Carnegie Development Inc. (CDJM)

[BigBuy57]

Gary Kimmons has not been involved with the company for several years. Kimmons resigned as CEO on August 15th, 2013.

He did not receive $700,000 as salary in 2014. On March 25, 2014 EDWY entered into a settlement agreement with Kimmons. 1,456,702, 076 common shares were issued to Kimmons based on the terms of an employment agreement entered into on the 1st day of January, 2012 between EDWY and Kimmons.

The shares issued were compensation-in-full for the outstanding amount owed of $713,784 for accrued and unpaid services rendered during the years prior to Kimmons resignation in 2013.