SOURCE: Buyer Group International, Inc.

February 02, 2011 07:00 ET

Search and Salvage Rights for Spanish Galleons, $200,000 Launch Preproduction for Motion Picture - Treasures in Hiding

DALLAS, TX--(Marketwire - February 2, 2011) - Buyer Group International, Inc. (PINKSHEETS: BYRG) announced plans to capitalize on a governmental permit for search and salvage rights in the Dominican Republic and Haitian waters for sunken treasure by making an action adventure motion picture titled "Treasures in Hiding."

The project is independently funded and the real interest from Buyer Group perspective is the movie rights. Buyer Group board member Anthony Grindl, the mastermind behind this more than 10 year venture, stated, "I have been negotiating with these governments for over a decade. They trust me and I believe we can recover artifacts and treasure and tell the story by filming a major motion picture surrounding the history, while preserving the historical heritage for the local museums."

To verify the existence and location of treasure sites, a 90' exploration vessel and $200,000 in exploration expense funding have been committed and are in place.

Mr. Bryant, CEO of Buyer Group, is quoted as saying, "My opinion is that Grindl knows something about this region very few people know -- he spent a long time researching and travelled the globe to verify his assumptions. The most important thing for Buyer Group is that an independently funded project gives us a great production opportunity with worldwide distribution rights to the movie."

Founded in 1994 to finance oil, gas, and mineral leases for production, Buyer Group refocused strategy in 2009 with newly acquired ownership interest in Dallas-based mineral trust NVC Fund and promoting Buyer Group to QIB 144a unregistered investment advisor status with holdings valued by FAS 7 (Guide 7) Financial accounting standards over $1.3 Billion.

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