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And let's not forget the Video show i bet that goes off this week......
Spread the word the Cert is going bye bye back at the open...
REACAP:
Cert being delivered today drop O/S to 99 mill
40 mill cert to be delivered also this month drops O/s to 59 Mill
New show format
NEW Voices Two chick on a Mic
Record web stats
Am i missing something?????????
Stats moving up another record month we could break below 2 mill on the ALEXA ratings Cool....
8 shows this week.......
Well this should end the debate just go to fedex and track the package we will all see it arrive at the T/A this am....
Breaking NEWS:
247MGI, Inc.: 247MGI Returns Certificate To Transfer Agent
Jun 09, 2008 (M2 PRESSWIRE via COMTEX) -- NOTE TO EDITORS: This is a list of shows appearing on Smallcap Rapp, a LIVE interactive radio show broadcast over the web.
FT. LAUDERDALE, Fla -- 247MGI, Inc. (OTC:TOFS.PK) ("247MGI") is pleased to announce the Company has sent via FedEx (tracking # 848364124304) the certificate for 300 million shares of Common stock to its transfer agent Continental Stock Transfer. The shares where returned to the Company by the Company's CEO Matthew Dwyer in exchange for convertible Preferred stock. Within the next week the Company hopes to overnight an additional 40 million shares previously announced which shall also convert to Preferred stock.
After the transfer agent receives the certificate and returns the shares to the Company, the outstanding shares shall be reduced to 99 million shares. When the additional 40 million is returned the Company can move forward with its plan to reduce the Authorized shares to 90 million.
247MGI reported record web stats for the month of May and is on a run rate to exceed May's traffic and set a new record for the month of June. Web traffic will continue to grow as the Company looks to begin advertising and launches it new format with two new voices.
This week's line up is as follow:
T. Riggs Eckelberry, CEO, OriginOil Inc. (OOIL.OB) on Monday June 9 at 1:00 EST
Keith Houser, CEO, BioTech Medics (BMCS.PK) on Monday June 9 at 1:30 EST
James Ammons, CEO, Data Call Technologies (DCLT.OB), Inc. June 9 at 2:00 EST
Daniel Chain, CEO, Intellect Neurosciences, Inc. (ILNS.OB) June 11 1:00 EST
Frank Speight, CEO, American Capital Partners Limited, Inc. (APRJ.PK) June 11 at 1:30 EST
Jordan Hudgens, CEO, VidShadow, Inc. (VSHD.PK) June 11 at 2:00 EST
John Calash President Steadfast Holdings Group Inc (STHG.PK) on Friday June 13 at 1:00 EST
Bruce Caplin CEO of Gold River Productions, Inc (GRPS.PK) on June 13th at 1:30 EST
Military Calling Cards
247MGI has placed a Paypal link on its website to raise money to send calling cards to our troops. Please donate whatever you can so our men and women of the military can do what we do everyday, call home!
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.
CONTACT: 247Newswire e-mail: mdwyer2247mgi.com
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.
(C)1994-2008 M2 COMMUNICATIONS LTD
Out of here let's see what tomorrow brings to us....
Right on!!!!!!!!!!!GO TOFS!!!!!
Thanks you too.
Agreed less strees on the company financially...
that is so true good post eur....
WEll maybe things a little longer then expected, but are happening now...OTCBB flopped, but for now who cares can still make a score...don't know maybe peeps lost their shirts elsewhere trying to get even here...
Da Chief Free at last no walls can keep him in what's up my brotha? I hope you didn;t get taken advantage off in the shower...LOL
I agree all companies floats increase...
SOYO is under a lock-up agreement hat can't sell until 2009 and only 25k a day for 10 trading days...
I would agree that stocks of all kinds not just Pinks trade that way I am sure family and friends are invested here, but I would email and ask....
As for good intentions I have think we have seen that after all the shares being returned as his own which locks them up for a year from whenever he might convert his common must give credit where credit is due...
Lesco the company has been making nothing but progress the last month shows on time...
Archive looks great...
Cancellation of shares...
I am not seeing the disoder here....
I will not argue the 99% theroy with you that is your opinion and you are entitled to it...
about 6 months ago maybe...I would say even last year it might have been 6 mill, but the stated float has been known for a while...
eur he can't sell his shares if he did it would trigger a 144 filing and you would see that...also with the reports not filed he can't sell under 144 until the company is current...now for the increase in the float last year that was for the cancellation of debt look at the third quarter Q all in there...
I can see you point and I respect it...buy low sell high make a profit move on nothing wrong with that..As for a long term player in this deal I would rather a different approach...
Thanks semi...
OK I will slow thing down for people the company is reducing the O/S to reduce the A/S when the O/S is NORMALLY REDUCED it is by a reverse split not the return of shares...The share when issued in March as per a post in the 26,000's are all restricted and to the CEO so those share where never in danager of being part of the float therefore NO DILUTION can't make it any simpler...Other then flippers you didn't know anything....
See now thats what I'm talking about good attitude and a great way to trade...GO MONSTER!!!!!!!!!
Great part of living in this country is voting I vote stay OTCBB and make it happen when it makes sense....
OK time to move on.....have fun all.....will respond to your posts later hopefully some will be based on facts and not crazy thoughts that can't be proven since no one has proven anything that they have posted in the last 48 hours or the past year...been along since 1999....can anyone else say that....
Well that takes us to the fork in the road spend 85k plus to do the financials or file to be non reporting then become a full Pink and not have to release any...I will take option one which means when the company has the means it will get done did last year did in 2006...
The response was it will be released when the financials are filed whenever that is...
But I see where you are going I haven't seen update financials since Sept Q are they paying debt? is he paying himself? is the money being spent on corporate matters? and what is the actual cost per show since the shows aren't a full half hour don't know we will all know when financial info is released...
Don't know what the revs are at this point...
Nope was doing other stuff see replies
Thats is correct not including his salary, or the salary of others...
I do agree with you...and on the other hand Ithink it is a catch twenty two...see my last post use $$$ buy back stock good for the shareholders and the pps....spend $$$ and shore up the company with resources to continue to move forward....I would be right there with you about buying the stock if we had a acquisition that depended on the PPS hell yeah spend all $80k+ on buying back the stock....
But wouldn't it make sense to spend that money on development and other resources so the company is more then Matt...What if got sick or as you say his cats get sick then everything comes to a halt again...makes more sense to shore up the company so life goes on if he is there or not...
I couldn't tell other then for argument sake let's assume longs got out of 1 mill or more in the .08-.013 range the way this is trading peeps can come in buy at .01 or lower and resell for 10-20% profit all week long now if it is more....then what it will take is for someone to go on the bid with enough cash to buy 2 million shares at .015 that will clean up everything and you will see the pps go to plus 2 very fast...its trading the more they sell causes more peeps to lose faith and sell so whatever you started they with is more and cheaper they buy to lower their average and the quicker they can flip...JMO
Now for a realistic outlook
Board marks almost the hightest ever
Web states on record pace again
Shows going off every day and the Archive page looks awesome
Video broadcast getting done
New voices and a new format
And why all the b*tching.....Peeps like to be kill joys not just on the HUB but in the marekt that's how they make money making others panic so they can scoop up never let your emotions control your trading...
Sure will email and see what comes back...No problem
OK thought I didn't spell out the word see people use * to replace a letter, but thanks for the heads up...
Probably not sure never asked....be intersting to see how SOYO valued them in their financials if they broke out the Viop division...
Don't know wouldn't even know how to value them if we could get a list we would know better I think I read there is 4000 items so depending on what they are do you use eBay or a Luidation.com or try to find another viop company and sell to them not sure....