Outdoor ad group spent over $257K lobbying in 1Q and Movin 93.9's Tera Bonilla (aka RED LOQUITA) Record Release Party! At House of Blues on July 10, 2008!

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City of Industry, CA --(www.USEquityNews.com)-- 07/09/2008 - Broadcasting industry alert provided by U.S. Equity News. Outdoor Advertising Association of America spent more than $257,000 in the first quarter lobbying on a highway bill and other issues, according to a disclosure report. The group also lobbied Congress on the regulation of outdoor advertising, according to the report filed with the House clerk's office April 21. Members of the association include CBS Outdoors (NYSE: CBS), a unit of CBS Corp., and Clear Channel Outdoors, one of the world's largest billboard advertisers, which is 90 percent owned by Clear Channel Communications, Inc. The group also represents companies that advertise on mass transit and other outdoor locations.


The chairman of radio broadcaster Entercom Communications Corp. (NYSE: ETM) bought 60,000 shares of stock, according to a Securities and Exchange Commission filing Monday. In a Form 4 filed with the SEC, Joseph M. Field reported he bought the shares for $6.39 to $6.61 apiece on Thursday. Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction. Entercom is based in Bala Cynwd, Pa.

Movin 93.9's (NASDAQ: EMMS)Tera Bonilla a.k.a. RED LOQUITA is releasing her hot new album "The Dance. The Song. La Musica." at the House of Blues Sunset Strip. Tera is the fiery, fan-favorite radio personality of Movin 93.9 and a longtime pro in entertainment. This smoking debut is a new breed of sultry Latin music filled with a hip, energetic passion. All attendants will be in for a treat. Red Loquita herself will put on a sizzling show with a 13 piece band and some special surprises. Host Cory Almeida from American Idol will emcee the night. There will also be CDs for sale and an autograph session after the show!

247MGI, Inc. (OTC: TOFS) is pleased to announce it has been working to help resolve pending and past legal actions against the company. The Company is pleased to announce the pending issue with Dr. Martin Peskin has been resolved and a settlement agreement has been entered into and filed with the courts. The Company currently does not have any pending legal actions at this time and is working to resolve matters resulting from a prior Stock Purchase Agreement the Company entered into in 2003 to avoid any further legal action. With no pending legal actions 247MGI has been in talks with several candidates to join the Company as Officers and Directors.

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