MLCG ML Capital Group Inc (CE)

ML Capital Group Announces Preliminary $1 Million 2017 Sales Forecast Based On Record Q4 Sales And Pending Cannabis Business Acquisition

Miami, FL -- January 19, 2017 -- InvestorsHub NewsWire -- ML Capital Group (USOTC: MLCG) today announced a preliminary $1 million 2017 sales forecast. Management has published an online presentation detailing the forecast that is based on:

1. Current annual sales approaching $400,000 annually;
2. Record 2016 fourth quarter sales performance, and
3. Entry into Cannabis Tourism through a pending acquisition.

The Company recently announced record sale performance for the fourth quarter of 2016. The Company also recently announced its entry into the cannabis sector through the pending acquisition of Spanish Peaks ScrumpDelicacies and a corresponding partnership with Puration, Inc. (USOTC:PURA). In a presentation published today, management details a preliminary $1 million 2017 forecast based on its introduction of a Cannabis Tourism offering on top of the ongoing growth from its existing luxury tourism business. View the entire forecast presentation at the link below:

MLCG 2017 LUXURY TOURSIM SALES FORECAST TO INCLUDE NEW CANNABIS TOURS

Management intends to review its performance regularly through 2017 and publish corresponding updates and revisions to the forecast published today.

Safe Harbor: This release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 27E of the Securities Act of 1934. Statements contained in this release that are not historical facts may be deemed to be forward-looking statements. Investors are cautioned that forward-looking statements are inherently uncertain. Actual performance and results may differ materially from that projected or suggested herein due to certain risks and uncertainties including, without limitation, ability to obtain financing and regulatory and shareholder approval for anticipated actions.

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