Blue Water Expands Rum Line with Caribbean Gold(TM) Spiced Rum
July 09 2014 - 8:00AM
Blue Water Global Group, Inc. (OTCBB:BLUU) announces that it has
expanded its rum lineup with the introduction of the
Blue
Water Caribbean Gold™ Premium Rum. Blue Water Caribbean
Gold™ is a light spiced rum (35% alcohol/volume) developed to
complement the flagship Blue Water Ultra Premium Rum™. Both
rums will be launched simultaneously for retail sale later this
summer on the island of St. Maarten, Dutch West Indies.
In an update to previous disclosures, production and bottling of
both rums – as well as future rums under development – has been
moved and will now be conducted in the Dominican Republic with the
high-end luxury bottles being manufactured in China.
Blue Water's President and CEO, J. Scott Sitra, stated, "It is
with great excitement that we introduce our second rum to the
public. Blue Water Caribbean Gold™ Premium Rum is a delicious
and extremely smooth naturally spiced rum that we believe will be
well received by the retail market as a complementary product to
our Blue Water Ultra Premium Rum™." Mr. Sitra continued, "We
have also determined it is in Blue Water's best financial interest
to produce and bottle its rums in the Dominican Republic versus the
originally planned island of Dominica. The cost and economies
of scale are much better and will enable us to have a lower retail
price point while maintaining a healthy profit
margin. Additional details of the supply chain will be shared
with our shareholders once we initiate large scale production later
this month."
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 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 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: Investor Relations Contact
Craig Fischer
786.375.0556
ir@bluewaterglobalgroup.com
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