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ASSET PURCHASE AGREEMENT

This ASSET PURCHASE AGREEMENT dated as of December 28, 2007 (the "Agreement") is
entered into by and between 247MGI, Inc. (“247MGI”) a publicly traded
corporation organized under the laws of, and domiciled in, the State of Florida,
Sovereign Research, LLC (“Sovereign”), a Florida limited liability company and a
wholly-owned subsidiary of Sovereign ("Buyer"), and SOYO Group, Inc., a publicly
traded corporation organized under the laws of, and domiciled in, the State of
Nevada (“Seller”).

PREAMBLE

WHEREAS, Seller owns certain assets comprising its “VOIP Division” that are used
to transmit telephone calls over the internet (the “Assets”); and

WHEREAS, the Assets are more particularly described on Schedule 1.1; and

WHEREAS, Seller desires to convey, sell and assign to Buyer all of Seller’s
right, title and interest in and to the Assets, upon the terms and conditions
contained in this Agreement; and

WHEREAS, Buyer desires to purchase the Assets upon the terms and conditions
contained in this Agreement.

NOW THEREFORE, in consideration of the mutual promises and covenants set forth
herein, and for other good and valuable consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties agree as follows:

1.  Sale and Purchase of Assets.

1.1  Sale and Purchase of Assets.  Subject to the terms and conditions of this
Agreement, at the closing described in Section 6 (the "Closing"), Seller shall
sell, assign and convey the Assets to Buyer, and Buyer shall purchase the Assets
from Seller.

1.2  Liabilities Excluded.  In connection with Buyer’s purchase of the Assets,
Buyer shall not assume or become responsible for any indebtedness, liabilities
or obligations of Seller (the “Liabilities”).

2.  Purchase Price; Payment.

2.1  Purchase Price.  The purchase price for the Assets shall be the sum of
$1,000,000 (the “Purchase Price”), which the parties agree and acknowledge is
equal to Seller’s audited value of the Assets.  The Purchase Price shall be paid
by delivery to Seller at the Closing, of one or more certificates evidencing an
aggregate of,40,000,000  shares of the authorized but unissued common stock of
247MGI (the “247MGI Shares”).

2.2  The 247MGI Shares.  The 247MGI Shares have not been registered under the
Securities Act of 1933, as amended (the “Act”), and such securities may not be
sold, assigned, pledged, hypothecated, transferred or otherwise disposed of
absent registration under the Act or the availability of an applicable exemption
therefrom.  Resale of the 247MGI Shares shall also be limited under Section 8.3
of this Agreement.  Each certificate evidencing any of the 247MGI Shares shall
bear the following or substantially legend:

These securities have not been registered under the Securities Act of 1933, as
amended, or any state securities laws and may not be sold or otherwise
transferred­ or disposed of except pursuant to an effective registration
statement under any applicable federal and state securi­ties laws, or an opinion
of counsel satisfac­tory to the Company that an exemp­tion from registration is
available.

2.3  Delivery of the 247MGI Shares.  The 247MGI Shares shall be issued at the
Closing and delivered to and retained by 247MGI for delivery to the Seller as
follows: (i) one-half of the 247MGI Shares shall be delivered to the Seller, by
overnight courier, upon Seller’s delivery to 247MGI of a shipping manifest
evidencing that the Assets have been entrusted to a reputable trucking company
and are enroute to 247MGI’s facilities, and (ii) the balance of the 247MGI
Shares shall be delivered to the Seller, by overnight courier, within 48 hours
of Seller’s receipt of the Assets.

3.  Representations and Warranties of Seller.  Except as otherwise set forth in
a disclosure schedule delivered by Seller at the time this Agreement is executed
and delivered (the “Seller Disclosure Schedule”), Seller, hereby represents and
warrants to 247MGI and Buyer, as of the date hereof and as of the Closing Date,
as follows.

3.1  Authority and Enforcement.  Seller has all requisite power and authority to
execute and deliver this Agreement, and to consummate the transactions
contemplated hereby.  Seller has taken all action necessary for the execution
and delivery of this Agreement and the consummation of the transactions
contemplated hereby, and this Agreement constitutes the valid and binding
obligation of Seller, enforceable against Seller in accordance with its terms,
except as may be affected by bankruptcy, insolvency, moratoria or other similar
laws affecting the enforcement of creditors’ rights generally and subject to the
qualification that the availability of equitable remedies is subject to the
discretion of the court before which any proceeding therefore may be brought.

