Carnegie Development Inc. (CDJM)

[Milesblue42]

2005-2011, 3 Reverse Splits, why?

On the one hand EDWY is a public company, meaning that is seeking funds from the public raise capital for their growth.....but when it start to wean itself off of selling shares to growth the company? When will EDWY start to generate revenue? Is Gary really motivated to generate revenue?

•Capital Change=shs decreased by 1 for 10 split. Effective date=4-3-02
•Capital Change=shs decreased by 1 for 200 split. Pay date=5-18-05
•Capital Change=shs decreased by 1 for 2000 split Pay date=09/04/2007.
•Capital Change=shs decreased by 1 for 1000 split. Pay date=10/27/2011.

What was happening between 5/18/2005 and 9/4/2007 that Reserve Splits were needed so soon?