Blue Water Announces Forward Stock Split Record Dates
23 September 2013 - 2:00PM
Blue Water Global Group, Inc. (OTCBB:BLUU) announces that the
Financial Industry Regulatory Authority (FINRA) has completed its
review of our pending 10-for-1 forward stock split and has
confirmed the record date for this split will be September 27, 2013
and the effective date will be September 30, 2013. This means that
Blue Water's common stock will begin trading on a split-adjusted
basis on the morning of September 30, 2013 and shareholders of
record as of September 27, 2013 will then own ten shares for every
share previously owned.
Blue Water's stock symbol for a period of 20 business days
beginning on September 30, 2013 will be "BLUUD". Afterwards, the
trading symbol will revert back to "BLUU". In conjunction with
this, a new CUSIP number of 09609D206 has been assigned to Blue
Water's common stock effective starting on September 30, 2013.
The forward split will be "payable upon surrender" of
outstanding common stock. Shareholders are not required to do
anything at this time. For shareholders holding their shares with
brokers, the Depository Trust Company (DTC) has been notified of
the split and will adjust each shareholder's position
automatically. For shareholders holding their shares in certificate
form, the split is payable when their certificates are returned to
Blue Water's transfer agent, VStock Transfer, LLC
(www.vstocktransfer.com).
Presently Blue Water has 22,703,125 shares of its common stock
issued and outstanding. After effecting this forward stock split
Blue Water will have approximately 227,031,250 shares of common
stock issued and outstanding.
Blue Water's President and CEO, J. Scott Sitra, stated, "Moving
forward this forward stock split rewards our existing loyal
shareholders and should make our shares of common stock more
attractive to a wider array of investors, resulting in improved
daily bid/ask spreads, overall liquidity, and faster price
appreciation. In addition, once this stock split is fully enacted
we will implement a program to increase general investor awareness
of Blue Water's business, which should also benefit our current
shareholders."
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.
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
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