NEW YORK, June 26, 2012 /PRNewswire/ -- Mango Capital,
Inc. (Other Over the Counter: MCAP) announced today that its Board
of Directors declared a thirty-four
cent ($0.34) dividend as the
result of the sale of the patents held by MangoSoft Intellectual
Property, Inc., a wholly owned subsidiary of Mango Capital, Inc.
(See, press release dated May
31, 2012). The record date is July 3rd and the payment date will be on or about
July 13th. To save costs and expenses, and maximize the
dividend to shareholders, Mango Capital, Inc. also hired Registrar
and Transfer Company ("R&T Co.") (http://www.rtco.com) as its
new transfer agent. R&T Co. will be administering the
dividend process on Mango Capital's behalf. In the event
you will be a shareholder on the record date, to ensure timely
delivery of your dividend without a tax-withholding being applied,
for shares you hold of record (shares registered directly in your
name on our stock records with our transfer agent), please ensure
R&T Co. has your proper address and completed IRS W-9
Form. Copies of the forms needed are available on Mango's
website, www.mangocap.com. For shares held in "street
name" by a brokerage firm, there is no need to provide any
information to R&T Co.
Following this dividend payment, Mango Capital, Inc. and its
subsidiaries do not have material assets, and they currently do not
conduct any substantive business operations.
Safe Harbor Statement
This update includes forward-looking statements. These
forward-looking statements generally can be identified by phrases
such as Mango Capital, Inc. or its management "believes,"
"expects," "anticipates," "foresees," "forecasts," "estimates" or
other words or phrases of similar import. Similarly, statements
herein that describe the Company's business strategy, outlook,
objectives, plans, intentions or goals also are forward-looking
statements. All such forward-looking statements are subject to
certain risks and uncertainties that could cause actual results to
differ materially from those in forward-looking statements.
Please send inquires to Anthony
Hayes at Mango Capital, Inc. via email at
AHayes@MangoCap.com, 1-917-756-2692
SOURCE Mango Capital, Inc.