Business
QED Connect Inc. completed the acquisition of 50% of FoodyTV!
QED Connect Inc. completed the acquisition of 50% of FoodyTV!.
About this update from Qed Connect, Inc.
[{"type":"text","content":"MEDELLIN, ANTIOQUIA, COLOMBIA, May 13, 2024 (QEDN.OTC) – QED Connect is proud to announce the final acquisition of 50% of Foody TV. On April 29, 2024 QED Connect (QEDN) and Foody TV signed an LOI to acquire 50% of Foody TV as an asset acquisition transaction. QED Connect and FoodyTV signed the asset acquisition agreement. FoodyTV is a trademark registered with its own FoodyTV app and more than 15.3K followers.Mr. Kennedy is now the new director of marketing of Media for FoodyTV and is working CEO of QED Connect Katharina (Kate) Nanny Bahnsen to develop a strategy to promote and educate consumers about our brand GMSacha Inchi. GMSachi Inchi products are made with a superfood called Sacha Inchi a seed rich in Omega 3,6,9, and a complete vegan protein with all essential 9 amino acids. Sacha Inchi has 29% protein which is higher than commercial animal protein. Mr. Kennedy will open new distribution channels via social media and Foody TV marketing. In a statement from the CEO of QED Connect QEDN - “ Prince dynamic and connections are essential to GMSacha Inchi brand to gain access to celebrities and top chefs to learn about our product and to start virtual classes on how to cook not only with GMSacha Inchi but amazonian fruits and where to buy our products in North America! “Prince stated “ I have work with many celebrities and chefs and they are all looking for new ingredients and to learn how to cook healthier. GMSacha Inchi is one of the ingredients that will bring a new flavor and dynamic to our FoodyTV show. We are also very excited to learn about Medellin landscape and why people are moving to Colombia.”A safe harbor for forward-looking statements is provided by the Private Securities Litigation Reform Act of 1995 (Reform Act of 1995). The Reform Act of 1995 was adopted to encourage such forward-looking statements without the threat of litigation, provided those statements are identified as forward-looking and are accompanied by meaningful cautionary statements identifying important factors that could cause the actual results to differ materially from those projected in the statement. Forward-looking statements have been and will be made in written documents and oral presentations of QED Connect (GMS) and its subsidiaries. Such statements are based on management beliefs, as well as assumptions made by and inform...