Darrell Greco, currently in Pompano Beach, Florida was the true mastermind behind Guardian Securities, Morgan Franklin International (aka Morgan finch, Mitchell Finch).

He met Michael Shumak working for a legitimate firm in 1998 and has since used the name of Michael Shumak as a way to hide his fraudulent activities.

Darrell Greco cannot be trusted.

I truly hope that MR Greco does not continue to defraud the public, and that he will one day pay the price for using and tarnishing the names of good and honest people.

He has hidden behind my name for over ten years.

Enough is enough for the master of fraud, MR. Darrell Greco!

His father, Donald Greco was a good friend of mine and he we be disgusted at the actions of his son (half son—-which explains a lot!)

I am the real Michael Shumak. All these posts Re guardian securities were posted by DARRELL GRECO. He was the apparent registrant of Guardian securities and many other fraudulent companies. MR. Darrell Greco, has taken it upon himself to post numerous false statement about “Michael Shumak”….trying to shift the blame of his fraudulent activities away from himself.

Me. Darrell Greco is the lowest of the low. A WORD TO THE WISE: NEVER DO ANY BUSINESS WITH DARRELL GRECO (from Toronto, lived/living in Florida, Malta or Amsterdam. MR Greco and his associates stole many million dollars from the general public and have continuously blamed Michael Shumak. This has been going on for 10 years.

Darrell Greco is a scumbag who cannot be trusted, he steals from EVERYONE and lies and cheats his way through it.

BUYERS BEWARE

Hi Michael,

I know your busy, however, I was wandering whether any news was released by the company.

Regards,
Omkar



Hi Omkar,

I hope you are well. I am awaiting concrete news from the company later this week. I will give you a call as soon as I hear. If I haven't heard anything before Friday, I will give you a quick call or email in any case.

Best regards,
Michael

Hi Michael,
I hope all is well and your travels were rewarding. What news do we have for Shop Eat Live?

Kind regards,
Omkar

Hi Omkar,

I hope you are well. I have been travelling for the past couple weeks. I just returned tonight. I will call you tomorrow with an update.

All the best,

Michael

Hi,
I have not had any response so far, is there any update?

Regards
Omkar


Hi,
I don't think I had a reply to my previous email, if Michael is unavailable can someone else please provide me with an update regarding Shop Eat Live ipo?

Regards
Omkar

Hi Michael,
I have not seen any further news on the internet or changes to their website/facebook pages. Is there any further news?

Kind Regards,
Omkar

HI Omkar,

Happy New Years! I wish you and your family all the best for 2013. SEL has not hit the market yet. I am awaiting updated information and will revert to you as soon as I have it. In this regard, I do expect the stock to hit the market imminently.

Best regards,

Michael

Hi,
I don't think I had a reply to my previous email, if Michael is unavailable can someone else please provide me with an update regarding Shop Eat Live ipo?

Regards
Omkar

Even though Guardian lost its license in November of 2012 the company was still engaged in the investment business. This prompted the MFSA to issue another warning on December 28, 2012.

MFSA WARNING Guardian Securities Limited

It has come to the Malta Financial Services Authority’s attention that the website of Guardian Securities Limited <www.guardiansecurities.net> states that the company is licenced by the MFSA to provide investment services.

The MFSA wishes to alert the public that, on the 28th November 2012, Guardian Securities Limited’s licence was revoked on regulatory grounds. This revocation was notified by means of the Authority’s public notice MFSA Ref: 64-2012, which was issued on the 29th November 2012.

The MFSA warns consumers of financial services not to enter into any financial services transaction with financial intermediaries, unless these are in possession of a licence to provide such services from the MFSA or from another foreign reputable financial services regulator.

A list of entities licenced by the MFSA and those licenced by European Authorities and which are allowed to provide investment services in Malta is available at the following link.

Should you have any queries regarding this warning, please do not hesitate to contact Dr Sarah Pulis spulis@mfsa.com.mt and Mr Nathan Fenech nfenech@mfsa.com.mt.

Communications Unit
Malta Financial Services Authority MFSA Warning: 07-2012
28th December, 2012

MFSA WARNING Guardian Securities Limited

It has come to the Malta Financial Services Authority’s attention that the website of Guardian Securities Limited <www.guardiansecurities.net> states that the company is licenced by the MFSA to provide investment services.

The MFSA wishes to alert the public that, on the 28th November 2012, Guardian Securities Limited’s licence was revoked on regulatory grounds. This revocation was notified by means of the Authority’s public notice MFSA Ref: 64-2012, which was issued on the 29th November 2012.

The MFSA warns consumers of financial services not to enter into any financial services transaction with financial intermediaries, unless these are in possession of a licence to provide such services from the MFSA or from another foreign reputable financial services regulator.

A list of entities licenced by the MFSA and those licenced by European Authorities and which are allowed to provide investment services in Malta is available at the following link.

Should you have any queries regarding this warning, please do not hesitate to contact Dr Sarah Pulis spulis@mfsa.com.mt and Mr Nathan Fenech nfenech@mfsa.com.mt.

Communications Unit
Malta Financial Services Authority MFSA Warning: 07-2012
28th December, 2012

When you are dealing with an individual purporting to be a licensed advisor for Guardian Securities Ltd. in Malta, make sure you call the MFSA and investigate whether the individual has a license. In the case of certain individuals selling a private placement from America this is not the case. This individual is using an alias. You may contact privately and I will share the details.

Seems like a second round of mass resignations at Guardian. I would imagine the model is flawed and nobody wants to attach his name to any deal this company promotes including the now defunct Private placement they were selling.

Ask for Copy of the Guardian Securities Advisors Passport who is making the recommendation to purchase stock to you. Aside from using proxies to mask his ownership of Guardian Securities, Michael Shumak uses an alias when dealing with prospective investors and investors. He is not a licensed individual and may not sign orders. If he takes an order he is having it signed by a registered individual. MFSA regulations clearly state that only registered individuals may dispense investment advice. Assistants may only dispence general information about the company they work for and the services they may provide.

Michael Shumak beneficial owner of Guardian Securities Limited also of Transnational Securities and Trust and Morgan Finch, Mitchell Finch will be joining us soon to attempt to spin his involvement. I will be posting his Guardian Securities related personal emails shortly once his blog is posted.

Don't buy illiquid thinly traded stocks from this company. They pay between 15% to 20% of the cost you are buying it at. There will be no support if you try to sell.

Stay tuned for the new Michael Shumak Blog. Link will be here and several other forums. Read Michael in his own words. Read how he replaces proxies and how his proxies respond. Read Lawyers representing his ex proxies in their own words describe Shumak. Read Shumak's rants and Threats.
Read all about this master of the universe as he cheats investors and employees alike.

Its all coming to the internet soon..

Be very careful. If you are sold a blue chip stock, make sure it is delivered to your account. If they try to tell you to sell it to buy a cheap stock that wasn't trading at least a 1/2 million shares a day for the last 1 year, don't buy it...the volume will dry up quickly. That is the Chink in the illiquid stocks armor. Furthermore make sure you record the name of the person who made the recommendation and sold you. Ask him to see a copy of his license with the MFSA. They do provide this document in pdf format.