MLCG announces 25% Year-Over-Year Gross Revenue Increase

Date : 03/14/2017 @ 10:49AM
Source :InvestorsHub NewsWire
Stock : Ml Capital Group Inc. (PN) (MLCG)
Quote : 0.0001  0.0 (0.00%) @ 1:49PM

MLCG announces 25% Year-Over-Year Gross Revenue Increase

Miami, FL -- March 14, 2017 -- InvestorsHub NewsWire -- ML Capital Group (USOTC: MLCG) today announces that its flagship brand, Platinum Tours of Maui, has in the first quarter of 2017, realized a 25% increase in first-quarter revenue over 2016, following on an equally impressive 29% increase from 2015 to 2016.
The real story, however, is that in this period, PT Maui realized a 47% increase compared to 2016, with 18 days left in the quarter. This follows a 23% increase from 2015 to 2016. The company accredits this growth to partnerships with the MasterCard® Priceless® Cities affinity program, a thriving social media program, and new, formal “preferred luxury provider” partnerships with major concierge desks and hoteliers on the island that have the significant potential to enhance these already impressive results.
MLCG $1 Million 2017 Sales Forecast
These results quantify and validate MLCG’s preliminary $1 million 2017 sales forecast, and increase the likelihood of upward revisions, given that Maui’s peak tourism season on the horizon. This, combined with the Company’s recent introduction of a luxury entry into Colorado’s $19 billion tourism sector, with a luxury cannabis tourism brand, make 2017 a potential banner year.
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.
Explore Inc. Investor Relations


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