BLUU Company Overview and Description
Blue Water Global Group, Inc. is a publicly held developer of casual dining restaurant properties. Blue Water is currently developing a chain of casual dining restaurants in popular tourist destinations throughout the Caribbean under the Blue Water Bar & Grill™ brand. Additionally, Blue Water is also engaged in making strategic equity investments in promising businesses that are in the early stages of obtaining their own listing on the OTCBB
Blue Water Announces Name Change and New Trading Symbol
Canton, Georgia – July 11, 2013 – Blue Water Global Group, Inc. (OTCBB: BLUU) announces that effective at the open of the market on July 12, 2013 its corporate name has been changed from Blue Water Restaurant Group, Inc. to Blue Water Global Group, Inc. Additionally, Blue Water’s trading symbol on the OTCBB has changed from “BUWR” to “BLUU”. Blue Water’s CUSIP number is 09609D107.
In conjunction with the name and trading symbol change, Blue Water is launching its new corporate website at http://www.bluewaterglobalgroup.com
BLUU Products and Services
The Blue Water Bar & Grill™ restaurant concept features a casual, open air Caribbean themed restaurant designed to offer customers a distinctive and relaxing island dining experience. Central to each restaurant will be a large covered outside patio area where customers can enjoy their drinks and food while overlooking a beautiful water view. The patio area will feature an inviting island styled walk up (and in some cases, swim up) bar and a small stage area for live musical performances by local musicians and dancing. Each restaurant will have an open aired kitchen so customers can see their food being prepared. The initial Blue Water Bar & Grill™ is presently under development on the Caribbean island of St. Maarten, Dutch West Indies.
The first Blue Water Bar & Grill™ is presently under development on the Caribbean island of St. Maarten, Dutch West Indies. Ranked #9 by U.S. News and World Report’s “Best Islands in the World”, St. Maarten is the premier Caribbean destination complemented by the Caribbean’s largest cruise ship terminal and busiest regional airport capable of accommodating planes as large as the Boeing 747. In addition, many of the world’s largest megayachts call St. Maarten “home” during the seasonal months from November to April.
BLUU recently entered into a strategic alliance with Taurus Financial Partners, LLC (“Taurus”). Through this strategic alliance Taurus will provide Blue Water with various financial consulting services and assist Blue Water with utilizing its status as a publicly traded company to conduct registered “spin-offs”. Each spin-off will result in a dividend of the spin-off business’s stock to Blue Water’s loyal shareholders while simultaneously enhancing Blue Water’s overall balance sheet. This strategic alliance is expected to yield one to two spin-offs per fiscal year.
http://finance.yahoo.com/news/blue-water-announces-strategic-alliance-130000995.html
Future Growth is huge!!!In addition to the Blue Water Bar & Grill™ presently under development in St. Maarten, Dutch West Indies, we are exploring expanding this restaurant concept to other Caribbean islands. Over the next five years we intend to open a Blue Water Bar & Grill™ restaurant on each of the following islands:
-Barbados;
-Aruba, Dutch West Indies;
-Cozumel, Mexico;
-Grand Cayman; and
-Nassau, Bahamas
BLUU Key Company Management
Quote:
CANTON, Ga., June 17, 2013 (GLOBE NEWSWIRE) -- Blue Water Restaurant Group, Inc. (BUWR) announces that it has appointed Scott Sitra to Blue Water's Board of Directors. In addition to this appointment, Mr. Sitra was appointed to the officer positions of President, Treasurer and Secretary. Michael Hume resigned from these positions as well as from the Board of Directors. Mr. Hume was subsequently appointed to the newly created position of Vice President.
Mr. Sitra brings with him 26 years of experience involving publicly traded micro-cap companies, including regulatory and compliance measures, financing, and day-to-day operations. Mr. Sitra will be immediately tasked with seeking new sources of financing and maintaining Blue Water's good standing with securities regulators. Mr. Hume will now focus his energy on accelerating the development of the Blue Water Bar & Grill(TM) brand.
