Buyer Group International, Inc. (BYRG.PK) Letter to Shareholders, Message from the CEO
From David Bryant, CEO, ?BYRG would like to cover several points in this
letter. The company has been working to
sign up clients for mineral development. Some projects are in their infancy
stage, still even in negotiation as with the ?subject to? financing of bentonite
property in south Texas. Others are more
developed in that they?re ready for seed stage funding and investment with an
eye towards becoming operational such as the Feldspar project in Arizona. The company is developing protocols with
clients to determine the scope of each project?s resources needs and time for
developing a procurement plan for both operational and financial needs.
Secondly,
the company has old business that it has been working to reorganize Gryphon
assets related to a divestment of some assets while capturing some revenues
and/or cash from sales/distribution of content.
Those businesses were identified as not core to real estate and
equipment of mining properties. Assets
not core may soon go into another digital company that has brought us a mining
participation in exchange and BYRG expects to spin out the television/movie business
content and distribution such as the recent signing of producers with on air
talent to produce and sell movie plays to television stations.
Next,
BYRG will soon announce details it signed a client executed pledge to receive 1.6
billion tons of 99.8% silica in the form of a capital lease from its (mostly
ground level) inferred resources estimated at 16 billion tons with an estimated
(operational discount 60%) value of $10 per ton. More details are available at OTC markets -
see filings for supplemental information.
The operational plan will entail proving up as per Guide 7 requirements 1.6
billion tons.
Last,
the company expects to further the silica stage into an operational partnership
on the silica sands project that will provide a spin-out opportunity with BYRG
shareholders receiving a minority stake of the future operators, record date to
be announced. It the company belief the
timing to establish operations in minerals is ripe to meet improving demand as
national economies begin to improve.?
See
BYRG public disclosure at http://www.otcmarkets.com/stock/BYRG/company-info for full details. Completion of proposed
transactions and developments are dependent upon many important contingencies,
including BYRG obtaining financing and guarantees, of which there is no
assurance.
Safe Harbor Statement Information in this
newsletter 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.
Souce - BYRG.ORG