CANTON, Ga., May 22, 2014 (GLOBE NEWSWIRE) -- Blue Water Global Group, Inc. (OTCBB:BLUU) announces that it continues to make significant progress towards opening its flagship St. Maarten, Dutch West Indies Blue Water Bar & Grill™ restaurant. This restaurant remains on schedule to open late this year for the island's tourist "season".
Key updates include:
- The architectural work continues to advance at a quick pace. Blue Water will release the final drawings/renderings in the next few weeks when it applies for the required building permits.
- Most aspects of the beachfront location have been negotiated and will be announced in the near future at which time photos will be made available via Blue Water's website and Facebook page.
Blue Water's President and CEO, J. Scott Sitra, stated, "All of Blue Water's ongoing projects continue to make significant gains, including at the restaurant division. While development of the Blue Water Bar & Grill™ may have been overshadowed by other more recent developments at Blue Water's distilled spirits division and investment division, we want to let our shareholders know that the architectural plans and landowner negotiations have been advancing quietly in the background." Mr. Sitra continued, "As we get closer to finalizing the plans and applying for our building permits, we will have more news and details that will be publicly shared with our shareholders."
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 its flagship rum Blue Water Ultra 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.