3SOF

Remember

FORT LAUDERDALE, Fla., June 15, 2007 (PRIME NEWSWIRE) -- 247MGI, Inc. (``247MGI'') (Other OTC:TOFS.PK - News), which is acquiring PurFusion Worldwide, Inc. (``PFW''), announced today that it is working with PurFusion (http://www.purfusion.com) to acquire several of its strategic partners.
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247MGI is in final negotiations with several key partners of PFW to be acquired upon the closing of the PFW transaction. With these partners PFW will add several million to its revenue estimate for 2007 and beyond, while reducing cost of goods sold expenses. These additions will also tremendously increase PFW's asset base and net income projections.

247MGI is working to complete its audit and first quarter 10Q by June 30th. The audit for PFW will begin next week and is expected to be completed around the same time. Once the financials have been filed and 247MGI resumes trading on the OTCBB the closing will take place with PFW.

TOFS president emailed me back two days ago...

À: Vaillant, Denis
Cc:
Pièces jointes :

The financials are being worked on for filing next week by the deadline. The merger is alive and waiting on the completion of the financials. I was out of the office for two weeks and applogize if I missed an email from you. Please watch the wire for updates.



Matt Dwyer

President




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From: Vaillant, Denis [mailto:denis.vaillant@xxxxx]
Sent: Monday, August 06, 2007 9:20 AM
To: [email protected]
Subject:



Good morning Mister Dwyer,



I have written you but without answers ?

Is the Company still alive ?

10K,10Q, Reverse Merger ?....what about them ?

Can you reply me ?


Have a good day,

-Denis-


There's still not a lot  of interest...but watch L2...all will be get rapidely on news

Outstanding Shares
29,165,320 as of Apr 23, 2007

LOL....on 12.700 shares 
if they release their RM or/and 10 Q next week as the president is saying ...
So this will move fast !!!

Have a look on LV 2(a free one)...
ask will easily be getting hit / http://66.201.236.134/export/level2.jsp?symbol=tofs

R/M;10Q...to be announced this week...
Let see **

UP 75% 10Q is out

Form 10QSB for TOTAL IDENTITY CORP


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14-Aug-2007

Quarterly Report



ITEM 2. MANAGEMENT'S DISCUSSION AND ANALYSIS OR PLAN OF OPERATION
Overview

The following analysis of our results of operations and financial condition should be read in conjunction with the accompanying consolidated financial statements for the three months ended March 31, 2007 and notes thereto appearing elsewhere in this quarterly report.

We do not presently have any revenue generating operations. During March 2006 we entered into an agreement to sell all of the assets of our Yard Sale Drop Off subsidiary to an individual for $8,000 and discontinue its operations. Revenues from Yard Sale Drop Off as well as cost of sales and expenses related to Yard Sale Drop Off's operations have been included in discontinued operations for the fiscal 2006 period in the financial statements appearing elsewhere in this report. Since disposing of Yard Sale Drop Off, we began seeking to enter into a merger or business combination with an operating business or purchase assets of an operating business or that we could develop into an operating business. We have encountered difficulties in identifying assets and/or businesses to acquire in large part due to third parties' reluctance to combine with us due to our existing liabilities, actual and contingent, and our history of lawsuits. We are, therefore, determined to grow shareholder value by seeking to acquire under-managed and/or fragmented assets and business concepts, assemble complementary assets and business and seek to grow them internally into profitable business operations. After exploring a number of possible business ventures, during fiscal the first quarter of fiscal 2007 we determined to seek assets and businesses that we could assemble to establish a full service multimedia company offering a wide variety of services to both public and privately held companies, including:

· Transmission of Internet Protocol TV;

· Transmission of Internet Protocol Radio;

· Infomercial production; and

· Providing website design and hosting services and e-commerce solutions; and

· Marketing personalized DVD birthday and greeting cards; and

· Produce TV and Radio shows for third parties.

Our business model envisions a one-stop Internet media and advertising company that assisted its clients by creating marketing materials utilizing technology driven media formats for the distribution of information worldwide. We expect to use the Internet to deliver high quality content more efficiently than our competition. We also intend to create unique programs to include "live" as well as streaming video content to be delivered through the web and via satellite.

In order to continue to implement this business model we will need to raise approximately $500,000 in working capital.



