Stargaze Entertainment Group Inc (STGZ)

[hitma77n]

ANATOMY OF A SCAM - THE CORTELAZZI / OLLU / AMYOT WAY as it pertains to UMNG. And its still pertinent.
The basic scam coming from out Quebec fraudsters works in the following manner, and UMNG is no exception:
1. Take a shell which you control and buy back as many shares as possible while it has nothing in it and convert loans into more free trading shares such that the majority of all free trading shares are in the hands of the promoters (Cortelazzi/Ollu/Amyot);
2. Find an inventor with a failed technology (UMNG) or an inventor with a hopeful technology but the inventor is broke and the technology is going nowhere (GITA);
3. Restructure the deal somewhat to accommodate the inventor but give him restricted shares;
4. Find some dupe to act as CEO. Its even better if the CEO is broke and needs money from the scam to survive. In this way the CEO is totally controlled by the scammer promoters.
5. Issue out some Fluffy PR's about how great the technology is and have someone do a very positive site visit. Preferably someone who claims to own millions of shares;
6. Find some individuals in far off places that seem to be legitimate to make claims of contracts and projections.;
7. Put out more fluffy PR's about how the technology is coming along;
8. Sell some shares to naive investors;
9. Issue some more Fluffy PR's with sales projections.
10. Sell some more free trading shares to new investors buying into the fluffy news about the claimed technology/product/service.
11. When the deal ultimately fails, rinse and repeat.
JFY
jmo