gives us the opportunity to show the world the Colombian agro-export potential.
It should be noted that more than 50% of the buyers invited to this business round table come from destinations with which Colombia has current commercial agreements, so we encourage entrepreneurs to take advantage of these tariff advantages, ”said Flavia Santoro,
met with Kate on Saturday, August 31, 2019, during the event in Medellin "Contruyendo Pais".
Kate explained to President Ivan Duque the problems we had trying to get loans for the farmers and what we need to do to fix those problems and the PNIS
( Programa Nacional Integral de Subtitucion de cultivos ).
President Ivan Duque assigned two advisors Karen Abudinen and Alejandra Vera to work with Kate to solve all the problems so that the Sacha Inchi project under the GMS model will have the full support of the Colombian government.
visited GMS farmers to verify the progress and to get ready to release the first funds to expand the GMS program
____________________________________
El Fondo Colombia en Paz
visited the area of Caucasia where GMS has a contract with the local community and reviewed all the documentation provided by GMS and INCA on Saturday, August 10, 2019.
They reviewed all the documentation and the contracts with the local community.
There are currently over 50 hectares of Sacha Inchi in Caucasia all under contract with GMS and INCA.
The next step will be to release funding to plant more Sacha Inchi.
All documentation is posted on the website.
More on the advance of Sacha Inchi on the APC Colombia
Inca Worldwide (OTC:QEDN) announces that it will introduce Sacha Inchi in the US and Canadian Market.
GMS has enough product to start the Daymon Contract and to start selling on Amazon.
Amazon has already given GMS / INCA USD $100,000 on AWS credits.
Colombia has over 2,200 hectares of Sacha Inchi planted and GMS has contracted with enough farmers to bring products to the market.
Sacha Inchi is a seed rich in Omega 3,6,9 and a complete protein with all 9 amino acids.
Sacha Inchi is a real superfood that can penetrate
* the ethnic market, * the non-GMO market, * Vegan food, * the gluten-free market, * the pet food market, * the non-lactose milk market, * and Omega markets
These markets are estimated to be over $107 billion dollars by 2020.
Today the CEO will be discussing with Daymon the best strategy to start the Daymon contract.
The Ministry of Exports in Colombia is working with GMS to open an account with Amazon and to start delivering products to Amazon warehouse.
Kate Bahnsen CEO said:
" We are happy to be in a position to bring Sacha Inchi to the USA market and to start working with Daymon and Amazon to bring our Sacha Inchi Snacks to our shareholders and future consumers.
Kate was able to contact el Grupo Éxito and started negotiating with the private label department.
We expect to be able to work with el Grupo Exito to make Sacha Inchi with their brand and to sell our Sacha Inchi product in the 2,606 stores of Almacenes Exito in 4 different countries:
* Colombia * Brazil * Uruguay and * Argentina.
Revenue for just the third quarter 2018 was USD $37,309,338.31
AboutGrupo Éxito
Grupo Éxito
also is known as Almacenes Éxito S.A.
is the largest South American retail company.
It operates 2,606 stores in South America.
The stores sell a wide range of food and nonfood products.
Though originally a textiles maker and seller under such brand names as
* Arkitect * People * Bronzini * Pop Rose
recent acquisitions mostly within the last 10–20 years
have further diversified the business making it a major grocer under brand names like Surtimax and Carulla
sales of food products make up about 70-75% of revenue.
At its hypermarkets the largest of which is the Éxito chain
it sells both packaged foods and perishables in addition to department store type products ranging from electronics to furniture.
______________________________________________
Grupo Exito is listed in the Bogota Stock Exchange
is the Chief Economic Advisor to President Duque and is the architect of the Orange Economy strategy for economic development in Colombia.
GMS and Inca Worldwide will present Sacha Inchi is the new Orange Economy of Colombia.
The so-called “orange bonds” are part of the Orange Economy, which refers to a country’s creative industries, one of President Iván Duque’s key proposals during his campaign and the first 100 days of his administration.
President Duque didn’t come up with the idea of the creative economy — that would be British theorist John Howkins — but he, along with fellow Colombian co-author Felipe Buitrago Restrepo,
wrote the original manual that lays out the Orange Economy during his decade at the Inter-American Development Bank (IDB).
Duque has since brought on Buitrago as an adviser to his administration.
_____________________________________________
What Is Colombia's Orange Economy ?
December 04, 2018
Welcome to the
Orange Economy —
Iván Duque's vision to capitalize on Colombia and Latin America's creative wealth.
GMS and Inca Worldwide finished the first workshop of Accelerate Colombia Summer 2019 Cohort.
Only 9 companies, out of over 90 companies that applied for the Accelerate Colombia Summer 2019 Cohort were invited including INCA / GMS
The first workshop was very successful and now we will work every week with our mentors to finish the program and become the first company to finish the Accelerate Colombia Summer 2019 Cohort.
Inca Worldwide/GMS applied for Accelerate Colombia
After a successful lunch meeting with the team of Accelerate Colombia we have applied for the Accelerate Colombia Program.
Accelerate Colombia is an accelerated program that will refine our business plan to participate in the 16 weeks Boston based Accelerate Colombia located on the MIT campus in Cambridge, MA
We will receive an intense US-based entrepreneurial experience to refine our business plans, gain early market access and have the opportunity to secure growth capital.
Accelerate Colombia will support the development of our businesses and our teams through their network of experienced mentors, corporate partners, technologists, leading universities, angel investors and venture capitalists.
While in the accelerator, we will have an opportunity to come to know the unique aspects of the US markets and how to access them to grow our ventures.
When we return to Colombia we will bring much stronger businesses and, just as importantly, knowledge of the US entrepreneurial culture, community, and processes.
In the meeting we had the full support of theArmada with Coronel de I.M.
Nulver Jose Galvis Leguizamon,
Coronel Ronal Ramos y Cadete Cesar Zapata.
The result of the meeting was:
1. The PNIS will provide GMS how many farmers will start growing Sacha Inchi
2. Our project is the most complete project that has been presented
3. as soon the PNIS provide us with the amount of farmers that want to grow Sacha Inchi we will get a complete road map on how to implement GMSSacha inchi project in Colombia
is putting a list together of all the farmers that want to do crop substitution with Sacha Inchi out of the 99,000 families enroll in the PNIS program.
_____________________________________________
The advisor of
Consejería para la Estabilización y Consolidación
wants to discuss in more detail the steps outlined on the proposal.
This program has over 99,000 families under contract with the PNIS to do voluntary crop substitution.
The program is part of the Fondo de la Paz who received funds from the United Nations and other nations to help Colombia to eradicate illegal crops in Colombia.
In the meeting, we had Mercado y Bolsa and Armada National de Colombia supporting ourSacha Inchi project.
The PNIS
askedGMS and Inca Worldwide to submit a complete proposal to put ourSacha Inchi project as the top crop substitution solutions in Colombia.
This complete proposal was submitted on Friday, June 21, 2019
The complete proposal has been posted on the website of
On Thursday we met with the new technical director of PNIS
Programa
Nacional
Integral de
Subtitucion de illicitos
Mercado y Bolsa,
Armada Nacional de Colombia
and
the director of business of presidencia.
During that meeting, we discuss how the program of GMS can be the main program for the PNIS who has over 99,000 families enroll.
What does this mean for GMS and Inca Worldwide ?
To bring our program to a good portion of the 99,000 families will provide GMS and Inca Worldwide the biggest amount of farmers in the world growing Sacha Inchi under contract.
GMS and Inca Worldwide will be able to produce
* Sacha Inchi snacks, * Milk, * Powder * Herbal tea and * Pet food made from Sacha Inchi.
Colombia will have the biggest production of Sacha Inchiin the World and GMS and Inca Worldwide will have that contract.
Inca Worldwide (OTC:QEDN) is meeting with the program of PNIS
Programa
Nacional
Integral de
Substitution de Cultivos
The crop substitution program has been reevaluated and now is being managed by the office of Renovación del Territorio.
Renovación del Territorio in cooperation with Prosperidad Social and the government of Colombia
has invited Inca Worldwide and GMS to discuss the crop substitution program.
In this meeting, we will have
Mercado y Bolsa,
La Bolsa de Valores de Bogota,
la Armada
and
Accelearate Colombia.
This program has over 99.097 families under contract and GMS and Inca Worldwide will work together to bring these contracts to the stock exchange.
This will give the opportunity to convert these contracts into an asset and generate income for the PNIS program.
The government of Colombia will also work with GMS and Inca Worldwide to get other contracts with the USA government, the United Nations, and many embassies like the South Korea embassy to obtain a contract to purchase Sacha Inchi and other products grown by the farmers that are under contract.
GMS and Inca Worldwide has already an INVIMAlicenses to sell Sacha Inchi snacks and powder in Colombia and to export Worldwide.
Drycol has finished theSacha Inchi tea and is working with GMS to process the first batch ofSacha Inchi tea.
Evok the virtual store of el Groupo Nutresa has approved the products of GMS and is working on the first order of Sacha Inchi snacks and Sacha Inchi tea made by Drycol.
The brand Tosh from el Groupo Nutresa is reviewing the products this month and make the first order.
Ingredion SAS is working to provide GMS and INCA Worldwide with a letter of interest to purchase Sacha Inchi powder.
Inca Worldwide (OTC:QEDN) has already a contract to sellSacha Inchi to 60 stores with Daymon.
Inca Worldwide (OTC:QEDN) has signed withAmazon to sell onlineSacha Inchi in the next 60 to 90 days.
The crop substitution program has been reevaluated and now is being managed by the office of Renovación del Territorio.
Renovación del Territorio in cooperation with Prosperidad Social and the government of Colombia
has invited Inca Worldwide and GMS to discuss the crop substitution program.
This program has over 99,097 families under contract and the program has not been able to pay the farmers.
Over 89,796 have only received partial payments and over 41,910 have not received any payments.
There are more Coca Leaves hectares planted now than when the PNIS program started.
Inca Worldwide and GMS have already provided a possible solution to this program and how to promote voluntary crop substitution in Colombia not only using Sacha Inchi but other crops and how to finance this program.
The June 13, 2019 meeting will be to discuss these solutions and to work together with the government and the crop substitution program.
To learn more about the Colombia government program:
has invited GMS and Inca Worldwide to the PLMA. U.S. Private Label Trade Show in Chicago on November 17-19, 2019.
Only 6 companies will participate on the Colombia booth at the PLMA show.
At the 2019 show, more than 1,500 companies from over 55 countries will exhibit their products, including 30 international pavilions.
For more than 35 years, PLMA’s annual U.S. Private Label Trade Show has been the industry event of the year giving access to the growing private label market in the U.S. and Canada, where retailers and wholesalers source for their private label programmers.
From food, snacks and beverages to household and kitchen products, from health and beauty to general merchandise.
Exhibitors range from small and medium-size companies to well-known national brand makers who also supply store brands.
After the successful presentation of our Sacha Inchi at the fair of National de Chocolates last week, the executive committee of the Tosh brand will review our Sacha Inchi products in June.
Nutresa has its own brand of cookies, snacks, infusions, granola, bars, and artisanal products.
Nutresa will carry not only our products for Evok but also for Tosh
Tosh is sold in more than 2,300 stores in South America
the global tea beverage market was estimated to be worth about 49.46 billion U.S. dollars and is forecasted to reach to about 73.13 billion U.S. dollars by 2024
Colombiana de Chocolates has requested final samples of Sacha Inchi to be used in its products.
Colombiana de Chocolates is the biggest buyers of Cacao in Colombia.
Colombiana de Chocolates is part of the Nutresa Group.
Colombina de Chocolates make Sacha Inchi products cover with Chocolates
and sell to Evok and other chains of supermarkets like Exito Group
with more than 2,300 grocery stores in South America.
Samples need to be delivered by May 15, 2019
________________________________________________
About Colombinana de Chocolates
We are part of Grupo Nutresa’s Chocolate Businesses, which has production plants in Costa Rica, Mexico, and Peru, and a wide distribution network that allows us to make our portfolio available in the most strategic regions for our business to grow.
Grupo Nutresa is one the most important players in the food industry in Latin America, operating through eight business units:
* meats,
* cookies,
* chocolates,
* Tresmontes Lucchetti (TMLUC),
* coffees,
* foods for consumers,
* ice creams,
and
* pastas.
It is also the second most reputable company in Colombia according to the 2017 Merco Empresas monitor,
and the second-best employer in the country according to Merco Talento 2017.
finished the test on our Sacha Inchiinfusion (herbal teas) for Nutresa.
We have shipped the first order of herbal tea to Drycol who will packet into bags and add dried fruits to be sold under the Evok brand.
We expect this will be the start of a great business relationship with Drycol and Nutresa.
Drycol SAS
is a Colombian company dedicated to the production of Freeze-dried and Dehydrated foods by hot air and Spray Dry (atomization).
Our plant is located in Mosquera Cundinamarca - Colombia, with the capacity to withdraw 50 tons of water per month, employing on average 60 people who are mostly head of the family.
Inca Worldwide/GMS applied for Accelerate Colombia
After a successful lunch meeting with the team of Accelerate Colombia we have applied for the Accelerate Colombia Program.
Accelerate Colombia is an accelerated program that will refine our business plan to participate in the 16 weeks Boston based Accelerate Colombia located on the MIT campus in Cambridge, MA
We will receive an intense US-based entrepreneurial experience to refine our business plans, gain early market access and have the opportunity to secure growth capital.
Accelerate Colombia will support the development of our businesses and our teams through their network of experienced mentors, corporate partners, technologists, leading universities, angel investors and venture capitalists.
While in the accelerator, we will have an opportunity to come to know the unique aspects of the US markets and how to access them to grow our ventures.
When we return to Colombia we will bring much stronger businesses and, just as importantly, knowledge of the US entrepreneurial culture, community, and processes.
Two times per year, startup companies in Colombia can apply to participate in business plan competitions.
The five winning startups will be invited to come to the 16 week Boston based Accelerate Colombia program for an intensive 16 week acceleration process.
In the Accelerate Colombia offices located on the MIT campus in Cambridge MA, they will receive an intense US-based entrepreneurial experience to refine their business plans, gain early market access and have the opportunity to secure growth capital.
Accelerate Colombia will support the development of these businesses and their teams through our network of experienced mentors, corporate partners, technologists, leading universities, angel investors and venture capitalists.
While in the accelerator, they will have an opportunity to come to know the unique aspects of the US markets and how to access them to grow their ventures.
When they return to Colombia they will bring much stronger businesses and, just as importantly, knowledge of the US entrepreneurial culture, community and processes.
QEDN Events happening this week for Inca Worldwide
Drycol
finished processing the samples for Nutresa and next week we should get final feedback and a possible first order fromNutresa.
Wednesday
Sarah, Michelle and Kate have the lunch meeting with Accelerate Colombia.
Nextrading CEO
is back on Monday from South Korea and should provide us with feedback on the possibility of exportingSacha Inchi Snacks and all the rest of our products to South Koreathe biggest buyer ofSacha Inchi.
This will allow us to export product faster and to have certification like ISO 28001.
An OEA is an Operador Economico Autorizado
that is recognized by Colombian export agencies, Invima, narcotics police and import agencies that are part of the Trade export agreement from Colombia as companies that comply with all the requirements to export Sacha Inchi and any other products.
This will reduce the time to export any of our products.
QEDN - Connecting with Boston Massachusetts Ecosystem
April 15, 2019
Sarah Bahnsen
won a lunch meeting with Accelerate Colombia
On Friday April 12,2019
we participated in the first introduction meeting of Accelerate Colombia an international business platform connecting the Colombian business community with the highly develop startup ecosystem in Boston Massachusetts.
Sarah Bahnsen won the lunch meeting with the Accelerate Colombia team.
Sacha Inchi snacks, Sacha Inchi tea and Sacha Inchi powder.
The samples where received in Japan and they are reviewing the samples at the moment.
Suntory Beverage & Food Ltd.
engages in the manufacture and sale of food products and non-alcoholic beverages.
It operates through the Domestic and International segments.
The Domestic segment produces coffee, mineral water, green and red tea, carbonated beverages, fruit juices, sports and functional drinks, and beverages for specified health use.
The International segment offers products from Europe, Oceania, Asia, and Americas such as the brands
participated in the Business match forum in Bogota.
The event had over 3,000 companies meeting to discuss business in areas of Food, Metalworking, Chemicals, Industry and Fashion.
The highlight of the meetings are:
1 - PRIME FOODS S.A.S. (Exportador) - Colombia
they export 1 container of quinoa a month and want to start with 1 pallet of Sacha Inchi a month initially but expect to have 1 container per month of Sacha Inchi before the end of the year.
is a collective team of industry experts that deliver integrated solutions from brand sales to local and global brands.
As a new brand on the verge of entering the Canadian market, CPG Brand Management offers marketing solutions that include logistics, sales, and marketing resources to build your brand respecting your vision of brands.
They want to help Inca Worldwide/GMS to bring our own brands to the market:
Sacha Inchi, Sacha Powder, Sacha Milk, and Wulff Products a complete line of pet products make with Sacha Inchi.
____________________________________
All the buyers were very impressed with the taste of our Sacha Inchi snacks and Sacha Powder.
Our biggest success was our Sacha Inchi Milk all of buyers want to be the first one to have Sacha Inchi Milk. We expect to have this product in the market mid-June
We are also the only company that has developed Sacha Inchi Milk.
New packet for our Sacha Inchi products made with sugarcane.
GMS started working with Alico a Colombian company to make a biodegrade bag made 100% from sugar cane.
All our samples will be pack on this biodegradable bag.
We present laminated packaging with paper, including products that have structures of different barriers, responding to market trends that promote the use of paper for its natural appearance and its lower environmental impact because it comes from renewable sources.
Sacha Inchi, a thousand-year-old but unknown nut, becomes a replacement alternative for illicit crops.
Still few plant it, although there is great potential.
In the middle of the era of superfoods, a new business opportunity appears for the countryside and, especially, for the areas most affected by illicit crops.
It is the Sacha Inchi, also known as the peanut of the Incas, traditionally cultivated in the Peruvian, Colombian and Ecuadorian Amazon.
Its exceptional properties, since it contains one of the highest levels of omega-3 in a vegetable, have turned it into a fashionable food, as well as into a key input for the cosmetic industry.
Their global demand and the low supply (Peru is the main producer) have made this crop profitable.
So much so that it could substitute illicit crops like coca.
A Sacha Inchi plant begins to produce 7 months after sowing, two months more than coca.
And for the production of one hectare a farmer can receive between $15 million and $18 million, compared to $20 million of coca, which makes it a real substitute.
presides Inca Worldwide, a firm that promotes Sacha Inchi in the country and industrializes it for export.
She explains that other crops with which they have sought to substitute illicit crops take a long time to produce the first harvest (such as cocoa or coffee).
But Sacha Inchi not only produces soon, but, unlike coca, which is now harvested every three months, it is produced every month.
Inca Worldwide buys the crop from some 2,200 farmers in Antioquia, Chocó, Cundinamarca and Guaviare, which is equivalent to about 280 hectares.
Figures from the Ministry of Agriculture indicate that in the country there are some thousand hectares sown, of which 685 are currently producing.
The Putumayo and the Valle del Cauca have more planted area than the rest of the departments.
You can also read:
Peasants who leave illicit crops will have a discount on trademark registration
In Antioquia the crop is growing and there are already 115 hectares sown.
In fact, the Government allocated money from the royalties so that the Eafit, National and Bolivarian Universities could carry out a study about the potential of the crop in the department.
Jaime Garzón,
Secretary of Agriculture of Antioquia, argues that this product can be an important line for the department.
Therefore, they want to promote it in an orderly manner, after analyzing the vocation of the land of the nine regions of Antioquia.
They have realized that it works in municipalities affected by the conflict, such as some of the Magdalena Medio and Bajo Cauca.
That is why they proposed to the High Commissioner for Peace to consider Sacha Inchi not only as a substitute crop, but also to promote peace.
How is it consumed ?
The Sacha Inchi plant generates three main products: almond, oil and cake.
For its properties it is considered a very good substitute for flaxseed oil and fish oil (it has 17 times more omega-3 than salmon).
In protein it replaces soy, egg and dairy products and is in the growing category of nutraceuticals, that is, medicinal products made with natural ingredients.
Regarding the cosmetic use, Sacha Inchi oil serves to care for the skin as an antioxidant and leaves it smooth and soft (without fat).
It works very well as a moisturizer.
It is also used in moderate amounts for washing and hair treatments.
All this becomes an opportunity for the country to focus on its cultivation, with other nations such as China, which already have 700,000 hectares sown, and also in its industrial process.
Inca Worldwide operates a plant in Turbo where it processes the star Sacha Inchi, as it is harvested, to a seed, which is then converted into a snack such as peanuts, flour, milk (such as almond or soy), tea and a concentrated food for pets.
Bahnsen maintains that they have already invested US $1.5 million in the entire process of collection and production of derivatives and that they already have customers at supermarkets in the United States.
They would like to get to Korea or Japan, where these types of products are very popular.
In 2018, they exported 239 tons of Colombian Sacha Inchi, mainly to Peru, Ecuador, Panama, Denmark and the Netherlands.
The American NGO ACDI / VOCA, which promotes sustainable economic growth in vulnerable communities, highlights the work of the Agrosolidaria de Florencia (Caquetá) association in its Colombian chapter.
It stands out that one of the virtues of this crop is that it germinates despite the harsh conditions of the Amazon-intense rain, incessant heat, acid soils.
In addition, as a perennial plant, it produces crops throughout the year, which means that producers have increased their monthly income by almost 50%.
The business model has worked because Agrosolidaria guarantees the purchase of the entire crop from the producers.
And then process it to produce the oil, which already has an Invímaregistration, which facilitates its export.
With the Sacha Inchi Colombia, it can advance firmly towards an effective strategy of crop substitution.
Fashion business
Although the Sacha Inchi is a thousand-year-old plant cultivated by the Incas, in Colombia they barely know it, while US food chains such as Whole Foods have it on their shelves.
This fashionable food has nine amino acids, which for experts means it can replace the meat.
Help with blood pressure by strengthening the heart; reduces the levels of cholesterol in the blood; streamlines brain functions linked to memory, intelligence and rationing;
It serves as an antioxidant and, most importantly, from the point of view of business, is that they attribute slimming properties.
According to an investigation by the US market intelligence agency Mintel Global New Products Database, the number of new products containing components called superfoods has increased more than 200% between 2011 and 2015.
In addition, it expects its sales to exceedUS $300,000 million for 2020 only in the United States.
Results of meeting with Evok part of Nutresa Group
During our meeting with Evok part of the Nutresa Group, we agree to put together a packet of products that can be sold inside the high-end stores of Evok and on its website. https://www.evok.com.co/tiendas/.
This will allow us to test the market in Colombia before starting to sell our products outside of Colombia.
On March 1, 20019 we will meet again to show what products could be sold inside Evok stores and on its website.
First product development meeting with Evok the product development group from Nutresa that focus on ancestral herbs, fruits, and seeds in Colombia
Evok, an 'intra-enterprise' from Nutresa that wants to return to the basics and the natural with a portfolio that includes: chocolates, infusions, fruits and bakery, products made from raw materials ancestral as herbs, seed, and fruits in Colombia.
During this meeting, we will discuss what product Evok wants to make for Nutresa and what the next steps will be to obtain our initial letter of interest and a distribution agreement
President Ivan Duque meets with President Donald Trump at the White House on February 13, 2019
President Donald J. Trump and First Lady Melania Trump
welcome
President Ivan Duque Marquez and First Lady Maria Juliana Ruiz Sandoval of Colombia
to the White House on Wednesday, February 13, 2019.
President Trump and President Duque
will build upon the strong partnership that exists between their nations in pursuit of a more prosperous, secure, and democratic Western Hemisphere.
The leaders expect to discuss their commitment to pro-growth policies, combating terrorism and illicit narcotic networks, strategic partnerships in regional security, and efforts to restore democracy in Venezuela.
First annual meeting with Colsacha in Bogota February 13, 2019
Today we are having the first official meeting in Bogota with Colsacha the official association of Sacha Inchi in Bogota.
Colsacha is the organization of growers, transformers and exporters of Sacha Inchi.
The organization is working to be recognized as the main group to represent the interest of Sacha Inchi in Colombia.
We will also meet with Organizaciones Solidarias to discuss the plan to be presented to the president Ivan Duque.
Kate will meet with a representative of el procurador de la Paz.
Kate will also be at the US embassy to discuss the support of the embassy and to see if we can talk with the FBI at the US embassy on the stock manipulation case.
We will update everybody tomorrow on all these meetings.
President Ivan Duque to meet with President Donald Trump at the White House on February 13, 2019
President Donald J. Trump and First Lady Melania Trump
will welcome
President Ivan Duque Marquez and First Lady Maria Juliana Ruiz Sandoval of Colombia
to the White House on Wednesday, February 13, 2019.
President Trump and President Duque
will build upon the strong partnership that exists between their nations in pursuit of a more prosperous, secure, and democratic Western Hemisphere.
The leaders expect to discuss their commitment to pro-growth policies, combating terrorism and illicit narcotic networks, strategic partnerships in regional security, and efforts to restore democracy in Venezuela.
Sacha Inchi products on Alibaba compare to the quality of products of Inca Worldwide
China and Vietnam started growing Sacha Inchi seed for the last 5 years but they have failed to penetrate the market in the USA and Europe.
Sacha Inchi seeds have a very dry taste if they are not roasted properly.
Alibaba has many sites selling Sacha Inchi seed raw and the roasted Sacha Inchi seeds but there is no feedback on the taste.
All the Sacha Inchi roasted seed on Amazon have very poor reviews on the taste.
Peru has been banned from selling Sacha Inchi seeds to South Korea the biggest buyer of Sacha Inchi seeds in the world because the seeds were contaminated.
On 2015-02-11, the FDA announced that Sunfood is conducting a recall on Organic Sacha Inchi Powder due to possible contamination with Staphylococcus aureus enterotoxin.
The recalled products were sold under the brand name(s) Sunfood during an unspecified time period throughout the regions shown in the map below.
Ingredion Colombia SA met with the CEO of Inca Worldwide (OTC-QEDN) in December 2018 to discuss the possibility of adding Sacha Inchi Powder to the current products.
After the meeting, both companies signed an NDA.
Ingredion Colombia SA sent the Sacha Inchi Powder samples for analysis and now we have started the second phase of product development.
Ingredion Colombia SA produces formulas for children, pregnant women and people over 62.
These formulas are sold to different Colombian government programs.
GMS and Ingredion Colombia SA will continue to work together to develop formulas that can be provided to farmers that grow Sacha Inchi at a low cost.
This way our farmers can benefit from the Sacha Inchi they grow.
We expect to have twoDistribution Contracts before the end of the first quarter of 2019.
One Distribution Contract for Grupo Nutresa and one Distribution Contract for Ingredion Colombia SA
Nutresa moves to product development stage with GMS and Inca Worldwide
Kate Bahnsen the CEO of Inca Worldwide (OTC:QEDN) and GMS met yesterday January 30, 2019 in Nutresa with the director of product development of Noel S.A., the director of Fundacion Nutresa, the head of purchasing department of Grupo Nutresa and the director of sustainable products.
During that meeting, it was agreed to start working with Noel to add Sacha Inchi Powder to their current products.
It was also discussed if el Grupo Nutresa could packet Sacha Inchi for their own products, for GMS and for customers that want to have their own Sacha Inchi brand products.
After this product development is done we discuss that GMS will get a letter of interest and then suppliers agreement contract from Grupo Nutresa.
Grupo Nutresa, formerlyGrupo Nacional de Chocolates S.A. is a food-processing conglomerate headquartered in Medellín, Colombia.
The group's principal activities are producing, distributing, and selling cold cuts, biscuits, chocolates, coffee, ice cream, and pasta
Updates to Bylaws of QED Connect QEDN to protect shareholders.
The board of directors has updated the bylaws to include under section 7 according to New York BSC-Business Corporation Article 11 that no debt holders or any person or legal entity that claim to have any lawsuit or debt against the Corporation will be allow to have any shares with voting rights.
QEDN common shares are the only type of free trading shares in the market.
Common shares don't have any voting rights per the bylaws establish in June 22, 2007 with the State of New York.
Only prefer shares have voting right and they are not free trading shares.
The creating of the Association of Colsacha is official.
We have created the Association of Colsacha.
This association will represent all the companies that grow, transform, sell in Colombia and export outside of Colombia Sacha Inchi and its products.
GMS is part of the board of directors of the 13 companies that make part of this association. The ministry of agriculture is creating the value chain of Sacha Inchi where we have farmers, associations, transformers, and buyers all working together.
A similar model of the Coffee Federation that has been very successful.
GMS is representing the following states (Departments) Antioquia, Choco, Cauca, and Guaviare.
Inca Worldwide and GMS moves forward with Nutresa January 29, 2019
Dear Shareholders, Followers, and Consumers:
Our management team will meet on January 29, 2019, with Fundacion Nutresa and its management team.
Fundacion Nutresa has reviewed the project and wants to incorporate our snacks, protein, and milk to their products. We expect to have a clear plan after this meeting on how we can work with Nutresa.
Grupo Nutresa has accelerated its expansion process by acquiring companies with significant tradition and recognition in the strategic region, whose own history is reflected in the following timeline.
Organizaciones Solidarias will finance 2,000 hectares Yesterday we met with Rafael Gonzales national director of Organizaciones Solidarias, a division of the Colombian.
