Blue Water Investment Achieves Significant Milestone
12 3월 2014 - 9:00PM
Blue Water Global Group, Inc. (OTCBB:BLUU) announces the successful
realization of the first set of significant milestones towards
developing and profiting from its Stream Flow Media, Inc.
("
Stream Flow") equity investment. On March 11,
2014 Stream Flow completed its required 2013 PCAOB audit and filed
its Initial Registration Statement with the SEC on Form S-1. Stream
Flow remains on schedule to have its common stock listed on the
OTCBB this year. After Stream Flow's OTCBB listing, Blue Water's
shareholders will receive a special one-time stock dividend of
5,000,000 Stream Flow shares.
Remaining Milestones for Stream Flow OTCBB Listing and Stock
Dividend:
- SEC Completes Its Review and Declares Stream Flow's Form S-1
"Effective" (In Progress)
- File Form 15c2-11 Disclosure Statement with FINRA
- Receive FINRA Approval and Trading Symbol on OTCBB
- Apply for DTC Eligibility (Required for Electronic
Trading)
- Register Blue Water's Stream Flow Shares with the SEC on
Subsequent Form S-1 Registration Statement (To Be Filed
Simultaneously with DTC Eligibility Application)
- Obtain Final FINRA Approval and Specific Record Dates for
Stream Flow Stock Dividend
Blue Water's President and CEO, J. Scott Sitra, stated, "Our
shareholders will be pleased to know that the development of our
Stream Flow asset is on schedule and progressing exactly as we
previously disclosed. We continue to believe our holdings in Stream
Flow have significant upside potential once it begins trading on
the OTCBB, which will not only enhance Blue Water's balance sheet,
but will be shared with our shareholders in the form of a special
one-time stock dividend." Mr. Sitra continued, "In addition to the
recent developments at Stream Flow, we are continuing to evaluate
new significant equity investments in other private companies
interested in obtaining a listing on the OTCBB."
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. For more information, visit
www.streamflowmedia.com.
About Blue Water Global Group
Blue Water Global Group, Inc. is a publicly held developer of
casual dining restaurant properties and premium distilled spirits.
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 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: Investor Relations Contact
Craig Fischer
786.375.0556
ir@bluewaterglobalgroup.com
Blue Water Global (CE) (USOTC:BLUU)
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