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| Green Baron Picks MLCG Up Another 24% |
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 Hot Stock to Watch |
Company: ML Capital Group Inc. (OTCQB: MLCG)
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Last:
Price: 0.041
Change (%): + 0.008 (24.24)
Volume: 923,891 |
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New Green Baron “Stock Pick”
Today, The Green Baron Report is initiating coverage of ML Capital Group, Inc. (OTCQB: MLCG) as a Green Baron “Stock Pick”, our strongest level of coverage and support. We urge members to consider accumulating the stock as close to our profile price as possible. Results compiled from the most recent trade prior to dissemination of this report to the subsequent high will be closely monitored at The Green Baron website and through email updates to members. We have very aggressive price projections for MLCG and believe the stock has huge upside potential based on numerous positive fundamental factors.
TRADER’S NOTES: Early this year, most stocks with any relationship whatsoever to the medical marijuana industry experienced triple and four digit rallies; gains so large that they were compared to those seen in the dot com bubble of the 1990’s. Due to the potential size of this virtually new industry and a favorable legislative climate in the United States, the valuation of some companies seemed warranted.
However, these gains attracted interest of the SEC to determine which companies truly had products and sales, what companies were operating legally, and if the companies were reporting financials. Some stocks related to the industry have been halted, delisted, or demoted to a lower exchange. These actions have clearly had a negative effect on all stocks in this industry.
MLCG is a fully reporting company that has revenue. The focus of the Company to sell products and services that does not include the growing, manufacture, or distribution of medical marijuana, cannabis, or cannabis by-products places it as one of the safest types of companies in the medical marijuana industry.
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