Blue Gem Enterprise announced that Joseph Meuse resigned as a member of the company's Board of Directors effective as of October 15, 2009. Joseph Meuse also resigned as the company's President and Secretary effective October 15, 2009. On October 15, 2009, Mr. Allan Sepe was appointed as the company's President, Chief Executive Officer and Chairman of the Board. On October 15, 2009, Anthony Dervali was appointed as the company's Chief Financial Officer and Corporate Secretary. As of the date of this filing, Mr. Dervali has not been appointed to any committee of the board of directors. Allan has an extensive background in hospitality, procurement and logistics. In 2003, Allan joined Youth Enhancement Systems. Inc. Allan's responsibilities included but not limited to the purchasing and logistics of items associated with Dynamic Response Group, Inc. Mr. Dervali has been in the service business and on site production business for over 15 years. He will be assisting the company as an officer, utilizing his vast organizational skills and event management to specifically handle promotions, logistics and events for Title Beverage Distribution.

On 10/13/2009, Blue Gem Enterprise announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Blue Gem Enterprise reported earnings results for the year ended May 31, 2009. Net loss for the 2008-2009 fiscal year was $36,422, up from $15,760 for the previous fiscal year 2007-2008. Loss per share for the 2008-2009 fiscal year were $0.01, down from $0.00 for the previous fiscal year 2007-2008.