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UNITED STATES BANKRUPTCY COURT

SOUTHERN DISTRICT OF FLORIDA

WEST PALM BEACH DIVISION

www.flsb.uscourts.gov 

In re:

 Case No.: 21-10322-EPK

BLUE WATER GLOBAL GROUP, INC. Chapter 11 

 Debtor-in-Possession.

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CHAPTER 11 CASE MANAGEMENT SUMMARY

In compliance with Local Rule 2081-1(B), BLUE WATER GLOBAL GROUP, INC. (the 

“Debtor-in-Possession”), files this Chapter 11 Case Management Summary and states:

 1. Date of Order for Relief Under Chapter 11: January 14, 2021

 2. Names, case numbers and dates of filing of related debtors: None

 3. Description of Debtor’s business/employment: Non-operational public company 

 4. Location(s) of Debtor’s operations and whether the business premises are leased or 

owned: 500 S. Australian Avenue, Suite 600, West Palm Beach, FL 33401-6237; Debtor 

does not lease premises.

 5. Reasons for filing Chapter 11: The Debtor is a non-operational public company 

that seeks to utilize Chapter 11 to eliminate its debt, so that it can be sold or merged into a viable 

new entity. The Debtor will not become current with its SEC filings, and sold or merged until 

after the proposed plan is confirmed.

 6. List of officers and directors, if applicable, and their salaries and benefits at the time 

of filing and during the 1 year prior to filing: Miro Zecevic, Chairman – no salary or benefits 

has been paid to or received by Mr. Zecevic since he became Chairman of the Company

 

7. Debtor’s fiscal or calendar year to date gross income and the Debtor’s gross income 

for the calendar or fiscal year prior to the filing of this Petition:

The Debtor has had no operations since 2015.

 8. Amounts owed to various creditors: 

(a) Obligations owed to priority creditors, including priority tax obligations 

Internal Revenue Service - unknown

Florida Department of Revenue - unknown

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(b) With respect to creditors holding secured claims, the name of and amounts 

owed to such creditors and a description and estimated value of all collateral of 

the Debtor securing their claims: 

There are no secured claims

(c) Amount of unsecured claims: approximately $1,775,685.24 

9. General description and approximate value of the Debtor’s assets: -0-

 The Debtor has no assets 

10. List of all insurance policies, the property covered under the policy, the name of 

the insurer, the policy number, amount of coverage, whether the premium is current, the date the 

next premium is due and date the policy expires: 

Berkshire Hathaway Direct Insurance Company 

Commercial General Liability Insurance Policy# N9BP268035 

Property Insurance Policy# (same as above) 

Monthly premiums; Policies expired 1/14/2022 

11. Number of employees and amounts of wages owed as of petition date: 

 No employees; no wages 

12. Status of Debtor’s payroll and sales tax obligations, if applicable. This does not

eliminate the obligation of Chapter 11 debtors (other than individuals not engaged in business) to 

provide the more detailed payroll tax information required by Local Rule 2081-1(A): 

Not applicable. 

13. Anticipated emergency relief to be requested within 14 days from the petition date: 

None

DEBTOR: ATTORNEY:

BLUE WATER GLOBAL GROUP, INC. Van Horn Law Group, P.A. 

 330 N. Andrews Ave., Suite 450 

 Fort Lauderdale, Florida 33301

By: (954) 765-3166 

 Miro Zecevic (954) 756-7103 (facsimile) 

Its: Chairman

 /s/ Chad T. Van Horn, Esq. 

 By: 

 Chad T. Van Horn, Esq. 

 Florida Bar No. 0064500

 Email:Chad@cvhlawgroup.com 

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