Carnegie Development Inc. (CDJM)

[S-BEES-BUMBLEBEE]

** Private investors issued seven year warrants to purchase 30,000,000 common shares at an exercise price of $0.10 per share.

~ In addition, M Power periodically issues warrants to purchase common stock as an incentive, as compensation for services or settlement of debt to officers, directors, employees, and consultants.
~ M Power has warrants outstanding to purchase 46,666,667 shares that were issued in connection with financing transactions. All of these warrants are currently exercisable. These warrants have an exercise price of $0.10 and expire in 2009.

** This means that they feel that .10 cents is a discount and fair price to pay for shares of MPWE at some point in the future considering MPWE implement their business plan as it appears they are doing.

** This means that for MPWE to give their employees warrants to purchase shares at .10 per share for their services rendered is a huge sign of support that their employees must be very confident in the future of MPWE. The best thing to do to help see the possible magnitude of something like this is to ask yourself: What would you have to know to feel confident that such a deal to purchase shares at .10 per share was presented to you as a discount?