The Cortellazzi Consortium

November 19, 2007

A Fascinating Read

Filed under: Uncategorized — 18montecristo67 @ 9:56 pm

M45 Mining “a Development Stage Company” has filed a few hours ago a quarterly report with the SEC.

A fascinating read when you consider this filing reveals that Mr. Marcel Roy (pictured below) through Exploration Minière Grenville Inc. (“EMG”) has received a significant amount of shares as compensation since 17 January 2007.

Today’s filing states :

“ITEM 2. Unregistered Sales of Equity Security and Use of Proceeds.

On January 17, 2007, the Registrant entered into an Agreement with Exploration Minière Grenville Inc. (“EMG”), a Quebec corporation, whereby EMG sold to the Registrant a total of two hundred ninety-two (292) mining claims located in the Matagami Camp, Province of Quebec in or around designated territory 32F for the purchase price of nine hundred nine thousand ninety (909,090) shares of common stock of the Registrant. Pursuant to the Agreement, the value of the mining claims represents a total of $4,500,000 (CAD).

On October 9, 2007, M45 management finalized the acquisition of 160 mining titles covering a total area of 8,935 Hectares in the East area of the Matagami Mining Camp. The mining titles were acquired from “Miniere Grenville,” a Canadian Corporation, for a total nominal consideration of One Million Two Hundred and fifty thousand dollars payable in common shares at a set price value of $ 0.20 for a total number of restricted shares of 6,250,000.”

A very large number of claims and mining titles when you consider the Quebec government database records only 174 mining titles in the name of M45 Mining.

Should you wish to know more about Mr. Roy and his previous fraudulent criminal activities the blog refers you to the 6 October 2007 and 13 October 2007 entries.

Today’s M45 Mining SEC filing is all the more interesting since it claims to have acquired $1.625 million in debt and has no revenue:

“As shown in these consolidated financial statements, the Company has an accumulated deficit of $ 1,625,302 from inception to September 30, 2007 and does not have significant cash or other material assets, nor does it have operations or a source of revenue sufficient to cover its operation costs and allow it to continue as a going concern. The future of the Company is dependent upon its ability to obtain financing and upon future profitable operations from the development of its new business. The Company’s continuation as a going concern is dependent upon management to meet any costs and expenses incurred. Management realizes that this situation may continue until the Company obtains additional working capital through equity financing.”

$1,121,145 of that $1.625 million deficit is vaguely identified as “Additional paid-in capital”.

The line item identified “Mining claim acquisition costs” does not state any amount, however another vague line item “Professional fees” accounts for $906,486.00.

Even more interesting M45 Mining, a company without revenue states it has just hired 5 consultants little more than a month ago:

“As of September 30, 2007, the Company has engaged five (5) consultants.”

Fascinating read this latest M45 Mining SEC filing, the blog will have more to comment at a later time.


November 14, 2007

Anatomy Of A Press Release

Filed under: Uncategorized — 18montecristo67 @ 11:52 pm

A typical Cortelazzi Consortium press release has an infomercial feel to it.

It’s a vague text which sounds very impressive. It’s also purposely made difficult to verify and confirm because there’s little value supporting the sales pitch.

The 14 November 2007, He-5 Resources press release is typical of the prevalent style. It mentions a nameless “gold mining” corporation which He-5 says is attempting to acquire. The He-5 press release also contains the typical “hook”; the sound of immediacy, urgency, importance and of course the appearance of huge gains.

HE-5 Resources, Corp. in Final Negotiation Stage to Acquire Gold Mining Corporation

NEW YORK, NY–(Marketwire – November 14, 2007) – HE-5 Resources, Corp. (PINKSHEETS: HRRN) today announced that it is in final negotiations to acquire a gold mining corporation (“Corporation”). Negotiations have been ongoing between the two parties for the past month. HE-5 initially proposed a friendly acquisition of the Corporation, but may be compelled to launch a hostile takeover if it is deemed necessary to finalize the transaction.

This acquisition, pending completion, will instantly transform HE-5 into an important player in the gold mining industry and significantly enhance its short and long-term profitability. This acquisition is one of several initiatives currently being implemented by Management to increase the Company’s mineral reserves and resource base. HE-5 expects to execute a letter of intent to acquire the Corporation in the next 14 days and will release further details at that time.

The He-5 press release uses the terms: “pending acquisition” “final negotiations” “instantly transform” “important player” “one of several initiatives” to persuade potential victims and sustain the vision of wealth and riches untold riches to the remaining believers.

Of course, there’s always an escape clause in the press release in this case a “letter of intent” which permits He-5 Resources to walk away from any situation with very little justification all the while retaining the money which they received.

