MLCG ML Capital Group Inc (CE)

The Purchase Marks a Significant Step into the Travel and Tourism Market

MIAMI, FL / ACCESSWIRE / August 9, 2016 / ML Capital Group Inc. (OTC PINK: MLCG) ML Capital Group has acquired First Class Hawaiian coaches, known publicly as Platinum Tours Maui (PT Maui). This acquisition of a leading operator in a thriving market, is part of a strategic decision to aggressively target the travel and tourism sector for immediate and long-term growth.

"This acquisition is an ideal first step as we transform ML Capital Group into a travel and tourism focused holding company," says CEO Kevin Bobryk. "PT Maui is, without a doubt, the most advanced, most luxurious and most rapidly evolving operator on the island. They are local experts, they offer unrivaled tour experiences, and there is no company that we would rather work with."

PT Maui is already the preferred partner for several luxury resorts on the island, and first-class travel planners globally. "We expect to announce details of these exciting agreements in the coming weeks," added Bobryk. "These agreements will take our business to the next level."

Details of the acquisition will be included in the forthcoming June 30^th quarterly disclosure filing, in the subsequent events section. The consolidated financial statements will be contained within the September 30^th disclosure filing.

For further information:

Platinum Tours Maui and ML Capital Group politely and formally request that all inquiries, whether stock-related or travel be submitted to investor relations at info@mlcginc.com. Staff at the tour company will not and are not able to answer any inquiry, stock-related or otherwise. You will be directed to the info@mlcginc.com email address for further information and direction. Investor relations directly interfaces with the company and any questions related to tourism or travel will be immediately directed to the appropriate staff in the tour company.

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

Contact: Investor Relations
Email: info@mlcginc.com
786-313-3206

SOURCE: ML Capital Group Inc.