Business
Inca Worldwide (OTC Pink: QEDN) announces the green light to start with the PNUD in January 2018
Inca Worldwide (OTC Pink: QEDN) announces the green light to start with the PNUD in January 2018.
About this update from Qed Connect, Inc.
[{"type":"text","content":"\n\n TURBO, ANTIOQUIA, Colombia, Dec. 29, 2017 (GLOBE NEWSWIRE) -- Inca Worldwide (OTC Pink:QEDN), GMS and Fungestores got the green light to start with the PNUD (http://www.co.undp.org/) by the end of January 2018. The project will be funded by the government of Colombia. \n The initial budget that Fungestores has proposed to the PNUD is $1,430,746,100 Colombian Pesos or $476,915 USD to establish two pilots, one in Guaviare and one in Putumayo, two of the most important states or departamentos in Colombia that required crop substitution. The project in Guaviare will require GMS and Fungestores to work directly with Farc, “Armando Ríos” del Frente 1. The government of Colombia has allocated $19,000,000 Colombian pesos or $6,333 USD per family to do crop substitution. The project will have required Fungestores and GMS to complete the establishment of the first 200 hectares in Guaviare and 200 hectares in Putumayo in 4 months. After this stage is completed we can expand to Taraza Antioquia, which has 4,000 farmers that are already signed up, and then to a good portion of the 96,000 hectares of Coca leaves that are concentrated in Putumayo, Guaviare, Nariño and Norte de Santander. Kate Bahnsen, CEO of Inca Worldwide, states: “This is a very big milestone for our project. Working directly with the PNUD and having a project funded directly by the government, show the support of the government and the commitment of the government to do substitution of Coca leaves with Sacha Inchi.” Contact information: [email protected] About Inca WorldwideOur Inca Seeds (Roasted Sacha Inchi) contain a complete protein with all nine essential amino acids, and they are rich in Omega 3, 6, and 9 antioxidants—a real Superfood! www.incaworldwide.com Caution Concerning Forward-Looking Statements:Our public communications and SEC filings may contain \"forward-looking statements\" – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance and financial condition, and often contain words such as \"expect,\" \"anticipate,\" \"intend,\" \"plan,\" \"believe,\" \"seek,\" \"see,\" \"will,\" \"would,\" or \"target.\" Forward-looking statements by their nature address matters that are, to v...