----

|   | [X]                QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES                EXCHANGE ACT OF 1934 |
|--------|---------------------------------------------------------------------------------------------------------------------------|

|   | [   ]                TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES                EXCHANGE ACT OF 1934 |
|--------|---------------------------------------------------------------------------------------------------------------------------------------------|

| FLORIDA                                                                                     | 65-0309540                                |
|---------------------------------------------------------------------------------------------|-------------------------------------------|
| (State                or other jurisdiction ofincorporation                or organization) | (I.R.S.                Employer I.D. No.) |

----

| **PART                I - FINANCIAL INFORMATION**                                                                                                                                                                                                                                             | Page   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
| Item                1.  Consolidated Financial Statements                (Unaudited)                                                                                                                                                                                                |   |
| Consolidated                Balance Sheet as of June 30, 2007 (unaudited) and December 31, 2006                for                the six months ended June 30, 2007 and 2006 and From Inception of                the                Development Stage on July 1, 2006 through June 30, 2007 | F-3    |
| Consolidated                Statements of Operations (Unaudited)for the six months ended June                30, 2007                and 2006                                                                                                                                                 | F-4    |
| Consolidated                Statements of Stockholders' Equity (Deficit) (Unaudited) at June                30,                2007                                                                                                                                                           | F-6    |
| Consolidated                Statements of Cash Flows (Unaudited)for the six months ended June                30, 2007                and 2006 and From Inception of the Development Stage on July 1, 2006                through June 30, 2007                                                | F-7    |
| Notes                to Consolidated Financial Statements                                                                                                                                                                                                                                     | F-9    |
| Item                2. Management's Discussion and Analysis or Plan of                Operation                                                                                                                                                                                               | 16     |
| Item                3. Controls and Procedures                                                                                                                                                                                                                                                | 19     |
|                                                                                                                                                                                                                                                                                          |   |   |
| **PART                II - OTHER INFORMATION**                                                                                                                                                                                                                                                |   |
| Item                1.   Legal Proceedings                                                                                                                                                                                                                                     | 20     |
| Item                2.   Unregistered Sales of Equity Securities and Use of                Proceeds                                                                                                                                                                            | 20     |
| Item                3    Default upon Senior Securities                                                                                                                                                                                                                   | 20     |
| Item                4    Submission of Matters to a Vote of Security                Holders                                                                                                                                                                               | 20     |
| Item                5.   Other Information                                                                                                                                                                                                                                     | 20     |
| Item                6.   Exhibits                                                                                                                                                                                                                                              | 21     |
| SIGNATURES                                                                                                                                                                                                                                                                                    | 22     |

**CERTAIN      CAUTIONARY STATEMENTS REGARDING FORWARD-LOOKING      INFORMATION**

|   | • | "247MGI,"                the "Company," "we," "our," and "us" refers to 247MGI, Inc. a Florida                corporation formerly known as Total Identity Corporation, and our                subsidiaries, |
|--------|---------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | "Total                Identity Systems" refers to Total Identity Systems, Inc., a New York                corporation, |
|--------|---------|------------------------------------------------------------------------------------------------------------------------|

|   | • | "Total                Digital Communications" refers to Total Digital Communications,                Inc.,  a Florida corporation formerly known as Total Digital                Displays, Inc., |
|--------|---------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | "Yard                Sale Drop Off" refers to Yard Sale Drop Off, Inc., a Florida corporation                formerly known as Total Identity Group, Inc.,                and |
|--------|---------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | • | "Sovereign                Research" refers to our wholly owned subsidiary Sovereign Research,                LLC, a                Florida limited liability company. |
|--------|---------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

**247      MGI, INC. AND SUBSIDIARIES**

** (FKA      TOTAL IDENTITY CORPORATION AND SUBSIDIARIES)**

**(A      DEVELOPMENT STAGE COMPANY)**

|                                |   | June                30, |   |   | December                31, |   |
|-------------------------------------|--------|-------------------------|--------|--------|-----------------------------|--------|
|                                |   | 2007                    |   |   | 2006                        |   |
|                                |   | (Unaudited)             |   |   |                        |   |
| CURRENT                ASSETS       |   |                    |   |   |                        |   |
|                                |   |                    |   |   |                        |   |
| Cash                                |   | $                       | -      |   |                        | $      | 352 |   |
| Prepaid                expenses     |   |                    | 646    |   |                        |   | 646 |   |
|                                |   |                    |   |   |                        |   |   |   |
| Total                Current Assets |   |                    | 646    |   |                        |   | 998 |   |
|                                |   |                    |   |   |                        |   |   |   |
| TOTAL                ASSETS         |   | $                       | 646    |   |                        | $      | 998 |   |