Another typical component of Cortellazzi Consortium press releases is the “official” document type support.

Whenever possible “official” type documents, no matter how unrelated are used to bolster the press release and the scam.

The 14 November 2007, UMining press release is typical of that variant of Cortellazzi Consortium press release. It strongly suggests that official documents submitted to Government support the assertions contained in the press release.

Presence of Uranium Confirmed by Technical Reports Submitted to Quebec Ministry of Natural Resources

NEW YORK, NY–(Marketwire – November 14, 2007) – U Mining Resources, Inc. (PINKSHEETS: UMNG) today announced the acquisition of a 100% interest in 12 mining claims located in the James Bay region of Northern Quebec, Canada. The claims cover approximately 660 hectares in the 33H12 area. According to past Geological Technical Reports on the claims (MRNQ File GM-34038, GM-34039, etc.), uranium grades from surface samples were in the range of 81.5 to 128.5 PPM U3O8.

Nothing could be further from the truth.

The 14 November 2007, UMining press release is purposely vague on the specific location and the vendor of the claims. As a matter of fact, Umining press releases combined fall significantly short in numbers which appear in the Quebec Government GESTIM database, only 27 are currently recorded.

Interestingly, the 14 November 2007 press release contains an incriminating piece of information.

The press release specifically refers to “MRNQ files GM-34038, GM-34039″ as technical reports having been conducted on the “claims”:

“According to past Geological Technical Reports on the claims (MRNQ File GM-34038, GM-34039, etc.), uranium grades from surface samples were in the range of 81.5 to 128.5 PPM U3O8. ”

However, MRNQ files GM-34038, GM-34039 are for area 32O12, not for area 33H12 which is the area stated by UMining in the 14 November 2007 press release.

“MRNQ files GM-34038, GM-34039” are in fact 1976 and 1986 public reports by highly respected geologists who have produced reports for area 32O12 :

GM 34038, GLEESON, C F., Report on Geochemical (Lake Sediments and Water), James Bay Territory, Areas A and B, 1976.

GM 34039, MARTIN, L, CANNULI, M., 287 plans d’un levé géochimique (sédiments de lac et d’eau), Territoire de la Baie James, 1986, 287 Maps.

A recent 43-101 geologist report by International Kirkland Minerals Inc. refers to “GM-34038” and the Glesson report at pages 10, 27 and 37:

Page 27:

“Samples were analyzed for copper, lead, zinc, nickel, cobalt, iron, arsenic, manganese, uranium and molybdenum. Gleeson GM 34038) had the following comments on the uranium anomalies «… in the south central part of the area there are numerous residual uranium anomalies varying from 7 to 174 ppm (U3O8). Many of these samples are (not) solely anomalous in uranium but associated with one or more of the following elements: Cu, Pd, Zn, N, Co, Mn and Mo. For the most part, granitic rocks underlie this area and many of the anomalies may be caused by radioactive pegmatites and/or granites however, the presence of associated metals, such as Cu, N and Co, suggest also the presence of vein-type uranium deposits. »

Page 37:

“In a report written by C.F. Gleeson (GM 34038), SDBJ performed detailed Quality Control on their samples analyzed for Copper, Lead, Zinc, Nickel, Cobalt, Iron, Arsenic, Manganese, Uranium and Molybdenum. Strict analytical procedures were taken and, consequently, the authors are quite confident that the anomaly map (Map 3) generated by SDBJ from their geochemical database is
accurate and reliable.”

The purpose of the 14 November 2007 UMining press release was to deceive and misinform current shareholders and attract new shareholders.

This is a common thread which flows throughout ALL press releases emanating from the Cortellazzi Consortium.

November 7, 2007

The Sleeping Giant

Filed under: Uncategorized — 18montecristo67 @ 1:58 am

The blog has received a significant number of visitors since it began posting in August 2007, it is currently number 98 on the list of growing blogs.

We have received more information since the blog last appeared, some of which we acknowledge has come from inside sources who shall not be disclosed for obvious reasons.

Rest assured, we are continuously gathering, evaluating, assessing information from various sources.

The blog has received many visits from concerned members of the Cortellazzi Consortium which have been previously mentioned and their associates for which the blog is currently reviewing information.

We will not reveal at this point in time the identity, nor the frequency of visits on the blog which have originated from Government agencies as it may impede their efforts. We do not share, nor make available on this blog any information that could be useful to the Cortellazzi Consortium.

We have viewed enough irate online messages from victims past and present of the Cortellazzi Consortium and received sufficient visitors from interested parties to simply comment:

The Cortellazzi Consortium has awakened a sleeping giant and have instilled in him a terrible resolve.

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