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Microcap & Penny Stocks : Blue Water Global Group Inc.
BLUU 0.000010000.0%Oct 31 9:30 AM EST

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From: smaycs46/28/2015 6:46:58 AM
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Lets focus on the fact that this stock is 5 cents and being illegally pumped all over the internet by criminal touts much like their president has been doing for 15+ years.

Look what I found. Was this before or after the reverse split ?

This is a VERY SKETCHY and DUBIOUS company. The reason? They keep some very unsavory company. Here's what I found, one of the largest shareholders with 24.8% of the company was under SEC investigation in 1999 for some really shady dealings. J. Scott Sitra is the owner of Taurus Financial Partners, LLC who set Blue Water Restaurant Group in motion with it's public filing.

J. Scott Sitra is the sole owner and control person of Taurus Financial Partners, LLC.

" J. Scott Sitra and Stag Financial Group. Mr. Sitra has had an SEC complaint filed against him in 1999 and settled with the SEC in 2000 in Case No. W-98-CA-352, brought in Waco, Texas. This fact was not disclosed to BioTech and Houser and was fraudulently withheld from BioTech and Houser by Barnett and now Jones in this instant action. The SEC complaint stated:

“Sitra published favorable promotional information about Great White in exchange for cash and stock. Sitra spoke glowingly about Great White and encouraged investors to purchase its stock, while never disclosing his compensation arrangement with it. Sitra took advantage of the market interest his promotions created and sold his stock into the market contrary to his recommendations.”

“Sitra was permanently enjoined from violations of Sections 17(a) and (b) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. Sitra was ordered to pay disgorgement and prejudgment interest of $12,767 and a civil money penalty of $12,767.”
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