The Securities and Exchange Commission announced charges against Puerto Rico-based Back to Green Mining LLC and its two managing members, José Jiménez-Cruz and Manuel Portalatín, for their participation in a fraudulent and unregistered offering in a purported “green” mining venture. The SEC’s complaint alleges that, from August 2016 until at least 2020, Back to Green, […]
“The Plane,” the latest Hollywood feature film to be produced entirely on the island, will generate some $136 million for the local economy, including hotel stays, withholding tax payments and other investments, government and the movie’s staff confirmed. Filming began about four months ago and has moved to different locations in and outside the San […]
EnerDynamic Hybrid Technologies Corp., a Canadian company that does business in Puerto Rico, announced it has received an order for 141 storm- and earthquake-resistant homes in Arroyo, Carolina, and Vega Baja, representing $21 million in revenue. The so-called “net-zero” homes average about $150,000 and are developed with “virtually indestructible building materials powered by its ultra-light […]
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