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TOFS has went from .0006 to .0009 in just a few days. We are above the 200MA, get to .0011 and we are in the 20MA
EVERY SINGLE THING THIS CEO PR'd HAS COME TO PASS, GET READY FOR THE OTCBB, GET READY FOR SOME GREAT FINANCIALS! DOLLAR LAND IN 2012, IMO!
9's up again! WE GONNA CLOSE GREEN TODAY!
I believe it!
accumulation keeps building, when our day comes it is gonna be huge!
Agreed! I cannot wait till he releases the financials!
When the financials are released, 247MGI will show a sizable amount of convertible debt it currently owns which it will convert and sell over the next 12 months realizing a multiple of 10-20 times the amount of debt owned.
BARON CAPITAL CONTINUES TO REDUCE SHARE STRUCTURE!
BARONS FIRST SALE $200,000!
BARON ALREADY HAS CUSTOMERS IN PLACE!
You read it, of course that's what it means! I think the CEO spelled it out quit simple. BARON HAS INCOME ALREADY!
Baron Capital sells Large block
I was asked to post regarding today’s PR; Baron is in the business of purchasing convertible aged debt and other instruments from both public and private companies.
Baron has entered in to a Stock Purchase Agreement selling back to this other public company a large block of their own stock; with this block the other public company will be able to complete a reverse merger with a private company.
Baron also has a large amount of aged debt dating back almost 2 years in this other public company which we intend on converting into stock at a discount and sell it on the open market to fund our own operations.
We cannot give out the trading symbols of these companies, but when the other public company releases news they will tag our stock symbol.
Regards
Matt
http://baroncapitalenterprise.com/index.php/blog
iPad winner announced. 15 SOF has a pulse. There are things happening at 15sof
* they are pink current (better than i can say for some of my pinky investments)
* they are not dumping shares IMO. When you see 100 mill a day being sold, then get worried.
* the website/social media is running. Most current post was 5 hours ago from the company
* GRDO can run on this share structure. There is one popular satellite radio company with a 3.95 Billion O/S and it sits at $1.75 today.
Patience will be the only thing rewarded. Investor relations silence is not good but how about we give the CEO at least 2 months to get things lined out, maybe get a PR
TOFS blog is working great. Now able to interact with comments on the blog
If we can break those .001'sss early, maybe we could see a nice run BUT it is Friday!
One good thing about it, with the low float, one good day of volume and shorty will have to cover. Then watch the pps jump. DNAD will come around one day. Patience will be rewarded
I stickied, and have plans of leaving it there until the CC
I am not usually real excited about penny stock charts but with everything else coming together at once, you have just got to look at the chart. Accumulation and MACD look absolutely fabulous!
JUST ABOUT EVERYTHING THAT CAN MAKE A PENNYSTOCK RUN IS HERE AT TOFS: charts, news, ss reductions, share buyback, merger
Do not tell me TOFS cannot run to dollar land. The chart is building, the news is there, name change is coming, financials, ticker change, share buyback, O/S reduction (possibly 500 mill). We could see some significant upward movement in the coming weeks.
O/S is not a factor, it can run to dollar land on much higher O/S
I sent an email earlier today and received a very timely response from the CEO. I really do not think every investor has a true grasp on what a great opportunity TOFS is.
TOFS is years in the making and is just now becoming a reality. I would suggest patience and invest as much as you can afford to lose.
When the manipulation of the pps is done( and I personally feel it is 2 tick flippers with big amounts of cash on hand) then all smart investors will be rewarded.
There is nothing absolutely anywhere to even remotely suggest it is the company dumping shares or dilution. That idea is absolutely ludicrous.
TOFS buying at the bid? Maybe. And if that is the case, we will reap even bigger rewards when the buyback is finished.
Baron Capital sells Large block
I was asked to post regarding today’s PR; Baron is in the business of purchasing convertible aged debt and other instruments from both public and private companies.
