Blue Water Global (BLUU) S-1 10 Oct 13 2013 FY IPO registration Financial data

Document_and_Entity_Informatio

Document and Entity Information (USD $)	6 Months Ended
	Jun. 30, 2013	Oct. 04, 2013
Document and Entity Information:
Entity Registrant Name	Blue Water Global Group, Inc.
Document Type	S-1
Document Period End Date	30-Jun-13
Amendment Flag	FALSE
Entity Central Index Key	1516332
Current Fiscal Year End Date	-19
Entity Common Stock, Shares Outstanding		227,031,250
Entity Public Float		$1,416,000
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	No
Entity Voluntary Filers	Yes
Entity Well-known Seasoned Issuer	Yes
Document Fiscal Year Focus	2013
Document Fiscal Period Focus	FY

Balance_Sheets

Balance Sheets (USD $)	Jun. 30, 2013	Dec. 31, 2012
Assets, Current
Cash and equivalents	$146	$30,299
Accounts receivable	10,000
Assets	10,146	30,299
Liabilities, Current
Accounts payable	191,511	133,865
Liabilities	191,511	133,865
Stockholders' (deficit)
Common Stock, Value, Issued	22,700	18,000
Additional Paid in Capital, Common Stock	567,300	102,000
(Deficit) accumulated during the development stage	-301,365	-223,566
Receivable from Shareholders or Affiliates for Issuance of Capital Stock	470,000
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest	-181,365	-103,566
Total liabilities and stockholders' (deficit)	10,146	30,299
Stockholders' Equity, Number of Shares, Par Value and Other Disclosures
Preferred Stock, Shares Authorized	5,000,000	5,000,000
Common Stock, Shares Authorized	70,000,000	70,000,000
Common Stock, Shares Issued	22,700,000	18,000,000
Common Stock, Shares Outstanding	22,700,000	18,000,000
Common Stock, Value, Outstanding	$22,700	$18,000

Statements_of_Operations

Statements of Operations (USD $)	3 Months Ended		6 Months Ended		28 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013
Operating Income (Loss)
Revenues, net			$10,000		$50,000
Expenses
General and Administrative Expense	3,435	125	4,476	567	56,057
Consulting Fees	9,000		18,000		27,000
Accounting Fees	1,000	1,000	4,500	3,000	15,500
Legal Fees	7,500	8,074	59,135	23,074	229,093
Transfer Agent Fees	815		1,688		3,715
Operating Income (Loss)	-21,750	-9,199	-77,799	-26,641	-281,365
Other income (expense)
Marketable Securities, Realized Gain (Loss)					-20,000
Other income (expense), net					-20,000
Net (loss)	($21,750)	($9,199)	($77,799)	($26,641)	($301,365)
Earnings Per Share
Earnings Per Share, Basic	$0	$0	$0	$0
Weighted Average Number of Shares Outstanding, Basic	21,150,549	18,000,000	19,503,978	19,291,209
Earnings Per Share, Diluted	$0	$0	$0	$0
Weighted Average Number of Shares Outstanding, Diluted	21,150,549	18,000,000	19,503,978	19,291,209

Statement_of_Shareholders_Defi

Statement of Shareholders' (Deficit) (USD $)	Common Stock	Additional Paid-in Capital	Retained Earnings	Total
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Mar. 02, 2011
Stock Issued During Period, Value, New Issues	$12,000	$108,000		$120,000
Stock Issued During Period, Shares, New Issues	23,000,000			23,000,000
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	10,000	90,000		100,000
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures	21,000,000			21,000,000
Stock Issued During Period, Value, Purchase of Assets	2,000	18,000		20,000
Stock Issued During Period, Shares, Purchase of Assets	2,000,000			2,000,000
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest			-147,015	-147,015
Stockholders' Equity, Period Increase (Decrease)				-27,015
Stock Issued During Period, Shares, Period Increase (Decrease)	23,000,000			23,000,000
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Dec. 31, 2011				-27,015
Shares, Outstanding at Dec. 31, 2011	23,000,000			23,000,000
Stock Issued During Period, Value, New Issues	-5,000	5,000
Stock Issued During Period, Shares, New Issues	-5,000,000			-5,000,000
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures	-5,000	5,000
Stock Issued During Period, Shares, Share-based Compensation, Net of Forfeitures	-5,000,000			-5,000,000
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest			-76,551	-76,551
Stockholders' Equity, Period Increase (Decrease)				-76,551
Stock Issued During Period, Shares, Period Increase (Decrease)	-5,000,000			-5,000,000
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Dec. 31, 2012				-103,566
Shares, Outstanding at Dec. 31, 2012	18,000,000			18,000,000
Stock Issued During Period, Value, New Issues	4,700	465,300		470,000
Stock Issued During Period, Shares, New Issues	4,700,000			4,700,000
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest			-77,799	-77,799
Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs				-470,000
Stockholders' Equity, Period Increase (Decrease)				-77,799
Stock Issued During Period, Shares, Period Increase (Decrease)	4,700,000			4,700,000
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest at Jun. 30, 2013				($181,365)
Shares, Outstanding at Jun. 30, 2013	22,700,000			22,700,000

