Buyer Group International, Inc. Verifies Letter of Intent for $3 Million

Buyer Group International, Inc., General Partner, verifies Letter of Interest from Falcon Financial on behalf of Gryphon Productions Ltd. in a proposed private placement offering up to $3,000,000 in exchange for interest in BLOOD WILL TELL.
By: David Bryant
 
Sept. 12, 2011 - PRLog -- Buyer Group International, Inc., General Partner, verifies the receipt of letter of interest from Falcon Financial of New York acting as lead agent to act on behalf of Gryphon Productions Ltd. in connection with a proposed private placement offering up to $3,000,000 in exchange for interest in BLOOD WILL TELL, a feature motion picture for worldwide theatrical release in 35mm scheduled Spring 2012. The movie, BLOOD WILL TELL, is slated for Spring 2012 release and qualifying expendures of production in BLOOD WILL TELL will generate 100% tax write-offs and additional tax credits and incentives as per the Jobs Creation Act of 2004. These investments are embodied in Sections 181 and 199 of the IRS tax code however, interested investors should consult their tax advisors for the suitability of their particular situation. Gryphon Distribution will pay the Agents a cash fee equal to 6% of the gross proceeds raised in connection with the Private Placement and 5.75% for an lead referrals. Proceeds will be invested into the feature film BLOOD WILL TELL and for general working capital related to production expense in the qualifying feature film. As well, future scheduled projects are: TREASURES IN HIDING and THE KEEPER OF THE DEAD.

The company maintains financials and information relating to its business at:

http://www.otcmarkets.com/stock/BYRG/company-info

On Behalf Of The Board,

David A. Bryant, President

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.

Investment and Wealth Management Firm that directs commodities and private wealth initiatives to provide capital allocation for motion picture project finance.

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Investment and Wealth Management Firm that directs commodities and private wealth initiatives to provide capital allocation for project finance.
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Source:David Bryant
Email:***@buyergroupint.com Email Verified
Tags:Motion Pictures, Section 181, Film, Entertainment
Industry:Entertainment, Movies
Location:United States
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