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QED Connect, Inc. $QEDN News
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QED Connect Inc. Video Tour of Its Subsidiary Emerald Med Farms
Sep 10, 2014
OTC Disclosure & News Service
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MANCHESTER, N.H., Sept. 10, 2014 (GLOBE NEWSWIRE) -- Management of QED Connect Inc. (OTC Pink:QEDN) today released a video for its wholly owned subsidiary, Emerald Med Farms Inc.. The tour offers a look at the facilities, current crop and future plans for expansion. Mr. Steven Amato, General Manger, provides a Q &A session at the conclusion of the tour giving further insight on the business.
Please join us at: http://youtu.be/-HOkq9rR-rA
About Emerald Med Farms, Inc.
Emerald Med Farms is a medical marijuana enterprise located on 300 acres of multiple parcels, agriculturally zoned, in Mendocino County, California. The company is committed to operating its facilities at the highest levels utilizing state-of-the-art proven methods to produce the highest of quality medical cannabis. Emerald Med Farms operates as an independent agent to the not-for-profit medical marijuana cooperatives providing them with goods and services to meet their requirements. The Company is the lease holder of land, and maintains and operates equipment, facilities and employees to grow and harvest the crops under a fixed contract. www.emeraldmedfarms.com
About QED Connect, Inc.
QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED acquired StockProfile.com. In April 2014, the Company entered into an agreement to acquire Emerald Med Farms, Inc. QED's business model allows it to achieve its goals by expanding its overall revenue and profits potential through multiple market segments. www.qedconnect.com
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
CONTACT: Tom Makmann
Tel: (603) 425-8933
Fax: (561) 764-6180
Email: info@qedconnect.com
Copyright © 2014 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
QED Connect Inc. Subsidiary Emerald Med Farms to Expand Into CBD and Marijuana Edibles Markets
Sep 03, 2014
OTC Disclosure & News Service
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MANCHESTER, N.H., Sept. 3, 2014 (GLOBE NEWSWIRE) -- Management of QED Connect Inc. (OTC Pink:QEDN) announced today that their wholly owned subsidiary, Emerald Med Farms Inc., will be expanding their medical marijuana market reach. The Company is applying for the licensing for the development of cannabidiol (CBD) oils and marijuana edibles.
The Cannabidiol (CBD) is a non-psychoactive cannabinoid found in marijuana. It is known to be an anti-inflammatory agent that is more effective than aspirin. The Cannabidiol has properties that relieve convulsions, inflammation, anxiety and nausea, as well as demonstrating positive results in preventing some cancer cell growth.
Besides adding new green houses and converting existing structures into climate controlled drying and curing areas, a commercial grade kitchen for production of "world class" edibles and a full laboratory will be constructed on their 300 acre property in Mendocino County, California. The laboratory will meet the requirements for high quality CBD oil extraction.
The company will incorporate a Carbon Dioxide (Co2) extraction process instead of the more commonly used Butane based extraction. Butane extraction is a cheaper procedure that carries risk of explosion hazard and can ultimately infuse the oils with toxic heavy metals. Whereas, the Co2 extraction process Emerald Med Farms will be employing carries little to no risk of fire or explosion. Also, because Co2 is essential to humans and plants, the pressurized Co2 is considered a safer liquid solvent. Once the oil is processed there is no Co2 residue left behind. This Co2 method is regularly used for products like decaffeinated coffee, beer hops, and a wide range of pharmaceutical precursors.
GM and VP of operations at Emerald Med Farms, Steve Amato, went on to say, "With this expansion of our market efforts we believe we're on track with our goal of becoming a leader in the medical marijuana industry by providing the highest quality and purity products."
About Emerald Med Farms, Inc.
Emerald Med Farms is a medical marijuana enterprise located on 300 acres of multiple parcels, agriculturally zoned, in Mendocino County, California. The company is committed to operating its facilities at the highest levels utilizing state-of-the-art proven methods to produce the highest of quality medical cannabis. Emerald Med Farms operates as an independent agent to the not-for-profit medical marijuana cooperatives providing them with goods and services to meet their requirements. The Company is the lease holder of land, and maintains and operates equipment, facilities and employees to grow and harvest the crops under a fixed contract. www.emeraldmedfarms.com
About QED Connect, Inc.
QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED acquired StockProfile.com. In April 2014, the Company entered into an agreement to acquire Emerald Med Farms, Inc. QED's business model allows it to achieve its goals by expanding its overall revenue and profits potential through multiple market segments. www.qedconnect.com
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
CONTACT: For more information contact:
Tom Makmann
Tel: (603) 425-8933
Fax: (561) 764-6180
Email: info@qedconnect.com
Copyright © 2014 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
QED Connect Inc. Plans to Add World Class Scientist to the Emerald Med Farms Team
Jul 10, 2014
OTC Disclosure & News Service
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MANCHESTER, N.H., July 10, 2014 (GLOBE NEWSWIRE) -- Management of QED Connect, Inc. (OTC Pink:QEDN) today announced that Emerald Med Farms will be complimenting the management team, with the addition of Mr. Thomas Szabo, PHD. In April 2014, the Company entered into an agreement to acquire 100% of Emerald Med Farms, Inc., a California based medical marijuana company. He brings his extensive research experience in biotech, pharmaceutical industry, and academia in the synthesis of small molecule libraries, nucleoside and nucleotide chemistry, solution- and solid-phase structural characterizations, assay development, characterization by NMR/MS, medicinal chemistry, automated prep-LCMS, SAR.
Mr. Szabo received a PhD in Organic Chemistry from Stockholm University. He was a Postdoctoral Research Associate in the development of methods for modular assembly of molecular capsules at Massachusetts Institute of Technology. Mr. Szabo also did Postdoctoral Research for the design, synthesis, and structural studies of self-assembling molecules at Scripps Research Institute, Lo Jolla CA.
Mr. Szabo commented, "I am very excited to be involved in the medical marijuana industry during its early stages of development. I believe that we will be able to improve the quality of the product for the user and improve the yield of the crops. As the industry matures and increased regulations are enacted it will be important to be able to control the growing cycle to assure we meet or exceed these standards."
Mr. Steven Amano, GM and VP of Operations for Emerald Med Farms, added, "With the addition of Thomas, we will have a solid team to assist us in executing our plan to be a major supplier. Emerald Med Farms plans to develop a state-of-the-art facility which will utilize multi-state experience and proven methods to produce the highest of quality medical cannabis. It is our intention to be a leader providing improved products as this industry becomes a major component of the medical industry."
About QED Connect, Inc.
QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED acquired StockProfile.com. In April 2014, the Company entered into an agreement to acquire Emerald Med Farms, Inc., a California based medical marijuana company. www.emeraldmedfarms.com. QED's business model helps to achieve its goals by expanding its overall revenue and profits potential through multiple market segments. www.qedconnect.com
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
CONTACT: For more information contact:
Tom Makmann
Tel: (603) 425-8933
Fax: (561) 764-6180
Email: info@qedconnect.com
Copyright © 2014 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
QED Connect, Inc. Completes 40% Authorized Share Reduction
Jun 20, 2014
OTC Disclosure & News Service
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QED Connect, Inc. Completes 40% Authorized Share Reduction
MANCHESTER, NH--(Marketwired - Jun 20, 2014) - Management of QED Connect, Inc. (OTC Pink: QEDN) (PINKSHEETS: QEDN) today announced that they have received official completion notice from the Secretary of State (SOS) of New York for the reduction of its authorized shares of common stock to 600,000,000 from 1,000,000,000. Additionally, the Series A preferred shares shall no longer have conversion rights to common shares. The amendment to the Articles of Incorporation that was filed with the SOS will be reflected in subsequent fillings. The web site for OTC Markets has been updated to reflect the current number of shares.
