United Consortium Ltd. (UCSO)

[Pugsieboy]

BIGGEST FRONT LOADED PUMP N DUMP SCAMS IN THE HISTORY OF THE OTC

THE DIRT ON USCO CEO SCOTT GALLAGHER - AKA STOCK SCAM ARTIST

APPARENTLY, SCOTT GALLAGHER, AKA DIRT BAG, IS AT IT AGAIN WITH ANOTHER SCAM OF SEVERAL BEFORE USCO.

As you will soon discover from the dirt below on Scott Gallagher, CEO of USCO, Scott has a habit of running stock scams and moving from one running topic to the next. First it was Weed and then it was blockchain and now it's CBD and all three combined in his latest attempt to bamboozle investors.

PISSED OFF PEOPLE WHO GOT SCAMMED BY SCOTT GALLAGHER'S PREVIOUS STOCK RIP OFFS - UCSO IS NEXT
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147558797
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=147324466
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146971691
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146720364
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146708253

ANYONE CAN CLEARLY SEE USCO IS GETTING PUMPED ON ABSOLUTELY NOTHING, AND THE DUMP IS COMING. BE PREPARED TO LOSE A LOT OF MONEY.


DIRT ON SCOTT GALLAGHER
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141146359

MORE DIRT ON SCOTT GALLAGHER
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141145402

AND MORE DIRT ON SCOTT GALLAGHER
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=141157191

AND EVEN MORE DIRT ON SCOTT GALLAGHER
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=60570116



ONE OF SCOTTS PREVIOUS SCAMS
https://www.sec.gov/Archives/edgar/data/1062663/000106266308000028/ftsgroup_form8k.htm

AND ANOTHER ONE OF SCOTT'S FAILED SCAMS
https://www.globenewswire.com/news-release/2007/09/25/1372116/0/en/FTS-Group-Chairman-and-Chief-Executive-Officer-Announces-Increased-Stake-in-Company.html

AND ANOTHER ONE OF SCOTTS FAILED SCAMS
https://www.marketwatch.com/investing/stock/seek/insiders?pid=73255

SCOTT GALLAGHER SEC REVOKED COMPANY
https://www.sec.gov/litigation/admin/2013/34-69833.pdf

SCOTT GALLAGHER COMPANY SEC ORDER OF SUSPENSION
https://www.sec.gov/litigation/suspensions/2013/34-69446-o.pdf

SCOTT GALLAGHER HAD AT LEAST TWO OTHER FAILED SCAM STOCKS BEFORE USCO


THE DUMP WILL BE COMING FAST AND MAY WILL LOSE A LOT OF MONEY.

MORE DIRT ON STOCK SCAM ARTIST SCOTT GALLAGHER

UCSO/SEEK - that's the same exact thing that Scott Gallagher did in 2008 with SEEK and FLIP.

After FTS Group Inc (FLIP) became a diluted toxic mess he moved his "directory assets" out of the FLIP shell and into the SEEK shell (then trading as US Biodefense Inc) in exchange for a $1,500,000 Note.

https://www.sec.gov/Archives/edgar/data/1062663/000106266308000028/ftsgroup_form8k.htm


Following the "acquisition" US Biodefense Inc became Elysium Internet Inc (EYSM).

FLIP never got any preferred shares of EYSM/SEEK. Instead the very toxic FLIP shell was abandoned by Gallagher who stopped doing any more required SEC filings. (FLIP was an SEC registrant)

FLIP was finally suspended by the SEC in 2013 and revoked soon after.

https://www.sec.gov/Archives/edgar/data/1062663/999999999713010960/filename1.pdf


I remember looking at SEEK some in March of 2011 and warning people that SEEK was headed down the FLIP path and would see a ton of future dilution and eventually become worthless

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=60570116

That came true as through the years SEEK repeatedly raised it's A/S and diluted stock into the market through debt conversions.

Rinse Repeat


Fast forward several years.

Scott Gallagher stripped the "assets" out of the SEEK shell.

He started by moving a bunch of domains from the SEEK shell to the UCSO shell in April of 2017. The proposed deal disclosed in a March 2017 8K called for UCSO to take over $425,000 in debt owed to Gallagher and for UCSO to issue to SEEK a control block of UCSO preferred stock.

https://backend.otcmarkets.com/otcapi/company/sec-filings/11937285/content/html

But when you read the subsequent OTC filings, UCSO only assumed control of $360,000 in debt and UCSO did not issue any preferred shares to SEEK in exchange for those domains. As of today, UCSO hasn't issued a single share of preferred stock.

Then in March of 2018, Gallagher took the remaining 21 domain names still owned by SEEK and moved them out of the SEEK shell and into the UCSO shell in exchange for the forgiveness of $556,000 he claimed he was owed by SEEK

https://backend.otcmarkets.com/otcapi/company/sec-filings/12671695/content/html

SEEK is now nothing but an abandoned empty shell with no assets and no value. SEEK owns no UCSO stock and SEEK owns no UCSO debt.

All the SEEK shell has left is toxic Note holders tripping over themselves to convert their debts and dump shares while they still can.


Gallagher did the same thing to SEEK that he did to FLIP 10 years earlier.

Now UCSO becomes the new FLIP/SEEK.



