CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Toyota’s Surprise CEO Change Signals Strategic Shift Amid Global Auto Turmoil 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Trump Backs Nexstar–Tegna Merger Amid Shifting U.S. Media Landscape 
Baidu Approves $5 Billion Share Buyback and Plans First-Ever Dividend in 2026 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
Hims & Hers Halts Compounded Semaglutide Pill After FDA Warning 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
OpenAI Expands Enterprise AI Strategy With Major Hiring Push Ahead of New Business Offering 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
Once Upon a Farm Raises Nearly $198 Million in IPO, Valued at Over $724 Million 
SoftBank Shares Slide After Arm Earnings Miss Fuels Tech Stock Sell-Off 
Uber Ordered to Pay $8.5 Million in Bellwether Sexual Assault Lawsuit 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
MIAMI, Oct. 10, 2016 -- Blue Water Bar & Grill, Inc. (OTCQB:BWBG), a diversified developer of Caribbean casual dining restaurant properties and ultra premium rums under the Tiger Reef™ brand, announces it has established a new International Business Company (IBC) subsidiary in Anguilla, British West Indies. This new holding company was established under the name TIGER REEF SPIRITS, LTD.
Tiger Reef Spirits, Ltd. will produce and sell a line of ultra premium rums under the Tiger Reef™ brand in the US as early as Summer 2017 with planned expansion of the brand into other major markets in subsequent years.
Blue Water chose to domicile its new distilled spirits division in Anguilla to take advantage of various corporate benefits offered through an Anguilla IBC, including a zero corporate tax rate and various beneficial liability and indemnification protections extending to Blue Water’s shareholders and employees. Blue Water is also evaluating the feasibility of redomiciling the publicly traded parent company (BWBG) in the future to Anguilla as well.
About Blue Water Bar & Grill
Blue Water Bar & Grill, Inc. is a diversified developer of Caribbean casual dining restaurant properties under the Blue Water Bar & Grill™ brand and ultra premium rums under the Tiger Reef™ brand. For more information, visit www.bluewaterbar.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 Bar & Grill, 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.
Investor Relations 949.264.1475 [email protected]