Mr. Hume stated, "It is with great pleasure that Scott agreed to come on board. His involvement will relieve me from dealing with the time consuming burden of SEC filings and associated paperwork, which was monopolizing most of my time. From this point forward I will be able to focus my efforts exclusively on building restaurants which is the sole reason I founded this company."
Blue Water Restaurant Group, Inc. is a publicly held developer of casual dining restaurant properties. Blue Water is currently developing a chain of casual dining restaurants in popular tourist destinations throughout the Caribbean region under the Blue Water Bar & Grill(TM) brand.
BLUU Contact Info
202 Osmanthus Way, Canton, GA 30114
(Address of principal executive offices)
Tel: (949) 264-1475, Fax: (949) 607-4052
(Registrant’s telephone number, including area code)
Investor Relations
(949) 264-1475
ir@bluewaterrestaurantgroup.com
http://www.bluewaterrestaurantgroup.com
BLUU SEC Filings
http://www.otcmarkets.com/stock/BLUU/filings
the company’s Headline NEWS can be found @
http://finance.yahoo.com/q/h?s=BLUU+Headlines
Investigate more about BLUU @ http://www.otcmarkets.com/stock/BLUU/quote for more due diligence.
$BLUUD news just dropped! Blue Water Announces $5 Million Financing Agreement With Dutchess Capital http://finance.yahoo.com/news/blue-water-announces-5-million-120000519.html
ReplyDeleteBLUU Form 10-Q for BLUE WATER GLOBAL GROUP, INC.6-Nov-2013
ReplyDeletehttp://biz.yahoo.com/e/131106/bluu10-q.html
Common stock, $0.001 par value, 700,000,000 shares authorized;
227,031,250 and 18,000,000 shares issued and outstanding, respectively
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=9592131
$BLUU news!! Announces Acquisition of a St. Maarten Business License - 11/7/13 http://finance.yahoo.com/news/blue-water-announces-acquisition-st-130000720.html
ReplyDeleteCANTON, Ga., Nov. 7, 2013 (GLOBE NEWSWIRE) -- Blue Water Global Group, Inc. (BLUU) announces that it has acquired an active business license and two associated directors licenses in St. Maarten, Dutch West Indies. These licenses were previously owned by Mermaid Enterprises, N.V., a limited liability company that never conducted any business operations and was an empty "shell" company. These licenses are required by the government prior to opening a business to the public in St. Maarten and are now owned by Blue Water Bar & Grill, N.V., a St. Maarten limited liability company, which is also a new wholly-owned subsidiary of Blue Water.
ReplyDeleteBlue Water's President and CEO, J. Scott Sitra, stated, "We have been making tremendous strides towards opening our St. Maarten based Blue Water Bar & Grill restaurant. Obtaining these critical business licenses marks a huge step forward in Blue Water's development and potentially saved us up to 18 months in unnecessary delays through government red tape. With the barriers to entry now eliminated, we can quickly move forward with securing a restaurant location." Mr. Sitra added, "Over the past few weeks we have had advanced discussions with the owners of several suitable locations in the Simpson Bay area and anticipate being able to report additional news to our shareholders soon."
$BLUU Announces Significant Equity Investment
ReplyDeletehttp://www.stockwatch.com/News/Item.aspx?bid=U-z10060238-U%3aBLUU-20131204&symbol=BLUU®ion=U
CANTON, Ga., Dec. 4, 2013 (GLOBE NEWSWIRE) -- Blue Water Global Group, Inc. (OTCBB:BLUU) announces that it has entered into an agreement to acquire a significant equity ownership in Stream Flow Media, Inc. (www.streamflowmedia.com).
Key elements to this transaction include:
Blue Water's shares of Stream Flow are currently valued at $200,000 ($0.01 per share)
Blue Water now owns 20 million shares of Stream Flow common stock (20% overall ownership)
Stream Flow ownership position is expected to be accretive to Blue Water's 2014 and 2015 earnings
Stream Flow will be going public on the OTCBB in early 2014
Blue Water anticipates significant upside potential in its Stream Flow shares once it is publicly traded
Blue Water's President and CEO, J. Scott Sitra, stated, "We are very excited about this development. This is what we hope is the first of many such transactions under our previously announced Strategic Alliance with Taurus Financial Partners. Not only does this transaction immediately enhance Blue Water's balance sheet, but it also provides an alternative method to financing a portion of our long-term Blue Water Bar & Grill™ restaurant development plans throughout the Caribbean region."
