The Cortellazzi Consortium

October 17, 2007

All Cats Are Grey In The Dark.

Filed under: Uncategorized — 18montecristo67 @ 2:40 am

The blog takes note of the numerous affirmations from former stalwart UMining investors which have recently appeared on the IHUB message board.

Many current and former UMining investors now concur that it is a scam perpetrated by Cortellazzi Consortium members.

However, for Cortellazzi Consortium members it’s business as usual.

Consortium members while concerned (IP 67.191.34.239 which is a Florida location near Fort Lauderdale remained on the blog for over 10 hours) have pressed ahead on 16 October 2007 with the issuance of three press releases.

UMining – Company Ceases Talks With U.S. Facility and Turns Focus to the Development of a Sales Program Which Will License Proprietary Technology to Multiple Microplants Internationally

He-5 Resources: Management Intends to Capitalize on Current Price of Gold to Generate Revenues of $15 to $20 Million Based on Geologic Results From Phase I of Drilling Program

M45 Mining – M45 Mining Resources Inc. Confirms Some Anomalous Zinc Rock Values Associated With Gold Showings From Diamond Drill Holes on East Wind Property. M45 Publishes Geologist Summary From NI-43-101 on East Wind Property

For the sake of reference, a GESTIM check revealed the number of claims registered by M45 Mining remains at 174, unchanged since the blog began in August 2007.

However, by far the most brazen of recent Cortellazzi Consortium press releases is the 17 September 2007 press release put out by Serge Ollu (He-5 Resources) and George Abisaleh (Sand Oil & He-5 Resources):

HE-5 Resources, Corp. Sponsors Scholarship Contest in Conjunction With Nevada Appeal Newspaper
Monday September 17, 8:30 am ET

HE-5 Will Award 5 Scholarships of $2,500 Each to Local Elementary Students

NEW YORK, NY–(MARKET WIRE)–Sep 17, 2007 — HE-5 Resources, Corp. (Other OTC:HRRN.PK – News), an emerging mining firm with a portfolio of vast mineral-rich territories, today announced that it has sponsored a Scholarship Contest in the Carson City, Nevada area. The local Nevada Appeal newspaper (www.nevadaappeal.com) has published an article in the September 17 edition regarding the Contest and will also judge it.

The Nevada Appeal editor couldn’t believe his ears when he asked George Abisaleh if it was for real (the full article appears in the graphic below) :

“That’s a lot of money. In fact, every time I speak to company spokesman George Abisaleh, I repeat the question, very slowly and clearly, “so, it’s five scholarships for $2,500 each, right?” making sure I’ve not developed dyslexia and it’s really five scholarships of $25 each, or some other variant.

But no, it’s definitely five scholarships of $2,500 each. For any parent wondering how they’re going to afford a college education for their children, this could be a part of the answer.

Here’s a press release quote from the company’s CEO, Denyse Raynault: “We are very pleased and honoured to be the sponsor of this scholarship contest. It is a great way for HE-5 to give back to the children of Carson City,Nevada, for the community’s support of our Overman Property mining project. As a socially responsible corporation, we believe that actively sponsoring these types of contests is a key element of our operational program.”

When I reached talked to the company’s vice president, Serge Ollu, in his Quebec office, he said their board of directors had been seeking a way to have a visible presence in the region in which it is doing business.

Suggestions such as contributing money to preserve historic cemeteries in the area were brought up, but the scholarship idea brought enthusiastic support from everyone. People around the table said ‘let’s put money into the future instead of putting it into the past,'” Ollu said. “

nevadaappeal_20070928_page_1.jpgnevadaappeal_20070928_page_2.jpg

All the more interesting since Mr. Ollu was sued in 2002 for tuition fees that he owed to a private school attended by a family member, College Stanislas (Quebec Court docket: 500-22-0774622-021).

It’s unlikely that Mr. Ollu was forthcoming with that information or his recent (Quebec Court docket: 500-01-011104-038 -14 November 2006) fraud conviction (Section 380, Criminal Code) during his interview with the Nevada Appeal.

Mr. George Abisaleh (BD: 27 September 1976) a frequent blog visitor (IP: 99.227.40.165) who enjoys speeding on Toronto roadways will be the subject of a blog report at a later time.

Needless to say, Mr. Abilaseh and Ollu have not been forthcoming about the source of the contest funding to the Nevada Appeal either.

Contest deadline is Oct. 22, 2007.

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