| CURRENT                LIABILITIES                                       |   |   |        |   |   |   |
|--------------------------------------------------------------------------|--------|--------|-------------|--------|--------|--------|
|                                                                     |   |   |        |   |   |   |
| Cash                overdraft                                            |   | $      | 6,089       |   |   | $      | - |   |
| Accounts                payable                                          |   |   | 136,926     |   |   |   | 197,638 |   |
| Accounts                payable– related party (Note 4)            |   |   | 56,124      |   |   |   | 33,799 |   |
| Accrued                expenses                                          |   |   | 164,212     |   |   |   | 76,099 |   |
| Convertible                debenture                                     |   |   | 125,000     |   |   |   | 125,000 |   |
| Notes                payable                                             |   |   | 25,000      |   |   |   | 120,265 |   |
| Notes                payable– related party (Note 4)               |   |   | 60,453      |   |   |   | 339,188 |   |
|                                                                     |   |   |        |   |   |   |   |   |
| Total                Current Liabilities                                 |   |   | 573,804     |   |   |   | 891,989 |   |
|                                                                     |   |   |        |   |   |   |   |   |
| TOTAL                LIABILITIES                                         |   |   | 573,804     |   |   |   | 891,989 |   |
|                                                                     |   |   |        |   |   |   |   |   |
| STOCKHOLDERS’                EQUITY (DEFICIT)                      |   |   |        |   |   |   |   |   |
|                                                                     |   |   |        |   |   |   |   |   |
| Preferred                stock, Series “AA” $0.01 par value, |   |   |        |   |   |   |   |   |
| 5,000,000  shares                authorized; 1,637 shares      |   |   |        |   |   |   |   |   |
| issued                and outstanding                                    |   |   | -           |   |   |   | 16 |   |
|                                                                     |   |   |        |   |   |   |   |   |
| Common                stock, $0.01 par value, 500,000,000 shares         |   |   |        |   |   |   |   |   |
| authorized,                29,915,471 and 274,086 shares issued          |   |   |        |   |   |   |   |   |
| and                outstanding, respectively                             |   |   | 299,155     |   |   |   | 2,741 |   |
| Additional                paid-in capital                                |   |   | 10,772,810  |   |   |   | 10,460,426 |   |
| Accumulated                deficit prior to the development stage        |   |   | (11,107,700 | )      |   |   | (11,107,700 | ) |
| Accumulated                deficit                                       |   |   | (537,423    | )      |   |   | (246,474 | ) |
|                                                                     |   |   |        |   |   |   |   |   |
| Total                Stockholders’ Equity (Deficit)                |   |   | (573,158    | )      |   |   | (890,991 | ) |
|                                                                     |   |   |        |   |   |   |   |   |
| TOTAL                LIABILITIES AND STOCKHOLDERS’                 |   |   |        |   |   |   |   |   |
| EQUITY                (DEFICIT)                                          |   | $      | 646         |   |   | $      | 998 |   |