Statements_of_Cash_Flows

Statements of Cash Flows (USD $)	6 Months Ended		28 Months Ended
	Jun. 30, 2013	Jun. 30, 2012	Jun. 30, 2013
Net Cash Provided by (Used in) Operating Activities
Net (loss)	($77,799)	($26,641)	($301,365)
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities
Common stock issued in connection with services provided by consultants			-100,000
Realized loss on investment			20,000
Adjustments, Noncash Items, to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities			120,000
Increase (Decrease) in Operating Liabilities
Increase (Decrease) in Accounts Payable	-57,646	-26,641	-191,511
(Increase) Decrease in Receivables	-10,000		-10,000
Adjustments to Reconcile Net Income (Loss) to Cash Provided by (Used in) Operating Activities	-47,646		-301,511
Net Cash Provided by (Used in) Operating Activities	-30,153		146
Cash and Cash Equivalents, Period Increase (Decrease)	-30,153		146
Cash and Cash Equivalents, at Carrying Value	30,299
Cash and Cash Equivalents, at Carrying Value	$146		$146

Note_1_Summary_of_Significant_

Note 1 - Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2013
Notes
Note 1 - Summary of Significant Accounting Policies	NOTE 1 – Summary of Significant Accounting Policies
	Unaudited Interim Financial Information
	The accompanying Balance Sheet as of June 30, 2013, Statements of Operations for the three months ended June 30, 2013 and 2012, and cumulative from March 3, 2011 (Inception) to June 30, 2013, Statement of Stockholder’s (Deficit) for the cumulative period from March 3, 2011 (Inception) to June 30, 2013, and the Statements of Cash Flows for the six months ended June 30, 2013 and 2012, and cumulative from March 3, 2011 (Inception) to June 30, 2013, are unaudited.  These unaudited interim financial statements have been prepared in accordance with accounting principles accepted in the United States of America (“GAAP”).  In the opinion of the company’s management, the unaudited interim financial statements have been prepared on the same basis as the audited financial statements and included all adjustments necessary for the fair presentation of the Company’s statement of financial position at June 30, 2013 and its results of operations and its cash flows for the period ended June 30, 2013 and cumulative from March 3, 2011 (inception) to June 30, 2013.  The results for the period ended June 30, 2013 are not necessarily indicative of the results to be expected for the fiscal year ending December 31, 2013.
	Organization
	Blue Water Global Group, Inc. (“Company” or “Blue Water”) is a development stage company with only early stage operations.  Blue Water was incorporated under the laws of the State of Nevada on March 3, 2011 under the name Blue Water Restaurant Group, Inc.  Blue Water amended its Articles of Incorporation on June 13, 2013 to change its name to Blue Water Global Group, Inc.  The Company’s business plan calls for the development of 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 to developing and launching its own restaurant concepts, Blue Water also provides restaurant development and operational management consulting services to outside restaurant businesses.
	Basis of Presentation
	The accompanying financial statements have been prepared in accordance with United States Generally Accepted Accounting Principles (US GAAP) for financial information and in accordance with the Securities and Exchange Commission’s (SEC) Regulation S-X.  They reflect all adjustments which are, in the opinion of the Company’s management, necessary for a fair presentation of the financial position and operating results as of and for the period ended June 30, 2013 and for the period March 3, 2011 (inception) to June 30, 2013.
	Use of Estimates
	The accompanying financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America.  Because a precise determination of many assets and liabilities is dependent upon future events, the preparation of financial statements for a period necessarily involves the use of estimates which have been made using careful judgment.  Actual results may vary from these estimates.
	Cash and Cash Equivalents
	For purposes of the statement of cash flows, the Company considers highly liquid financial instruments purchased with a maturity of three months or less to be cash equivalents.  As of June 30, 2013, the Company had $146 in cash and equivalents.
	Revenue Recognition
	The Company follows the guidance of FASB ASC Topic 605 for revenue recognition.  In general, the Company recognizes revenue when (1) the price is fixed and determinable, (2) persuasive evidence of an arrangement exists, (3) the service has been provided, and (4) collectability is reasonably assured.
	The Company generates and anticipates generating future revenue from two sources: (i) food, beverage and souvenir sales from its Blue Water Bar & Grill restaurant concept presently under development and (ii) consulting services consisting of restaurant development and operational management services to outside restaurant businesses.  Revenue from food, beverage and souvenir sales at its future Blue Water Bar & Grill restaurants will be recognized at the time of the sale and revenues from consulting services are recognized when the services are performed, evidence of an arrangement exists, the fee is fixed and determinable, and collectability is probable.
	Accounts Receivable
	Accounts receivable are stated at net invoice amount.  An allowance for doubtful accounts is based on management’s best estimate of uncollectible receivable balances based on the creditworthiness of the customer and prior collection history.  As of June 30, 2013 the allowance for doubtful accounts was $-0-.
	Investments
	The Company accounts for its marketable securities, which are classified as trading securities, in accordance with generally accepted accounting principles for certain investments in debt and equity securities, which requires that trading securities be carried at fair value.  Unrealized gains and losses due to changes in fair value as well as realized gains and losses resulting from sales of securities are reported as Other Income/Expenses in the statement of operations.  Fair value of the securities is based upon quoted market prices in active markets or estimated fair value when quoted market prices are not available.  The cost basis for realized gains and losses is determined on a specific identification basis.  As of June 30, 2013, the Company had no investments.
	Fair Value of Financial Instruments
	ASC 820, “Fair Value Measurements” and ASC 825, Financial Instruments, requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.  It establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value.  A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement.  It prioritizes the inputs into three levels that may be used to measure fair value:
	Level 1
	Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.
	Level 2
	Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.
	Level 3
	Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.
	The estimated fair values of the Company’s financial instruments are as follows:
			Fair Value Measurement at June 30, 2013 Using:
						Quoted Prices In Active Markets For Identical Assets		Significant Other Observable Inputs
						(Level 1)		(Level 2)		Significant Unobservable Inputs
										(Level 3)
				30-Jun-13
	Description
	Assets
		Cash and equivalents	$	146	$	146	$	0	$	0
		Accounts receivable		10,000		10,000		0		0
			$	10,146	$	10,146	$	0	$	0
	Liabilities
		Accounts payable (related party)	$	182,511	$	182,511	$	0	$	0
		Accounts payable (non-related)		9,000		9,000		0		0
			$	191,511	$	191,511	$	0	$	0
	Net Loss per Share Calculation
	Basic net loss per common share is computed by dividing the net loss attributable to common stockholders by the weighted-average number of common shares outstanding for the period.   Diluted earnings per shares is computed similar to basic loss per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive.  During the period ended June 30, 2013 and cumulative from March 3, 2011 (inception) to June 30, 2013 the Company had no dilutive financial instruments issued or outstanding.
	Income Taxes
	The Company accounts for income taxes pursuant to FASB ASC 740, Income Taxes.  Under FASB ASC 740-10-25, deferred tax assets and liabilities are determined based on temporary differences between the bases of certain assets and liabilities for income tax and financial reporting purposes.  The deferred tax assets and liabilities are classified according to the financial statement classification of the assets and liabilities generating the differences.
	The Company maintains a valuation allowance with respect to deferred tax assets.  Blue Water establishes a valuation allowance based upon the potential likelihood of realizing the deferred tax asset and taking into consideration the Company’s financial position and results of operations for the current period.  Future realization of the deferred tax benefit depends on the existence of sufficient taxable income within the carryforward period under the Federal tax laws.
	Changes in circumstances, such as the Company generating taxable income, could cause a change in judgment about its ability to realize the related deferred tax asset.  Any change in the valuation allowance will be included in income in the year of the change in estimate.
	Fiscal Year
	The Company elected December 31st for its fiscal year end.