Additionally, the Company has initiated the process to have the DTC Chill lifted. A DTC chill is the suspension of certain DTC services with respect to an issuer's securities. It does not prevent trading of shares but requires shareholders to deposit the Company's shares manually. QED will provide continued updates to this process.
The Company's recently announced acquisition of Emerald Med Farms, Inc. is finalizing operations as it prepares to harvest the initial crop of plants (press release June 10th). Emerald Med Farms, Inc. is registered within the state of Nevada as a Domestic Corporation under NV Business ID# NV20141273899 and will have a dual registration to do business as a Foreign Corporation in the state of California. The Company is currently authorized to operate under the 180 day grace period while its registration is completed under the California SOS which is expected shortly.
About QED Connect, Inc.
QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED acquired StockProfile.com. In April 2014, the Company entered into an agreement to acquire Emerald Med Farms, Inc., a California based medical marijuana company (www.emeraldmedfarms.com). QED's business model helps to achieve its goals by expanding its overall revenue and profits potential through multiple market segments. www.qedconnect.com
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
For more information contact:
Tom Makmann
Tel: (603) 425-8933
Fax: (561) 764-6180
Email: info@qedconnect.com
Copyright © 2014 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
QED Connect, Inc. Provides Information Regarding the Medical Marijuana Industry
Jun 10, 2014
OTC Disclosure & News Service
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QED Connect, Inc. Provides Information Regarding the Medical Marijuana Industry
MANCHESTER, NH--(Marketwired - Jun 10, 2014) - Management of QED Connect, Inc. (OTC Pink: QEDN) (PINKSHEETS: QEDN) today is providing further information of the California's Medical Marijuana industry in regards to its wholly owned subsidiary, Emerald Med Farm, LLC.
California's Proposition 215 was the first statewide medical marijuana voter initiative adopted in the USA. Proposition 215 (HS 11362.5) was passed in 1996 by a 56% majority of California voters in November 1996. The California Supreme Court has ruled that marijuana is as legal as any prescription drug under State law.
On January 1, 2004, the California Senate Bill 420, the Medical Marijuana Program Act (MMP), became law. The law requires the Department of Public Health (DPH) to establish and maintain a program for the voluntary registration of qualified medical marijuana patients and their primary caregivers through a statewide identification card system. Under California law, medical marijuana patients may "associate within the State of California in an order collectively or cooperatively to cultivate marijuana for medical purposes." The collective provides a means for facilitating or coordinating transactions between members including growing and distribution. As is the case when growing for your own personal use, a collective operation should produce no more than is medically necessary for the members of the cooperative. However, there is no limit to the number of people who can be members, and not all members have to participate in the actual cultivation. The collective must operate on a non-profit basis as set forth in the Attorney General's Guidelines.
California, and each county within the state originally had specific guidelines about how many plants a patient could grow at any one time. However, in 2010 the California Supreme Court ruled that these guidelines were illegal, and that patients could possess or grow as much marijuana as is reasonably related to their medical needs. The basic rule of thumb is that you can grow as much as you legitimately need to treat the medical condition for which you have the doctor's recommendation.
A dispensary is a storefront operation distributing medicine to the patient members of the collective. A medical marijuana dispensary must be organized as a non-profit.
The Company's wholly owned subsidiary, Emerald Med Farms LLC, is a lease holder of land, and maintains operates equipment, facilities and employees to grow and harvest crops to be used in the medical marijuana industry. Emerald Med Farms will be a contractor and provide goods and services to the not-for-profit medical marijuana cooperative.
Under the Chapter 9.31, MEDICAL MARIJUANA CULTIVATION REGULATION of the Mendocino County Code, individuals cannot cultivate more than 25 plants per parcel of land without prior consent from the governing authority. However, a grower can attain an exemption, if the parcel of land exceeds nine acres, and all the members managing the marijuana crop are adults, with no previous felony charges against them. Emerald Med Farms meets these criteria.
About QED Connect, Inc.
QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED acquired StockProfile.com. In April 2014, the Company entered into an agreement to acquire Emerald Med Farms, LLC; a California based medical marijuana company. www.emeraldmedfarms.com. QED's business model helps to achieve its goals by expanding its overall revenue and profits potential through multiple market segments. www.qedconnect.com
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
For more information contact:
Tom Makmann
Tel: (603) 425-8933
Fax: (561) 764-6180
Email: info@qedconnect.com
Copyright © 2014 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
QED Connect Inc. Completes Filings, Growing First Marijuana Harvest
Jun 04, 2014
OTC Disclosure & News Service
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QED Connect Inc. Completes Filings, Growing First Marijuana Harvest
MANCHESTER, NH--(Marketwired - Jun 4, 2014) - Management of QED Connect, Inc. (OTC Pink: QEDN) (PINKSHEETS: QEDN) today announced that they completed its filings for its year end 2013 and the first quarter 2014 to be in full compliance with its disclosures and financials as required by the OTC Markets guidelines. QED's status on OTC Markets is now listed as OTC Pink Current Information.
Currently, the Company's wholly owned subsidiary, Emerald Med Farms LLC, has a marijuana crop in the process of maturing that is expected to be ready within the next 30 to 45 days for harvesting. The current crop is estimated to yield between 3 and 4 pounds per plant and, upon the successful harvesting of these strains of marijuana, the product will be distributed through a Cooperative of California medical dispensaries.
The marijuana plants are from two strains: 1) The OG Kush Strain which was originally from Northern California and has quickly become known around the world for its distinct aroma and strong effects. The OG Kush strain is one of the most popular medical marijuana strains grown and sold by dispensaries today. 2) Sour Diesel Strain which is named after its pungent, diesel-like aroma. This fast-acting strain delivers energizing, dreamy cerebral effects that provides stress, pain, and depression relief and provides long-lasting relief making it a top choice among medical patients.
Steven Amato, Sr., General Manager and VP Operations of Emerald Med Farms, commented, "We are thrilled to be seeing our business plan come to life and, with the harvesting of the initial crop, be in position to complete its first phase. This is a very exciting time in the medical marijuana industry as it is continuing to evolve and, potentially, be accepted in all 50 states. How and what is being produced will probably become regulated much as the alcohol and cigarette industry. This will most likely require meeting approved standards for the method of growing and preparation of the marijuana. Emerald Med Farms is committed to be a leading provider of top quality cannabis plants and will be investing in the development of new and improved strains."
Please see the company's web site for additional information: www.emeraldmedfarms.com
About QED Connect, Inc.
QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED acquired StockProfile.com. In April 2014, the Company entered into an agreement to acquire Emerald Med Farms, LLC; a California based medical marijuana company. www.emeraldmedfarms.com . QED's business model helps to achieve its goals by expanding its overall revenue and profits potential through multiple market segments. www.qedconnect.com
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
For more information contact:
Tom Makmann
Tel: (603) 425-8933
Fax: (561) 764-6180
Email: info@qedconnect.com
Copyright © 2014 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
QED Connect Inc. BOD Approves 40% Reduction of Authorized Shares
Jun 02, 2014
OTC Disclosure & News Service
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QED Connect Inc. BOD Approves 40% Reduction of Authorized Shares
MANCHESTER, NH--(Marketwired - Jun 2, 2014) - Management of QED Connect, Inc. (OTC Pink: QEDN) (PINKSHEETS: QEDN) today announced that the Board of Directors has approved a 40% reduction in its authorized shares. The Company will reduce the number of authorized common shares from 1,000,000,000 to 600,000,000. Additionally, the Series A preferred shares shall no longer have conversion rights to common shares. QED is working with its registered agent, Corporate Creations, to file an amendment to the Articles of Incorporation with the Secretary of the State of New York and will be reflected in subsequent fillings.
About QED Connect, Inc.
QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED acquired StockProfile.com. In April 2014, the Company entered into an agreement to acquire Emerald Med Farms, LLC; a California based medical marijuana company. www.emeraldmedfarms.com QED's business model helps to achieve its goals by expanding its overall revenue and profits potential through multiple market segments. www.qedconnect.com
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
For more information contact:
Tom Makmann
Tel: (603) 425-8933
Fax: (561) 764-6180
Email: info@qedconnect.com
Copyright © 2014 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
QED Connect, Inc. Acquires Medical Marijuana Company: Emerald Med Farms
Apr 29, 2014
OTC Disclosure & News Service
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QED Connect, Inc. Acquires Medical Marijuana Company: Emerald Med Farms
MANCHESTER, NH--(Marketwired - Apr 29, 2014) - Management of QED Connect, Inc. (OTC Pink: QEDN) (PINKSHEETS: QEDN) today announced the acquisition of Emerald Med Farms, LLC, a California based medical marijuana company. The company will be a wholly owned subsidiary of QED Connect, Inc.
Emerald Med Farms is a newly launched enterprise that cultivates, harvests cannabis for the medical marijuana industry with a business philosophy to be the "Cannabis Purveyors of the Highest Quality". They have developed an exceptional methodology of employing a continuous sterile environment during all stages of operations to ensure that the product maintains the upmost quality and purity. Their facilities will be state-of-the-art utilizing multi-state proven methods to produce the highest of quality medical cannabis. Emerald Med Farms management and key personnel have a successful track record including a Master Grower with over 27 years of experience in California with both inside and outside growing for all styles of plant and vegetation. The company has also built a strong network of industry professionals ranging from research facilities to individual scientist from around the globe to support their endeavors. The Company operations are in full compliance to the medical marijuana California Co-Operative. The Co-Op maintains a roster of registered patients under "right to grow" which defines the number of plants per patient per script.
After extensive research by its founders, it was determined that the best locations for the company to conduct its business was Mendocino County California not far from the Russian River's prime growing region. Mendocino County has a wide range of mesoclimates (the distinct climate conditions of a specific area, specifically as experienced by a vineyard site) that are influenced by the county's diversity in climatic and geography. The region is rich in agriculture history to include nearly 40 wineries, and is ideal for Emerald Med Farms to grow cannabis. The Company is finalizing its arrangements for the primary operations site (growing, harvest, drying, production of products) on 300 acres that are unique as it has extensive natural spring fed wells. This is a key element in producing high quality harvests.
The Company is currently in production of its first phase of its development plan. They began its operations early this year to be in position to benefit from a full year growing season. The products are distributed through a Cooperative of California medical dispensaries. Please see the company's web site for additional information: www.emeraldmedfarms.com
Medical uses of marijuana has an extensive history dating back about 10,000 years ago. Cannabis is one of the 50 "fundamental" herbs in traditional Chinese medicine. It is rumored that Thomas Jefferson traded marijuana blends with George Washington and the other founding fathers and both Jefferson and Washington traded seeds and plants with other farmers on a regular basis. In the 1970s, a synthetic version of THC was produced and approved for use in the United States as the drug Marinol.
The legalization of marijuana for both medical and recreational uses has expanded in the last few years and the growth rate of the U.S. cannabis industry almost doubling year over year, according to the latest industry report (ArcView Market Research). Legal marijuana sales in the U.S. will top $2.3 billion in 2014, up 64 percent from 2013 $1.4 billion and is projected to reach $10.2 billion by 2018. Currently there are 21 states and Washington DC that have legalized the use of medical marijuana.
Tom Makmann, President and CEO of QED Connect commented, "We are very excited to be entering into the medical marijuana market place. The utilization of the cannabis or specific cannabinoids as herbal therapy to treat disease or alleviate symptoms is experiencing high levels of acceptance. With the acquisition of Emerald Farms, QED believes it is well positioned to become a leading supplier in this high growth market and expects to be producing income within six (6) months of operations."
Steven Amato, Sr., General Manger and VP Operations of Emerald Med Farms, added, "We have been working on our business plan for the last few years beginning with finding an ideal location for the farm. The relationships that we have developed will allow us to continue to provide the latest strains and implement improved techniques to keep Emerald Med Farms as a leading provider. By joining QED, we are well positioned to realize our plan and expect to see the results of our initial planting by the middle of this year."
Under the terms of the agreement Emerald Med Farms will continue to operate as an independent organization under the current management as a wholly owned subsidiary of QED Connect. Emerald Med Farms will receive 10,000,000 shares (restricted stock) of QED Connect. Additional information of the terms of the transaction will be released in the corporate flings.
About QED Connect, Inc.
QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED primarily focuses on businesses that are producing revenue and that can expand into additional markets or sectors. QED looks beyond current conditions such as underperformance of an existing asset due to inadequate capital, limited development expertise or a lack of strategic vision, and is able to recognize short and long-term asset potential and opportunities to add value. This business model achieves the Company's goals while expanding its overall revenue and profits and diversifies through entry into the multiple market segments. By helping its partners and subsidiaries realize success the resulting growth, enhances QED's ability to increase shareholder value. www.qedconnect.com
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) close the above acquisitions; (iv) competitive factors and developments beyond the Company's control; and (v) other risk factors.
For more information contact:
Tom Makmann
Tel: (603) 425-8933
Fax: (561) 764-6180
Email: info@qedconnect.com
Copyright © 2014 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
QED Connect Inc. Provides Update to AFON 2010 Ltd. Acquisition
Jan 15, 2014
OTC Disclosure & News Service
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QED Connect Inc. Provides Update to AFON 2010 Ltd. Acquisition
16,357 Metric Thousand Tons of Ukraine Oil Reserves
MANCHESTER, NH--(Marketwired - Jan 15, 2014) - Management of QED Connect, Inc. (OTC Pink: QEDN) today provided updates regarding the recent acquisition of AFON 2010, Ltd. by Energy Today, Inc. (OTC Pink: NRGT), a portfolio company of QED.
On January 2nd, Energy Today, Inc. filed a Form 8-K with the Securities and Exchange Commission disclosing its purchase of 100% of the equity interest in AFON 2010 Ltd. for 2,666,000 shares of Energy Today, Inc. AFON 2010 Ltd. was formed in the Ukraine as an oil and gas company to hold oil and gas leases in western Ukraine. These concessions are located within the South Terenyans'ka area in the Nadvirnyans'ky district of Ivano-Frankivs'k region 5 km northeast from the village of Kosmach.
