Carnegie Development Inc. (CDJM)

[Milesblue42]

***Does Escue Energy Inc have HUGE RED FLAGS?***

The United States Securites Exchange Commission's advice on Microcap companies like Escue Energy Inc(ESCU) formerly eDoorways(EDWY)

From reference books and commercial databases Visit your local public library or the nearest law or business school library. You'll find many reference materials containing information about companies. You can also access commercial databases for more information about the company's history, management, products or services, revenues, and credit ratings. The SEC cannot recommend or endorse any particular research firm, its personnel, or its products. But there are a number of commercial resources you may consult, including: Bloomberg, Dun & Bradstreet, Hoover's Profiles, Lexis-Nexis, and Standard & Poor's Corporate Profiles. Ask your librarian about additional resources.

https://www.sec.gov/investor/pubs/microcapstock.htm#Info

What if I Want to Invest in Microcap Stocks?

To invest wisely and avoid investment scams, research each investment opportunity thoroughly and ask questions. These simple steps can make the difference between profits and losses:

https://www.sec.gov/investor/pubs/microcapstock.htm#Info

The OffShore Scam Under a rule known as "Regulation S," companies do not have to register stock they sell outside the United States to foreign or "off-shore" investors. In the typical off-shore scam, an unscrupulous microcap company sells unregistered Reg S stock at a deep discount to fraudsters posing as foreign investors. These fraudsters then sell the stock to U.S. investors at inflated prices and share the resulting profits with company insiders. The flow of unregistered stock into the U.S. eventually causes the price to drop, leaving unsuspecting U.S. investors with losses.

Is this what Escue Energy Inc is doing with it's relationship with a Spanish company? Page 14 of the S-1 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11055219

CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS AND DIRECTOR INDEPENDENCE



Related Party Transactions



On September 1, 2015, the Company entered into a Patent Sale Agreement with Escue Wind S.L, a Spanish corporation (the "Seller), whereby the Company acquired certain United States and Canadian Patents for a "Straight-Bladed Vertical Axis Wind Turbine". The consideration paid by the Company to the Seller is 40,000,000 shares of the Company's common stock, with the total value of the transaction being $40,000,000.00. The Chief Executive Officer of the Seller is Sohail Quraeshi, who is also the Chief Executive Officer, President and a Director of the Company, Sohail Quraeshi is the record owner of Escue Wind S.L.

More United States Securities Exchange Commission advice

Also, watch out for these "red flags":


Assets Are Large But Revenues Are Small Microcap companies sometimes assign high values on their financial statements to assets that have nothing to do with their business. Find out whether there's a valid explanation for low revenues, especially when the company claims to have large assets.

Is this what Escue Energy is doing? Page F-9 of the 2015 S-1 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11055219

NOTE 15 - SUBSEQUENT EVENTS



The Company entered into a Patent Sale Agreement, dated September 1, 2015, with Escue Wind S.L., a Spanish corporation, having its principle place of business in Malaga, Spain (the "Seller"). Pursuant to the agreement the Company became obligated to issue an aggregate of 40,000,000 shares of the Company's Common Stock with a total value of $40,000,000. On or about October 12, 2015 the 40,000,000 shares were issued to the Seller and its nominees. As part of this patent sale, this opens the door for the Company to bring to the market patented game changing technology in the Wind Generating sector especially as it relates to Rural Electrification as per the Company's new business plan.

Also Escue Energy has ZERO Revenue Page F-28 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11055219

Revenue Recognition



The Company recognizes revenue on arrangements in accordance with ASC Topic 605-10-S99, Revenue Recognition-Overall-SEC Materials. Revenue is recognized only when the price is fixed or determinable, persuasive evidence of an arrangement exists, the service is performed, and collectability of the resulting receivable is reasonably assured. Since inception and until now, this company has not earned any revenue.

https://www.sec.gov/investor/pubs/microcapstock.htm#Info

Also, watch out for these "red flags":



Insiders Own Large Amounts of the Stock In many microcap fraud cases - especially "pump and dump" schemes - the company's officers and promoters own significant amounts of the stock. When one person or group controls most of the stock, they can more easily manipulate the stock's price at your expense. You can ask your broker or the company whether one person or group controls most of the company's stock, but if the company is the subject of a scam, you may not get an honest answer.

Is this what Escue Energy is doing? Page 14 http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=11055219

The consideration paid by the Company to the Seller is 40,000,000 shares of the Company's common stock, with the total value of the transaction being $40,000,000.00. The Chief Executive Officer of the Seller is Sohail Quraeshi, who is also the Chief Executive Officer, President and a Director of the Company, Sohail Quraeshi is the record owner of Escue Wind S.L.

Why is this information on the Escue Energy website?
http://escueenergy.com/technology/

We are invested in and hopeful of the speedy deployment of Escue Wind Turbines throughout Sindh Province.
Ali Arshad Hakeem, Chairman of the Sindh Board of Investment

Where does Ali Arshad Kakeem name appear outside of EscueEnergy.com connected to the Govt of Sindh Pakistan? I don't see it

Below is the link to the Board members

http://www.sbi.gos.pk/composition-of-board.php



Does the Escue Energy contain a lot of RED FLAGS?