3.2  No Conflicts or Defaults.  The execution and delivery of this Agreement by
Seller and the consummation of the transactions contemplated hereby do not and
shall not, with or without the giving of notice or the passage of time, (i)
violate, breach or conflict with the articles of organization, bylaws or
corresponding organizational documents of Seller, (ii) result in a material
breach of, or a material default or loss of rights under, any covenant,
agreement, mortgage, indenture, lease, instrument, permit or license to which
Seller is a party or by which Seller is bound, or any judgment, order or decree,
or any law, rule or regulation to which Seller or any of its assets is subject,
(iii) result in the creation of, or give any party the right to create, any
lien, charge, encumbrance, security interest or any other right or adverse
interest (“Liens”) upon any of the Assets, (iv) terminate or give any party the
right to terminate, amend, abandon or refuse to perform, any material agreement,
arrangement or commitment relating to the Assets, or (v) have a material adverse
effect on the acquisition or ownership of the Assets by Buyer or consummation of
the transactions contemplated hereby (a “Seller Material Adverse Effect”).

3.3  Consents of Third Parties.  The execution, delivery and performance of this
Agreement and the consummation of the transactions contemplated hereby by Seller
does not require the consent of any person, or such consent has or will be
obtained, in writing, prior to the Closing.

3.4  No Litigation. There are no legal, equitable, administrative,
arbi­tra­­tion, governmental, regulatory or other proceedings pending against
Seller, or, to the best knowledge of Seller, threatened against it, an adverse
determination to which would be likely to result in a Seller Material Adverse
Effect.

3.5  No Options or Other Agreements.  There are no options or agree­ments of any
charac­ter relating to the Assets to which Seller is a party, or by which Seller
is bound that, if exercised or consummated, would be likely to result in a
Seller Material Adverse Effect.

3.6  Title to Assets.  Seller is the owner of the Assets, free and clear of all
Liens.  Upon consummation of the transactions contemplated hereby, Buyer will
acquire good and marketable title to the Assets.

3.7  Taxes.  Seller has filed all tax returns that it was required to file, and
has paid all taxes indicated on such returns for such periods which are due and
payable as of the date hereof.  All such tax returns were in all respects true,
complete and correct and filed on a timely basis.  None of the income tax
returns filed by, on behalf of or with respect to Seller is currently the
subject of an audit, and no notice of a planned audit has been received by or on
behalf of Seller

3.8  Compliance with Laws.  Seller is and, to its knowledge, others who perform
services on its behalf, have been and are in compliance with all applicable
federal, state, local and foreign laws, rules, regulations, standards, orders
and decrees, except where noncompliance would not, singly or in the aggregate,
have a Seller Material Adverse Effect; and Seller has not received any notice
citing action or inaction by Seller, or others who perform services on its
behalf, that would constitute non-compliance with any applicable federal, state,
local or foreign laws, rules, regulations or standards and that would likely
have a Seller Material Adverse Effect.

3.9  Intellectual Property.  To the extent that the Assets include any
trademarks, copyrights, trade names, service marks, trade secrets, license
agreements, proprietary processes, business methods or similar tangible or
intangible property (“Intellectual Property”), such Intellectual Property is
owned by Seller, free and clear of all Liens.  To the best of Seller’s
knowledge, such Intellectual Property does not infringe upon or otherwise
violate the rights of any third person, and Seller has received no notice of any
such infringement or violation.  To the extent that any such Intellectual
Property is licensed by Seller to any third party, the license is in full force
and effect, the licensee is not in breach or violation of the license agreement
and Seller have no knowledge that any such Intellectual Property is being used
in violation of Seller’ proprietary rights.

3.10  Securities Laws.  Seller is an accredited investor within the meaning of
Rule 501 of Regulation D under the Act.  Seller is acquiring the 247MGI Shares
for its own account, for investment purposes only, and without a view towards
the distribution or resale thereof, except in compliance with applicable Federal
and State securities law.