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Results of Operations

Three months ended March 31, 2007 as compared to the three months ended March
31, 2006

                                                                            Increase/           Increase/
                                              Three Months Ended           (Decrease)           (Decrease)
                                           3/31/2007      3/31/2006       $2007 vs 2006       % 2007 vs 2006
Revenue                                             -              -                   -                    -
Cost of sales                                       -              -                   -                    -
Gross margin                                        -              -                   -                    -

Expenses
Salaries and wages                         $  158,779     $   51,000             107,779                 +211 %
Selling, general and administrative            11,830          8,758               3,072                  +35 %
Total expenses                                170,609         59,758             110,851                 +185 %

Loss from operations                         (170,609 )      (59,758 )           110,851                  185 %

Other income (expense)
Interest expense                               (6,394 )      (18,375 )           (11,981 )                -65 %
Other income                                        -             28                 (28 )               -100 %
Total other income (expense)                   (6,394 )      (18,347 )           (11,953 )                -65 %

Loss before discontinued operations          (177,003 )      (78,105 )            98,898                 +127 %

Discontinued operations                             -        (11,379 )           (11,379 )               -100 %

Net loss                                   $ (177,003 )   $  (89,484 )            87,519                  +98 %




Total expenses

Our total expenses for the three months ended March 31, 2007 were $170,609, a increase of $110,851, or approximately 185%, from our total expenses of $59,758 for the three months ended March 31, 2006. Included in this decrease were the following:

? Salaries and wages increased $107,779, or 211%, to $158,779 for the three months ended March 31, 2007 from $51,000 for the three months ended March 31, 2006. This increase is primarily attributable to the difference in the value of stock options issued and a higher annual salary related to a new employment agreement for our CEO and the issuance of more options and recognition accrued wages as a result of a new employment agreement with an individual employed to be President, and

? Selling, general and administrative expense increased $3,072 or approximately 35%, to $11,830 for the three months ended March 31, 2007 from $8,758 for the three months ended March 31, 2006 which reflects our reduced corporate operations expenses during the 2006 period where most of the expenditures were made for our subsidiary YSDO and are presented as discontinued operations.

Total other income (expense)

Overall, total other expense decreased $11,953 for the three months ended March 31, 2007 from the three months ended March 31, 2006 which is primarily attributable to a decrease in interest expense of $11,981 for the three months ended March 31, 2007 from the three months ended March 31, 2006 which reflects the issuance of common stock in lieu of payment of debt interest and penalties during the three months ended March 31, 2007.



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Discontinued operations
As described earlier in this section, we discontinued the operations of YSDO in fiscal 2006. We reported discontinued operations for the three months ended March 31, 2006 of a loss of $11,379 related to the operations of YSDO. We did not have a comparable expense in the fiscal 2007 period.

Liquidity and Capital Resources

Liquidity is the ability of a company to generate funds to support its current and future operations, satisfy its obligations and otherwise operate on an ongoing basis. At March 31, 2007, we had cash on hand of aproxiamtely $1,000 and a working capital deficit of $503,672.

At March 31, 2007 we had total assets of $1,649 which consisted of $1,003 of cash and $646 of prepaid expenses. Our total liabilities of $505,321 at March 31, 2007 included $185,864 of accounts payable and accounts payable - related party, $109,004 of accrued expenses, an aggregate of $210,453 in convertible debentures and notes payable, including $60,453 of notes payable - related parties. We do not currently have sufficient working capital to satisfy these obligations.

Net cash used by operating activities for the three months ended March 31, 2007 was $6,321 as compared to net cash used by operating activities of $6,101 for the three months ended March 31, 2006.

During the three months ended March 31, 2007 cash used in operating activities included increases of $11,759 in accounts payable and accounts payable - related parties and $75,144 in acrued expenses and expenses - related party with an add back of non-cash items of $83,779. During the three months ended March 31, 2006 cash used in operating activities unrelated to discontinued operations included increases of $895 in accounts payable and accounts payable - related parties and $44,375 in acrued expenses and expenses - related party with an add back of non-cash items of $22,226.

Net cash used by investing activities for the three months ended March 31, 2007 and 2006 was $0.

Net cash provided by financing activities for the three months ended March 31, 2007 was $6,972 as compared to net cash provided by financing activities of $7,590 for the three months ended March 31, 2006and reflects a decrease of in proceeds from related party advances for operating expenses.

At March 31, 2007, after giving effect to the various conversions of liabilities to equity as described in the accompanying financial statements, we owe approximately $396,317 under payables and notes, as well as approximately $72,917 in accrued wages and approximately $36,087 in accrued interest. We do not have the cash necessary to satisfy these obligations. At March 31, 2007, we had approxiamtely $1,003 of cash, a working capital deficit of $503,672 and an accumulated deficit of $11,531,177. The report from our independent registered public accounting firm on our audited financial statements at December 31, 2006 contains an explanatory paragraph regarding doubt as to our ability to continue as a going concern as a result of our losses and working capital deficit. We do not have sufficient working capital to pay our existing obligations or our operating costs for the next 12 months and we will require additional funds to pay our legal, accounting and other fees associated with our company and its filing obligations under federal securities laws, as well as to pay our other accounts payable generated in the ordinary course of our business. As discussed earlier in this report, we will also need to raise approximately $500,000 in working capital in connection with the implementation of our current business model. We have no commitments from any party to provide such funds to us. While our Chief Executive Officer has historically funded our operating exenses, and converted the indebtedness created thereby into equity, there is no assurance that our Chief Executive Officer will continue to fund operating expenses. If we are unable to obtain additional capital as necessary, we will be unable to satisfy our obligations and otherwise continue to meet our reporting obligations under federal securities laws.

