Carnegie Development Inc. (CDJM)

[War Shark]

Looks like Zalmy is a fan

Bidding some $ESCU 3.50 and will slap if I have to. Big time DD on this one

— Zalmy (@greatstockpicks) August 30, 2019

[TheLongD]

True this is very big

[ANTI-BAGHOLDER]

I hear ya, but some times when DD calls you have to get a nice position.

DD here is freaking impressive!

ESCU

[ANTI-BAGHOLDER]

CEO Sada Cumber was on C-span

https://www.c-span.org/person/?sadacumber

ESCU

[War Shark]

160K float, gonna be a beast!

[ANTI-BAGHOLDER]

New CEO just listed on website like 3 days ago.

Sada Cumber

[War Shark]

Item 5.03. Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

On June 5, 2019, the Company filed with the Secretary of State of Nevada a Certificate of Amendment to the Articles of Incorporation, which amended Article 1 to change the name of the Company to CARNEGIE DEVELOPMENT, INC. , effective July 1, 2019. A copy of the Certificate of Amendment is attached hereto as Exhibit 3.1. The Company previously converted to a Nevada corporation on May 6, 2013. Also, effective July 5, 2019, the Bylaws of the Company were amended and restated in full. A copy of the amended and restated Bylaws, effective July 5, 2019, is attached hereto as Exhibit 3.2.

https://www.otcmarkets.com/filing/html?id=13528392&guid=_A6IU6yJOrGL83h

[ANTI-BAGHOLDER]

Item 5.01. Changes in Control of Registrant



On June 18, 2019, Broadview Holdings, LLC, a Texas limited liability company (“ BHLLC ”), acquired (i) from Sohail Quraeshi (formerly, Director, President and Chief Executive Officer of the Company) 1,000 shares of Series A Preferred Stock, par value $0.001 per share, of the Company and (ii) from Escue Wind SL, a Spanish corporation controlled by Sohail Quraeshi, 40,000,000 shares of Common Stock, par value $0.00001 per share, of the Company in a private placement purchase transaction, all for a total consideration of $135,000. The 40,000,000 shares of Common Stock acquired represent over 90% of the outstanding Common Stock. The Series A Preferred Stock is entitled to no dividends, no liquidation preference and is not currently convertible into shares of Common Stock but is entitled to a number of votes which shall equal 75% of all eligible votes on all matters on which Common Stock is entitled to vote. By virtue of such transaction, a deemed change in control of the Company occurred on June 18, 2019. The amount of consideration utilized on behalf of BHLLC to acquire such positions was from the working capital funds of BHLLC. Control was assumed from Escue Wind SL and Sohail Quraeshi.

ESCU

[TheLongD]

Just having Carnegie I want to buy. Too bad majority of funds are in dcgd

[ANTI-BAGHOLDER]

$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...

[TheLongD]

Gotta get in on this

[ANTI-BAGHOLDER]

Look at these numbers! Website is full of information



ESCU

[War Shark]

The 8K "change[s] the name of the Company to CARNEGIE DEVELOPMENT, INC." https://www.otcmarkets.com/filing/html?id=13528392&guid=naFIU6fOuPL0R3h

And, here is Carnegie's website https://www.carnegiedevelopment.net

[War Shark]

160K float, she's gonna fly!

[ANTI-BAGHOLDER]

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

[ANTI-BAGHOLDER]

What do you find interesting on this link exactly?

[Quintessence]

No different than for other OTC symbols. But notice that is also says "Quotes are not supported for this symbol" for symbols not listed on NASDAQ.

[stockyupydowny]

DD is solid here

[shipwithoutarudder]

Found this to be quite interesting, never would've thought but here's the link, https://www.nasdaq.com/symbol/escu

[shipwithoutarudder]

A few shares being traded this morning, will be really nice when the volume comes!

[War Shark]

Good morning $ESCU!

[MadeBucksOnThis]

A little bit of the news leaked out today, but all of what came out today was public info, so much more to come that has not been made public yet. Now that the clock has started I'm sure it won't be long.

MBOT

[ANTI-BAGHOLDER]

Nice to see you here. The DD is pretty substantial, should be a big mover.

ESCU

[War Shark]

Took some. I like the story, 160K float. The control block alone is 40M shares of the OS. Read the filings. https://www.otcmarkets.com/stock/ESCU/disclosure

[shipwithoutarudder]

I have to agree, been here before with several other tickers in the past, IDCC which is now IDC, NCDI, OMM, those were the good old days!

[Calvin Hobbes]

TINY FLOAT HOLD TIGHT .. BIG CASH TO BE MADE. not just a few hundred bucks either.


OTCX trying to short lets make his ass cover hard.

[ANTI-BAGHOLDER]

EXACTLY! ESCU

[shipwithoutarudder]

You say "Monster upside" and I agree! I really believe this could hit $20/sh quite soon, I mentioned $6/sh in an earlier post, that was meant for a short time frame, inside of a month. I believe $20/sh could come by the end of the year!

[Calvin Hobbes]

Wait till the news hits. No one really knows about this stock yet..

