Buyer Group International, Inc. (BYRG.PK) Increases Participation Interest to Shareholders to $600,000 and Negotiates First $1 Million With Partners

DALLAS, Nov. 29, 2011 /PRNewswire/ -- BUYER GROUP INTERNATIONAL, INC. (BYRG.PK) - following arrangements to place capital agrees to assign $500,000 of the participation interest pro rata to active shareholders of record.  Buyer Group anticipates exchanging or buying back 500 million float shares for the interest.  So for every 1,000 shares held by an active shareholder of record one share of the preferred class share backed by the participation interest will be exchanged.  That represents a $.001 per share dividend for each share tendered for the pro rata participation interest. The original date was November 11, 2011 but has been moved to November 25th, 2011 as that is the earliest Broadridge could process the list of shareholders.

Further, Buyer Group will increase this amount to $600,000, a 20% increase, a six for five (6 for 5), to those shareholders of record consisting of the same preferred class shares of BYRG.PK.  Essentially, for every $1 preferred share of BYRG.PK shareholders own they will receive a full $1.20 in participation interest in the very near future, date of distribution to be released.

For participation partners, an additional $1 million will be assigned of Gryphon Productions Ltd. in the near future in exchange for cash, cash equivalents and liquid stock. The first assignments are to close within a few weeks and an increase of $150,000 cash investments to Buyer Group is expected.  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.

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:
Buyer Group International, Inc.
[email protected]
214-810-1317

SOURCE Buyer Group International, Inc.