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Sunday, November 27, 2022

It is the Season for ML Capital Group Inc (OTCBB:MLCG)

ML Capital Group Inc (OTCBB:MLCG) is drifting back into sub penny oblivion after a recent run up to highs over half a penny. MLCG has a history of big moves running from $0.03 range to highs of $0.185 this time last year.

The timing is right for MLCG with multiple catalysts suggesting 2015 will be a big year for the post sector; according to a recent report from MMJ Business Daily, 2015 is expected not only to see more investment dollars flow into the market but it could even outpace the growth rate seen in 2014. States like Nevada, Illinois, Massachusetts, Oregon, and Alaska have all been identified as industry drivers this year. Furthermore, the rise in “big money” from some major investment funds has just started to hit the sector.

In recent news MLCG said that it has received shipment confirmation from the manufacturers of its newest product line Superstar TM Galaxy 3-1 Vapor Pen.

The vapor pen’s manufacturers have confirmed that the shipment will arrive first week of February 2015 to ML Capital Group’s headquarters. The Superstar Vapor Pen sold on its website and through distributors has three specialized tips for medical needs or pleasure. The pen has a medicine (tobacco) tip, wax atomizer, and also an E-liquid tip. The battery can be recharged from an outlet or computer power source.

ML Capital Group Inc (OTCBB:MLCG) primary business consists of producing products and providing services that support the medical marijuana industry and that enhance the lives of the patients that have turned to medical marijuana/cannabis to manage their various ailments.

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The Company is currently producing and marketing its products and services under the SuperStar Products(R) brand name, including vapor pens, mobile applications, and books. The focus of the Company is to sell products and services that do not include the growing, manufacture, or distribution of medical marijuana, cannabis, or cannabis by-products. This places the ML Capital Group, Inc. as one of the safest types of companies to invest in within the entire medical marijuana industry.

Back on October 24 MLCG announced it will be an exhibitor at the upcoming first annual Vapor Dynasty Expo in Phoenix, Arizona from October 24 through October 26, 2014. Over 150 exhibitors from all over the world are expected to present at this widely anticipated event. The event is also referred to as the “Electronic Cigarette Expo”.

ML Capital Group CEO Lisa Nelson stated, “We look forward to this wonderful opportunity to further market and expose our products. We expect to incur new orders for product, add resellers, and create new relationships with stores that will offer our branded offerings.”

The news was followed up with an announcement from MLCG that it started to add sales representatives in Europe. One of its reps based in Oslo, Norway has begun to sell products in that country, and additional sales are anticipated in Helsinki and Copenhagen in the next few weeks.

ML Capital Group CEO Lisa Nelson stated, “Based on our research, the market for electronic smoking devices and accessories in Europe in huge. We have already established channels and representatives to sell our product overseas, and believe this expansion of our reach will take us to a whole new level.”

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Conclusion: MLCG has seen a recent explosion in price and volume in sub penny land. The move up comes after the stock hit a recent low of $0.0013 after months of downward drift reversed when the Marijuana sector started heating up.

Pot stocks have heated up as Marijuana was legalized in Alaska, Oregon and Washington D.C. MLCG is sure to continue to benefit and looks to be under accumulation as investors snap up shares. Not surprising considering MLCG exploded 500% the last time post stocks ran. MLCG is one pot stock that deserves to be on investors radar here.

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Disclosure: we hold no position in MLCG either long or short and we have not been compensated for this article.

Ali Raza
A journalist, with experience in web journalism and marketing. Ali holds a master degree in finance and enjoys writing about cryptocurrencies and fintech. Ali’s work has been published on a number of cryptocurrency publications.

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