----

**247      MGI, INC. AND SUBSIDIARIES**

** (FKA      TOTAL IDENTITY CORPORATION AND SUBSIDIARIES)**

**(A      DEVELOPMENT STAGE COMPANY)**

|                                  |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   | From                Inception   |     |
|---------------------------------------|--------|-------------------------------------------|----------|--------|-----------------------------------------|--------|---------|-----------------------------|--------|--------|----------|--------|--------|---------------------------------|----------|
|                                  |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   | of                the           |     |
|                                  |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   | Development                     |     |
|                                  |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   | Stage                on July 1, |     |
|                                  |   | For                the Three Months Ended |     |   | For                the Six Months Ended |   |    | 2006                Through |   |
|                                  |   | June                30,                   |     |   | June                30,                 |   |    | June                30,     |   |
|                                  |   | 2007                                      |     |   | 2006                                    |   |    | 2007                        |   |   | 2006     |   |   | 2007                            |     |
|                                  |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   |                            |     |
| REVENUE                               |   | $                                         | -        |   |                                    | $      | -       |                        |   | $      | -        |   |   | $                               | -        |   |   | $ | - |   |
|                                  |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   |                            |     |   |   |   |   |   |
| COST                OF SALES          |   |                                      | -        |   |                                    |   | -       |                        |   |   | -        |   |   |                            | -        |   |   |   | - |   |
|                                  |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   |                            |     |   |   |   |   |   |
| GROSS                MARGIN           |   |                                      | -        |   |                                    |   | -       |                        |   |   | -        |   |   |                            | -        |   |   |   | - |   |
|                                  |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   |                            |     |   |   |   |   |   |
| EXPENSES                              |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   |                            |     |   |   |   |   |   |
|                                  |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   |                            |     |   |   |   |   |   |
| Salaries                and wages     |   |                                      | 94,460   |   |                                    |   | 47,000  |                        |   |   | 253,239  |   |   |                            | 98,000   |   |   |   | 347,239 |   |
| Selling,                general and   |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   |                            |     |   |   |   |   |   |
| administrative                        |   |                                      | 14,098   |   |                                    |   | 24,255  |                        |   |   | 25,928   |   |   |                            | 33,013   |   |   |   | 158,855 |   |
|                                  |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   |                            |     |   |   |   |   |   |
| Total                Expenses         |   |                                      | 108,558  |   |                                    |   | 71,255  |                        |   |   | 279,167  |   |   |                            | 131,013  |   |   |   | 506,094 |   |
|                                  |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   |                            |     |   |   |   |   |   |
| LOSS                FROM              |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   |                            |     |   |   |   |   |   |
| OPERATIONS                            |   |                                      | (108,558 | )      |                                    |   | (71,255 | )                           |   |   | (279,167 | )      |   |                            | (131,013 | ) |   |   | (506,094 | ) |
|                                  |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   |                            |     |   |   |   |   |   |
| OTHER                INCOME (EXPENSE) |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   |                            |     |   |   |   |   |   |
|                                  |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   |                            |     |   |   |   |   |   |
| Loss                on sale of assets |   |                                      | -        |   |                                    |   | (4,845  | )                           |   |   | -        |   |   |                            | (4,845   | ) |   |   | - |   |
| Interest                expense       |   |                                      | (5,388   | )      |                                    |   | (14,627 | )                           |   |   | (11,782  | )      |   |                            | (33,002  | ) |   |   | (31,329 | ) |
| Other                income           |   |                                      | -        |   |                                    |   | -       |                        |   |   | -        |   |   |                            | 28       |   |   |   | - |   |
|                                  |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   |                            |     |   |   |   |   |   |
| Total                Other Income     |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   |                            |     |   |   |   |   |   |
| (Expense)                             |   |                                      | (5,388   | )      |                                    |   | (19,472 | )                           |   |   | (11,782  | )      |   |                            | (37,819  | ) |   |   | (31,329 | ) |
|                                  |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   |                            |     |   |   |   |   |   |
| LOSS                BEFORE            |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   |                            |     |   |   |   |   |   |
| DISCONTINUED                          |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   |                            |     |   |   |   |   |   |
| OPERATIONS                            |   |                                      | (113,946 | )      |                                    |   | (90,727 | )                           |   |   | (290,949 | )      |   |                            | (168,832 | ) |   |   | (537,423 | ) |
|                                  |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   |                            |     |   |   |   |   |   |
| LOSS                ON                |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   |                            |     |   |   |   |   |   |
| DISCONTINUED                          |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   |                            |     |   |   |   |   |   |
| OPERATIONS                            |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   |                            |     |   |   |   |   |   |
| (Note                3)               |   |                                      | -        |   |                                    |   | (2,081  | )                           |   |   | -        |   |   |                            | (13,460  | ) |   |   | - |   |
|                                  |   |                                      |     |   |                                    |   |    |                        |   |   |     |   |   |                            |     |   |   |   |   |   |
| NET                LOSS               |   | $                                         | (113,946 | )      |                                    | $      | (92,808 | )                           |   | $      | (290,949 | )      |   | $                               | (182,292 | ) |   | $ | (537,423 | ) |

----

**247      MGI, INC. AND SUBSIDIARIES**

** (FKA      TOTAL IDENTITY CORPORATION AND SUBSIDIARIES)**

**(A      DEVELOPMENT STAGE COMPANY)**

|                                 |   | For                the Three Months Ended |       |   | For                the Six Months Ended |   |
|--------------------------------------|--------|-------------------------------------------|------------|--------|-----------------------------------------|--------|
|                                 |   | June                30,                   |       |   | June                30,                 |   |
|                                 |   | 2007                                      |       |   | 2006                                    |   |   | 2007 |   |   | 2006 |   |
|                                 |   |                                      |       |   |                                    |   |   |   |   |   |   |   |
| BASIC                LOSS PER SHARE  |   |                                      |       |   |                                    |   |   |   |   |   |   |   |
|                                 |   |                                      |       |   |                                    |   |   |   |   |   |   |   |
| Loss                per share before |   |                                      |       |   |                                    |   |   |   |   |   |   |   |
| discontinued                         |   |                                      |       |   |                                    |   |   |   |   |   |   |   |
| operations                           |   | $                                         | (0.00      | )      |                                    | $      | (0.00 | ) |   | $ | (0.01 | ) |   | $ | (0.01 | ) |
| Loss                per share on     |   |                                      |       |   |                                    |   |   |   |   |   |   |   |   |   |   |   |
| discontinued                         |   |                                      |       |   |                                    |   |   |   |   |   |   |   |   |   |   |   |
| operations                           |   |                                      | -          |   |                                    |   | (0.00 | ) |   |   | - |   |   |   | (0.00 | ) |
|                                 |   |                                      |       |   |                                    |   |   |   |   |   |   |   |   |   |   |   |
| NET                LOSS PER          |   |                                      |       |   |                                    |   |   |   |   |   |   |   |   |   |   |   |
| SHARE                                |   | $                                         | (0.00      | )      |                                    | $      | (0.00 | ) |   | $ | (0.01 | ) |   | $ | (0.01 | ) |
|                                 |   |                                      |       |   |                                    |   |   |   |   |   |   |   |   |   |   |   |
| WEIGHTED                AVERAGE      |   |                                      |       |   |                                    |   |   |   |   |   |   |   |   |   |   |   |
| NUMBER                OF SHARES      |   |                                      |       |   |                                    |   |   |   |   |   |   |   |   |   |   |   |
| OUTSTANDING                          |   |                                      | 29,915,471 |   |                                    |   | 24,604,594 |   |   |   | 24,915,351 |   |   |   | 21,316,815 |   |

