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Tuesday, June 03, 2008 6:49:35 AM
247MGI to Cancel 40 Million Shares of Common Stock
Tuesday June 3, 6:30 am ET
FT. LAUDERDALE, FL--(MARKET WIRE)--Jun 3, 2008 -- 247MGI, Inc. (Other OTC:TOFS.PK - News) ("247MGI") is pleased to announce that a substantial shareholder of the Company has agreed to send back to the Company 40 million shares of common stock to be canceled for Preferred shares in the Company.
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