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Re: Mango post# 87069

Wednesday, 02/08/2012 2:18:53 PM

Wednesday, February 08, 2012 2:18:53 PM

Post# of 164938
Also from that Nov. 2, 2011 PR

November 2, 2011

... During the conference call last week the Company promised no Reverse Splits and that it plans on reducing the Authorized to 1.2 Billion by the end of 2011. This goal still remains. Currently, the Company would need to retire 174 million shares to meet this goal. Although we increased the Authorized shares we do not intend on issuing all those shares, but just enough to move the Company forward until we have the ability to sell off our investments in a few weeks. Through a combination of the Company buying back shares along with individual investors buying back shares, the reduction to 1.2 billion can be accomplished....



Oopp's ... missed their goals a little I see!

http://www.prnewswire.com/news-releases/247mgi-places-deposit-on-brokerage-firm-and-orders-software-to-open-transfer-agency-133062708.html

trade based on your own due diligence

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