About Stream Flow Media
Stream Flow Media, Inc. is a development stage business focused on developing online gaming and media solutions catering specifically to customer loyalty and retention applications, including corporate training solutions. Stream Flow utilizes its proprietary technology to develop applications that are specifically branded towards the client's business and unique needs. The proprietary aspects of the technology are owned exclusively by Stream Flow and are licensed to its clients on a per-use basis. These applications can be used on mobile devices, social media networks, and web-based platforms. Stream Flow is also developing its own gaming applications which will be marketed under its own brand.
About Blue Water Global Group
Blue Water Global Group, Inc. is a publicly held developer of casual dining restaurant properties. Blue Water is currently developing a chain of casual dining restaurants in popular tourist destinations throughout the Caribbean under the Blue Water Bar & Grill™ brand. Additionally, Blue Water is also engaged in making strategic equity investments in promising businesses that are in the early stages of obtaining their own listing on the OTCBB. For more information, visit www.bluewaterglobalgroup.com.
Certain statements in this release, other than statements of historical fact, may include forward-looking information that involves various risks and uncertainties. There can be no assurance that such forward-looking statements will prove to be accurate. Actual result and future events could differ materially from those anticipated in such statements. These and all subsequent written and oral forward-looking statements are based on the estimates and opinions of management on the dates they are made and expressly qualified in their entirety by this notice. Blue Water Global Group, Inc. ("Blue Water") assumes no obligation to update forward-looking statements should circumstances or management's estimates or opinions change, other than as required pursuant to applicable securities laws. For a description of additional risks and uncertainties, please refer to Blue Water's filings with the Securities and Exchange Commission, including "Risk Factors" in its Annual Report filed on Form 10-K.
CONTACT: Blue Water Global Group, Inc.
P: 949.264.1475
F: 949.607.4052
www.bluewaterglobalgroup.com
info@bluewaterglobalgroup.com
$BLUU announces that it has finalized a Letter of Intent (LOI) with a family owned distillery located on the Caribbean island of Dominica, W.I.
ReplyDeleteCANTON, Ga., Jan. 15, 2014 (GLOBE NEWSWIRE) -- Blue Water Global Group, Inc. (OTCBB:BLUU) announces that it has finalized a Letter of Intent (LOI) with a family owned distillery located on the Caribbean island of Dominica, W.I. Due to a non-disclosure provision, the family and distillery name are being withheld until a Definitive Agreement is executed, which is expected to occur within the next 90 days.
Key Highlights:
Develop and distill the three following sugarcane based rums to be sold under the Blue Water label:
1. White Rum. A clear, or "light", rum for use in mixed drinks that will be comparable to Bacardi™ Light Rum
2. Spiced Rum. A lightly spiced rum for use in mixed drinks that will be comparable to Captain Morgan™ Spiced Rum
3. Holiday Spiced Rum. A hearty spiced rum offered seasonally that will be for sipping and mixing holiday type drinks
Blue Water retains exclusive rights (inclusive of recipes and distillation process) to all privately labeled rums developed and branded under this agreement
Blue Water retains exclusive and unlimited worldwide distribution rights to its privately labeled rums
Blue Water will initially sell its rums at its Blue Water Bar & Grill™ restaurants and through its own souvenir shops
Blue Water will eventually negotiate separate distribution agreements for expanded wholesale and retail sales of its rums throughout the Caribbean Region
The distillery is prepared to plant an additional 400 acres of sugarcane in 2014 to accommodate Blue Water's rums
Blue Water's President and CEO, J. Scott Sitra, stated, "This is a groundbreaking development that we are very excited to share with our stockholders. Not only will this help us control liquor costs at our Blue Water Bar & Grill™ restaurants, but this development is a natural extension of the Blue Water brand." Mr. Sitra continued, "Initially, tourists and locals alike will be able to purchase our rums at the Blue Water Bar & Grill™ souvenir shops. However, once a stable inventory is established, we intend to sell the Blue Water rums island wide through various retail and grocery stores."
