This press release contains forward-looking statements that are based on Silverback's management's beliefs and assumptions and on information currently available to management. More information is available at and Statements: Silverback and its subsidiaries are uniquely positioned to dominate the industry. As the market continues to evolve, there will be unprecedented opportunities to create significant amounts of high-margin, recurring revenue streams that will result in margin expansion and higher profitability across the economy. This new asset class will have a global impact on balance sheets and income statements in the near term and usher in new financial options, leveraging the value of data and increasing overall corporate valuations. (OTC:MLCG) is the leader in the rapidly emerging industry of unlocking and activating the inherent value in treating data as an asset. Silverback and its subsidiaries are uniquely positioned to dominate the industry." The new data-backed asset class will usher in new financial tools and options for companies, such as borrowing against data to increase overall corporate valuations and the evolution of significant amounts of high margin, recurring revenue streams across the global economy. We are at the forefront of an emerging global asset class, and we have the team, expertise and technology to deliver unparalleled financial results. We are partnering with companies ranging from Fortune 500 companies to data-rich startups to help them unlock the enormous value of their data to positively impact their balance sheet and income statement. "We believe our proprietary technology, management team, first to market status, and deal and development pipeline positions us to take the lead in creating significant data-backed asset value and generating recurring revenue through data monetization. "We are excited to complete this merger and become a publicly traded company as we begin to execute on our strategic plan to be the dominant player in the data valuation and monetization marketplace," said Ron Bienvenu, CEO of RBEL and the author of "The Fourth Shock", published in 2009 as one of the first books to explore the asset value potential of data in depth. All necessary action is being taken to bring Silverback current in its filings with OTC Markets.The current directors and officers of Silverback will remain in place only until new management is appointed, which is anticipated to occur within the next few weeks.RBEL is a wholly-owned subsidiary of Silverback.The former stockholders of RBEL hold approximately 51.5% of the outstanding shares of common stock of the combined company.There are -0- convertible notes of Silverback outstanding.There are -0- shares of Silverback preferred stock issued and outstanding.There are approximately 311,615,039 shares of Silverback common stock issued and outstanding.Immediately following the completion of the merger: The merger also resulted in the conversion of all outstanding (i) Silverback convertible debt into Silverback common stock and, (ii) shares of Series B preferred stock into Silverback common stock. Pursuant to the merger, all of RBEL's outstanding shares of common stock and securities convertible into or exercisable for RBEL's common stock were converted into Silverback common stock. In the interim, Silverback will continue to trade under its current ticker symbol, MLCG. Both changes will be effective only upon FINRA approval. The Company also applied to change its ticker symbol to "AGBK". ("Silverback"), and has applied to FINRA to reflect the name change. The combined publicly traded company has changed its name to Silverback United, Inc. ("RBEL"), a leader in the rapidly emerging industry of utilizing data as asset that can be valued and monetized, announced today the completion of its reverse merger with ML Capital Group, Inc. 02, 2022 (GLOBE NEWSWIRE) - RBEL ENTERTAINMENT, INC.
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