Blue Water Announces Significant Equity Investment
04 Dezember 2013 - 2:00PM
Blue Water Global Group, Inc. (OTCBB:BLUU) announces that it has
entered into an agreement to acquire a significant equity ownership
in Stream Flow Media, Inc. (www.streamflowmedia.com).
Key elements to this transaction include:
- Blue Water's shares of Stream Flow are currently valued at
$200,000 ($0.01 per share)
- Blue Water now owns 20 million shares of Stream Flow common
stock (20% overall ownership)
- Stream Flow ownership position is expected to be accretive to
Blue Water's 2014 and 2015 earnings
- Stream Flow will be going public on the OTCBB in early
2014
- Blue Water anticipates significant upside potential in its
Stream Flow shares once it is publicly traded
Blue Water's President and CEO, J. Scott Sitra, stated, "We are
very excited about this development. This is what we hope is the
first of many such transactions under our previously announced
Strategic Alliance with Taurus Financial Partners. Not only
does this transaction immediately enhance Blue Water's balance
sheet, but it also provides an alternative method to financing a
portion of our long-term Blue Water Bar & Grill™ restaurant
development plans throughout the Caribbean region."
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.
About Blue Water Global Group
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. 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: Blue Water Global Group, Inc.
P: 949.264.1475
F: 949.607.4052
www.bluewaterglobalgroup.com
info@bluewaterglobalgroup.com
Blue Water Global (CE) (USOTC:BLUU)
Historical Stock Chart
Von Jun 2024 bis Jul 2024
Blue Water Global (CE) (USOTC:BLUU)
Historical Stock Chart
Von Jul 2023 bis Jul 2024
Echtzeit-Nachrichten über Blue Water Global Group Inc (CE) (OTCMarkets): 0 Nachrichtenartikel
Weitere News-Artikel