$BLUU News
Post# of 487
LINK :
BLUU Equity News
This might explain the recent surge.
FIRST FEW PARAGRAPHS :
Blue Water's Initial Equity Investment Reaches Major Milestone
Jan 05, 2015
OTC Disclosure & News Service
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CANTON, Ga., Jan. 5, 2015 (GLOBE NEWSWIRE) -- Blue Water Global Group, Inc. (OTCBB:BLUU) announces that Stream Flow Media, Inc., a company that Blue Water owns an aggregate overall equity interest of approximately 19.8%, has completed and submitted the necessary Form 15c2-11 disclosure documents to its sponsoring market maker. Stream Flow anticipates receiving a listing on the OTCBB within the next three months.
Blue Water's President and CEO, J. Scott Sitra, stated, "Blue Water is very excited to see Stream Flow achieve this significant milestone. Once FINRA issues Stream Flow a trading symbol on the OTCBB, Blue Water will be able to proceed with seeking regulatory approval from the SEC and FINRA for its planned one-time stock dividend of 5,000,000, or 25%, of its Stream Flow shares." Mr. Sitra added, "In addition, this milestone reinforces Blue Water's strategy for this equity investment to be accretive to Blue Water's 2015 earnings while simultaneously strengthening Blue Water's overall balance sheet."
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