Blue Gold Beverages, Inc.

Blue Gold Beverages, Inc.

November 15, 2011 09:00 ET

Recycling of Industrial Polymers Shaping the Future of Blue Gold Beverages With Important Municipal Government Contract

HOUSTON, TEXAS--(Marketwire - Nov. 15, 2011) - Blue Gold Beverages, Inc. (PINK SHEETS:BGBV) Blue Gold Beverages, has completed its due diligence and is ready to move to the next phase of the contract in place with the City of Loyalist Township, in Ontario Canada, to extract 15,900 tons of clear Polyethylene Terephthalate (P.E.T) waste fiber from the Violet Road Landfill. The company has agreed to pay the city a royalty of $0.011 per kilogram for the PET removed. The PET follows the same procedure as the commercial grade type 66 Nylon as it is cleaned, refined and pelletized and can then be sold for approximately $650 per ton; bringing the total value of the PET to over $10,335,000.

Blue Gold Beverages is also in negotiations with other landfill sites across North America for the rights to recover commercial grade Type 66 Nylon fiber and Polyethylene Terephthalate. The potential value of the nylon waste once cleaned, refined, reground, and pelletized is estimated well into the tens of millions of dollars according to prices as listed on under the Recycling Exchange Listings for Nylon and Nylon Fiber. There is a high global demand for this refined Type 66 Nylon fiber, most of which stemming from Asian and Indian markets.

Blue Gold Beverages recycling business is shaping the company's future. Originally started as an eco-friendly compliment to the beverage business, the recycling business is driving profits and revenue and will be the major force in increasing shareholder value.

ABOUT THE COMPANY: Blue Gold Beverages wholly owned subsidiary, TY Recycling specializes in the cleaning, processing and recycling of thermoplastic polymers such as Polyethylene Terephthalate and Type 66 Nylon waste. This is in-line with the company's strategy of becoming environmentally responsible by eliminating its carbon footprint, and increasing shareholder value. Blue Gold Beverages, Inc. through its recent acquisition of Epic Nutrition is a leading producer of 2 ounce specialty drinks and energy bars such as NRG Shots and PitBull energy bars, please visit our website for more details.


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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