----

**247      MGI, INC. AND SUBSIDIARIES**

** (FKA      TOTAL IDENTITY CORPORATION AND SUBSIDIARIES)**

**(A      DEVELOPMENT STAGE COMPANY)**

|                                                      |   |                           |   |   |                        |   |   |    |   |   |        |   |   | Additional |    |   |    |   |
|-----------------------------------------------------------|--------|--------------------------------|--------|--------|-----------------------------|--------|--------|---------|--------|--------|-------------|--------|--------|------------|---------|--------|---------|--------|
|                                                      |   | Preferred                Stock |   |   | Common                Stock |   |   | Paid-in |   |   | Accumulated |   |
|                                                      |   | Shares                         |   |   | Amount                      |   |   | Shares  |   |   | Amount      |   |   | Capital    |    |   | Deficit |   |
|                                                      |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |
| Balance,                December 31, 2005                 |   |                           | -      |   |                        | $      | -      |    |   |   | 179,925     |   |   | $          | 1,799   |   |    | $      | 10,027,962 |   |   | $ | (10,761,697 | ) |
|                                                      |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| Common                stock issued for                    |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| related                party debt                         |   |                           | -      |   |                        |   | -      |    |   |   | 40,000      |   |   |       | 400     |   |    |   | 39,600 |   |   |   | - |   |
|                                                      |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| Common                stock issued for related            |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| party                debt penalty                         |   |                           | -      |   |                        |   | -      |    |   |   | 15,000      |   |   |       | 150     |   |    |   | 14,850 |   |   |   | - |   |
|                                                      |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| Common                stock issued for                    |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| related                party debt                         |   |                           | -      |   |                        |   | -      |    |   |   | 30,000      |   |   |       | 300     |   |    |   | 29,700 |   |   |   | - |   |
|                                                      |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| Common                stock issued for                    |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| debt                inducement                            |   |                           | -      |   |                        |   | -      |    |   |   | 9,000       |   |   |       | 90      |   |    |   | 8,910 |   |   |   | - |   |
|                                                      |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| Stock                options issued for salary            |   |                           | -      |   |                        |   | -      |    |   |   | -           |   |   |       | -       |   |    |   | 12,000 |   |   |   | - |   |
|                                                      |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| Preferred                stock issued for related         |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| party                debt                                 |   |                           | 781    |   |                        |   | 8      |    |   |   | -           |   |   |       | -       |   |    |   | 78,063 |   |   |   | - |   |
|                                                      |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| Preferred                stock issued for related         |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| party                debt                                 |   |                           | 856    |   |                        |   | 8      |    |   |   | -           |   |   |       | -       |   |    |   | 85,631 |   |   |   | - |   |
|                                                      |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| Reverse                stock split adjustment             |   |                           | -      |   |                        |   | -      |    |   |   | 146         |   |   |       | 2       |   |    |   | (1 | ) |   |   | - |   |
|                                                      |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| Beneficial                conversion feature on           |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| convertible                preferred stock                |   |                           | -      |   |                        |   | -      |    |   |   | -           |   |   |       | -       |   |    |   | 163,711 |   |   |   | (163,711 | ) |
|                                                      |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| Consolidated                net loss for                  |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| the                year ended December 31, 2006           |   |                           | -      |   |                        |   | -      |    |   |   | -           |   |   |       | -       |   |    |   | - |   |   |   | (428,766 | ) |
|                                                      |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| Balance,                December 31, 2006                 |   |                           | 1,637  |   |                        |   | 16     |    |   |   | 274,086     |   |   |       | 2,741   |   |    |   | 10,460,426 |   |   |   | (11,354,174 | ) |
|                                                      |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| Common                stock issued for conversion of      |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| preferred                stock into common (unaudited)    |   |                           | (1,637 | )      |                        |   | (16    | )       |   |   | 16,370,000  |   |   |       | 163,700 |   |    |   | (163,684 | ) |   |   | - |   |
|                                                      |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| Common                stock issued for conversion of a    |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| note                payable to a related party(unaudited) |   |                           | -      |   |                        |   | -      |    |   |   | 7,000,000   |   |   |       | 70,000  |   |    |   | 280,000 |   |   |   | - |   |
|                                                      |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| Common                stock issued for conversion         |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| of                two notes payable (unaudited)           |   |                           | -      |   |                        |   | -      |    |   |   | 1,200,000   |   |   |       | 12,000  |   |    |   | 56,906 |   |   |   | - |   |
|                                                      |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| Common                stock issued for conversion         |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| of                accounts payable (unaudited)            |   |                           | -      |   |                        |   | -      |    |   |   | 5,071,400   |   |   |       | 50,714  |   |    |   | 10,923 |   |   |   | - |   |
|                                                      |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| Stock                options issued for                   |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| salary                (unaudited)                         |   |                           | -      |   |                        |   | -      |    |   |   | -           |   |   |       | -       |   |    |   | 128,239 |   |   |   | - |   |
|                                                      |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| Consolidated                net loss for the six months   |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| ended                June 30, 2007 (unaudited)            |   |                           | -      |   |                        |   | -      |    |   |   | -           |   |   |       | -       |   |    |   | - |   |   |   | (290,949 | ) |
|                                                      |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| Balance,                June 30, 2007                     |   |                           |   |   |                        |   |   |    |   |   |        |   |   |       |    |   |    |   |   |   |   |   |   |   |
| (unaudited)                                               |   |                           | -      |   |                        | $      | -      |    |   |   | 29,915,471  |   |   | $          | 299,155 |   |    | $      | 10,772,810 |   |   | $ | (11,645,123 | ) |

