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Last $0.0001 USD
Change Today 0.00 / 0.00%
Volume 0.0
As of 8:10 PM 08/24/15 All times are local (Market data is delayed by at least 15 minutes).

natural blue resources inc (NTUR) Snapshot

Previous Close
Day High
Day Low
52 Week High
01/23/15 - $0.0010
52 Week Low
08/21/15 - $0.0001
Market Cap
Average Volume 10 Days
Shares Outstanding
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natural blue resources inc (NTUR) Details

Natural Blue Resources, Inc., a development stage company, is engaged in the exploration, acquisition, and development of various interrelated green businesses. The company is involved in waste stream recycling, and plastic and steel recycling businesses. It also holds a use and manufacturing license to patents and technology rights for waste treatment using microwave technology for use in waste treatment plants in South Korea. Natural Blue Resources, Inc. is based in Woburn, Massachusetts.

natural blue resources inc (NTUR) Top Compensated Officers

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natural blue resources inc (NTUR) Key Developments

SEC Charges Natural Blue Resources Inc. for Concealing from Investors

The Securities and Exchange Commission announced fraud charges against four individuals and Natural Blue Resources Inc. for concealing from investors that two lawbreakers ran the company. According to the SEC's orders instituting administrative proceedings, the mission of the company was to create, acquire, or otherwise invest in environmentally-friendly companies, including an initiative to locate, purify, and sell water recovered from underground aquifers in New Mexico and other areas with depleting water resources. What investors did not know was that two individuals with prior law violations James E. Cohen and Joseph Corazzi â secretly controlled the operational and management decisions of Natural Blue while calling themselves outside â consultants. This arrangement enabled them to be de facto officers of Natural Blue and personally profit from the company without disclosing their past brushes with the law to investors. Cohen, who lives in Windermere, Fla., was previously incarcerated for financial fraud. Corazzi, who resides in Albuquerque, N.M., was previously charged with violating federal securities laws and permanently barred from acting as an officer or director of a public company. The SEC has suspended trading in Natural Blue stock. The other two individuals charged in the case are Toney Anaya and Erik Perry, who were former chief executive officers at Natural Blue. The SEC's orders find that they misled investors by failing to disclose that Cohen and Corazzi were running the company in spite of their criminal or disciplinary histories. Anaya, who is a former New Mexico governor and attorney general, and Perry each agreed to settle the charges. Anaya has cooperated extensively with the SEC's investigation. The SEC's orders charge Natural Blue, Cohen, and Corazzi with violations of Section 17(a)(1) and (a)(3) of the Securities Act of 1933 as well as Section 10(b) of the Securities Exchange Act of 1934 and Rules 10b-5 (a) and 10b-5(c). The orders also charge Natural Blue with violations of Section 17(a)(2) for misre present ations made to investors in press releases and public filings, and violations of Section 15(d) of the Exchange Act and Rules 15d-1 and 15d-13 by failing to make required SEC filings.


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