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NEWS -Oct. 08, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- M Line Holdings, Inc. (OTC PINK: MLHC) ("M Line" or the "Company"), a holding Company with subsidiaries involved in the Beverage Branding and Distribution industry as well as the Food and Beverage distribution business is excited to announce that it has signed a binding Letter of Intent to acquire American Asset Holdings, Inc. ("AAH"), M Line's first acquisition in the Cannabis field. We expect to close within the next seven days.
AAH repurposes steel shipping containers into self-contained, insulated, bug-free, pesticide-free, heated, cooled, LED or high heat lighted, growing facilities that can be managed from a computer or cell phone. The pod technology includes equipment to extract water from the outside air and power is produced from a combination of solar and wind power taking the pods totally "off the grid".
The purchase price for 60% of AAH is $500,000. M Line is issuing 1000 preferred shares, convertible to 50,000,000 common shares based on a current value of $0.01 per share. These preferred shares cannot be converted for one year.
Tony Anish, CEO of M Line, stated: "We are thrilled to take our first step into the Cannabis Industry. The future prospects for American Asset Holdings are impressive, not just in the Cannabis field, but the C-pods can also be used for growing fresh vegetables, a tremendous benefit because the pods are "off the grid" and can be placed almost anywhere. The savings from the use of solar and wind power helps to improve profitability for Cannabis growers and vegetable growers, particularly in weather-challenged areas. Stay tuned for more information and forecasts after we close."
Thin road to .01+ $$$
HUGE volume so far $MLHC
Wants to break through the 0018's, holding strong the whole way UP $$$
M Line Holdings tweet today states they will become current very shortly with OTC markets
"MLHC will file financials and attorney letter for June 30, 2018 very shortly and become current with OTC Markets. Stay tuned for Corporate Developments soon."
About to hit .002 here! $$$
Should easily go 00's today $MLHC
imo
Trip's about to be history $$$$
7's about to go down $$$
Boom!$ "orders from US distributors and smaller chains have already been received"
$MLHC about to head North fast $$$
Even Bigger volume day today imo $$$
WOW 0004's going quick!
$MLHC
Bid growing $ out of the trips soon!
$MLHC
$ Bid growing quickly
$MLHC
Thin to 00's $$$ Great volume!
$MINE is done, so I'll add some 0001's!
$$$
NEWS - $MINE run coming
Minerco, Inc. Provides Update on Acquisition of Priwen Systems Inc.
April 19, 2018/0 Comments/in Uncategorized /by minerco
Minerco, Inc. Provides Update on Acquisition of Priwen Systems Inc.
April 20, 2018
The management of Minerco, Inc. (OTC:MINE) and Priwen Systems Inc. update shareholders on the status of the acquisition of Priwen Systems Inc. The parties are increasing the scope, completing in depth due diligence and modifying the terms of the Memorandum of Understanding reached last month contemplating the acquisition of Priwen, an innovative leader in the cryptocurrency space. The parties expect to formally announce the definitive acquisition agreement next week.
Minerco and Priwen are aggressively moving to close this acquisition in a timely yet responsible manner. Both parties are excited for Minerco’s and Priwen’s collective future. The relationship built over the past few weeks, while negotiating and cooperating to complete this acquisition, has proven to be mutually beneficial and harmonious.
Holding bags of $ in the bank after $MINE runs north! lol
Always does here $$$$
IMO
$MINE load 0002's before the run $$$
Scams and horrible CEO's = big $ in the pinks = buy the fear
IMO
I like scam pinks, they make me money $$$$
MINE always has runs and will again soon. 0002 pps is entry level here IMO
$MINE
$MINE about to head North $$$$
This ticker runs despite what I think about the company, that's what's great about pinks
Loading time $$$ $MINE
Accumulating more today $MINE
Bid still bigger than ask $MINE
I like seeing PUMA sitting at $1.00... run coming soon
imo
$MINE
Nice accumulation today! $MINE
$MINE about to head North!
Will add alot more today $MINE
0003's are the bottom here, can't be taken lower no matter how many 2's get dumped...
$MINE
PUMA sitting at $1.00
$MINE
#8 Most Read Boards $MINE
Huge bid and nice volume today $MINE
$MINE is BIG on the Buzz Cloud today $$$
0004's gone soon, nice volume so far $MINE
Nice accumulation today! News Monday?
$MINE
Not moving with the ask blockage at 0003...
Wrong'o, L2 showing HUGE bids at 0001, so I would say 0001x0002 is where it will start moving again
trading 101
Huge bid growing $MINE