QualityStocks would like to highlight QualityStocks would like to highlight Blue Water Global Group, Inc. (
OTCQB: BLUU), focused on developing a chain of restaurants throughout the Caribbean region under the Blue Water Bar & Grill™ brand. In addition to its restaurant development activities, Blue Water is also engaged in making strategic equity investments in promising companies that are in the early stages of becoming publicly traded on the OTC Bulletin Board.
In the company’s news,
Blue Water Global Group, a developer of casual dining restaurant properties, issued a news release listing the company’s 2013 accomplishments and corporate goals for 2014. The previous 12 months reflect Blue Water’s efforts to establish a presence on the Island of St. Maarten in the Caribbean, and the company wishes to highlight the following achievements in doing so:
• Saved up to 18-months in permit application red tape by acquiring existing St. Maarten Business Licenses, which are now owned by its new Blue Water Bar & Grill, N.V. subsidiary
• Blue Water acquired 20 million shares of Stream Flow Media which are currently valued at $200,000 ($0.01 per share)
• Underwent extensive due diligence and feasibility studies on several prime restaurant locations in St. Maarten
• Established a $5 million credit facility with Dutchess Capital
• Shares of BLUU were approved for DTC’s electronic DWAC/FAST trading and transfer platform
• Developed a network of St. Maarten tourism contacts within the cruise ship and hotel/resort industries
• St. Maarten experienced record tourism in 2013, receiving 1,785,670 cruise ship passengers via 631 different cruise ships
“Looking back 2013 was Blue Water’s best year yet, but we are even more excited about Blue Water’s 2014 prospects. Not only did we build a solid foundation to achieve our long-term business goals and ambitions, but we began the process of building solid, tangible long-term shareholder value,” Blue Water president and CEO J. Scott Sitra stated in the news release.
In providing its operational objectives for 2014, Blue Water’s plans include finalizing restaurant location negotiations for Blue Water Bar & Grill™ in St. Maarten; completing the renovation and construction at the chosen site(s); obtaining a listing on the OTCBB for Stream Flow Media; launching the Blue Water Bar & Grill™ website (www.bluewaterbar.com); acquiring an equity stake in at least one other strategic alliance; boosting St. Maarten’s position as a major tourist destination; and initiating prospective expansion restaurant locations scouting on Aruba, Dutch West Indies.
The company said it will also undertake other initiatives that it expects will enhance overall shareholder value and build the Blue Water brand.
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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
