-Pour the milk and water into a saucepan. Add the cinnamon stick and turn up the heat to medium-high.
-Combine the cornstarch with 1/4 cup of water. Mix well and reserve.
-Once the water and milk are boiling, slowly stir the cornstarch/water mix, using a strainer to avoid any lumps.
-Add the condensed milk and the oat meal, stir for about 6-8 more minutes until the mixture has thickened. -Remove the cinnamon stick before serving, serve very hot.