Note_2_Development_Stage_Activ

Note 2 - Development Stage Activities and Going Concern	6 Months Ended
	Jun. 30, 2013
Notes
Note 2 - Development Stage Activities and Going Concern	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 June 30, 2013, the Company had an accumulated net loss of ($301,365).  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.

Note_3_Common_Stock

Note 3 - Common Stock	6 Months Ended
	Jun. 30, 2013
Notes
Note 3 - Common Stock	NOTE 3 – Common Stock
	The total number of common shares authorized that may be issued by the Company is 70,000,000 shares with a par value of $0.001 per share.
	During the period March 3, 2011 (inception) to June 30, 2013 the Company issued an aggregate of 27,700,000 shares of its common stock as follows:
	11,000,000 shares to its officers as Founder’s Shares;
	5,000,000 shares to Taurus Financial Partners, LLC for assisting with the creation and early development of our business, including incorporation and formation assistance, preparation of an offering prospectus and related registration statement on Form S-1, and continued EDGAR filing support and services.  These shares were valued at $50,000, or $0.01 per share, based on the value of the services provided;
	5,000,000 shares to Arctic Eyes, LLC for assisting with the initial development and future hosting of our website (www.bluewaterbar.com) and marketing efforts aimed at building the Blue Water brand on various Caribbean travel websites and local radio stations.  These shares were valued at $50,000, or $0.01 per share, based on the previously established value;
	2,000,000 shares to Island Radio, Inc. (OTCBB: ISLD) in a stock exchange where the Company received 2,000,000 restricted shares of Island Radio’s common stock.  These shares were valued at $20,000, or $0.01 per share, based on the previously established value; and
	4,700,000 shares were subscribed to by five investors in a registered offering of the Company’s common shares.  These shares were priced at $0.10 per share, or an aggregate of $470,000.
	On February 17, 2012, the Company and Arctic Eyes, LLC mutually agreed to rescind their consulting agreement.  Arctic Eyes returned the 5,000,000 shares it was holding which were subsequently cancelled by the Company.
	As of June 30, 2013, the Company had 22,700,000 shares of its common stock issued and outstanding.

