FAR HILLS, N.J., Dec. 29, 2016 (GLOBE NEWSWIRE) -- Mango Capital, Inc. (OTC:MCAP) is preparing to close out 2016 just as promised. Consistent with the company’s previous statements, Mango Capital, Inc. is proud to announce its first cash dividend to shareholders since its reorganization. On January 17, 2017, a dividend of 0.0077 cents per share will be payable to each shareholder of record on January 3, 2017. According to the President of Mango Capital, Inc., Rick Makoujy, “We hope that this is the first of many dividends that illustrate how much we value and work for our shareholders.”
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 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.
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.