Carnegie Development Inc. (CDJM)

[JCT777]

Again!

Gary Kimmons
10/15/2012 10:07am

Here is where we are:

1. The audit. The auditor provided us with his final markups last night. Our accountant is making the adjustments. We will make a formal announcement when we are ready to release the audited financials via OTC Markets disclosure.

2. Removal of the "Yield" on OTC Markets. We are waiting for counsel to post a revised opinion letter. The "Yield" will be removed as soon as the opinion is posted and approved. Hopefully that will be today.

3. Status of our MVP. We are moving forward with development. In addition we are working to secure additional investment capital and we are negotiating to bring additional human resources to the effort. We are also reviewing proprietary technology (patents) that have been presented to us for possible application.

Maybe people decided to buy just before the close on a Friday because all this could have happened this week and most likely will now happen next week! Everyone was told!