I downloaded a project developed by Apple employees ( who taught course at Stanford on iPhone application development). Strangely , the frameworks are red.
http://im
@Taimur Hamza - Its happen (red color) following any one of reason,
Your downloaded project may be miss some required files
Before run the application at first time.
so, first you have to find that above reason is happen and try to solve via copy the framework from another running project and paste it your project.