Today before the opening bell, QualityStocks announced that a new audio interview with Blue Water Global Group, Inc. (OTCBB: BLUU) president and CEO J. Scott Sitra has been published online. The entire interview can be heard at http://www.qualitystocks.net/interview-bluu.php.
Blue Water Global Group is focused on developing a chain of restaurants throughout the Caribbean region under the Blue Water Bar & Grill™ brand, a restaurant concept that features a casual Caribbean themed atmosphere designed to provide a distinctive and relaxing island dining experience. In addition to its restaurant development activities, Blue Water is also engaged in making strategic equity investments in promising companies that are in the early stages of becoming publicly traded on the OTC Bulletin Board.
In the QualityStocks interview, Sitra explains that while tourism to the Caribbean is tremendous, the region is full of low-quality yet pricey eating establishments. Blue Water’s goal is to fill this void, starting with a target location on the island of St. Maarten and, as part of the company’s future expansion goals, also in Nassau, Cozumel Aruba, Barbados and Grand Cayman.
“We’re going to try to provide the tourists what they’re seeking as far as experience and quality of everything,” says Sitra. ” … Blue Water Bar & Grill is primarily focused on popular tourist and cruise ship destinations that also have strong local economies, which can provide us with a consistent stream of revenue even during the low season.”
Achieving this goal requires strong leadership. Sitra has 26 years of experience with small public companies and regulatory compliance, and earlier this year joined Blue Water to guide the company’s business and concept development and to ensure compliance in expansion initiatives.
Sitra is also CEO of private consulting firm Taurus Financial Partners, which specializes in taking private companies public on the OTCBB. Sitra discusses how the firm’s expertise is highly complementary to Blue Water’s business objectives.
“Through the associations I have cultivated at Taurus I am able to use those and move Blue Water forward with its business goals and ambitions,” says Sitra.
Among other recent achievements, which Sitra explains in the interview, Blue Water recently acquired an active business license and two active associated directors’ licenses in St. Maarten, Dutch West Indies, all of which are required to start a business to the public.
Looking ahead, Sitra notes several items on the companies agenda, including its near-future plans to sign a lease and start renovations for its Blue Water Bar & Grill with an anticipated opening in the first quarter of 2014.
“We are continuing to have meetings and develop strategic relationships and partnerships with the island’s government, its tourist bureau, cruise ship decision makers and others who are instrumental in helping move Blue Water’s business agenda forward,” concludes Sitra.
For more information, visit www.bluewaterglobalgroup.com
Let us hear your thoughts: Blue Water Global Group, Inc. Message Board
