FAR HILLS, N.J., Nov. 11, 2016 (GLOBE NEWSWIRE) -- Mango Capital, Inc. (MCAP) today announces that the company is partnering with Land Ho, Inc. and AuctionZIP in auctioning off some of its properties in order to raise cash. “In accordance with previous public statements,” stated Mango President Rick Makoujy, “the company plans to distribute available cash generated to shareholders.”
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 improve and opportunistically sell properties for cash and/or notes.
For additional information about Mango, contact Jacqueline Palumbo, Communications Director, Mango Capital, Inc., at (845) 270-5792 or Rick@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.
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