Blue Gold Foods is planning and building a large-scale, state-of-the-art Tilapia Farm in the state of Yucatan, Mexico, on the grounds of the historic Hacienda Xixim. Aquaculture Production Technology (APT) will provide complete technology package for the design, engineering, construction and operation of the tilapia project. APT has implemented many successful Tilapia Projects in Central and South America. Full-scale production is anticipated by the fourth quarter of 2009. With this site, we would like to introduce you to the project's development and explain our concept in terms of both market opportunity and the holistic benefits which will result for our customers, our end consumers, our workers, our investors, and the natural world. Given the apparent limitless ability of the world' s oceans to produce wild seafood, why do we see such potential for this large scale aquaculture project? A story from the life of our chairman provides an apt illustration:

In 1966, Bob Gow, Chairman of the Board of Blue Gold Foods, was Executive Vice President of Zapata Corporation, under future U.S. President George H. W. Bush. Zapata, a New York Stock Exchange company, was involved in many ocean-related businesses including commercial seine fishing, and Mr. Gow had overseen experiments for the company concerning the raising of fish. When Doyle Mize succeeded Mr. Bush as President of Zapata, he told Mr. Gow, “When cattle were running wild on the Texas range, anyone hardy enough could round them up. No one could make money breeding cattle. As soon as the wild cattle had been depleted, Texas ranching became profitable. At this time (1966), the ocean is full of wild fish. Anyone hardy enough can round them up (as Zapata was doing). The time will come in about three or four decades,' he said, 'when it will be very profitable to raise fish, but we have to wait until the wild fish are more depleted.”

The time is now.