Buyer Group International, Inc. (BYRG) - Invests With Huge Implications for the Movie Industry
01 Febbraio 2011 - 8:21AM
Marketwired
The motion picture business was badly affected in the past five
years from lack of investment capital as Americans watched their
wealth shrink on an unprecedented level. BYRG's aim is take
advantage of IRS Section 181 tax breaks to restore faith in the
motion picture business. BYRG recently placed $35,000 to secure
worldwide distribution rights of 12 movies and has committed to
finding $30 million for "Blood Will Tell" and "Treasures In
Hiding," theatrical motion pictures. In a recent interview, the CEO
of (PINKSHEETS: BYRG) was quoted as saying, "Without good cause,
the capital markets have overlooked ripe opportunity to re-capture
a portion of the motion picture industry's annual $50 Billion in
revenues. My plans are to capitalize on this massive opportunity".
In an interview, the Director of the films, Mr. Jack Weis,
stated, "There was an unbelievable shift in media that is
unprecedented in our time. The top five rated picture genres have
gone sci-fi in an era previously dominated by action adventures and
historical epics. The history of America as the leader in music and
motion picture entertainment has slipped from the dominant purveyor
to the copycat. Working closely with BYRG will allow me to do is to
create movies that will not only entertain but have worldwide
appeal. I like creating something that people like and that
entertains."
Founded in 1994 to finance oil, gas, mineral leases for
production, BYRG (www.buyergroupint.com) refocused strategy in 2009
with newly acquired ownership interest in Dallas based mineral
trust NVC Fund and promoting BYRG to QIB 144a unregistered
investment advisor status with holdings valued by FAS 7 (Guide 7)
Financial accounting standards over $1.3 Billion.
Safe Harbor Statement (Private Securities Litigation Reform Act
of 1995) 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 approvals, and attract or retain key
management personnel.
Contact Simon Speight 214-477-2731
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