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It's hard to continue a scam the way Anish has when everybody sees his dirty laundry hanging from the flag pole. HAHAHAHA
Scraping off his shoes.
HAAHAHAHA Anish wouldn't keep upping the A/S by the billion if he wasn't going to dilute every single share and more. Simple common sense in Pinkyland. And as was noted last year, TCA was in total control of the dilution, demading the cash via conversions. And every share went straight into the O/S. Di-lu-tion City!!
Oh, and everyone's clear about Anish's being a convicted embezzler!!! Once a criminal, always a ........ LOL
TCA needs the filings to sell the next few billion shares they will convert from the $ 2.4 million they're owed. Anish and friends need volume to sell their hundreds of millions. If $350,000 converted to 670,000,000 shares, as per the K, $2.4 Mil will need about 5 billion shares. And if folks have wised up and fail to be suckered, TCA has leins on the whole enchelada. SPLAT HAHAHAHA
$MLHC Billions in annual share printing. BILLIONS more to come. As seen on Page 10 of the most recent report!!! LOL
More subsequent events. Good thing Malone Bailey is keeping Anish honest. LOL Must have made him grind his teeth!!
18. Subsequent Events
a. On July 1, 2014, the Company moved its corporate office and its precision manufacturing facility to our new facility at 2320 E Orangethorpe Avenue, Anaheim, CA 92806. The Company’s new lease is for a period from July 1, 2015 until August 31, 2024, The rent commenced at $23,353 per month and increases annually. The Company has an option for a ten year extension of the lease on final terms to be agreed.
b. On January 15 2015, the effective date, the Company entered into a settlement agreement with TCA. Under the terms of the agreement, TCA will receive $100,000 as soon as all the Company’s filings are current and will then receive $80,000 per month for 13 months and $60,000 in the 15th month. These payments may be accelerated at any time.
c. Since July 1, 2014 the Company has converted notes and unpaid interest totalling $306,977 to 668,818,367 common shares.
d. Since July 1, 2014 the Company has raised funds through a 10% convertible note for $330,000 of which $257,000 has been funded. The note is convertible at the lower of $0.001 or 50% of the lowest trading price of the Company’s common stock during the 20 consecutive trading days prior to the date of conversion.
e. In October 2014, M Line Holdings, Inc. formed a new wholly owned subsidiary, M Line Machinery Funding, Inc. This Company which has not traded to date, will be used for machinery finance and also for any other financial services provided by the Company to prospective customers. The name has been changed to M Line Financial Services, Inc.
f. On March 3, 2015, a total of 200,000,000 shares were issued to two officers in lieu of payroll
g. On October 14, 2014, the Company issued to one of its officers 10 million shares of its blank check preferred stock (designated as Series A Preferred Stock) which are non-convertible, zero dividend and zero interest and carry a voting power equivalent to 50% of the Company’s outstanding common and preferred stock.
Page 20 of the K and in selected other areas the auditors decided to add current information, information subsequent to the June 30, 2014 date of the K.
On February 23, 2015 a new settlement agreement was signed between the parties under which plaintiff agreed to accept two methods of repayment, the first being $1,200,000 paid over a fifteen month period commencing as soon as the Company was up to date with its filing... Company has provided for $2,330,452 in the financial statements that includes all interest and fees due to Plaintiff through June 30, 2014.
Global Vantage Ltd., a California Corporation vs Eran Engineering, Inc. Precision Aerospace and Technologies, Inc., M Line Holdings, Inc., Anthony Anish, Lawrence Consalvi and Kenneth Collini
Plaintiff filed this complaint on August 7, 2014 in Orange County, California.
The complaint alleges that defendants owe funds that are due for the lease of certain equipment or plaintiffs want repossession of the equipment.
The plaintiffs obtained judgment in February 2015 and the equipment has been returned to plaintiff. However Defendants are filing an appeal against this judgment.
Are you sure you want to read about the $2,000,000+ still owed to TCA Global? That the payments can be accelerated at TCA's whim? LOL Same problem that rocketed the OS from 200,000,000 to 1,200,000,000 and fast heading up another few billion!!! HAHAHAHA In March 2014 Barren and Anish scooped up 200,000,000 shares and used the last, humongous TCA dump to provide the volume needed to sell them according to the rules. They thank the OTC marks very much for the loot! Way too funny!!! Wash, rinse, repeat!!
