Institutes of Biomedical Research Corp (MRES)

[Lexit]

The concept isn't new.

This should info clarify things somewhat.

Birds of a feather, flock together.

Dan Ryan of ABV Gold sent his scam over to Russia as well. It's one of Jean Francois Amyot's favorite tactics:

http://www.mineweb.com/mineweb/view/mineweb/en/page66?oid=44654&sn=Detail
http://www.globenewswire.com/newsroom/news.html?d=86290
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=57729075

Ryan, Amyot and Cortelazzi all know each other and they all call Montreal home base. Ollu is Cortelazzi's long time partner (UMNG, HRRN, MRES). Cortelazzi was involved with WDRP as well.

They got the idea from the Nordoil (NDOL) scam, that also did a "buyout" and moved to Russia:

AL, May 04, 2006 (MARKET WIRE via COMTEX News Network) --

Nord Oil International Inc. (OTC: NDOL) today provided the details of the unsolicited offer made on April 6, 2006.

The unsolicited offer was received by North-West Oil Group a private oil and gas company headquartered in Moscow, Russia. The unsolicited offer is priced at USD $2.17 per share for 100% of the total outstanding shares of Nord Oil International Inc. for a transaction estimated at approximately $500 million.

The company reports that management of both Nord Oil International Inc. and North-West Oil Group are meeting over the next several days to further review the offer and determine the course of actions to be taken to conclude said transaction.

About Nord Oil International Inc.

Nord Oil International Inc. is a reporting publicly traded Oil & Gas junior producer, trading under the ticker symbol NDOL on the US Pinksheets market. Nord Oil International operates three wholly owned Russian subsidiaries; Nord Oil Products, Nord Oil Samara and NANA. Nord Oil's properties currently have a total of 48 million barrels of proven and probable reserves.

http://www.onlinetradersforum.com/showthread.php?t=3719

http://newsblaze.com/story/2005112206561300003.mwir/topstory.html

ABV Gold (Amyot/Ryan) once PR'd a "Joint Venture" with Cortelazzi's UMNG:

June 21, 2007 - 10:20 AM EDT

U Mining Resources Inc. Signs Joint Venture Agreement to Earn 50% Interest in Nevada-Based Toiyabe Peaks Uranium Mining Project From ABV Gold Inc.

U Mining Resources Inc. (PINKSHEETS: UMNG), is pleased to announce that it has signed a Joint Venture Agreement to earn a 50% interest in the Nevada-based Toiyabe Peaks Uranium Mining Project (the "Project") from ABV Gold Inc. (PINKSHEETS: ABVG). The Agreement stipulates that U Mining secures the requisite financing for Phase I and II of the exploration and drilling program and provides its Uranium exploration expertise and resources in exchange for a 50% interest in the Project.

ABV Gold Inc., a Canadian-based gold and precious metals mining company (www.abvgold.com), acquired full ownership of the Project in May 2007. The Project comprises a 100% undivided interest in 62 contiguous unpatented lode mining claims staked on federal lands in Nevada administered by the Department of the Interior, Bureau of Land Management. The Project covers approximately 1,240 acres (1.94 mi2) in the Reese River and Birch Creek mining districts of Lander County, Nevada.

The Project is situated between two past-producing uranium mines, and will cover more than five linear miles of altered, mineralized structure (more ground is open for claim staking). Reconnaissance surface sampling along this regional structure has returned uranium assays with grades equal to those of the ore resources at the adjoining uranium mines; assays for precious metals have also been positive, with surface samples returning 0.08 to 0.22 oz Ag/ST.

The combined indicated resource of the two adjoining mines is approximately one million pounds of U3O8 at a grade of about 1.5 pounds U3O8 per ton. Mineralization at these mines has not been limited by drilling along strike or to depth. Hence, the total mineralized zone may have several times more uranium than the indicated resource.

Several independent geologists have visited the Project, reviewed the data, and estimate that the discovery potential could be on the order of 10,000,000 ST grading 0.06% to 0.10% U3O8 (containing approximately 12 to 20 million lbs U3O. Spot uranium prices are currently about US$135/lb (www.uxc.com/review/uxc_Prices.aspx).

Phase I of the exploration program is scheduled to commence this summer in order to develop a NI 43-101 Report on the Property. This initial Phase involves reconnaissance geological mapping and rock sampling of the entire Project area, with the collected rock samples sent to one or more independent analytical labs for silver, gold and uranium determination. In addition, target areas would be defined for future exploration activity (trenching and drilling).

Further details on the Toiyabe Peaks Uranium Mining Project and the related Joint Venture Agreement will be released in the coming weeks.

For more information on U Mining Resources Inc, please visit the Company's corporate website at www.umining.com, and/or speak with one of the Investor Communications Representatives at U Mining's Investor Relations firm Equiti-trend Advisors. Reps are available on market days from 9:30 a.m. to 5:30 p.m. EDT by calling [phone].

Forward-Looking Statements:

Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results. Please also be advised that the company's stock is not currently registered with the Securities and Exchange Commission.

Contact:
Investor Relations
Equiti-trend Advisors
[phone]


Source: Market Wire (June 21, 2007 - 10:20 AM EDT)
News by QuoteMedia
www.quotemedia.com

Recently, Ryan has been under the microscope of both the Quebec AMF and SEC

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=59749515
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=61823567
http://argent.canoe.ca/lca/affaires/quebec/archives/2010/06/20100630-082227.html
http://www.sec.gov/litigation/litreleases/2010/lr21580.htm