Carnegie Development Inc. (CDJM)

[Meyerlane621]

They don't have any assets, just an agreement to issue a ton of shares in exchange for a couple of patents valued at $40 million. Who exactly valued these patents at $40 million?

On September 1, 2015, this company signed an agreement to purchase two patents, [a] US 6394745B1 of 28-MAY-2002 Wind Turbine; and Canada 2309850 of 2005/06/07 Wind Turbine, both are valued for a total value of $40 Million which consideration is payable by share issuance for the same value, on or before November 30, 2015. The financial conditions are expected to change significantly with new projects to use Wind Turbines, based on these two patents.

I don't see a record of the purchase in the audit.