Juma Technology Corp. (JUMT)

[janice shell]

Reverse mergers are common. Juma was formed through one. They bought the shell of a cosmetics company. But reverse mergers are undesirable. The SEC doesn't care for them one bit.

Stocks are usually hijacked by completely unrelated people. Usually, they wait till a public shell's incorporation has been revoked. They the perps appear, pay the fees due, and then put the company into the control of themselves or nominees. They often use state custodianship or receivership proceedings to do that.

Then, armed with a corporation in their name, they go to the TA and take over the public company. They may start making OTCMarkets or even SEC filings. Sometimes they control the TA. In the Boock case, the perps created their own transfer agency to make things go more smoothly.

What they do is illegal.