The Western Ukrainian Geophysical Prospecting Expedition (WUGRE), an independent oil and gas consulting firm, performed the Geological Survey on AFON 2010's leases. A team of seven Geologists concluded that the concession is viable and should be prepared for deep well drilling. The WUGRE was set up in 1948 as the basis of State Geophysical Company "Ukrheofizyka" for assisting in expanding oil and gas survey works in the western region of Ukraine and Moldavia. They have completed over 150,000 running kilometers of seismic profiles.
The survey by WUGRE on AFON 2010's leases determined that the concessions have proven and probable reserves of 16,357 thousand metric tons. The characteristics of subsoil report validates that the reserves can be classified as Category 3 (proven and probable).
According to the Society of Petroleum Engineers (SPE), 1 ton of oil equals 7.33 barrels of oil. This means that AFON 2010's total of 16,357 thousand tons of reserves equals 119,896,810 barrels of proven and probable reserves. The SPE and the World Petroleum Council (WPC, formerly World Petroleum Congresses), define proven reserves as having an over 90% chance of being recoverable with probable reserves having a minimum of 50% chance of being present.
AFON 2010 Ltd.'s Special Permit for the use of subsoil for its property leases was approved by the State Department of Ecology and Natural Resources in Ivano-Frankivs'k region of 14.12.2005/ecological card number 293/; Ivano-Frankivs'k Regional Council -- 15.03.2001 number 14-194/112/313; Ministry of Energy -- 04.02.2010 number 08/31-189/1 for a period of 5 years.
Additional information and supporting documentation of the acquisition can be found at the Company's website under the Natural Resources section:
www.qedconnect.com/about-us/natural-resources/
Tom Makmann, President and CEO commented, "We believe that the acquisition of AFON has the possibility to provide QED and its portfolio company, Energy Today, substantial value. The spot price of crude oil is over $90 a barrel and upon completing the funding and development of the concession, the resulting income should offer the shareholders increased value."
QED recently updated its financials and obtained OTC Current Information Status.
In response to several shareholder inquires, the Company does not have any current plans for a reverse.
About QED Connect, Inc.
QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED primarily focuses on businesses that are producing revenue and that can expand into additional markets or sectors. QED looks beyond current conditions such as underperformance of an existing asset due to inadequate capital, limited development expertise or a lack of strategic vision, and is able to recognize short and long-term asset potential and opportunities to add value. This business model achieves the Company's goals while expanding its overall revenue and profits and diversifies through entry into the multiple market segments. By helping its partners and subsidiaries realize success the resulting growth, enhances QED's ability to increase shareholder value. www.qedconnect.com
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) close the above acquisitions; (iv) competitive factors and developments beyond the Company's control; and (v) other risk factors.
For more information contact
Tom Makmann
(603) 425-8933
info@qedconnect.com
Copyright © 2014 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
QED Connect Inc. Update
Jan 02, 2014
OTC Disclosure & News Service
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QED Connect Inc. Update
Energy Today, Inc. Completes Acquisition of AFON (Ukraine Oil & Gas)
MANCHESTER, NH--(Marketwired - Jan 2, 2014) - Management of QED Connect, Inc. (OTC Pink: QEDN) today announced that its oil and gas portfolio company, Energy Today Inc., has completed the acquisition of AFON 2010, its first oil and gas investment.
AFON 2010 Ltd. is a Ukraine-based oil and gas company with concessions to oil and gas leases in western Ukraine. AFON 2010's concessions lie in the South Terenyans'ka area in the Nadvirnyans'ky district of Ivano-Frankivs'k region 5 km northeast from the village of Kosmach. Western Ukrainian Geophysical Prospecting Expedition, an independent oil and gas consulting firm, performed a survey on AFON 2010's leases and determined that the AFON's concessions have the potential to produce 119,000,000 barrels of oil.
During 2013, QED completed its acquisition of a control block of the outstanding common stock of Yellow7, Inc., changed the name, and completed a restructuring of the cap structure. The resulting corporation, Energy Today, Inc., is focused on the oil and gas industry. Energy Today is the process of acquiring other oil and gas companies assets in Western Siberia, Kalmykia, and West Texas. QED owns approximately 22% of the common stock of Energy Today.
Tom Makmann, CEO and President, stated, "For 2014, the Company will continue its plans to focus on acquisitions, strategic partnerships and joint ventures. We focus on acquiring companies with established businesses and good financial performance. The Company is reviewing several opportunities and hopes to make additional acquisitions by the second quarter of 2014."
Management is pleased to provide the following information regarding transactions that QED has completed or are in process:
QED is evaluating an investment in a company that has developed video search technology for mobile phones. This technology will provide a simple 2-click solution for mobile users using a smartphone app and web-based service available for the iOS and Android platforms. This technology can "look" inside the video, analyze it, compress it, and deliver it in "real time" to the platform of choice. This technology will be introduced in China, with further launches to be evaluated. The technology is patented and is supported by the Chinese Academy of Science.
QED is exploring the possibility of using its StockProfile.com asset as a crowdfunding platform. The Securities and Exchange Commission has proposed rules regarding crowdfunding, which will allow retail investors to invest in small companies without the cost and burden of undertaking a registered public offering.
QED entered into a joint venture agreement a few years ago with Sofame Technologies Inc. Sofame Technologies engineers, manufactures and supplies 100% efficient condensing industrial water heaters as well as patented waste heat recovery systems for large boilers and turbines to blue chip companies, hospitals and universities. The joint venture company, Sofame Energy Inc., will have rights to distribute Sofame Technologies' products in the United States. www.sofame.com
Mr. Makmann added, "We are very excited about the prospects for 2014. We intend to build off of the groundwork that we have laid over the past couple of years in locating promising investment opportunities. Our progress has been slower than desired due to the combination of difficult economic times and lack of available funding; however, we are working on financing from various sources. Once sufficient capital is obtained, we believe that will be in a position to give our shareholders increased value from our investment and acquisition strategy."
About QED Connect, Inc.
QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED primarily focuses on businesses that are producing revenue and that can expand into additional markets or sectors. QED looks beyond current conditions such as underperformance of an existing asset due to inadequate capital, limited development expertise or a lack of strategic vision, and is able to recognize short and long-term asset potential and opportunities to add value. This business model achieves the Company's goals while expanding its overall revenue and profits and diversifies through entry into the multiple market segments. By helping its partners and subsidiaries realize success the resulting growth, enhances QED's ability to increase shareholder value. www.qedconnect.com
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) close the above acquisitions; (iv) competitive factors and developments beyond the Company's control; and (v) other risk factors.
For more information contact
Tom Makmann
(603) 425-8933
info@qedconnect.com
Copyright © 2014 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
Last updated 01/07/2017 - 0.0089
QED Connect Inc. Video Tour of Its Subsidiary Emerald Med Farms
Sep 10, 2014
OTC Disclosure & News Service
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MANCHESTER, N.H., Sept. 10, 2014 (GLOBE NEWSWIRE) -- Management of QED Connect Inc. (OTC Pink:QEDN) today released a video for its wholly owned subsidiary, Emerald Med Farms Inc.. The tour offers a look at the facilities, current crop and future plans for expansion. Mr. Steven Amato, General Manger, provides a Q &A session at the conclusion of the tour giving further insight on the business.