Note_4_Preferred_Stock

Note 4 - Preferred Stock	6 Months Ended
	Jun. 30, 2013
Notes
Note 4 - Preferred Stock	NOTE 4 – Preferred Stock
	The total number of preferred shares authorized that may be issued by the Company is 5,000,000 shares with a par value of $0.001 per share.
	As of June 30, 2013, the Company had no shares of its preferred stock issued and outstanding.

Note_5_Income_Taxes

Note 5 - Income Taxes	6 Months Ended
	Jun. 30, 2013
Notes
Note 5 - Income Taxes	NOTE 5 – Income Taxes
	The provision (benefit) for income taxes for the period from March 3, 2011 (inception) to June 30, 2013 was as follows, assuming a 35 percent effective tax rate:
							For the period from
					For the six months		3-Mar-11
					ended 6/30/13		(inception) to
							6/30/13
	Current tax provision:
		Federal
			Taxable income	$	0	$	0
			Total current tax provision	$	0	$	0
	Deferred tax provision:
		Federal
			Loss carryforwards	$	27,230	$	63,478
			Change in valuation allowance		-27,230		-63,478
			Total deferred tax provision	$	0	$	0
	As of June 30, 2013, the Company had approximately $181,365 in tax loss carryforwards that can be utilized in future periods to reduce taxable income through 2032.
	The Company provided a valuation allowance equal to the deferred income tax assets for the period from March 3, 2011 (inception) to June 30, 2013 because it is not presently known whether future taxable income will be sufficient to utilize the tax loss carryforwards.
	The Company has no uncertain tax positions.

Note_6_Partytenders_Inc_Subsid

Note 6 - Partytenders, Inc. Subsidiary	6 Months Ended
	Jun. 30, 2013
Notes
Note 6 - Partytenders, Inc. Subsidiary	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.
	In late 2012 the Company determined not to pursue the Partytenders concept and dissolved the subsidiary on December 31, 2012.  No shares were ever issued by the Partytenders subsidiary.  Further, no operating activities ever were conducted within the subsidiary.

Note_7_Share_Exchange_With_Isl

Note 7 - Share Exchange With Island Radio, Inc. and Subsequent Sale of Shares	6 Months Ended
	Jun. 30, 2013
Notes
Note 7 - Share Exchange With Island Radio, Inc. and Subsequent Sale of Shares	NOTE 7 – Share Exchange with Island Radio, Inc. and Subsequent Sale of Shares
	On March 29, 2011 we entered into a Share Exchange Agreement with Island Radio, Inc., which is listed on the OTC Bulletin Board under the trading symbol “ISLD”.  Under the terms of the agreement we issued Island Radio 2,000,000 shares of our restricted common stock in exchange for 2,000,000 restricted shares of Island Radio common stock, $0.001 par value.  These shares were valued at $20,000, or $0.01 a share.
	After a review on March 31, 2011, and in accordance with US Generally Accepted Accounting Principles (US GAAP), we determined these shares of common stock were an impaired asset due to the underlying business’s limited operations and lack of trading on OTC Bulletin Board.  Accordingly, we took a ($20,000) impairment charge against this asset.
	On October 13, 2011 we transferred our restricted shares of Island Radio to Michael Hume, our President and Chief Executive Officer.  These shares carried no value.

Note_8_Strategic_Alliance_Agre

Note 8 - Strategic Alliance Agreement With Taurus Financial Partners, Llc	6 Months Ended
	Jun. 30, 2013
Notes
Note 8 - Strategic Alliance Agreement With Taurus Financial Partners, Llc	NOTE 8 – Strategic Alliance Agreement with Taurus Financial Partners, LLC
	On June 21, 2013 the Company entered into a Strategic Alliance Agreement with Taurus Financial Partners, LLC (“Taurus”).  Under this Strategic Alliance Agreement the Company was granted the exclusive right to participate in Taurus’s future Registered Spin-Off transactions.
	In a typical Registered Spin-Off transaction, the Company will acquire between 10 – 15% of an operating business that is in the process of “going public” on the OTC Bulletin Board.  Taurus will then register these shares with the Securities and Exchange Commission (SEC).  Once Taurus has registered these shares with the SEC, the Company will “spin-off” approximately one-third of them to its then stockholders in the form of a special stock dividend.

Note_9_Related_Party_Transacti

Note 9 - Related Party Transactions	6 Months Ended
	Jun. 30, 2013
Notes
Note 9 - Related Party Transactions	NOTE 9 – Related Party Transactions
	As of June 30, 2013, the Company operated out of office space that is being provided to us by our vice president, Michael Hume, free of charge.  There is no written agreement or other material terms relating to this arrangement.
	For the period March 3, 2011 (inception) to June 30, 2013 the Company’s rent expense was zero.  This is because of the short time period and the minimal level of operating activities that have transpired during this period of time.
	Additionally, for the period of March 3, 2011 (inception) to June 30, 2013 the majority of the Company’s expenses were paid by Taurus Financial Partners, LLC (Taurus), an independent service provider that currently provides SEC EDGAR compliance and filing services to the Company, and have been accounted for under the accounts payable to a related party line item; as of June 30, 2013, Taurus owned 25.1% of the Company’s issued and outstanding common stock.  Further, our president and chief executive officer, J. Scott Sitra, is concurrently the president and chief executive officer at Taurus.

