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Blue Gold Beverages Gets Regulatory Approval from FINRA
9:02a ET March 24, 2011 (Market Wire)
Blue Gold Beverages, Inc. (PINK SHEETS: BGBV) is pleased to announce that on March 15, 2011 the company's filing through Capital Path Securities, LLC pursuant to FINRA Rule 6432 and Rule 15c2-11 under the Securities Exchange Act of 1934 was given clearance upon review by FINRA. This was the last action required for the company to become fully trading on the Pink Sheets quotation platform.
It is the intention of Blue Gold Beverages, Inc. to take steps within the next six months to apply for trading as a fully reporting company on the OTC Bulletin Board and trading as an OTCQB level company.
Daniel Solomita, President and CEO stated, "The company is extremely pleased to receive this regulatory clearance. While the company's revenues and business plan grow we will take actions necessary to become a fully reporting company. We look forward to announcing our operational progress and strategic corporate actions in the very near future."
ABOUT THE COMPANY: Blue Gold Beverages, Inc. is a leading high end producer of private label water and specialty beverages in North America. Some of our products include all natural sodas, teas, non-alcoholic wine coolers and energy drinks. Blue Gold Beverages head office situated in Montreal, Quebec, Canada, we use 3rd party bottling plants strategically located across North America depending on the geographical location of our clients. With the recent acquisition of TY Recycling, Blue Gold Beverages has entered into the polymer Recycling business, selling PET and Nylon waste. This is in-line with the company's strategy of becoming environmentally responsible by eliminating its carbon footprint, and increasing shareholder value.
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