Please join us at: http://youtu.be/-HOkq9rR-rA
About Emerald Med Farms, Inc.
Emerald Med Farms is a medical marijuana enterprise located on 300 acres of multiple parcels, agriculturally zoned, in Mendocino County, California. The company is committed to operating its facilities at the highest levels utilizing state-of-the-art proven methods to produce the highest of quality medical cannabis. Emerald Med Farms operates as an independent agent to the not-for-profit medical marijuana cooperatives providing them with goods and services to meet their requirements. The Company is the lease holder of land, and maintains and operates equipment, facilities and employees to grow and harvest the crops under a fixed contract. www.emeraldmedfarms.com
About QED Connect, Inc.
QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED acquired StockProfile.com. In April 2014, the Company entered into an agreement to acquire Emerald Med Farms, Inc. QED's business model allows it to achieve its goals by expanding its overall revenue and profits potential through multiple market segments. www.qedconnect.com
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
CONTACT: Tom Makmann
Tel: (603) 425-8933
Fax: (561) 764-6180
Email: info@qedconnect.com
Copyright © 2014 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
QED Connect Inc. Subsidiary Emerald Med Farms to Expand Into CBD and Marijuana Edibles Markets
Sep 03, 2014
OTC Disclosure & News Service
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MANCHESTER, N.H., Sept. 3, 2014 (GLOBE NEWSWIRE) -- Management of QED Connect Inc. (OTC Pink:QEDN) announced today that their wholly owned subsidiary, Emerald Med Farms Inc., will be expanding their medical marijuana market reach. The Company is applying for the licensing for the development of cannabidiol (CBD) oils and marijuana edibles.
The Cannabidiol (CBD) is a non-psychoactive cannabinoid found in marijuana. It is known to be an anti-inflammatory agent that is more effective than aspirin. The Cannabidiol has properties that relieve convulsions, inflammation, anxiety and nausea, as well as demonstrating positive results in preventing some cancer cell growth.
Besides adding new green houses and converting existing structures into climate controlled drying and curing areas, a commercial grade kitchen for production of "world class" edibles and a full laboratory will be constructed on their 300 acre property in Mendocino County, California. The laboratory will meet the requirements for high quality CBD oil extraction.
The company will incorporate a Carbon Dioxide (Co2) extraction process instead of the more commonly used Butane based extraction. Butane extraction is a cheaper procedure that carries risk of explosion hazard and can ultimately infuse the oils with toxic heavy metals. Whereas, the Co2 extraction process Emerald Med Farms will be employing carries little to no risk of fire or explosion. Also, because Co2 is essential to humans and plants, the pressurized Co2 is considered a safer liquid solvent. Once the oil is processed there is no Co2 residue left behind. This Co2 method is regularly used for products like decaffeinated coffee, beer hops, and a wide range of pharmaceutical precursors.
GM and VP of operations at Emerald Med Farms, Steve Amato, went on to say, "With this expansion of our market efforts we believe we're on track with our goal of becoming a leader in the medical marijuana industry by providing the highest quality and purity products."
About Emerald Med Farms, Inc.
Emerald Med Farms is a medical marijuana enterprise located on 300 acres of multiple parcels, agriculturally zoned, in Mendocino County, California. The company is committed to operating its facilities at the highest levels utilizing state-of-the-art proven methods to produce the highest of quality medical cannabis. Emerald Med Farms operates as an independent agent to the not-for-profit medical marijuana cooperatives providing them with goods and services to meet their requirements. The Company is the lease holder of land, and maintains and operates equipment, facilities and employees to grow and harvest the crops under a fixed contract. www.emeraldmedfarms.com
About QED Connect, Inc.
QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED acquired StockProfile.com. In April 2014, the Company entered into an agreement to acquire Emerald Med Farms, Inc. QED's business model allows it to achieve its goals by expanding its overall revenue and profits potential through multiple market segments. www.qedconnect.com
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
CONTACT: For more information contact:
Tom Makmann
Tel: (603) 425-8933
Fax: (561) 764-6180
Email: info@qedconnect.com
Copyright © 2014 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
QED Connect Inc. Plans to Add World Class Scientist to the Emerald Med Farms Team
Jul 10, 2014
OTC Disclosure & News Service
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MANCHESTER, N.H., July 10, 2014 (GLOBE NEWSWIRE) -- Management of QED Connect, Inc. (OTC Pink:QEDN) today announced that Emerald Med Farms will be complimenting the management team, with the addition of Mr. Thomas Szabo, PHD. In April 2014, the Company entered into an agreement to acquire 100% of Emerald Med Farms, Inc., a California based medical marijuana company. He brings his extensive research experience in biotech, pharmaceutical industry, and academia in the synthesis of small molecule libraries, nucleoside and nucleotide chemistry, solution- and solid-phase structural characterizations, assay development, characterization by NMR/MS, medicinal chemistry, automated prep-LCMS, SAR.
Mr. Szabo received a PhD in Organic Chemistry from Stockholm University. He was a Postdoctoral Research Associate in the development of methods for modular assembly of molecular capsules at Massachusetts Institute of Technology. Mr. Szabo also did Postdoctoral Research for the design, synthesis, and structural studies of self-assembling molecules at Scripps Research Institute, Lo Jolla CA.
Mr. Szabo commented, "I am very excited to be involved in the medical marijuana industry during its early stages of development. I believe that we will be able to improve the quality of the product for the user and improve the yield of the crops. As the industry matures and increased regulations are enacted it will be important to be able to control the growing cycle to assure we meet or exceed these standards."
Mr. Steven Amano, GM and VP of Operations for Emerald Med Farms, added, "With the addition of Thomas, we will have a solid team to assist us in executing our plan to be a major supplier. Emerald Med Farms plans to develop a state-of-the-art facility which will utilize multi-state experience and proven methods to produce the highest of quality medical cannabis. It is our intention to be a leader providing improved products as this industry becomes a major component of the medical industry."
About QED Connect, Inc.
QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED acquired StockProfile.com. In April 2014, the Company entered into an agreement to acquire Emerald Med Farms, Inc., a California based medical marijuana company. www.emeraldmedfarms.com. QED's business model helps to achieve its goals by expanding its overall revenue and profits potential through multiple market segments. www.qedconnect.com
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
CONTACT: For more information contact:
Tom Makmann
Tel: (603) 425-8933
Fax: (561) 764-6180
Email: info@qedconnect.com
Copyright © 2014 GlobeNewswire. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
QED Connect, Inc. Completes 40% Authorized Share Reduction
Jun 20, 2014
OTC Disclosure & News Service
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QED Connect, Inc. Completes 40% Authorized Share Reduction
MANCHESTER, NH--(Marketwired - Jun 20, 2014) - Management of QED Connect, Inc. (OTC Pink: QEDN) (PINKSHEETS: QEDN) today announced that they have received official completion notice from the Secretary of State (SOS) of New York for the reduction of its authorized shares of common stock to 600,000,000 from 1,000,000,000. Additionally, the Series A preferred shares shall no longer have conversion rights to common shares. The amendment to the Articles of Incorporation that was filed with the SOS will be reflected in subsequent fillings. The web site for OTC Markets has been updated to reflect the current number of shares.