This institution creates organize projects for the Colombian government their mission is;
"Promote, strengthen and develop social-business that are organizations to generate development in different regions of the country."
met with Rafael Gonzales director of Organizaciones Solidarias to lay out how we will work with the government and to finalized the main document that will be presented to the government.
We also meet with the representative of the Prosecutor for Peace in Bogota who is reviewing the cases and should make a determination before the end of the month.
We have been referring to the District Attorney in
Jacksonville, Florida, Newark, New Jersey, and New York
to start an investigation not only by the FBI but also by the District Attorney against
* Lattucca, * Lisa Purdon, * Brad Hughes and * Cosmin Panai
for Stock manipulation.
The posting regarding any type of sanctions are from a small court in Florida and is again another stock manipulation tactic and will not affect the companies.
The companies are not registered in Florida or do business in Florida.
This is a highly organized fraud case manage by these individuals that are now in the hands of the proper authorities.
_________________________________
Tomorrow, Tuesday, January 22, 2019, we will meet withRafael Gonzales director of Organizaciones Solidarias to lay out how we will work with the government and to finalized the main document that will be presented to the government.
We are also meeting with the president of el Banco Agrario Francisco José Mejía Sendoya to finalize the loans to farmers ofSacha Inchi.
We are please to announce the USDA (United States Department of Agriculture)
has allowed Sacha Inchi products for consumption from Inca Worldwide (OTC-QEDN) to enter the US.
All seeds need to be inspected by the USDA, the customs and boarder protection, Agriculture Quarantine Inspection (CBP-AQI) or Plant Protection and Quarantine (PPQ).
The INVIMA certification is the equivalent to theFDA the United States Food & Drug License to Sell & Ship to Stores in the USA but we also needed the USDA approval to ship to the USA.
Now all our products can leave Colombia and enter the USA with all required permits from Colombia and the USA.
The project will be funded by the government of Colombia.
The initial budget that Funge stores has proposed to the PNUD is $1,430,746,100 Colombian Pesos or $476,915 USD to establish two pilots, one in Guaviare and one in Putumayo, two of the most important states or departamentos in Colombia that required crop substitution.
The project in Guaviare will require GMS and Funge stores to work directly with Farc,
“Armando Ríos” del Frente 1.
The government of Colombia has allocated $19,000,000 Colombian pesos or $6,333 USD per family to do crop substitution.
The project will have required Funge stores and GMS to complete the establishment of the first 200 hectares in Guaviare and 200 hectares in Putumayo in 4 months.
After this stage is completed we can expand to Taraza Antioquia, which has 4,000 farmers that are already signed up, and then to a good portion of the 96,000 hectares of Coca leaves that are concentrated in Putumayo, Guaviare, Nariño and Norte de Santander.
Kate Bahnsen, CEO of Inca Worldwide, states:
“This is a very big milestone for our project. Working directly with the PNUD and having a project funded directly by the government, show the support of the government and the commitment of the government to do substitution of Coca leaves with Sacha Inchi.”
is forcing Colombia to eradicate at least 50,000 hectares of Coca leaves before end of 2017.
Our project wants to have at least 25% of these farmers enroll in our Sacha Inchi project by 2018
all funded by FINAGRO.
This will mean our project will have 12,500 hectares of Sacha Inchi
or a production of 70,000 tons of Sacha Inchi
by 2019.
__________________________________________
FINAGRO
The Fund for Financing the Agricultural Sector, is an entity that promotes the development of the Colombian rural sector, with financing and rural development instruments, which stimulate investment.
It is a mixed economy society of the national order, organized as a credit establishment, with a special regime, linked to the Ministry of Agriculture and Rural Development and supervised by the Financial Superintendence of Colombia.
FINAGRO acts as a second-tier entity, that is, it grants resources under conditions of promotion to financial institutions, so that they in turn grant credits to productive projects.
Likewise, to facilitate access to financing,
FINAGRO administers instruments for the development of its agricultural project.
The Company operates a processing plant and warehouse in Florida, Colombia to de-shell, hydrate, and prepare the Sacha Inchi seeds for export.
The seeds are then transported to the USA to a roasting company for final preparation, seasoning, roasting, and packaging in “retail ready” bags.
The products are marketed through retailers and other outlets under their private label as well as the company’s brand “Inca Snacks” in the USA, Canada, Japan, Europe and China.
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 Afro Colombian 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 US Aid."
The company expects to make announcements shortly with respect to sales channels on our whole sales and retail distribution.
QED Connect announces new projections due to recent developments.
Kate Bahnsen, CEO, states,
"Because of the recent new relationships we have established, and our unique ability to control supply, and ultimately create an unique product we are forced to increase our projections.
As part of the company's promise to shareholders to maintain transparency we are posting them on our website.
Based on our present strategy for year 2018 our sales will be in excess of $175,000,000 USD with $119,000,000 USD in profit.
This is an exciting time for us as we continue to work with our farmers."
As previously stated all of the funding for this project will be funded by El Banco Agrario.
_________________________________
About Inca Worldwide
Inca Worldwide is a public listed company on the OTC under the symbol QEDN.
Our project offers an alternative to Farmers in Colombia to grow crops like Inca Seeds (Sacha Inchi) instead of Coca Plants.
Our Inca Seeds (Roasted Sacha Inchi) a complete protein with all 9-essential amino-acids rich in Omega 3, 6 & 9 and an antioxidant.
A real Super-food.
Sold toprivate brands and our own brandInca Snacks.
Kate was able to contact el Grupo Éxito and started negotiating with the private label department.
We expect to be able to work with el Grupo Exito to make Sacha Inchi with their brand and to sell our Sacha Inchi product in the 2,606 stores of Almacenes Exito in 4 different countries:
* Colombia * Brazil * Uruguay and * Argentina.
Revenue for just the third quarter 2018 was USD $37,309,338.31
AboutGrupo Éxito
Grupo Éxito
also is known as Almacenes Éxito S.A.
is the largest South American retail company.
It operates 2,606 stores in South America.
The stores sell a wide range of food and nonfood products.
Though originally a textiles maker and seller under such brand names as
* Arkitect * People * Bronzini * Pop Rose
recent acquisitions mostly within the last 10–20 years
have further diversified the business making it a major grocer under brand names like Surtimax and Carulla
sales of food products make up about 70-75% of revenue.
At its hypermarkets the largest of which is the Éxito chain
it sells both packaged foods and perishables in addition to department store type products ranging from electronics to furniture.
______________________________________________
Grupo Exito is listed in the Bogota Stock Exchange
Advantage is a leading business solutions provider committed to driving growth through winning insights and execution.
Advantage’s customizable and technology-enabled sales and marketing solutions -- including headquarter sales, retail merchandising, business intelligence, and a full suite of marketing services -- are designed to help manufacturers and retailers across a broad range of channels drive consumer demand, increase sales, and achieve operating efficiencies.
Headquartered in Irvine, Calif.,
Advantage has offices throughout the United States and Canada and maintains a platform in select markets throughout Africa, Asia, Australia, and Europe through which it can service global needs of multi-national manufacturers.
GMS is on the second phase of Encampo with Fundacion Bancolombia
_________________________________________
Fundacion Bancolombia
opened a program to help small to midsize agriculture and manufacturing companies that have social impact in Colombia to have access of funds, network, shows and other programs from Bancolombia.
GMSpassed the first phase and is on the second phase of this program.
GMS has submitted the required paperwork to be one of the 3-to-5 companies that will be announce in 2020.
Bancolombia
is a full-service financial institution that provides a range of financial products and services to a diversified individual and corporate customer base throughout Colombia, as well as in other jurisdictions, such as
Panama, El Salvador, Puerto Rico, the Cayman Islands, Peru and Guatemala.
The Bank operates in nine segments:
* Banking Colombia * Banking El Salvador * Leasing * Trust * Investment * Brokerage * Off Shore * Pension and Insurance
debuts at the LAC Flavors show today and tomorrow in Cali.
Follow us today at the LAC Flavors show on
* Twitter * Facebook * Insta-gram
LAC Flavors
is one of the key Food and Beverages business forums in the region, connecting hundreds of Latin American and Caribbean (LAC) exporters with buyers/importers from around the world.
This initiative aims to expand and strengthen commercial exchange in the region, contributing to the generation of new business opportunities between SMEs in the food sector and international buyers, through business meetings ("matchmaking").
Over the past 10 years, LAC Flavors generated more than $990 million USD in future transactions following more than 17,000 business meetings held during these events.
This edition of LAC Flavors is organized by the
Inter-American Development Bank,
through
ConnectAmericas,
in collaboration with
ProColombia, the Colombian government's export promotion agency,
On September 4 and 5, Cali will have one of the most important commercial meetings in the continent for the agri-business sector.
This is LAC Flavors, an event that aims to expand and strengthen the commercial exchange between SMEs in Latin America and the Caribbean, and that this year had the registration of 250 buyers from 40 countries, from the United States to Australia, thanks to the management of ProColombia.
There will be 2,500 business meetings at the Valle del Pacífico Events Center in Cali
More than 400 exporting entrepreneurs from 20 countries in Latin America and the Caribbean confirmed their participation.
“This is the first time that LAC Flavors will be held in Cali and it gives us the opportunity to show the world the Colombian agro-export potential.
It should be noted that more than 50% of the buyers invited to this business round table come from destinations with which Colombia has current commercial agreements, so we encourage entrepreneurs to take advantage of these tariff advantages, ”said Flavia Santoro,
met with Kate on Saturday, August 31, 2019, during the event in Medellin "Contruyendo Pais".
Kate explained to President Ivan Duque the problems we had trying to get loans for the farmers and what we need to do to fix those problems and the PNIS
( Programa Nacional Integral de Subtitucion de cultivos ).
President Ivan Duque assigned two advisors Karen Abudinen and Alejandra Vera to work with Kate to solve all the problems so that the Sacha Inchi project under the GMS model will have the full support of the Colombian government.
visited GMS farmers to verify the progress and to get ready to release the first funds to expand the GMS program
____________________________________
El Fondo Colombia en Paz
visited the area of Caucasia where GMS has a contract with the local community and reviewed all the documentation provided by GMS and INCA on Saturday, August 10, 2019.
They reviewed all the documentation and the contracts with the local community.
There are currently over 50 hectares of Sacha Inchi in Caucasia all under contract with GMS and INCA.
The next step will be to release funding to plant more Sacha Inchi.
All documentation is posted on the website.
More on the advance of Sacha Inchi on the APC Colombia
Inca Worldwide (OTC:QEDN) announces that it will introduce Sacha Inchi in the US and Canadian Market.
GMS has enough product to start the Daymon Contract and to start selling on Amazon.
Amazon has already given GMS / INCA USD $100,000 on AWS credits.
Colombia has over 2,200 hectares of Sacha Inchi planted and GMS has contracted with enough farmers to bring products to the market.
Sacha Inchi is a seed rich in Omega 3,6,9 and a complete protein with all 9 amino acids.
Sacha Inchi is a real superfood that can penetrate
* the ethnic market, * the non-GMO market, * Vegan food, * the gluten-free market, * the pet food market, * the non-lactose milk market, * and Omega markets
These markets are estimated to be over $107 billion dollars by 2020.
Today the CEO will be discussing with Daymon the best strategy to start the Daymon contract.
The Ministry of Exports in Colombia is working with GMS to open an account with Amazon and to start delivering products to Amazon warehouse.
Kate Bahnsen CEO said:
" We are happy to be in a position to bring Sacha Inchi to the USA market and to start working with Daymon and Amazon to bring our Sacha Inchi Snacks to our shareholders and future consumers.
Kate was able to contact el Grupo Éxito and started negotiating with the private label department.
We expect to be able to work with el Grupo Exito to make Sacha Inchi with their brand and to sell our Sacha Inchi product in the 2,606 stores of Almacenes Exito in 4 different countries:
* Colombia * Brazil * Uruguay and * Argentina.
Revenue for just the third quarter 2018 was USD $37,309,338.31
AboutGrupo Éxito
Grupo Exito
is one of the largest retail companies in Latin America and it’s the largest retail company in Colombia.
In addition, the company is the largest grocery store chain in Colombia.
A large Exito store in Colombia is very similar to a Super Walmart store in the United States.
Both sell groceries and both sell many other non-food items like electronics, appliances, clothing and bed and bath items.
Grupo Éxito
also is known as Almacenes Éxito S.A.
is the largest South American retail company.
It operates 2,606 stores in South America.
The stores sell a wide range of food and nonfood products.
Though originally a textiles maker and seller under such brand names as
* Arkitect * People * Bronzini * Pop Rose
recent acquisitions mostly within the last 10–20 years
have further diversified the business making it a major grocer under brand names like Surtimax and Carulla
sales of food products make up about 70-75% of revenue.
At its hypermarkets the largest of which is the Éxito chain
it sells both packaged foods and perishables in addition to department store type products ranging from electronics to furniture.
______________________________________________
Grupo Exito is listed in the Bogota Stock Exchange
is the Chief Economic Advisor to President Duque and is the architect of the Orange Economy strategy for economic development in Colombia.
GMS and Inca Worldwide will present Sacha Inchi is the new Orange Economy of Colombia.
The so-called “orange bonds” are part of the Orange Economy, which refers to a country’s creative industries, one of President Iván Duque’s key proposals during his campaign and the first 100 days of his administration.
President Duque didn’t come up with the idea of the creative economy — that would be British theorist John Howkins — but he, along with fellow Colombian co-author Felipe Buitrago Restrepo,
wrote the original manual that lays out the Orange Economy during his decade at the Inter-American Development Bank (IDB).
Duque has since brought on Buitrago as an adviser to his administration.
_____________________________________________
What Is Colombia's Orange Economy ?
December 04, 2018
Welcome to the
Orange Economy —
Iván Duque's vision to capitalize on Colombia and Latin America's creative wealth.
GMS and Inca Worldwide finished the first workshop of Accelerate Colombia Summer 2019 Cohort.
Only 9 companies, out of over 90 companies that applied for the Accelerate Colombia Summer 2019 Cohort were invited including INCA / GMS
The first workshop was very successful and now we will work every week with our mentors to finish the program and become the first company to finish the Accelerate Colombia Summer 2019 Cohort.
Inca Worldwide/GMS applied for Accelerate Colombia
After a successful lunch meeting with the team of Accelerate Colombia we have applied for the Accelerate Colombia Program.
Accelerate Colombia is an accelerated program that will refine our business plan to participate in the 16 weeks Boston based Accelerate Colombia located on the MIT campus in Cambridge, MA
We will receive an intense US-based entrepreneurial experience to refine our business plans, gain early market access and have the opportunity to secure growth capital.
Accelerate Colombia will support the development of our businesses and our teams through their network of experienced mentors, corporate partners, technologists, leading universities, angel investors and venture capitalists.
While in the accelerator, we will have an opportunity to come to know the unique aspects of the US markets and how to access them to grow our ventures.
When we return to Colombia we will bring much stronger businesses and, just as importantly, knowledge of the US entrepreneurial culture, community, and processes.
In the meeting we had the full support of theArmada with Coronel de I.M.
Nulver Jose Galvis Leguizamon,
Coronel Ronal Ramos y Cadete Cesar Zapata.
The result of the meeting was:
1. The PNIS will provide GMS how many farmers will start growing Sacha Inchi
2. Our project is the most complete project that has been presented
3. as soon the PNIS provide us with the amount of farmers that want to grow Sacha Inchi we will get a complete road map on how to implement GMSSacha inchi project in Colombia
is putting a list together of all the farmers that want to do crop substitution with Sacha Inchi out of the 99,000 families enroll in the PNIS program.
_____________________________________________
The advisor of
Consejería para la Estabilización y Consolidación
wants to discuss in more detail the steps outlined on the proposal.
This program has over 99,000 families under contract with the PNIS to do voluntary crop substitution.
The program is part of the Fondo de la Paz who received funds from the United Nations and other nations to help Colombia to eradicate illegal crops in Colombia.
In the meeting, we had Mercado y Bolsa and Armada National de Colombia supporting ourSacha Inchi project.
The PNIS
askedGMS and Inca Worldwide to submit a complete proposal to put ourSacha Inchi project as the top crop substitution solutions in Colombia.
This complete proposal was submitted on Friday, June 21, 2019
The complete proposal has been posted on the website of
On Thursday we met with the new technical director of PNIS
Programa
Nacional
Integral de
Subtitucion de illicitos
Mercado y Bolsa,
Armada Nacional de Colombia
and
the director of business of presidencia.
During that meeting, we discuss how the program of GMS can be the main program for the PNIS who has over 99,000 families enroll.
What does this mean for GMS and Inca Worldwide ?
To bring our program to a good portion of the 99,000 families will provide GMS and Inca Worldwide the biggest amount of farmers in the world growing Sacha Inchi under contract.
GMS and Inca Worldwide will be able to produce
* Sacha Inchi snacks, * Milk, * Powder * Herbal tea and * Pet food made from Sacha Inchi.
Colombia will have the biggest production of Sacha Inchiin the World and GMS and Inca Worldwide will have that contract.
Inca Worldwide (OTC:QEDN) is meeting with the program of PNIS
Programa
Nacional
Integral de
Substitution de Cultivos
The crop substitution program has been reevaluated and now is being managed by the office of Renovación del Territorio.
Renovación del Territorio in cooperation with Prosperidad Social and the government of Colombia
has invited Inca Worldwide and GMS to discuss the crop substitution program.
In this meeting, we will have
Mercado y Bolsa,
La Bolsa de Valores de Bogota,
la Armada
and
Accelearate Colombia.
This program has over 99.097 families under contract and GMS and Inca Worldwide will work together to bring these contracts to the stock exchange.
This will give the opportunity to convert these contracts into an asset and generate income for the PNIS program.
The government of Colombia will also work with GMS and Inca Worldwide to get other contracts with the USA government, the United Nations, and many embassies like the South Korea embassy to obtain a contract to purchase Sacha Inchi and other products grown by the farmers that are under contract.
GMS and Inca Worldwide has already an INVIMAlicenses to sell Sacha Inchi snacks and powder in Colombia and to export Worldwide.
Drycol has finished theSacha Inchi tea and is working with GMS to process the first batch ofSacha Inchi tea.
Evok the virtual store of el Groupo Nutresa has approved the products of GMS and is working on the first order of Sacha Inchi snacks and Sacha Inchi tea made by Drycol.
The brand Tosh from el Groupo Nutresa is reviewing the products this month and make the first order.
Ingredion SAS is working to provide GMS and INCA Worldwide with a letter of interest to purchase Sacha Inchi powder.
Inca Worldwide (OTC:QEDN) has already a contract to sellSacha Inchi to 60 stores with Daymon.
Inca Worldwide (OTC:QEDN) has signed withAmazon to sell onlineSacha Inchi in the next 60 to 90 days.
The crop substitution program has been reevaluated and now is being managed by the office of Renovación del Territorio.
Renovación del Territorio in cooperation with Prosperidad Social and the government of Colombia
has invited Inca Worldwide and GMS to discuss the crop substitution program.
This program has over 99,097 families under contract and the program has not been able to pay the farmers.
Over 89,796 have only received partial payments and over 41,910 have not received any payments.
There are more Coca Leaves hectares planted now than when the PNIS program started.
Inca Worldwide and GMS have already provided a possible solution to this program and how to promote voluntary crop substitution in Colombia not only using Sacha Inchi but other crops and how to finance this program.
The June 13, 2019 meeting will be to discuss these solutions and to work together with the government and the crop substitution program.
To learn more about the Colombia government program:
has invited GMS and Inca Worldwide to the PLMA. U.S. Private Label Trade Show in Chicago on November 17-19, 2019.
Only 6 companies will participate on the Colombia booth at the PLMA show.
At the 2019 show, more than 1,500 companies from over 55 countries will exhibit their products, including 30 international pavilions.
For more than 35 years, PLMA’s annual U.S. Private Label Trade Show has been the industry event of the year giving access to the growing private label market in the U.S. and Canada, where retailers and wholesalers source for their private label programmers.
From food, snacks and beverages to household and kitchen products, from health and beauty to general merchandise.
Exhibitors range from small and medium-size companies to well-known national brand makers who also supply store brands.
After the successful presentation of our Sacha Inchi at the fair of National de Chocolates last week, the executive committee of the Tosh brand will review our Sacha Inchi products in June.
Nutresa has its own brand of cookies, snacks, infusions, granola, bars, and artisanal products.
Nutresa will carry not only our products for Evok but also for Tosh
Tosh is sold in more than 2,300 stores in South America
the global tea beverage market was estimated to be worth about 49.46 billion U.S. dollars and is forecasted to reach to about 73.13 billion U.S. dollars by 2024
Colombiana de Chocolates has requested final samples of Sacha Inchi to be used in its products.
Colombiana de Chocolates is the biggest buyers of Cacao in Colombia.
Colombiana de Chocolates is part of the Nutresa Group.
Colombina de Chocolates make Sacha Inchi products cover with Chocolates
and sell to Evok and other chains of supermarkets like Exito Group
with more than 2,300 grocery stores in South America.
Samples need to be delivered by May 15, 2019
________________________________________________
About Colombinana de Chocolates
We are part of Grupo Nutresa’s Chocolate Businesses, which has production plants in Costa Rica, Mexico, and Peru, and a wide distribution network that allows us to make our portfolio available in the most strategic regions for our business to grow.
Grupo Nutresa is one the most important players in the food industry in Latin America, operating through eight business units:
* meats,
* cookies,
* chocolates,
* Tresmontes Lucchetti (TMLUC),
* coffees,
* foods for consumers,
* ice creams,
and
* pastas.
It is also the second most reputable company in Colombia according to the 2017 Merco Empresas monitor,
and the second-best employer in the country according to Merco Talento 2017.
finished the test on our Sacha Inchiinfusion (herbal teas) for Nutresa.
We have shipped the first order of herbal tea to Drycol who will packet into bags and add dried fruits to be sold under the Evok brand.
We expect this will be the start of a great business relationship with Drycol and Nutresa.
Drycol SAS
is a Colombian company dedicated to the production of Freeze-dried and Dehydrated foods by hot air and Spray Dry (atomization).
Our plant is located in Mosquera Cundinamarca - Colombia, with the capacity to withdraw 50 tons of water per month, employing on average 60 people who are mostly head of the family.
Inca Worldwide/GMS applied for Accelerate Colombia
After a successful lunch meeting with the team of Accelerate Colombia we have applied for the Accelerate Colombia Program.
Accelerate Colombia is an accelerated program that will refine our business plan to participate in the 16 weeks Boston based Accelerate Colombia located on the MIT campus in Cambridge, MA
We will receive an intense US-based entrepreneurial experience to refine our business plans, gain early market access and have the opportunity to secure growth capital.
Accelerate Colombia will support the development of our businesses and our teams through their network of experienced mentors, corporate partners, technologists, leading universities, angel investors and venture capitalists.
While in the accelerator, we will have an opportunity to come to know the unique aspects of the US markets and how to access them to grow our ventures.
When we return to Colombia we will bring much stronger businesses and, just as importantly, knowledge of the US entrepreneurial culture, community, and processes.
Two times per year, startup companies in Colombia can apply to participate in business plan competitions.
The five winning startups will be invited to come to the 16 week Boston based Accelerate Colombia program for an intensive 16 week acceleration process.
In the Accelerate Colombia offices located on the MIT campus in Cambridge MA, they will receive an intense US-based entrepreneurial experience to refine their business plans, gain early market access and have the opportunity to secure growth capital.
Accelerate Colombia will support the development of these businesses and their teams through our network of experienced mentors, corporate partners, technologists, leading universities, angel investors and venture capitalists.
While in the accelerator, they will have an opportunity to come to know the unique aspects of the US markets and how to access them to grow their ventures.
When they return to Colombia they will bring much stronger businesses and, just as importantly, knowledge of the US entrepreneurial culture, community and processes.
QEDN Events happening this week for Inca Worldwide
Drycol
finished processing the samples for Nutresa and next week we should get final feedback and a possible first order fromNutresa.
Wednesday
Sarah, Michelle and Kate have the lunch meeting with Accelerate Colombia.
Nextrading CEO
is back on Monday from South Korea and should provide us with feedback on the possibility of exportingSacha Inchi Snacks and all the rest of our products to South Koreathe biggest buyer ofSacha Inchi.
This will allow us to export product faster and to have certification like ISO 28001.
An OEA is an Operador Economico Autorizado
that is recognized by Colombian export agencies, Invima, narcotics police and import agencies that are part of the Trade export agreement from Colombia as companies that comply with all the requirements to export Sacha Inchi and any other products.
This will reduce the time to export any of our products.
QEDN - Connecting with Boston Massachusetts Ecosystem
April 15, 2019
Sarah Bahnsen
won a lunch meeting with Accelerate Colombia
On Friday April 12,2019
we participated in the first introduction meeting of Accelerate Colombia an international business platform connecting the Colombian business community with the highly develop startup ecosystem in Boston Massachusetts.
Sarah Bahnsen won the lunch meeting with the Accelerate Colombia team.
Sacha Inchi snacks, Sacha Inchi tea and Sacha Inchi powder.
The samples where received in Japan and they are reviewing the samples at the moment.
Suntory Beverage & Food Ltd.
engages in the manufacture and sale of food products and non-alcoholic beverages.
It operates through the Domestic and International segments.
The Domestic segment produces coffee, mineral water, green and red tea, carbonated beverages, fruit juices, sports and functional drinks, and beverages for specified health use.
The International segment offers products from Europe, Oceania, Asia, and Americas such as the brands
participated in the Business match forum in Bogota.
The event had over 3,000 companies meeting to discuss business in areas of Food, Metalworking, Chemicals, Industry and Fashion.
The highlight of the meetings are:
1 - PRIME FOODS S.A.S. (Exportador) - Colombia
they export 1 container of quinoa a month and want to start with 1 pallet of Sacha Inchi a month initially but expect to have 1 container per month of Sacha Inchi before the end of the year.
is a collective team of industry experts that deliver integrated solutions from brand sales to local and global brands.
As a new brand on the verge of entering the Canadian market, CPG Brand Management offers marketing solutions that include logistics, sales, and marketing resources to build your brand respecting your vision of brands.
They want to help Inca Worldwide/GMS to bring our own brands to the market:
Sacha Inchi, Sacha Powder, Sacha Milk, and Wulff Products a complete line of pet products make with Sacha Inchi.
____________________________________
All the buyers were very impressed with the taste of our Sacha Inchi snacks and Sacha Powder.
Our biggest success was our Sacha Inchi Milk all of buyers want to be the first one to have Sacha Inchi Milk. We expect to have this product in the market mid-June
We are also the only company that has developed Sacha Inchi Milk.
New packet for our Sacha Inchi products made with sugarcane.
GMS started working with Alico a Colombian company to make a biodegrade bag made 100% from sugar cane.
All our samples will be pack on this biodegradable bag.
We present laminated packaging with paper, including products that have structures of different barriers, responding to market trends that promote the use of paper for its natural appearance and its lower environmental impact because it comes from renewable sources.
Sacha Inchi, a thousand-year-old but unknown nut, becomes a replacement alternative for illicit crops.
Still few plant it, although there is great potential.
In the middle of the era of superfoods, a new business opportunity appears for the countryside and, especially, for the areas most affected by illicit crops.
It is the Sacha Inchi, also known as the peanut of the Incas, traditionally cultivated in the Peruvian, Colombian and Ecuadorian Amazon.
Its exceptional properties, since it contains one of the highest levels of omega-3 in a vegetable, have turned it into a fashionable food, as well as into a key input for the cosmetic industry.
Their global demand and the low supply (Peru is the main producer) have made this crop profitable.
So much so that it could substitute illicit crops like coca.
A Sacha Inchi plant begins to produce 7 months after sowing, two months more than coca.
And for the production of one hectare a farmer can receive between $15 million and $18 million, compared to $20 million of coca, which makes it a real substitute.
presides Inca Worldwide, a firm that promotes Sacha Inchi in the country and industrializes it for export.
She explains that other crops with which they have sought to substitute illicit crops take a long time to produce the first harvest (such as cocoa or coffee).
But Sacha Inchi not only produces soon, but, unlike coca, which is now harvested every three months, it is produced every month.
Inca Worldwide buys the crop from some 2,200 farmers in Antioquia, Chocó, Cundinamarca and Guaviare, which is equivalent to about 280 hectares.
Figures from the Ministry of Agriculture indicate that in the country there are some thousand hectares sown, of which 685 are currently producing.
The Putumayo and the Valle del Cauca have more planted area than the rest of the departments.
You can also read:
Peasants who leave illicit crops will have a discount on trademark registration
In Antioquia the crop is growing and there are already 115 hectares sown.
In fact, the Government allocated money from the royalties so that the Eafit, National and Bolivarian Universities could carry out a study about the potential of the crop in the department.
Jaime Garzón,
Secretary of Agriculture of Antioquia, argues that this product can be an important line for the department.
Therefore, they want to promote it in an orderly manner, after analyzing the vocation of the land of the nine regions of Antioquia.
They have realized that it works in municipalities affected by the conflict, such as some of the Magdalena Medio and Bajo Cauca.
That is why they proposed to the High Commissioner for Peace to consider Sacha Inchi not only as a substitute crop, but also to promote peace.
How is it consumed ?
The Sacha Inchi plant generates three main products: almond, oil and cake.