Baron has entered in to a Stock Purchase Agreement selling back to this other public company a large block of their own stock; with this block the other public company will be able to complete a reverse merger with a private company.
Baron also has a large amount of aged debt dating back almost 2 years in this other public company which we intend on converting into stock at a discount and sell it on the open market to fund our own operations.
We cannot give out the trading symbols of these companies, but when the other public company releases news they will tag our stock symbol.
Regards
Matt
ok, thanks. no l2, freebie l2 is offline
I thought only 230K was left?
This post here explains the best of what I think is happening in regards to today's news.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68185582
They are on topic, it is about TOFS and all posts on are iHub are considered opinion just by being on the site
With the chart ready to go, this news is perfect timing!
247MGI Sells Large Block of Stock for $200,000 as Part of Reverse Merger for One of Its Investments
247MGI, Inc. (Pink Sheets:TOFS) (“247MGI”) soon to be known as Baron Capital Enterprises, Inc., www.baroncapitalenterprise.com) is pleased to announce that the Company has entered into a Stock Purchase Agreement to sell a large block of stock it owns back to the company for $200,000, so it can complete a reverse merger.
TOFS currently holds a large portion of convertible debt in this company and prior to the merger being complete TOFS will enter into a long term agreement with the new company to help provide additional capital through loans and equity investments. Once the company issues their own press release it will include our stock symbol so everyone can follow along.
Matt Dwyer, President stated: “This is when things get exciting, we have a percentage of return built in to each transaction, but when the market sees the deal it could have a much stronger reaction then we anticipate which would cause our returns to be greater. This will be a long term project for the Company, which will equate to long term profits.”
Earlier we had announced we would release our financials on November 1, 2011. We are trying to release them at an earlier time, possibly for the Investor Conference call on Wednesday, October 26th.
The Call in information is Wednesday October 26, 2011 starting at 12:30 PM ET.
Conference dial-in number: (209) 647-1600
Access code: 239084#
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.
FINALLY! Fong Dynasty is gone! wheewww! I am gonna jump back in and start averaging down!
GOOD MORNING TOFS! TOP OF THE MORNING TO ALL AND HOPING FOR A GREEN DAY!
MACD crossed over, accumulation is WOW! Anyday now......
Just some thought on your post.
pr's cost $200 bucks each. I have checked, if you want me to send you a link, no problem. Campaigns cost around $10,000 each (which I have not seen with TOFS currently). Exactly how else is a penny supposed to get the word out? Millions of dollars, no way.
Everything in the past is irrelevant for the current TOFS. What everyone here is investing in has just started. Yes, the three year chart can be dismissed as not applicable.
That was my point also, a three year chart is irrelevant.
Good find!
When Solimar gets equipment on the ground, GRPR is gonna start seeing investors come back in that were in it at $4 pps. Getting oil out of the shale is somewhat a new technology from my understanding.
So, testing first- .25 - .75 a share?
Drilling - $1 a share
Oil pumping into barrels - >>>>>>>>>>>>>>>>kaboooooommmm!!!!,<<<<<<<<<<
The float is 927 million as of the last official information on OTC markets. That is the only ss data that matters, what the otc reports.
http://www.otcmarkets.com/stock/TOFS/company-info
Now, the CEO said "The shares outstanding and the float are one in the same there are no restricted shares, since all share have been issued for over 2 years."
Let us look at this the other way, is the O/S now below 927 million? We now for a fact he has been buying shares. We know he said he was gonna get O/S to around 500 mill. Ask yourself why the accumulation is building, the float has not increased since the last reported 927 million.
Matt will get the pps way up before the CC, IMO, makes for a better CC!
What does a 3 year chart show?
iBox has the most current information on share structure. OTC markets is the final word on SS. Period.
http://www.otcmarkets.com/stock/TOFS/company-info
Elite Merlin PDF link - http://app.efcg.net/uploads/advisory/DNAD-101911.pdf