3.11  Acknowledgment of Risks.  Seller recognizes and acknowledges that the
transactions contemplated by this Agreement are speculative and involve a high
degree of risk.  Such risks include, but are not limited to, the following:

(1)  the business of 247MGI is recently commenced, untested and, subject to all
of the risks inherent of a new business;

(2)  247MGI has not generated any revenues from operations, or obtained any
orders for its services, and there is no assurance that 247MGI will operate
profitably;

(3)  there is currently only a limited trading market for 247MGI’s securities
and there is no assurance that an active trading market will develop or be
maintained;

(4)  unless an active market develops for 247MGI’s securities, Seller may have
difficulty reselling the 247MGI Shares, at a profit or at all;

(5)  247MGI will require additional financing in order to implement its business
plans - there is no assurance that required financing will be available to
247MGI on acceptable terms;

(6)  future financings will dilute the relative ownership of 247MGI by its
existing shareholders, and depending on the price at which additional shares are
issued, may dilute the book value per share of 247MGI’s common stock;

(7)  247MGI will have to overcome the challenges of marketing, on-line commerce
and introduction of a new product in order to succeed, and there is no assurance
that it will be able to do so;

(8)  247MGI will face competition from many entities, most of whom have greater
financial and physical resources than does 247MGI;

(9)  as its business develops, 247MGI may have difficulty attracting and
retaining qualified personnel; and

(10)  those additional risks identified from time to time in filings by 247MGI
with the SEC,

3.12  Disclosure.  The representations, warranties and acknowledgments of Seller
set forth herein are true, complete and accurate in all material respects, do
not omit to state any material fact, or omit any fact necessary to make such
representations, warranties and acknowledgments, in light of the circumstances
under which they are made, not misleading.

4.  Representations and Warranties of 247MGI and Buyer.  Except as otherwise set
forth in a disclosure schedule delivered by 247MGI and Buyer at the time this
Agreement is executed and delivered (the “Buyer/247MGI Disclosure Schedule”),
247MGI and Buyer hereby make the following representations and warranties to
Seller, as of the date hereof and as of the Closing Date.

4.1  Organization and Good Standing.  247MGI and Buyer is each a business entity
duly organized, validly existing and in good standing under the laws of its
jurisdiction of formation, with full power and authority to own, lease and
operate its business and properties and to carry on its business in the places
and in the manner as presently conducted or proposed to be conducted.  247MGI
and Buyer are each in good standing as a foreign corporation in each
jurisdiction in which the properties owned, leased or operated, or the business
conducted, by it requires such qualification, except where the failure to so
qualify would not have a material adverse effect on the business of 247MGI or
Buyer, as the case may be, or consummation of the transactions contemplated
hereby (a “Buyer Material Adverse Effect”).

4.2  Authority and Enforcement.  247MGI and Buyer have all requisite power and
authority to execute and deliver this Agreement, and to consummate the
transactions contemplated hereby.  247MGI and Buyer have each taken all action
necessary for the execution and delivery of this Agreement and the consummation
of the transactions contemplated hereby, and this Agreement constitutes the
valid and binding obligation of 247MGI and Buyer, enforceable against each in
accordance with its terms, except as may be affected by bankruptcy, insolvency,
moratoria or other similar laws affecting the enforcement of creditors’ rights
generally and subject to the qualification that the availability of equitable
remedies is subject to the discretion of the court before which any proceeding
therefore may be brought.

4.3  No Conflicts or Defaults.  The execution and delivery of this Agreement by
247MGI and Buyer and the consummation of the transactions contemplated hereby do
not and shall not (a) contravene the articles of organization, bylaws or
corresponding organizational documents of 247MGI or Buyer or (b) with or without
the giving of notice or the passage of time (i) violate, conflict with, or
result in a material breach of, or a material default or loss of rights under,
any covenant, agreement, mortgage, indenture, lease, instrument, permit or
license to which 247MGI or Buyer is a party or by which 247MGI or Buyer is
bound, or any judgment, order or decree, or any law, rule or regulation to which
247MGI or Buyer is subject, (ii) result in the creation of, or give any party
the right to create, any Lien upon any assets or properties of 247MGI or Buyer,
(iii) terminate or give any party the right to terminate, amend, abandon or
refuse to perform, any material agreement, arrangement or commitment relating to
which 247MGI or Buyer a party, or (iv) result in a Buyer Material Adverse
Effect.