Were talking billions in assets..


less than a milli float
..

[shipwithoutarudder]

Looking good right now, just hit $4.25/sh. I may have to start looking for an exit point somewhere along the line!

[ANTI-BAGHOLDER]

Some monster upside. $ESCU

[shipwithoutarudder]

Looks like holding ESCU all this time is going to pay off, looking real good at the moment, expect $6/sh fairly soon!

[ANTI-BAGHOLDER]

ESCU going viral. Can only keep big DD down for so long. :)

[ANTI-BAGHOLDER]

Couple more smacks and we lock up this tiny float.

ESCU

[ANTI-BAGHOLDER]

Nice smack. Cleared out the resistance below $2.

ESCU

[ANTI-BAGHOLDER]

I am of course interested, but I always like to keep it all public. If you can find it on the net it is public information. No reason to keep it to your self. IMO

Thanks.

ESCU

[ANTI-BAGHOLDER]

Ok. Sounds good

[ANTI-BAGHOLDER]

Got it, but it you post the details. You found it you can post it.

[ANTI-BAGHOLDER]

Is it just web pages that aren’t public yet?

ESCU

[ANTI-BAGHOLDER]

That’s fine. I see a new CEO listed that has BIG BIG BIG connections.

Question is, when do they announce the new CEO?

[ANTI-BAGHOLDER]

I agree 100%. Looking forward to what is coming here.

ESCU

[Calvin Hobbes]

I sure did. This is way undervalued here. Big money will come and give us big run to like 10 bucks a share or higher.

[ANTI-BAGHOLDER]

Did you see the updated CEO listed on the website???


ESCU

[Calvin Hobbes]

EXACTLY. This was before MERGER. Look at DATE... This will rocket. First PR sends us.. I expect that sooner than later.

[ANTI-BAGHOLDER]

Some big updates to the company website. Some big hitters have joined the board of directors.Including new CEO Sada Cumber

https://www.carnegiedevelopment.net/copy-of-major-share-holders





ESCU

[ANTI-BAGHOLDER]

Getting some volume. With a float in the 200k range we should be seeing a nice run here coming...

[Calvin Hobbes]

$ESCU
8k Change of control 07/05/2019, 40,000,000 shares of Common for $135,000. represents over 90% of the outstandinghttps://t.co/aGJ2YWaE0Fhttps://t.co/7RDTcwglNS

$ Massive investment history: $2.5 Billion +

$ Lengthy COMPL. & ongoing projects

$ Resorts & Multi Family pic.twitter.com/m7ac3hyuM0

— Connected.algo (@UCitnow) August 12, 2019

[ANTI-BAGHOLDER]

ESCU New Ceo Eric Reehl, is also the CFO of JMJ developments. Pretty impressive history.

[ANTI-BAGHOLDER]

Yes. But you have to realize merger didn’t happen until after 07/01. Carnidge assets etc wouldnt be in this filing.

And also you should research what an accumulated deficit is. It’s actually a good thing and can be used as tax write offs against revenues.


Shell is pretty damn clean.


Look at Carnegie assets:

https://www.carnegiehomesusa.com/communities

[CrazyC]

Read the 10-Q for June 30, 2019...

$84 in total current assets and zero revenues... This shell was bought back in June for just $135,000...

https://www.sec.gov/Archives/edgar/data/1024095/000147793219003920/cdi_8k.htm

Item 5.01. Changes in Control of Registrant

On June 18, 2019, Broadview Holdings, LLC, a Texas limited liability company (“BHLLC”), acquired (i) from Sohail Quraeshi (formerly, Director, President and Chief Executive Officer of the Company) 1,000 shares of Series A Preferred Stock, par value $0.001 per share, of the Company and (ii) from Escue Wind SL, a Spanish corporation controlled by Sohail Quraeshi, 40,000,000 shares of Common Stock, par value $0.00001 per share, of the Company in a private placement purchase transaction, all for a total consideration of $135,000. The 40,000,000 shares of Common Stock acquired represent over 90% of the outstanding Common Stock. The Series A Preferred Stock is entitled to no dividends, no liquidation preference and is not currently convertible into shares of Common Stock but is entitled to a number of votes which shall equal 75% of all eligible votes on all matters on which Common Stock is entitled to vote. By virtue of such transaction, a deemed change in control of the Company occurred on June 18, 2019. The amount of consideration utilized on behalf of BHLLC to acquire such positions was from the working capital funds of BHLLC. Control was assumed from Escue Wind SL and Sohail Quraeshi.

https://www.sec.gov/Archives/edgar/data/1024095/000147793219005097/cdi_10q.htm

The Company has an accumulated deficit of $3,541,622 as on the reporting date and there was no revenue since inception.

The Company is currently in the process of acquiring three special purpose entities in Texas and is also seeking debt or equity financing to fund its development plan although no financing arrangements are currently in place and the Company can provide no assurance that financing will be available on acceptable terms. However, the management believes that the actions for (a) obtaining the additional funds and (b) implementing its strategic plans, provide the opportunity for the Company to continue as a going concern.