http://www.stockwatch.com/News/Item.aspx?bid=U-z10064226-U%3aBLUU-20140115&symbol=BLUU®ion=U
$BLUU audio interview with President & CEO J. Scott Sitra. The interview can be heard at http://www.qualitystocks.net/interview-bluu.php
ReplyDelete$BLUU Blue Water's shareholders dividend announcement after Stream Flow's shares begin trading on the OTCBB
ReplyDeleteCANTON, Ga., Jan. 27, 2014 (GLOBE NEWSWIRE) -- Blue Water Global Group, Inc. (BLUU) announces that its Board of Directors has authorized a one-time stock dividend of a portion of Blue Water's equity holdings in Stream Flow Media, Inc. ("Stream Flow"). This dividend will be issued to Blue Water's shareholders after Stream Flow's shares begin trading on the OTCBB. Blue Water intends to use this Stream Flow dividend as a model for future equity investments.
Dividend Highlights:
-Blue Water will dividend 25% of its Stream Flow equity holdings (5,000,000 shares) via a one-time stock dividend
-No fractional shares will be issued. Fractional share amounts will be rounded to the nearest whole amount.
-As an example, if the dividend were to be processed today, and based on Blue Water's current capital structure, shareholders would receive approximately one share of Stream -Flow for every 46 shares of Blue Water owned.
-The remaining Stream Flow shares will be sold over an 18-24 month period with the net proceeds going towards financing additional units of the Blue Water Bar & Grill(TM) restaurant concept.
Blue Water's President and CEO, J. Scott Sitra, stated, "Stream Flow has already initiated the process of becoming a public company. Last week they submitted their financial statements for audit and should be able to make their initial SEC filing sometime in the next few weeks. While it is our policy not to comment on specific price targets or valuations, we continue to believe our holdings in Stream Flow will experience significant upside growth after it begins trading on the OTCBB which will sharply enhance Blue Water's overall balance sheet. We intend to use this Stream Flow dividend as a model for future similar equity investment transactions brought to us through our Strategic Alliance with Taurus Financial Partners." Mr. Sitra continued, "So that our shareholders can better understand this entire process, we've prepared a simple-to-follow milestone schedule for Stream Flow receiving its listing on the OTCBB and, ultimately, our shareholders receiving this stock dividend."
Milestones for Stream Flow OTCBB Listing and Stock Dividend:
-Complete Audit of Financial Statements (underway)
-File Initial Form S-1 Registration Statement with the SEC (drafted)
-File Form 15c2-11 Disclosure Statement with FINRA
-Receive FINRA Approval and Trading Symbol on OTCBB
-Apply for DTC Eligibility (allows for electronic trading)
-Register Blue Water's Stream Flow Shares with the SEC on Second Form S-1 -Registration Statement (filed simultaneously with DTC Eligibility application)
-Obtain Final FINRA Approval and Specific Record Dates for Stream Flow Stock Dividend
http://finance.yahoo.com/news/blue-water-announces-stock-dividend-130000796.html
$BLUU pre-market updates to shareholders -on Pace With Its Blue Water Bar & Grill(TM) Restaurants
ReplyDeleteCANTON, Ga., Feb. 10, 2014 (GLOBE NEWSWIRE) -- Blue Water Global Group, Inc. (OTCBB:BLUU) is providing this Blue Water Bar & Grill(TM) status update to its shareholders within the scope of applicable non-disclosure agreements and Regulation FD. As previously disclosed, Blue Water is continuing its negotiations for two restaurant locations on St. Maarten, both of which are beachfront. Below are additional details about each prospective location:
Location 1 (New Construction):
-- Approximately 150 seats
-- Currently negotiating concept details and long-term land lease with
landowner
-- Landowner retained an architectural firm to prepare Blue Water Bar &
Grill(TM) blueprints for the site
-- Projected to be open in Q4 2014 around the beginning of the 2014 "high
season"
Location 2 (Existing Building):
-- Approximately 100 seats
-- Minimal renovations required (estimated one month of construction time)
-- Negotiations for long-term lease are continuing
-- Projected to be open in Q2 2014
The name, location and photos of each restaurant location will be released as soon as formal agreements have been executed with each landowner. Blue Water believes it has sufficient personnel identified and financing sources available to open both restaurant locations.