4.4  Consents of Third Parties.  The execution, delivery and performance of this
Agreement and the consummation of the transactions contemplated hereby by 247MGI
or Buyer does not require the consent of any person, or such consent has been or
will be obtained, in writing, prior to the Closing.

4.5  247MGI’s Capitalization.  247MGI is authorized to issue (a) 500,000,000
shares of common stock, $01 par value per share, of which 35,272,614 shares are
issued and outstanding and (b) 5,000,000 shares of preferred stock, $.01 par
value per share, none of which are issued or outstanding.  In addition, (i)
247MGI has reserved an aggregate of 62,000,000 shares for issuance on exercise
of outstanding options (not including options issuable but not yet granted under
247MGI’s employment agreement with its president) and other securities
convertible into common stock of 247MGI and (ii) 247MGI intends to convert
indebtedness owed to its president into shares of 247MGI’s Series AA Preferred
Stock.

4.6  Securities.  The 247MGI Shares have been duly authorized, and upon issuance
pursuant to the provisions hereof, will be validly issued, fully paid and
non-assessable.

4.7  Reporting Company.  247MGI has a class of securities registered pursuant to
Section 12(g) of the Securities Exchange Act of 1934, as amended (the “Exchange
Act”) and as of the date hereof, 247MGI has filed all reports required to be
filed by it under the Exchange Act.  The reports filed by 247MGI under the
Exchange Act may be viewed at the website of the Securities and Exchange
Commission at www.sec.gov.

4.8  Disclosure.  The representations, warranties and acknowledgments of Buyers
set forth herein are true, complete and accurate in all material respects and do
not omit any fact necessary to make such representations, warranties and
acknowledgments not misleading.

5.  Conditions to Closing.

5.1  Conditions Precedent to 247MGI and Buyer’s Obligation to Close.  The
obligation of 247MGI and Buyer to consummate the transactions contemplated by
this Agreement is subject to satisfaction of the following conditions on or
prior to the Closing Date:

(1)  The representations and warranties of Seller set forth in Section 3 above
shall be true and correct in all material respects at and as of the Closing
Date.

(2)  Seller shall have performed and complied with all of its covenants
hereunder in all material respects through the Closing Date.

(3)  No action, suit, or proceeding shall be pending or threatened before any
court or quasi-judicial or administrative agency of any federal, state, local,
or foreign jurisdiction or before any arbitrator wherein an unfavorable
injunction, judgment, order, decree, ruling, or charge would likely (i) prevent
or adversely affect 247MGI or Buyer’s consummation of any of the transactions
contemplated by this Agreement or (ii) cause any of the transactions
contemplated by this Agreement to be rescinded following consummation (and no
such injunction, judgment, order, decree, ruling, or charge shall be in effect).

(4)  No material adverse change shall have taken place with respect to the
Assets, and no event shall have occurred that could reasonably be foreseen to
result in a Seller Material Adverse Effect;

(5)  Seller shall have delivered to Buyer a certificate to the effect that each
of the conditions specified above in Sections 5.1(1) - (4) has been complied
with in all material respects;

(6)  All actions to be taken by Seller in connection with consummation of the
transactions contemplated hereby and all certificates, opinions, instruments,
and other documents required to effect the transactions contemplated hereby will
be reasonably satisfactory in form and substance to the 247MGI and Buyer.

5.2  Conditions Precedent to Seller’ Obligation to Close.  The obligation of
Seller to consummate the transactions contemplated by this Agreement is subject
to satisfaction of the following conditions on or prior to the Closing Date:

(1)  The representations and warranties of 247MGI and Buyer set forth in Section
4 above shall be true and correct in all material respects at and as of the
Closing Date.

(2)  247MGI and Buyer shall each have performed and complied with their
respective covenants hereunder in all material respects through the Closing
Date.

