MCAP Inc. (MCAP)

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Mango Capital, Inc. Announces Sale of Horseshoe Bay Properties and the Retention of Corporate General Counsel

FAR HILLS, N.J., July 26, 2016 (GLOBE NEWSWIRE) -- Mango Capital, Inc. (OTC:MCAP) today announces the completion of the cash sale of 26 properties in the Horseshoe Bay community located in the heart of the Texas Hill Country near Austin.

“Again we continue to execute on our aggressive growth strategy. We announced the acquisition of these properties only a month ago and already we were able to generate cash flow from them,” stated Mango President Rick Makoujy.

Mango Capital is also proud to add Mark Rutecki, Esq. as its General Counsel. Mark Rutecki is a 25+ year veteran attorney who graduated from St. Thomas University School of Law in Miami, Florida at the top of his class. Mr. Rutecki’s leadership and business sense led him to form his law firm in 1991 directly upon receiving his Juris Doctorate Degree and having been sworn into both the Florida Bar and the Federal Bar of the United States District Court for the Southern District of Florida. Mark Rutecki's practice areas include specialties in real estate, both transactional and real estate related litigation, business and corporate law, mergers and acquisitions, and commercial, consumer and civil litigation.

Stated Mark, “I am excited to join the Mango team to help the company implement its aggressive growth strategy.”

About Mango Capital, Inc.

Mango Capital Inc. is a real estate holding company specializing in acquiring undervalued American land and complimentary operating businesses in promising markets. MCAP recently completed the acquisition of more than 500 real estate properties in Arkansas, Arizona, Colorado, New Mexico and Texas. With a motivated team, Mango will seize the opportunity to efficiently grow Mango into a major domestic land owner. Mango plans to acquire promising real property efficiently utilizing company shares as currency and intends to opportunistically sell properties for cash and/or notes.

For additional information about Mango, contact Jacqueline Palumbo, Communications Director, Mango Capital, Inc., at [phone] or Mango President Rick Makoujy [e-mail].

Please visit our website http://mangocapitalinc.com/

This release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, as amended. The matters discussed in this news release involve goals, forecasts, assumptions, risks and uncertainties that could cause actual results to differ materially from those expressed in the forward-looking statements. Readers are cautioned not to place undue reliance on forward-looking statements.

Company Investor Relations
Stuart T. Smith
512-267-2430
[e-mail]