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10-K - DEGARO INNOVATIONS CORP FORM 10-K FOR 2012 - Blue Water Petroleum Corp.degaro-form10k2012.htm
EXCEL - IDEA: XBRL DOCUMENT - Blue Water Petroleum Corp.Financial_Report.xls
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EX-32 - SOX SECTION 906 CERTIFICATION OF THE CEO - Blue Water Petroleum Corp.degaro-section906certificati.htm
EX-31 - SOX SECTION 302(A) CERTIFICATION OF THE CEO - Blue Water Petroleum Corp.degaro-section302certificati.htm
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4. Related Party Transactions
12 Months Ended
Jul. 31, 2012
Related Party Transactions Disclosure [Text Block]

4.        Related Party Transactions


Office services are provided without charge by the sole officer and director of the Company. Such costs are immaterial to the consolidated financial statements and accordingly have not been reflected therein.


As of July 31, 2012 and 2011, the Company owes the sole director of the Company $20,874 and $7,716, respectively, for expenditures paid on behalf of the Company. The amount owed is unsecured, non-interest bearing, and has no specified repayment terms.