SRNG -Shelron Group, Inc. Mega DD

SRNG -Shelron Group, Inc. Mega DD




SRNG Company Overview & Description
Shelron Group, Inc. (Symbol:SRNG) is a New York based mineral exploration and development company focused on discovering the next major gold And copper mines in Tanzania, Ghana, and searching for more in the Americas. Shelron Group Inc, engages in the acquisition, exploration, evaluation, and development of mineral resource properties in Tanzania,Ghana and South America. The company's property portfolio includes an option to acquire a 70% interest in Tanzania where the properties are in two regions (Kahama and Geita) that are characterized by large areas of proven Gold reserves and large scale mining activity.Shelron negotiating more deals to increase its portfolio.The company incorporates in Delaware and headquartered in New York.

On April 3, 2011, the Company signed a non-binding Memorandum of Understanding to acquire gold mining rights in Ghana. The Company is currently conducting due diligence on these mines and if satisfactory we will move to close the transaction.

On May 25, 2011, the Company entered into an exclusive perpetual worldwide software license. The Company will utilize the software to create an affiliate network for online stores. The software requires further modifications and the Company expects the software to be available for use during the fourth quarter of 2011.

How old gold mines are re-discovered Video



Eco Friendly
The Company realizes that there are tremendous benefits to be had by marrying the international investment community to the peaceful country of Tanzania, its people and its mineral wealth. Shelron Group’s policy is and will continue to support eco-friendly mining to help maintain the delicate ecological balance of the planet.

The Company also values its role and responsibility to treat with the utmost respect not only the natural resources of the country, but also every person and the environment, in all aspects of its business dealings.


Key Company Management
Mr. Eliron Yaron has been the Chief Executive Officer, Chief Financial Officer, President and Principal Accounting Officer of Shelron Group Inc.since August 2001 and serves as its Secretary. Mr. Yaron is the Founder of Shelron Internet Ltd and served as its Chief Executive Officer from 1996 to 2001. He served as an Analyst of Clearsite Ltd. and Investment Arm, Clearsite Ltd. He is a Co-Founder of AUTONET Vertriebs GmbH. Since 1993, he has engaged in either founding web related business or working in related technology areas. He has advised venture capital funds and investment companies on IT and Internet related investments and marketing. He has been Chairman of Shelron Group Inc. since August 2001 and serves as its Director. He served on the boards of Internetcompanies in the US and Israel.


SRNG Contact Info
Shelron Group, Inc.
39 Broadway Avenue
30th Floor
New York, NY 10006
Info@shelron-group.com
Phone: 212-729-6794
Fax: 646-219-8003
Website: http://www.shelron-group.com


SRNG Recent Developments
SEC Filings
http://finance.yahoo.com/q/sec?s=SRNG+SEC+Filings
Industry
http://finance.yahoo.com/q/in?s=SRNG+Industry
Headlines
http://finance.yahoo.com/q/h?s=SRNG+Headlines


SRNG daily chart:



SRNG Products & Services
Tanzania overview


1 Tanzania Overview:

a. General Information:

i. The United Republic of Tanzania is a country in East Africa bordered by Kenya and Uganda to the north, Rwanda, Burundi, and the Democratic Republic of the Congo to the west, and Zambia, Malawi, and Mozambique to the south. The country's eastern borders lie on the Indian Ocean.

ii. As of 2006, the estimated population is 38,329,000, with an estimated growth rate of 2 percent.

iii. At 947,300 km², Tanzania is the world's 31st-largest country.

iv. The United Republic of Tanzania is a state composed of 26 regions (mikoa), including those of the autonomous region of Zanzibar. The head of state is President Jakaya Mrisho Kikwete, elected in 2005. Since 1996, the official capital of Tanzania has been Dodoma, where Parliament and some government offices are located. Between independence and 1996, the main coastal city of Dar es Salaam served as the country's political capital. Today, Dar es Salaam remains the principal commercial city of Tanzania and the de facto seat of most government institutions. It is the major seaport for the country and its landlocked neighbors.

v. The President of Tanzania and the members of the National Assembly are elected concurrently by direct popular vote for five-year terms. The president appoints a prime minister who serves as the government's leader in the National Assembly. The president selects his Cabinet from among the National Assembly members. The Constitution also empowers him to nominate ten non-elected members of Parliament, who are also eligible to become cabinet members. Elections for president and all National Assembly seats were held in 2010. Tanzania is a one party dominant state with the Chama Cha Mapinduzi in power. Opposition parties are widely considered to have no real chance of gaining power, though the country remains peaceful.