(3)  No action, suit, or proceeding shall be pending or threatened before any
court or quasi-judicial or administrative agency of any federal, state, local,
or foreign jurisdiction or before any arbitrator wherein an unfavorable
injunction, judgment, order, decree, ruling, or charge would likely (i) prevent
or adversely affect Seller’s consummation of any of the transactions
contemplated by this Agreement or (ii) cause any of the transactions
contemplated by this Agreement to be rescinded following consummation (and no
such injunction, judgment, order, decree, ruling, or charge shall be in effect);

(4)  No material adverse change shall have taken place with respect to 247MGI or
Buyer, and no event shall have occurred, that could reasonably be foreseen to
result in a Buyer Material Adverse Effect.

(5)  247MGI and Buyer shall each have delivered to the Seller a certificate to
the effect that each of the conditions specified above in Sections 5.2(1) - (4)
has been complied with in all respects; and

(6)  All actions to be taken by Buyers in connection with consummation of the
transactions contemplated hereby and all certificates, opinions, instruments,
and other documents required to effect the transactions contemplated hereby will
be reasonably satisfactory in form and substance to the Seller.

6.  Closing; Closing Date.  A closing of the transactions contemplated hereby
(the “Closing”) will take place at 10:00 am on December 10, 2007, at the offices
of counsel to the Buyer, or at such other place, date and time that is agreed
upon by Seller and Buyer.  The date on which the Closing is held is referred to
in this Agreement as the "Closing Date."

7.  Documents to be Delivered at the Closing.

7.1  Documents to be Delivered by Seller.  At the Closing, Seller shall deliver,
or cause to be delivered, to Buyer the documents required by Article 5 hereof,
and the following:

(1)  a duly executed bill of sale, dated the Closing Date, transferring to Buyer
all of Seller's right, title and interest in and to the Assets together with
possession of the Assets; and

(2)  such other certificates, documents and instruments as Buyers may have
reasonably requested in connection with the transaction contemplated hereby.

7.2  Documents to be Delivered by Buyers.  At the Closing, 247MGI and Buyer
shall deliver to Seller the following:

(1)  certificates evidencing the 247MGI Shares, to be held by 247MGI and
delivered in accordance with Section 2.3, above; and

(2)  such other certificates, documents and instruments as Seller may have
reasonably requested in connection with the transaction contemplated hereby.

8.  Additional Covenants.

8.1  Further Assurances.  If, at any time after the Closing, the parties shall
consider or be advised that any further deeds, assignments or assurances in law
or that any other things are necessary, desirable or proper to complete the
transactions contemplated hereby in accordance with the terms of this agreement
or to vest, perfect or confirm, of record or otherwise, the title to any
property or rights of the parties hereto, the parties agree that their proper
officers and directors shall execute and deliver all such proper deeds,
assignments and assurances in law and do all things necessary, desirable or
proper to vest, perfect or confirm title to such property or rights and
otherwise to carry out the purpose of this Agreement, and that the proper
officers and directors the parties are fully authorized to take any and all such
action.

8.2  No Public Disclosure.  Without the prior written consent of the other,
which written consent will not be unreasonably withheld, no party to this
Agreement will, and will each cause their respective representatives not to,
make any release to the press or other public disclosure with respect to either
the fact that discussions or negotiations have taken place concerning the
transactions contemplated by this Agreement, the existence or contents of this
Agreement or any prior correspondence relating to this transactions contemplated
by this Agreement, except for such public disclosure as may be necessary for the
party proposing to make the disclosure not to be in violation of or default
under any applicable law, regulation or governmental order.

8.3  Limitations on Resale of the 247MGI Shares.  Seller acknowledges that,
absent registration under the Act, the 247MGI Shares may be resold only pursuant
to an exemption from registration under the Act such as Rule 144.  As partial
consideration to 247MGI under this Agreement, Seller hereby agrees not to sell
any of the 247MGI Shares, under Rule 144 or otherwise, for a period of one year
following the Closing, without the prior written consent of 247MGI.  Commencing
one year following the Closing, Seller hereby agrees that, unless otherwise
agreed to in writing by 247MGI (a) Seller’s sales of the 247MGI Shares shall be
limited to not more than 25,000 shares per day and not more than 250,000 shares
per quarter and (b) subject to the foregoing, Seller will sell 247MGI Shares
only during the 90 day period following the filing of 247MGI’s Form 10-QSB or
10-KSB, as applicable.