----

**247      MGI, INC. AND SUBSIDIARIES**

**(FKA      TOTAL IDENTITY CORPORATION AND SUBSIDIARIES)**

**(A      DEVELOPMENT STAGE COMPANY)**

|                                                               |   |                                    |     |   |                        |   |     | From                Inception   |   |
|--------------------------------------------------------------------|--------|-----------------------------------------|----------|--------|-----------------------------|--------|----------|---------------------------------|--------|
|                                                               |   |                                    |     |   |                        |   |     | of                the           |   |
|                                                               |   |                                    |     |   |                        |   |     | Development                     |   |
|                                                               |   |                                    |     |   |                        |   |     | Stage                on July 1, |   |
|                                                               |   | For                the Six Months Ended |     |   | 2006                Through |   |
|                                                               |   | June                30,                 |     |   | June                30,     |   |
|                                                               |   | 2007                                    |     |   | 2006                        |   |     | 2007                            |   |
| CASH                FLOWS FROM OPERATING ACTIVITIES                |   |                                    |     |   |                        |   |     |                            |   |
|                                                               |   |                                    |     |   |                        |   |     |                            |   |
| Net                loss                                            |   | $                                       | (290,949 | )      |                        |   | (182,292 | )                               |   | $ | (537,423 | ) |
| Adjustments                to reconcile net loss to net            |   |                                    |     |   |                        |   |     |                            |   |   |   |   |
| cash                used by operating activities:                  |   |                                    |     |   |                        |   |     |                            |   |   |   |   |
| Depreciation                and amortization – discontinued  |   |                                    | -        |   |                        |   | 1,226    |                            |   |   | - |   |
| Stock                issued for services, salary and interest      |   |                                    | -        |   |                        |   | 24,000   |                            |   |   | - |   |
| Stock                options issued for salary                     |   |                                    | 128,239  |   |                        |   | 8,000    |                            |   |   | 132,239 |   |
| Loss                on sale of assets                              |   |                                    | -        |   |                        |   | 4,845    |                            |   |   |   |   |
| Changes                in assets and liabilities:                  |   |                                    |     |   |                        |   |     |                            |   |   |   |   |
| Decrease                in other assets – discontinued       |   |                                    | -        |   |                        |   | 590      |                            |   |   | - |   |
| (Decrease)                in accounts payable and                  |   |                                    |     |   |                        |   |     |                            |   |   |   |   |
| accounts                payable related party – discontinued |   |                                    | -        |   |                        |   | (9,592   | )                               |   |   | - |   |
| Increase                (decrease) in accounts payable and         |   |                                    |     |   |                        |   |     |                            |   |   |   |   |
| accounts                payable – related parties            |   |                                    | 925      |   |                        |   | (26,722  | )                               |   |   | (67,936 | ) |
| Increase                in accrued expenses - discontinued         |   |                                    | -        |   |                        |   | 2,000    |                            |   |   | - |   |
| Increase                in accrued expenses                        |   |                                    | 130,352  |   |                        |   | 80,502   |                            |   |   | 258,399 |   |
|                                                               |   |                                    |     |   |                        |   |     |                            |   |   |   |   |
| Net                Cash (Used) by Operating Activities             |   |                                    | (31,433  | )      |                        |   | (97,443  | )                               |   |   | (214,721 | ) |
|                                                               |   |                                    |     |   |                        |   |     |                            |   |   |   |   |
| CASH                FLOWS FROM INVESTING ACTIVITIES                |   |                                    | -        |   |                        |   | -        |                            |   |   | - |   |
|                                                               |   |                                    |     |   |                        |   |     |                            |   |   |   |   |
| CASH                FLOWS FROM FINANCING ACTIVITIES                |   |                                    |     |   |                        |   |     |                            |   |   |   |   |
|                                                               |   |                                    |     |   |                        |   |     |                            |   |   |   |   |
| Proceeds                (Payment) on bank overdraft                |   |                                    | 6,089    |   |                        |   | (143     | )                               |   |   | 6,089 |   |
| Proceeds                from notes payable                         |   |                                    | -        |   |                        |   | 65,000   |                            |   |   | - |   |
| Payment                on notes payable                            |   |                                    | -        |   |                        |   | -        |                            |   |   | (5,000 | ) |
| Proceeds                from related party notes                   |   |                                    | 25,872   |   |                        |   | 64,373   |                            |   |   | 189,584 |   |
| Payments                on related party notes                     |   |                                    | (880     | )      |                        |   | (6,859   | )                               |   |   | (880 | ) |
|                                                               |   |                                    |     |   |                        |   |     |                            |   |   |   |   |
| Net                Cash Provided by Financing Activities           |   |                                    | 31,081   |   |                        |   | 122,371  |                            |   |   | 189,793 |   |
|                                                               |   |                                    |     |   |                        |   |     |                            |   |   |   |   |
| INCREASE                (DECREASE) IN CASH                         |   |                                    | (352     | )      |                        |   | 24,928   |                            |   |   | (24,928 | ) |
|                                                               |   |                                    |     |   |                        |   |     |                            |   |   |   |   |
| CASH                AT BEGINNING OF PERIOD                         |   |                                    | 352      |   |                        |   | -        |                            |   |   | 24,928 |   |
|                                                               |   |                                    |     |   |                        |   |     |                            |   |   |   |   |
| Cash                from continuing operations                     |   |                                    | -        |   |                        |   | 24,928   |                            |   |   | - |   |
| Cash                from discontinued operations                   |   |                                    | -        |   |                        |   | -        |                            |   |   | - |   |
|                                                               |   |                                    |     |   |                        |   |     |                            |   |   |   |   |
| CASH                AT END OF PERIOD                               |   | $                                       | -        |   |                        | $      | 24,928   |                            |   | $ | - |   |