Additionally, the Company has initiated the process to have the DTC Chill lifted. A DTC chill is the suspension of certain DTC services with respect to an issuer's securities. It does not prevent trading of shares but requires shareholders to deposit the Company's shares manually. QED will provide continued updates to this process.
The Company's recently announced acquisition of Emerald Med Farms, Inc. is finalizing operations as it prepares to harvest the initial crop of plants (press release June 10th). Emerald Med Farms, Inc. is registered within the state of Nevada as a Domestic Corporation under NV Business ID# NV20141273899 and will have a dual registration to do business as a Foreign Corporation in the state of California. The Company is currently authorized to operate under the 180 day grace period while its registration is completed under the California SOS which is expected shortly.
About QED Connect, Inc.
QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED acquired StockProfile.com. In April 2014, the Company entered into an agreement to acquire Emerald Med Farms, Inc., a California based medical marijuana company (www.emeraldmedfarms.com). QED's business model helps to achieve its goals by expanding its overall revenue and profits potential through multiple market segments. www.qedconnect.com
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
For more information contact:
Tom Makmann
Tel: (603) 425-8933
Fax: (561) 764-6180
Email: info@qedconnect.com
Copyright © 2014 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
QED Connect, Inc. Provides Information Regarding the Medical Marijuana Industry
Jun 10, 2014
OTC Disclosure & News Service
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QED Connect, Inc. Provides Information Regarding the Medical Marijuana Industry
MANCHESTER, NH--(Marketwired - Jun 10, 2014) - Management of QED Connect, Inc. (OTC Pink: QEDN) (PINKSHEETS: QEDN) today is providing further information of the California's Medical Marijuana industry in regards to its wholly owned subsidiary, Emerald Med Farm, LLC.
California's Proposition 215 was the first statewide medical marijuana voter initiative adopted in the USA. Proposition 215 (HS 11362.5) was passed in 1996 by a 56% majority of California voters in November 1996. The California Supreme Court has ruled that marijuana is as legal as any prescription drug under State law.
On January 1, 2004, the California Senate Bill 420, the Medical Marijuana Program Act (MMP), became law. The law requires the Department of Public Health (DPH) to establish and maintain a program for the voluntary registration of qualified medical marijuana patients and their primary caregivers through a statewide identification card system. Under California law, medical marijuana patients may "associate within the State of California in an order collectively or cooperatively to cultivate marijuana for medical purposes." The collective provides a means for facilitating or coordinating transactions between members including growing and distribution. As is the case when growing for your own personal use, a collective operation should produce no more than is medically necessary for the members of the cooperative. However, there is no limit to the number of people who can be members, and not all members have to participate in the actual cultivation. The collective must operate on a non-profit basis as set forth in the Attorney General's Guidelines.
California, and each county within the state originally had specific guidelines about how many plants a patient could grow at any one time. However, in 2010 the California Supreme Court ruled that these guidelines were illegal, and that patients could possess or grow as much marijuana as is reasonably related to their medical needs. The basic rule of thumb is that you can grow as much as you legitimately need to treat the medical condition for which you have the doctor's recommendation.
A dispensary is a storefront operation distributing medicine to the patient members of the collective. A medical marijuana dispensary must be organized as a non-profit.
The Company's wholly owned subsidiary, Emerald Med Farms LLC, is a lease holder of land, and maintains operates equipment, facilities and employees to grow and harvest crops to be used in the medical marijuana industry. Emerald Med Farms will be a contractor and provide goods and services to the not-for-profit medical marijuana cooperative.
Under the Chapter 9.31, MEDICAL MARIJUANA CULTIVATION REGULATION of the Mendocino County Code, individuals cannot cultivate more than 25 plants per parcel of land without prior consent from the governing authority. However, a grower can attain an exemption, if the parcel of land exceeds nine acres, and all the members managing the marijuana crop are adults, with no previous felony charges against them. Emerald Med Farms meets these criteria.
About QED Connect, Inc.
QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED acquired StockProfile.com. In April 2014, the Company entered into an agreement to acquire Emerald Med Farms, LLC; a California based medical marijuana company. www.emeraldmedfarms.com. QED's business model helps to achieve its goals by expanding its overall revenue and profits potential through multiple market segments. www.qedconnect.com
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
For more information contact:
Tom Makmann
Tel: (603) 425-8933
Fax: (561) 764-6180
Email: info@qedconnect.com
Copyright © 2014 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
QED Connect Inc. Completes Filings, Growing First Marijuana Harvest
Jun 04, 2014
OTC Disclosure & News Service
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QED Connect Inc. Completes Filings, Growing First Marijuana Harvest
MANCHESTER, NH--(Marketwired - Jun 4, 2014) - Management of QED Connect, Inc. (OTC Pink: QEDN) (PINKSHEETS: QEDN) today announced that they completed its filings for its year end 2013 and the first quarter 2014 to be in full compliance with its disclosures and financials as required by the OTC Markets guidelines. QED's status on OTC Markets is now listed as OTC Pink Current Information.
Currently, the Company's wholly owned subsidiary, Emerald Med Farms LLC, has a marijuana crop in the process of maturing that is expected to be ready within the next 30 to 45 days for harvesting. The current crop is estimated to yield between 3 and 4 pounds per plant and, upon the successful harvesting of these strains of marijuana, the product will be distributed through a Cooperative of California medical dispensaries.
The marijuana plants are from two strains: 1) The OG Kush Strain which was originally from Northern California and has quickly become known around the world for its distinct aroma and strong effects. The OG Kush strain is one of the most popular medical marijuana strains grown and sold by dispensaries today. 2) Sour Diesel Strain which is named after its pungent, diesel-like aroma. This fast-acting strain delivers energizing, dreamy cerebral effects that provides stress, pain, and depression relief and provides long-lasting relief making it a top choice among medical patients.
Steven Amato, Sr., General Manager and VP Operations of Emerald Med Farms, commented, "We are thrilled to be seeing our business plan come to life and, with the harvesting of the initial crop, be in position to complete its first phase. This is a very exciting time in the medical marijuana industry as it is continuing to evolve and, potentially, be accepted in all 50 states. How and what is being produced will probably become regulated much as the alcohol and cigarette industry. This will most likely require meeting approved standards for the method of growing and preparation of the marijuana. Emerald Med Farms is committed to be a leading provider of top quality cannabis plants and will be investing in the development of new and improved strains."
Please see the company's web site for additional information: www.emeraldmedfarms.com
About QED Connect, Inc.
QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED acquired StockProfile.com. In April 2014, the Company entered into an agreement to acquire Emerald Med Farms, LLC; a California based medical marijuana company. www.emeraldmedfarms.com . QED's business model helps to achieve its goals by expanding its overall revenue and profits potential through multiple market segments. www.qedconnect.com
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
For more information contact:
Tom Makmann
Tel: (603) 425-8933
Fax: (561) 764-6180
Email: info@qedconnect.com
Copyright © 2014 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
QED Connect Inc. BOD Approves 40% Reduction of Authorized Shares
Jun 02, 2014
OTC Disclosure & News Service
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QED Connect Inc. BOD Approves 40% Reduction of Authorized Shares
MANCHESTER, NH--(Marketwired - Jun 2, 2014) - Management of QED Connect, Inc. (OTC Pink: QEDN) (PINKSHEETS: QEDN) today announced that the Board of Directors has approved a 40% reduction in its authorized shares. The Company will reduce the number of authorized common shares from 1,000,000,000 to 600,000,000. Additionally, the Series A preferred shares shall no longer have conversion rights to common shares. QED is working with its registered agent, Corporate Creations, to file an amendment to the Articles of Incorporation with the Secretary of the State of New York and will be reflected in subsequent fillings.
