Carnegie Development Inc. (CDJM)

[BigBuy57]

I have answered this before. The S1 filing requires audited financials for two prior years. That's 2013 and 2014. The auditors went back to 2006 to make sure that the transaction history was correct.

The Quraeshis also had them audit 2012 to satisfy the anticipated request of funds who require 3 years of audited financials before they will invest.

Note that the Quraeshi team paid for the accounting work, auditor, independent appraiser and securities attorneys out of their own pocket. I'm sure that was between $50k and $100k.