Shelron is a worthless shell, he owns nothing in mining and gave himself 200m shares for his services. his website touts Tanzania yet he has no interest there. He owns no mines anywhere. He has about 25k, the rest will be from anyone who buys this junk. He pays himself because he consults himself, and nothing has changed. I check in to see if he goes legit, he cant seem to do it, he loves scams. He lives off of anyone who buys the shares. he is waiting for you to buy so he can sell.
During September 2011, the Company signed a non binding MOU with a local Tanzanian company for the acquisition of 51% of the mineral rights of a property in the Geita district of Tanzania. This MOU has expired and has been canceled by the Company.
The Company is controlled by Hull, a company wholly-owned by Eliron Yaron, the Company's Principal Executive Officer/Principal Financial and Accounting Officer. In March 2005, the Company entered into a consulting agreement with Hull. Pursuant to the terms of the agreement, Hull receives consulting fees totaling $156,000 per annum in installments of $3,000 per week. Due to stockholder represents accrued but unpaid consulting as well as other loans payable made by Hull.
