News on your favorite shows, specials & more!

Blue Water Prepares for Rum Distribution, Secures Warehouse

By: Dec. 09, 2014
Enter Your Email to Unlock This Article

Plus, get the best of BroadwayWorld delivered to your inbox, and unlimited access to our editorial content across the globe.




Existing user? Just click login.

Blue Water Global Group, Inc. (OTCBB:BLUU) announces that it has secured a warehouse in St. Maarten, Dutch West Indies to store and facilitate the regional sale and distribution of its line of premium rums as well as retail merchandise for its Blue Water Bar & Grill presently under development on the island.

Key Aspects Include:

  • Warehouse area is protected with 24-hour security, surveillance cameras, and a perimeter razor wire topped fence.
  • Initially the warehouse will be used to store Blue Water Ultra Premium Rum and Blue Water Caribbean Gold Premium Rum.
  • Use will be expanded to store reserve merchandise such as t-shirts, beach towels, drink koozies, etc. for the St. Maarten Blue Water Bar & Grill restaurant.

Blue Water's President and CEO, J. Scott Sitra, stated, "The securing of this warehouse is an important logistical step for both our distilled spirits and restaurant divisions. Our initial shipment of rum bottles from our Chinese manufacturer should be delivered to the bottling facility in Santo Domingo, Dominican Republic sometime next week. As such, we needed to secure sufficient warehouse space to receive our initial inventory of approximately 20,000 liters of premium rum in St. Maarten while providing enough expansion space for future growth. This warehouse satisfies these requirements." Mr. Sitra added, "In addition, and because we will have limited on-site storage space at our St. Maarten Blue Water Bar & Grill, we will be able to utilize a portion of this warehouse to store bulk purchased retail merchandise for the restaurant's boutique gift shop."

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 aged 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 results 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.

Investor Relations 949.264.1475



Comments

To post a comment, you must register and login.



Videos