Blue Water Global Group, Inc. (BLUU) Acquires Sign
Post# of 88
Blue Water Global Group, Inc. (BLUU) Acquires Significant Equity Investment in Stream Flow Media, Inc.
Blue Water Global Group, a strategic investor in promising businesses in the early stages of obtaining an OTCBB listing and a developer of casual dining restaurants in the Carribean, announced today that it has acquired 20% interest in Stream Flow Media, a developer of online gaming and media solutions specifically related to customer loyalty and retention applications.
Blue Water’s 20 million shares of Stream Flow are valued at $200,000 ($0.01 per share). The company sees future growth potential in its ownership position in Stream Flow. In 2014 and 2015, Blue Water expects Stream Flow to be profitable, which will add to its own income. In early 2014, Stream Flow will also be going public on the OTCBB and Blue Water expects significant growth in its shares of the company, once it is public.
J. Scott Sitra, Blue Water’s President and CEO, was excited about the acquisition and expressed his hope that this would be the first of many similar transactions under its strategic alliance with Taurus Financial Partners. He added that the deal would not only improve Blue Water’s bottom line but that it would also offer additional financing options for the company’s long-term plans to develop its Blue Water Bar & Grill restaurant brand throughout the Carribean.
For more information, visit www.bluewaterglobalgroup.com