TOFS UPDATED NEWS!
Smallcap Rapp to Enter Into Marketing Agreement
Friday April 4, 8:55 am ET
FT. LAUDERDALE, FL--(MARKET WIRE)--Apr 4, 2008 -- 247MGI, Inc. (OTC BB:TOFS.OB - News) ("247MGI") is pleased to announce that Smallcap Rapp(TM) is entering into its first Marketing Agreement. 247MGI hopes to enter into several agreements throughout the year to drive revenue and awareness to Smallcap Rapp(TM).
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Matt Dwyer, the Company's President, stated, "The Marketing Agreement fills avoid the Company has had with getting exposure to the show. Everyone we have had on the show likes the LIVE 30 minute format we just need to get the word out."
In other news
The reduction in the number of shares outstanding of the Company's common stock, as previously announced, will take place before the month is over. The shares will be converted into Preferred Stock that can be converted back to Common Stock after one year and will convert into the same number of shares of common stock as held today.
The servers should be arriving shortly which will allow the launch of the Player Application. When the Company receives some funding it will retain an attorney to fill the necessary Copyright protection and create the documents testers will need to fill out to insure the Player isn't copied or reverse engineered.
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:
CONTACT:
Matt Dwyer
Chairman and CEO
954 323 2516
e-mail: Email Contact
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Source: 247MGI, Inc.
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