Carnegie Development Inc. (CDJM)

[BigBuy57]

EDWY, the public corporation, changed its name, secured a new management team, and recapitalized its assets. When that happens the company continues to carry its history forward.

The SEC will generally reply to the S1 with their comments in about 3 weeks. ESCU will submit the required clarifications (generally there are a few) and then the SEC will reply a second time. The process will continue until the SEC is comfortable. Then it will provide its approval and ESCU will be able to move forward with its funding, pursuing up-listing, etc.

The valuation is not in question as it relates to the SEC. It's incorporated into the certified audit submitted by the auditor as a part of the S1. If you want to know who provided the valuation, call ESCU and I'm sure they will tell you. It's not a big secret.

Regarding Kimmons, he was NEVER paid $700,000 or anything close to it. If that had occured, it would have been incorporated into the audited financials. Kimmons has been exonerated. There are NO DARK SECRETS.

Kimmons is no longer a part of ESCU. He's not a Control Person or an affiliate. If he was, his name would have been included in the S1. Kimmons is gone.