DALLAS, Sept. 30, 2011 /PRNewswire/ -- Buyer Group
International, Inc., ("BYRG.PK") announces execution of documents
with private parties committing to purchase $13.5 Million in share interest backed by
worldwide receipts and ancillary rights of 12 existing Films and a
new theatrical film "Blood Will Tell", a major motion picture for
worldwide theatrical release, with the first $500k expected in four to six weeks.
Secondary to selling interest in its projects, BYRG.PK has
initiated a share exchange and buyback program for both active and
street shareholders already recovering a total of 30.5 Billion
shares with an approximate 2.8 Billion left to re-purchase or
exchange. It is expected BYRG will be able to buyback most of
its outstanding shares with an additional 2 Billion in exchanges
pending, leaving less than a Billion outstanding.
In addition to the share exchanges, BYRG.PK plans to offer a 20%
or a 6:5 exchange of preferred shares for common shares backed by
worldwide receipts of Blood Will Tell and its library of films.
Shareholders of the date of record, expected to be
November 5 and subject to change,
will receive the exchange and a 20% boost in dollar value of their
shares, pending regulatory approval.
Information may be found at www.buyergroupint.com as it is
released to the public.
News for BYRG is located at
http://www.buyergroupint.com/news.html.
Safe Harbor Statement - This release includes forward-looking
statements within the meaning of Section 27A & 27E of the
Securities Act of 1933, 1934. Statements herein that are not
historical facts are deemed forward-looking statements based upon
management's current expectations. Investors are cautioned that
forward-looking statements are inherently uncertain and subject to
risks and uncertainties that could cause actual results to differ
materially from those set forth and management undertakes no
obligation to update or revise such statements. Actual performance
results may differ materially from those suggested herein due to
uncertainties including, without limitation, ability to obtain
financing, regulatory and shareholder approval, and the ability to
attract or retain key management personnel.
Contact:
David Bryant
info@buyergroupint.com
214-810-1317
SOURCE Buyer Group International, Inc.