Note_10_Recent_Accounting_Pron

Note 10 - Recent Accounting Pronouncements	6 Months Ended
	Jun. 30, 2013
Notes
Note 10 - Recent Accounting Pronouncements	NOTE 10 – Recent Accounting Pronouncements
	In December 2011, the FASB issued ASU 2011-12, “Deferral of the Effective Date for Amendments to the Presentation of Reclassifications of Items out of Accumulated Other Comprehensive Income in Accounting Standards Update No. 2011-05.  This update defers the requirement to present items that are reclassified from accumulated other comprehensive income to net income in both the statement of income where net income is presented and the statement where other comprehensive income is presented.  The adoption of ASU 2011-12 has not had a material impact on the Company’s financial position or results of operations.
	In December 2011, the FASB issued ASU No. 2011-11 “Balance Sheet: Disclosures about Offsetting Assets and Liabilities” (“ASU 2011-11”).  This Update requires an entity to disclose information about offsetting and related arrangements to enable users of its financial statements to understand the effect of those arrangements on its financial position.  The objective of this disclosure is to facilitate comparison between those entities that prepare their financial statements on the basis of U.S. GAAP and those entities that prepare their financial statements on the basis of IFRS.  The amended guidance is effective for annual reporting periods beginning on or after January 1, 2013, and interim periods within those annual periods.  The adoption of ASU 2011-11 has not had a material impact on the Company’s financial position or results of operations.
	In July 2012, the FASB issued ASU 2012-02, “Intangibles – Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment” in Accounting Standards Update No. 2012-02.  This update amends ASU 2011-08, Intangibles – Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment and permits an entity first to assess qualitative factors to determine whether it is more likely than not that an indefinite-lived intangible asset is impaired as a basis for determining whether it is necessary to perform the quantitative impairment test in accordance with Subtopic 350-30, Intangibles - Goodwill and Other - General Intangibles Other than Goodwill.  The amendments are effective for annual and interim impairment tests performed for fiscal years beginning after September 15, 2012.  Early adoption is permitted, including for annual and interim impairment tests performed as of a date before July 27, 2012, if a public entity’s financial statements for the most recent annual or interim period have not yet been issued or, for nonpublic entities, have not yet been made available for issuance.  The adoption of ASU 2012-02 has not had a material impact on the Company’s financial position or results of operations.
	In August 2012, the FASB issued ASU 2012-03, “Technical Amendments and Corrections to SEC Sections: Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin (SAB) No. 114, Technical Amendments Pursuant to SEC Release No. 33-9250, and Corrections Related to FASB Accounting Standards Update 2010-22 (SEC Update)” in Accounting Standards Update No. 2012-03.  This update amends various SEC paragraphs pursuant to the issuance of SAB No. 114.  The adoption of ASU 2012-03 has not had a material impact on the Company’s financial position or results of operations.
	In October 2012, the FASB issued Accounting Standards Update ASU 2012-04, “Technical Corrections and Improvements” in Accounting Standards Update No. 2012-04.  The amendments in this update cover a wide range of Topics in the Accounting Standards Codification.  These amendments include technical corrections and improvements to the Accounting Standards Codification and conforming amendments related to fair value measurements.  The amendments in this update will be effective for fiscal periods beginning after December 15, 2012.  The adoption of ASU 2012-04 has not had a material impact on the Company’s financial position or results of operations.
	In January 2013, the FASB issued ASU No. 2013-01, Balance Sheet (Topic 210): Clarifying the Scope of Disclosures about Offsetting Assets and Liabilities, which clarifies which instruments and transactions are subject to the offsetting disclosure requirements originally established by ASU 2011-11.  The new ASU addresses preparer concerns that the scope of the disclosure requirements under ASU 2011-11 was overly broad and imposed unintended costs that were not commensurate with estimated benefits to financial statement users.  In choosing to narrow the scope of the offsetting disclosures, the Board determined that it could make them more operable and cost effective for preparers while still giving financial statement users sufficient information to analyze the most significant presentation differences between financial statements prepared in accordance with U.S. GAAP and those prepared under IFRSs.  Like ASU 2011-11, the amendments in this update will be effective for fiscal periods beginning on, or after January 1, 2013.  The adoption of ASU 2013-01 has not had a material impact on the Company’s financial position or results of operations.
	In February 2013, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2013-02, Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income, to improve the transparency of reporting these reclassifications.  Other comprehensive income includes gains and losses that are initially excluded from net income for an accounting period.  Those gains and losses are later reclassified out of accumulated other comprehensive income into net income.  The amendments in the ASU do not change the current requirements for reporting net income or other comprehensive income in financial statements.  All of the information that this ASU requires already is required to be disclosed elsewhere in the financial statements under U.S. GAAP.  The new amendments will require an organization to:
	Present (either on the face of the statement where net income is presented or in the notes) the effects on the line items of net income of significant amounts reclassified out of accumulated other comprehensive income - but only if the item reclassified is required under U.S. GAAP to be reclassified to net income in its entirety in the same reporting period; and
	Cross-reference to other disclosures currently required under U.S. GAAP for other reclassification items (that are not required under U.S. GAAP) to be reclassified directly to net income in their entirety in the same reporting period.  This would be the case when a portion of the amount reclassified out of accumulated other comprehensive income is initially transferred to a balance sheet account (e.g., inventory for pension-related amounts) instead of directly to income or expense.
	The amendments apply to all public and private companies that report items of other comprehensive income.  Public companies are required to comply with these amendments for all reporting periods (interim and annual).  The amendments are effective for reporting periods beginning after December 15, 2012, for public companies.  Early adoption is permitted.  The adoption of ASU No. 2013-02 has not had a material impact on the Company’s financial position or results of operations.
	The Company has implemented all new accounting pronouncements that are in effect and that may impact its financial statements and does not believe that there are any other new accounting pronouncements that have been issued that might have a material impact on its financial statements.

