Mango Capital, Inc. Secures Ownership Interest in Significant Real Estate Project

Mango Capital, Inc. Secures Ownership Interest in Significant Real Estate
Project

FAR HILLS, N.J., May 02, 2017 (GLOBE NEWSWIRE) -- Mango Capital, Inc.
(OTC:MCAP) announces the acquisition of an ownership stake in Pretty Pond
Investors LLC. Consideration for the purchase consists exclusively of MCAP
shares. The investment is expected to yield a positive future income stream.

Pretty Pond Investors LLC is set to build an apartment complex in Zephyrhills,
Florida. Zoning has been approved and 168 units are expected to be built on
the ten acres. CBD Real Estate Investment LLC is the managing member of Pretty
Pond Investors LLC.

David Waronker, President of CBD Real Estate Investment LLC, stated,
“Nationally there has been an insatiable demand for quality rental housing and
Pretty Pond promises to bring much needed luxury and affordable housing to the
northern Tampa market.” He continued by saying, “With strong investors such as
Mango Capital partnering with our project, we expect Pretty Pond to be solidly
funded and will be a highly desired asset in the east Pasco County housing
market.”

“This transaction continues our business plan of growing via acquisition of
real property using restricted shares in Mango as currency. We have some
additional interesting opportunities in the pipeline as well, and are
aggressively seeking more purchases to grow our balance sheet and to take
Mango mainstream,” stated Mango President Rick Makoujy.

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 Colorado, Arizona, Texas, Arkansas 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 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 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.

Primary Logo
Press spacebar to pause and continue. Press esc to stop.