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Buyer Group International Inc. – Acquires Movie Rights Buying Gryphon Distribution, Inc.
Announced today, the acquisition of Gryphon Distribution Ltd. Gryphon plan to release 10 movies regionally, television syndication, DVD and Blu-ray. In addition, two television series properties that Gryphon company owns will be broadcast in 2011.
Acquisition is worth $30m expected to close January 2nd 2011. Gryphon is registered as a privately held film media distribution company in business for 30 years. Jack Weis, owner stated, “We’ve been around for a long time and its really exciting to see new mediums affecting the industry, the DVD and Blue-ray release is an excellent opportunity for us to give some of these great timeless movies a new audience. Putting in some of my out takes so the movies will be new releases”. News comes as Buyer Group has made several recent acquisitions in the real estate, commodities, and private wealth management, starting a new trend in the Material Wealth Management industry by utilizing high net worth properties and assets to generate investment capital for project finance. CEO David Bryant says, “2010 has fundamentally been an acquisition planning and executing year, with our newly invigorated public company. We are very focused on driving up our shareholder value. This film media acquisition gives us tangible, saleable assets right out of the gate and I am really fueled up by the news.” The $30m purchase of Gryphon Distribution gives Buyer
Group access to a minimum income of $50m a year for three years as these movies are re-cut and released through the public company. These movies in their original published release were named: Storyville, You Never Gave Me Roses, Crypt of Dark Secrets, Damballa, Quadroon, Death Brings Roses, Maximum Exposure, Slow Bullet, Unholy
Matrimony, and Dark Secrets. All were originally shot in 35 mm and the music will be released separately. The regional, television, DVD, and Blu-Ray are al of the highest quality.
The acquisition also gives Buyer Group access to three television product series: Success the Journey, Sound Board and the Big Water Challenge. All three of these properties are planned for major network release in 2011. Mr. David Bryant CEO of Buyer Group went onto say, “In this current economy there has been a real increase in television viewership and a hunger for new content. These properties have the potential for allowing Buyer Group to profit from this television market”.
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Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995 This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements made herein that are not historical facts are deemed to be forward-looking statements based upon management's current expectations. Investors are cautioned that forwardlooking statements are inherently uncertain and hence are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements. Buyer Group International, Inc. undertakes no obligation to update or revise its forward-looking statements.. Actual performance and results may differ materially from those projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approvals for anticipated actions as well as the ability to attract and retain key management personnel.
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About Buyer Group International, Inc.
Is a public company registered on the OTC, other stock exchange. Founded in 1994 have a new re-capitalized and re-formulated business model for 2010. Owners of the company founded the company to function as a conduit for real estate investment but changed the strategy in 2009 upon the signing contracts with Dallas based mineral trust NVCFund and receiving financial backing promoting Buyer Group QIB 144a status as a financial management and investment firm. New IR/PR groups and micro-cap investment vehicles will be used to increase the overall liquidity of Buyer Group’s stock as well as identify new profit streams from the placement of the new capital acquired in 2009.