For its properties it is considered a very good substitute for flaxseed oil and fish oil (it has 17 times more omega-3 than salmon).
In protein it replaces soy, egg and dairy products and is in the growing category of nutraceuticals, that is, medicinal products made with natural ingredients.
Regarding the cosmetic use, Sacha Inchi oil serves to care for the skin as an antioxidant and leaves it smooth and soft (without fat).
It works very well as a moisturizer.
It is also used in moderate amounts for washing and hair treatments.
All this becomes an opportunity for the country to focus on its cultivation, with other nations such as China, which already have 700,000 hectares sown, and also in its industrial process.
Inca Worldwide operates a plant in Turbo where it processes the star Sacha Inchi, as it is harvested, to a seed, which is then converted into a snack such as peanuts, flour, milk (such as almond or soy), tea and a concentrated food for pets.
Bahnsen maintains that they have already invested US $1.5 million in the entire process of collection and production of derivatives and that they already have customers at supermarkets in the United States.
They would like to get to Korea or Japan, where these types of products are very popular.
In 2018, they exported 239 tons of Colombian Sacha Inchi, mainly to Peru, Ecuador, Panama, Denmark and the Netherlands.
The American NGO ACDI / VOCA, which promotes sustainable economic growth in vulnerable communities, highlights the work of the Agrosolidaria de Florencia (Caquetá) association in its Colombian chapter.
It stands out that one of the virtues of this crop is that it germinates despite the harsh conditions of the Amazon-intense rain, incessant heat, acid soils.
In addition, as a perennial plant, it produces crops throughout the year, which means that producers have increased their monthly income by almost 50%.
The business model has worked because Agrosolidaria guarantees the purchase of the entire crop from the producers.
And then process it to produce the oil, which already has an Invímaregistration, which facilitates its export.
With the Sacha Inchi Colombia, it can advance firmly towards an effective strategy of crop substitution.
Fashion business
Although the Sacha Inchi is a thousand-year-old plant cultivated by the Incas, in Colombia they barely know it, while US food chains such as Whole Foods have it on their shelves.
This fashionable food has nine amino acids, which for experts means it can replace the meat.
Help with blood pressure by strengthening the heart; reduces the levels of cholesterol in the blood; streamlines brain functions linked to memory, intelligence and rationing;
It serves as an antioxidant and, most importantly, from the point of view of business, is that they attribute slimming properties.
According to an investigation by the US market intelligence agency Mintel Global New Products Database, the number of new products containing components called superfoods has increased more than 200% between 2011 and 2015.
In addition, it expects its sales to exceedUS $300,000 million for 2020 only in the United States.
Results of meeting with Evok part of Nutresa Group
During our meeting with Evok part of the Nutresa Group, we agree to put together a packet of products that can be sold inside the high-end stores of Evok and on its website. https://www.evok.com.co/tiendas/.
This will allow us to test the market in Colombia before starting to sell our products outside of Colombia.
On March 1, 20019 we will meet again to show what products could be sold inside Evok stores and on its website.
First product development meeting with Evok the product development group from Nutresa that focus on ancestral herbs, fruits, and seeds in Colombia
Evok, an 'intra-enterprise' from Nutresa that wants to return to the basics and the natural with a portfolio that includes: chocolates, infusions, fruits and bakery, products made from raw materials ancestral as herbs, seed, and fruits in Colombia.
During this meeting, we will discuss what product Evok wants to make for Nutresa and what the next steps will be to obtain our initial letter of interest and a distribution agreement
President Ivan Duque meets with President Donald Trump at the White House on February 13, 2019
President Donald J. Trump and First Lady Melania Trump
welcome
President Ivan Duque Marquez and First Lady Maria Juliana Ruiz Sandoval of Colombia
to the White House on Wednesday, February 13, 2019.
President Trump and President Duque
will build upon the strong partnership that exists between their nations in pursuit of a more prosperous, secure, and democratic Western Hemisphere.
The leaders expect to discuss their commitment to pro-growth policies, combating terrorism and illicit narcotic networks, strategic partnerships in regional security, and efforts to restore democracy in Venezuela.
First annual meeting with Colsacha in Bogota February 13, 2019
Today we are having the first official meeting in Bogota with Colsacha the official association of Sacha Inchi in Bogota.
Colsacha is the organization of growers, transformers and exporters of Sacha Inchi.
The organization is working to be recognized as the main group to represent the interest of Sacha Inchi in Colombia.
We will also meet with Organizaciones Solidarias to discuss the plan to be presented to the president Ivan Duque.
Kate will meet with a representative of el procurador de la Paz.
Kate will also be at the US embassy to discuss the support of the embassy and to see if we can talk with the FBI at the US embassy on the stock manipulation case.
We will update everybody tomorrow on all these meetings.
President Ivan Duque to meet with President Donald Trump at the White House on February 13, 2019
President Donald J. Trump and First Lady Melania Trump
will welcome
President Ivan Duque Marquez and First Lady Maria Juliana Ruiz Sandoval of Colombia
to the White House on Wednesday, February 13, 2019.
President Trump and President Duque
will build upon the strong partnership that exists between their nations in pursuit of a more prosperous, secure, and democratic Western Hemisphere.
The leaders expect to discuss their commitment to pro-growth policies, combating terrorism and illicit narcotic networks, strategic partnerships in regional security, and efforts to restore democracy in Venezuela.
Sacha Inchi products on Alibaba compare to the quality of products of Inca Worldwide
China and Vietnam started growing Sacha Inchi seed for the last 5 years but they have failed to penetrate the market in the USA and Europe.
Sacha Inchi seeds have a very dry taste if they are not roasted properly.
Alibaba has many sites selling Sacha Inchi seed raw and the roasted Sacha Inchi seeds but there is no feedback on the taste.
All the Sacha Inchi roasted seed on Amazon have very poor reviews on the taste.
Peru has been banned from selling Sacha Inchi seeds to South Korea the biggest buyer of Sacha Inchi seeds in the world because the seeds were contaminated.
On 2015-02-11, the FDA announced that Sunfood is conducting a recall on Organic Sacha Inchi Powder due to possible contamination with Staphylococcus aureus enterotoxin.
The recalled products were sold under the brand name(s) Sunfood during an unspecified time period throughout the regions shown in the map below.
Ingredion Colombia SA met with the CEO of Inca Worldwide (OTC-QEDN) in December 2018 to discuss the possibility of adding Sacha Inchi Powder to the current products.
After the meeting, both companies signed an NDA.
Ingredion Colombia SA sent the Sacha Inchi Powder samples for analysis and now we have started the second phase of product development.
Ingredion Colombia SA produces formulas for children, pregnant women and people over 62.
These formulas are sold to different Colombian government programs.
GMS and Ingredion Colombia SA will continue to work together to develop formulas that can be provided to farmers that grow Sacha Inchi at a low cost.
This way our farmers can benefit from the Sacha Inchi they grow.
We expect to have twoDistribution Contracts before the end of the first quarter of 2019.
One Distribution Contract for Grupo Nutresa and one Distribution Contract for Ingredion Colombia SA
Nutresa moves to product development stage with GMS and Inca Worldwide
Kate Bahnsen the CEO of Inca Worldwide (OTC:QEDN) and GMS met yesterday January 30, 2019 in Nutresa with the director of product development of Noel S.A., the director of Fundacion Nutresa, the head of purchasing department of Grupo Nutresa and the director of sustainable products.
During that meeting, it was agreed to start working with Noel to add Sacha Inchi Powder to their current products.
It was also discussed if el Grupo Nutresa could packet Sacha Inchi for their own products, for GMS and for customers that want to have their own Sacha Inchi brand products.
After this product development is done we discuss that GMS will get a letter of interest and then suppliers agreement contract from Grupo Nutresa.
Grupo Nutresa, formerlyGrupo Nacional de Chocolates S.A. is a food-processing conglomerate headquartered in Medellín, Colombia.
The group's principal activities are producing, distributing, and selling cold cuts, biscuits, chocolates, coffee, ice cream, and pasta
Updates to Bylaws of QED Connect QEDN to protect shareholders.
The board of directors has updated the bylaws to include under section 7 according to New York BSC-Business Corporation Article 11 that no debt holders or any person or legal entity that claim to have any lawsuit or debt against the Corporation will be allow to have any shares with voting rights.
QEDN common shares are the only type of free trading shares in the market.
Common shares don't have any voting rights per the bylaws establish in June 22, 2007 with the State of New York.
Only prefer shares have voting right and they are not free trading shares.
The creating of the Association of Colsacha is official.
We have created the Association of Colsacha.
This association will represent all the companies that grow, transform, sell in Colombia and export outside of Colombia Sacha Inchi and its products.
GMS is part of the board of directors of the 13 companies that make part of this association. The ministry of agriculture is creating the value chain of Sacha Inchi where we have farmers, associations, transformers, and buyers all working together.
A similar model of the Coffee Federation that has been very successful.
GMS is representing the following states (Departments) Antioquia, Choco, Cauca, and Guaviare.
Inca Worldwide and GMS moves forward with Nutresa January 29, 2019
Dear Shareholders, Followers, and Consumers:
Our management team will meet on January 29, 2019, with Fundacion Nutresa and its management team.
Fundacion Nutresa has reviewed the project and wants to incorporate our snacks, protein, and milk to their products. We expect to have a clear plan after this meeting on how we can work with Nutresa.
Grupo Nutresa has accelerated its expansion process by acquiring companies with significant tradition and recognition in the strategic region, whose own history is reflected in the following timeline.
Organizaciones Solidarias will finance 2,000 hectares Yesterday we met with Rafael Gonzales national director of Organizaciones Solidarias, a division of the Colombian.
This institution creates organize projects for the Colombian government their mission is;
"Promote, strengthen and develop social-business that are organizations to generate development in different regions of the country."
met with Rafael Gonzales director of Organizaciones Solidarias to lay out how we will work with the government and to finalized the main document that will be presented to the government.
We also meet with the representative of the Prosecutor for Peace in Bogota who is reviewing the cases and should make a determination before the end of the month.
We have been referring to the District Attorney in
Jacksonville, Florida, Newark, New Jersey, and New York
to start an investigation not only by the FBI but also by the District Attorney against
* Lattucca, * Lisa Purdon, * Brad Hughes and * Cosmin Panai
for Stock manipulation.
The posting regarding any type of sanctions are from a small court in Florida and is again another stock manipulation tactic and will not affect the companies.
The companies are not registered in Florida or do business in Florida.
This is a highly organized fraud case manage by these individuals that are now in the hands of the proper authorities.
_________________________________
Tomorrow, Tuesday, January 22, 2019, we will meet withRafael Gonzales director of Organizaciones Solidarias to lay out how we will work with the government and to finalized the main document that will be presented to the government.
We are also meeting with the president of el Banco Agrario Francisco José Mejía Sendoya to finalize the loans to farmers ofSacha Inchi.
We are please to announce the USDA (United States Department of Agriculture)
has allowed Sacha Inchi products for consumption from Inca Worldwide (OTC-QEDN) to enter the US.
All seeds need to be inspected by the USDA, the customs and boarder protection, Agriculture Quarantine Inspection (CBP-AQI) or Plant Protection and Quarantine (PPQ).
The INVIMA certification is the equivalent to theFDA the United States Food & Drug License to Sell & Ship to Stores in the USA but we also needed the USDA approval to ship to the USA.
Now all our products can leave Colombia and enter the USA with all required permits from Colombia and the USA.
The project will be funded by the government of Colombia.
The initial budget that Funge stores has proposed to the PNUD is $1,430,746,100 Colombian Pesos or $476,915 USD to establish two pilots, one in Guaviare and one in Putumayo, two of the most important states or departamentos in Colombia that required crop substitution.
The project in Guaviare will require GMS and Funge stores to work directly with Farc,
“Armando Ríos” del Frente 1.
The government of Colombia has allocated $19,000,000 Colombian pesos or $6,333 USD per family to do crop substitution.
The project will have required Funge stores and GMS to complete the establishment of the first 200 hectares in Guaviare and 200 hectares in Putumayo in 4 months.
After this stage is completed we can expand to Taraza Antioquia, which has 4,000 farmers that are already signed up, and then to a good portion of the 96,000 hectares of Coca leaves that are concentrated in Putumayo, Guaviare, Nariño and Norte de Santander.
Kate Bahnsen, CEO of Inca Worldwide, states:
“This is a very big milestone for our project. Working directly with the PNUD and having a project funded directly by the government, show the support of the government and the commitment of the government to do substitution of Coca leaves with Sacha Inchi.”
is forcing Colombia to eradicate at least 50,000 hectares of Coca leaves before end of 2017.
Our project wants to have at least 25% of these farmers enroll in our Sacha Inchi project by 2018
all funded by FINAGRO.
This will mean our project will have 12,500 hectares of Sacha Inchi
or a production of 70,000 tons of Sacha Inchi
by 2019.
__________________________________________
FINAGRO
The Fund for Financing the Agricultural Sector, is an entity that promotes the development of the Colombian rural sector, with financing and rural development instruments, which stimulate investment.
It is a mixed economy society of the national order, organized as a credit establishment, with a special regime, linked to the Ministry of Agriculture and Rural Development and supervised by the Financial Superintendence of Colombia.
FINAGRO acts as a second-tier entity, that is, it grants resources under conditions of promotion to financial institutions, so that they in turn grant credits to productive projects.
Likewise, to facilitate access to financing,
FINAGRO administers instruments for the development of its agricultural project.
The Company operates a processing plant and warehouse in Florida, Colombia to de-shell, hydrate, and prepare the Sacha Inchi seeds for export.
The seeds are then transported to the USA to a roasting company for final preparation, seasoning, roasting, and packaging in “retail ready” bags.
The products are marketed through retailers and other outlets under their private label as well as the company’s brand “Inca Snacks” in the USA, Canada, Japan, Europe and China.
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 Afro Colombian 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 US Aid."
The company expects to make announcements shortly with respect to sales channels on our whole sales and retail distribution.
QED Connect announces new projections due to recent developments.
Kate Bahnsen, CEO, states,
"Because of the recent new relationships we have established, and our unique ability to control supply, and ultimately create an unique product we are forced to increase our projections.
As part of the company's promise to shareholders to maintain transparency we are posting them on our website.
Based on our present strategy for year 2018 our sales will be in excess of $175,000,000 USD with $119,000,000 USD in profit.
This is an exciting time for us as we continue to work with our farmers."
As previously stated all of the funding for this project will be funded by El Banco Agrario.
_________________________________
About Inca Worldwide
Inca Worldwide is a public listed company on the OTC under the symbol QEDN.
Our project offers an alternative to Farmers in Colombia to grow crops like Inca Seeds (Sacha Inchi) instead of Coca Plants.
Our Inca Seeds (Roasted Sacha Inchi) a complete protein with all 9-essential amino-acids rich in Omega 3, 6 & 9 and an antioxidant.
A real Super-food.
Sold toprivate brands and our own brandInca Snacks.
Kate was able to contact el Grupo Éxito and started negotiating with the private label department.
We expect to be able to work with el Grupo Exito to make Sacha Inchi with their brand and to sell our Sacha Inchi product in the 2,606 stores of Almacenes Exito in 4 different countries:
* Colombia * Brazil * Uruguay and * Argentina.
Revenue for just the third quarter 2018 was USD $37,309,338.31
AboutGrupo Éxito
Grupo Exito
is one of the largest retail companies in Latin America and it’s the largest retail company in Colombia.
In addition, the company is the largest grocery store chain in Colombia.
A large Exito store in Colombia is very similar to a Super Walmart store in the United States.
Both sell groceries and both sell many other non-food items like electronics, appliances, clothing and bed and bath items.
Grupo Éxito
also is known as Almacenes Éxito S.A.
is the largest South American retail company.
It operates 2,606 stores in South America.
The stores sell a wide range of food and nonfood products.
Though originally a textiles maker and seller under such brand names as
* Arkitect * People * Bronzini * Pop Rose
recent acquisitions mostly within the last 10–20 years
have further diversified the business making it a major grocer under brand names like Surtimax and Carulla
sales of food products make up about 70-75% of revenue.
At its hypermarkets the largest of which is the Éxito chain
it sells both packaged foods and perishables in addition to department store type products ranging from electronics to furniture.
______________________________________________
Grupo Exito is listed in the Bogota Stock Exchange
GMS is on the second phase of Encampo with Fundacion Bancolombia
_________________________________________
Fundacion Bancolombia
opened a program to help small to midsize agriculture and manufacturing companies that have social impact in Colombia to have access of funds, network, shows and other programs from Bancolombia.
GMSpassed the first phase and is on the second phase of this program.
GMS has submitted the required paperwork to be one of the 3-to-5 companies that will be announce in 2020.
Bancolombia
is a full-service financial institution that provides a range of financial products and services to a diversified individual and corporate customer base throughout Colombia, as well as in other jurisdictions, such as
Panama, El Salvador, Puerto Rico, the Cayman Islands, Peru and Guatemala.
The Bank operates in nine segments:
* Banking Colombia * Banking El Salvador * Leasing * Trust * Investment * Brokerage * Off Shore * Pension and Insurance
debuts at the LAC Flavors show today and tomorrow in Cali.
Follow us today at the LAC Flavors show on
* Twitter * Facebook * Insta-gram
LAC Flavors
is one of the key Food and Beverages business forums in the region, connecting hundreds of Latin American and Caribbean (LAC) exporters with buyers/importers from around the world.
This initiative aims to expand and strengthen commercial exchange in the region, contributing to the generation of new business opportunities between SMEs in the food sector and international buyers, through business meetings ("matchmaking").
Over the past 10 years, LAC Flavors generated more than $990 million USD in future transactions following more than 17,000 business meetings held during these events.
This edition of LAC Flavors is organized by the
Inter-American Development Bank,
through
ConnectAmericas,
in collaboration with
ProColombia, the Colombian government's export promotion agency,
On September 4 and 5, Cali will have one of the most important commercial meetings in the continent for the agri-business sector.
This is LAC Flavors, an event that aims to expand and strengthen the commercial exchange between SMEs in Latin America and the Caribbean, and that this year had the registration of 250 buyers from 40 countries, from the United States to Australia, thanks to the management of ProColombia.
There will be 2,500 business meetings at the Valle del Pacífico Events Center in Cali
More than 400 exporting entrepreneurs from 20 countries in Latin America and the Caribbean confirmed their participation.
“This is the first time that LAC Flavors will be held in Cali and it gives us the opportunity to show the world the Colombian agro-export potential.
It should be noted that more than 50% of the buyers invited to this business round table come from destinations with which Colombia has current commercial agreements, so we encourage entrepreneurs to take advantage of these tariff advantages, ”said Flavia Santoro,
met with Kate on Saturday, August 31, 2019, during the event in Medellin "Contruyendo Pais".
Kate explained to President Ivan Duque the problems we had trying to get loans for the farmers and what we need to do to fix those problems and the PNIS
( Programa Nacional Integral de Subtitucion de cultivos ).
President Ivan Duque assigned two advisors Karen Abudinen and Alejandra Vera to work with Kate to solve all the problems so that the Sacha Inchi project under the GMS model will have the full support of the Colombian government.
visited GMS farmers to verify the progress and to get ready to release the first funds to expand the GMS program
____________________________________
El Fondo Colombia en Paz
visited the area of Caucasia where GMS has a contract with the local community and reviewed all the documentation provided by GMS and INCA on Saturday, August 10, 2019.
They reviewed all the documentation and the contracts with the local community.
There are currently over 50 hectares of Sacha Inchi in Caucasia all under contract with GMS and INCA.
The next step will be to release funding to plant more Sacha Inchi.
All documentation is posted on the website.
More on the advance of Sacha Inchi on the APC Colombia
Inca Worldwide (OTC:QEDN) announces that it will introduce Sacha Inchi in the US and Canadian Market.
GMS has enough product to start the Daymon Contract and to start selling on Amazon.
Amazon has already given GMS / INCA USD $100,000 on AWS credits.
Colombia has over 2,200 hectares of Sacha Inchi planted and GMS has contracted with enough farmers to bring products to the market.
Sacha Inchi is a seed rich in Omega 3,6,9 and a complete protein with all 9 amino acids.
Sacha Inchi is a real superfood that can penetrate
* the ethnic market, * the non-GMO market, * Vegan food, * the gluten-free market, * the pet food market, * the non-lactose milk market, * and Omega markets
These markets are estimated to be over $107 billion dollars by 2020.
Today the CEO will be discussing with Daymon the best strategy to start the Daymon contract.
The Ministry of Exports in Colombia is working with GMS to open an account with Amazon and to start delivering products to Amazon warehouse.
Kate Bahnsen CEO said:
" We are happy to be in a position to bring Sacha Inchi to the USA market and to start working with Daymon and Amazon to bring our Sacha Inchi Snacks to our shareholders and future consumers.
Kate was able to contact el Grupo Éxito and started negotiating with the private label department.
We expect to be able to work with el Grupo Exito to make Sacha Inchi with their brand and to sell our Sacha Inchi product in the 2,606 stores of Almacenes Exito in 4 different countries:
* Colombia * Brazil * Uruguay and * Argentina.
Revenue for just the third quarter 2018 was USD $37,309,338.31
AboutGrupo Éxito
Grupo Exito
is one of the largest retail companies in Latin America and it’s the largest retail company in Colombia.
In addition, the company is the largest grocery store chain in Colombia.
A large Exito store in Colombia is very similar to a Super Walmart store in the United States.
Both sell groceries and both sell many other non-food items like electronics, appliances, clothing and bed and bath items.
Grupo Éxito
also is known as Almacenes Éxito S.A.
is the largest South American retail company.
It operates 2,606 stores in South America.
The stores sell a wide range of food and nonfood products.
Though originally a textiles maker and seller under such brand names as
* Arkitect * People * Bronzini * Pop Rose
recent acquisitions mostly within the last 10–20 years
have further diversified the business making it a major grocer under brand names like Surtimax and Carulla
sales of food products make up about 70-75% of revenue.
At its hypermarkets the largest of which is the Éxito chain
it sells both packaged foods and perishables in addition to department store type products ranging from electronics to furniture.
______________________________________________
Grupo Exito is listed in the Bogota Stock Exchange
is the Chief Economic Advisor to President Duque and is the architect of the Orange Economy strategy for economic development in Colombia.
GMS and Inca Worldwide will present Sacha Inchi is the new Orange Economy of Colombia.
The so-called “orange bonds” are part of the Orange Economy, which refers to a country’s creative industries, one of President Iván Duque’s key proposals during his campaign and the first 100 days of his administration.
President Duque didn’t come up with the idea of the creative economy — that would be British theorist John Howkins — but he, along with fellow Colombian co-author Felipe Buitrago Restrepo,
wrote the original manual that lays out the Orange Economy during his decade at the Inter-American Development Bank (IDB).
Duque has since brought on Buitrago as an adviser to his administration.
_____________________________________________
What Is Colombia's Orange Economy ?
December 04, 2018
Welcome to the
Orange Economy —
Iván Duque's vision to capitalize on Colombia and Latin America's creative wealth.
GMS and Inca Worldwide finished the first workshop of Accelerate Colombia Summer 2019 Cohort.
Only 9 companies, out of over 90 companies that applied for the Accelerate Colombia Summer 2019 Cohort were invited including INCA / GMS
The first workshop was very successful and now we will work every week with our mentors to finish the program and become the first company to finish the Accelerate Colombia Summer 2019 Cohort.
Inca Worldwide/GMS applied for Accelerate Colombia
After a successful lunch meeting with the team of Accelerate Colombia we have applied for the Accelerate Colombia Program.
Accelerate Colombia is an accelerated program that will refine our business plan to participate in the 16 weeks Boston based Accelerate Colombia located on the MIT campus in Cambridge, MA
We will receive an intense US-based entrepreneurial experience to refine our business plans, gain early market access and have the opportunity to secure growth capital.
Accelerate Colombia will support the development of our businesses and our teams through their network of experienced mentors, corporate partners, technologists, leading universities, angel investors and venture capitalists.
While in the accelerator, we will have an opportunity to come to know the unique aspects of the US markets and how to access them to grow our ventures.
When we return to Colombia we will bring much stronger businesses and, just as importantly, knowledge of the US entrepreneurial culture, community, and processes.
In the meeting we had the full support of theArmada with Coronel de I.M.
Nulver Jose Galvis Leguizamon,
Coronel Ronal Ramos y Cadete Cesar Zapata.
The result of the meeting was:
1. The PNIS will provide GMS how many farmers will start growing Sacha Inchi
2. Our project is the most complete project that has been presented
3. as soon the PNIS provide us with the amount of farmers that want to grow Sacha Inchi we will get a complete road map on how to implement GMSSacha inchi project in Colombia
is putting a list together of all the farmers that want to do crop substitution with Sacha Inchi out of the 99,000 families enroll in the PNIS program.
_____________________________________________
The advisor of
Consejería para la Estabilización y Consolidación
wants to discuss in more detail the steps outlined on the proposal.
This program has over 99,000 families under contract with the PNIS to do voluntary crop substitution.
The program is part of the Fondo de la Paz who received funds from the United Nations and other nations to help Colombia to eradicate illegal crops in Colombia.
In the meeting, we had Mercado y Bolsa and Armada National de Colombia supporting ourSacha Inchi project.
The PNIS
askedGMS and Inca Worldwide to submit a complete proposal to put ourSacha Inchi project as the top crop substitution solutions in Colombia.
This complete proposal was submitted on Friday, June 21, 2019
The complete proposal has been posted on the website of
On Thursday we met with the new technical director of PNIS
Programa
Nacional
Integral de
Subtitucion de illicitos
Mercado y Bolsa,
Armada Nacional de Colombia
and
the director of business of presidencia.
During that meeting, we discuss how the program of GMS can be the main program for the PNIS who has over 99,000 families enroll.
What does this mean for GMS and Inca Worldwide ?
To bring our program to a good portion of the 99,000 families will provide GMS and Inca Worldwide the biggest amount of farmers in the world growing Sacha Inchi under contract.
GMS and Inca Worldwide will be able to produce
* Sacha Inchi snacks, * Milk, * Powder * Herbal tea and * Pet food made from Sacha Inchi.
Colombia will have the biggest production of Sacha Inchiin the World and GMS and Inca Worldwide will have that contract.
Inca Worldwide (OTC:QEDN) is meeting with the program of PNIS
Programa
Nacional
Integral de
Substitution de Cultivos
The crop substitution program has been reevaluated and now is being managed by the office of Renovación del Territorio.
Renovación del Territorio in cooperation with Prosperidad Social and the government of Colombia
has invited Inca Worldwide and GMS to discuss the crop substitution program.
In this meeting, we will have
Mercado y Bolsa,
La Bolsa de Valores de Bogota,
la Armada
and
Accelearate Colombia.
This program has over 99.097 families under contract and GMS and Inca Worldwide will work together to bring these contracts to the stock exchange.
This will give the opportunity to convert these contracts into an asset and generate income for the PNIS program.
The government of Colombia will also work with GMS and Inca Worldwide to get other contracts with the USA government, the United Nations, and many embassies like the South Korea embassy to obtain a contract to purchase Sacha Inchi and other products grown by the farmers that are under contract.
GMS and Inca Worldwide has already an INVIMAlicenses to sell Sacha Inchi snacks and powder in Colombia and to export Worldwide.
Drycol has finished theSacha Inchi tea and is working with GMS to process the first batch ofSacha Inchi tea.
Evok the virtual store of el Groupo Nutresa has approved the products of GMS and is working on the first order of Sacha Inchi snacks and Sacha Inchi tea made by Drycol.
The brand Tosh from el Groupo Nutresa is reviewing the products this month and make the first order.
Ingredion SAS is working to provide GMS and INCA Worldwide with a letter of interest to purchase Sacha Inchi powder.
Inca Worldwide (OTC:QEDN) has already a contract to sellSacha Inchi to 60 stores with Daymon.
Inca Worldwide (OTC:QEDN) has signed withAmazon to sell onlineSacha Inchi in the next 60 to 90 days.
The crop substitution program has been reevaluated and now is being managed by the office of Renovación del Territorio.
Renovación del Territorio in cooperation with Prosperidad Social and the government of Colombia
has invited Inca Worldwide and GMS to discuss the crop substitution program.
This program has over 99,097 families under contract and the program has not been able to pay the farmers.
Over 89,796 have only received partial payments and over 41,910 have not received any payments.
There are more Coca Leaves hectares planted now than when the PNIS program started.
Inca Worldwide and GMS have already provided a possible solution to this program and how to promote voluntary crop substitution in Colombia not only using Sacha Inchi but other crops and how to finance this program.
The June 13, 2019 meeting will be to discuss these solutions and to work together with the government and the crop substitution program.
To learn more about the Colombia government program:
has invited GMS and Inca Worldwide to the PLMA. U.S. Private Label Trade Show in Chicago on November 17-19, 2019.
Only 6 companies will participate on the Colombia booth at the PLMA show.
At the 2019 show, more than 1,500 companies from over 55 countries will exhibit their products, including 30 international pavilions.
For more than 35 years, PLMA’s annual U.S. Private Label Trade Show has been the industry event of the year giving access to the growing private label market in the U.S. and Canada, where retailers and wholesalers source for their private label programmers.
From food, snacks and beverages to household and kitchen products, from health and beauty to general merchandise.
Exhibitors range from small and medium-size companies to well-known national brand makers who also supply store brands.
