Buyer Group International, Inc. Reaches Distribution Agreement with Driven Strategies Inc. For Pilot To Be Hosted By Jimmy "The Mouth of the South" Hart
AUSTIN, Texas, May 30, 2013 /PRNewswire/ -- Buyer Group International, Inc. (OTC PINK: BYRG) the ("Company") announces that it has received and executed, on behalf of its Gryphon Partnership, an agreement with Driven Strategies, Inc. of Florida. Driven Strategies will provide talent, sales, marketing, editing and creative content to support production and distribution of show called "Jimmy Hart's Heart Stoppers" with content directed and produced by Chameleon Filmworks to be represented by talented host, none other than Jimmy "The Mouth of the South" Hart of pro wrestling fame.
The budget has been calculated at $141,600 to produce a pilot. The producers are undertaking a road show in the coming weeks to enlist outlet stations for distribution of content. The estimated market number of qualifying networks is estimated at approximately 3,400. The agreement calls for an estimated sixty subscriber stations and outlets to show one show per week prior to engaging distribution, with Gryphon retaining 84% of the gross proceeds from distribution of its content.
See BYRG public disclosure at http://www.otcmarkets.com/stock/BYRG/company-info for full details. Completion of proposed transactions and developments are dependent upon many important contingencies, including BYRG obtaining financing and guarantees, of which there is no assurance.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of Buyer Group International, Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. Buyer Group International, Inc. cautions you that any forward-looking information provided by or on behalf of Buyer Group International, Inc. is not a guarantee of future performance. Completion of the transaction is dependent upon important contingencies, including completion of financing, of which there is no assurance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. Buyer Group International, Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond Buyer Group International, Inc.'s control. In addition to those discussed in Buyer Group International, Inc.'s press releases, public filings, and statements by Buyer Group International, Inc.'s management, including, but not limited to, Buyer Group International, Inc.'s estimate of the sufficiency of its existing capital resources, Buyer Group International, Inc.'s ability to raise additional capital to fund future operations, Buyer Group International, Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match Buyer Group International, Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. Buyer Group International, Inc., does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
Investor Relations Management
SOURCE Buyer Group International, Inc.
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