Shelron Group (fka SRNG)

[hc550]

Here are some facts for you all taken from the most recent 10K: In March 2005, we entered into a Consulting Agreement ("Consulting Agreement") with Hull Services Inc. ("Hull"), a company wholly-owned and controlled by Eliron Yaron, the Chairman of the Board of Directors and the Principal Executive Officer of the Company. Pursuant to the terms of this Consulting Agreement, we pay to Hull $156,000 per annum in installments of $3,000 per week for Mr. Yaron’s services, in addition to reimbursing all reasonable expenses incurred in connection with services rendered on behalf of our Company. As of December 31, 2010, accrued
and outstanding fees to Hull are $440,594. The Consulting Agreement has been automatically extended until March 2012.

In the April 8K submitted, the company authorized 250 million shares to be issued to EY for consideration of 250,000 in debt owed to Hull services(Hull is Eliron Yaron). Thats 1000 shares for every dollar in compensaton! So for every 1000 shares he sells into the market at lets say .o3 per share he get 30 dollars for every 1. For consulting services he provides to himself.

Not bad! Be careful folks. IMO GLTA hc550