Blue Water Engages New York Investment Firm
22 7월 2014 - 9:00PM
Blue Water Global Group, Inc. (OTCBB:BLUU) announces that it has
engaged Madison Park Advisors, LLC, which manages the Madison Park
Investment Fund, for financial advisory services and to provide
long-term non-toxic financing to Blue Water.
Key Aspects Include:
- Madison Park is committed to provide Blue Water with a minimum
of $500,000 in new capital this year to complete the Blue Water Bar
& Grill™ currently under development in St. Maarten,
D.W.I.
- Madison Park's initial investment tranche of $250,000 will be
through a registered transaction.
- All new equity issuances will be at a market-based fixed price
and non-toxic.
- No toxic convertible or derivative styled debt (or other
securities) will be issued in conjunction with this financing.
- Madison Park engagement can be expanded to provide additional
new capital for the planned expansion Blue Water Bar & Grill™
restaurant in Aruba.
Blue Water's President and CEO, J. Scott Sitra, stated, "We are
pleased to welcome Madison Park Advisors on board and to let our
shareholders know that we now have the financial backing of a
proper investment firm and all future financing will be non-toxic
and shareholder friendly." Mr. Sitra added, "Our Blue Water Bar
& Grill™ concept has attracted significant interest in the
financial community. With the engagement of Madison Park Advisors
we can now focus on completing our St. Maarten Blue Water Bar &
Grill™ and start the planning process for the Aruba
restaurant."
Lawrence Adams, Senior Partner at Madison Park, stated, "We are
pleased to provide the capital required for the first restaurant
build out and look forward to a long-term relationship with Blue
Water. We are committed to provide registered financing
transactions in the micro-cap space and are launching this model
with Blue Water through the Madison Park Investment Fund. Madison
Park believes it is an alternative to the existing, highly dilutive
financial instruments flooding the market space today."
About Madison Park Advisors
Madison Park Advisors is a boutique advisory services firm that
is dedicated to assisting micro-cap companies secure financing
through structured, non-toxic transactions that allows client
companies to grow their businesses without compromising their
capital structure. For more information, visit
www.madisonparkadvisors.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 and a line of
premium rums which include the flagship rum Blue Water Ultra
Premium Rum™ and spiced Blue Water Caribbean Gold™ Premium Rum.
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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