SOURCE: ML Capital Group, Inc.

March 20, 2014 08:45 ET

ML Capital Group, Inc. Is Excited to Announce That It Has Signed Its First Major Distributor to Market and Sell the SuperStar Vapor Pens

FOUNTAIN HILLS, AZ--(Marketwired - Mar 20, 2014) - ML Capital Group, Inc. (OTCQB: MLCG) (OTCBB: MLCG) announces its continued development, growth and expansion in the medical marijuana industry and the commercialization of its SuperStar Vapor Pen products.

ML Capital Group, Inc. ("MLCG" or the "Company") recently announced the upcoming publication of its SuperStar MMJ Recipes book, as well as integrating access to the book through its SuperStar MMJ Dispensaries smartphone application, both of which are expected to be launched in April 2014.

Today, the Company is excited to announce that it has signed its first major distributor to market and sell the SuperStar Vapor Pen. The Company recently signed a marketing and distribution agreement with Merv Marketing Group, based in New York, which will concentrate its initial efforts in securing numerous points of sale for the SuperStar Vapor Pen through established specialty retail stores and nationally recognized convenience stores throughout the New York metropolitan area. Mrs. Lisa Nelson, the Company's President and CEO, commented, "This is a landmark event for ML Capital Group and a major accomplishment that we're very proud of. We're honored to be working with an organization such as Merv Marketing as they have long standing industry relationships in retail, which we expect will accelerate our sales growth and ability to scale to a national level in a relatively short timeframe."

The Company is also pleased to announce that it received confirmation from the United States Patent and Trademark Office (USPTO) that its trademark application for "SuperStar Vapor Pens" has been received and filed. As the Company continues to grow and expand by developing new branded products and services around the medical marijuana industry, it will build an intellectual property portfolio to secure those brands with the view of building long-term intrinsic value in the Company, and commercializing national and international brand names.

About ML Capital Group, Inc.:

ML Capital Group, Inc.'s primary business consists of providing management, financial and strategic consulting services designed to advance and improve an organization's ability to conduct its business more effectively and to foster sales growth, with a principal focus on assisting companies in the green technology industry as well as produces, markets and sells its own branded products that are specifically focused on the medical marijuana, or "green medicine," industry.

ML Capital Group's stock is traded on the OTC Bulletin Board and OTC Markets where it is qualified to be listed in the QB marketplace as a current reporting company. You can access the Company's stock quote directly from OTC Markets at www.otcmarkets.com/stock/MLCG/quote. To find out more information on the Company, visit its website at www.mlcapitalgroupinc.com.

Safe Harbor Statement:

This update includes forward-looking statements. These forward-looking statements generally can be identified by phrases such as "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.

Contact Information

  • Investor Relations Contact:

    Lisa Nelson
    President & CEO
    ML Capital Group, Inc.
    Phone: 480-816-5308
    Email: lisa@mlcapitalgroupinc.com