SOURCE: 247MGI, Inc.

February 22, 2008 09:45 ET

Smallcap Rapp™ to Feature Diamond I, Inc.

FT. LAUDERDALE, FL--(Marketwire - February 22, 2008) - 247MGI Inc. (OTCBB: TOFS) ("247MGI") is pleased to announce that Smallcap Rapp™ has added Diamond I, Inc. (OTCBB: DMOI) to Monday's Broadcast beginning at 1:00 PM EST. Monday's show is being sponsored by U.S. Equity News, a financial news distribution service by Equity Solutions, Inc. To find out more about the company please visit (www.equityirsolutions.com).

247MGI will also introduce a new show format for the Real Estate market on Monday. 247MGI is partnering with a local company involved in Real Estate coaching that is currently using conference calls to host their coaching classes, but now will use the 247Broadcast Network to air their weekly show beginning in the end of March. The company is supplying its own extensive proprietary database of licensed real estate brokers nation wide to market their coaching classes too.

Smallcap Rapp™ will also feature a new commercial spot beginning Monday for LG Sports Marketing (www.lgsportsmarketing.com), offering sponsorship of a group of fighters from several fighting levels in the sport of Mixed Martial Arts (MMA) including "Showtime" Jamie Varner! Who recently knocked out his opponent to become the WEC Lightweight Champion. MMA is the fastest growing sport in the world, not just in participants and loyal fans but also in viewers; primarily in the 18-34-year-old male demographic.

About Diamond I, Inc. (OTCBB: DMOI)

As an entry into the oil and gas industry, DMOI has entered into an agreement with a private Texas company to acquire six producing oil and gas properties. After a short period of due diligence and financing activities, DMOI intends to complete the acquisition of the first of the properties early in the second quarter of 2008. In the current environment of $90-per-barrel oil, DMOI expects that it will continue to receive a high volume of proposals. From the gathered proposals, management intends to select DMOI's next oil and gas project, one that brings near-term production without sacrificing DMOI's long-term success. In addition, DMOI opened its first free online Poker site, IslandBlueCasino.net, a for-entertainment-only site legal for users in the United States. Island Blue Casino was designed to create a revenue stream for the company, through the use of click-through advertising programs, such as that offered by Amazon.com. DMOI derived revenues from this web site, during the last two months of 2007. DMOI continues to finalize its "GS3" hand-held gaming unit that is the key facet of its WifiCasino GS gaming system. With the passage of Nevada Law AB471, which authorizes the use of mobile communication devices for gaming in public areas in Nevada casinos.

Smallcap Rapp™ will feature Andrew Lee of All Asia Licensing, Inc. (PINKSHEETS: AASI) on Wednesday, February 27, 2008 at 1:00 EST.

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.

To contact the show please visit www.smallcaprapp.com where you can register for the chat room and interact with other listeners, or you can email questions regarding the upcoming show to listener@247mgi.com.

You can register to receive Broadcast news from 247MGI on the main page of our website and sign 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.

Contact Information

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