b. Economy:

i. The economy is mostly based on agriculture, which accounts for more than half of the GDP, provides 75 percent (approximately) of exports, and employs approximately 75 percent of the workforce. Topography and climate, though, limit cultivated crops to only 4 percent of the land area.

ii. The nation has many natural resources including minerals, natural gas, and tourism. Extraction of natural gas began in the 2000s. Gas is drawn into the commercial capital, Dar Es Salaam and exported to various markets overseas. The mineral sector started to pick-up slowly in the late 90s, major discoveries are announced regularly. However, the mineral sect 1or has yet to start contributing significantly to the overall Tanzanian economy. On the other hand, the contribution of the tourism sector to the Tanzanian economy is steadily rising year after year.

c. Gold Opportunities:

i. Gold has shared the spotlight with Diamonds as Tanzania's principal mineral product since early 1900s.

ii. The rate of Gold production has varied considerably and at times has been entirely from individual prospectors or artisanal miners working with hand tools, in the fashion of the "garimpeiros" of Brazil or many other tropical countries.

iii. During the mid 20th century, Tanzania experienced a notable yield of Gold from mechanized mines until 1966 when the last mine at Geita was closed down. Since then and until the late 1990s, Gold production was mainly from artisanal miners and production records were uncertain and subject to great variations.

iv. Economic reforms made in the late 1990s have given impetus to Gold output, where new modern mechanized mining has started with the inauguration of Golden Pride Mine in 1998. Other new mines came on stream.

v. Tanzania is currently the 3rd largest Gold exporter in Africa.

vi. Major Gold mining companies such as AngloGold and Barrick are already operating in Tanzania for many years.

vii. Major mining companies engage only in massive reserve mega mines while the small and medium scale mining operations remain an untapped resource.

viii. Recent changes in Tanzanian law, limiting the number of licenses each company can hold in order to allow more mining and exploration companies to obtain good mining plots have caused many interesting and potentially high reserve areas that have not been developed or invested in to be "back on the market".


SRNG Financial Reporting/Disclosure & Security Details

SRNG follows under these guidelines on the OTC Pink limited information market tier.

Investigate more @ http://www.otcmarkets.com/stock/SRNG/quote for more due diligence.

SRNG Share Structure per otc
Market Value1 $12,285 a/o Oct 02, 2012
Shares Outstanding 877,492 a/o May 07, 2012
Float 58,000,000 a/o Sep 07, 2011
Authorized Shares 500,000,000 a/o Aug 15, 2011
Par Value 0.001

Shares per last 10Q: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8619386
Indicate the number of shares outstanding of each of the issuer’s classes of common stock, as of the latest practicable date.
As of May 7, 2012, there were 328, 877,492 shares of common stock outstanding
Common stock, par value $0.001 par value per share Authorized 500,000,000 shares; Issued and outstanding 328,877,492 shares and 328,877,492 shares, respectively

Common stock to be issued 4,750,000 shares and 3,000,000 shares, respectively.
Shareholders
Shareholders of Record: 377 a/o Apr 16, 2012
Transfer Agent(s)
Securities Transfer Corp.
2591 Dallas Pky.
Suite 102
Dallas, TX, 75034
469-633-0101

Financial Reporting/Disclosure
Company Notes
Formerly=TTTTickets Holding Corp. until 12-02
Note=12-02 company is in the development stage

Profile Data
Incorporated In: DE, USA
Year of Inc: 1987
Security Notes
Capital Change=Stk. Div.=8% Ex-date=08/05/2003. Rec date=08/07/2003. Pay date=08/21/2003.
Capital Change=shs decreased by 1 for 25 split. Pay date=10/20/2008.


Before You Invest - Investigate! Always do your own due diligence
A critical part of the due diligence: Please be aware, that upon completion of in-depth due diligence there is still a risk factor in all forms of investing.

Please note not all company websites are updated on a regular basis so you should use additional content sources to ensure accuracy.

Resources used in this post: otcmarket.com, www.bloomberg.com, www.finance.yahoo.com, SRNG website