ML Capital Group Inc. (MLCG)

[PRmaniac]

Almost $2 million in convertible notes left. No revenue at all for the entire 2017 year.


At a 50% discount and $0.0001 share price, that means

(1,990,727 shares / 0.0001) / 0.50 = 3,981,454,000

They need almost 4 billion more shares just for the toxic financing.

They also have around $500K in accounts payable and another $1 million in long term liability.

Ouch, bankruptcy might be the choice next?