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TOFS NEWS!
247MGI Completes Merger, Enters Billion Dollar Financial Service Sector and Forecasts Revenues in Excess of $10 Million
Wednesday 28 September 2011
247MGI, Inc. (Pink Sheets:TOFS) (“247MGI”) is pleased to announce through its wholly owned subsidiary Baron Capital Holdings, LLC, TOFS has officially completed the acquisition of Baron Capital Transfer and Registrar, LLC, a stock Transfer Agency registered with the SEC.
The Company shall be profitable during the fourth quarter of 2011 and should have projected revenue of over $10 million for fiscal 2012 from the investment division alone, not including fees generated from the Transfer Agency or any of its brokerage services.
The Company has filed with the State of Florida an Amendment to take effect November 1, 2011 to change the name of the Company to Baron Capital Enterprises, Inc., (www.baroncapitalenterprise.com) this will give the Company time to work with FINRA to complete the name change and obtain a new trading symbol.
Through a series of subsidiaries the Company shall complete its objectives, the first two subsidiaries to become active are the Transfer Agency which shall commence operations in October; this will generate revenue for the Company, and act as a conduit for other business opportunities. The second division will be the investment division which shall purchase aged convertible debt or participate in private placements. These ventures usually bring a high rate of return. This division alone will start out with several hundred thousand dollars of aged convertible debt which it will begin converting and turning into cash for the Company to use during October.
The investment division will fall under the brokerage side of the business. The Company plans to purchase two separate firms, one for trading and clearing of securities and the other for retail investors. The retail firm will use an online platform to maintain low operating costs, while using the other firm to clear and handle trades. The Company has been doing extensive research to find suitable candidates that will fill these spots and should be placing a deposit on one in the coming weeks.
Over the next year the Company will register with the SEC to act as a clearing agency to help offer companies an alternative to DTCC as well as create a secondary market place for companies to trade. These ventures will take time to complete, but will truly make Baron Capital a “one stop shop.”
During the coming months the Company looks to expand the Board of Directors with local business leaders and people who can add creditability to the overall Company, as well as adding additional Officers while being cost conscious.
The foregoing press announcement contains forward-looking statements that can be identified by such terminology such as “believes,” “expects,” “potential,” “plans,” “suggests,” “may,” “should,” “could,” “intends,” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results to be materially different from any future results, performance or achievements expressed or implied by such statements. In particular, management's expectations could be affected by, among other things, uncertainties relating to our success in completing acquisitions, financing our operations, entering into strategic partnerships, engaging management and other matters disclosed by us in our public filings from time to time. Forward-looking statements speak only as to the date they are made. The Company does not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made.
Sharpening my shank...don't know when someone will try to roll up in here.
Cigarettes! Get your Cigarettes!
Dime bags, 8 balls! Whatever you need the Pimp can get!
WARDEN! (Runs coffee cup accross the bars)
WARDEN! (Runs coffee cup accross the bars)
I am in here for no reason...FREE MY PEOPLE!
And don't call me names either Ms Shelly! Ms Rhetoric!
Allegedly I am here becuase of multiple aliases. If that is true then delete one that is free and let me ride the one I FREAKIN paid for WARDEN! :)
I have been good and obided by the Rules...check my posts por favor... :)
Nobody knows the trouble I've seen...Sharpening my shank...don't know when someone will try to roll up in here.
Perhaps Playa..you read some PR's....YA DIG!
http://finance.yahoo.com/news/247MGI-Issues-Share-Structure-bw-4176124410.html?x=0
Not halted. Alot of brokerages are now not clearing pinks. Hence, the HALT thougths. The SEC has not halted TOFS.
MM's are screwing the PPS raw and they will continue to do this until the company does something about it.
Such trash...MM's and flippers will kill this day in and day out. getting really sick of these tricks games.
So trick just hit a 500K at .0011 Premarket...
My L2 showing
.0012 VFIN 5K
.0012 NITE 5K
.0018 VNDM 5K
.0018 HDSN 5K
.02512 CSTI 5K
.5014 VERT 2.5K
Here you go Playa...
Very similar if to the direction I think we will be bouncing to.
3 month clearing house revenues 78.4 Milly with a 6 month of 160Milly for 2011...DAAAAAAAAAAAMMMMMMMMMMMN!
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=67252471
Possibly...but who knows fooooshooo!
Just keep on holdin on my brother...with th comparison of the quarterly filing of a similiar company making 78M in one quater and 160M in 6 months...this could be beyond epic proportions in my pimp-o-logy hand book!
Its on LIKE DONKEY KONG!
fooooooshoooo
added link to IBOX
SEC Request for Transfer Agent Filings!
Baron Capital Transfer & Registrar CIK#: 0001523158
http://www.sec.gov/cgi-bin/browse-edgar?company=BARON+CAPITAL+TRANSFER++&match=contains&CIK=&filenum=&State=&Country=&SIC=&owner=exclude&Find=Find+Companies&action=getcompany
MasonTrend is back as an assistant Mod.
He brings a good following and still HOLDS LONG AND STRONG!
Share structure Updated!
A/S is now 1.6Billion....down from 100B!
http://baroncapitalenterprise.com/investors.html
$TOFS!$$$$$
The IBox has officially been PIMP'd!
After a name and cuspid change we take off...ya dig!
True True..but has not been changed on the OTC as of yet.
http://www.otcmarkets.com/stock/TOFS/company-info
IBox updated and upgraded!
Thank you MasonTrend for partial assistance.
Clicking on any banner you see will take you to the website.
GO TOFS! Until the name chance on the OTC...any bets on what it will be?
WOW Nice find! Thanks for the DD!
He's out! 8Milly to blast the 13's!
Not one in the same playa...check your stats again...
HealthTrim - Matthew Dwyer III
And it never has been Playa...Peeps just not watching their Ps and Q's when doing the due...ya dig!
I would say not to mention the actual ticker but post the links to compare.
Hey playa...I take a cent, then a duece, then a trace, etc...ya dig!
If I had the dough...I would get in the flow...ya dig!
True dat Prez....straight from the head Pimp himself...these tricks need to stop speculating...I am in for the long haul on this one.....ya dig!
Peeps can check out the sticky...comparison of similiar company.
$78M qtr revs, $160M 6mon revs....
GONNA MAKE IT RAIN! YA DIG!
I agree Mango-Pimpin! These tricks don't line up overnight and take some time to get your stable in order. But when it happens...the customers will be lining up around the block to get in the door.
Check out the sticky I put up of one company's 78M revenue for the quarter and 160M for the 6 months....INSANE PLAYA!
Our HEAD PIMP/CEO will be making it rain...YA DIG!
Spoken like a true OTC PIMP! Ya Dig!
Very similar if to the direction I think we will be bouncing to.
3 month clearing house revenues 78.4 Milly with a 6 month of 160Milly for 2011...DAAAAAAAAAAAMMMMMMMMMMMN!
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8085769
We press with this and we will be MAKIN IT RAIN!!!!!
Also...look at the company PPS..forget any baggage you may see the trick carrying....I think this will be bigger than we all could imagine in the pimp world! YAAAAAAAAAAA DIIIIIIIIIG!
PIMPS and PLAYAS check this...Very similar if to the direction I think we will be bouncing to.
3 month clearing house revenues 78.4 Milly with a 6 month of 160Milly for 2011...DAAAAAAAAAAAMMMMMMMMMMMN!
http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8085769
We press with this and we will be MAKIN IT RAIN!!!!!
Also...look at the company PPS..forget any baggage you may see the trick carrying....I think this will be bigger than we all could imagine in the pimp world! YAAAAAAAAAAA DIIIIIIIIIG!