After the successful presentation of our Sacha Inchi at the fair of National de Chocolates last week, the executive committee of the Tosh brand will review our Sacha Inchi products in June.
Nutresa has its own brand of cookies, snacks, infusions, granola, bars, and artisanal products.
Nutresa will carry not only our products for Evok but also for Tosh
Tosh is sold in more than 2,300 stores in South America
the global tea beverage market was estimated to be worth about 49.46 billion U.S. dollars and is forecasted to reach to about 73.13 billion U.S. dollars by 2024
Colombiana de Chocolates has requested final samples of Sacha Inchi to be used in its products.
Colombiana de Chocolates is the biggest buyers of Cacao in Colombia.
Colombiana de Chocolates is part of the Nutresa Group.
Colombina de Chocolates make Sacha Inchi products cover with Chocolates
and sell to Evok and other chains of supermarkets like Exito Group
with more than 2,300 grocery stores in South America.
Samples need to be delivered by May 15, 2019
________________________________________________
About Colombinana de Chocolates
We are part of Grupo Nutresa’s Chocolate Businesses, which has production plants in Costa Rica, Mexico, and Peru, and a wide distribution network that allows us to make our portfolio available in the most strategic regions for our business to grow.
Grupo Nutresa is one the most important players in the food industry in Latin America, operating through eight business units:
* meats,
* cookies,
* chocolates,
* Tresmontes Lucchetti (TMLUC),
* coffees,
* foods for consumers,
* ice creams,
and
* pastas.
It is also the second most reputable company in Colombia according to the 2017 Merco Empresas monitor,
and the second-best employer in the country according to Merco Talento 2017.
finished the test on our Sacha Inchiinfusion (herbal teas) for Nutresa.
We have shipped the first order of herbal tea to Drycol who will packet into bags and add dried fruits to be sold under the Evok brand.
We expect this will be the start of a great business relationship with Drycol and Nutresa.
Drycol SAS
is a Colombian company dedicated to the production of Freeze-dried and Dehydrated foods by hot air and Spray Dry (atomization).
Our plant is located in Mosquera Cundinamarca - Colombia, with the capacity to withdraw 50 tons of water per month, employing on average 60 people who are mostly head of the family.
Inca Worldwide/GMS applied for Accelerate Colombia
After a successful lunch meeting with the team of Accelerate Colombia we have applied for the Accelerate Colombia Program.
Accelerate Colombia is an accelerated program that will refine our business plan to participate in the 16 weeks Boston based Accelerate Colombia located on the MIT campus in Cambridge, MA
We will receive an intense US-based entrepreneurial experience to refine our business plans, gain early market access and have the opportunity to secure growth capital.
Accelerate Colombia will support the development of our businesses and our teams through their network of experienced mentors, corporate partners, technologists, leading universities, angel investors and venture capitalists.
While in the accelerator, we will have an opportunity to come to know the unique aspects of the US markets and how to access them to grow our ventures.
When we return to Colombia we will bring much stronger businesses and, just as importantly, knowledge of the US entrepreneurial culture, community, and processes.
Two times per year, startup companies in Colombia can apply to participate in business plan competitions.
The five winning startups will be invited to come to the 16 week Boston based Accelerate Colombia program for an intensive 16 week acceleration process.
In the Accelerate Colombia offices located on the MIT campus in Cambridge MA, they will receive an intense US-based entrepreneurial experience to refine their business plans, gain early market access and have the opportunity to secure growth capital.
Accelerate Colombia will support the development of these businesses and their teams through our network of experienced mentors, corporate partners, technologists, leading universities, angel investors and venture capitalists.
While in the accelerator, they will have an opportunity to come to know the unique aspects of the US markets and how to access them to grow their ventures.
When they return to Colombia they will bring much stronger businesses and, just as importantly, knowledge of the US entrepreneurial culture, community and processes.
QEDN Events happening this week for Inca Worldwide
Drycol
finished processing the samples for Nutresa and next week we should get final feedback and a possible first order fromNutresa.
Wednesday
Sarah, Michelle and Kate have the lunch meeting with Accelerate Colombia.
Nextrading CEO
is back on Monday from South Korea and should provide us with feedback on the possibility of exportingSacha Inchi Snacks and all the rest of our products to South Koreathe biggest buyer ofSacha Inchi.
This will allow us to export product faster and to have certification like ISO 28001.
An OEA is an Operador Economico Autorizado
that is recognized by Colombian export agencies, Invima, narcotics police and import agencies that are part of the Trade export agreement from Colombia as companies that comply with all the requirements to export Sacha Inchi and any other products.
This will reduce the time to export any of our products.
QEDN - Connecting with Boston Massachusetts Ecosystem
April 15, 2019
Sarah Bahnsen
won a lunch meeting with Accelerate Colombia
On Friday April 12,2019
we participated in the first introduction meeting of Accelerate Colombia an international business platform connecting the Colombian business community with the highly develop startup ecosystem in Boston Massachusetts.
Sarah Bahnsen won the lunch meeting with the Accelerate Colombia team.
Sacha Inchi snacks, Sacha Inchi tea and Sacha Inchi powder.
The samples where received in Japan and they are reviewing the samples at the moment.
Suntory Beverage & Food Ltd.
engages in the manufacture and sale of food products and non-alcoholic beverages.
It operates through the Domestic and International segments.
The Domestic segment produces coffee, mineral water, green and red tea, carbonated beverages, fruit juices, sports and functional drinks, and beverages for specified health use.
The International segment offers products from Europe, Oceania, Asia, and Americas such as the brands
participated in the Business match forum in Bogota.
The event had over 3,000 companies meeting to discuss business in areas of Food, Metalworking, Chemicals, Industry and Fashion.
The highlight of the meetings are:
1 - PRIME FOODS S.A.S. (Exportador) - Colombia
they export 1 container of quinoa a month and want to start with 1 pallet of Sacha Inchi a month initially but expect to have 1 container per month of Sacha Inchi before the end of the year.
is a collective team of industry experts that deliver integrated solutions from brand sales to local and global brands.
As a new brand on the verge of entering the Canadian market, CPG Brand Management offers marketing solutions that include logistics, sales, and marketing resources to build your brand respecting your vision of brands.
They want to help Inca Worldwide/GMS to bring our own brands to the market:
Sacha Inchi, Sacha Powder, Sacha Milk, and Wulff Products a complete line of pet products make with Sacha Inchi.
____________________________________
All the buyers were very impressed with the taste of our Sacha Inchi snacks and Sacha Powder.
Our biggest success was our Sacha Inchi Milk all of buyers want to be the first one to have Sacha Inchi Milk. We expect to have this product in the market mid-June
We are also the only company that has developed Sacha Inchi Milk.
New packet for our Sacha Inchi products made with sugarcane.
GMS started working with Alico a Colombian company to make a biodegrade bag made 100% from sugar cane.
All our samples will be pack on this biodegradable bag.
We present laminated packaging with paper, including products that have structures of different barriers, responding to market trends that promote the use of paper for its natural appearance and its lower environmental impact because it comes from renewable sources.
Sacha Inchi, a thousand-year-old but unknown nut, becomes a replacement alternative for illicit crops.
Still few plant it, although there is great potential.
In the middle of the era of superfoods, a new business opportunity appears for the countryside and, especially, for the areas most affected by illicit crops.
It is the Sacha Inchi, also known as the peanut of the Incas, traditionally cultivated in the Peruvian, Colombian and Ecuadorian Amazon.
Its exceptional properties, since it contains one of the highest levels of omega-3 in a vegetable, have turned it into a fashionable food, as well as into a key input for the cosmetic industry.
Their global demand and the low supply (Peru is the main producer) have made this crop profitable.
So much so that it could substitute illicit crops like coca.
A Sacha Inchi plant begins to produce 7 months after sowing, two months more than coca.
And for the production of one hectare a farmer can receive between $15 million and $18 million, compared to $20 million of coca, which makes it a real substitute.
presides Inca Worldwide, a firm that promotes Sacha Inchi in the country and industrializes it for export.
She explains that other crops with which they have sought to substitute illicit crops take a long time to produce the first harvest (such as cocoa or coffee).
But Sacha Inchi not only produces soon, but, unlike coca, which is now harvested every three months, it is produced every month.
Inca Worldwide buys the crop from some 2,200 farmers in Antioquia, Chocó, Cundinamarca and Guaviare, which is equivalent to about 280 hectares.
Figures from the Ministry of Agriculture indicate that in the country there are some thousand hectares sown, of which 685 are currently producing.
The Putumayo and the Valle del Cauca have more planted area than the rest of the departments.
You can also read:
Peasants who leave illicit crops will have a discount on trademark registration
In Antioquia the crop is growing and there are already 115 hectares sown.
In fact, the Government allocated money from the royalties so that the Eafit, National and Bolivarian Universities could carry out a study about the potential of the crop in the department.
Jaime Garzón,
Secretary of Agriculture of Antioquia, argues that this product can be an important line for the department.
Therefore, they want to promote it in an orderly manner, after analyzing the vocation of the land of the nine regions of Antioquia.
They have realized that it works in municipalities affected by the conflict, such as some of the Magdalena Medio and Bajo Cauca.
That is why they proposed to the High Commissioner for Peace to consider Sacha Inchi not only as a substitute crop, but also to promote peace.
How is it consumed ?
The Sacha Inchi plant generates three main products: almond, oil and cake.
For its properties it is considered a very good substitute for flaxseed oil and fish oil (it has 17 times more omega-3 than salmon).
In protein it replaces soy, egg and dairy products and is in the growing category of nutraceuticals, that is, medicinal products made with natural ingredients.
Regarding the cosmetic use, Sacha Inchi oil serves to care for the skin as an antioxidant and leaves it smooth and soft (without fat).
It works very well as a moisturizer.
It is also used in moderate amounts for washing and hair treatments.
All this becomes an opportunity for the country to focus on its cultivation, with other nations such as China, which already have 700,000 hectares sown, and also in its industrial process.
Inca Worldwide operates a plant in Turbo where it processes the star Sacha Inchi, as it is harvested, to a seed, which is then converted into a snack such as peanuts, flour, milk (such as almond or soy), tea and a concentrated food for pets.
Bahnsen maintains that they have already invested US $1.5 million in the entire process of collection and production of derivatives and that they already have customers at supermarkets in the United States.
They would like to get to Korea or Japan, where these types of products are very popular.
In 2018, they exported 239 tons of Colombian Sacha Inchi, mainly to Peru, Ecuador, Panama, Denmark and the Netherlands.
The American NGO ACDI / VOCA, which promotes sustainable economic growth in vulnerable communities, highlights the work of the Agrosolidaria de Florencia (Caquetá) association in its Colombian chapter.
It stands out that one of the virtues of this crop is that it germinates despite the harsh conditions of the Amazon-intense rain, incessant heat, acid soils.
In addition, as a perennial plant, it produces crops throughout the year, which means that producers have increased their monthly income by almost 50%.
The business model has worked because Agrosolidaria guarantees the purchase of the entire crop from the producers.
And then process it to produce the oil, which already has an Invímaregistration, which facilitates its export.
With the Sacha Inchi Colombia, it can advance firmly towards an effective strategy of crop substitution.
Fashion business
Although the Sacha Inchi is a thousand-year-old plant cultivated by the Incas, in Colombia they barely know it, while US food chains such as Whole Foods have it on their shelves.
This fashionable food has nine amino acids, which for experts means it can replace the meat.
Help with blood pressure by strengthening the heart; reduces the levels of cholesterol in the blood; streamlines brain functions linked to memory, intelligence and rationing;
It serves as an antioxidant and, most importantly, from the point of view of business, is that they attribute slimming properties.
According to an investigation by the US market intelligence agency Mintel Global New Products Database, the number of new products containing components called superfoods has increased more than 200% between 2011 and 2015.
In addition, it expects its sales to exceedUS $300,000 million for 2020 only in the United States.
Results of meeting with Evok part of Nutresa Group
During our meeting with Evok part of the Nutresa Group, we agree to put together a packet of products that can be sold inside the high-end stores of Evok and on its website. https://www.evok.com.co/tiendas/.
This will allow us to test the market in Colombia before starting to sell our products outside of Colombia.
On March 1, 20019 we will meet again to show what products could be sold inside Evok stores and on its website.
First product development meeting with Evok the product development group from Nutresa that focus on ancestral herbs, fruits, and seeds in Colombia
Evok, an 'intra-enterprise' from Nutresa that wants to return to the basics and the natural with a portfolio that includes: chocolates, infusions, fruits and bakery, products made from raw materials ancestral as herbs, seed, and fruits in Colombia.
During this meeting, we will discuss what product Evok wants to make for Nutresa and what the next steps will be to obtain our initial letter of interest and a distribution agreement
President Ivan Duque meets with President Donald Trump at the White House on February 13, 2019
President Donald J. Trump and First Lady Melania Trump
welcome
President Ivan Duque Marquez and First Lady Maria Juliana Ruiz Sandoval of Colombia
to the White House on Wednesday, February 13, 2019.
President Trump and President Duque
will build upon the strong partnership that exists between their nations in pursuit of a more prosperous, secure, and democratic Western Hemisphere.
The leaders expect to discuss their commitment to pro-growth policies, combating terrorism and illicit narcotic networks, strategic partnerships in regional security, and efforts to restore democracy in Venezuela.
First annual meeting with Colsacha in Bogota February 13, 2019
Today we are having the first official meeting in Bogota with Colsacha the official association of Sacha Inchi in Bogota.
Colsacha is the organization of growers, transformers and exporters of Sacha Inchi.
The organization is working to be recognized as the main group to represent the interest of Sacha Inchi in Colombia.
We will also meet with Organizaciones Solidarias to discuss the plan to be presented to the president Ivan Duque.
Kate will meet with a representative of el procurador de la Paz.
Kate will also be at the US embassy to discuss the support of the embassy and to see if we can talk with the FBI at the US embassy on the stock manipulation case.
We will update everybody tomorrow on all these meetings.
President Ivan Duque to meet with President Donald Trump at the White House on February 13, 2019
President Donald J. Trump and First Lady Melania Trump
will welcome
President Ivan Duque Marquez and First Lady Maria Juliana Ruiz Sandoval of Colombia
to the White House on Wednesday, February 13, 2019.
President Trump and President Duque
will build upon the strong partnership that exists between their nations in pursuit of a more prosperous, secure, and democratic Western Hemisphere.
The leaders expect to discuss their commitment to pro-growth policies, combating terrorism and illicit narcotic networks, strategic partnerships in regional security, and efforts to restore democracy in Venezuela.
Sacha Inchi products on Alibaba compare to the quality of products of Inca Worldwide
China and Vietnam started growing Sacha Inchi seed for the last 5 years but they have failed to penetrate the market in the USA and Europe.
Sacha Inchi seeds have a very dry taste if they are not roasted properly.
Alibaba has many sites selling Sacha Inchi seed raw and the roasted Sacha Inchi seeds but there is no feedback on the taste.
All the Sacha Inchi roasted seed on Amazon have very poor reviews on the taste.
Peru has been banned from selling Sacha Inchi seeds to South Korea the biggest buyer of Sacha Inchi seeds in the world because the seeds were contaminated.
On 2015-02-11, the FDA announced that Sunfood is conducting a recall on Organic Sacha Inchi Powder due to possible contamination with Staphylococcus aureus enterotoxin.
The recalled products were sold under the brand name(s) Sunfood during an unspecified time period throughout the regions shown in the map below.
Ingredion Colombia SA met with the CEO of Inca Worldwide (OTC-QEDN) in December 2018 to discuss the possibility of adding Sacha Inchi Powder to the current products.
After the meeting, both companies signed an NDA.
Ingredion Colombia SA sent the Sacha Inchi Powder samples for analysis and now we have started the second phase of product development.
Ingredion Colombia SA produces formulas for children, pregnant women and people over 62.
These formulas are sold to different Colombian government programs.
GMS and Ingredion Colombia SA will continue to work together to develop formulas that can be provided to farmers that grow Sacha Inchi at a low cost.
This way our farmers can benefit from the Sacha Inchi they grow.
We expect to have twoDistribution Contracts before the end of the first quarter of 2019.
One Distribution Contract for Grupo Nutresa and one Distribution Contract for Ingredion Colombia SA
Nutresa moves to product development stage with GMS and Inca Worldwide
Kate Bahnsen the CEO of Inca Worldwide (OTC:QEDN) and GMS met yesterday January 30, 2019 in Nutresa with the director of product development of Noel S.A., the director of Fundacion Nutresa, the head of purchasing department of Grupo Nutresa and the director of sustainable products.
During that meeting, it was agreed to start working with Noel to add Sacha Inchi Powder to their current products.
It was also discussed if el Grupo Nutresa could packet Sacha Inchi for their own products, for GMS and for customers that want to have their own Sacha Inchi brand products.
After this product development is done we discuss that GMS will get a letter of interest and then suppliers agreement contract from Grupo Nutresa.
Grupo Nutresa, formerlyGrupo Nacional de Chocolates S.A. is a food-processing conglomerate headquartered in Medellín, Colombia.
The group's principal activities are producing, distributing, and selling cold cuts, biscuits, chocolates, coffee, ice cream, and pasta
Updates to Bylaws of QED Connect QEDN to protect shareholders.
The board of directors has updated the bylaws to include under section 7 according to New York BSC-Business Corporation Article 11 that no debt holders or any person or legal entity that claim to have any lawsuit or debt against the Corporation will be allow to have any shares with voting rights.
QEDN common shares are the only type of free trading shares in the market.
Common shares don't have any voting rights per the bylaws establish in June 22, 2007 with the State of New York.
Only prefer shares have voting right and they are not free trading shares.
The creating of the Association of Colsacha is official.
We have created the Association of Colsacha.
This association will represent all the companies that grow, transform, sell in Colombia and export outside of Colombia Sacha Inchi and its products.
GMS is part of the board of directors of the 13 companies that make part of this association. The ministry of agriculture is creating the value chain of Sacha Inchi where we have farmers, associations, transformers, and buyers all working together.
A similar model of the Coffee Federation that has been very successful.
GMS is representing the following states (Departments) Antioquia, Choco, Cauca, and Guaviare.
Inca Worldwide and GMS moves forward with Nutresa January 29, 2019
Dear Shareholders, Followers, and Consumers:
Our management team will meet on January 29, 2019, with Fundacion Nutresa and its management team.
Fundacion Nutresa has reviewed the project and wants to incorporate our snacks, protein, and milk to their products. We expect to have a clear plan after this meeting on how we can work with Nutresa.
Grupo Nutresa has accelerated its expansion process by acquiring companies with significant tradition and recognition in the strategic region, whose own history is reflected in the following timeline.
Organizaciones Solidarias will finance 2,000 hectares Yesterday we met with Rafael Gonzales national director of Organizaciones Solidarias, a division of the Colombian.
This institution creates organize projects for the Colombian government their mission is;
"Promote, strengthen and develop social-business that are organizations to generate development in different regions of the country."
met with Rafael Gonzales director of Organizaciones Solidarias to lay out how we will work with the government and to finalized the main document that will be presented to the government.
We also meet with the representative of the Prosecutor for Peace in Bogota who is reviewing the cases and should make a determination before the end of the month.
We have been referring to the District Attorney in
Jacksonville, Florida, Newark, New Jersey, and New York
to start an investigation not only by the FBI but also by the District Attorney against
* Lattucca, * Lisa Purdon, * Brad Hughes and * Cosmin Panai
for Stock manipulation.
The posting regarding any type of sanctions are from a small court in Florida and is again another stock manipulation tactic and will not affect the companies.
The companies are not registered in Florida or do business in Florida.
This is a highly organized fraud case manage by these individuals that are now in the hands of the proper authorities.
_________________________________
Tomorrow, Tuesday, January 22, 2019, we will meet withRafael Gonzales director of Organizaciones Solidarias to lay out how we will work with the government and to finalized the main document that will be presented to the government.
We are also meeting with the president of el Banco Agrario Francisco José Mejía Sendoya to finalize the loans to farmers ofSacha Inchi.
We are please to announce the USDA (United States Department of Agriculture)
has allowed Sacha Inchi products for consumption from Inca Worldwide (OTC-QEDN) to enter the US.
All seeds need to be inspected by the USDA, the customs and boarder protection, Agriculture Quarantine Inspection (CBP-AQI) or Plant Protection and Quarantine (PPQ).
The INVIMA certification is the equivalent to theFDA the United States Food & Drug License to Sell & Ship to Stores in the USA but we also needed the USDA approval to ship to the USA.
Now all our products can leave Colombia and enter the USA with all required permits from Colombia and the USA.
The project will be funded by the government of Colombia.
The initial budget that Funge stores has proposed to the PNUD is $1,430,746,100 Colombian Pesos or $476,915 USD to establish two pilots, one in Guaviare and one in Putumayo, two of the most important states or departamentos in Colombia that required crop substitution.
The project in Guaviare will require GMS and Funge stores to work directly with Farc,
“Armando Ríos” del Frente 1.
The government of Colombia has allocated $19,000,000 Colombian pesos or $6,333 USD per family to do crop substitution.
The project will have required Funge stores and GMS to complete the establishment of the first 200 hectares in Guaviare and 200 hectares in Putumayo in 4 months.
After this stage is completed we can expand to Taraza Antioquia, which has 4,000 farmers that are already signed up, and then to a good portion of the 96,000 hectares of Coca leaves that are concentrated in Putumayo, Guaviare, Nariño and Norte de Santander.
Kate Bahnsen, CEO of Inca Worldwide, states:
“This is a very big milestone for our project. Working directly with the PNUD and having a project funded directly by the government, show the support of the government and the commitment of the government to do substitution of Coca leaves with Sacha Inchi.”
is forcing Colombia to eradicate at least 50,000 hectares of Coca leaves before end of 2017.
Our project wants to have at least 25% of these farmers enroll in our Sacha Inchi project by 2018
all funded by FINAGRO.
This will mean our project will have 12,500 hectares of Sacha Inchi
or a production of 70,000 tons of Sacha Inchi
by 2019.
__________________________________________
FINAGRO
The Fund for Financing the Agricultural Sector, is an entity that promotes the development of the Colombian rural sector, with financing and rural development instruments, which stimulate investment.
It is a mixed economy society of the national order, organized as a credit establishment, with a special regime, linked to the Ministry of Agriculture and Rural Development and supervised by the Financial Superintendence of Colombia.
FINAGRO acts as a second-tier entity, that is, it grants resources under conditions of promotion to financial institutions, so that they in turn grant credits to productive projects.
Likewise, to facilitate access to financing,
FINAGRO administers instruments for the development of its agricultural project.
The Company operates a processing plant and warehouse in Florida, Colombia to de-shell, hydrate, and prepare the Sacha Inchi seeds for export.
The seeds are then transported to the USA to a roasting company for final preparation, seasoning, roasting, and packaging in “retail ready” bags.
The products are marketed through retailers and other outlets under their private label as well as the company’s brand “Inca Snacks” in the USA, Canada, Japan, Europe and China.
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 Afro Colombian 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 US Aid."
The company expects to make announcements shortly with respect to sales channels on our whole sales and retail distribution.
QED Connect announces new projections due to recent developments.
Kate Bahnsen, CEO, states,
"Because of the recent new relationships we have established, and our unique ability to control supply, and ultimately create an unique product we are forced to increase our projections.
As part of the company's promise to shareholders to maintain transparency we are posting them on our website.
Based on our present strategy for year 2018 our sales will be in excess of $175,000,000 USD with $119,000,000 USD in profit.
This is an exciting time for us as we continue to work with our farmers."
As previously stated all of the funding for this project will be funded by El Banco Agrario.
_________________________________
About Inca Worldwide
Inca Worldwide is a public listed company on the OTC under the symbol QEDN.
Our project offers an alternative to Farmers in Colombia to grow crops like Inca Seeds (Sacha Inchi) instead of Coca Plants.
Our Inca Seeds (Roasted Sacha Inchi) a complete protein with all 9-essential amino-acids rich in Omega 3, 6 & 9 and an antioxidant.
A real Super-food.
Sold toprivate brands and our own brandInca Snacks.
Advantage is a leading business solutions provider committed to driving growth through winning insights and execution.
Advantage’s customizable and technology-enabled sales and marketing solutions -- including headquarter sales, retail merchandising, business intelligence, and a full suite of marketing services -- are designed to help manufacturers and retailers across a broad range of channels drive consumer demand, increase sales, and achieve operating efficiencies.
Headquartered in Irvine, Calif.,
Advantage has offices throughout the United States and Canada and maintains a platform in select markets throughout Africa, Asia, Australia, and Europe through which it can service global needs of multi-national manufacturers.
GMS is on the second phase of Encampo with Fundacion Bancolombia
_________________________________________
Fundacion Bancolombia
opened a program to help small to midsize agriculture and manufacturing companies that have social impact in Colombia to have access of funds, network, shows and other programs from Bancolombia.
GMSpassed the first phase and is on the second phase of this program.
GMS has submitted the required paperwork to be one of the 3-to-5 companies that will be announce in 2020.
Bancolombia
is a full-service financial institution that provides a range of financial products and services to a diversified individual and corporate customer base throughout Colombia, as well as in other jurisdictions, such as
Panama, El Salvador, Puerto Rico, the Cayman Islands, Peru and Guatemala.
The Bank operates in nine segments:
* Banking Colombia * Banking El Salvador * Leasing * Trust * Investment * Brokerage * Off Shore * Pension and Insurance
debuts at the LAC Flavors show today and tomorrow in Cali.
Follow us today at the LAC Flavors show on
* Twitter * Facebook * Insta-gram
LAC Flavors
is one of the key Food and Beverages business forums in the region, connecting hundreds of Latin American and Caribbean (LAC) exporters with buyers/importers from around the world.
This initiative aims to expand and strengthen commercial exchange in the region, contributing to the generation of new business opportunities between SMEs in the food sector and international buyers, through business meetings ("matchmaking").
Over the past 10 years, LAC Flavors generated more than $990 million USD in future transactions following more than 17,000 business meetings held during these events.
This edition of LAC Flavors is organized by the
Inter-American Development Bank,
through
ConnectAmericas,
in collaboration with
ProColombia, the Colombian government's export promotion agency,
On September 4 and 5, Cali will have one of the most important commercial meetings in the continent for the agri-business sector.
This is LAC Flavors, an event that aims to expand and strengthen the commercial exchange between SMEs in Latin America and the Caribbean, and that this year had the registration of 250 buyers from 40 countries, from the United States to Australia, thanks to the management of ProColombia.
There will be 2,500 business meetings at the Valle del Pacífico Events Center in Cali
More than 400 exporting entrepreneurs from 20 countries in Latin America and the Caribbean confirmed their participation.
“This is the first time that LAC Flavors will be held in Cali and it gives us the opportunity to show the world the Colombian agro-export potential.
It should be noted that more than 50% of the buyers invited to this business round table come from destinations with which Colombia has current commercial agreements, so we encourage entrepreneurs to take advantage of these tariff advantages, ”said Flavia Santoro,
met with Kate on Saturday, August 31, 2019, during the event in Medellin "Contruyendo Pais".
Kate explained to President Ivan Duque the problems we had trying to get loans for the farmers and what we need to do to fix those problems and the PNIS
( Programa Nacional Integral de Subtitucion de cultivos ).
President Ivan Duque assigned two advisors Karen Abudinen and Alejandra Vera to work with Kate to solve all the problems so that the Sacha Inchi project under the GMS model will have the full support of the Colombian government.
visited GMS farmers to verify the progress and to get ready to release the first funds to expand the GMS program
____________________________________
El Fondo Colombia en Paz
visited the area of Caucasia where GMS has a contract with the local community and reviewed all the documentation provided by GMS and INCA on Saturday, August 10, 2019.
They reviewed all the documentation and the contracts with the local community.
There are currently over 50 hectares of Sacha Inchi in Caucasia all under contract with GMS and INCA.
The next step will be to release funding to plant more Sacha Inchi.
All documentation is posted on the website.
More on the advance of Sacha Inchi on the APC Colombia
Inca Worldwide (OTC:QEDN) announces that it will introduce Sacha Inchi in the US and Canadian Market.
GMS has enough product to start the Daymon Contract and to start selling on Amazon.
Amazon has already given GMS / INCA USD $100,000 on AWS credits.
Colombia has over 2,200 hectares of Sacha Inchi planted and GMS has contracted with enough farmers to bring products to the market.
Sacha Inchi is a seed rich in Omega 3,6,9 and a complete protein with all 9 amino acids.
Sacha Inchi is a real superfood that can penetrate
* the ethnic market, * the non-GMO market, * Vegan food, * the gluten-free market, * the pet food market, * the non-lactose milk market, * and Omega markets
These markets are estimated to be over $107 billion dollars by 2020.
Today the CEO will be discussing with Daymon the best strategy to start the Daymon contract.
The Ministry of Exports in Colombia is working with GMS to open an account with Amazon and to start delivering products to Amazon warehouse.
Kate Bahnsen CEO said:
" We are happy to be in a position to bring Sacha Inchi to the USA market and to start working with Daymon and Amazon to bring our Sacha Inchi Snacks to our shareholders and future consumers.
Kate was able to contact el Grupo Éxito and started negotiating with the private label department.
We expect to be able to work with el Grupo Exito to make Sacha Inchi with their brand and to sell our Sacha Inchi product in the 2,606 stores of Almacenes Exito in 4 different countries:
* Colombia * Brazil * Uruguay and * Argentina.
