ML Capital Group, Inc. (OTCPK:MLCG) signed a letter of intent to acquire Spanish Peaks Scrumpdelicacies on January 4, 2017. The transaction is expected to complete on February 22, 2017. ML Capital Group, Inc. (OTCPK:MLCG) and Puration, Inc. (OTCPK:PURA) cancelled the acquisition of Spanish Peaks Scrumpdelicacies on February 7, 2017. As of February 7, 2017, Puration, Inc. (OTCPK:PURA) announced reaching an agreement where both ML Capital Group and Puration, Inc. will contribute to an equity purchase of Spanish Peaks ScrumpDelicacies.