Wellsburg Street #7, Cole Bay, St. Maarten, Dutch West Indies
(Address of principal executive offices and zip code)
Tel: (949) 264-1475, Fax: (949) 607-4052
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule I4a-12 under the Exchange Act (17CFR240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Forward Looking Statements
This Form 8-K and other reports filed by the Registrant from time to time with the Securities and Exchange Commission (collectively, “Filings”) contain or may contain forward looking statements and information that are based upon beliefs of, and information currently available to, our management as well as estimates and assumptions made by our management. When used in the filings the words “anticipate”, “believe”, “estimate”, “expect”, “future”, “intend”, “plan” or the negative of these terms and similar expressions identify forward looking statements as they relate to our business or our management. Such statements reflect management’s current view of our business with respect to future events and are subject to risks, uncertainties, assumptions and other factors (including the risks contained in the section of our Annual Report filed on Form 10-K entitled “Risk Factors”) relating to our industry, operations and results of operations, and other relevant aspects of our business. Should one or more of these risks or uncertainties materialize, or should the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended or planned.
Although we believe the expectations reflected in the forward looking statements are reasonable, we cannot guarantee future results, levels of activity, performance or achievements. Except as required by applicable law, including the securities laws of the United States, we do not intend to update any of the forward-looking statements contained within this Form 8-K and elsewhere.
Item 3.02
Unregistered Sales of Equity Securities
Adar Bays, LLC (December 22, 2014 Note)
On October 27, 2015 Blue Water Global Group, Inc. (“Blue Water”) received a Notice of Conversion in the amount of $2,161 and issued 39,290,909 shares of its common stock, $0.001 par value, at an applicable conversion rate of $0.000055 a share pursuant to the Adar Bays, LLC convertible note described in detail the Form 8-K filed with the SEC on December 23, 2014.
On October 28, 2015 Blue Water received a Notice of Conversion in the amount of $1,444 and issued 26,254,545 shares of its common stock, $0.001 par value, at an applicable conversion rate of $0.000055 a share pursuant to the Adar Bays, LLC convertible note described in detail the Form 8-K filed with the SEC on December 23, 2014.
The remaining principal balance on this note is $7,910.00.
Union Capital, LLC (Blue Citi Replacement Note)
On October 28, 2015 Blue Water received a Notice of Conversion in the amount of $2,400 and issued 44,372,727 shares of its common stock, $0.001 par value, at an applicable conversion rate of $0.000055 a share pursuant to the Union Capital, LLC convertible note described in detail the Form 8-K filed with the SEC on August 17, 2015.
The remaining principal balance on this note is $43,407.00.
LG Capital Funding, LLC (December 22, 2014 Back End Note)
On October 28, 2015 Blue Water received a Notice of Conversion in the amount of $2,400 and issued 44,372,727 shares of its common stock, $0.001 par value, at an applicable conversion rate of $0.000055 a share pursuant to the LG Capital Funding, LLC convertible note described in detail the Form 8-K filed with the SEC on December 23, 2014.
The remaining principal balance on this note is $85,485.
As of October 28, 2015, Blue Water had 1,051,763,387 shares of its common stock issued and outstanding.
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Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
BLUE WATER GLOBAL GROUP, INC.
Dated: October 28, 2015
By:
/s/ J. Scott Sitra
J. Scott Sitra
President and Chief Executive Officer
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