Revenue for just the third quarter 2018 was USD $37,309,338.31
AboutGrupo Éxito
Grupo Exito
is one of the largest retail companies in Latin America and it’s the largest retail company in Colombia.
In addition, the company is the largest grocery store chain in Colombia.
A large Exito store in Colombia is very similar to a Super Walmart store in the United States.
Both sell groceries and both sell many other non-food items like electronics, appliances, clothing and bed and bath items.
Grupo Éxito
also is known as Almacenes Éxito S.A.
is the largest South American retail company.
It operates 2,606 stores in South America.
The stores sell a wide range of food and nonfood products.
Though originally a textiles maker and seller under such brand names as
* Arkitect * People * Bronzini * Pop Rose
recent acquisitions mostly within the last 10–20 years
have further diversified the business making it a major grocer under brand names like Surtimax and Carulla
sales of food products make up about 70-75% of revenue.
At its hypermarkets the largest of which is the Éxito chain
it sells both packaged foods and perishables in addition to department store type products ranging from electronics to furniture.
______________________________________________
Grupo Exito is listed in the Bogota Stock Exchange
is the Chief Economic Advisor to President Duque and is the architect of the Orange Economy strategy for economic development in Colombia.
GMS and Inca Worldwide will present Sacha Inchi is the new Orange Economy of Colombia.
The so-called “orange bonds” are part of the Orange Economy, which refers to a country’s creative industries, one of President Iván Duque’s key proposals during his campaign and the first 100 days of his administration.
President Duque didn’t come up with the idea of the creative economy — that would be British theorist John Howkins — but he, along with fellow Colombian co-author Felipe Buitrago Restrepo,
wrote the original manual that lays out the Orange Economy during his decade at the Inter-American Development Bank (IDB).
Duque has since brought on Buitrago as an adviser to his administration.
_____________________________________________
What Is Colombia's Orange Economy ?
December 04, 2018
Welcome to the
Orange Economy —
Iván Duque's vision to capitalize on Colombia and Latin America's creative wealth.
GMS and Inca Worldwide finished the first workshop of Accelerate Colombia Summer 2019 Cohort.
Only 9 companies, out of over 90 companies that applied for the Accelerate Colombia Summer 2019 Cohort were invited including INCA / GMS
The first workshop was very successful and now we will work every week with our mentors to finish the program and become the first company to finish the Accelerate Colombia Summer 2019 Cohort.
Inca Worldwide/GMS applied for Accelerate Colombia
After a successful lunch meeting with the team of Accelerate Colombia we have applied for the Accelerate Colombia Program.
Accelerate Colombia is an accelerated program that will refine our business plan to participate in the 16 weeks Boston based Accelerate Colombia located on the MIT campus in Cambridge, MA
We will receive an intense US-based entrepreneurial experience to refine our business plans, gain early market access and have the opportunity to secure growth capital.
Accelerate Colombia will support the development of our businesses and our teams through their network of experienced mentors, corporate partners, technologists, leading universities, angel investors and venture capitalists.
While in the accelerator, we will have an opportunity to come to know the unique aspects of the US markets and how to access them to grow our ventures.
When we return to Colombia we will bring much stronger businesses and, just as importantly, knowledge of the US entrepreneurial culture, community, and processes.
In the meeting we had the full support of theArmada with Coronel de I.M.
Nulver Jose Galvis Leguizamon,
Coronel Ronal Ramos y Cadete Cesar Zapata.
The result of the meeting was:
1. The PNIS will provide GMS how many farmers will start growing Sacha Inchi
2. Our project is the most complete project that has been presented
3. as soon the PNIS provide us with the amount of farmers that want to grow Sacha Inchi we will get a complete road map on how to implement GMSSacha inchi project in Colombia
is putting a list together of all the farmers that want to do crop substitution with Sacha Inchi out of the 99,000 families enroll in the PNIS program.
_____________________________________________
The advisor of
Consejería para la Estabilización y Consolidación
wants to discuss in more detail the steps outlined on the proposal.
This program has over 99,000 families under contract with the PNIS to do voluntary crop substitution.
The program is part of the Fondo de la Paz who received funds from the United Nations and other nations to help Colombia to eradicate illegal crops in Colombia.
In the meeting, we had Mercado y Bolsa and Armada National de Colombia supporting ourSacha Inchi project.
The PNIS
askedGMS and Inca Worldwide to submit a complete proposal to put ourSacha Inchi project as the top crop substitution solutions in Colombia.
This complete proposal was submitted on Friday, June 21, 2019
The complete proposal has been posted on the website of
On Thursday we met with the new technical director of PNIS
Programa
Nacional
Integral de
Subtitucion de illicitos
Mercado y Bolsa,
Armada Nacional de Colombia
and
the director of business of presidencia.
During that meeting, we discuss how the program of GMS can be the main program for the PNIS who has over 99,000 families enroll.
What does this mean for GMS and Inca Worldwide ?
To bring our program to a good portion of the 99,000 families will provide GMS and Inca Worldwide the biggest amount of farmers in the world growing Sacha Inchi under contract.
GMS and Inca Worldwide will be able to produce
* Sacha Inchi snacks, * Milk, * Powder * Herbal tea and * Pet food made from Sacha Inchi.
Colombia will have the biggest production of Sacha Inchiin the World and GMS and Inca Worldwide will have that contract.
Inca Worldwide (OTC:QEDN) is meeting with the program of PNIS
Programa
Nacional
Integral de
Substitution de Cultivos
The crop substitution program has been reevaluated and now is being managed by the office of Renovación del Territorio.
Renovación del Territorio in cooperation with Prosperidad Social and the government of Colombia
has invited Inca Worldwide and GMS to discuss the crop substitution program.
In this meeting, we will have
Mercado y Bolsa,
La Bolsa de Valores de Bogota,
la Armada
and
Accelearate Colombia.
This program has over 99.097 families under contract and GMS and Inca Worldwide will work together to bring these contracts to the stock exchange.
This will give the opportunity to convert these contracts into an asset and generate income for the PNIS program.
The government of Colombia will also work with GMS and Inca Worldwide to get other contracts with the USA government, the United Nations, and many embassies like the South Korea embassy to obtain a contract to purchase Sacha Inchi and other products grown by the farmers that are under contract.
GMS and Inca Worldwide has already an INVIMAlicenses to sell Sacha Inchi snacks and powder in Colombia and to export Worldwide.
Drycol has finished theSacha Inchi tea and is working with GMS to process the first batch ofSacha Inchi tea.
Evok the virtual store of el Groupo Nutresa has approved the products of GMS and is working on the first order of Sacha Inchi snacks and Sacha Inchi tea made by Drycol.
The brand Tosh from el Groupo Nutresa is reviewing the products this month and make the first order.
Ingredion SAS is working to provide GMS and INCA Worldwide with a letter of interest to purchase Sacha Inchi powder.
Inca Worldwide (OTC:QEDN) has already a contract to sellSacha Inchi to 60 stores with Daymon.
Inca Worldwide (OTC:QEDN) has signed withAmazon to sell onlineSacha Inchi in the next 60 to 90 days.
The crop substitution program has been reevaluated and now is being managed by the office of Renovación del Territorio.
Renovación del Territorio in cooperation with Prosperidad Social and the government of Colombia
has invited Inca Worldwide and GMS to discuss the crop substitution program.
This program has over 99,097 families under contract and the program has not been able to pay the farmers.
Over 89,796 have only received partial payments and over 41,910 have not received any payments.
There are more Coca Leaves hectares planted now than when the PNIS program started.
Inca Worldwide and GMS have already provided a possible solution to this program and how to promote voluntary crop substitution in Colombia not only using Sacha Inchi but other crops and how to finance this program.
The June 13, 2019 meeting will be to discuss these solutions and to work together with the government and the crop substitution program.
To learn more about the Colombia government program:
has invited GMS and Inca Worldwide to the PLMA. U.S. Private Label Trade Show in Chicago on November 17-19, 2019.
Only 6 companies will participate on the Colombia booth at the PLMA show.
At the 2019 show, more than 1,500 companies from over 55 countries will exhibit their products, including 30 international pavilions.
For more than 35 years, PLMA’s annual U.S. Private Label Trade Show has been the industry event of the year giving access to the growing private label market in the U.S. and Canada, where retailers and wholesalers source for their private label programmers.
From food, snacks and beverages to household and kitchen products, from health and beauty to general merchandise.
Exhibitors range from small and medium-size companies to well-known national brand makers who also supply store brands.
After the successful presentation of our Sacha Inchi at the fair of National de Chocolates last week, the executive committee of the Tosh brand will review our Sacha Inchi products in June.
Nutresa has its own brand of cookies, snacks, infusions, granola, bars, and artisanal products.
Nutresa will carry not only our products for Evok but also for Tosh
Tosh is sold in more than 2,300 stores in South America
the global tea beverage market was estimated to be worth about 49.46 billion U.S. dollars and is forecasted to reach to about 73.13 billion U.S. dollars by 2024
Colombiana de Chocolates has requested final samples of Sacha Inchi to be used in its products.
Colombiana de Chocolates is the biggest buyers of Cacao in Colombia.
Colombiana de Chocolates is part of the Nutresa Group.
Colombina de Chocolates make Sacha Inchi products cover with Chocolates
and sell to Evok and other chains of supermarkets like Exito Group
with more than 2,300 grocery stores in South America.
Samples need to be delivered by May 15, 2019
________________________________________________
About Colombinana de Chocolates
We are part of Grupo Nutresa’s Chocolate Businesses, which has production plants in Costa Rica, Mexico, and Peru, and a wide distribution network that allows us to make our portfolio available in the most strategic regions for our business to grow.
Grupo Nutresa is one the most important players in the food industry in Latin America, operating through eight business units:
* meats,
* cookies,
* chocolates,
* Tresmontes Lucchetti (TMLUC),
* coffees,
* foods for consumers,
* ice creams,
and
* pastas.
It is also the second most reputable company in Colombia according to the 2017 Merco Empresas monitor,
and the second-best employer in the country according to Merco Talento 2017.
finished the test on our Sacha Inchiinfusion (herbal teas) for Nutresa.
We have shipped the first order of herbal tea to Drycol who will packet into bags and add dried fruits to be sold under the Evok brand.
We expect this will be the start of a great business relationship with Drycol and Nutresa.
Drycol SAS
is a Colombian company dedicated to the production of Freeze-dried and Dehydrated foods by hot air and Spray Dry (atomization).
Our plant is located in Mosquera Cundinamarca - Colombia, with the capacity to withdraw 50 tons of water per month, employing on average 60 people who are mostly head of the family.
Inca Worldwide/GMS applied for Accelerate Colombia
After a successful lunch meeting with the team of Accelerate Colombia we have applied for the Accelerate Colombia Program.
Accelerate Colombia is an accelerated program that will refine our business plan to participate in the 16 weeks Boston based Accelerate Colombia located on the MIT campus in Cambridge, MA
We will receive an intense US-based entrepreneurial experience to refine our business plans, gain early market access and have the opportunity to secure growth capital.
Accelerate Colombia will support the development of our businesses and our teams through their network of experienced mentors, corporate partners, technologists, leading universities, angel investors and venture capitalists.
While in the accelerator, we will have an opportunity to come to know the unique aspects of the US markets and how to access them to grow our ventures.
When we return to Colombia we will bring much stronger businesses and, just as importantly, knowledge of the US entrepreneurial culture, community, and processes.
Two times per year, startup companies in Colombia can apply to participate in business plan competitions.
The five winning startups will be invited to come to the 16 week Boston based Accelerate Colombia program for an intensive 16 week acceleration process.
In the Accelerate Colombia offices located on the MIT campus in Cambridge MA, they will receive an intense US-based entrepreneurial experience to refine their business plans, gain early market access and have the opportunity to secure growth capital.
Accelerate Colombia will support the development of these businesses and their teams through our network of experienced mentors, corporate partners, technologists, leading universities, angel investors and venture capitalists.
While in the accelerator, they will have an opportunity to come to know the unique aspects of the US markets and how to access them to grow their ventures.
When they return to Colombia they will bring much stronger businesses and, just as importantly, knowledge of the US entrepreneurial culture, community and processes.
QEDN Events happening this week for Inca Worldwide
Drycol
finished processing the samples for Nutresa and next week we should get final feedback and a possible first order fromNutresa.
Wednesday
Sarah, Michelle and Kate have the lunch meeting with Accelerate Colombia.
Nextrading CEO
is back on Monday from South Korea and should provide us with feedback on the possibility of exportingSacha Inchi Snacks and all the rest of our products to South Koreathe biggest buyer ofSacha Inchi.
This will allow us to export product faster and to have certification like ISO 28001.
An OEA is an Operador Economico Autorizado
that is recognized by Colombian export agencies, Invima, narcotics police and import agencies that are part of the Trade export agreement from Colombia as companies that comply with all the requirements to export Sacha Inchi and any other products.
This will reduce the time to export any of our products.
QEDN - Connecting with Boston Massachusetts Ecosystem
April 15, 2019
Sarah Bahnsen
won a lunch meeting with Accelerate Colombia
On Friday April 12,2019
we participated in the first introduction meeting of Accelerate Colombia an international business platform connecting the Colombian business community with the highly develop startup ecosystem in Boston Massachusetts.
Sarah Bahnsen won the lunch meeting with the Accelerate Colombia team.
Sacha Inchi snacks, Sacha Inchi tea and Sacha Inchi powder.
The samples where received in Japan and they are reviewing the samples at the moment.
Suntory Beverage & Food Ltd.
engages in the manufacture and sale of food products and non-alcoholic beverages.
It operates through the Domestic and International segments.
The Domestic segment produces coffee, mineral water, green and red tea, carbonated beverages, fruit juices, sports and functional drinks, and beverages for specified health use.
The International segment offers products from Europe, Oceania, Asia, and Americas such as the brands
participated in the Business match forum in Bogota.
The event had over 3,000 companies meeting to discuss business in areas of Food, Metalworking, Chemicals, Industry and Fashion.
The highlight of the meetings are:
1 - PRIME FOODS S.A.S. (Exportador) - Colombia
they export 1 container of quinoa a month and want to start with 1 pallet of Sacha Inchi a month initially but expect to have 1 container per month of Sacha Inchi before the end of the year.
is a collective team of industry experts that deliver integrated solutions from brand sales to local and global brands.
As a new brand on the verge of entering the Canadian market, CPG Brand Management offers marketing solutions that include logistics, sales, and marketing resources to build your brand respecting your vision of brands.
They want to help Inca Worldwide/GMS to bring our own brands to the market:
Sacha Inchi, Sacha Powder, Sacha Milk, and Wulff Products a complete line of pet products make with Sacha Inchi.
____________________________________
All the buyers were very impressed with the taste of our Sacha Inchi snacks and Sacha Powder.
Our biggest success was our Sacha Inchi Milk all of buyers want to be the first one to have Sacha Inchi Milk. We expect to have this product in the market mid-June
We are also the only company that has developed Sacha Inchi Milk.
New packet for our Sacha Inchi products made with sugarcane.
GMS started working with Alico a Colombian company to make a biodegrade bag made 100% from sugar cane.
All our samples will be pack on this biodegradable bag.
We present laminated packaging with paper, including products that have structures of different barriers, responding to market trends that promote the use of paper for its natural appearance and its lower environmental impact because it comes from renewable sources.
Sacha Inchi, a thousand-year-old but unknown nut, becomes a replacement alternative for illicit crops.
Still few plant it, although there is great potential.
In the middle of the era of superfoods, a new business opportunity appears for the countryside and, especially, for the areas most affected by illicit crops.
It is the Sacha Inchi, also known as the peanut of the Incas, traditionally cultivated in the Peruvian, Colombian and Ecuadorian Amazon.
Its exceptional properties, since it contains one of the highest levels of omega-3 in a vegetable, have turned it into a fashionable food, as well as into a key input for the cosmetic industry.
Their global demand and the low supply (Peru is the main producer) have made this crop profitable.
So much so that it could substitute illicit crops like coca.
A Sacha Inchi plant begins to produce 7 months after sowing, two months more than coca.
And for the production of one hectare a farmer can receive between $15 million and $18 million, compared to $20 million of coca, which makes it a real substitute.
presides Inca Worldwide, a firm that promotes Sacha Inchi in the country and industrializes it for export.
She explains that other crops with which they have sought to substitute illicit crops take a long time to produce the first harvest (such as cocoa or coffee).
But Sacha Inchi not only produces soon, but, unlike coca, which is now harvested every three months, it is produced every month.
Inca Worldwide buys the crop from some 2,200 farmers in Antioquia, Chocó, Cundinamarca and Guaviare, which is equivalent to about 280 hectares.
Figures from the Ministry of Agriculture indicate that in the country there are some thousand hectares sown, of which 685 are currently producing.
The Putumayo and the Valle del Cauca have more planted area than the rest of the departments.
You can also read:
Peasants who leave illicit crops will have a discount on trademark registration
In Antioquia the crop is growing and there are already 115 hectares sown.
In fact, the Government allocated money from the royalties so that the Eafit, National and Bolivarian Universities could carry out a study about the potential of the crop in the department.
Jaime Garzón,
Secretary of Agriculture of Antioquia, argues that this product can be an important line for the department.
Therefore, they want to promote it in an orderly manner, after analyzing the vocation of the land of the nine regions of Antioquia.
They have realized that it works in municipalities affected by the conflict, such as some of the Magdalena Medio and Bajo Cauca.
That is why they proposed to the High Commissioner for Peace to consider Sacha Inchi not only as a substitute crop, but also to promote peace.
How is it consumed ?
The Sacha Inchi plant generates three main products: almond, oil and cake.
For its properties it is considered a very good substitute for flaxseed oil and fish oil (it has 17 times more omega-3 than salmon).
In protein it replaces soy, egg and dairy products and is in the growing category of nutraceuticals, that is, medicinal products made with natural ingredients.
Regarding the cosmetic use, Sacha Inchi oil serves to care for the skin as an antioxidant and leaves it smooth and soft (without fat).
It works very well as a moisturizer.
It is also used in moderate amounts for washing and hair treatments.
All this becomes an opportunity for the country to focus on its cultivation, with other nations such as China, which already have 700,000 hectares sown, and also in its industrial process.
Inca Worldwide operates a plant in Turbo where it processes the star Sacha Inchi, as it is harvested, to a seed, which is then converted into a snack such as peanuts, flour, milk (such as almond or soy), tea and a concentrated food for pets.
Bahnsen maintains that they have already invested US $1.5 million in the entire process of collection and production of derivatives and that they already have customers at supermarkets in the United States.
They would like to get to Korea or Japan, where these types of products are very popular.
In 2018, they exported 239 tons of Colombian Sacha Inchi, mainly to Peru, Ecuador, Panama, Denmark and the Netherlands.
The American NGO ACDI / VOCA, which promotes sustainable economic growth in vulnerable communities, highlights the work of the Agrosolidaria de Florencia (Caquetá) association in its Colombian chapter.
It stands out that one of the virtues of this crop is that it germinates despite the harsh conditions of the Amazon-intense rain, incessant heat, acid soils.
In addition, as a perennial plant, it produces crops throughout the year, which means that producers have increased their monthly income by almost 50%.
The business model has worked because Agrosolidaria guarantees the purchase of the entire crop from the producers.
And then process it to produce the oil, which already has an Invímaregistration, which facilitates its export.
With the Sacha Inchi Colombia, it can advance firmly towards an effective strategy of crop substitution.
Fashion business
Although the Sacha Inchi is a thousand-year-old plant cultivated by the Incas, in Colombia they barely know it, while US food chains such as Whole Foods have it on their shelves.
This fashionable food has nine amino acids, which for experts means it can replace the meat.
Help with blood pressure by strengthening the heart; reduces the levels of cholesterol in the blood; streamlines brain functions linked to memory, intelligence and rationing;
It serves as an antioxidant and, most importantly, from the point of view of business, is that they attribute slimming properties.
According to an investigation by the US market intelligence agency Mintel Global New Products Database, the number of new products containing components called superfoods has increased more than 200% between 2011 and 2015.
In addition, it expects its sales to exceedUS $300,000 million for 2020 only in the United States.
Results of meeting with Evok part of Nutresa Group
During our meeting with Evok part of the Nutresa Group, we agree to put together a packet of products that can be sold inside the high-end stores of Evok and on its website. https://www.evok.com.co/tiendas/.
This will allow us to test the market in Colombia before starting to sell our products outside of Colombia.
On March 1, 20019 we will meet again to show what products could be sold inside Evok stores and on its website.
First product development meeting with Evok the product development group from Nutresa that focus on ancestral herbs, fruits, and seeds in Colombia
Evok, an 'intra-enterprise' from Nutresa that wants to return to the basics and the natural with a portfolio that includes: chocolates, infusions, fruits and bakery, products made from raw materials ancestral as herbs, seed, and fruits in Colombia.
During this meeting, we will discuss what product Evok wants to make for Nutresa and what the next steps will be to obtain our initial letter of interest and a distribution agreement
President Ivan Duque meets with President Donald Trump at the White House on February 13, 2019
President Donald J. Trump and First Lady Melania Trump
welcome
President Ivan Duque Marquez and First Lady Maria Juliana Ruiz Sandoval of Colombia
to the White House on Wednesday, February 13, 2019.
President Trump and President Duque
will build upon the strong partnership that exists between their nations in pursuit of a more prosperous, secure, and democratic Western Hemisphere.
The leaders expect to discuss their commitment to pro-growth policies, combating terrorism and illicit narcotic networks, strategic partnerships in regional security, and efforts to restore democracy in Venezuela.
First annual meeting with Colsacha in Bogota February 13, 2019
Today we are having the first official meeting in Bogota with Colsacha the official association of Sacha Inchi in Bogota.
Colsacha is the organization of growers, transformers and exporters of Sacha Inchi.
The organization is working to be recognized as the main group to represent the interest of Sacha Inchi in Colombia.
We will also meet with Organizaciones Solidarias to discuss the plan to be presented to the president Ivan Duque.
Kate will meet with a representative of el procurador de la Paz.
Kate will also be at the US embassy to discuss the support of the embassy and to see if we can talk with the FBI at the US embassy on the stock manipulation case.
We will update everybody tomorrow on all these meetings.
President Ivan Duque to meet with President Donald Trump at the White House on February 13, 2019
President Donald J. Trump and First Lady Melania Trump
will welcome
President Ivan Duque Marquez and First Lady Maria Juliana Ruiz Sandoval of Colombia
to the White House on Wednesday, February 13, 2019.
President Trump and President Duque
will build upon the strong partnership that exists between their nations in pursuit of a more prosperous, secure, and democratic Western Hemisphere.
The leaders expect to discuss their commitment to pro-growth policies, combating terrorism and illicit narcotic networks, strategic partnerships in regional security, and efforts to restore democracy in Venezuela.
Sacha Inchi products on Alibaba compare to the quality of products of Inca Worldwide
China and Vietnam started growing Sacha Inchi seed for the last 5 years but they have failed to penetrate the market in the USA and Europe.
Sacha Inchi seeds have a very dry taste if they are not roasted properly.
Alibaba has many sites selling Sacha Inchi seed raw and the roasted Sacha Inchi seeds but there is no feedback on the taste.
All the Sacha Inchi roasted seed on Amazon have very poor reviews on the taste.
Peru has been banned from selling Sacha Inchi seeds to South Korea the biggest buyer of Sacha Inchi seeds in the world because the seeds were contaminated.
On 2015-02-11, the FDA announced that Sunfood is conducting a recall on Organic Sacha Inchi Powder due to possible contamination with Staphylococcus aureus enterotoxin.
The recalled products were sold under the brand name(s) Sunfood during an unspecified time period throughout the regions shown in the map below.
Ingredion Colombia SA met with the CEO of Inca Worldwide (OTC-QEDN) in December 2018 to discuss the possibility of adding Sacha Inchi Powder to the current products.
After the meeting, both companies signed an NDA.
Ingredion Colombia SA sent the Sacha Inchi Powder samples for analysis and now we have started the second phase of product development.
Ingredion Colombia SA produces formulas for children, pregnant women and people over 62.
These formulas are sold to different Colombian government programs.
GMS and Ingredion Colombia SA will continue to work together to develop formulas that can be provided to farmers that grow Sacha Inchi at a low cost.
This way our farmers can benefit from the Sacha Inchi they grow.
We expect to have twoDistribution Contracts before the end of the first quarter of 2019.
One Distribution Contract for Grupo Nutresa and one Distribution Contract for Ingredion Colombia SA
Nutresa moves to product development stage with GMS and Inca Worldwide
Kate Bahnsen the CEO of Inca Worldwide (OTC:QEDN) and GMS met yesterday January 30, 2019 in Nutresa with the director of product development of Noel S.A., the director of Fundacion Nutresa, the head of purchasing department of Grupo Nutresa and the director of sustainable products.
During that meeting, it was agreed to start working with Noel to add Sacha Inchi Powder to their current products.
It was also discussed if el Grupo Nutresa could packet Sacha Inchi for their own products, for GMS and for customers that want to have their own Sacha Inchi brand products.
After this product development is done we discuss that GMS will get a letter of interest and then suppliers agreement contract from Grupo Nutresa.
Grupo Nutresa, formerlyGrupo Nacional de Chocolates S.A. is a food-processing conglomerate headquartered in Medellín, Colombia.
The group's principal activities are producing, distributing, and selling cold cuts, biscuits, chocolates, coffee, ice cream, and pasta
Updates to Bylaws of QED Connect QEDN to protect shareholders.
The board of directors has updated the bylaws to include under section 7 according to New York BSC-Business Corporation Article 11 that no debt holders or any person or legal entity that claim to have any lawsuit or debt against the Corporation will be allow to have any shares with voting rights.
QEDN common shares are the only type of free trading shares in the market.
Common shares don't have any voting rights per the bylaws establish in June 22, 2007 with the State of New York.
Only prefer shares have voting right and they are not free trading shares.
The creating of the Association of Colsacha is official.
We have created the Association of Colsacha.
This association will represent all the companies that grow, transform, sell in Colombia and export outside of Colombia Sacha Inchi and its products.
GMS is part of the board of directors of the 13 companies that make part of this association. The ministry of agriculture is creating the value chain of Sacha Inchi where we have farmers, associations, transformers, and buyers all working together.
A similar model of the Coffee Federation that has been very successful.
GMS is representing the following states (Departments) Antioquia, Choco, Cauca, and Guaviare.
Inca Worldwide and GMS moves forward with Nutresa January 29, 2019
Dear Shareholders, Followers, and Consumers:
Our management team will meet on January 29, 2019, with Fundacion Nutresa and its management team.
Fundacion Nutresa has reviewed the project and wants to incorporate our snacks, protein, and milk to their products. We expect to have a clear plan after this meeting on how we can work with Nutresa.
Grupo Nutresa has accelerated its expansion process by acquiring companies with significant tradition and recognition in the strategic region, whose own history is reflected in the following timeline.
Organizaciones Solidarias will finance 2,000 hectares Yesterday we met with Rafael Gonzales national director of Organizaciones Solidarias, a division of the Colombian.
This institution creates organize projects for the Colombian government their mission is;
"Promote, strengthen and develop social-business that are organizations to generate development in different regions of the country."
met with Rafael Gonzales director of Organizaciones Solidarias to lay out how we will work with the government and to finalized the main document that will be presented to the government.
We also meet with the representative of the Prosecutor for Peace in Bogota who is reviewing the cases and should make a determination before the end of the month.
We have been referring to the District Attorney in
Jacksonville, Florida, Newark, New Jersey, and New York
to start an investigation not only by the FBI but also by the District Attorney against
* Lattucca, * Lisa Purdon, * Brad Hughes and * Cosmin Panai
for Stock manipulation.
The posting regarding any type of sanctions are from a small court in Florida and is again another stock manipulation tactic and will not affect the companies.
The companies are not registered in Florida or do business in Florida.
This is a highly organized fraud case manage by these individuals that are now in the hands of the proper authorities.
_________________________________
Tomorrow, Tuesday, January 22, 2019, we will meet withRafael Gonzales director of Organizaciones Solidarias to lay out how we will work with the government and to finalized the main document that will be presented to the government.
We are also meeting with the president of el Banco Agrario Francisco José Mejía Sendoya to finalize the loans to farmers ofSacha Inchi.
We are please to announce the USDA (United States Department of Agriculture)
has allowed Sacha Inchi products for consumption from Inca Worldwide (OTC-QEDN) to enter the US.
All seeds need to be inspected by the USDA, the customs and boarder protection, Agriculture Quarantine Inspection (CBP-AQI) or Plant Protection and Quarantine (PPQ).
The INVIMA certification is the equivalent to theFDA the United States Food & Drug License to Sell & Ship to Stores in the USA but we also needed the USDA approval to ship to the USA.
Now all our products can leave Colombia and enter the USA with all required permits from Colombia and the USA.
The project will be funded by the government of Colombia.
The initial budget that Funge stores has proposed to the PNUD is $1,430,746,100 Colombian Pesos or $476,915 USD to establish two pilots, one in Guaviare and one in Putumayo, two of the most important states or departamentos in Colombia that required crop substitution.
The project in Guaviare will require GMS and Funge stores to work directly with Farc,
“Armando Ríos” del Frente 1.
The government of Colombia has allocated $19,000,000 Colombian pesos or $6,333 USD per family to do crop substitution.
The project will have required Funge stores and GMS to complete the establishment of the first 200 hectares in Guaviare and 200 hectares in Putumayo in 4 months.
