Search and Salvage Rights for Spanish Galleons, $200,000 Launch Preproduction for Motion Picture - Treasures in Hiding
02 Febbraio 2011 - 1:00PM
Marketwired
Buyer Group International, Inc. (PINKSHEETS:
BYRG) announced plans to capitalize on a governmental permit for
search and salvage rights in the Dominican Republic and Haitian
waters for sunken treasure by making an action adventure motion
picture titled "Treasures in Hiding."
The project is independently funded and the real interest from
Buyer Group perspective is the movie rights. Buyer Group board
member Anthony Grindl, the mastermind behind this more than 10 year
venture, stated, "I have been negotiating with these governments
for over a decade. They trust me and I believe we can recover
artifacts and treasure and tell the story by filming a major motion
picture surrounding the history, while preserving the historical
heritage for the local museums."
To verify the existence and location of treasure sites, a 90'
exploration vessel and $200,000 in exploration expense funding have
been committed and are in place.
Mr. Bryant, CEO of Buyer Group, is quoted as saying, "My opinion
is that Grindl knows something about this region very few people
know -- he spent a long time researching and travelled the globe to
verify his assumptions. The most important thing for Buyer Group is
that an independently funded project gives us a great production
opportunity with worldwide distribution rights to the movie."
Founded in 1994 to finance oil, gas, and mineral leases for
production, Buyer Group refocused strategy in 2009 with newly
acquired ownership interest in Dallas-based mineral trust NVC Fund
and promoting Buyer Group 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 - 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.
Direct questions to Simon Speight at (214) 477-2731 or email
Email Contact or visit our website www.buyergroupint.com
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