8.4  Seller Financial Statements.  On or before March 31, 2008, the Seller shall
deliver to 247MGI financial statements of Seller’s VOIP Division as of December
31, 2006 and 2005, and for each of the years then ended, and as of September 30,
2007 and 2006, and for each of the nine months then ended, prepared by
management in accordance with generally accepted accounting principles in the
United States, in form and substance reasonably satisfactory to Buyer (the
“Seller Financial Statements”).  The Seller Financial Statements shall be true
and correct in all material respects and there shall be no material liabilities
or obligations, direct or indirect, actual or contingent, individually or in the
aggregate, of Seller’s VOIP Division that are not set forth in the Seller
Financial Statements.

9.  Indemnification and Related Matters.

9.1  Indemnification by the Seller.  Seller hereby indemnifies and hold 247MGI
and Buyer harmless from and against any and all damages, losses, liabilities,
obligations, costs or expenses incurred by 247MGI and/or Buyer arising out of
the breach of any representation or warranty of Seller hereunder, and/or
Seller’s failure to perform any covenant or obligation required to be performed
by any of them hereunder.

9.2  Indemnification by 247MGI and Buyer.  247MGI and Buyer each hereby
severally indemnifies and holds Seller harmless from and against any and all
damages, losses, liabilities, obligations, costs or expenses incurred by Seller
and arising out of the breach of any representation or warranty of 247MGI or
Buyer, as the case may be, hereunder, or 247MGI or Buyer's failure to perform
any covenant or obligation required to be performed by either of them hereunder.

9.3  Procedure for Indemnification.  Any party entitled to indemnification under
this Article IX (an "Indemnified Party") will give written notice to the
indemnifying party of any matters giving rise to a claim for indemnification;
provided, that the failure of any party entitled to indemnification hereunder to
give notice as provided herein shall not relieve the indemnifying party of its
obligations under this Article IX except to the extent that the indemnifying
party is actually prejudiced by such failure to give notice.  In case any
action, proceeding or claim is brought against an Indemnified Party in respect
of which indemnification is sought hereunder, the indemnifying party shall be
entitled to participate in and, unless in the reasonable judgment of counsel to
the Indemnified Party a conflict of interest between it and the indemnifying
party may exist with respect of such action, proceeding or claim, to assume the
defense thereof with counsel reasonably satisfactory to the Indemnified
Party.  In the event that the indemnifying party advises an Indemnified Party
that it will contest such a claim for indemnification hereunder, or fails,
within 30 days of receipt of any indemnification notice to notify, in writing,
such person of its election to defend, settle or compromise, at its sole cost
and expense, any action, proceeding or claim (or discontinues its defense at any
time after it commences such defense), then the Indemnified Party may, at its
option, defend, settle or otherwise compromise or pay such action or claim.  In
any event, unless and until the indemnifying party elects in writing to assume
and does so assume the defense of any such claim, proceeding or action, the
Indemnified Party's costs and expenses arising out of the defense, settlement or
compromise of any such action, claim or proceeding shall be losses subject to
indemnification hereunder.  The Indemnified Party shall cooperate fully with the
indemnifying party in connection with any settlement negotiations or defense of
any such action or claim by the indemnifying party and shall furnish to the
indemnifying party all information reasonably available to the Indemnified
Party, which relates to such action or claim.  The indemnifying party shall keep
the Indemnified Party fully apprised at all times as to the status of the
defense or any settlement negotiations with respect thereto.  If the
indemnifying party elects to defend any such action or claim, then the
Indemnified Party shall be entitled to participate in such defense with counsel
of its choice at its sole cost and expense.  The indemnifying party shall not be
liable for any settlement of any action, claim or proceeding effected without
its prior written consent.  Notwithstanding anything in this Article IX to the
contrary, the indemnifying party shall not, without the Indemnified Party’s
prior written consent, settle or compromise any claim or consent to entry of any
judgment in respect thereof which imposes any future obligation on the
Indemnified Party or which does not include, as an unconditional term thereof,
the giving by the claimant or the plaintiff to the Indemnified Party of a
release from all liability in respect of such claim.  The indemnity agreements
contained herein shall be in addition to (a) any cause of action or similar
rights of the Indemnified Party against the indemnifying party or others, and
(b) any liabilities the indemnifying party may be subject to.