----

**247      MGI, INC. AND SUBSIDIARIES**

** (FKA      TOTAL IDENTITY CORPORATION AND SUBSIDIARIES)**

**(A      DEVELOPMENT STAGE COMPANY)**

|                                                          |   |                                    |    |   |                        |   |   | From                Inception              |   |
|---------------------------------------------------------------|--------|-----------------------------------------|---------|--------|-----------------------------|--------|--------|--------------------------------------------|--------|
|                                                          |   |                                    |    |   |                        |   |   | of                the                      |   |
|                                                          |   |                                    |    |   |                        |   |   | DevelopmentStage                on July 1, |   |
|                                                          |   | For                the Six Months Ended |    |   | 2006                Through |   |
|                                                          |   | June                30,                 |    |   | June                30,     |   |
|                                                          |   | 2007                                    |    |   | 2006                        |   |   | 2007                                       |   |
|                                                          |   |                                    |    |   |                        |   |   |                                       |   |
| SUPPLEMENTAL                DISCLOSURES OF                    |   |                                    |    |   |                        |   |   |                                       |   |
| CASH                FLOW INFORMATION:                         |   |                                    |    |   |                        |   |   |                                       |   |
|                                                          |   |                                    |    |   |                        |   |   |                                       |   |
| CASH                PAID FOR:                                 |   |                                    |    |   |                        |   |   |                                       |   |
|                                                          |   |                                    |    |   |                        |   |   |                                       |   |
| Interest                                                      |   | $                                       | -       |   |                        | $      | -      |                                       |   | $ | - |   |
| Income                taxes                                   |   | $                                       | -       |   |                        | $      | -      |                                       |   | $ | - |   |
|                                                          |   |                                    |    |   |                        |   |   |                                       |   |   |   |   |
| SCHEDULE                OF NON-CASH FINANCING                 |   |                                    |    |   |                        |   |   |                                       |   |   |   |   |
| ACTIVITIES:                                                   |   |                                    |    |   |                        |   |   |                                       |   |   |   |   |
|                                                          |   |                                    |    |   |                        |   |   |                                       |   |   |   |   |
| Stock                issued for services, salary and interest |   | $                                       | -       |   |                        | $      | 24,000 |                                       |   | $ | - |   |
| Stock                options issued for salary                |   | $                                       | 128,239 |   |                        | $      | 8,000  |                                       |   | $ | 132,239 |   |
| Stock                issued for debt                          |   | $                                       | 480,543 |   |                        | $      | 70,000 |                                       |   | $ | 541,637 |   |
| Preferred                stock issued for related party       |   |                                    |    |   |                        |   |   |                                       |   |   |   |   |
| debt                                                          |   | $                                       | -       |   |                        | $      | -      |                                       |   | $ | 163,711 |   |
| Note                payable issued for wages payable          |   | $                                       | 33,333  |   |                        | $      | -      |                                       |   | $ | 347,333 |   |

----

**247      MGI, INC. AND SUBSIDIARIES**

** (FKA      TOTAL IDENTITY CORPORATION AND SUBSIDIARIES)**

**(A      DEVELOPMENT STAGE COMPANY)**

| NOTE                1 - | BASIS                OF FINANCIAL STATEMENT PRESENTATION |
|-------------------------|----------------------------------------------------------|

| NOTE                2 - | COMMITMENTS                AND CONTINGENCIES |
|-------------------------|----------------------------------------------|

