October 27, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — QED Connect, Inc. (OTC: QEDN) said that it has completed 30% of a buyback program of QED's outstanding common stock that was previously approved by the firm’s board.

The buyback program, if fully completed, will reduce outstanding shares by around one billion and is scheduled to be completed during the calendar year.  

According to QED, consideration for this initial portion buyback was provided through a private investor.

New Hampshire-based QED Connect makes acquisitions, investments, and enters into strategic business partnerships.

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