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EXCEL - IDEA: XBRL DOCUMENT - Blue Water Global Group, Inc.Financial_Report.xls
10-K - BLUE WATER RESTAURANT GROUP, INC. -- FORM 10-K (FISCAL 2011) - Blue Water Global Group, Inc.bluewater_form10k.htm
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EX-31 - BLUE WATER RESTAURANT GROUP, INC. -- EXHIBIT 31.2 - Blue Water Global Group, Inc.bluewater_ex312.htm
EX-21 - BLUE WATER RESTAURANT GROUP, INC. -- EXHIBIT 21.1 - Blue Water Global Group, Inc.bluewater_ex211.htm
EX-32 - BLUE WATER RESTAURANT GROUP -- EXHIBIT 32.1 - Blue Water Global Group, Inc.bluewater_ex321.htm
EX-32 - BLUE WATER RESTAURANT GROUP, INC. -- EXHIBIT 32.2 - Blue Water Global Group, Inc.bluewater_ex322.htm
EX-31 - BLUE WATER RESTAURANT GROUP, INC. -- EXHIBIT 31.1 - Blue Water Global Group, Inc.bluewater_ex311.htm
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Organization, Consolidation and Presentation of Financial Statements
12 Months Ended
Dec. 31, 2011
Organization, Consolidation and Presentation of Financial Statements  
Consolidation, Subsidiaries or Other Investments, Consolidated Entities, Policy [Policy Text Block]

NOTE 6 – Partytenders, Inc. Subsidiary

 

On October 1, 2011 we incorporated a wholly-owned subsidiary, Partytenders, Inc., in the State of Nevada.

 

Through the Partytenders subsidiary the Company intends to offer turnkey catering services to private parties and events.  The Company will provide these functions with food servers, bartenders, high-quality food selections and top-shelf spirits.

 

It was the Company’s intention to have the subsidiary operational for the 2011 holiday season.  This did not materialize and, as such, the Partytenders subsidiary did not have any operations during the period from October 1, 2011 (incorporation of Partytenders) through December 31, 2011.

 

Further, as of February 9, 2012, no shares have been issued by the Partytenders subsidiary nor have there been any further developments or operating activities.

Going Concern Note

NOTE 2 – Development Stage Activities and Going Concern

 

The Company is in the development stage and has minimal operations, and as such has devoted most of its efforts since its inception to developing its business plan, issuing common stock, attempting to raise capital, establishing its accounting systems and other administrative functions.  The Company plans on developing a chain of casual dining restaurants in popular tourist destinations throughout the Caribbean region.  Its initial restaurant is going to be called Blue Water Bar & Grill™ and will be located in St. Maarten, Dutch West Indies.  In addition, The Company intends to conduct additional capital formation activities through the issuance of its common stock to better enable it to pursue its long-term business goals.

 

While management of the Company believes that it will be successful in its planned operating activities under its business plan and capital formation activities, there can be no assurance that it will be able to successfully execute on either of these or that it will be able to generate adequate revenues to earn a profit or sustain its operations.

 

The accompanying financial statements have been prepared in conformity with accounting principles generally accepted in the United State of America, which contemplate continuation of the Company as a going concern.  The Company has not established a source of revenues sufficient to cover its operating costs, and as such, has incurred an operating loss since its inception.  Further, as of December 31, 2011, the Company had an accumulated net loss of ($147,015).  These and other factors raise substantial doubt about the Company’s ability to continue as a going concern.  The accompanying financial statements do not include any adjustments or classifications that may result from the possible inability of the Company to continue as a going concern.