Business News • MarketWire • Buyer Group International, Inc. (BYRG) - Invests With Huge Implications for the Movie Industry |
Buyer Group International, Inc. (BYRG) - Invests With Huge Implications for the Movie Industry |
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Buyer Group International, Inc. (BYRG) - Invests With Huge Implications for the Movie Industry
DALLAS, TX--(Marketwire - February 1, 2011) - The motion picture business was badly affected in the past five years from lack of investment capital as Americans watched their wealth shrink on an unprecedented level. BYRG's aim is take advantage of IRS Section 181 tax breaks to restore faith in the motion picture business. BYRG recently placed $35,000 to secure worldwide distribution rights of 12 movies and has committed to finding $30 million for "Blood Will Tell" and "Treasures In Hiding," theatrical motion pictures. In a recent interview, the CEO of (PINKSHEETS: BYRG) was quoted as saying, "Without good cause, the capital markets have overlooked ripe opportunity to re-capture a portion of the motion picture industry's annual $50 Billion in revenues. My plans are to capitalize on this massive opportunity".
View More : http://www.marketwire.com/mw/release.do?id=1388129&sourceType=3
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