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Just had a conversation with the Secretary, anyone selling at this juncture has to be completely nuts. Announcements coming by the end of the month CUSIP and Name Change coming also. The announcement will be from JMJ Tim Barton as a Major Shareholder, they will also do a forward split sometime.
I was hoping to get 40,000 shares. But I would be chasing the ASK all the way up to $50.
Thanks buddy for the info via PMs.
$ESCU
Imho
hi all, took a starter position. Thanks to FightingBack and Crudeoil24 for the heads up.
Float is extremely tight, and Carnegie is going to take the PPS to a whole new level. Forward split appears to be a almost certainty to allow enough liquidity in the market.
$ESCU
Imho of course.
ESCU is a great $$$$$ opportunity.
CARNEGIE DEVELOPMENT INC. ESCU filed an 8k reverse merger on 07/05
8k
https://www.otcmarkets.com/filing/html?id=13528392&guid=
Then filed up to date SEC filings on 08/22.
10k
https://www.otcmarkets.com/filing/html?id=13607639&guid=zEFIUnONFgVIgth
10Q’s on 08/22
https://www.otcmarkets.com/filing/html?id=13607641&guid=zEFIUnONFgVIgth
https://www.otcmarkets.com/filing/html?id=13607645&guid=zEFIUnONFgVIgth
The only way is to slap the ask and sit at 9.00 you could get lucky with at least 500 shares, otherwise with a non dilutive market maker no chance, no how, no way.
That bids a building. :)
ESCU
The signature on the filing is the Secretary, matches the secretary from the website under the link of Governance corporate board members.
MURUGAN VENKAT
SECRETARY
?
Mr. Venkat received his PHD. in Finance from the University of Madras, India. He is also a chartered accountant in India. He started his career as an Associate Professor at IFMR, Chennai. Before moving to the United States, his past experience includes;
(a) the CEO in the construction industry for 9 years,
(b) as the Chief Accountant in a Sugar Factory for 3 years, and
(c) as the Controller of an airline company in India for 3 years.
In South Florida, he worked as a corporate controller for a manufacturing company for 10 years
Thanks!!! My head is where it needs to be, focused on the prize, not deal with daily fluctuations. This is what I call the stumbled on something huge.
You want a good size position hit above the ask for 1000 shares at $9.00 you should get about 500-700 shares if you get lucky, that's the only way it's going to work. This is not the time to bid sit cause name change can happen anytime, heck they might go to Nasdaq right off the bat, in a few months 4 months at the most.
Love where your head is at. Seems we have stumbled upon a huge merger. ESCU
Just look at KB homes market cap. Let that sink in, plus these guys are into commercial multi purpose too, they will get larger by market cap compared to KB homes in due time. This is one of the largest privately held company in the US. If you call the number on the website, they have a investor relations department, which means not private anymore, you need to look at the DD that has been presented on the board and connect the dots, the address listed on the website matches the 8K filed. No brainer, once the general public finds out the more about this merger, 20 dollars will come and go so fast it will make your head spin. We should soon "Penny Stock Exempt".
https://finance.yahoo.com/quote/KBH?p=KBHhttps://finance.yahoo.com/quote/KBH?p=KBH
https://www.otcmarkets.com/filing/html?id=13528392&guid=vtkfU6voyJKG73h
This is no joke. Pees are finally catching on to how big Carnegie Development really is.
https://www.carnegiedevelopment.net
ESCU
After 20 dollars this will move in $5.00 increments, much like when WINS was trading a few years back, WINS is a real estate finance company, from 25 dollar when as high as 300-400 dollars in it's infancy days and they didn't have a fraction of what this companies assets alone are worth. Forward split coming, that forward split announcement will make this jump to 200 dollars in 3 days alone. Let that sink in
Agreed, price correction in progress.
ESCU
Yes for OTC standards it is big. Bid sitting won't work here at this juncture, maybe at 10 dollar it works but here no way, no how, unless of course impatient sells and moves on.
It is a big bid relative too how this trades however.
ESCU
$ESCU i don't think anyone realizes whats happening here...
- Shell taken over by Carnegie Development (JMJ)
- Company has $2.5Bill in assests
- Company has another $1.6 Bill in pipeline
- Company has about $500mill being developed right now.....
- Company has only 160k float...
$8.40’s getting hit now ESCU
That is not huge bid at all. Huge bid is when there is 2-3 thousand shares sitting on the bid. Much like you see on the big boards where I trade. EL*TK had a bid 430,000 dollars at $7.00 on Friday after market closed, that is what you call a big bid. This stock right here will make SECI look like Childs Play in a legitimate way. Should be worth well North of 2 billion market cap.
