Blue Gold Beverages, Inc.

Blue Gold Beverages, Inc.

March 24, 2011 09:01 ET

Blue Gold Beverages Gets Regulatory Approval from FINRA

HOUSTON, TEXAS--(Marketwire - March 24, 2011) - 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.


This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and as such, may involve risks and uncertainties. Forward-looking statements, which are based on certain assumptions and describe future plans, strategies, and expectations, are generally identifiable by the use of words such as "believe," "expect," "intend," "anticipate," "estimate," "project," or similar expressions. These forward-looking statements relate to, among other things, expectations of the business environment in which the Company operates, projections of future performance, potential future performance, perceived opportunities in the market, and statements regarding the Company's mission and vision. The Company and all affiliated parties do not assume any duty to publicly update or revise the material contained herein.

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