Are websites like scriptapalooza legit?

I guess scriptapalooza is a website where you send them in a movie script they charge you a fee and get the script read by a bunch of people higher up in the industry. If somebody likes the script they might buy it off you and make the movie, is this legit or just a money making scam? If it's a scam do you know of any place to send a script that is legit? I have a good idea for a movie, gonna turn it into a 100 page script and I don't know where I can present it. I don't live in Hollywood I live in a small town in Canada so things like this are my best bet to get it noticed.