SOURCE: 247MGI Inc.

December 04, 2007 13:00 ET

247MGI Releases Update on Form 15c-211

FT. LAUDERDALE, FL--(Marketwire - December 4, 2007) - 247MGI Inc. (PINKSHEETS: TOFS) ("247MGI") is pleased to announce that it has found a Market Maker to file the Form 15c-211 so the Company can resume trading on the OTCBB. 247MGI will release the name of the Market Maker after the Form has been filed which is expected within the next 7-10 days.

247MGI is currently negotiating an exclusive marketing deal with Equity Solutions, Inc. to market Smallcap Rapp through its financial news distribution website U.S. Equity News (www.usequitynews.com). 247MGI is excited about working with Equity Solutions who has been serving the investment community for several years and looks forward to a mutually rewarding arraignment.

Smallcap Rapp will resume airing the week of December 10th to allow the Company time to supply the Market Maker with all the information needed to file the Form 15c-211. 247MGI is planning on airing the show up to three times a week beginning the week of the 10th and will change the format slightly to help engage the audience in more participation.

Smallcap Rapp™ is a live interactive show between its guests and the listening audience. Listeners can call into the show and interact LIVE with the company or they can IM or email questions to the host who will then ask the questions and the company will respond LIVE on the air.

You can register to receive Broadcast news from 247MGI by going to the main page of the website and signing up for the Broadcast Newsletter or type this address into your browser http://visitor.constantcontact.com/email.jsp?&m=1101849315569.

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.

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