Decent income but still reporting all losses in 2012, 2013, 2014
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M Line Holdings, Inc. Closes the Acquisition of the Byran Company
Accesswire October 5, 2015 Documents Signed with an Effective Close Date of August 31, 2015
TUSTIN, CA / ACCESSWIRE / October 5, 2015 / M Line Holdings, Inc. (MLHC) ("M Line"), is pleased to announce that M Line has completed the acquisition of the Byran Company.
- Byran's current revenue exceeds $6 million per year and is generating over $600,000 net profit, (EBITDA $750,000). The liabilities of Byran are less than $60,000. The hidden benefits to this transaction are the wealth of programming data stored by Byran. With some 70 + CNC and screw machines, Byran has enormous growth potential. It is currently operating at approximately 40% of its capabilities.
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