Buyer Group International, Inc. Upon Verifying $3 Million LOI, Places $125K With $250K to Follow

Buyer Group International, Inc., General Partner, on behalf of Gryphon Productions Ltd. in a proposed private placement offering for preferred class C shares in exchange for interest in BLOOD WILL TELL receives cash/commitments.
By: David Bryant
 
Sept. 15, 2011 - PRLog -- Buyer Group International, Inc., September 15, 2011 authorized and placed in escrow $127,500 in Class C Preferred Shares at $1 each to private investors in exchange for cash, assignments of picture proceeds, AA rated tax credits and deferred guarantees,  totaling $127,500 after verifying the receipt of a LOI in connection with a proposed private placement offering up to $3,000,000 in exchange for interest in BLOOD WILL TELL.  The film is a feature motion picture for worldwide theatrical release in 35mm scheduled Spring 2012.

As of this writing, Buyer Group combines an approximate $235,000 in monies received and invested into BLOOD WILL TELL, along with another $250,000 in commitments pending from investors interested in the Federal Stimulus and AA Rated Guarantees from the State of Texas, Office of the Governor, Rick Perry, for qualifying productions as provided for by both the Federal Jobs Creation Act of 2010 and State of Texas Film Commission.

Buyer Group International, Inc. exchanged interest to investors for cash. That interest is backed by the world wide receipts of the film, BLOOD WILL TELL, redeemable 11 months from date of release.   Successful closing of all current commitments will produce a total of approximately $485,000 to date in qualifying Federal Stimulus dollars that will be parlayed to the film's investors. Furthermore, producing films in America will save American jobs from "Runaway Productions" - jobs fleeing to Canada and abroad.  Costs of raising funds to date has totaled approximately $35,000, slightly more than 7%.

The film and its qualifying expenditures will generate returns to investors of approximately 50-77.5% ROI in the first year.  Buyer Group CEO, David A. Bryant, was quoted as saying, "By guaranteeing a nearly total payback of invested dollars in year one (1), we will provide investors a way to almost immediately offset existing and future liabilities through the Federal Stimulus. We have received the green light for such products from the IRS, Dallas lawyers and CPAs, and CPAs in Canada, that this is a great way to help accredited investors recoup money they otherwise would have no way of ever seeing again.  As always, Investors are encouraged to seek their own tax advice regarding their particular situation."

In addition, tax credits and incentives are per the Jobs Creation Act of 2010 and 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 Productions, Ltd. pays a maximum commission equal to 10% as limited by the Motion Picture Association of America, with cost of sales between 5.75% and 6% for commitments closing no later than 30 days.

Future scheduled projects are: TREASURES IN HIDING and THE KEEPER OF THE DEAD, a recently written horror book by the top selling author of "Recovery", Alexandrea Weis.

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

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

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.

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Commodity Driven Investments Wealth Management Capital Allocation Project Finance Provide Tax Relief, Incentives, and AA Rated Guarantees
End
Source:David Bryant
Email:***@buyergroupint.com Email Verified
Tags:Movies, Film, Motion Pictures, Section 181, Investments
Industry:Entertainment, Movies
Location:United States
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