Baron Capital Enterprise Inc (BCAP)

[GOLDBUFFALO]

247MGI, Inc. issues update

(OTC: TOFS) (“247MGI”) would like to take this time to update shareholders on the status of the upgrade for PinkSheets.

The Company needs to re-file the financials for the following years 2008, 2009, 2010 and the first quarter of 2011. The listed number of shares Authorized is wrong, they should state 100 billion and the stated par value is wrong it should be $.00001. Once these are done the attorney will be able to render the legal opinion which will be uploaded to PinkSheets.com, the revised financials will be uploaded this week. The legal opinion should be uploaded by Wednesday of next week, once that is done it will take 3-5 days for the upgrade.

The Company stated last week that it would not do a Reverse Split without Shareholder approval. The Company has no plans of seeking shareholder approval for a Reverse Split as the Company believes the business nature and valuation should increase the value of the Company.

The Company is not participating in any financing programs at this time and has never issued any stock for a Reg D private placement nor shall it.

The Company has stated it will reduce the amount of Authorized shares to 1,600,000,000 this will not result in a decrease in the number of shares Outstanding currently, the Company will not rule out a reduction in the shares Outstanding in the future.

The Company recently stated the merger would not result in a change of control or any additional shares being issued, this can be done with the current CEO using his stock to complete the transaction, therefore keeping the current management in place resulting in NO change.

The Company asks Shareholders to monitor PinkSheets.com for continued developments.

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.