UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

~~January~~June 233, 2011

Date of Report (Date of earliest event reported)

NATURAL BLUE RESOURCES, INC.

(Exact name of registrant as specified in its charter)

Delaware	333-128060	13-3134389
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification Number)

~~200~~36 ~~West~~Commerce ~~DeVargas Street~~Way, ~~Suite~~Florr 72, ~~Santa Fe~~Woburn, ~~New Mexico 87501~~Massachusetts 01801

(Address of principal executive office, including zip code)

(~~321~~781) ~~293~~933-~~7420~~4333

(Registrant’s telephone number, including area code)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

r Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

r Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

r Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

r Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Item 1.01 Entry into a Material Definitive Agreement.

The 35 million shares issued pursuant to the Agreement are subject to forfeiture if NBS Atlantic does not receive a minimum of $35 million in gross revenues during the 12 months following the execution of the Agreement. If the gross revenues do total $35 million or more but the company does not receive a minimum of $148 million in financing from sources provided by Atlantic, 5 million shares will be forfeited. The Registrant understands that any financing provided by the Consulting Agreement described below would be credited towards the satisfaction of Atlantic's funding requirement.

On January 23, 2011, the Registrant also entered into an Agreement for Consulting Services (the "Consulting Agreement") with Watch Harbor Asset Management LLC ("Watch Harbor"). Under the Consulting Agreement, Watch Harbor will consult with the Registrant with respect to fund raising efforts for a period of three years and provide an appropriate person for service on the Registrant's Board of Advisors (to be formed). The Consulting Agreement calls for the issuance of 10 million new, restricted shares of common stock which are subject to forfeiture in each case if the services are not performed:

Service of Watch Harbor representative on Board of Advisors

- 1 million shares

Introduction to RCI Groupe for debt or equity financing, resulting in a

definitive business agreement

- 1 million shares

Execution of a letter of intent for funding which includes proof of funds

- 4 million shares

Initial closing on the letter of intent

- 4 million shares

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

~~The~~On ~~Agreement~~June ~~described~~3, in2011 ~~Item~~Erik ~~1.01~~Perry ~~above~~was ~~provides~~removed ~~that~~as ~~Toney~~Chief ~~Anaya~~Executive ~~may~~Officer ~~resign~~and asPresident by the Board ~~Registrant's~~of ~~chief~~Directors. Mr. ~~executive~~Perry ~~officer~~was ~~and~~also removed as ~~its~~an ~~director~~officer ~~and~~on beall ~~replaced~~subsidiaries byof ~~Erik~~the ~~Perry~~Company. ~~Joseph~~ ~~Montalto~~The ~~will~~Board ~~also~~of beDirectors elected toPhil ~~the~~Braeuning ~~Board~~as Chairman and Chief Executive Officer of ~~Directors. On~~the ~~January~~Company ~~27,~~and ~~2011~~all of its subsidiaries, ~~Toney~~and ~~Anaya~~elected ~~resigned~~Joe Montalto as ~~Chief~~President ~~Executive~~of ~~Officer~~the Company and ~~Director,~~all its subsidiaries. Messrs. Braeuning and ~~Paul~~Montalto ~~Whitford~~are ~~also~~already ~~resigned~~members asof athe ~~director~~Board of Directors. ~~Concurrently~~Following the Board Meeting and on June 3, ~~Erik~~2011, Mr. Perry ~~was~~resigned ~~elected~~ as a member of the ~~Chief~~Board. ~~Executive~~Mr. ~~Officer~~Perry ~~and~~was toprovided the ~~Board~~opportunity ofto ~~Directors,~~furnish ~~and~~a ~~Joseph~~written ~~Montalto~~statement ~~was~~for ~~also~~this ~~elected~~Form to8-K ~~the~~and ~~Board~~declined ofto ~~Directors~~do so.

~~Erik~~On ~~Perry~~June ~~was~~6, ~~educated~~2011, asJehu aHand ~~civil~~resigned ~~engineer~~as atChief ~~Worcester~~Financial ~~Polytechnic~~Officer ~~Institute~~ and ~~worked as Project Manager in large scale bridge construction for nearly a decade before changing careers to focus attention on the financial industry~~Secretary. ~~As mortgage specialist,~~ Mr. ~~Perry~~Hand ~~became~~declined ~~division~~to ~~head~~provide ~~for~~a ~~Reliant~~written ~~Mortgage~~statement offor ~~Wakefield,~~this ~~Massachusetts overseeing loan transactions totaling an average of $25 million monthly~~8-K. ~~Mr. Perry is Chief Financial Officer of Atlantic Dismantling.~~

Mr. Monalto is the President of Atlantic and has over 10 years of experience in the commercial, educational and industrial demolition and construction industries.

Neither Paul Whitford nor Toney Anaya provided written statements with respect to their resignations. Both were provided with a copy of this Current Report prior to filing and declined to provide a written statement.

The following exhibits are filed as a part of this Current Report on Form 8-K:

10.4

Agreement between the Registrant and Atlantic Acquisitions.

10.5 Consulting Agreement with Watch Harbor Asset Management, LLC, with confidentiality agreement.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this Report to be signed in its behalf by the undersigned, thereunto duly authorized.

NATURAL BLUE RESOURCES, INC.

Dated: ~~February~~June 26, 2011

By: /s/ ~~Eric~~Phil ~~Perry__________________~~Braeuning

~~Eric~~ Phil ~~Perry~~Braeuning, Chief Executive Officer

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