Note_11_Subsequent_Events

Note 11 - Subsequent Events	6 Months Ended
	Jun. 30, 2013
Notes
Note 11 - Subsequent Events	NOTE 11 – Subsequent Events
	On July 15, 2013 the Company issued 75,000 restricted shares of its common stock, $0.001 par value, to Aeson Ventures, LLC (“Aeson”).  These shares were valued at $18,750, or $0.25 per share.  Aeson will be undertaking a corporate awareness program for a period of six (6) months.  A Form 8-K was filed with the Securities and Exchange Commission on July 16, 2013 disclosing this share issuance.
	As of July 15, 2013 the Company had 22,775,000 shares of its common stock issued and outstanding.
	No other material events or transactions have occurred during this subsequent event reporting period which required recognition or disclosure in the financial statements.

Note_1_Summary_of_Significant_1

Note 1 - Summary of Significant Accounting Policies: Unaudited Interim Financial Information (Policies)	6 Months Ended
	Jun. 30, 2013
Policies
Unaudited Interim Financial Information	Unaudited Interim Financial Information
	The accompanying Balance Sheet as of June 30, 2013, Statements of Operations for the three months ended June 30, 2013 and 2012, and cumulative from March 3, 2011 (Inception) to June 30, 2013, Statement of Stockholder’s (Deficit) for the cumulative period from March 3, 2011 (Inception) to June 30, 2013, and the Statements of Cash Flows for the six months ended June 30, 2013 and 2012, and cumulative from March 3, 2011 (Inception) to June 30, 2013, are unaudited.  These unaudited interim financial statements have been prepared in accordance with accounting principles accepted in the United States of America (“GAAP”).  In the opinion of the company’s management, the unaudited interim financial statements have been prepared on the same basis as the audited financial statements and included all adjustments necessary for the fair presentation of the Company’s statement of financial position at June 30, 2013 and its results of operations and its cash flows for the period ended June 30, 2013 and cumulative from March 3, 2011 (inception) to June 30, 2013.  The results for the period ended June 30, 2013 are not necessarily indicative of the results to be expected for the fiscal year ending December 31, 2013.

Note_1_Summary_of_Significant_2

Note 1 - Summary of Significant Accounting Policies: Organization (Policies)	6 Months Ended
	Jun. 30, 2013
Policies
Organization	Organization
	Blue Water Global Group, Inc. (“Company” or “Blue Water”) is a development stage company with only early stage operations.  Blue Water was incorporated under the laws of the State of Nevada on March 3, 2011 under the name Blue Water Restaurant Group, Inc.  Blue Water amended its Articles of Incorporation on June 13, 2013 to change its name to Blue Water Global Group, Inc.  The Company’s business plan calls for the development of 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 to developing and launching its own restaurant concepts, Blue Water also provides restaurant development and operational management consulting services to outside restaurant businesses.

Note_1_Summary_of_Significant_3

Note 1 - Summary of Significant Accounting Policies: Basis of Presentation (Policies)	6 Months Ended
	Jun. 30, 2013
Policies
Basis of Presentation	Basis of Presentation
	The accompanying financial statements have been prepared in accordance with United States Generally Accepted Accounting Principles (US GAAP) for financial information and in accordance with the Securities and Exchange Commission’s (SEC) Regulation S-X.  They reflect all adjustments which are, in the opinion of the Company’s management, necessary for a fair presentation of the financial position and operating results as of and for the period ended June 30, 2013 and for the period March 3, 2011 (inception) to June 30, 2013.

Note_1_Summary_of_Significant_4

Note 1 - Summary of Significant Accounting Policies: Use of Estimates (Policies)	6 Months Ended
	Jun. 30, 2013
Policies
Use of Estimates	Use of Estimates
	The accompanying financial statements of the Company have been prepared in accordance with generally accepted accounting principles in the United States of America.  Because a precise determination of many assets and liabilities is dependent upon future events, the preparation of financial statements for a period necessarily involves the use of estimates which have been made using careful judgment.  Actual results may vary from these estimates.