I'm actually pretty familiar with the history of the UCSO shell because I researched it in early 2014 before Scott Gallagher got his paws on the shell.

http://promotionstocksecrets.com/united-consortium-ltd-ucso-nodummy-side-research/

Some of the key players involved in UCSO in the past includes:
Randall J Lanham
Clark Wilson LLP
Konrad Ackermann
Michael Anthony
Donald Clarke
Mark T Johnson
Mark D Manoff
Kelly Black
Roger Malik
Gerry Parker
Christopher Wheeler
Regis Possino
Colin Nix
David Rushing
Harold "B.J" Gallison
Carl Marciniak
Jeffrey Weinfurter
Jonathan D Leinwand
Richard Bach


Richard Bach's company (Westor Capital Group) that gained control of the UCSO shell in 2012 ended up being named in a FINRA Complaint in 2013 which included allegations of stock manipulation involving UCSO.

https://www.finra.org/sites/default/files/OHODecision/p494678.pdf

Bach was barred by FINRA and Westor Capital Group was expelled by FINRA.


It looks like Gallagher gained control of the UCSO shell in January of 2017. The former CEO, Richard Bach, was issued a $200,000 debt Note in the process.

Scott Gallagher immediately created an entity in Florida named First Canna Corp so that he could pretend that UCSO was a cannabis ticker.

http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=FIRSTCANNA%20P170000113840&aggregateId=domp-p17000011384-2e9efc79-4948-4c73-89d5-10115c80052b&searchTerm=First%20Canna%20Corp&listNameOrder=FIRSTCANNA%20P170000113840

To date First Canna Corp has yet to initiate any cannabis operations which Gallagher blames on slow legislation in Florida. The pretend pot company does have a website though

http://www.firstcannacorp.com/

As I already mentioned, in April of 2017 and March of 2018, Gallagher pulled all the domain names he owns out of the SEEK shell and moved them into the UCSO shell.

Of those dozens of domains it looks like the only one that really has any notable activity/nominal value is lawyersnetwork.com

http://www.lawyersnetwork.com/

In December of 2017 when the crypto market went nuts, Scott Gallagher created Block Chain Inc so that he could pretend that UCSO is a crypto/blockchain company

http://search.sunbiz.org/Inquiry/CorporationSearch/SearchResultDetail?inquirytype=EntityName&directionType=Initial&searchNameOrder=BLOCKCHAIN%20P170000993570&aggregateId=domp-p17000099357-d6d431d5-502a-45bb-b0e1-d82c778735a3&searchTerm=Block%20Chain%2C%20Inc&listNameOrder=BLOCKCHAIN%20P170000993570

Blockchain Inc has yet to initiate any business operations. Gallagher did create a coming soon website though in March of 2018 for his pretend blockchain company

http://physiciansblockchain.com/

The main UCSO website can be found at http://www.uclventures.com/



In the process of turning UCSO into his new SEEK, Gallagher added $560,000 in debt Notes to the UCSO balance sheet. All UCSO has to show for its collection of domains and fake cannabis and fake blockchain operations is $4,752 in revenues for all of 2017.

UCSO now carries over $800,000 in debt Notes. $360,000 owed to Scott Gallagher, $200,000 owed to Richard Bach, $200,000 owed to Hindsight Records Inc from 2015, $25,000 owed to HHSE from 2015, and $27,000 owed to Falmouth Street Holdings LLC from 2015.

$25,000 of debt was paid off in January of 2017 with UCSO issuing 4,166,167 free trading shares of stock ($.006/share)

If history is any indication, Gallagher will rely on toxic lenders to fund UCSO and over the next several years those toxic funders will dilute UCSO down to worthless exactly what happened to FLIP and SEEK. After UCSO becomes worthless, Scott Gallagher will probably seek out another shell to move his assets to.

Mr. Scott Gallagher was once at the helm of a company called FTS Group, Inc. (OTCMKTS:FLIP) whose stock that got revoked by the SEC due to delinquency in their periodic filings.


1) I don't like that Scott Gallagher used one of his companies, US Biodefense Inc (now EYSM), to pay another one of his companies, FTS Group Inc, $1,500,000 back in April of 2008 for the purchase of Elysium Internet Inc.

2) I don't like that $1,000,000 went to a company located in Barbados in the form of a promissory Note for the purchase of two domain names from Smash Clicks Inc in June of 2008. EYSM has long ago defaulted on this promissory Note and the note can be converted into discounted shares.

3) I don't like that the CEO has 1,012,515,000 common shares and 270,000 preferred shares which can convert into 2,700,000,000 more common shares

4) I don't like that both the outstanding share count and the float increased by almost 1.7 billion in a 2 month period from July 1, 2010 to August 30, 2010 - shows you how fast this company is able to dilute when they chose.

5) I don't like that they lost a legal issue with Sandra Sawyer and are now required to pay Ms. Sawyer $225,000 plus fees none of which had been paid yet as of October 29, 2010.

6) I don't like that the company has an accrued deficit of $9,938,429.

7) I don't like that as of their last filing they had never posted a profitable month ever. And even if they do some day end up finally making money with their business they are so far behind in debts and other expenses that it will take them a very long time to ever catch up - if ever.

8) I don't like that they went and did another $1,000,000 promissory Note for the purchase of directory.com which can also be paid in shares and most likely will be since the company has no cash.

9) I don't like that they have a gagged TA

10) I don't like that I read a statement about the company wanting to raise $750,000 - $800,000 through share sales.