Stargaze Entertainment Group Inc (STGZ)

[vtyler98]

Comprehensive DD Post:

For both new investors, long time investors, as well as current investors in UMNG, here is some information I've compiled to help make decisions regarding how to trade this stock as well as to help you better understand what you own and are looking at with UMNG.

First of all, UMNG was previously a mining company which was abandoned and left as a "shell" trading at a stock price of .0001 for quite awhile. There was seemingly no interest in the stock until December 27, 2013 when 10 filings hit in the same day in an effort to move this from being listed on the otcmarkets page as "gray market" back towards current status. The current contact information for UMNG is taken from the otcmarkets page and is as follows below, I have emailed and called IR and actually received an email response back, which will be included in this post. Here is the contact information below:

Website: http://www.getittunesagora.com
Phone: [phone]
Email: [e-mail]

Current share structure is as follows:
Shares Outstanding 749,193,794 a/o Jan 31, 2014
Float 539,190,794 a/o Jan 31, 2014
Authorized Shares 750,000,000 a/o Jan 31, 2014
Par Value 0.001

Now upon investing in this company initially, I decided to email them at the email address back in early January and find out some more information. It took about a week to receive a reply as they were backed up and do not yet have a dedicated IR person, but here was the response I received as to the current nature of UMNG and future direction of it. They were careful not to give any insider information or anything which could be considered insider trading.

Mr. Nikitas Tsoukalas is the president & CEO of UMINING RESOURCES INC.

My name is Hariklia Tsoukalas, Vice president and Secretary of UMINING RESOURCES INC..

We have taken over the company UMING RESOURCES INC. and we will be changing the business structures both legal and financial.

There have been unexpected delays but we can say that one of our business ventures will come under the umbrella of UMNG Resources Inc. which will be a multimedia company.

We will be updating otc markets and giving out relevant information in the coming weeks.

We don’t have any relation investor person at the moment and that is why to be on the safe side, that is why I am answering the phone and emails for now. I am not giving out too much information at the moment because I need to pass this info through our lawyers and I have to respect all the rules for insider information.

I cannot really talk about the stock at this present moment. We need to finish what we set out to do.

Sincerely,
Hariklia Tsoukalas
Vice president & Secretary
UMINING RESOURCES INC.

As promised back in January, the company is now listed on the otcmarkets page as OTC Pink Current Information with filings on February 21, 2014 showing an attorney letter filed updating them to current status. This is a huge step, something which was also not PR'ed by the company showing the validity of this new CEO to build a viable business model. If you would like to look at all of their filings, then here is a link to the current filings.

Taken from their recent filing, here is the nature of their business from their annual report.

4. NATURE OF BUSINESS
a) The company became inactive during the 1st quarter of the financial year 2011.

b) The new board was created on July 18th, 2013. The appointment of new a new president and vice-president was authorized by unanimous
written consent of the board of directors on July 28th, 2013. The company will be putting together a new busniess plan and it is planning to start busniess activity in the 1st Quarter of the next financial year.

c) Umining Resources Inc. (UMNG) plans to enter and exploit the exciting business opportunities in the cultural industries across the world. The
company will attempt, as a goal, to be “the alternative” multi-media company to listen, view and basically “consume” original multimedia
content. Whether new or from the forgotten media archives of the world! While competitors are busy buying various media companies, looking
for “content,” UMNG is planning to build a proprietary catalogue, offering what consumers are searching for, on their mobile devices and
computers.

The company is planning to acquire rights of works in the Spanish language, for international marketing, and distribution of its own titles.
Similarly, knowing that there is a need for new content on the international circuit television, we will plan in parallel, subtitled versions of
English, French, Russian, and Portuguese. In the short term, projects will be targeted mainly to the Hispanic segment in the U.S., Spain, Puerto
Rico, Colombia, Venezuela, Mexico, Dominican Republic, Panama, Ecuador and Peru, given the similarity of language and cultural codes, as well as international TV channels.

UMNG is looking to build alliances with international companies in this sector for the promotion and the marketing of their products and services.
- Selling to secondary TV markets around the world, in 5 different languages, the different multimedia content,
- Offer voice over services in 6 languages,
- Receive booking and placement revenues from international live acts and shows,
- Obtain promotional and advertising revenues on our different web sites to be created,
- Further generate revenues by using websites and software to offer unparalleled “world class “multimedia content directly to consumers.
UMNG will attempt to make available interesting and varied multimedia. Among the offerings: Films, shows, music, documentaries, music
videos, live and streaming concerts, etc.
Projected Offerings:
- It will allow consumers to access free content, short previews of content that can be purchased, updates on their favorite artists through social
media feeds, an “all in one site” for fans and casual web surfers looking for something different and exciting,
- Artists and companies will be able to showcase their “content. UMNG will publicize, promote, and offer a web site for all artists to showcase
and sell their content worldwide. Musicians, dancers, film producers, music studios, media art students, poets, writers, etc. will be among the
users and they will be able to market themselves,
- This website will also include links and news of upcoming shows of the artists. Social media feeds will be automatically uploaded to the fans
that have accounts, thus simplifying social media networking for artists.
Anticipated and Projected Sources of Revenue:
- Internet model- generating and sharing of revenue between artist, managers, music companies, studios, TV archives… etc. We will use
websites and software to offer “world class “multimedia content directly to consumers,
- Live streaming of shows and concerts,
- Selling voice over services in 6 languages,
- Selling of packaged TV shows and Film productions to the worldwide market, in 6 available languages. Portuguese, Spanish, English, French,
Farsi, and Russian,
- Receive booking and placement revenues from international live acts and shows,
- Obtain promotional and advertising revenues on our different web sites to be created.

The company is planning to begin preliminary work on setting up new contracts and partnerships in the first Quarter. We will expedite all
regulatory filings to become Current Information on OTC Markets.

Last but not least, here is a chart of it's progress.