Market Movers

247MGI to Complete Merger

FORT LAUDERDALE, Fla., Jun 15, 2011 (LevelStock.com News) -- 247MGI, Inc. (Pink Sheets: TOFS) ("247MGI") plans on completing its pending merger just after the 4th of July 2011. This will give the Company enough time to finish some open items from the Corporation's past.

The industry the Corporation is entering into is a multi billion dollar segment that has seen record growth during recent years and projections of continued growth on an annual basis. The Corporation's President has been working on this plan for several years and believes the Company will have numerous revenue streams from synergistic products all centering around one market.

The Company asks Shareholders to monitor PinkSheets.com for continued developments as the Company prepares for the future.

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.