EX-3
from S-1
1 page
ML Capital Group, Inc. Statements of Cash Flow for the Five Months Ended May 31,201 1 and 2010 and From Date of Inception (September 17,2009) to May 31,201 1 (Unaudited) May 31, 2011 May 31, 2010 From Date of Inception (September 17, 2009) to Mav 31. 201 1 Net Income (Loss) Adjustments to Reconcile Net Income to Net Cash Provided by (Used By) Operating Activities: Officers' Compensation for Stock Stock for Outside Services Increase (Decrease) in Accounts Payable $ (14,884) 4,800 1,450 8,000 $ (718) - Net Cash Provided by (Used In) Operating Activities (634) (718) (1,352) Cash Flows From Investing Activities No Investing Activities Net Cash Provided by (Used In) Investing Activities - Cash Flows From Financing Activities Cash for Stock Stock Cancelled, Cash Returned Due to Stockholders 1,250 (1,000) 24 12,925 470 14,175 (1,000) 494 Net Cash Provided by (Used In) Financing Activities 274 13,395 13,669 Net Increase (Decrease) in Cash and Cash Equivalents (360) 12,677 12,317 Cash and Cash Equivalents at Beginning of Year 12,677 Cash and Cash Equivalents at End of Year $ 12,317 $ 12.677 $ 12,317 Supplemental and Non-Cash Information Cash Payments Interest Expense Income Taxes Non-Cash Items Officers' Compensation for Stock Outside Services for Stock Total Non-Cash Items the Accompanying Notes Are an Integral Part of These Unaudited Financial Statements
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