Buyer Group International, Inc. (OTCPINK: BYRG) ("BYRG" or the "Company") today announced that BYRG CEO Dave Bryant has contributed 25 billion shares of his Common Stock to Buyer Group as a contribution to capital.
"We believe in the future of Buyer Group and I want the shareholders to be assured that we will not dilute their interests," said Dave Bryant. “I believe this contribution to the Company causes you to easily realize that management strongly desires to maximize shareholder value.”
The contribution has been accepted by the company's board of directors and reduces the number of shares of Common Stock outstanding to 2,600,682,785. The contribution does not affect the terms of any convertible preferred securities currently outstanding. Investors are strongly urged to consult the Company information posted on OTCMarkets for full information on all securities and the capital structure of Buyer Group.
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.
Media Contact:
ir@byrg.org
SOURCE Buyer Group International Inc.