Buyer Group International, Inc. (BYRG.PK) to Receive Participation Interest Advance of $9.45 Million from Gryphon Productions Ltd. on Final Options

DALLAS, Nov. 17, 2011 /PRNewswire/ -- BUYER GROUP INTERNATIONAL, INC. (BYRG.PK) - following agreement to place capital to GRYPHON PRODUCTIONS LTD. garners optioning screenplays of Sacrifice, the 3rd and final book in the trilogy Nicci Beauvoir by Alexandrea Weis, following To My Senses (ISBN-13: 978-1419661112), Recovery (ISBN-13: 978-1453875704), Sacrifice (9781937593162), and The Keepers of the Dead and For You, from the NOLA series by Alexandrea Weis.

http://www.amazon.com/Alexandrea-Weis/e/B0028OJO6C/ref=ntt_dp_epwbk_0

Coming off recent capital placements Gryphon Productions Ltd. has set the production budgets and established preproduction on the following slate of theatrical film releases, BLOOD WILL TELL, TREASURES IN HIDING, THE KEEPERS OF THE DEAD, and FOR YOU, at a total of $54 million budget for production, release dates to be announced by January 5th.

With preproduction established for the aforementioned certified tax incentivized feature motion picture expenditures Gryphon's participation interest generates $9.45 Million in cash incentives or 17.5% of the budgeted motion picture expenditures.

Assignments of the participation interest will be made through Buyer Group International, Inc. (BYRG.PK).  Buyer Group plans to invest $6-7 million with third parties contributing film capital and investors who are in process of closing or negotiating private placements and to also distribute $500,000 of the advance participation interest as a dividend in a special distribution to certain shareholders of record.  The shareholder distribution is based upon the record date of November 11th, 2011 and will be distributed pro rata to those shareholders who owned or purchased shares prior to that date in the form of one (1) dollar preferred certificates redeemable by the issuer in one year.  A similar special distribution will be planned for early next year to shareholders of record at that time.

Buyer Group executives and employees have agreed to exchange an additional 2.75 Billion shares sometime next month limiting the float to somewhere around 500-600 million shares issued. A ratio of 500 million shares to five hundred thousand dollars is a price of $.001 per share equivalent distribution to existing market shareholders at which time those shares will be exchanged for the distribution.

The CEO of Buyer Group International, Inc. was quoted as saying, "As the entertainment business continues to defy the recession, we continue to find ample opportunity to assist in the growth of a true American industry that remains solid today.  By focusing on capital, the ability to generate almost nine and a half million dollars in cash incentives prior to selling one theatre ticket shows the 2004 Jobs Creation Act is a sound stroke of American legislation. Buyer Group is committed to our loyal buy and hold shareholders. By offering these loyal friends of the company a piece of the pie we cut out the day traders and vultures looking for a quick lunch and will continue to strengthen it in the future."

Buyer Group International, Inc. (BYRG.PK) in connection with its capital fund partners will expect to grow its holdings in the motion picture industry to a total of $100 million in capital placed to the industry.  By achieving $54 million project milestone the goal is more than half way there.  By managing precious metals, wealth stabilization 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.

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
[email protected]
214-810-1317

SOURCE Buyer Group International, Inc.