ML Capital Group Announces Management Change
MIAMI, FL / ACCESSWIRE / April 1, 2016 / ML
Capital Group Inc., (PINKSHEETS: MLCG): ML Capital Group Inc. would
like to inform its valued shareholders that it has accepted Ms.
Lisa Nelson's resignation as CEO and Chairman of the Board. The
Company would like to thank Ms. Nelson for her time and devotion to
the Company and wishes her well in her future endeavors.
The Company is pleased to announce that Mr. Kevin Bobryk has
accepted the positions of CEO and Chairman of the Board. Mr. Bobryk
intends to usher the Company into a new phase of growth and
development through targeted acquisitions. Mr. Bobryk is known as a
reputable leader and strategic developer with a successful
background orchestrating start-ups as well as elevating
organizational performance through skillful restructuring. These
skills are invaluable in bringing the Company's financial and
disclosure reporting requirements back to current status
"Currently, we are in the process of adjusting the Company's
capital share structure to ensure that excessive dilution will not
be a factor which occurs moving forward," says Mr. Bobryk.
"Additionally, the Company would like to address shareholder
concerns and confirm that there is no intention of effecting a
reverse split currently or in the foreseeable future."
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
ML Capital Group Inc.
Contact Person: Kevin Bobryk
Contact Email: email@example.com
SOURCE: ML Capital Group Inc.