Blue Water Announces Its Stock is Now DTC DWAC/FAST Eligible
18 November 2013 - 2:00PM
Blue Water Global Group, Inc. (OTCBB:BLUU) announces that the
Depository Trust Corporation (DTC) has approved Blue Water's common
stock for DWAC/FAST transfer through Blue Water's transfer agent,
VStock Transfer, LLC. With this newly approved stock transfer
capability, Blue Water's shareholders can now transfer their shares
of Blue Water electronically after buying or selling on the open
market without the extra expense and delay resulting from the
redundant process of requesting and transferring physical
certificates.
Benefits to Blue Water's shareholders as a result of becoming
DWAC/FAST approved include reducing the time from weeks to hours
for stock deposits and withdrawals into brokerage accounts while
eliminating the inherent risks associated with the loss and
replacement of physical stock certificates. Another side
benefit is companies that are approved for DWAC/FAST electronic
transfers often experience higher trading volumes in their stock
given the additional accessibility and availability of shares for
trading.
Blue Water's President and CEO, J. Scott Sitra, stated, "We are
pleased to share this corporate development with our
shareholders. Not only does becoming DWAC/FAST eligible
provide our existing investors with new efficiencies – both in cost
and time savings – but it should aid in facilitating more trading
in the open market and help increase overall shareholder liquidity
in Blue Water's stock."
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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