FAR HILLS, N.J., March 26, 2018 (GLOBE NEWSWIRE) -- Mango Capital, Inc. (OTC:MCAP) today announces the execution of agreements to purchase an additional 297 properties, once again diversifying its land holdings and further growing Mango’s balance sheet and real estate portfolio. Consideration for the purchases consists exclusively of MCAP shares.
"We continue to execute our plan to build Mango's balance sheet with the addition of high quality real estate," stated President Rick Makoujy. "It is our view that one may add land as an asset class to one's long term investment portfolio simply through the purchase of MCAP stock.”
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 announced the acquisition of more than 900 real estate properties in Colorado, Arkansas, Arizona, Texas and New Mexico. With a motivated team, Mango will seize the opportunity to efficiently grow Mango into a major domestic land owner. Mango plans to continue 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 Amanda Kosowski, Public Relations, Mango Capital, Inc., at (845) 270-5792.
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.
Source:Mango Capital, Inc.