Blue Water Global Group Inc fka BLUU

[jrosa006]

Update on chapter 11 proceedings

We sent out the following alert on BLUU yesterday and it mentions "hit and miss" on toxic finance activities.

TGRR is a miss (in a good way) meaning that since the issuer entered into Chapter 11 no toxic debt conversion has taken place and henceforth no filing is being anticipated. All trading activity is natural in our opinion without any outside influence as aforementioned.

BLUU we are engaged in a tug of war attempting to compel the financier to disclose their actions. On a positive side note notwithstanding that BLUU creditors are entitled (due to a loophole) to receive over 1,2 billion shares we have managed to settle with them for less than 250 million shares. It can be said that BLUU did not suffer a direct hit but a brush/scrape.