----

**247      MGI, INC. AND SUBSIDIARIES**

** (FKA      TOTAL IDENTITY CORPORATION AND SUBSIDIARIES)**

**(A      DEVELOPMENT STAGE COMPANY)**

| NOTE                2 - | COMMITMENTS                AND CONTINGENCIES (CONTINUED) |
|-------------------------|----------------------------------------------------------|

*John J. Loughlin II Plaintiff, vs. 247MGI, Inc. a/k/a Total Identity        Corp, Defendants. *

| NOTE                3 - | SALES                AGREEMENTS |
|-------------------------|---------------------------------|

----

**247      MGI, INC. AND SUBSIDIARIES**

** (FKA      TOTAL IDENTITY CORPORATION AND SUBSIDIARIES)**

**(A      DEVELOPMENT STAGE COMPANY)**

| NOTE                3 - | SALES                AGREEMENTS (CONTINUED) |
|-------------------------|---------------------------------------------|

|                                               |   | For                the Six Months Ended |   |
|----------------------------------------------------|--------|-----------------------------------------|--------|
|                                               |   | June                30,                 |   |
|                                               |   | 2007                                    |   |   | 2006 |   |
| REVENUE                                            |   | $                                       | -      |   |   | $ | - |   |
|                                               |   |                                    |   |   |   |   |   |   |
| COST                OF SALES                       |   |                                    | -      |   |   |   | 11,744 |   |
|                                               |   |                                    |   |   |   |   |   |   |
| GROSS                DEFICIT                       |   |                                    | -      |   |   |   | (11,744 | ) |
|                                               |   |                                    |   |   |   |   |   |   |
| EXPENSES                                           |   |                                    |   |   |   |   |   |   |
|                                               |   |                                    |   |   |   |   |   |   |
| Depreciation                                       |   |                                    | -      |   |   |   | 1,226 |   |
| Selling,                general and administrative |   |                                    | -      |   |   |   | 490 |   |
|                                               |   |                                    |   |   |   |   |   |   |
| Total                Expenses                      |   |                                    |   |   |   |   |  (1,716 | )  |
|                                               |   |                                    |   |   |   |   |   |   |
| LOSS                FROM DISCONTINUED OPERATIONS   |   | $                                       | -      |   |   | $ | (13,460 | ) |

| NOTE                4 - | RELATED                PARTY TRANSACTIONS |
|-------------------------|-------------------------------------------|

----

**247      MGI, INC. AND SUBSIDIARIES**

** (FKA      TOTAL IDENTITY CORPORATION AND SUBSIDIARIES)**

**(A      DEVELOPMENT STAGE COMPANY)**

| NOTE                4 - | RELATED                PARTY TRANSACTIONS (CONTINUED) |
|-------------------------|-------------------------------------------------------|

----

**247      MGI, INC. AND SUBSIDIARIES**

** (FKA      TOTAL IDENTITY CORPORATION AND SUBSIDIARIES)**

**(A      DEVELOPMENT STAGE COMPANY)**

| NOTE                5 - | COMMON                STOCK AND EQUITY INSTRUMENTS |
|------------------------------|----------------------------------------------------|

|                                    |                              |
|-----------------------------------------|-----------------------------------|
| Risk                free interest rates | 4.46                – 4.65% |
| Expected                lives           | 5                years            |
| Expected                volatilities    | 215                - 217%         |
| Dividend                yields          | 0.00%                             |

| NOTE                6 - | SIGNIFICANT                EVENTS |
|-------------------------|-----------------------------------|

----

**247      MGI, INC. AND SUBSIDIARIES**

** (FKA      TOTAL IDENTITY CORPORATION AND SUBSIDIARIES)**

**(A      DEVELOPMENT STAGE COMPANY)**

| NOTE                6 - | SIGNIFICANT                EVENTS  (CONTINUED) |
|-------------------------|----------------------------------------------------------|

| NOTE 7                  - | GOING                  CONCERN |
|--------------------------------|--------------------------------|

| NOTE                8 - | SUBSEQUENT                EVENTS |
|------------------------------|----------------------------------|

----

**247      MGI, INC. AND SUBSIDIARIES**

** (FKA      TOTAL IDENTITY CORPORATION AND SUBSIDIARIES)**

**(A      DEVELOPMENT STAGE COMPANY)**

| NOTE                8 - | SUBSEQUENT                EVENTS  (CONTINUED) |
|------------------------------|---------------------------------------------------------|

*John J. Loughlin II Plaintiff, vs. 247MGI, Inc. a/k/a Total Identity        Corp, Defendants. *

----

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

| **·  ** | 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. |
|------------------------|-----------------------------------------------------------------------------|

