SOURCE: 247MGI

February 20, 2008 06:30 ET

247MGI to Resume Trading on the OTCBB

FT. LAUDERDALE, FL--(Marketwire - February 20, 2008) - 247MGI Inc. (OTCBB: TOFS) ("247MGI") is pleased to announce the Company has been listed back on the OTCBB exchange as of today.

Matt Dwyer, 247MGI CEO, stated, "This has been a long hard road for the Company and its shareholders. I appreciate the support and resilience of our shareholders for hanging strong through these past 5 months."

Smallcap Rapp™ will resume airing on Monday the 25th and will feature All Asia Licensing, Inc. (PINKSHEETS: AASI) (http://www.allasialicensing.com/index.html) next week. AASI announced last week that they have entered into a Memorandum of Understanding with Internet content filtering industry leader Netsweeper (www.Netsweeper.com), the content filtering managed services company which holds the industry's most advanced proprietary global filtering and categorization service for corporations, public sector organizations, ISPs and OEM applications. The terms in the MOU will successfully bring Netsweeper's popular suite of Internet tools and technology into China. Smallcap Rapp™ has been retained by a third party to represent AASI.

About AASI

AASI's primary focus is building Brand recognition in and out of Asia with a focus on cash flow positive businesses and opportunities with great potential. Our business model is flexible and AASI can act as a licensee but it also has the capability to act as a financier and incubate companies, packaging the opportunity with the best team possible to manage, westernize and commercialize the application.

247MGI Inc. is a full service multimedia company, a one-stop media and advertising company that assists its clients by creating marketing materials utilizing technology driven media formats for the distribution of information worldwide. The company utilizes the Internet to deliver its content more efficiently and at a higher standard than its competition. 247MGI has developed and continues to create unique programs to include "LIVE" as well as streaming video content which will be delivered in high resolution through the web.

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 Information

  • CONTACT:
    Matt Dwyer
    Chairman and CEO
    954 323 2516
    e-mail: Email Contact