CANTON, Ga., Feb. 27, 2014 (GLOBE NEWSWIRE) -- Blue Water Global Group, Inc. (OTCBB:BLUU) reports that it has made significant progress towards negotiating the terms of a definitive agreement for the distillation of privately labeled rums with a family owned distillery located on the Caribbean island of Dominica, West Indies. Blue Water anticipates all parties will execute the definitive agreement in late March 2014.
Blue Water further announces that it has retained Andreas Karlsson, an acclaimed New York Art Director, to design a high-end bottle for Blue Water's rums. Mr. Karlsson's portfolio includes work for brands such as Reebok, Johnson-Johnson, Red Bull, "Cocoa Mama Wild Island Rum", "Paris Natural Energy Drink" and many others. His skills include branding, conceptualization, logotypes, illustrations and web design. Please visit www.andreasluchini.com for more information about Mr. Karlsson.
Blue Water's President and CEO, J. Scott Sitra, stated, "Since announcing our Letter of Intent last month, we have been working closely with our Dominican distillery to develop our privately labeled rum product line. We are very excited to report that our on-site meetings over the last few days have resulted in a consensus on the majority of the details surrounding our working relationship. Once we are able to finalize the remaining logistical details, particularly bottle design and sourcing, we will be able to finalize the definitive agreement and commence the distillation process." Mr. Sitra continued, "To that end we have retained a well known art director to design a high-end bottle for our luxury rums."
About Blue Water Global Group
Blue Water Global Group, Inc. is a publicly held developer of casual dining restaurant properties. 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. 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.
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Source: Blue Water Global Group, Inc.