Another UMBRELLA scam. Hers how it works
It allows scammers who don’t want to or can’t go public for what ever the reason. They latch onto a public vehicle and acquire free trading shares that promise to jump start the liquidity and price but when they pump and stock UP and sell off all the free shares they received (usually in a day or two or a few months), once sold they vanish and leave the company and CEO to deal with the diluted shares and eventually the huge drop in share price and then people ask the CEO what happened to the HOT news and plans.
Its the same as a pump and dump but the pump is from non company affiliates who told the CEO if they issue then shares they will put the alleged company under the public vehicles umbrella. What that means is a scammer who can’t go public can just form some new LLC (private company) that is not real but a simple website and they look like a giant company, start a PR pump and dump, send out the pumpers to chat rooms, sell off the free shares they got from the CEO with the promise it will make that public company a huge success.
UMBRELLA is just a way scammers can sell publicly traded shares and have clean hands and make as much money as they would being a public pump and dump only they are not the ones public yet they market that their plan is part of the public company.
Mushrooms Inc. (OTC: MSRM) Announces Plan for Acquisitions and Vertically Integrated Business Development by Partnering with diversified Mushroom Market Leaders
CEO Kimberly Carlson shared, "I have been fortunate to connect with amazing pioneers and innovators in differing areas of the Mushroom Market in the US and abroad. Three realities have been consistent with the people behind the businesses and their processes. One is that this business model can bring like-minded companies together in order to benefit and fruit from a shared network under the public umbrella.