Critical Accounting Policies

Our financial statements and accompanying notes are prepared in accordance with generally accepted accounting principles in the United States. Preparing financial statements requires management to make estimates and assumptions that affect the reported amounts of assets, liabilities,



--------------------------------------------------------------------------------

revenue and expenses. These estimates and assumptions are affected by management's applications of accounting policies. Critical accounting policies for our company include the following:

Fixed assets. Fixed assets are recorded at cost. Major additions and improvements are capitalized. Minor replacements, maintenance and repairs that do not increase the useful life of the assets are expensed as incurred. Depreciation of property and equipment is determined on a straight-line basis over the expected useful lives. The cost and related accumulated depreciation of equipment retired or sold are removed from the accounts and any differences between the undepreciated amount and the proceeds from the sale are recorded as gain or loss on sale of equipment. All of our fixed assets were repossessed to pay secured debt during November 2004 (see Note 3 of the Notes to Consolidated Financial Statements appearing elsewhere in this report.)

Long-Lived Assets We adopted Statement of Financial Accounting Standards No.
144 (SFAS 144), "Accounting for the Impairment or Disposal of Long-Lived Assets". SFAS 144 develops one accounting model (based on the model in SFAS 121) for long-lived assets that are to be disposed of by sale and addresses the principal implementation issues. SFAS 144 requires that long-lived assets that are to be disposed of by sale be measured at the lower of book value or fair value less cost to sell. This requirement eliminates the previous (APB30) requirement that discontinued operations be measured at net realizable value or that entities include under discontinued operations in the financial statements amounts for operating losses that have not yet occurred. Additionally, SFAS 144 expands the scope of discontinued operations to include all components of an entity with operations that (1) can be distinguished from the rest of the entity and (2) will be eliminated from the ongoing operations of the entity in a disposal transaction.

Stock Based Compensation. We adhere to the requirements of SFAS No. 123(R) (SFAS
123(R)) "Share Based Payment" in accounting for the issuance of all equity instruments. SFAS 123(R) generally requires that share based payment transactions be accounted for using a fair-value based method with the resulting cost recognized in the financial statements.

New Accounting Standards

In July 2006, the FASB issued FASB Interpretation No. 48, "Accounting for Uncertainty in Income Taxes - an interpretation of FASB Statement No. 109, Accounting for Income Taxes (SFAS No. 109)" (FIN 48). FIN 48 clarifies the accounting for uncertainty in income taxes recognized in accordance with SFAS No. 109 and prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a return. Guidance is also provided on de-recognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. FIN 48 is effective for fiscal years beginning after December 15, 2006. The effect of adoption of FIN 48 is not anticipated to have a material impact on our company.

In September 2006, the FASB issued SFAS No. 157, "Fair Value Measurements" (SFAS 157). SFAS 157 defines fair value, establishes a framework for measuring fair value and expands disclosures about fair value measurements. Where applicable, SFAS 157 clarifies and codifies related guidance within other generally accepted accounting principles. SFAS 157 is effective for fiscal years beginning after November 15, 2007. The effect of adoption of SFAS 157 is not anticipated to have a material impact on our company.

In February 2007, the FASB issued SFAS No. 159, "The Fair Value Option for Financial Assets and Financial Liabilities" (SFAS 159). SFAS 159 permits entities to measure many financial instruments and certain other items at fair value. The objective is to improve financial reporting by providing entities with the opportunity to mitigate volatility in reporting earnings caused by measuring related assets and liabilities differently without having to apply complex hedge accounting provisions. SFAS 159 is effective as of the first fiscal year beginning after November 15, 2007. The effect of adoption of SFAS 159 is not anticipated to have a material impact on our company.

 

Update from the company!!! ...

"The Float is about 6 million, hope to have news on the 211 this week before the long holiday and I can't comment on PurFusion just yet, but we close to closing other pending acqusistions."



Regards,



Matthew Dwyer

247MGI, Inc.

954-323-2516

[email protected]





Und:

UPDATE FROM MATT!!!! MUST READ THIS$$$$$$$$

We are working on several items the street has been waiting for and hope to unleash some of them this week.

Regards,

Matthew Dwyer

247MGI, Inc.