Note_1_Summary_of_Significant_5

Note 1 - Summary of Significant Accounting Policies: Cash and Cash Equivalents (Policies)	6 Months Ended
	Jun. 30, 2013
Policies
Cash and Cash Equivalents	Cash and Cash Equivalents
	For purposes of the statement of cash flows, the Company considers highly liquid financial instruments purchased with a maturity of three months or less to be cash equivalents.  As of June 30, 2013, the Company had $146 in cash and equivalents.

Note_1_Summary_of_Significant_6

Note 1 - Summary of Significant Accounting Policies: Revenue Recognition (Policies)	6 Months Ended
	Jun. 30, 2013
Policies
Revenue Recognition	Revenue Recognition
	The Company follows the guidance of FASB ASC Topic 605 for revenue recognition.  In general, the Company recognizes revenue when (1) the price is fixed and determinable, (2) persuasive evidence of an arrangement exists, (3) the service has been provided, and (4) collectability is reasonably assured.
	The Company generates and anticipates generating future revenue from two sources: (i) food, beverage and souvenir sales from its Blue Water Bar & Grill restaurant concept presently under development and (ii) consulting services consisting of restaurant development and operational management services to outside restaurant businesses.  Revenue from food, beverage and souvenir sales at its future Blue Water Bar & Grill restaurants will be recognized at the time of the sale and revenues from consulting services are recognized when the services are performed, evidence of an arrangement exists, the fee is fixed and determinable, and collectability is probable.

Note_1_Summary_of_Significant_7

Note 1 - Summary of Significant Accounting Policies: Accounts Receivable (Policies)	6 Months Ended
	Jun. 30, 2013
Policies
Accounts Receivable	Accounts Receivable
	Accounts receivable are stated at net invoice amount.  An allowance for doubtful accounts is based on management’s best estimate of uncollectible receivable balances based on the creditworthiness of the customer and prior collection history.  As of June 30, 2013 the allowance for doubtful accounts was $-0-.

Note_1_Summary_of_Significant_8

Note 1 - Summary of Significant Accounting Policies: Investments (Policies)	6 Months Ended
	Jun. 30, 2013
Policies
Investments	Investments
	The Company accounts for its marketable securities, which are classified as trading securities, in accordance with generally accepted accounting principles for certain investments in debt and equity securities, which requires that trading securities be carried at fair value.  Unrealized gains and losses due to changes in fair value as well as realized gains and losses resulting from sales of securities are reported as Other Income/Expenses in the statement of operations.  Fair value of the securities is based upon quoted market prices in active markets or estimated fair value when quoted market prices are not available.  The cost basis for realized gains and losses is determined on a specific identification basis.  As of June 30, 2013, the Company had no investments.

Note_1_Summary_of_Significant_9

Note 1 - Summary of Significant Accounting Policies: Fair Value of Financial Instruments (Policies)	6 Months Ended
	Jun. 30, 2013
Policies
Fair Value of Financial Instruments	Fair Value of Financial Instruments
	ASC 820, “Fair Value Measurements” and ASC 825, Financial Instruments, requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value.  It establishes a fair value hierarchy based on the level of independent, objective evidence surrounding the inputs used to measure fair value.  A financial instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement.  It prioritizes the inputs into three levels that may be used to measure fair value:
	Level 1
	Level 1 applies to assets or liabilities for which there are quoted prices in active markets for identical assets or liabilities.
	Level 2
	Level 2 applies to assets or liabilities for which there are inputs other than quoted prices that are observable for the asset or liability such as quoted prices for similar assets or liabilities in active markets; quoted prices for identical assets or liabilities in markets with insufficient volume or infrequent transactions (less active markets); or model-derived valuations in which significant inputs are observable or can be derived principally from, or corroborated by, observable market data.
	Level 3
	Level 3 applies to assets or liabilities for which there are unobservable inputs to the valuation methodology that are significant to the measurement of the fair value of the assets or liabilities.
	The estimated fair values of the Company’s financial instruments are as follows:
			Fair Value Measurement at June 30, 2013 Using:
						Quoted Prices In Active Markets For Identical Assets		Significant Other Observable Inputs
						(Level 1)		(Level 2)		Significant Unobservable Inputs
										(Level 3)
				30-Jun-13
	Description
	Assets
		Cash and equivalents	$	146	$	146	$	0	$	0
		Accounts receivable		10,000		10,000		0		0
			$	10,146	$	10,146	$	0	$	0
	Liabilities
		Accounts payable (related party)	$	182,511	$	182,511	$	0	$	0
		Accounts payable (non-related)		9,000		9,000		0		0
			$	191,511	$	191,511	$	0	$	0

Recovered_Sheet1

Note 1 - Summary of Significant Accounting Policies: Net Loss Per Share Calculation (Policies)	6 Months Ended
	Jun. 30, 2013
Policies
Net Loss Per Share Calculation	Net Loss per Share Calculation
	Basic net loss per common share is computed by dividing the net loss attributable to common stockholders by the weighted-average number of common shares outstanding for the period.   Diluted earnings per shares is computed similar to basic loss per share except that the denominator is increased to include the number of additional common shares that would have been outstanding if the potential common shares had been issued and if the additional common shares were dilutive.  During the period ended June 30, 2013 and cumulative from March 3, 2011 (inception) to June 30, 2013 the Company had no dilutive financial instruments issued or outstanding.

