ML Capital Group Inc. (MLCG)

[Calvin Hobbes]

NOTE 7 – SUBSEQUENT EVENTS
In the following quarterly period the Company executed a Share Purchase Agreement (the “SPA”) to acquire all of
the membership interest of First Class Hawaiian Coaches,
LLC., dba Platinum Tours Maui (“FCHC”). The acquisition
price of Two (2) Million Dollars is secured via a One (1)
Million Dollar Convertible Promissory Note, made by the
Company, and a Warrant with an exercise price of One (1
) Million Dollars; both of these instruments have been
secured by a UCC lien filed with the State of Nevada and are held by the former managing member of FCHC’s.
Subsequently, the managing member of FCHC’s tendered their resignation and ML Capital Group, via the Company’s
current Management, were installed as a managing member
of FCHC’s. The Company will be consolidating both ML
Capital Group and FCHC’s financial for presentation of the fi
nancial statements for the nine months ending September
30, 2016.