About QED Connect, Inc.
QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED acquired StockProfile.com. In April 2014, the Company entered into an agreement to acquire Emerald Med Farms, LLC; a California based medical marijuana company. www.emeraldmedfarms.com QED's business model helps to achieve its goals by expanding its overall revenue and profits potential through multiple market segments. www.qedconnect.com
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) competitive factors and developments beyond the Company's control; and (iv) other risk factors.
For more information contact:
Tom Makmann
Tel: (603) 425-8933
Fax: (561) 764-6180
Email: info@qedconnect.com
Copyright © 2014 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
QED Connect, Inc. Acquires Medical Marijuana Company: Emerald Med Farms
Apr 29, 2014
OTC Disclosure & News Service
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QED Connect, Inc. Acquires Medical Marijuana Company: Emerald Med Farms
MANCHESTER, NH--(Marketwired - Apr 29, 2014) - Management of QED Connect, Inc. (OTC Pink: QEDN) (PINKSHEETS: QEDN) today announced the acquisition of Emerald Med Farms, LLC, a California based medical marijuana company. The company will be a wholly owned subsidiary of QED Connect, Inc.
Emerald Med Farms is a newly launched enterprise that cultivates, harvests cannabis for the medical marijuana industry with a business philosophy to be the "Cannabis Purveyors of the Highest Quality". They have developed an exceptional methodology of employing a continuous sterile environment during all stages of operations to ensure that the product maintains the upmost quality and purity. Their facilities will be state-of-the-art utilizing multi-state proven methods to produce the highest of quality medical cannabis. Emerald Med Farms management and key personnel have a successful track record including a Master Grower with over 27 years of experience in California with both inside and outside growing for all styles of plant and vegetation. The company has also built a strong network of industry professionals ranging from research facilities to individual scientist from around the globe to support their endeavors. The Company operations are in full compliance to the medical marijuana California Co-Operative. The Co-Op maintains a roster of registered patients under "right to grow" which defines the number of plants per patient per script.
After extensive research by its founders, it was determined that the best locations for the company to conduct its business was Mendocino County California not far from the Russian River's prime growing region. Mendocino County has a wide range of mesoclimates (the distinct climate conditions of a specific area, specifically as experienced by a vineyard site) that are influenced by the county's diversity in climatic and geography. The region is rich in agriculture history to include nearly 40 wineries, and is ideal for Emerald Med Farms to grow cannabis. The Company is finalizing its arrangements for the primary operations site (growing, harvest, drying, production of products) on 300 acres that are unique as it has extensive natural spring fed wells. This is a key element in producing high quality harvests.
The Company is currently in production of its first phase of its development plan. They began its operations early this year to be in position to benefit from a full year growing season. The products are distributed through a Cooperative of California medical dispensaries. Please see the company's web site for additional information: www.emeraldmedfarms.com
Medical uses of marijuana has an extensive history dating back about 10,000 years ago. Cannabis is one of the 50 "fundamental" herbs in traditional Chinese medicine. It is rumored that Thomas Jefferson traded marijuana blends with George Washington and the other founding fathers and both Jefferson and Washington traded seeds and plants with other farmers on a regular basis. In the 1970s, a synthetic version of THC was produced and approved for use in the United States as the drug Marinol.
The legalization of marijuana for both medical and recreational uses has expanded in the last few years and the growth rate of the U.S. cannabis industry almost doubling year over year, according to the latest industry report (ArcView Market Research). Legal marijuana sales in the U.S. will top $2.3 billion in 2014, up 64 percent from 2013 $1.4 billion and is projected to reach $10.2 billion by 2018. Currently there are 21 states and Washington DC that have legalized the use of medical marijuana.
Tom Makmann, President and CEO of QED Connect commented, "We are very excited to be entering into the medical marijuana market place. The utilization of the cannabis or specific cannabinoids as herbal therapy to treat disease or alleviate symptoms is experiencing high levels of acceptance. With the acquisition of Emerald Farms, QED believes it is well positioned to become a leading supplier in this high growth market and expects to be producing income within six (6) months of operations."
Steven Amato, Sr., General Manger and VP Operations of Emerald Med Farms, added, "We have been working on our business plan for the last few years beginning with finding an ideal location for the farm. The relationships that we have developed will allow us to continue to provide the latest strains and implement improved techniques to keep Emerald Med Farms as a leading provider. By joining QED, we are well positioned to realize our plan and expect to see the results of our initial planting by the middle of this year."
Under the terms of the agreement Emerald Med Farms will continue to operate as an independent organization under the current management as a wholly owned subsidiary of QED Connect. Emerald Med Farms will receive 10,000,000 shares (restricted stock) of QED Connect. Additional information of the terms of the transaction will be released in the corporate flings.
About QED Connect, Inc.
QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED primarily focuses on businesses that are producing revenue and that can expand into additional markets or sectors. QED looks beyond current conditions such as underperformance of an existing asset due to inadequate capital, limited development expertise or a lack of strategic vision, and is able to recognize short and long-term asset potential and opportunities to add value. This business model achieves the Company's goals while expanding its overall revenue and profits and diversifies through entry into the multiple market segments. By helping its partners and subsidiaries realize success the resulting growth, enhances QED's ability to increase shareholder value. www.qedconnect.com
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) close the above acquisitions; (iv) competitive factors and developments beyond the Company's control; and (v) other risk factors.
For more information contact:
Tom Makmann
Tel: (603) 425-8933
Fax: (561) 764-6180
Email: info@qedconnect.com
Copyright © 2014 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
QED Connect Inc. Provides Update to AFON 2010 Ltd. Acquisition
Jan 15, 2014
OTC Disclosure & News Service
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QED Connect Inc. Provides Update to AFON 2010 Ltd. Acquisition
16,357 Metric Thousand Tons of Ukraine Oil Reserves
MANCHESTER, NH--(Marketwired - Jan 15, 2014) - Management of QED Connect, Inc. (OTC Pink: QEDN) today provided updates regarding the recent acquisition of AFON 2010, Ltd. by Energy Today, Inc. (OTC Pink: NRGT), a portfolio company of QED.
On January 2nd, Energy Today, Inc. filed a Form 8-K with the Securities and Exchange Commission disclosing its purchase of 100% of the equity interest in AFON 2010 Ltd. for 2,666,000 shares of Energy Today, Inc. AFON 2010 Ltd. was formed in the Ukraine as an oil and gas company to hold oil and gas leases in western Ukraine. These concessions are located within the South Terenyans'ka area in the Nadvirnyans'ky district of Ivano-Frankivs'k region 5 km northeast from the village of Kosmach.