After this stage is completed we can expand to Taraza Antioquia, which has 4,000 farmers that are already signed up, and then to a good portion of the 96,000 hectares of Coca leaves that are concentrated in Putumayo, Guaviare, Nariño and Norte de Santander.
Kate Bahnsen, CEO of Inca Worldwide, states:
“This is a very big milestone for our project. Working directly with the PNUD and having a project funded directly by the government, show the support of the government and the commitment of the government to do substitution of Coca leaves with Sacha Inchi.”
is forcing Colombia to eradicate at least 50,000 hectares of Coca leaves before end of 2017.
Our project wants to have at least 25% of these farmers enroll in our Sacha Inchi project by 2018
all funded by FINAGRO.
This will mean our project will have 12,500 hectares of Sacha Inchi
or a production of 70,000 tons of Sacha Inchi
by 2019.
__________________________________________
FINAGRO
The Fund for Financing the Agricultural Sector, is an entity that promotes the development of the Colombian rural sector, with financing and rural development instruments, which stimulate investment.
It is a mixed economy society of the national order, organized as a credit establishment, with a special regime, linked to the Ministry of Agriculture and Rural Development and supervised by the Financial Superintendence of Colombia.
FINAGRO acts as a second-tier entity, that is, it grants resources under conditions of promotion to financial institutions, so that they in turn grant credits to productive projects.
Likewise, to facilitate access to financing,
FINAGRO administers instruments for the development of its agricultural project.
The Company operates a processing plant and warehouse in Florida, Colombia to de-shell, hydrate, and prepare the Sacha Inchi seeds for export.
The seeds are then transported to the USA to a roasting company for final preparation, seasoning, roasting, and packaging in “retail ready” bags.
The products are marketed through retailers and other outlets under their private label as well as the company’s brand “Inca Snacks” in the USA, Canada, Japan, Europe and China.
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 Afro Colombian 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 US Aid."
The company expects to make announcements shortly with respect to sales channels on our whole sales and retail distribution.
QED Connect announces new projections due to recent developments.
Kate Bahnsen, CEO, states,
"Because of the recent new relationships we have established, and our unique ability to control supply, and ultimately create an unique product we are forced to increase our projections.
As part of the company's promise to shareholders to maintain transparency we are posting them on our website.
Based on our present strategy for year 2018 our sales will be in excess of $175,000,000 USD with $119,000,000 USD in profit.
This is an exciting time for us as we continue to work with our farmers."
As previously stated all of the funding for this project will be funded by El Banco Agrario.
_________________________________
About Inca Worldwide
Inca Worldwide is a public listed company on the OTC under the symbol QEDN.
Our project offers an alternative to Farmers in Colombia to grow crops like Inca Seeds (Sacha Inchi) instead of Coca Plants.
Our Inca Seeds (Roasted Sacha Inchi) a complete protein with all 9-essential amino-acids rich in Omega 3, 6 & 9 and an antioxidant.
A real Super-food.
Sold toprivate brands and our own brandInca Snacks.
“We will continue to look for companies that we can help grow and improve, while bringing us new capabilities, particularly those related to health and nutrition”.
“Our inorganic growth strategy is deployed on two fronts:
One which targets medium and large companies in our strategic region.
And the other where we invest in ventures that we target because of the capabilities we can develop together and the possibilities of accelerating their growth by leveraging on all our platforms.
After the successful presentation of our Sacha Inchi at the fair of National de Chocolates last week, the executive committee of the Tosh brand will review our Sacha Inchi products in June.
Nutresa has its own brand of cookies, snacks, infusions, granola, bars, and artisanal products.
Nutresa will carry not only our products for Evok but also for Tosh
Tosh is sold in more than 2,300 stores in South America
the global tea beverage market was estimated to be worth about 49.46 billion U.S. dollars and is forecasted to reach to about 73.13 billion U.S. dollars by 2024
Colombiana de Chocolates has requested final samples of Sacha Inchi to be used in its products.
Colombiana de Chocolates is the biggest buyers of Cacao in Colombia.
Colombiana de Chocolates is part of the Nutresa Group.
Colombina de Chocolates make Sacha Inchi products cover with Chocolates
and sell to Evok and other chains of supermarkets like Exito Group
with more than 2,300 grocery stores in South America.
Samples need to be delivered by May 15, 2019
________________________________________________
About Colombinana de Chocolates
We are part of Grupo Nutresa’s Chocolate Businesses, which has production plants in Costa Rica, Mexico, and Peru, and a wide distribution network that allows us to make our portfolio available in the most strategic regions for our business to grow.
Grupo Nutresa is one the most important players in the food industry in Latin America, operating through eight business units:
* meats,
* cookies,
* chocolates,
* Tresmontes Lucchetti (TMLUC),
* coffees,
* foods for consumers,
* ice creams,
and
* pastas.
It is also the second most reputable company in Colombia according to the 2017 Merco Empresas monitor,
and the second-best employer in the country according to Merco Talento 2017.
finished the test on our Sacha Inchiinfusion (herbal teas) for Nutresa.
We have shipped the first order of herbal tea to Drycol who will packet into bags and add dried fruits to be sold under the Evok brand.
We expect this will be the start of a great business relationship with Drycol and Nutresa.
Drycol SAS
is a Colombian company dedicated to the production of Freeze-dried and Dehydrated foods by hot air and Spray Dry (atomization).
Our plant is located in Mosquera Cundinamarca - Colombia, with the capacity to withdraw 50 tons of water per month, employing on average 60 people who are mostly head of the family.
QEDN Events happening this week for Inca Worldwide
Drycol
finished processing the samples for Nutresa and next week we should get final feedback and a possible first order fromNutresa.
Wednesday
Sarah, Michelle and Kate have the lunch meeting with Accelerate Colombia.
Nextrading CEO
is back on Monday from South Korea and should provide us with feedback on the possibility of exportingSacha Inchi Snacks and all the rest of our products to South Koreathe biggest buyer ofSacha Inchi.
Results of meeting with Evok part of Nutresa Group
During our meeting with Evok part of the Nutresa Group, we agree to put together a packet of products that can be sold inside the high-end stores of Evok and on its website. https://www.evok.com.co/tiendas/.
This will allow us to test the market in Colombia before starting to sell our products outside of Colombia.
On March 1, 20019 we will meet again to show what products could be sold inside Evok stores and on its website.
First product development meeting with Evok the product development group from Nutresa that focus on ancestral herbs, fruits, and seeds in Colombia
Evok, an 'intra-enterprise' from Nutresa that wants to return to the basics and the natural with a portfolio that includes: chocolates, infusions, fruits and bakery, products made from raw materials ancestral as herbs, seed, and fruits in Colombia.
During this meeting, we will discuss what product Evok wants to make for Nutresa and what the next steps will be to obtain our initial letter of interest and a distribution agreement
Nutresa moves to product development stage with GMS and Inca Worldwide
Kate Bahnsen the CEO of Inca Worldwide (OTC:QEDN) and GMS met yesterday January 30, 2019 in Nutresa with the director of product development of Noel S.A., the director of Fundacion Nutresa, the head of purchasing department of Grupo Nutresa and the director of sustainable products.
During that meeting, it was agreed to start working with Noel to add Sacha Inchi Powder to their current products.
It was also discussed if el Grupo Nutresa could packet Sacha Inchi for their own products, for GMS and for customers that want to have their own Sacha Inchi brand products.
After this product development is done we discuss that GMS will get a letter of interest and then suppliers agreement contract from Grupo Nutresa.
Grupo Nutresa, formerlyGrupo Nacional de Chocolates S.A. is a food-processing conglomerate headquartered in Medellín, Colombia.
The group's principal activities are producing, distributing, and selling cold cuts, biscuits, chocolates, coffee, ice cream, and pasta
Advantage is a leading business solutions provider committed to driving growth through winning insights and execution.
Advantage’s customizable and technology-enabled sales and marketing solutions -- including headquarter sales, retail merchandising, business intelligence, and a full suite of marketing services -- are designed to help manufacturers and retailers across a broad range of channels drive consumer demand, increase sales, and achieve operating efficiencies.
Headquartered in Irvine, Calif.,
Advantage has offices throughout the United States and Canada and maintains a platform in select markets throughout Africa, Asia, Australia, and Europe through which it can service global needs of multi-national manufacturers.
GMS is on the second phase of Encampo with Fundacion Bancolombia
_________________________________________
Fundacion Bancolombia
opened a program to help small to midsize agriculture and manufacturing companies that have social impact in Colombia to have access of funds, network, shows and other programs from Bancolombia.
GMSpassed the first phase and is on the second phase of this program.
GMS has submitted the required paperwork to be one of the 3-to-5 companies that will be announce in 2020.
Bancolombia
is a full-service financial institution that provides a range of financial products and services to a diversified individual and corporate customer base throughout Colombia, as well as in other jurisdictions, such as
Panama, El Salvador, Puerto Rico, the Cayman Islands, Peru and Guatemala.
The Bank operates in nine segments:
* Banking Colombia * Banking El Salvador * Leasing * Trust * Investment * Brokerage * Off Shore * Pension and Insurance
debuts at the LAC Flavors show today and tomorrow in Cali.
Follow us today at the LAC Flavors show on
* Twitter * Facebook * Insta-gram
LAC Flavors
is one of the key Food and Beverages business forums in the region, connecting hundreds of Latin American and Caribbean (LAC) exporters with buyers/importers from around the world.
This initiative aims to expand and strengthen commercial exchange in the region, contributing to the generation of new business opportunities between SMEs in the food sector and international buyers, through business meetings ("matchmaking").
Over the past 10 years, LAC Flavors generated more than $990 million USD in future transactions following more than 17,000 business meetings held during these events.
This edition of LAC Flavors is organized by the
Inter-American Development Bank,
through
ConnectAmericas,
in collaboration with
ProColombia, the Colombian government's export promotion agency,
On September 4 and 5, Cali will have one of the most important commercial meetings in the continent for the agri-business sector.
This is LAC Flavors, an event that aims to expand and strengthen the commercial exchange between SMEs in Latin America and the Caribbean, and that this year had the registration of 250 buyers from 40 countries, from the United States to Australia, thanks to the management of ProColombia.
There will be 2,500 business meetings at the Valle del Pacífico Events Center in Cali
More than 400 exporting entrepreneurs from 20 countries in Latin America and the Caribbean confirmed their participation.
“This is the first time that LAC Flavors will be held in Cali and it gives us the opportunity to show the world the Colombian agro-export potential.
It should be noted that more than 50% of the buyers invited to this business round table come from destinations with which Colombia has current commercial agreements, so we encourage entrepreneurs to take advantage of these tariff advantages, ”said Flavia Santoro,
met with Kate on Saturday, August 31, 2019, during the event in Medellin "Contruyendo Pais".
Kate explained to President Ivan Duque the problems we had trying to get loans for the farmers and what we need to do to fix those problems and the PNIS
( Programa Nacional Integral de Subtitucion de cultivos ).
President Ivan Duque assigned two advisors Karen Abudinen and Alejandra Vera to work with Kate to solve all the problems so that the Sacha Inchi project under the GMS model will have the full support of the Colombian government.
visited GMS farmers to verify the progress and to get ready to release the first funds to expand the GMS program
____________________________________
El Fondo Colombia en Paz
visited the area of Caucasia where GMS has a contract with the local community and reviewed all the documentation provided by GMS and INCA on Saturday, August 10, 2019.
They reviewed all the documentation and the contracts with the local community.
There are currently over 50 hectares of Sacha Inchi in Caucasia all under contract with GMS and INCA.
The next step will be to release funding to plant more Sacha Inchi.
All documentation is posted on the website.
More on the advance of Sacha Inchi on the APC Colombia
Inca Worldwide (OTC:QEDN) announces that it will introduce Sacha Inchi in the US and Canadian Market.
GMS has enough product to start the Daymon Contract and to start selling on Amazon.
Amazon has already given GMS / INCA USD $100,000 on AWS credits.
Colombia has over 2,200 hectares of Sacha Inchi planted and GMS has contracted with enough farmers to bring products to the market.
Sacha Inchi is a seed rich in Omega 3,6,9 and a complete protein with all 9 amino acids.
Sacha Inchi is a real superfood that can penetrate
* the ethnic market, * the non-GMO market, * Vegan food, * the gluten-free market, * the pet food market, * the non-lactose milk market, * and Omega markets
These markets are estimated to be over $107 billion dollars by 2020.
Today the CEO will be discussing with Daymon the best strategy to start the Daymon contract.
The Ministry of Exports in Colombia is working with GMS to open an account with Amazon and to start delivering products to Amazon warehouse.
Kate Bahnsen CEO said:
" We are happy to be in a position to bring Sacha Inchi to the USA market and to start working with Daymon and Amazon to bring our Sacha Inchi Snacks to our shareholders and future consumers.
Kate was able to contact el Grupo Éxito and started negotiating with the private label department.
We expect to be able to work with el Grupo Exito to make Sacha Inchi with their brand and to sell our Sacha Inchi product in the 2,606 stores of Almacenes Exito in 4 different countries:
* Colombia * Brazil * Uruguay and * Argentina.
Revenue for just the third quarter 2018 was USD $37,309,338.31
AboutGrupo Éxito
Grupo Exito
is one of the largest retail companies in Latin America and it’s the largest retail company in Colombia.
In addition, the company is the largest grocery store chain in Colombia.
A large Exito store in Colombia is very similar to a Super Walmart store in the United States.
Both sell groceries and both sell many other non-food items like electronics, appliances, clothing and bed and bath items.
Grupo Éxito
also is known as Almacenes Éxito S.A.
is the largest South American retail company.
It operates 2,606 stores in South America.
The stores sell a wide range of food and nonfood products.
Though originally a textiles maker and seller under such brand names as
* Arkitect * People * Bronzini * Pop Rose
recent acquisitions mostly within the last 10–20 years
have further diversified the business making it a major grocer under brand names like Surtimax and Carulla
sales of food products make up about 70-75% of revenue.
At its hypermarkets the largest of which is the Éxito chain
it sells both packaged foods and perishables in addition to department store type products ranging from electronics to furniture.
______________________________________________
Grupo Exito is listed in the Bogota Stock Exchange
is the Chief Economic Advisor to President Duque and is the architect of the Orange Economy strategy for economic development in Colombia.
GMS and Inca Worldwide will present Sacha Inchi is the new Orange Economy of Colombia.
The so-called “orange bonds” are part of the Orange Economy, which refers to a country’s creative industries, one of President Iván Duque’s key proposals during his campaign and the first 100 days of his administration.
President Duque didn’t come up with the idea of the creative economy — that would be British theorist John Howkins — but he, along with fellow Colombian co-author Felipe Buitrago Restrepo,
wrote the original manual that lays out the Orange Economy during his decade at the Inter-American Development Bank (IDB).
Duque has since brought on Buitrago as an adviser to his administration.
_____________________________________________
What Is Colombia's Orange Economy ?
December 04, 2018
Welcome to the
Orange Economy —
Iván Duque's vision to capitalize on Colombia and Latin America's creative wealth.
GMS and Inca Worldwide finished the first workshop of Accelerate Colombia Summer 2019 Cohort.
Only 9 companies, out of over 90 companies that applied for the Accelerate Colombia Summer 2019 Cohort were invited including INCA / GMS
The first workshop was very successful and now we will work every week with our mentors to finish the program and become the first company to finish the Accelerate Colombia Summer 2019 Cohort.
Inca Worldwide/GMS applied for Accelerate Colombia
After a successful lunch meeting with the team of Accelerate Colombia we have applied for the Accelerate Colombia Program.
Accelerate Colombia is an accelerated program that will refine our business plan to participate in the 16 weeks Boston based Accelerate Colombia located on the MIT campus in Cambridge, MA
We will receive an intense US-based entrepreneurial experience to refine our business plans, gain early market access and have the opportunity to secure growth capital.
Accelerate Colombia will support the development of our businesses and our teams through their network of experienced mentors, corporate partners, technologists, leading universities, angel investors and venture capitalists.
While in the accelerator, we will have an opportunity to come to know the unique aspects of the US markets and how to access them to grow our ventures.
When we return to Colombia we will bring much stronger businesses and, just as importantly, knowledge of the US entrepreneurial culture, community, and processes.
In the meeting we had the full support of theArmada with Coronel de I.M.
Nulver Jose Galvis Leguizamon,
Coronel Ronal Ramos y Cadete Cesar Zapata.
The result of the meeting was:
1. The PNIS will provide GMS how many farmers will start growing Sacha Inchi
2. Our project is the most complete project that has been presented
3. as soon the PNIS provide us with the amount of farmers that want to grow Sacha Inchi we will get a complete road map on how to implement GMSSacha inchi project in Colombia
is putting a list together of all the farmers that want to do crop substitution with Sacha Inchi out of the 99,000 families enroll in the PNIS program.
_____________________________________________
The advisor of
Consejería para la Estabilización y Consolidación
wants to discuss in more detail the steps outlined on the proposal.
This program has over 99,000 families under contract with the PNIS to do voluntary crop substitution.
The program is part of the Fondo de la Paz who received funds from the United Nations and other nations to help Colombia to eradicate illegal crops in Colombia.
In the meeting, we had Mercado y Bolsa and Armada National de Colombia supporting ourSacha Inchi project.
The PNIS
askedGMS and Inca Worldwide to submit a complete proposal to put ourSacha Inchi project as the top crop substitution solutions in Colombia.
This complete proposal was submitted on Friday, June 21, 2019
The complete proposal has been posted on the website of
On Thursday we met with the new technical director of PNIS
Programa
Nacional
Integral de
Subtitucion de illicitos
Mercado y Bolsa,
Armada Nacional de Colombia
and
the director of business of presidencia.
During that meeting, we discuss how the program of GMS can be the main program for the PNIS who has over 99,000 families enroll.
What does this mean for GMS and Inca Worldwide ?
To bring our program to a good portion of the 99,000 families will provide GMS and Inca Worldwide the biggest amount of farmers in the world growing Sacha Inchi under contract.
GMS and Inca Worldwide will be able to produce
* Sacha Inchi snacks, * Milk, * Powder * Herbal tea and * Pet food made from Sacha Inchi.
Colombia will have the biggest production of Sacha Inchiin the World and GMS and Inca Worldwide will have that contract.
Inca Worldwide (OTC:QEDN) is meeting with the program of PNIS
Programa
Nacional
Integral de
Substitution de Cultivos
The crop substitution program has been reevaluated and now is being managed by the office of Renovación del Territorio.
Renovación del Territorio in cooperation with Prosperidad Social and the government of Colombia
has invited Inca Worldwide and GMS to discuss the crop substitution program.
In this meeting, we will have
Mercado y Bolsa,
La Bolsa de Valores de Bogota,
la Armada
and
Accelearate Colombia.
This program has over 99.097 families under contract and GMS and Inca Worldwide will work together to bring these contracts to the stock exchange.
This will give the opportunity to convert these contracts into an asset and generate income for the PNIS program.
The government of Colombia will also work with GMS and Inca Worldwide to get other contracts with the USA government, the United Nations, and many embassies like the South Korea embassy to obtain a contract to purchase Sacha Inchi and other products grown by the farmers that are under contract.
GMS and Inca Worldwide has already an INVIMAlicenses to sell Sacha Inchi snacks and powder in Colombia and to export Worldwide.
Drycol has finished theSacha Inchi tea and is working with GMS to process the first batch ofSacha Inchi tea.
Evok the virtual store of el Groupo Nutresa has approved the products of GMS and is working on the first order of Sacha Inchi snacks and Sacha Inchi tea made by Drycol.
The brand Tosh from el Groupo Nutresa is reviewing the products this month and make the first order.
Ingredion SAS is working to provide GMS and INCA Worldwide with a letter of interest to purchase Sacha Inchi powder.
Inca Worldwide (OTC:QEDN) has already a contract to sellSacha Inchi to 60 stores with Daymon.
Inca Worldwide (OTC:QEDN) has signed withAmazon to sell onlineSacha Inchi in the next 60 to 90 days.
The crop substitution program has been reevaluated and now is being managed by the office of Renovación del Territorio.
Renovación del Territorio in cooperation with Prosperidad Social and the government of Colombia
has invited Inca Worldwide and GMS to discuss the crop substitution program.
This program has over 99,097 families under contract and the program has not been able to pay the farmers.
Over 89,796 have only received partial payments and over 41,910 have not received any payments.
There are more Coca Leaves hectares planted now than when the PNIS program started.
Inca Worldwide and GMS have already provided a possible solution to this program and how to promote voluntary crop substitution in Colombia not only using Sacha Inchi but other crops and how to finance this program.
The June 13, 2019 meeting will be to discuss these solutions and to work together with the government and the crop substitution program.
To learn more about the Colombia government program:
has invited GMS and Inca Worldwide to the PLMA. U.S. Private Label Trade Show in Chicago on November 17-19, 2019.
Only 6 companies will participate on the Colombia booth at the PLMA show.
At the 2019 show, more than 1,500 companies from over 55 countries will exhibit their products, including 30 international pavilions.
For more than 35 years, PLMA’s annual U.S. Private Label Trade Show has been the industry event of the year giving access to the growing private label market in the U.S. and Canada, where retailers and wholesalers source for their private label programmers.
From food, snacks and beverages to household and kitchen products, from health and beauty to general merchandise.
Exhibitors range from small and medium-size companies to well-known national brand makers who also supply store brands.
After the successful presentation of our Sacha Inchi at the fair of National de Chocolates last week, the executive committee of the Tosh brand will review our Sacha Inchi products in June.
Nutresa has its own brand of cookies, snacks, infusions, granola, bars, and artisanal products.
Nutresa will carry not only our products for Evok but also for Tosh
Tosh is sold in more than 2,300 stores in South America
the global tea beverage market was estimated to be worth about 49.46 billion U.S. dollars and is forecasted to reach to about 73.13 billion U.S. dollars by 2024
Colombiana de Chocolates has requested final samples of Sacha Inchi to be used in its products.
Colombiana de Chocolates is the biggest buyers of Cacao in Colombia.
Colombiana de Chocolates is part of the Nutresa Group.
Colombina de Chocolates make Sacha Inchi products cover with Chocolates
and sell to Evok and other chains of supermarkets like Exito Group
with more than 2,300 grocery stores in South America.
Samples need to be delivered by May 15, 2019
________________________________________________
About Colombinana de Chocolates
We are part of Grupo Nutresa’s Chocolate Businesses, which has production plants in Costa Rica, Mexico, and Peru, and a wide distribution network that allows us to make our portfolio available in the most strategic regions for our business to grow.
Grupo Nutresa is one the most important players in the food industry in Latin America, operating through eight business units:
* meats,
* cookies,
* chocolates,
* Tresmontes Lucchetti (TMLUC),
* coffees,
* foods for consumers,
* ice creams,
and
* pastas.
It is also the second most reputable company in Colombia according to the 2017 Merco Empresas monitor,
and the second-best employer in the country according to Merco Talento 2017.
finished the test on our Sacha Inchiinfusion (herbal teas) for Nutresa.
We have shipped the first order of herbal tea to Drycol who will packet into bags and add dried fruits to be sold under the Evok brand.
We expect this will be the start of a great business relationship with Drycol and Nutresa.
Drycol SAS
is a Colombian company dedicated to the production of Freeze-dried and Dehydrated foods by hot air and Spray Dry (atomization).
Our plant is located in Mosquera Cundinamarca - Colombia, with the capacity to withdraw 50 tons of water per month, employing on average 60 people who are mostly head of the family.
Inca Worldwide/GMS applied for Accelerate Colombia
After a successful lunch meeting with the team of Accelerate Colombia we have applied for the Accelerate Colombia Program.
Accelerate Colombia is an accelerated program that will refine our business plan to participate in the 16 weeks Boston based Accelerate Colombia located on the MIT campus in Cambridge, MA
We will receive an intense US-based entrepreneurial experience to refine our business plans, gain early market access and have the opportunity to secure growth capital.
Accelerate Colombia will support the development of our businesses and our teams through their network of experienced mentors, corporate partners, technologists, leading universities, angel investors and venture capitalists.
While in the accelerator, we will have an opportunity to come to know the unique aspects of the US markets and how to access them to grow our ventures.
When we return to Colombia we will bring much stronger businesses and, just as importantly, knowledge of the US entrepreneurial culture, community, and processes.
Two times per year, startup companies in Colombia can apply to participate in business plan competitions.
The five winning startups will be invited to come to the 16 week Boston based Accelerate Colombia program for an intensive 16 week acceleration process.
In the Accelerate Colombia offices located on the MIT campus in Cambridge MA, they will receive an intense US-based entrepreneurial experience to refine their business plans, gain early market access and have the opportunity to secure growth capital.
Accelerate Colombia will support the development of these businesses and their teams through our network of experienced mentors, corporate partners, technologists, leading universities, angel investors and venture capitalists.
While in the accelerator, they will have an opportunity to come to know the unique aspects of the US markets and how to access them to grow their ventures.
When they return to Colombia they will bring much stronger businesses and, just as importantly, knowledge of the US entrepreneurial culture, community and processes.
QEDN Events happening this week for Inca Worldwide
Drycol
finished processing the samples for Nutresa and next week we should get final feedback and a possible first order fromNutresa.
Wednesday
Sarah, Michelle and Kate have the lunch meeting with Accelerate Colombia.
Nextrading CEO
is back on Monday from South Korea and should provide us with feedback on the possibility of exportingSacha Inchi Snacks and all the rest of our products to South Koreathe biggest buyer ofSacha Inchi.
This will allow us to export product faster and to have certification like ISO 28001.
An OEA is an Operador Economico Autorizado
that is recognized by Colombian export agencies, Invima, narcotics police and import agencies that are part of the Trade export agreement from Colombia as companies that comply with all the requirements to export Sacha Inchi and any other products.
This will reduce the time to export any of our products.
QEDN - Connecting with Boston Massachusetts Ecosystem
April 15, 2019
Sarah Bahnsen
won a lunch meeting with Accelerate Colombia
On Friday April 12,2019
we participated in the first introduction meeting of Accelerate Colombia an international business platform connecting the Colombian business community with the highly develop startup ecosystem in Boston Massachusetts.
Sarah Bahnsen won the lunch meeting with the Accelerate Colombia team.
Sacha Inchi snacks, Sacha Inchi tea and Sacha Inchi powder.
The samples where received in Japan and they are reviewing the samples at the moment.
Suntory Beverage & Food Ltd.
engages in the manufacture and sale of food products and non-alcoholic beverages.
It operates through the Domestic and International segments.
The Domestic segment produces coffee, mineral water, green and red tea, carbonated beverages, fruit juices, sports and functional drinks, and beverages for specified health use.
The International segment offers products from Europe, Oceania, Asia, and Americas such as the brands
participated in the Business match forum in Bogota.
The event had over 3,000 companies meeting to discuss business in areas of Food, Metalworking, Chemicals, Industry and Fashion.
The highlight of the meetings are:
1 - PRIME FOODS S.A.S. (Exportador) - Colombia
they export 1 container of quinoa a month and want to start with 1 pallet of Sacha Inchi a month initially but expect to have 1 container per month of Sacha Inchi before the end of the year.
is a collective team of industry experts that deliver integrated solutions from brand sales to local and global brands.
As a new brand on the verge of entering the Canadian market, CPG Brand Management offers marketing solutions that include logistics, sales, and marketing resources to build your brand respecting your vision of brands.
They want to help Inca Worldwide/GMS to bring our own brands to the market:
Sacha Inchi, Sacha Powder, Sacha Milk, and Wulff Products a complete line of pet products make with Sacha Inchi.
____________________________________
All the buyers were very impressed with the taste of our Sacha Inchi snacks and Sacha Powder.
Our biggest success was our Sacha Inchi Milk all of buyers want to be the first one to have Sacha Inchi Milk. We expect to have this product in the market mid-June
We are also the only company that has developed Sacha Inchi Milk.
New packet for our Sacha Inchi products made with sugarcane.
GMS started working with Alico a Colombian company to make a biodegrade bag made 100% from sugar cane.
All our samples will be pack on this biodegradable bag.
We present laminated packaging with paper, including products that have structures of different barriers, responding to market trends that promote the use of paper for its natural appearance and its lower environmental impact because it comes from renewable sources.
Sacha Inchi, a thousand-year-old but unknown nut, becomes a replacement alternative for illicit crops.
Still few plant it, although there is great potential.
In the middle of the era of superfoods, a new business opportunity appears for the countryside and, especially, for the areas most affected by illicit crops.
It is the Sacha Inchi, also known as the peanut of the Incas, traditionally cultivated in the Peruvian, Colombian and Ecuadorian Amazon.
Its exceptional properties, since it contains one of the highest levels of omega-3 in a vegetable, have turned it into a fashionable food, as well as into a key input for the cosmetic industry.
Their global demand and the low supply (Peru is the main producer) have made this crop profitable.
So much so that it could substitute illicit crops like coca.
A Sacha Inchi plant begins to produce 7 months after sowing, two months more than coca.
And for the production of one hectare a farmer can receive between $15 million and $18 million, compared to $20 million of coca, which makes it a real substitute.
presides Inca Worldwide, a firm that promotes Sacha Inchi in the country and industrializes it for export.
She explains that other crops with which they have sought to substitute illicit crops take a long time to produce the first harvest (such as cocoa or coffee).