Bid sitter needs to move to $7.00 maybe get lucky with a couple hundred shares, you want a decent size have to slap above the ask.
This is revving up big time. ESCU
Next in line is the name change and could forward split sometime soon after that or even before. 160,000 float needs a forward split to entice institutional investment.
It is very hard to get filled even if you slap the ask it takes a while to get filled.
I can only buy a few at a time...chasing the ASK.
Stairway to Heaven....
ESCU is a great $$$$$ opportunity.
Buying a few shares on the ASK. Little at a time.
Wouldn’t take much to get there. Float is being locked up. :)
ESCU
May see $10.00+ today!
$6k snack at $6. ESCU
Carnegie Development is in the process of acquiring
three special purpose entities
with a total net worth exceeding
$10M
https://www.carnegiedevelopment.net/
ESCU
Same here. DD is pretty amazing, and have no problem watching this story unfold.
ESCU
Thanks for pointing that out. I am just holding long and waiting patiently. Lee D's DD is superb as always. This 160K float can go to hundreds of dollars in a flash. https://twitter.com/ldev117
Everyone wants a piece of this
Nice hits end of day. ESCU
Can move to the $7’s very quickly. :)
Eyeballs to screen on this one...
...holy mackerel :)
It’s all very intriguing here... ESCU
$ESCU This is super intriguing! Digging into DD...
$ESCU 160K float, $2.5 Billion In Developed Assets , $1.6 Billion Projects in Pipeline , $498 Million Projects in Development! https://www.carnegiedevelopment.net
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We're an innovative Real Estate Investment company providing strategic growth to our shareholders, and support for our stakeholders through high-level leadership and collaboration with partners world wide.
Our success is driven through our singular focus on one high-growth sector: Real Estate Development.
We provide financial resources, governance, high-level management and operational expertise.
Through leading-edge architecture, innovation and proven business acumen, we commit to world-class excellence in all our projects and investments.
Seek opportunities in the best markets. With many decades of experience, our leadership team continues to identify remarkable opportunities in real estate and promising new technologies suitable for its market share.
Generate steady growth with the proven and secure platform of real estate development.
Draw on the strength of our international culture of integrity and leadership in creating a better lifestyle for our residential communities.
Carnegie Development partners and invests in long term value that enhances communities and generates wealth. With a strategic balance in ownership and operations of four major real estate sectors, Carnegie Development has projects and holdings in the sectors of Ultra Luxury Hospitality, Multifamily and Single Family developments, and horizontal development of Raw Land.
We acquire high quality assets on a value basis and drive investment performance through dynamic and innovative operations. With a track record of developing and acquiring real estate in the best performing U.S. markets, we’re able to deliver risk-adjusted returns to shareholders. Our leadership position is embedded in building value for the long term.
https://www.carnegie-development.com/
I am pleased to provide some news of recent activities at Carnegie Development.
Carnegie Development is current and up to date with required filings to the government agencies. Most importantly, we have removed our stop sign and now have a yield sign which will be removed in the coming weeks.
And now, we are very excited to announce that Carnegie Development has acquired six new entities which are all Multi Family development projects.
Those developments will get underway in the new year. This will afford Carnegie the benefits and profits that come with the development as well as the long-term cash flow revenue once completed.
The great part of our plan in these projects, is getting the cash flow will be much quicker than what is typical for other companies who buy existing projects from developers and then sell them to the investment companies for a high premium. Our strategy of being the developer is a big benefit to Carnegie Development because it allows for us to start at the base point with efficient access to the cash flow.
Dallas continues to be great for business. California and New York are experiencing a rapid contraction in their populations meanwhile a tremendous influx of people are moving to Dallas. This is driving up the residential demand on single family and multifamily housing.
More acquisitions are on the horizon. The next round of acquisitions will be focused on single family lots for home builders to buy, build houses and sell them to incoming buyers. Dallas is experiencing the highest percentage of growth in the United States and with our existing relationships in the Texas marketplace, we are poised to take advantage of that.
Furthermore, Dallas is experiencing a huge demand for the build-to-rent business. Carnegie development is expanding into this market where we build brand new homes and rent them out. The business model and cash flow is similar to the multi family, but the benefit of the single-family business is the cash flow begins as soon as the home is built.
We hope you continue to watch and listen for updates and we look forward to your participation in Carnegie Development.
Thank you very much.
Sincerely,
800-345-8561 phone
775-505-2642 fax
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