Article: 247MGI ISSUES UPDATE.

M2 PRESSWIRE-2 September 2008-247MGI, Inc.: 247MGI ISSUES UPDATE(C)1994-2008 M2 COMMUNICATIONS LTD

RDATE:02092008

FT. LAUDERDALE, Fla. -- 247MGI, Inc. (OTC:TOFS:PK) ("247MGI") would like to update shareholders on how the Company's plans for the future are progressing. As of this Press Release the people we had hoped would join the Company have not.

We have encountered a problem that may hinder our ability to bring our financials current and without being able to bring our financials current we cannot amend the charter of the Company. We had thought we could resolve this matter without delaying our plans, but now it does not seem to be the case. ...

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