The Western Ukrainian Geophysical Prospecting Expedition (WUGRE), an independent oil and gas consulting firm, performed the Geological Survey on AFON 2010's leases. A team of seven Geologists concluded that the concession is viable and should be prepared for deep well drilling. The WUGRE was set up in 1948 as the basis of State Geophysical Company "Ukrheofizyka" for assisting in expanding oil and gas survey works in the western region of Ukraine and Moldavia. They have completed over 150,000 running kilometers of seismic profiles.
The survey by WUGRE on AFON 2010's leases determined that the concessions have proven and probable reserves of 16,357 thousand metric tons. The characteristics of subsoil report validates that the reserves can be classified as Category 3 (proven and probable).
According to the Society of Petroleum Engineers (SPE), 1 ton of oil equals 7.33 barrels of oil. This means that AFON 2010's total of 16,357 thousand tons of reserves equals 119,896,810 barrels of proven and probable reserves. The SPE and the World Petroleum Council (WPC, formerly World Petroleum Congresses), define proven reserves as having an over 90% chance of being recoverable with probable reserves having a minimum of 50% chance of being present.
AFON 2010 Ltd.'s Special Permit for the use of subsoil for its property leases was approved by the State Department of Ecology and Natural Resources in Ivano-Frankivs'k region of 14.12.2005/ecological card number 293/; Ivano-Frankivs'k Regional Council -- 15.03.2001 number 14-194/112/313; Ministry of Energy -- 04.02.2010 number 08/31-189/1 for a period of 5 years.
Additional information and supporting documentation of the acquisition can be found at the Company's website under the Natural Resources section:
www.qedconnect.com/about-us/natural-resources/
Tom Makmann, President and CEO commented, "We believe that the acquisition of AFON has the possibility to provide QED and its portfolio company, Energy Today, substantial value. The spot price of crude oil is over $90 a barrel and upon completing the funding and development of the concession, the resulting income should offer the shareholders increased value."
QED recently updated its financials and obtained OTC Current Information Status.
In response to several shareholder inquires, the Company does not have any current plans for a reverse.
About QED Connect, Inc.
QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED primarily focuses on businesses that are producing revenue and that can expand into additional markets or sectors. QED looks beyond current conditions such as underperformance of an existing asset due to inadequate capital, limited development expertise or a lack of strategic vision, and is able to recognize short and long-term asset potential and opportunities to add value. This business model achieves the Company's goals while expanding its overall revenue and profits and diversifies through entry into the multiple market segments. By helping its partners and subsidiaries realize success the resulting growth, enhances QED's ability to increase shareholder value. www.qedconnect.com
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) close the above acquisitions; (iv) competitive factors and developments beyond the Company's control; and (v) other risk factors.
For more information contact
Tom Makmann
(603) 425-8933
info@qedconnect.com
Copyright © 2014 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
QED Connect Inc. Update
Jan 02, 2014
OTC Disclosure & News Service
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QED Connect Inc. Update
Energy Today, Inc. Completes Acquisition of AFON (Ukraine Oil & Gas)
MANCHESTER, NH--(Marketwired - Jan 2, 2014) - Management of QED Connect, Inc. (OTC Pink: QEDN) today announced that its oil and gas portfolio company, Energy Today Inc., has completed the acquisition of AFON 2010, its first oil and gas investment.
AFON 2010 Ltd. is a Ukraine-based oil and gas company with concessions to oil and gas leases in western Ukraine. AFON 2010's concessions lie in the South Terenyans'ka area in the Nadvirnyans'ky district of Ivano-Frankivs'k region 5 km northeast from the village of Kosmach. Western Ukrainian Geophysical Prospecting Expedition, an independent oil and gas consulting firm, performed a survey on AFON 2010's leases and determined that the AFON's concessions have the potential to produce 119,000,000 barrels of oil.
During 2013, QED completed its acquisition of a control block of the outstanding common stock of Yellow7, Inc., changed the name, and completed a restructuring of the cap structure. The resulting corporation, Energy Today, Inc., is focused on the oil and gas industry. Energy Today is the process of acquiring other oil and gas companies assets in Western Siberia, Kalmykia, and West Texas. QED owns approximately 22% of the common stock of Energy Today.
Tom Makmann, CEO and President, stated, "For 2014, the Company will continue its plans to focus on acquisitions, strategic partnerships and joint ventures. We focus on acquiring companies with established businesses and good financial performance. The Company is reviewing several opportunities and hopes to make additional acquisitions by the second quarter of 2014."
Management is pleased to provide the following information regarding transactions that QED has completed or are in process:
QED is evaluating an investment in a company that has developed video search technology for mobile phones. This technology will provide a simple 2-click solution for mobile users using a smartphone app and web-based service available for the iOS and Android platforms. This technology can "look" inside the video, analyze it, compress it, and deliver it in "real time" to the platform of choice. This technology will be introduced in China, with further launches to be evaluated. The technology is patented and is supported by the Chinese Academy of Science.
QED is exploring the possibility of using its StockProfile.com asset as a crowdfunding platform. The Securities and Exchange Commission has proposed rules regarding crowdfunding, which will allow retail investors to invest in small companies without the cost and burden of undertaking a registered public offering.
QED entered into a joint venture agreement a few years ago with Sofame Technologies Inc. Sofame Technologies engineers, manufactures and supplies 100% efficient condensing industrial water heaters as well as patented waste heat recovery systems for large boilers and turbines to blue chip companies, hospitals and universities. The joint venture company, Sofame Energy Inc., will have rights to distribute Sofame Technologies' products in the United States. www.sofame.com
Mr. Makmann added, "We are very excited about the prospects for 2014. We intend to build off of the groundwork that we have laid over the past couple of years in locating promising investment opportunities. Our progress has been slower than desired due to the combination of difficult economic times and lack of available funding; however, we are working on financing from various sources. Once sufficient capital is obtained, we believe that will be in a position to give our shareholders increased value from our investment and acquisition strategy."
About QED Connect, Inc.
QED Connect, Inc. is a holding company which makes acquisitions, investments, and enters into strategic business partnerships. The Company works with organizations that are looking for capital, management assistance, or help in reaching their target markets to realize their true potential. QED primarily focuses on businesses that are producing revenue and that can expand into additional markets or sectors. QED looks beyond current conditions such as underperformance of an existing asset due to inadequate capital, limited development expertise or a lack of strategic vision, and is able to recognize short and long-term asset potential and opportunities to add value. This business model achieves the Company's goals while expanding its overall revenue and profits and diversifies through entry into the multiple market segments. By helping its partners and subsidiaries realize success the resulting growth, enhances QED's ability to increase shareholder value. www.qedconnect.com
Safe Harbor Statement
Certain statements in this press release that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be identified by the use of words such as "anticipate," "believe," "expect," "future," "may," "will," "would," "should," "plan," "projected," "intend," and similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of QED to be materially different from those expressed or implied by such forward-looking statements. QED's future operating results are dependent upon many factors, including but not limited to the Company's ability to: (i) obtain sufficient capital or a strategic business arrangement to fund its expansion plans; (ii) build the management infrastructure necessary to support the growth of its business; (iii) close the above acquisitions; (iv) competitive factors and developments beyond the Company's control; and (v) other risk factors.
For more information contact
Tom Makmann
(603) 425-8933
info@qedconnect.com
Copyright © 2014 Marketwired. All Rights Reserved
The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.
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