But Sacha Inchi not only produces soon, but, unlike coca, which is now harvested every three months, it is produced every month.
Inca Worldwide buys the crop from some 2,200 farmers in Antioquia, Chocó, Cundinamarca and Guaviare, which is equivalent to about 280 hectares.
Figures from the Ministry of Agriculture indicate that in the country there are some thousand hectares sown, of which 685 are currently producing.
The Putumayo and the Valle del Cauca have more planted area than the rest of the departments.
You can also read:
Peasants who leave illicit crops will have a discount on trademark registration
In Antioquia the crop is growing and there are already 115 hectares sown.
In fact, the Government allocated money from the royalties so that the Eafit, National and Bolivarian Universities could carry out a study about the potential of the crop in the department.
Jaime Garzón,
Secretary of Agriculture of Antioquia, argues that this product can be an important line for the department.
Therefore, they want to promote it in an orderly manner, after analyzing the vocation of the land of the nine regions of Antioquia.
They have realized that it works in municipalities affected by the conflict, such as some of the Magdalena Medio and Bajo Cauca.
That is why they proposed to the High Commissioner for Peace to consider Sacha Inchi not only as a substitute crop, but also to promote peace.
How is it consumed ?
The Sacha Inchi plant generates three main products: almond, oil and cake.
For its properties it is considered a very good substitute for flaxseed oil and fish oil (it has 17 times more omega-3 than salmon).
In protein it replaces soy, egg and dairy products and is in the growing category of nutraceuticals, that is, medicinal products made with natural ingredients.
Regarding the cosmetic use, Sacha Inchi oil serves to care for the skin as an antioxidant and leaves it smooth and soft (without fat).
It works very well as a moisturizer.
It is also used in moderate amounts for washing and hair treatments.
All this becomes an opportunity for the country to focus on its cultivation, with other nations such as China, which already have 700,000 hectares sown, and also in its industrial process.
Inca Worldwide operates a plant in Turbo where it processes the star Sacha Inchi, as it is harvested, to a seed, which is then converted into a snack such as peanuts, flour, milk (such as almond or soy), tea and a concentrated food for pets.
Bahnsen maintains that they have already invested US $1.5 million in the entire process of collection and production of derivatives and that they already have customers at supermarkets in the United States.
They would like to get to Korea or Japan, where these types of products are very popular.
In 2018, they exported 239 tons of Colombian Sacha Inchi, mainly to Peru, Ecuador, Panama, Denmark and the Netherlands.
The American NGO ACDI / VOCA, which promotes sustainable economic growth in vulnerable communities, highlights the work of the Agrosolidaria de Florencia (Caquetá) association in its Colombian chapter.
It stands out that one of the virtues of this crop is that it germinates despite the harsh conditions of the Amazon-intense rain, incessant heat, acid soils.
In addition, as a perennial plant, it produces crops throughout the year, which means that producers have increased their monthly income by almost 50%.
The business model has worked because Agrosolidaria guarantees the purchase of the entire crop from the producers.
And then process it to produce the oil, which already has an Invímaregistration, which facilitates its export.
With the Sacha Inchi Colombia, it can advance firmly towards an effective strategy of crop substitution.
Fashion business
Although the Sacha Inchi is a thousand-year-old plant cultivated by the Incas, in Colombia they barely know it, while US food chains such as Whole Foods have it on their shelves.
This fashionable food has nine amino acids, which for experts means it can replace the meat.
Help with blood pressure by strengthening the heart; reduces the levels of cholesterol in the blood; streamlines brain functions linked to memory, intelligence and rationing;
It serves as an antioxidant and, most importantly, from the point of view of business, is that they attribute slimming properties.
According to an investigation by the US market intelligence agency Mintel Global New Products Database, the number of new products containing components called superfoods has increased more than 200% between 2011 and 2015.
In addition, it expects its sales to exceedUS $300,000 million for 2020 only in the United States.
Results of meeting with Evok part of Nutresa Group
During our meeting with Evok part of the Nutresa Group, we agree to put together a packet of products that can be sold inside the high-end stores of Evok and on its website. https://www.evok.com.co/tiendas/.
This will allow us to test the market in Colombia before starting to sell our products outside of Colombia.
On March 1, 20019 we will meet again to show what products could be sold inside Evok stores and on its website.
First product development meeting with Evok the product development group from Nutresa that focus on ancestral herbs, fruits, and seeds in Colombia
Evok, an 'intra-enterprise' from Nutresa that wants to return to the basics and the natural with a portfolio that includes: chocolates, infusions, fruits and bakery, products made from raw materials ancestral as herbs, seed, and fruits in Colombia.
During this meeting, we will discuss what product Evok wants to make for Nutresa and what the next steps will be to obtain our initial letter of interest and a distribution agreement
President Ivan Duque meets with President Donald Trump at the White House on February 13, 2019
President Donald J. Trump and First Lady Melania Trump
welcome
President Ivan Duque Marquez and First Lady Maria Juliana Ruiz Sandoval of Colombia
to the White House on Wednesday, February 13, 2019.
President Trump and President Duque
will build upon the strong partnership that exists between their nations in pursuit of a more prosperous, secure, and democratic Western Hemisphere.
The leaders expect to discuss their commitment to pro-growth policies, combating terrorism and illicit narcotic networks, strategic partnerships in regional security, and efforts to restore democracy in Venezuela.
First annual meeting with Colsacha in Bogota February 13, 2019
Today we are having the first official meeting in Bogota with Colsacha the official association of Sacha Inchi in Bogota.
Colsacha is the organization of growers, transformers and exporters of Sacha Inchi.
The organization is working to be recognized as the main group to represent the interest of Sacha Inchi in Colombia.
We will also meet with Organizaciones Solidarias to discuss the plan to be presented to the president Ivan Duque.
Kate will meet with a representative of el procurador de la Paz.
Kate will also be at the US embassy to discuss the support of the embassy and to see if we can talk with the FBI at the US embassy on the stock manipulation case.
We will update everybody tomorrow on all these meetings.
President Ivan Duque to meet with President Donald Trump at the White House on February 13, 2019
President Donald J. Trump and First Lady Melania Trump
will welcome
President Ivan Duque Marquez and First Lady Maria Juliana Ruiz Sandoval of Colombia
to the White House on Wednesday, February 13, 2019.
President Trump and President Duque
will build upon the strong partnership that exists between their nations in pursuit of a more prosperous, secure, and democratic Western Hemisphere.
The leaders expect to discuss their commitment to pro-growth policies, combating terrorism and illicit narcotic networks, strategic partnerships in regional security, and efforts to restore democracy in Venezuela.
Sacha Inchi products on Alibaba compare to the quality of products of Inca Worldwide
China and Vietnam started growing Sacha Inchi seed for the last 5 years but they have failed to penetrate the market in the USA and Europe.
Sacha Inchi seeds have a very dry taste if they are not roasted properly.
Alibaba has many sites selling Sacha Inchi seed raw and the roasted Sacha Inchi seeds but there is no feedback on the taste.
All the Sacha Inchi roasted seed on Amazon have very poor reviews on the taste.
Peru has been banned from selling Sacha Inchi seeds to South Korea the biggest buyer of Sacha Inchi seeds in the world because the seeds were contaminated.
On 2015-02-11, the FDA announced that Sunfood is conducting a recall on Organic Sacha Inchi Powder due to possible contamination with Staphylococcus aureus enterotoxin.
The recalled products were sold under the brand name(s) Sunfood during an unspecified time period throughout the regions shown in the map below.
Ingredion Colombia SA met with the CEO of Inca Worldwide (OTC-QEDN) in December 2018 to discuss the possibility of adding Sacha Inchi Powder to the current products.
After the meeting, both companies signed an NDA.
Ingredion Colombia SA sent the Sacha Inchi Powder samples for analysis and now we have started the second phase of product development.
Ingredion Colombia SA produces formulas for children, pregnant women and people over 62.
These formulas are sold to different Colombian government programs.
GMS and Ingredion Colombia SA will continue to work together to develop formulas that can be provided to farmers that grow Sacha Inchi at a low cost.
This way our farmers can benefit from the Sacha Inchi they grow.
We expect to have twoDistribution Contracts before the end of the first quarter of 2019.
One Distribution Contract for Grupo Nutresa and one Distribution Contract for Ingredion Colombia SA
Nutresa moves to product development stage with GMS and Inca Worldwide
Kate Bahnsen the CEO of Inca Worldwide (OTC:QEDN) and GMS met yesterday January 30, 2019 in Nutresa with the director of product development of Noel S.A., the director of Fundacion Nutresa, the head of purchasing department of Grupo Nutresa and the director of sustainable products.
During that meeting, it was agreed to start working with Noel to add Sacha Inchi Powder to their current products.
It was also discussed if el Grupo Nutresa could packet Sacha Inchi for their own products, for GMS and for customers that want to have their own Sacha Inchi brand products.
After this product development is done we discuss that GMS will get a letter of interest and then suppliers agreement contract from Grupo Nutresa.
Grupo Nutresa, formerlyGrupo Nacional de Chocolates S.A. is a food-processing conglomerate headquartered in Medellín, Colombia.
The group's principal activities are producing, distributing, and selling cold cuts, biscuits, chocolates, coffee, ice cream, and pasta
Updates to Bylaws of QED Connect QEDN to protect shareholders.
The board of directors has updated the bylaws to include under section 7 according to New York BSC-Business Corporation Article 11 that no debt holders or any person or legal entity that claim to have any lawsuit or debt against the Corporation will be allow to have any shares with voting rights.
QEDN common shares are the only type of free trading shares in the market.
Common shares don't have any voting rights per the bylaws establish in June 22, 2007 with the State of New York.
Only prefer shares have voting right and they are not free trading shares.
The creating of the Association of Colsacha is official.
We have created the Association of Colsacha.
This association will represent all the companies that grow, transform, sell in Colombia and export outside of Colombia Sacha Inchi and its products.
GMS is part of the board of directors of the 13 companies that make part of this association. The ministry of agriculture is creating the value chain of Sacha Inchi where we have farmers, associations, transformers, and buyers all working together.
A similar model of the Coffee Federation that has been very successful.
GMS is representing the following states (Departments) Antioquia, Choco, Cauca, and Guaviare.
Inca Worldwide and GMS moves forward with Nutresa January 29, 2019
Dear Shareholders, Followers, and Consumers:
Our management team will meet on January 29, 2019, with Fundacion Nutresa and its management team.
Fundacion Nutresa has reviewed the project and wants to incorporate our snacks, protein, and milk to their products. We expect to have a clear plan after this meeting on how we can work with Nutresa.
Grupo Nutresa has accelerated its expansion process by acquiring companies with significant tradition and recognition in the strategic region, whose own history is reflected in the following timeline.
Organizaciones Solidarias will finance 2,000 hectares Yesterday we met with Rafael Gonzales national director of Organizaciones Solidarias, a division of the Colombian.
This institution creates organize projects for the Colombian government their mission is;
"Promote, strengthen and develop social-business that are organizations to generate development in different regions of the country."
met with Rafael Gonzales director of Organizaciones Solidarias to lay out how we will work with the government and to finalized the main document that will be presented to the government.
We also meet with the representative of the Prosecutor for Peace in Bogota who is reviewing the cases and should make a determination before the end of the month.
We have been referring to the District Attorney in
Jacksonville, Florida, Newark, New Jersey, and New York
to start an investigation not only by the FBI but also by the District Attorney against
* Lattucca, * Lisa Purdon, * Brad Hughes and * Cosmin Panai
for Stock manipulation.
The posting regarding any type of sanctions are from a small court in Florida and is again another stock manipulation tactic and will not affect the companies.
The companies are not registered in Florida or do business in Florida.
This is a highly organized fraud case manage by these individuals that are now in the hands of the proper authorities.
_________________________________
Tomorrow, Tuesday, January 22, 2019, we will meet withRafael Gonzales director of Organizaciones Solidarias to lay out how we will work with the government and to finalized the main document that will be presented to the government.
We are also meeting with the president of el Banco Agrario Francisco José Mejía Sendoya to finalize the loans to farmers ofSacha Inchi.
We are please to announce the USDA (United States Department of Agriculture)
has allowed Sacha Inchi products for consumption from Inca Worldwide (OTC-QEDN) to enter the US.
All seeds need to be inspected by the USDA, the customs and boarder protection, Agriculture Quarantine Inspection (CBP-AQI) or Plant Protection and Quarantine (PPQ).
The INVIMA certification is the equivalent to theFDA the United States Food & Drug License to Sell & Ship to Stores in the USA but we also needed the USDA approval to ship to the USA.
Now all our products can leave Colombia and enter the USA with all required permits from Colombia and the USA.
The project will be funded by the government of Colombia.
The initial budget that Funge stores has proposed to the PNUD is $1,430,746,100 Colombian Pesos or $476,915 USD to establish two pilots, one in Guaviare and one in Putumayo, two of the most important states or departamentos in Colombia that required crop substitution.
The project in Guaviare will require GMS and Funge stores to work directly with Farc,
“Armando Ríos” del Frente 1.
The government of Colombia has allocated $19,000,000 Colombian pesos or $6,333 USD per family to do crop substitution.
The project will have required Funge stores and GMS to complete the establishment of the first 200 hectares in Guaviare and 200 hectares in Putumayo in 4 months.
After this stage is completed we can expand to Taraza Antioquia, which has 4,000 farmers that are already signed up, and then to a good portion of the 96,000 hectares of Coca leaves that are concentrated in Putumayo, Guaviare, Nariño and Norte de Santander.
Kate Bahnsen, CEO of Inca Worldwide, states:
“This is a very big milestone for our project. Working directly with the PNUD and having a project funded directly by the government, show the support of the government and the commitment of the government to do substitution of Coca leaves with Sacha Inchi.”
is forcing Colombia to eradicate at least 50,000 hectares of Coca leaves before end of 2017.
Our project wants to have at least 25% of these farmers enroll in our Sacha Inchi project by 2018
all funded by FINAGRO.
This will mean our project will have 12,500 hectares of Sacha Inchi
or a production of 70,000 tons of Sacha Inchi
by 2019.
__________________________________________
FINAGRO
The Fund for Financing the Agricultural Sector, is an entity that promotes the development of the Colombian rural sector, with financing and rural development instruments, which stimulate investment.
It is a mixed economy society of the national order, organized as a credit establishment, with a special regime, linked to the Ministry of Agriculture and Rural Development and supervised by the Financial Superintendence of Colombia.
FINAGRO acts as a second-tier entity, that is, it grants resources under conditions of promotion to financial institutions, so that they in turn grant credits to productive projects.
Likewise, to facilitate access to financing,
FINAGRO administers instruments for the development of its agricultural project.
The Company operates a processing plant and warehouse in Florida, Colombia to de-shell, hydrate, and prepare the Sacha Inchi seeds for export.
The seeds are then transported to the USA to a roasting company for final preparation, seasoning, roasting, and packaging in “retail ready” bags.
The products are marketed through retailers and other outlets under their private label as well as the company’s brand “Inca Snacks” in the USA, Canada, Japan, Europe and China.
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 Afro Colombian 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 US Aid."
The company expects to make announcements shortly with respect to sales channels on our whole sales and retail distribution.
QED Connect announces new projections due to recent developments.
Kate Bahnsen, CEO, states,
"Because of the recent new relationships we have established, and our unique ability to control supply, and ultimately create an unique product we are forced to increase our projections.
As part of the company's promise to shareholders to maintain transparency we are posting them on our website.
Based on our present strategy for year 2018 our sales will be in excess of $175,000,000 USD with $119,000,000 USD in profit.
This is an exciting time for us as we continue to work with our farmers."
As previously stated all of the funding for this project will be funded by El Banco Agrario.
_________________________________
About Inca Worldwide
Inca Worldwide is a public listed company on the OTC under the symbol QEDN.
Our project offers an alternative to Farmers in Colombia to grow crops like Inca Seeds (Sacha Inchi) instead of Coca Plants.
Our Inca Seeds (Roasted Sacha Inchi) a complete protein with all 9-essential amino-acids rich in Omega 3, 6 & 9 and an antioxidant.
A real Super-food.
Sold toprivate brands and our own brandInca Snacks.
“We will continue to look for companies that we can help grow and improve, while bringing us new capabilities, particularly those related to health and nutrition”.
“Our inorganic growth strategy is deployed on two fronts:
One which targets medium and large companies in our strategic region.
And the other where we invest in ventures that we target because of the capabilities we can develop together and the possibilities of accelerating their growth by leveraging on all our platforms.
After the successful presentation of our Sacha Inchi at the fair of National de Chocolates last week, the executive committee of the Tosh brand will review our Sacha Inchi products in June.
Nutresa has its own brand of cookies, snacks, infusions, granola, bars, and artisanal products.
Nutresa will carry not only our products for Evok but also for Tosh
Tosh is sold in more than 2,300 stores in South America
the global tea beverage market was estimated to be worth about 49.46 billion U.S. dollars and is forecasted to reach to about 73.13 billion U.S. dollars by 2024
Colombiana de Chocolates has requested final samples of Sacha Inchi to be used in its products.
Colombiana de Chocolates is the biggest buyers of Cacao in Colombia.
Colombiana de Chocolates is part of the Nutresa Group.
Colombina de Chocolates make Sacha Inchi products cover with Chocolates
and sell to Evok and other chains of supermarkets like Exito Group
with more than 2,300 grocery stores in South America.
Samples need to be delivered by May 15, 2019
________________________________________________
About Colombinana de Chocolates
We are part of Grupo Nutresa’s Chocolate Businesses, which has production plants in Costa Rica, Mexico, and Peru, and a wide distribution network that allows us to make our portfolio available in the most strategic regions for our business to grow.
Grupo Nutresa is one the most important players in the food industry in Latin America, operating through eight business units:
* meats,
* cookies,
* chocolates,
* Tresmontes Lucchetti (TMLUC),
* coffees,
* foods for consumers,
* ice creams,
and
* pastas.
It is also the second most reputable company in Colombia according to the 2017 Merco Empresas monitor,
and the second-best employer in the country according to Merco Talento 2017.
finished the test on our Sacha Inchiinfusion (herbal teas) for Nutresa.
We have shipped the first order of herbal tea to Drycol who will packet into bags and add dried fruits to be sold under the Evok brand.
We expect this will be the start of a great business relationship with Drycol and Nutresa.
Drycol SAS
is a Colombian company dedicated to the production of Freeze-dried and Dehydrated foods by hot air and Spray Dry (atomization).
Our plant is located in Mosquera Cundinamarca - Colombia, with the capacity to withdraw 50 tons of water per month, employing on average 60 people who are mostly head of the family.
QEDN Events happening this week for Inca Worldwide
Drycol
finished processing the samples for Nutresa and next week we should get final feedback and a possible first order fromNutresa.
Wednesday
Sarah, Michelle and Kate have the lunch meeting with Accelerate Colombia.
Nextrading CEO
is back on Monday from South Korea and should provide us with feedback on the possibility of exportingSacha Inchi Snacks and all the rest of our products to South Koreathe biggest buyer ofSacha Inchi.
Results of meeting with Evok part of Nutresa Group
During our meeting with Evok part of the Nutresa Group, we agree to put together a packet of products that can be sold inside the high-end stores of Evok and on its website. https://www.evok.com.co/tiendas/.
This will allow us to test the market in Colombia before starting to sell our products outside of Colombia.
On March 1, 20019 we will meet again to show what products could be sold inside Evok stores and on its website.
First product development meeting with Evok the product development group from Nutresa that focus on ancestral herbs, fruits, and seeds in Colombia
Evok, an 'intra-enterprise' from Nutresa that wants to return to the basics and the natural with a portfolio that includes: chocolates, infusions, fruits and bakery, products made from raw materials ancestral as herbs, seed, and fruits in Colombia.
During this meeting, we will discuss what product Evok wants to make for Nutresa and what the next steps will be to obtain our initial letter of interest and a distribution agreement
Nutresa moves to product development stage with GMS and Inca Worldwide
Kate Bahnsen the CEO of Inca Worldwide (OTC:QEDN) and GMS met yesterday January 30, 2019 in Nutresa with the director of product development of Noel S.A., the director of Fundacion Nutresa, the head of purchasing department of Grupo Nutresa and the director of sustainable products.
During that meeting, it was agreed to start working with Noel to add Sacha Inchi Powder to their current products.
It was also discussed if el Grupo Nutresa could packet Sacha Inchi for their own products, for GMS and for customers that want to have their own Sacha Inchi brand products.
After this product development is done we discuss that GMS will get a letter of interest and then suppliers agreement contract from Grupo Nutresa.
Grupo Nutresa, formerlyGrupo Nacional de Chocolates S.A. is a food-processing conglomerate headquartered in Medellín, Colombia.
The group's principal activities are producing, distributing, and selling cold cuts, biscuits, chocolates, coffee, ice cream, and pasta
Advantage is a leading business solutions provider committed to driving growth through winning insights and execution.
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GMS is on the second phase of Encampo with Fundacion Bancolombia
_________________________________________
Fundacion Bancolombia
opened a program to help small to midsize agriculture and manufacturing companies that have social impact in Colombia to have access of funds, network, shows and other programs from Bancolombia.
GMSpassed the first phase and is on the second phase of this program.
GMS has submitted the required paperwork to be one of the 3-to-5 companies that will be announce in 2020.
Bancolombia
is a full-service financial institution that provides a range of financial products and services to a diversified individual and corporate customer base throughout Colombia, as well as in other jurisdictions, such as
Panama, El Salvador, Puerto Rico, the Cayman Islands, Peru and Guatemala.
The Bank operates in nine segments:
* Banking Colombia * Banking El Salvador * Leasing * Trust * Investment * Brokerage * Off Shore * Pension and Insurance
debuts at the LAC Flavors show today and tomorrow in Cali.
Follow us today at the LAC Flavors show on
* Twitter * Facebook * Insta-gram
LAC Flavors
is one of the key Food and Beverages business forums in the region, connecting hundreds of Latin American and Caribbean (LAC) exporters with buyers/importers from around the world.
This initiative aims to expand and strengthen commercial exchange in the region, contributing to the generation of new business opportunities between SMEs in the food sector and international buyers, through business meetings ("matchmaking").
Over the past 10 years, LAC Flavors generated more than $990 million USD in future transactions following more than 17,000 business meetings held during these events.
This edition of LAC Flavors is organized by the
Inter-American Development Bank,
through
ConnectAmericas,
in collaboration with
ProColombia, the Colombian government's export promotion agency,
On September 4 and 5, Cali will have one of the most important commercial meetings in the continent for the agri-business sector.
This is LAC Flavors, an event that aims to expand and strengthen the commercial exchange between SMEs in Latin America and the Caribbean, and that this year had the registration of 250 buyers from 40 countries, from the United States to Australia, thanks to the management of ProColombia.
There will be 2,500 business meetings at the Valle del Pacífico Events Center in Cali
More than 400 exporting entrepreneurs from 20 countries in Latin America and the Caribbean confirmed their participation.
“This is the first time that LAC Flavors will be held in Cali and it gives us the opportunity to show the world the Colombian agro-export potential.
It should be noted that more than 50% of the buyers invited to this business round table come from destinations with which Colombia has current commercial agreements, so we encourage entrepreneurs to take advantage of these tariff advantages, ”said Flavia Santoro,
met with Kate on Saturday, August 31, 2019, during the event in Medellin "Contruyendo Pais".
Kate explained to President Ivan Duque the problems we had trying to get loans for the farmers and what we need to do to fix those problems and the PNIS
( Programa Nacional Integral de Subtitucion de cultivos ).
President Ivan Duque assigned two advisors Karen Abudinen and Alejandra Vera to work with Kate to solve all the problems so that the Sacha Inchi project under the GMS model will have the full support of the Colombian government.
visited GMS farmers to verify the progress and to get ready to release the first funds to expand the GMS program
____________________________________
El Fondo Colombia en Paz
visited the area of Caucasia where GMS has a contract with the local community and reviewed all the documentation provided by GMS and INCA on Saturday, August 10, 2019.
They reviewed all the documentation and the contracts with the local community.
There are currently over 50 hectares of Sacha Inchi in Caucasia all under contract with GMS and INCA.
The next step will be to release funding to plant more Sacha Inchi.
All documentation is posted on the website.
More on the advance of Sacha Inchi on the APC Colombia
Inca Worldwide (OTC:QEDN) announces that it will introduce Sacha Inchi in the US and Canadian Market.
GMS has enough product to start the Daymon Contract and to start selling on Amazon.
Amazon has already given GMS / INCA USD $100,000 on AWS credits.
Colombia has over 2,200 hectares of Sacha Inchi planted and GMS has contracted with enough farmers to bring products to the market.
Sacha Inchi is a seed rich in Omega 3,6,9 and a complete protein with all 9 amino acids.
Sacha Inchi is a real superfood that can penetrate
* the ethnic market, * the non-GMO market, * Vegan food, * the gluten-free market, * the pet food market, * the non-lactose milk market, * and Omega markets
These markets are estimated to be over $107 billion dollars by 2020.
Today the CEO will be discussing with Daymon the best strategy to start the Daymon contract.
The Ministry of Exports in Colombia is working with GMS to open an account with Amazon and to start delivering products to Amazon warehouse.
Kate Bahnsen CEO said:
" We are happy to be in a position to bring Sacha Inchi to the USA market and to start working with Daymon and Amazon to bring our Sacha Inchi Snacks to our shareholders and future consumers.
Kate was able to contact el Grupo Éxito and started negotiating with the private label department.
We expect to be able to work with el Grupo Exito to make Sacha Inchi with their brand and to sell our Sacha Inchi product in the 2,606 stores of Almacenes Exito in 4 different countries:
* Colombia * Brazil * Uruguay and * Argentina.
Revenue for just the third quarter 2018 was USD $37,309,338.31
AboutGrupo Éxito
Grupo Exito
is one of the largest retail companies in Latin America and it’s the largest retail company in Colombia.
In addition, the company is the largest grocery store chain in Colombia.
A large Exito store in Colombia is very similar to a Super Walmart store in the United States.
Both sell groceries and both sell many other non-food items like electronics, appliances, clothing and bed and bath items.
Grupo Éxito
also is known as Almacenes Éxito S.A.
is the largest South American retail company.
It operates 2,606 stores in South America.
The stores sell a wide range of food and nonfood products.
Though originally a textiles maker and seller under such brand names as
* Arkitect * People * Bronzini * Pop Rose
recent acquisitions mostly within the last 10–20 years
have further diversified the business making it a major grocer under brand names like Surtimax and Carulla
sales of food products make up about 70-75% of revenue.
At its hypermarkets the largest of which is the Éxito chain
it sells both packaged foods and perishables in addition to department store type products ranging from electronics to furniture.
______________________________________________
Grupo Exito is listed in the Bogota Stock Exchange
is the Chief Economic Advisor to President Duque and is the architect of the Orange Economy strategy for economic development in Colombia.
GMS and Inca Worldwide will present Sacha Inchi is the new Orange Economy of Colombia.
The so-called “orange bonds” are part of the Orange Economy, which refers to a country’s creative industries, one of President Iván Duque’s key proposals during his campaign and the first 100 days of his administration.
President Duque didn’t come up with the idea of the creative economy — that would be British theorist John Howkins — but he, along with fellow Colombian co-author Felipe Buitrago Restrepo,
wrote the original manual that lays out the Orange Economy during his decade at the Inter-American Development Bank (IDB).
Duque has since brought on Buitrago as an adviser to his administration.
_____________________________________________
What Is Colombia's Orange Economy ?
December 04, 2018
Welcome to the
Orange Economy —
Iván Duque's vision to capitalize on Colombia and Latin America's creative wealth.
GMS and Inca Worldwide finished the first workshop of Accelerate Colombia Summer 2019 Cohort.
Only 9 companies, out of over 90 companies that applied for the Accelerate Colombia Summer 2019 Cohort were invited including INCA / GMS
The first workshop was very successful and now we will work every week with our mentors to finish the program and become the first company to finish the Accelerate Colombia Summer 2019 Cohort.
Inca Worldwide/GMS applied for Accelerate Colombia
After a successful lunch meeting with the team of Accelerate Colombia we have applied for the Accelerate Colombia Program.
Accelerate Colombia is an accelerated program that will refine our business plan to participate in the 16 weeks Boston based Accelerate Colombia located on the MIT campus in Cambridge, MA
We will receive an intense US-based entrepreneurial experience to refine our business plans, gain early market access and have the opportunity to secure growth capital.
Accelerate Colombia will support the development of our businesses and our teams through their network of experienced mentors, corporate partners, technologists, leading universities, angel investors and venture capitalists.
While in the accelerator, we will have an opportunity to come to know the unique aspects of the US markets and how to access them to grow our ventures.
When we return to Colombia we will bring much stronger businesses and, just as importantly, knowledge of the US entrepreneurial culture, community, and processes.
In the meeting we had the full support of theArmada with Coronel de I.M.
Nulver Jose Galvis Leguizamon,
Coronel Ronal Ramos y Cadete Cesar Zapata.
The result of the meeting was:
1. The PNIS will provide GMS how many farmers will start growing Sacha Inchi
2. Our project is the most complete project that has been presented
3. as soon the PNIS provide us with the amount of farmers that want to grow Sacha Inchi we will get a complete road map on how to implement GMSSacha inchi project in Colombia
is putting a list together of all the farmers that want to do crop substitution with Sacha Inchi out of the 99,000 families enroll in the PNIS program.
