Replies to post #27476 on Baron Capital Enterprise Inc (BCAP)

[OptionMonster]

You sure do alot of guessing..lol

[Bane]

FT. LAUDERDALE, Fla., Jun 03, 2008 (M2 PRESSWIRE via COMTEX) -- 247MGI, Inc.
(OTC:TOFS.PK) ("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.
247MGI has been working on this transaction for awhile and expects the certificates back in its possession within the next couple of weeks. When the 340 million share of common stock are canceled the number of outstanding shares will be 59 million, a big enough reduction for the Company to move forward with its planned reduction of the Authorized shares to 90 million.


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