ML Capital Group Inc. Announces Letter of Intent
April 22 2016 - 10:03AM
Access Wire
MIAMI, FL / ACCESSWIRE / April 22, 2016 / ML
Capital Group Inc. (OTC PINK: MLCG) (PINKSHEETS: MLCG) is pleased
to announced that the Company is in binding discussions to acquire
a travel-related transportation company which operates on the
island of Maui, Hawaii. This profitable company provides
transportation and tour services to exclusive and high-end clients.
Growth is anticipated at 25-30% in the next twelve months.
"This is the first of several travel-related acquisitions the
company has identified," says CEO Kevin Bobryk. "Our goal of
acquiring $100 million in top-line revenue sales within a 3-year
period is a realistic possibility through the skill and experience
of our strategic partners."
The Company's strategy is to acquire and roll-up
revenue-producing travel-related businesses into a comprehensive
portfolio. The Company has identified multiple targets that
collectively represent business activities of over $100 million
dollars in gross revenues per annum.
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.
ML Capital Group Inc.
Contact: Kevin Bobryk
Email: info@mlcginc.com
SOURCE: ML Capital Group Inc.
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