_____________________________________________
The advisor of
Consejería para la Estabilización y Consolidación
wants to discuss in more detail the steps outlined on the proposal.
This program has over 99,000 families under contract with the PNIS to do voluntary crop substitution.
The program is part of the Fondo de la Paz who received funds from the United Nations and other nations to help Colombia to eradicate illegal crops in Colombia.
In the meeting, we had Mercado y Bolsa and Armada National de Colombia supporting ourSacha Inchi project.
The PNIS
askedGMS and Inca Worldwide to submit a complete proposal to put ourSacha Inchi project as the top crop substitution solutions in Colombia.
This complete proposal was submitted on Friday, June 21, 2019
The complete proposal has been posted on the website of
On Thursday we met with the new technical director of PNIS
Programa
Nacional
Integral de
Subtitucion de illicitos
Mercado y Bolsa,
Armada Nacional de Colombia
and
the director of business of presidencia.
During that meeting, we discuss how the program of GMS can be the main program for the PNIS who has over 99,000 families enroll.
What does this mean for GMS and Inca Worldwide ?
To bring our program to a good portion of the 99,000 families will provide GMS and Inca Worldwide the biggest amount of farmers in the world growing Sacha Inchi under contract.
GMS and Inca Worldwide will be able to produce
* Sacha Inchi snacks, * Milk, * Powder * Herbal tea and * Pet food made from Sacha Inchi.
Colombia will have the biggest production of Sacha Inchiin the World and GMS and Inca Worldwide will have that contract.
Inca Worldwide (OTC:QEDN) is meeting with the program of PNIS
Programa
Nacional
Integral de
Substitution de Cultivos
The crop substitution program has been reevaluated and now is being managed by the office of Renovación del Territorio.
Renovación del Territorio in cooperation with Prosperidad Social and the government of Colombia
has invited Inca Worldwide and GMS to discuss the crop substitution program.
In this meeting, we will have
Mercado y Bolsa,
La Bolsa de Valores de Bogota,
la Armada
and
Accelearate Colombia.
This program has over 99.097 families under contract and GMS and Inca Worldwide will work together to bring these contracts to the stock exchange.
This will give the opportunity to convert these contracts into an asset and generate income for the PNIS program.
The government of Colombia will also work with GMS and Inca Worldwide to get other contracts with the USA government, the United Nations, and many embassies like the South Korea embassy to obtain a contract to purchase Sacha Inchi and other products grown by the farmers that are under contract.
GMS and Inca Worldwide has already an INVIMAlicenses to sell Sacha Inchi snacks and powder in Colombia and to export Worldwide.
Drycol has finished theSacha Inchi tea and is working with GMS to process the first batch ofSacha Inchi tea.
Evok the virtual store of el Groupo Nutresa has approved the products of GMS and is working on the first order of Sacha Inchi snacks and Sacha Inchi tea made by Drycol.
The brand Tosh from el Groupo Nutresa is reviewing the products this month and make the first order.
Ingredion SAS is working to provide GMS and INCA Worldwide with a letter of interest to purchase Sacha Inchi powder.
Inca Worldwide (OTC:QEDN) has already a contract to sellSacha Inchi to 60 stores with Daymon.
Inca Worldwide (OTC:QEDN) has signed withAmazon to sell onlineSacha Inchi in the next 60 to 90 days.
The crop substitution program has been reevaluated and now is being managed by the office of Renovación del Territorio.
Renovación del Territorio in cooperation with Prosperidad Social and the government of Colombia
has invited Inca Worldwide and GMS to discuss the crop substitution program.
This program has over 99,097 families under contract and the program has not been able to pay the farmers.
Over 89,796 have only received partial payments and over 41,910 have not received any payments.
There are more Coca Leaves hectares planted now than when the PNIS program started.
Inca Worldwide and GMS have already provided a possible solution to this program and how to promote voluntary crop substitution in Colombia not only using Sacha Inchi but other crops and how to finance this program.
The June 13, 2019 meeting will be to discuss these solutions and to work together with the government and the crop substitution program.
To learn more about the Colombia government program:
has invited GMS and Inca Worldwide to the PLMA. U.S. Private Label Trade Show in Chicago on November 17-19, 2019.
Only 6 companies will participate on the Colombia booth at the PLMA show.
At the 2019 show, more than 1,500 companies from over 55 countries will exhibit their products, including 30 international pavilions.
For more than 35 years, PLMA’s annual U.S. Private Label Trade Show has been the industry event of the year giving access to the growing private label market in the U.S. and Canada, where retailers and wholesalers source for their private label programmers.
From food, snacks and beverages to household and kitchen products, from health and beauty to general merchandise.
Exhibitors range from small and medium-size companies to well-known national brand makers who also supply store brands.
After the successful presentation of our Sacha Inchi at the fair of National de Chocolates last week, the executive committee of the Tosh brand will review our Sacha Inchi products in June.
Nutresa has its own brand of cookies, snacks, infusions, granola, bars, and artisanal products.
Nutresa will carry not only our products for Evok but also for Tosh
Tosh is sold in more than 2,300 stores in South America
the global tea beverage market was estimated to be worth about 49.46 billion U.S. dollars and is forecasted to reach to about 73.13 billion U.S. dollars by 2024
Colombiana de Chocolates has requested final samples of Sacha Inchi to be used in its products.
Colombiana de Chocolates is the biggest buyers of Cacao in Colombia.
Colombiana de Chocolates is part of the Nutresa Group.
Colombina de Chocolates make Sacha Inchi products cover with Chocolates
and sell to Evok and other chains of supermarkets like Exito Group
with more than 2,300 grocery stores in South America.
Samples need to be delivered by May 15, 2019
________________________________________________
About Colombinana de Chocolates
We are part of Grupo Nutresa’s Chocolate Businesses, which has production plants in Costa Rica, Mexico, and Peru, and a wide distribution network that allows us to make our portfolio available in the most strategic regions for our business to grow.
Grupo Nutresa is one the most important players in the food industry in Latin America, operating through eight business units:
* meats,
* cookies,
* chocolates,
* Tresmontes Lucchetti (TMLUC),
* coffees,
* foods for consumers,
* ice creams,
and
* pastas.
It is also the second most reputable company in Colombia according to the 2017 Merco Empresas monitor,
and the second-best employer in the country according to Merco Talento 2017.
finished the test on our Sacha Inchiinfusion (herbal teas) for Nutresa.
We have shipped the first order of herbal tea to Drycol who will packet into bags and add dried fruits to be sold under the Evok brand.
We expect this will be the start of a great business relationship with Drycol and Nutresa.
Drycol SAS
is a Colombian company dedicated to the production of Freeze-dried and Dehydrated foods by hot air and Spray Dry (atomization).
Our plant is located in Mosquera Cundinamarca - Colombia, with the capacity to withdraw 50 tons of water per month, employing on average 60 people who are mostly head of the family.
Inca Worldwide/GMS applied for Accelerate Colombia
After a successful lunch meeting with the team of Accelerate Colombia we have applied for the Accelerate Colombia Program.
Accelerate Colombia is an accelerated program that will refine our business plan to participate in the 16 weeks Boston based Accelerate Colombia located on the MIT campus in Cambridge, MA
We will receive an intense US-based entrepreneurial experience to refine our business plans, gain early market access and have the opportunity to secure growth capital.
Accelerate Colombia will support the development of our businesses and our teams through their network of experienced mentors, corporate partners, technologists, leading universities, angel investors and venture capitalists.
While in the accelerator, we will have an opportunity to come to know the unique aspects of the US markets and how to access them to grow our ventures.
When we return to Colombia we will bring much stronger businesses and, just as importantly, knowledge of the US entrepreneurial culture, community, and processes.
Two times per year, startup companies in Colombia can apply to participate in business plan competitions.
The five winning startups will be invited to come to the 16 week Boston based Accelerate Colombia program for an intensive 16 week acceleration process.
In the Accelerate Colombia offices located on the MIT campus in Cambridge MA, they will receive an intense US-based entrepreneurial experience to refine their business plans, gain early market access and have the opportunity to secure growth capital.
Accelerate Colombia will support the development of these businesses and their teams through our network of experienced mentors, corporate partners, technologists, leading universities, angel investors and venture capitalists.
While in the accelerator, they will have an opportunity to come to know the unique aspects of the US markets and how to access them to grow their ventures.
When they return to Colombia they will bring much stronger businesses and, just as importantly, knowledge of the US entrepreneurial culture, community and processes.
QEDN Events happening this week for Inca Worldwide
Drycol
finished processing the samples for Nutresa and next week we should get final feedback and a possible first order fromNutresa.
Wednesday
Sarah, Michelle and Kate have the lunch meeting with Accelerate Colombia.
Nextrading CEO
is back on Monday from South Korea and should provide us with feedback on the possibility of exportingSacha Inchi Snacks and all the rest of our products to South Koreathe biggest buyer ofSacha Inchi.
This will allow us to export product faster and to have certification like ISO 28001.
An OEA is an Operador Economico Autorizado
that is recognized by Colombian export agencies, Invima, narcotics police and import agencies that are part of the Trade export agreement from Colombia as companies that comply with all the requirements to export Sacha Inchi and any other products.
This will reduce the time to export any of our products.
QEDN - Connecting with Boston Massachusetts Ecosystem
April 15, 2019
Sarah Bahnsen
won a lunch meeting with Accelerate Colombia
On Friday April 12,2019
we participated in the first introduction meeting of Accelerate Colombia an international business platform connecting the Colombian business community with the highly develop startup ecosystem in Boston Massachusetts.
Sarah Bahnsen won the lunch meeting with the Accelerate Colombia team.
Sacha Inchi snacks, Sacha Inchi tea and Sacha Inchi powder.
The samples where received in Japan and they are reviewing the samples at the moment.
Suntory Beverage & Food Ltd.
engages in the manufacture and sale of food products and non-alcoholic beverages.
It operates through the Domestic and International segments.
The Domestic segment produces coffee, mineral water, green and red tea, carbonated beverages, fruit juices, sports and functional drinks, and beverages for specified health use.
The International segment offers products from Europe, Oceania, Asia, and Americas such as the brands
participated in the Business match forum in Bogota.
The event had over 3,000 companies meeting to discuss business in areas of Food, Metalworking, Chemicals, Industry and Fashion.
The highlight of the meetings are:
1 - PRIME FOODS S.A.S. (Exportador) - Colombia
they export 1 container of quinoa a month and want to start with 1 pallet of Sacha Inchi a month initially but expect to have 1 container per month of Sacha Inchi before the end of the year.
is a collective team of industry experts that deliver integrated solutions from brand sales to local and global brands.
As a new brand on the verge of entering the Canadian market, CPG Brand Management offers marketing solutions that include logistics, sales, and marketing resources to build your brand respecting your vision of brands.
They want to help Inca Worldwide/GMS to bring our own brands to the market:
Sacha Inchi, Sacha Powder, Sacha Milk, and Wulff Products a complete line of pet products make with Sacha Inchi.
____________________________________
All the buyers were very impressed with the taste of our Sacha Inchi snacks and Sacha Powder.
Our biggest success was our Sacha Inchi Milk all of buyers want to be the first one to have Sacha Inchi Milk. We expect to have this product in the market mid-June
We are also the only company that has developed Sacha Inchi Milk.
New packet for our Sacha Inchi products made with sugarcane.
GMS started working with Alico a Colombian company to make a biodegrade bag made 100% from sugar cane.
All our samples will be pack on this biodegradable bag.
We present laminated packaging with paper, including products that have structures of different barriers, responding to market trends that promote the use of paper for its natural appearance and its lower environmental impact because it comes from renewable sources.
Sacha Inchi, a thousand-year-old but unknown nut, becomes a replacement alternative for illicit crops.
Still few plant it, although there is great potential.
In the middle of the era of superfoods, a new business opportunity appears for the countryside and, especially, for the areas most affected by illicit crops.
It is the Sacha Inchi, also known as the peanut of the Incas, traditionally cultivated in the Peruvian, Colombian and Ecuadorian Amazon.
Its exceptional properties, since it contains one of the highest levels of omega-3 in a vegetable, have turned it into a fashionable food, as well as into a key input for the cosmetic industry.
Their global demand and the low supply (Peru is the main producer) have made this crop profitable.
So much so that it could substitute illicit crops like coca.
A Sacha Inchi plant begins to produce 7 months after sowing, two months more than coca.
And for the production of one hectare a farmer can receive between $15 million and $18 million, compared to $20 million of coca, which makes it a real substitute.
presides Inca Worldwide, a firm that promotes Sacha Inchi in the country and industrializes it for export.
She explains that other crops with which they have sought to substitute illicit crops take a long time to produce the first harvest (such as cocoa or coffee).
But Sacha Inchi not only produces soon, but, unlike coca, which is now harvested every three months, it is produced every month.
Inca Worldwide buys the crop from some 2,200 farmers in Antioquia, Chocó, Cundinamarca and Guaviare, which is equivalent to about 280 hectares.
Figures from the Ministry of Agriculture indicate that in the country there are some thousand hectares sown, of which 685 are currently producing.
The Putumayo and the Valle del Cauca have more planted area than the rest of the departments.
You can also read:
Peasants who leave illicit crops will have a discount on trademark registration
In Antioquia the crop is growing and there are already 115 hectares sown.
In fact, the Government allocated money from the royalties so that the Eafit, National and Bolivarian Universities could carry out a study about the potential of the crop in the department.
Jaime Garzón,
Secretary of Agriculture of Antioquia, argues that this product can be an important line for the department.
Therefore, they want to promote it in an orderly manner, after analyzing the vocation of the land of the nine regions of Antioquia.
They have realized that it works in municipalities affected by the conflict, such as some of the Magdalena Medio and Bajo Cauca.
That is why they proposed to the High Commissioner for Peace to consider Sacha Inchi not only as a substitute crop, but also to promote peace.
How is it consumed ?
The Sacha Inchi plant generates three main products: almond, oil and cake.
For its properties it is considered a very good substitute for flaxseed oil and fish oil (it has 17 times more omega-3 than salmon).
In protein it replaces soy, egg and dairy products and is in the growing category of nutraceuticals, that is, medicinal products made with natural ingredients.
Regarding the cosmetic use, Sacha Inchi oil serves to care for the skin as an antioxidant and leaves it smooth and soft (without fat).
It works very well as a moisturizer.
It is also used in moderate amounts for washing and hair treatments.
All this becomes an opportunity for the country to focus on its cultivation, with other nations such as China, which already have 700,000 hectares sown, and also in its industrial process.
Inca Worldwide operates a plant in Turbo where it processes the star Sacha Inchi, as it is harvested, to a seed, which is then converted into a snack such as peanuts, flour, milk (such as almond or soy), tea and a concentrated food for pets.
Bahnsen maintains that they have already invested US $1.5 million in the entire process of collection and production of derivatives and that they already have customers at supermarkets in the United States.
They would like to get to Korea or Japan, where these types of products are very popular.
In 2018, they exported 239 tons of Colombian Sacha Inchi, mainly to Peru, Ecuador, Panama, Denmark and the Netherlands.
The American NGO ACDI / VOCA, which promotes sustainable economic growth in vulnerable communities, highlights the work of the Agrosolidaria de Florencia (Caquetá) association in its Colombian chapter.
It stands out that one of the virtues of this crop is that it germinates despite the harsh conditions of the Amazon-intense rain, incessant heat, acid soils.
In addition, as a perennial plant, it produces crops throughout the year, which means that producers have increased their monthly income by almost 50%.
The business model has worked because Agrosolidaria guarantees the purchase of the entire crop from the producers.
And then process it to produce the oil, which already has an Invímaregistration, which facilitates its export.
With the Sacha Inchi Colombia, it can advance firmly towards an effective strategy of crop substitution.
Fashion business
Although the Sacha Inchi is a thousand-year-old plant cultivated by the Incas, in Colombia they barely know it, while US food chains such as Whole Foods have it on their shelves.
This fashionable food has nine amino acids, which for experts means it can replace the meat.
Help with blood pressure by strengthening the heart; reduces the levels of cholesterol in the blood; streamlines brain functions linked to memory, intelligence and rationing;
It serves as an antioxidant and, most importantly, from the point of view of business, is that they attribute slimming properties.
According to an investigation by the US market intelligence agency Mintel Global New Products Database, the number of new products containing components called superfoods has increased more than 200% between 2011 and 2015.
In addition, it expects its sales to exceedUS $300,000 million for 2020 only in the United States.
Results of meeting with Evok part of Nutresa Group
During our meeting with Evok part of the Nutresa Group, we agree to put together a packet of products that can be sold inside the high-end stores of Evok and on its website. https://www.evok.com.co/tiendas/.
This will allow us to test the market in Colombia before starting to sell our products outside of Colombia.
On March 1, 20019 we will meet again to show what products could be sold inside Evok stores and on its website.
First product development meeting with Evok the product development group from Nutresa that focus on ancestral herbs, fruits, and seeds in Colombia
Evok, an 'intra-enterprise' from Nutresa that wants to return to the basics and the natural with a portfolio that includes: chocolates, infusions, fruits and bakery, products made from raw materials ancestral as herbs, seed, and fruits in Colombia.
During this meeting, we will discuss what product Evok wants to make for Nutresa and what the next steps will be to obtain our initial letter of interest and a distribution agreement
President Ivan Duque meets with President Donald Trump at the White House on February 13, 2019
President Donald J. Trump and First Lady Melania Trump
welcome
President Ivan Duque Marquez and First Lady Maria Juliana Ruiz Sandoval of Colombia
to the White House on Wednesday, February 13, 2019.
President Trump and President Duque
will build upon the strong partnership that exists between their nations in pursuit of a more prosperous, secure, and democratic Western Hemisphere.
The leaders expect to discuss their commitment to pro-growth policies, combating terrorism and illicit narcotic networks, strategic partnerships in regional security, and efforts to restore democracy in Venezuela.
First annual meeting with Colsacha in Bogota February 13, 2019
Today we are having the first official meeting in Bogota with Colsacha the official association of Sacha Inchi in Bogota.
Colsacha is the organization of growers, transformers and exporters of Sacha Inchi.
The organization is working to be recognized as the main group to represent the interest of Sacha Inchi in Colombia.
We will also meet with Organizaciones Solidarias to discuss the plan to be presented to the president Ivan Duque.
Kate will meet with a representative of el procurador de la Paz.
Kate will also be at the US embassy to discuss the support of the embassy and to see if we can talk with the FBI at the US embassy on the stock manipulation case.
We will update everybody tomorrow on all these meetings.
President Ivan Duque to meet with President Donald Trump at the White House on February 13, 2019
President Donald J. Trump and First Lady Melania Trump
will welcome
President Ivan Duque Marquez and First Lady Maria Juliana Ruiz Sandoval of Colombia
to the White House on Wednesday, February 13, 2019.
President Trump and President Duque
will build upon the strong partnership that exists between their nations in pursuit of a more prosperous, secure, and democratic Western Hemisphere.
The leaders expect to discuss their commitment to pro-growth policies, combating terrorism and illicit narcotic networks, strategic partnerships in regional security, and efforts to restore democracy in Venezuela.
Sacha Inchi products on Alibaba compare to the quality of products of Inca Worldwide
China and Vietnam started growing Sacha Inchi seed for the last 5 years but they have failed to penetrate the market in the USA and Europe.
Sacha Inchi seeds have a very dry taste if they are not roasted properly.
Alibaba has many sites selling Sacha Inchi seed raw and the roasted Sacha Inchi seeds but there is no feedback on the taste.
All the Sacha Inchi roasted seed on Amazon have very poor reviews on the taste.
Peru has been banned from selling Sacha Inchi seeds to South Korea the biggest buyer of Sacha Inchi seeds in the world because the seeds were contaminated.
On 2015-02-11, the FDA announced that Sunfood is conducting a recall on Organic Sacha Inchi Powder due to possible contamination with Staphylococcus aureus enterotoxin.
The recalled products were sold under the brand name(s) Sunfood during an unspecified time period throughout the regions shown in the map below.
Ingredion Colombia SA met with the CEO of Inca Worldwide (OTC-QEDN) in December 2018 to discuss the possibility of adding Sacha Inchi Powder to the current products.
After the meeting, both companies signed an NDA.
Ingredion Colombia SA sent the Sacha Inchi Powder samples for analysis and now we have started the second phase of product development.
Ingredion Colombia SA produces formulas for children, pregnant women and people over 62.
These formulas are sold to different Colombian government programs.
GMS and Ingredion Colombia SA will continue to work together to develop formulas that can be provided to farmers that grow Sacha Inchi at a low cost.
This way our farmers can benefit from the Sacha Inchi they grow.
We expect to have twoDistribution Contracts before the end of the first quarter of 2019.
One Distribution Contract for Grupo Nutresa and one Distribution Contract for Ingredion Colombia SA
Nutresa moves to product development stage with GMS and Inca Worldwide
Kate Bahnsen the CEO of Inca Worldwide (OTC:QEDN) and GMS met yesterday January 30, 2019 in Nutresa with the director of product development of Noel S.A., the director of Fundacion Nutresa, the head of purchasing department of Grupo Nutresa and the director of sustainable products.
During that meeting, it was agreed to start working with Noel to add Sacha Inchi Powder to their current products.
It was also discussed if el Grupo Nutresa could packet Sacha Inchi for their own products, for GMS and for customers that want to have their own Sacha Inchi brand products.
After this product development is done we discuss that GMS will get a letter of interest and then suppliers agreement contract from Grupo Nutresa.
Grupo Nutresa, formerlyGrupo Nacional de Chocolates S.A. is a food-processing conglomerate headquartered in Medellín, Colombia.
The group's principal activities are producing, distributing, and selling cold cuts, biscuits, chocolates, coffee, ice cream, and pasta
Updates to Bylaws of QED Connect QEDN to protect shareholders.
The board of directors has updated the bylaws to include under section 7 according to New York BSC-Business Corporation Article 11 that no debt holders or any person or legal entity that claim to have any lawsuit or debt against the Corporation will be allow to have any shares with voting rights.
QEDN common shares are the only type of free trading shares in the market.
Common shares don't have any voting rights per the bylaws establish in June 22, 2007 with the State of New York.
Only prefer shares have voting right and they are not free trading shares.
The creating of the Association of Colsacha is official.
We have created the Association of Colsacha.
This association will represent all the companies that grow, transform, sell in Colombia and export outside of Colombia Sacha Inchi and its products.
GMS is part of the board of directors of the 13 companies that make part of this association. The ministry of agriculture is creating the value chain of Sacha Inchi where we have farmers, associations, transformers, and buyers all working together.
A similar model of the Coffee Federation that has been very successful.
GMS is representing the following states (Departments) Antioquia, Choco, Cauca, and Guaviare.
Inca Worldwide and GMS moves forward with Nutresa January 29, 2019
Dear Shareholders, Followers, and Consumers:
Our management team will meet on January 29, 2019, with Fundacion Nutresa and its management team.
Fundacion Nutresa has reviewed the project and wants to incorporate our snacks, protein, and milk to their products. We expect to have a clear plan after this meeting on how we can work with Nutresa.
Grupo Nutresa has accelerated its expansion process by acquiring companies with significant tradition and recognition in the strategic region, whose own history is reflected in the following timeline.
Organizaciones Solidarias will finance 2,000 hectares Yesterday we met with Rafael Gonzales national director of Organizaciones Solidarias, a division of the Colombian.
This institution creates organize projects for the Colombian government their mission is;
"Promote, strengthen and develop social-business that are organizations to generate development in different regions of the country."
met with Rafael Gonzales director of Organizaciones Solidarias to lay out how we will work with the government and to finalized the main document that will be presented to the government.
We also meet with the representative of the Prosecutor for Peace in Bogota who is reviewing the cases and should make a determination before the end of the month.
We have been referring to the District Attorney in
Jacksonville, Florida, Newark, New Jersey, and New York
to start an investigation not only by the FBI but also by the District Attorney against
* Lattucca, * Lisa Purdon, * Brad Hughes and * Cosmin Panai
for Stock manipulation.
The posting regarding any type of sanctions are from a small court in Florida and is again another stock manipulation tactic and will not affect the companies.
The companies are not registered in Florida or do business in Florida.
This is a highly organized fraud case manage by these individuals that are now in the hands of the proper authorities.
_________________________________
Tomorrow, Tuesday, January 22, 2019, we will meet withRafael Gonzales director of Organizaciones Solidarias to lay out how we will work with the government and to finalized the main document that will be presented to the government.
We are also meeting with the president of el Banco Agrario Francisco José Mejía Sendoya to finalize the loans to farmers ofSacha Inchi.
We are please to announce the USDA (United States Department of Agriculture)
has allowed Sacha Inchi products for consumption from Inca Worldwide (OTC-QEDN) to enter the US.
All seeds need to be inspected by the USDA, the customs and boarder protection, Agriculture Quarantine Inspection (CBP-AQI) or Plant Protection and Quarantine (PPQ).
The INVIMA certification is the equivalent to theFDA the United States Food & Drug License to Sell & Ship to Stores in the USA but we also needed the USDA approval to ship to the USA.
Now all our products can leave Colombia and enter the USA with all required permits from Colombia and the USA.
For those jealous Grinches that are trying to get us to fail, we thank you because you have made us stronger and we invite you to try our products, maybe that’ll help your overall mood.
This project is not just for us, but for millions of people that have suffered for many years and want to have a crop that will bring food on their table and a roof over their heads.
We work hard to give people a better life, we work hard to help others achieve their dreams.
We will make a difference in this world and we will leave a legacy for generations to come.
The project will be funded by the government of Colombia.
The initial budget that Funge stores has proposed to the PNUD is $1,430,746,100 Colombian Pesos or $476,915 USD to establish two pilots, one in Guaviare and one in Putumayo, two of the most important states or departamentos in Colombia that required crop substitution.
The project in Guaviare will require GMS and Funge stores to work directly with Farc,
“Armando Ríos” del Frente 1.
The government of Colombia has allocated $19,000,000 Colombian pesos or $6,333 USD per family to do crop substitution.
The project will have required Funge stores and GMS to complete the establishment of the first 200 hectares in Guaviare and 200 hectares in Putumayo in 4 months.
After this stage is completed we can expand to Taraza Antioquia, which has 4,000 farmers that are already signed up, and then to a good portion of the 96,000 hectares of Coca leaves that are concentrated in Putumayo, Guaviare, Nariño and Norte de Santander.
Kate Bahnsen, CEO of Inca Worldwide, states:
“This is a very big milestone for our project. Working directly with the PNUD and having a project funded directly by the government, show the support of the government and the commitment of the government to do substitution of Coca leaves with Sacha Inchi.”
is forcing Colombia to eradicate at least 50,000 hectares of Coca leaves before end of 2017.
Our project wants to have at least 25% of these farmers enroll in our Sacha Inchi project by 2018
all funded by FINAGRO.
This will mean our project will have 12,500 hectares of Sacha Inchi
or a production of 70,000 tons of Sacha Inchi
by 2019.
__________________________________________
FINAGRO
The Fund for Financing the Agricultural Sector, is an entity that promotes the development of the Colombian rural sector, with financing and rural development instruments, which stimulate investment.
It is a mixed economy society of the national order, organized as a credit establishment, with a special regime, linked to the Ministry of Agriculture and Rural Development and supervised by the Financial Superintendence of Colombia.
FINAGRO acts as a second-tier entity, that is, it grants resources under conditions of promotion to financial institutions, so that they in turn grant credits to productive projects.
Likewise, to facilitate access to financing,
FINAGRO administers instruments for the development of its agricultural project.
The Company operates a processing plant and warehouse in Florida, Colombia to de-shell, hydrate, and prepare the Sacha Inchi seeds for export.
The seeds are then transported to the USA to a roasting company for final preparation, seasoning, roasting, and packaging in “retail ready” bags.
The products are marketed through retailers and other outlets under their private label as well as the company’s brand “Inca Snacks” in the USA, Canada, Japan, Europe and China.
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 Afro Colombian 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 US Aid."
The company expects to make announcements shortly with respect to sales channels on our whole sales and retail distribution.
QED Connect announces new projections due to recent developments.
Kate Bahnsen, CEO, states,
"Because of the recent new relationships we have established, and our unique ability to control supply, and ultimately create an unique product we are forced to increase our projections.
As part of the company's promise to shareholders to maintain transparency we are posting them on our website.
Based on our present strategy for year 2018 our sales will be in excess of $175,000,000 USD with $119,000,000 USD in profit.
This is an exciting time for us as we continue to work with our farmers."
As previously stated all of the funding for this project will be funded by El Banco Agrario.
_________________________________
About Inca Worldwide
Inca Worldwide is a public listed company on the OTC under the symbol QEDN.
Our project offers an alternative to Farmers in Colombia to grow crops like Inca Seeds (Sacha Inchi) instead of Coca Plants.
Our Inca Seeds (Roasted Sacha Inchi) a complete protein with all 9-essential amino-acids rich in Omega 3, 6 & 9 and an antioxidant.
A real Super-food.
Sold toprivate brands and our own brandInca Snacks.
For those jealous Grinches that are trying to get us to fail, we thank you because you have made us stronger and we invite you to try our products, maybe that’ll help your overall mood.
This project is not just for us, but for millions of people that have suffered for many years and want to have a crop that will bring food on their table and a roof over their heads.
We work hard to give people a better life, we work hard to help others achieve their dreams.
We will make a difference in this world and we will leave a legacy for generations to come.
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