Shareholders Foundation, Inc.

Blue Earth Inc (NASDAQ:BBLU) Investor Alert: Investigation over Possible Violations of Securities Laws

An investigation for investors in Blue Earth Inc (NASDAQ:BBLU) shares over potential securities laws violations by Blue Earth was announced and NASDAQ:BBLU stockholders should contact the Shareholders Foundation at mail@shareholdersfoundation.com

 

San Diego, CA -- (SBWIRE) -- 10/28/2014 -- An investigation on behalf of investors of Blue Earth Inc (NASDAQ:BBLU) shares over potential securities laws violations by Blue Earth Inc and certain of its directors and officers in connection certain financial statements was announced .

Investors who purchased shares of Blue Earth Inc (NASDAQ:BBLU) have certain options and should contact the Shareholders Foundation, Inc. at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm focuses on possible claims on behalf of purchasers of the securities of Blue Earth Inc (NASDAQ:BBLU) concerning whether a series of statements by Blue Earth Inc regarding its business, its prospects and its operations were materially false and misleading at the time they were made.
Blue Earth Inc reported that its annual Total Revenue rose from $4.91 million in 2011 to $10.31 million in 2013 while its Net Loss increased from $14.00 million in 2011 to $25.47 million in 2013. Shares of Blue Earth Inc (NASDAQ:BBLU) grew from $0.95 per share in March 2013 to as high as $3.77 per share in September 2014.

Then on October 21, 2014 an analyst report disclosed that there is evidence of a current law enforcement investigation of Blue Earth Inc, that Blue Earth Inc has engaged stock promoters who have improperly touted its stock, and that there are multiple red flags regarding the Company’s past and present auditors.

Shares of Blue Earth Inc (NASDAQ:BBLU) declined from $3.77 per share in late September 2014 to as low as $1.00 per share on October 21, 2014.

On October 24, 2014, NASDAQ:BBLU shares closed at $1.48 per share.

Those who purchased shares of Blue Earth Inc (NASDAQ:BBLU) have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com