Natural Blue Resources and Atlantic Deal Closes
January 28 2011 - 9:08AM
Natural Blue Resources, Inc. (OTCBB:NTUR) announced today the
anticipated closing for the NTUR and Atlantic Dismantling
transaction has occurred. The new members of the Board of Directors
have been installed. NTUR also has formed a board of advisors for
the Company. According to incoming President and CEO Erik H. Perry,
"The advisory committee is a crucial element to our success in
several ventures we are planning. Essential to all our plans is
continued financing. I have asked Mr. Eric Ross to join as our
first member. Eric's Watch Harbor firm has agreed to be a lead
specialist in obtaining financing for our new acquisitions both
domestically and abroad. I welcome him to our New Natural Blue
Steel Team."
Mr. Ross commented, "We are excited about the opportunities
Natural Blue Steel should see through their strategy and market
position. We are believers in a larger commodity bull-market
cycle through emerging market infrastructure growth from which
Natural Blue Steel should benefit. I believe the new Natural
Blue Steel/Atlantic combination becomes a significant company in
the global commodities marketplace. We at Watch Harbor are proud to
be associated with Natural Blue and I gladly accept the appointment
to the board of advisors. We are confident in their abilities and
our investor's keen interest in their upcoming projects."
Natural Blue Resources is the publically traded parent of
Natural Blue Steel, Inc. and Natural Blue Steel Atlantic, Inc.
Natural Blue Resources announced on January 25th the formation of
NBS Atlantic and the assignment from Atlantic and their affiliates
of more than $35M in contracts.
About Natural Blue Resources, Inc.
Natural Blue Resources, Inc. was formed to own and operate
earth-friendly businesses that utilize green technologies while
conserving natural resources. The Company has three
wholly-owned initiatives: EcoWave that purchased rights to
technology to treat waste water and other wastes; Natural Blue
Steel, Inc., a wholly-owned subsidiary to purchase, ship and
re-sell recycled steel; and a water division with a planned
initiative to focus on developing drinking water projects. The
Company's goals are to identify additional companies and
technologies to acquire and operate as feasible that complement its
existing initiatives. http://www.naturalblueresources.com
Forward-Looking Statements:
This release includes statements that constitute forward-looking
statements. Such forward-looking statements are based on
information available at the time and management's belief with
respect to future events, and are subject to factors, risks and
uncertainties that could cause actual performance or results to
differ materially from those expressed in the statements. Such
factors, risks and uncertainties include, but are not limited to,
those described by Natural Blue Resources, Inc. in its public
filings with the Securities and Exchange Commission. Except as
required under the federal securities laws and the rules and
regulations of the Securities and Exchange Commission, we do not
have any obligation or intention to update publicly any
forward-looking statements, whether as a result of new information,
future events or otherwise, to reflect actual results, changes in
assumptions or changes in other factors affecting forward-looking
information. Contact: Naturalblueresources.com, 1-866-922-1280
Info@naturalbluesteel.com
See NaturalBlueResources.com
CONTACT: Naturalblueresources.com
978-578-3572
Info@naturalbluesteel.com
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