Baron Capital Enterprise Inc (BCAP)

[TRENDmendous]

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

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