FOUNTAIN HILLS, AZ–(Marketwired – Jun 3, 2014) – ML Capital Group, Inc. (OTCQB: MLCG) is pleased to announce the significant progress it has made from the commercial launch of its SuperStar Vapor Pen product line.
ML Capital Group received its first commercial shipment of its SuperStar Vapor Pens last month and immediately started to ship units and produce sales on both a direct basis, and through its various distributors. As such, the Company will be reporting an increase in revenues for the quarter ending June 30, 2014. In conjunction with the commercial launch of the SuperStar Vapor Pen — the Company also launched its new ecommerce website at www.SuperStarVaporPens.com.
The Company has commenced an integrated marketing and outreach campaign focused on the medical marijuana community, dispensaries, online ecommerce stores, and retail outlets that can carry the Company’s SuperStar Vapor Pen product line. To date, there has been considerable interest by numerous companies, dispensaries, and specialized retail outlets to carry the product and initial orders have been received from several locations throughout the United States. Mrs. Lisa Nelson, the Company’s President, stated “since our commercial launch of the SuperStar Vapor Pen last month, sales have ramped quite nicely above our initial expectations. As we continue to aggressively market our products on a national scale and solidify new relationships in the medical marijuana community, dispensaries and retail establishments that also sell tobacco based products, we’re highly confident in the Company’s growth and the SuperStar brand becoming a nationally recognized name.”
The Company also has met with several industry professionals and executives to expand upon its network within the medical marijuana industry and to add new members to its Advisory Board and/or Board of Directors. Announcements of new additions to the Company’s team are anticipated in the very near future.
About ML Capital Group, Inc.:
ML Capital Group, Inc.’s primary business consists of producing products and providing services that support the medical marijuana industry and enhances the lives of the patients that have turned to medical marijuana/cannabis to manage their various ailments. The Company is currently producing and marketing its products and services under the SuperStar brand name, including vapor pens, mobile applications, and books. The focus of the Company to sell products and services that does not include the growing, manufacture, or distribution of medical marijuana, cannabis, or cannabis by-products places it as one of the safest types of companies in the medical marijuana industry.
ML Capital Group’s stock is traded on the OTC Bulletin Board and OTC Markets where it is 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.
Investor Relations Contact:
Stuart T. Smith