Blue Water's President and CEO, J. Scott Sitra, stated, "We are working diligently to secure both complementary premium restaurant locations in St. Maarten for our Blue Water Bar & Grill(TM) concept. In both instances we are negotiating with large, multi-national public entities, which have vision and potential of our mutual relationships." Mr. Sitra added, "It is important to note that the landowner of the undeveloped beachfront lot has retained an architectural firm at their expense to draft the Blue Water Bar & Grill(TM) blueprints tailored to this site, which speaks volumes about our concept and business direction. We have already met with the architectural firm and they have begun the drafting process pursuant to our design specifications."
http://www.stockwatch.com/News/Item.aspx?bid=U-z10067541-U%3aBLUU-20140210&symbol=BLUU®ion=U
$BLUU Blue Water Announces Early Repayment of Asher Note in Full 2/11/14 http://www.stockwatch.com/News/Item.aspx?bid=U-z10067821-U%3aBLUU-20140211&symbol=BLUU®ion=U
ReplyDelete$BLUU - Small Cap Reporter interview with BLUU CEO, J. Scott Citra http://seekingalpha.com/instablog/10425141-small-cap-reporter/2690673-executive-interview-blue-water-global-group-ceo-j-scott-citra
ReplyDelete$BLUU - Blue Water Signs LOI for Second Significant Equity Investment
ReplyDeleteBlue Water to Acquire a Net 15% Interest in Next Level Hockey
CANTON, Ga., May 2, 2014 (GLOBE NEWSWIRE) -- Blue Water Global Group, Inc. (OTCBB:BLUU) announces that it has executed a Letter of Intent to acquire a significant equity position with Next Level Hockey, LLC ("Next Level"), a privately held company seeking a public listing on the OTC Bulletin Board ("OTCBB"). This will be the second such equity investment in a private company making the transition to a publicly traded company.
Key elements to this investment include:
-- The Next Level transaction will essentially mirror Blue Water's December
2013 investment in Stream Flow Media, Inc.
-- Blue Water will own a net 15% equity interest in Next Level when it goes
public on the OTCBB
-- The Next Level investment is expected to be accretive to Blue Water's
2014, 2015 and 2016 earnings
-- Next Level is anticipated to obtain a listing on the OTCBB in Q1 2015
-- Blue Water anticipates significant upside potential in its Next Level
shares once it is listed on the OTCBB
-- A definitive agreement is expected to be executed by all parties within
the next 30 - 60 days
Blue Water's President and CEO, J. Scott Sitra, stated, "We are continuing to execute on all aspects of our three-pronged business plan. This is the second such equity investment in the past few months resulting from our previously announced Strategic Alliance with Taurus Financial Partners. Once consummated, this transaction will immediately enhance Blue Water's balance sheet and increase overall shareholder value." Mr. Sitra continued, "The procedures and net benefits to Blue Water and its shareholders will be very similar in nature to the Stream Flow Media, Inc. investment, which is presently under review by the Securities and Exchange Commission."
About Next Level Hockey
Next Level Hockey, LLC is a rapidly growing company in the sports training industry. Next Level currently has three successful hockey concentric training centers and has plans to expand into new locations throughout the Northeast. Next Level's facilities are located in large, competitive ice arenas where they are able to cater to the needs and training requirements of amateur hockey leagues. For more information, visit www.nextlevelhockey.com
http://www.stockwatch.com/News/Item.aspx?bid=U-z10079545-U%3aBLUU-20140502&symbol=BLUU®ion=U