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BYRG Buyer Group International Inc (PK)

0.0014
-0.00005 (-3.45%)
29 Nov 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Buyer Group International Inc (PK) USOTC:BYRG OTCMarkets Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.00005 -3.45% 0.0014 0.0012 0.0025 0.00165 0.0012 0.0015 2,758,087 18:01:57

Buyer Group International, Inc. (BYRG.PK) Receives Copy of Confirmation of Cash Backed Assets Subject to Executed Deed of Agr...

06/05/2013 8:43pm

OTC Markets


May 6, 2013 -
Austin, TX
  Buyer Group International,
Inc. (OTCMARKETS:BYRG) has received copy of a bank verification of cash backed
assets from its Lender subject to Executed Deed of Agreement Lender
indicating the identification of cash backed assets in excess of $120 million
being provided as collateral in regard April 2nd Joint Venture Letter of Intent
with B2Digital(BTDG) for procuring funding to prove and bring into production
an estimated 600 million tons of the groups‘ claims on roughly 2,940 acres.
  The copy of confirmation of the availability
of cash backed assets is being provided by a top 25 global bank to secure the
Lender upon which the Lender will establish the drawdown schedule for funding.



See BYRG public disclosure for
full details. Completion of the proposed transactions and development of this
property are dependent upon many important contingencies, including BYRG obtaining
financing and guarantees, of which there is no assurance.



Safe Harbor Statement



Information in this news release
may contain statements about future expectations, plans, prospects or
performance of Buyer Group International, Inc. that constitute forward-looking
statements for purposes of the Safe Harbor Provisions under the Private
Securities Litigation Reform Act of 1995. The words or phrases "can
be", "expects", "may affect", "believed",
"estimate", "project" and similar words and phrases are
intended to identify such forward-looking statements. Buyer Group
International, Inc. cautions you that any forward-looking information provided
by or on behalf of Buyer Group International, Inc. is not a guarantee of future
performance. Completion of the transaction is dependent upon important
contingencies, including completion of financing, of which there is no
assurance.  None of the information in
this press release constitutes or is intended as an offer to sell securities or
investment advice of any kind. Buyer Group International, Inc.'s actual results
may differ materially from those anticipated in such forward-looking statements
as a result of various important factors, some of which are beyond Buyer Group
International, Inc.'s control. In addition to those discussed in Buyer Group
International, Inc.'s press releases, public filings, and statements by Buyer
Group International, Inc.'s management, including, but not limited to, Buyer
Group International, Inc.'s estimate of the sufficiency of its existing capital
resources, Buyer Group International, Inc.'s ability to raise additional
capital to fund future operations, Buyer Group International, Inc.'s ability to
repay its existing indebtedness, the uncertainties involved in estimating
market opportunities, and in identifying contracts which match Buyer Group
International, Inc.'s capability to be awarded contracts. All such
forward-looking statements are current only as of the date on which such
statements were made. Buyer Group International, Inc., does not undertake any
obligation to publicly update any forward-looking statement to reflect events
or circumstances after the date on which any such statement is made or to
reflect the occurrence of unanticipated events.



Source: Buyer Group International, Inc.

Investor Relations Management: Inter Global Investments LLC

214-810-1317

ir@byrg.org


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