QED Connect Inc. BOD Approves 40% Reduction of Authorized Shares
2014年6月2日 - 11:40PM
Marketwired
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
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