Recovered_Sheet2

Note 1 - Summary of Significant Accounting Policies: Income Taxes (Policies)	6 Months Ended
	Jun. 30, 2013
Policies
Income Taxes	Income Taxes
	The Company accounts for income taxes pursuant to FASB ASC 740, Income Taxes.  Under FASB ASC 740-10-25, deferred tax assets and liabilities are determined based on temporary differences between the bases of certain assets and liabilities for income tax and financial reporting purposes.  The deferred tax assets and liabilities are classified according to the financial statement classification of the assets and liabilities generating the differences.
	The Company maintains a valuation allowance with respect to deferred tax assets.  Blue Water establishes a valuation allowance based upon the potential likelihood of realizing the deferred tax asset and taking into consideration the Company’s financial position and results of operations for the current period.  Future realization of the deferred tax benefit depends on the existence of sufficient taxable income within the carryforward period under the Federal tax laws.
	Changes in circumstances, such as the Company generating taxable income, could cause a change in judgment about its ability to realize the related deferred tax asset.  Any change in the valuation allowance will be included in income in the year of the change in estimate.

Recovered_Sheet3

Note 1 - Summary of Significant Accounting Policies: Fiscal Year (Policies)	6 Months Ended
	Jun. 30, 2013
Policies
Fiscal Year	Fiscal Year
	The Company elected December 31st for its fiscal year end.

Recovered_Sheet4

Note 1 - Summary of Significant Accounting Policies: Fair Value of Financial Instruments: Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location (Tables)	6 Months Ended
	Jun. 30, 2013
Tables/Schedules
Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location
			Fair Value Measurement at June 30, 2013 Using:
						Quoted Prices In Active Markets For Identical Assets		Significant Other Observable Inputs
						(Level 1)		(Level 2)		Significant Unobservable Inputs
										(Level 3)
				30-Jun-13
	Description
	Assets
		Cash and equivalents	$	146	$	146	$	0	$	0
		Accounts receivable		10,000		10,000		0		0
			$	10,146	$	10,146	$	0	$	0
	Liabilities
		Accounts payable (related party)	$	182,511	$	182,511	$	0	$	0
		Accounts payable (non-related)		9,000		9,000		0		0
			$	191,511	$	191,511	$	0	$	0

Note_5_Income_Taxes_Schedule_o

Note 5 - Income Taxes: Schedule of Components of Income Tax Expense (Benefit) (Tables)	6 Months Ended
	Jun. 30, 2013
Tables/Schedules
Schedule of Components of Income Tax Expense (Benefit)
							For the period from
					For the six months		3-Mar-11
					ended 6/30/13		(inception) to
							6/30/13
	Current tax provision:
		Federal
			Taxable income	$	0	$	0
			Total current tax provision	$	0	$	0
	Deferred tax provision:
		Federal
			Loss carryforwards	$	27,230	$	63,478
			Change in valuation allowance		-27,230		-63,478
			Total deferred tax provision	$	0	$	0

Recovered_Sheet5

Note 1 - Summary of Significant Accounting Policies: Cash and Cash Equivalents (Details) (USD $)	Jun. 30, 2013	Dec. 31, 2012
Details
Cash and equivalents	$146	$30,299

Recovered_Sheet6

Note 1 - Summary of Significant Accounting Policies: Fair Value of Financial Instruments: Schedule of Fair Value Hedging Instruments, Statements of Financial Performance and Financial Position, Location (Details) (USD $)	Jun. 30, 2013
Investment Owned, at Fair Value	$191,511
Fair Value, Inputs, Level 1
Investment Owned, at Fair Value	191,511
Fair Value, Inputs, Level 2
Investment Owned, at Fair Value	0
Fair Value, Inputs, Level 3
Investment Owned, at Fair Value	$0

Note_2_Development_Stage_Activ1

Note 2 - Development Stage Activities and Going Concern (Details) (USD $)	Jun. 30, 2013	Dec. 31, 2012
Details
(Deficit) accumulated during the development stage	($301,365)	($223,566)

Note_3_Common_Stock_Details

Note 3 - Common Stock (Details)	Jun. 30, 2013	Dec. 31, 2012
Details
Common Stock, Shares Authorized	70,000,000	70,000,000
Common Stock, Shares Issued	22,700,000	18,000,000

Note_4_Preferred_Stock_Details

Note 4 - Preferred Stock (Details)	Jun. 30, 2013	Dec. 31, 2012
Details
Preferred Stock, Shares Authorized	5,000,000	5,000,000

Note_11_Subsequent_Events_Deta

Note 11 - Subsequent Events (Details)	Jun. 30, 2013	Dec. 31, 2012
Details
Common Stock, Shares Issued	22,700,000	18,000,000