**.**

----

***Results      of Operations***

***Results      of Operations***

***Six      months ended June 30, 2007 as compared to the six months ended June 30,      2006***

|                                               |   | Six                Months Ended |     |   | Increase/       |   |     | Increase/                     |   |
|----------------------------------------------------|--------|---------------------------------|----------|--------|-----------------|--------|----------|-------------------------------|--------|
|                                               |   |                                 |     |   |                 |   |     | (Decrease)                    |   |   | (Decrease) |   |
|                                               |   |  6/30/2007                 |     |   |  6/30/2006 |   |     | $                2007 vs 2006 |   |   | %                2007 vs 2006 |   |
| Revenue                                            |   |                            | -        |   |            |   | -        |                          |   |   | - |   |   |   | - |   |
| Cost                of sales                       |   |                            | -        |   |            |   | -        |                          |   |   | - |   |   |   | - |   |
| Gross                margin                        |   |                            | -        |   |            |   | -        |                          |   |   | - |   |   |   | - |   |
|                                               |   |                            |     |   |            |   |     |                          |   |   |   |   |   |   |   |   |
| Expenses                                           |   |                            |     |   |            |   |     |                          |   |   |   |   |   |   |   |   |
| Salaries                and wages                  |   |                            | 253,239  |   |            |   | 98,000   |                          |   |   | 155,239 |   |   |   | 158 | % |
| Selling,                general and administrative |   |                            | 25,928   |   |            |   | 33,013   |                          |   |   | (7,085 | ) |   |   | (21 | %) |
| Total                expenses                      |   |                            | 279,167  |   |            |   | 131,013  |                          |   |   | 148,154 |   |   |   | 113 | % |
| Loss                from operations                |   |                            | (279,167 | )      |            |   | (131,013 | )                             |   |   | 148,154 |   |   |   | 113 | % |
| Other                income (expense)              |   |                            |     |   |            |   |     |                          |   |   |   |   |   |   |   |   |
| Interest                expense                    |   |                            | (11,782  | )      |            |   | (33,002  | )                             |   |   | (21,220 | ) |   |   | (64 | %) |
| Loss                on sale of assets              |   |                            | -        |   |            |   | (4,845   | )                             |   |   | (4,845 | ) |   |   | (100 | %) |
| Other                income                        |   |                            | -        |   |            |   | 28       |                          |   |   | (28 | ) |   |   | (100 | %) |
| Total                other income (expense)        |   |                            | (11,782  | )      |            |   | (37,819  | )                             |   |   | (26,037 | ) |   |   | (69 | %) |
| Loss                before discontinued operations |   |                            | (290,949 | )      |            |   | (168,832 | )                             |   |   | 122,117 |   |   |   | 72 | % |
| Discontinued                operations             |   |                            | -        |   |            |   | (13,460  | )                             |   |   | (13,460 | ) |   |   | (100 | %) |
| Net                loss                            |   |                            | (290,949 | )      |            |   | (182,292 | )                             |   |   | 108,657 |   |   |   | 60 | % |

**Total      expenses**

**Total      other income (expense)**

----

**Discontinued      operations**

**Liquidity      and Capital Resources**

***Critical      Accounting Policies***

----

*Fixed      assets.*

*Long-Lived      Assets*

*Stock      Based Compensation.*

***New      Accounting Standards***

*.*

| **ITEM                3.** | **CONTROLS                AND PROCEDURES** |
|----------------------------|--------------------------------------------|

----

**PART      II – OTHER INFORMATION**

| **Item                1.** | **Legal                Proceedings** |
|----------------------------|--------------------------------------|

*John J. Loughlin II Plaintiff, vs. 247MGI, Inc. a/k/a Total Identity        Corp, Defendants. *

| **Item                2.** | **Unregistered                Sales of Equity Securities and Use of                Proceeds** |
|----------------------------|-----------------------------------------------------------------------------------------------|

| **Item                3.** | **Defaults                Upon Senior Securities** |
|----------------------------|----------------------------------------------------|

| **Item                4.** | **Submissions                of Matters to a Vote of Security                Holders** |
|----------------------------|----------------------------------------------------------------------------------------|

| **Item                5.** | **Other                Information** |
|----------------------------|--------------------------------------|

----

| **Item                6.** | **Exhibits** |
|----------------------------|--------------|

| 31.1 | Section                302 Certificate of Chief Executive                Officer |
|------|----------------------------------------------------------------------------------|

| 31.2 | Section                302 Certificate of the principal financial and accounting                officer |
|------|---------------------------------------------------------------------------------------------------------|

| 32.1 | Section                906 Certificate of Chief Executive                Officer |
|------|----------------------------------------------------------------------------------|

----

**SIGNATURES**

|                                      |   |   |                                                                                                                                                              |   |
|-------------------------------------------|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|
|                                      |   |   | 247MGI,                INC.                                                                                                                                       |   |
|                                      |   |   |                                                                                                                                                              |   |   |
| August  13,                2007 |   |   | By: /s/                Matthew P. Dwyer                                                                                                                      |   |
|                                      |   |   | Matthew                P. Dwyer, CEO, CFO and President, principal executive officer and                principal financial and accounting                officer |

----