Blue Water Bar & Grill, Inc. announced it has established a new International Business Company subsidiary in Anguilla, British West Indies. This new holding company was established under the name TIGER REEF SPIRITS, LTD. Tiger Reef Spirits Ltd. will produce and sell a line of ultra premium rums under the Tiger Reef brand in the US as early as Summer 2017 with planned expansion of the brand into other major markets in subsequent years. Blue Water chose to domicile its new distilled spirits division in Anguilla to take advantage of various corporate benefits offered through an Anguilla IBC, including a zero corporate tax rate and various beneficial liability and indemnification protections extending to Blue Water’s shareholders and employees. Blue Water is also evaluating the feasibility of re-domiciling the publicly traded parent company in the future to Anguilla as well.