DALLAS, Jan. 4, 2012 /PRNewswire/ -- BUYER GROUP
INTERNATIONAL, INC. (BYRG.PK) – will soon announce that 4th quarter
revenues climbed to $34,354 as
project investment rose to $144,788
representing a 24% turn on operating assets with profits showing
higher than expected results in a sluggish Christmas economy. After
expenses, profits ended out at $7,234
for the quarter up 550% from last quarter.
Now, the 4th quarter has closed the $500,000 participation interest in from Gryphon
Productions in "Blood Will Tell" will be bumped to $600,000, a 20% increase for shareholders who
currently own and purchased additional shares of Buyer Group
International Inc. date of record to be announced January 5th, 2012. See web site
www.buyergroupint.com for details.
The CEO of Buyer Group International, Inc. was quoted as saying,
"The fourth quarter economy remained weak but we were able to
increase our profit from last quarter and on our investments made
throughout the year. The 4th quarter gains should result in
increased interest in our projects."
The CEO was further quoted as saying, "We are close to
finalizing Letters of Intent to acquire options on property in
Colorado approximating 60,000 oz.
of Au proven reserves with an estimated potential as high as
500,000 oz. and other trace commercial elements in unexplored areas
on the property. As well we are negotiating an options for 775,000
to 1.5 million oz. of high grade Ag in British Columbia, both past producers of
commercial grade metals. Pre-development costs are expected run
shallow since the areas are already scoped and prepared by major
companies who in the past did not commercialize the reserves proven
at the sites. And the upside is massive as our cut is no less than
50% of these potential gold and silver in the mines."
Bryant went on to say, "Recently, Buyer Group filed with the
state to reduce the authorized shares back to book value of 1.3
Billion shares, equating our authorized shares to the $1.3 Billion value of the current mineral
holdings at $1 per share. We are
waiting for them to finalize the paperwork at the agent. We are
close to capping that number. Any shares we don't get back in
buybacks we may ask to exchange from shareholders who will be
interested in seeing huge dividends as a result of holding long
term shares in the company which will include dividends from gold
and silver reserves we anticipate acquiring and rolling into the
company. A Very Happy New Year to everyone involved."
Buyer Group International, Inc. (BYRG.PK) in connection with its
capital fund partners will expect to grow its operating holdings in
the entertainment industry to a total of $100 million within 5 years. By managing and high
net worth assets Buyer Group International, Inc. continues to grow
its capital base while generating capital returns to investors
exceeding traditional funds.
Information may be found at www.buyergroupint.com as it is
released to the public.
Company Contact:
David Bryant
214-810-1317
info@buyergroupint.com
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.
SOURCE Buyer Group International, Inc.