954-323-2516

[email protected]


'm wondering what will be the news 

*****UP 60%==> NEWS TOMORROW PM*****


(it will be juicy)

I was told that we'll get some news today
Keep an eye on

mail from august 28

>>>Mid next week this is kind of a short week I think I will hold off until after the holiday it will blow peoples minds what we have been doing with PurFusion I can safely say as long as everything falls in to place what we will have is revolutionary and the only one of its kind in the world.



I believe the market will stand up and take notice and overlook some of the company's short comings since they will be solved with the revenue potential of these products.<<<

MADE  ...and Nice...
247MGI Completes First Acquistion
Friday August 31, 4:00 pm ET


FORT LAUDERDALE, Fla., Aug. 31, 2007 (PRIME NEWSWIRE) -- 247MGI Inc. (Other OTC:TOFS.PK - News) (``247MGI'') is pleased to announce that it has acquired the assets of a South Florida Media company for restricted common stock from our CEO Officer Matthew Dwyer.
ADVERTISEMENT





247MGI will file an 8K next week releasing the terms of the transaction and will change its designation from a ``developments stage company'' to an ``operating company.'' 247MGI now owns a full service studio capable of Broadcast high resolution via the Internet. The Internet Broadcast services will include streaming high-resolution quality Video and Digital Audio over the web through its own proprietary hybrid player application and with the assistance of PurFusion it will utilize up to 98% less bandwidth during broadcasts then competitors currently use today.

247MGI has also acquired four software applications that are in various stages of development and deployment. The applications will be utilized by 247MGI in its media business some will be licensed out to third party companies and resold under a private label. Among the assets acquired was Digi Card, a personalized alternative to traditional birthday cards, the DVD birthday greeting card from professional athletes will play on any DVD player, can be tailored to a specific any age group and is not gender specific.

247MGI anticipates beginning operations of its IPRadio network in September and to begin broadcasting of its IPTV network in November. 247MGI forecasts monthly revenue of over $100,000 per month by the first quarter of 2008 and over $1 million per month 12 months from now. The increase is based on growth of the audience for its broadcasts over the next 12 months.

Great chart! TOFS is definitely going places!!

News:
November 14, 2007 - Smallcap Rapp Reschedules Broadcast Date
http://www.tradingmarkets.com/.site/news/Stock%20News/825142/

Smallcap Rapp(TM):
New Show - 11/20/2007 at 11AM EST

Wallstreet-Review:
Launch: December

247MGI Media Player:
Beta Launch: December
Launch: January

10-Q:
http://www.pinksheets.com/edgar/GetFilingHtml?FilingID=5549187
A form NT 10-Q has been filed, which gives 247MGI until the 19th of November to post the 10Q since the deadline was on the 14th.

14C:
"Once we have completed the 10Q we will file the 14C which is an information statement with the SEC to reduce our Authorized shares from 500 million to 90 million."

OTCBB:
"247MGI has been trying to resume trading on the OTCBB since September 27 when a Form 211 Exemption was filed. We have had several delays until we received a response indicating the company needed to use a certain Item number in the 211 that would negate the use of the Exemption. Although we have a different opinion then the examiner we have decided to file the full 15c-211, which is a difference of 3 pages and since we are a fully reporting company all of our information is available for public review. I will keep everyone posted on the progress, but I would not expect the listing to occur until after the 10Q is filed so we are current. The 10Q is expected to be filed on or before the 19th of November, it is currently being worked on by the Auditors and our Counsel."

247MGI Releases Update on Form 15c-211 

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(TM) 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.

news AH yesterday Smiley

SOYO Inc. reported to shareholders today that on December 31, 2007, the Company completed the sale of all assets related to the Company's VoIP business to 247MGI, based in Miami, Florida. The sales price was $1,000,000 in restricted stock. The Company does not expect to recognize a material gain or loss on the transaction.

http://yahoo.brand.edgar-online.com/fetchFilingFrameset.aspx?FilingID=5636456&Type=HTML
quick recap

low float of 8M

There are several monthes that we're waiting for that uplist..now with this aquisition, I think we'll move quickly on otcBB .. Tongue

The full 211 is basically ready and should be filed aka in FINRA's hands next week. Can take b/w 10 to 30 days for FINRA to respond - The delay of this 211 was because of the amendments of the 10K and 10Q.

Acquisition completed that will assist in the launch of the media player and also its own form of revenue

14C will be filed after the uplist so we don't give FINRA excuses

10K and 10Q were amended today to satisfy the SEC

Smallcap Rapp will begin airing daily starting next week. Public shows will be PR'd accordingly

-- 02/20/2008 - 247MGI Inc. (OTC: TOFS) is pleased to announce the Company has been listed back on the OTCBB exchange as of recently. 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(TM) will resume airing on Monday the 25th and will feature All Asia Licensing, Inc. (http://www.allasialicensing.com/index.html) next week.