Mango Capital, Inc. Announces Cash Dividend

Mango Capital, Inc. Announces Cash Dividend

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

Please visit our website

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.

Company Investor Relations
Stuart T. Smith

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