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  • Supported By Strong 2013, Blue Water Global Group (BLUU) Plans For Big 2014 1 comment
    Jan 15, 2014 10:12 AM | about stocks: BLUU

    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 (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.

    For more information, visit bluewaterglobalgroup.com

    QualityStocks provides investor relations services to publicly traded companies in exchange for compensation. This article may be part of our efforts to widen a client's exposure. To read our full disclaimer, visit http://disclaimer.qualitystocks.net

    Stocks: BLUU
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  • RJM2
    , contributor
    Comments (1046) | Send Message
     
    Clearly you are a paid tout. And your disclosure is NOT SUFFICIENT.

     

    Ask Sitra about poor disclosure.

     

    This is a VERY SKETCHY and DUBIOUS company. The reason? They keep some very unsavory company. Here's what I found, one of the largest shareholders with 24.8% of the company was under SEC investigation in 1999 for some really shady dealings. J. Scott Sitra is the owner of Taurus Financial Partners, LLC who set Blue Water Restaurant Group in motion with it's public filing.

     

    J. Scott Sitra is the sole owner and control person of Taurus Financial Partners, LLC.

     

    " J. Scott Sitra and Stag Financial Group. Mr. Sitra has had an SEC complaint filed against him in 1999 and settled with the SEC in 2000 in Case No. W-98-CA-352, brought in Waco, Texas. This fact was not disclosed to BioTech and Houser and was fraudulently withheld from BioTech and Houser by Barnett and now Jones in this instant action. The SEC complaint stated:

     

    “Sitra published favorable promotional information about Great White in exchange for cash and stock. Sitra spoke glowingly about Great White and encouraged investors to purchase its stock, while never disclosing his compensation arrangement with it. Sitra took advantage of the market interest his promotions created and sold his stock into the market contrary to his recommendations.”

     

    “Sitra was permanently enjoined from violations of Sections 17(a) and (b) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder. Sitra was ordered to pay disgorgement and prejudgment interest of $12,767 and a civil money penalty of $12,767.”
    25 Jun 2015, 08:39 AM Reply Like
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