9.4  Time for Assertion.  No party to this Agreement shall have any liability
(for indemnification or otherwise) with respect to any representation, warranty
or covenant or obligation to be performed and complied hereunder, unless notice
of any such liability is provided on or before 12 months from the date hereof.

9.5  Basket.  Notwithstanding any conflicting or inconsistent provisions hereof,
Seller shall not be liable in damages, indemnity or otherwise to Buyers in
respect of the inaccuracy or breach of any representations, warranties,
covenants or agreements herein, except to the extent that the damages to Buyers,
singularly or in the aggregate, exceed the sum of $25,000.  Notwithstanding any
conflicting or inconsistent provisions hereof, Buyers shall not be liable in
damages, indemnity or otherwise to Seller in respect to the inaccuracy or breach
of any representations, warranties, covenants or agreements herein except to the
extent that damages to Seller exceed, individually or in the aggregate, the sum
of $25,000.

10.  Termination.

10.1  Termination by Mutual Consent.  This Agreement may be terminated by mutual
consent of the parties, in writing, signed by each of the parties hereto.

10.2  Termination Due to Lapse of Time.  This Agreement may be terminated by
either party if the Closing does not occur prior to December 10, 2007; provided,
however, that a party wholly or partially responsible for the Closing not
occurring prior to such date may not terminate this Agreement pursuant to this
subsection.

10.3  Termination by Buyers.  This Agreement may be terminated by 247MGI or
Buyer by written notice to Seller, in the event of a material breach of any
representation or warranty of Seller hereunder, or in the event Seller fails to
perform any material covenant or obligation required to be performed by it
hereunder and such failure remains uncured for ten days following such written
notice.

10.4  Termination by Seller.  This Agreement may be terminated by Seller, by
written notice to 247MGI or Buyer, in the event of a material breach of any
representation or warranty of 247MGI or Buyer hereunder, or in the event 247MGI
or Buyer fails to perform any material covenant or obligation required to be
performed by it hereunder and such failure remains uncured for ten days
following such written notice.

10.5  Effect of Termination.  Termination of this Agreement under Section 10.2,
10.3 or 10.4 hereof shall not preclude the parties from pursuing all remedies
available to them under applicable law arising by reason of such termination.

11.  Miscellaneous.

11.1  Finders.  247MGI and Buyer on the one hand, and Seller, on the other hand,
represent and warrant that they have not employed or utilized the services of
any broker or finder in connection with this Agreement or the transactions
contemplated by it.  Seller shall indemnify and hold 247MGI and Buyer harmless
from and against any and all claims for brokers' commissions made by any party
as a result of this Agreement and the transaction contemplated hereunder to the
extent that any such commission was incurred, or alleged to have been incurred,
by, through or under Seller.  247MGI and Buyer, jointly and severally, shall
indemnify and hold Seller harmless from and against any and all claims for
brokers' commissions made by any party as a result of this Agreement and
transaction contemplated hereunder to the extent that any such commission was
incurred, or alleged to have been incurred, by, through or under 247MGI or
Buyer.

11.2  Expenses.  Except as otherwise specifically provided in this Agreement,
each party shall bear their own respective expenses incurred in connection with
this Agreement and in connection with all obligations required to be performed
by each of them under this Agreement.

11.3  Entire Agreement; No Waiver.  This Agreement, the Schedules and any
instruments and agreements to be executed pursuant to this Agreement, sets forth
the entire understanding of the parties hereto with respect to its subject
matter, merges and supersedes all prior and contemporaneous understandings with
respect to its subject matter and may not be waived or modified, in whole or in
part, except by a writing signed by each of the parties hereto.  No waiver of
any provision of this Agreement in any instance shall be deemed to be a waiver
of the same or any other provision in any other instance.  Failure of any party
to enforce any provision of this Agreement shall not be construed as a waiver of
its rights under such provision.

