Buyer Group International, Inc. Receives Letter From LoneStar Capital Group LLC Confirming Steps and Cost to Receive Standby ...
29 Agosto 2013 - 1:35PM
OTC Markets
August 29, 2013 ? Austin, TX
Buyer Group International, Inc. (BYRG.PK) the (?Company?) announced
it executed an agreement to sell cashless warrants in exchange for
200 Million Euro. According to the letter, the SBLC will become
active upon LoneStar Capital Group LLC upon their firm receiving
$390,000 USD. The credit facility will engage regardless of BYRG
stock price as the price is not required to hit any specific level
for the credit facility to become active. SBLC and Attorney files
can be viewed at http://www.otcmarkets.com/stock/BYRG/filings See
BYRG public disclosure at
http://www.otcmarkets.com/stock/BYRG/company-info for full details.
Completion of proposed transactions and project development are
dependent upon 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. (BYRG) that
constitute forward-looking statements for purposes of the Safe
Harbor Provisions under the Private Securities Litigation Reform
Act of 1995. Words and phrases "can be", "expects", "may affect",
"believed", "estimate", "project" among others are intended to
identify forward-looking statements. BYRG cautions that
forward-looking statements are not a guarantee of future
performance. None of the information in this press release
constitutes or is intended as an offer to sell securities or
investment advice of any kind. Actual results may differ materially
from those anticipated in such forward-looking statements as a
result of various factors, some of which are beyond BYRG?s control,
including attracting and retaining key talent. In addition to press
releases, all public filings and forward-looking statements made by
management, are to include, but are not limited to, the estimate of
the sufficiency of capital resources, the ability to raise
additional capital to fund future operations, repay existing
indebtedness, and uncertainties involving estimating market
opportunities include, and in identifying which contracts matches
BYRG?s capability to be awarded such contracts. All such
forward-looking statements are current only as of the date on which
statements were made. BYRG 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: Investor Relations ir@buyergroupint.com
214-810-1317
Buyer (PK) (USOTC:BYRG)
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