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QED Connect Inc. to Acquire Cruz EATS, Inc.

Thursday, 05 November 2015 09:49 AM

QED Connect, Inc.

MANCHESTER, NH / ACCESSWIRE / November 5, 2015 / Management of QED Connect Inc. (OTC Pink: QEDN) today announced it has entered into an agreement to acquire Cruz EATS, Inc., a Southern California based corporation that manufactures and markets an energy bar. The acquisition is in the form of a stock-for-stock transaction.

Founded in 2012, the Cruzbar started with the simple philosophy of creating Gluten Free energy bars that tastes great and fuels the body with healthy nutrients. Cruz has come up with his own recipe in collaboration with the legendary Southern California bakery, Rossmoor Pastries. Using top shelf ingredients, the Original Cruzbar is made with just the right combination of gluten free oats, sesame seeds, honey, cranberries, raisins, sliced almonds, semi-sweet chocolate chips, & coconut for a taste superior to other bars. The Cruzbar is currently marketed thru the Company's website and to various retail outlets that specialize in athletic equipment and are being used in several professional teams' clubhouses. The Cruzbar recently developed two new flavors to complement their original, Seal Salt Caramel and Peanut Butter. www.thecruzbar.com

The Company's founder, Antonio Cruz, is a former U.S. Olympian in road cycling and has been a cyclist for more than 25 years. As his career progressed so did Cruz's understanding of proper nutrition and the energy benefits associated in recognizing proper nutrition is just as important as the hard work. In 1999 he scored his first National Championship and soon after Cruz went on to become a top ranked pro and raced for the U.S. at the 2000 Olympic Games in Sydney, Australia. From 2000 to 2009 Cruz raced in the world's most elite cycling events while on premier cycling teams like: U.S. Postal Service, Discovery Channel and BMC. In 2007 Cruz was a member of the 2007 Giro d' Italia winning team and the 2007 Tour of California winning team.

The Sacha Inchi seeds that QED markets from Colombia will make an attractive additive to the bar as it is considered one of the new "superfoods" due to its high content of alpha linoleic acid Omega 3 (48 %) and low contents of saturated fatty acids (6%). It is also an anti-inflammatory product with high concentration of Vitamin A, Vitamin E and a great source of protein (30%).

Mr. Antonio Cruz, President of Cruz EATS, Inc., commented, "We are very excited to be part of QED as they expand their healthy food offerings. In addition to our current bar, we believe by adding the Sacha Inchi nut we will have a unique product that will give our customers an added edge."

Mr. Tom Makmann, Chairman and CEO of QED Connect, Inc., stated, "We are very pleased to be adding the Cruzbar to our portfolio of companies. With this acquisition, QED is positioned with the exciting potential of the healthy food offerings of Sacha Inchi seeds and the energy bar products. The Company has been developing its business strategy over the last several months and believes we are now structured to be able to realize increased income and provide improved shareholder value."

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. In June of 2015, QED Connect, Inc. acquired Oro Verde Inc. (formally known as Green M&A Solutions) a private US company that owns Green Mine Solutions, a Colombian company with active gold mining operations in the Nordeste subregion of the Antioquia Department and is actively helping the farmers to convert their fields of illegal Coca crops to the Sacha Inchi Seed. www.oroverdeinc.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: (541) 764-6180
Email: [email protected]

SOURCE: QED Connect Inc.

Topic:
Mergers and Acquisitions
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