11.4  Jurisdiction and Governing Law.  This Agreement shall in all respects be
governed by and construed in accordance with the laws of the State of Florida
are applicable to agreements made and fully to be performed in such state,
without giving effect to conflicts of law principles.  The parties further: (a)
agree that any legal suit, action or proceeding arising out of or relating to
this Agreement shall be instituted exclusively in any Federal or State court of
competent jurisdiction within the County of Broward, State of Florida, (b) waive
any objection that they may have now or hereafter to the venue of any such suit,
action or proceeding, and (c) irrevocably consent to the in personam
jurisdiction of any Federal or State court of competent jurisdiction within the
County of Broward, State of Florida in any such suit, action or proceeding.  The
parties each further agree to accept and acknowledge service of any and all
process which may be served in any such suit, action or proceeding in a Federal
or State court of competent jurisdiction within the County of Broward, State of
Florida, and that service of process upon the parties mailed by certified mail
to their respective addresses shall be deemed in every respect effective service
of process upon the parties, in any action or proceeding.

11.5  Construction.  Headings contained in this Agreement are for convenience
only and shall not be used in the interpretation of this Agreement.  References
herein to Articles, Sections and Exhibits are to the articles, sections and
exhibits, respectively, of this Agreement.  The Seller Disclosure Schedule and
Buyer/247MGI Disclosure Schedule are hereby incorporated herein by reference and
made a part of this Agreement.  As used herein, the singular includes the
plural, and the masculine, feminine and neuter gender each includes the others
where the context so indicates.

11.6  Notices.  All notices and other communications under this Agreement shall
be in writing and shall be deemed given when delivered personally (including by
confirmed legible telecopier transmission) or mailed by certified mail, return
receipt requested, to the parties at the following addresses (or to such address
as a party may have specified by notice given to the other party pursuant to
this provision):

If to Seller, c/o:

 
SOYO GROUP, INC.
1420 South Vintage Avenue
Ontario, CA 91761
Attention: Ming Chok
Facsimile (909) 937-0783

If to 247MGI, INC. or Buyer:

1007 N. Federal Hwy
#D-6
Fort Lauderdale, FL 33304
Attention: Matthew Dwyer, President
Telecopy No.:  (954) 323-2542

With a copy to:

Schneider Weinberger & Beilly LLP
2200 Corporate Boulevard, N.W.
Suite 210
Boca Raton, Florida  33431-7307
Attention: Steven I. Weinberger, Esq.
Telecopy No.:  (561) 362-9612

11.7  Separability.  In the event that any provision hereof would, under
applicable law, be invalid or enforceable in any respect, such provision shall
be construed by modifying or limiting it so as to be valid and enforceable to
the maximum extent compatible with, and permissible under, applicable law.  The
invalidity or unenforceability of any provision of this Agreement shall not
affect the validity or enforceability of any other provision of this Agreement
which shall remain in full force and effect.

11.8  Binding Effect; Assignment.  This Agreement shall be binding upon and
inure to the benefit of the parties and their respective successors and
permitted assigns.  Nothing in this Agreement shall create or be deemed to
create any third party beneficiary rights in any person or entity not a party to
this Agreement.  No assignment of this Agreement or of any rights or obligation
hereunder may be made by either party (by operation of law or otherwise) without
the prior written consent of the other and any attempted assignment without the
required consent shall be void.

11.9  Best Knowledge.  As used in this Agreement "to the best of Seller's
knowledge" or words of similar import shall mean actual or constructive
knowledge possessed by an executive officer of Seller, including such actual or
constructive knowledge that would be expected to be known upon the exercise of
reasonable business judgment, and "to the best of 247MGI or Buyers knowledge" or
words of similar import shall mean actual or constructive knowledge possessed by
an executive officer of 247MGI or Buyer, including such actual or constructive
knowledge that would be expected to be known upon the exercise of reasonable
business judgment.

11.10  Counterparts.  This Agreement may be executed in counterparts, each of
which shall be an original, but which together shall constitute one and the same
Agreement.

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IN WITNESS WHEREOF, we have executed this Agreement as of the date and year
first above written.

247MGI, INC.

By:           /s/Matthew P. Dwyer___________
 
Matthew P. Dwyer, President

SOVEREIGN RESEARCH, LLC

By:           /s/Matthew P. Dwyer______________
 
Matthew P. Dwyer, Managing Member

SOYO GROUP, INC.

By:           /s/Ming Chok__________________
 
Ming Chok, Chief Executive Officer

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SCHEDULE 1.1

ASSET SCHEDULE

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