Their own website says they're up to 1,200,000,000 and rising at 20,000,000 per week. Snap 'em up. Anish always has more shares ready to go out the door at the stroke of a pen! HAHAHAHAHA
Read it for yourself on page 10 of their latest Q. It's the most hilarious thing reported in a Q I've ever read. HAHAHAHA
http://www.sec.gov/Archives/edgar/data/1355732/000161577415001120/s101075_10q.htm
Naturally, there was never any business. The scam was placed in the backdrop of BORNEO!!! Hardly verifiable even if it were real!! HAHAHHAHA
In the fourth quarter of 2014, the Company stopped receiving any financial information or documentation with respect to the exploration activities at the Talawaan property and the Ratatotok property. Attempts to communicate with operational personnel were unsuccessful. The Company ceased to book revenue from these properties from October 1, 2014. Against the background of the above, Management deemed it prudent to make a 100% provision against the carrying value of both properties in 2014. As a result, the Company has incurred an impairment charge of approximately $7 million.
Getting ready for a big run to .001. Somebody has to buy the 20 million shares a week the embezzler is printing!! AAAHHHHHAHAHAHA!!!!
How could we forget the wonder-stoned idiot who paid big bucks for an awareness campaign for a weekly Friday night fish fry, 5 PM on scam internet "TV", thank you sooo much!!!!! HAHAHAHAHAHA
Scam Scam Scam Scam Scam Scam Scam!!! LOL
In the fourth quarter of 2014, the Company stopped receiving any financial information or documentation with respect to the exploration activities at the Talawaan property and the Ratatotok property. Attempts to communicate with operational personnel were unsuccessful. The Company ceased to book revenue from these properties from October 1, 2014. Against the background of the above, Management deemed it prudent to make a 100% provision against the carrying value of both properties in 2014. As a result, the Company has incurred an impairment charge of approximately $7 million.
Eddy's a well-spoken lazy idiot. His middle name is Delusional. Same old same old story that's almost 40 years old!!! HAHAHAHAHAA
The dog crap hit the fan HARD in Escondido!!!!!
HAHAHAHAHAHAHAHAHA
Looks like massive dilution, man.
Dilution, like dog waste, piles up!!! HAHAHA
I don't know about Mexicans, but the price per share is fast heading way South of the Border!! HAHAHAHAHA
Oh? You're pleased to see another 200 million shares shucked out in ten weeks? LOL Beyond laughable.
A real company? HAHAHAHA Anish was sent correspondence from the SEC back in the days when this POS was still reporting, asking about rent paid by another unaffiliated company occupying most of same space as M-Line. So, when this POS 'looked' like a real company to anyone physically present, further examination proved that not much of 'the company' was actually THIS company. HAHAHAHA Just another embezzler's trick!
Lots of 9s to eat up. Anish has plenty more on the stove for ya!!!
Hey, Chucky! Isn't this the funniest thing anyone has ever read in a quarterly report? HAHAHAHAA Suddenly there was no one home in Borneo!!!! AAAHHAHAHAHAHAHA
In the fourth quarter of 2014, the Company stopped receiving any financial information or documentation with respect to the exploration activities at the Talawaan property and the Ratatotok property. Attempts to communicate with operational personnel were unsuccessful. The Company ceased to book revenue from these properties from October 1, 2014. Against the background of the above, Management deemed it prudent to make a 100% provision against the carrying value of both properties in 2014. As a result, the Company has incurred an impairment charge of approximately $7 million.
$MLHC 10 Billion shares ready to hit. INCOMING!!! Take cover!!!! LOL
Yeah. Anish delays things with more delays. Works like a charm at delaying. LOL Oh, and then there's that little matter of having nothing left to report since Anish sold everything off except for a few junky POS items (kept for show) about a year ago! LOL
I'll call up the local prison warden and ask if any convicted embezzlers are getting out of the slammer so I can give them some money to invest for me. Then I'll see if I get any return or if I'll see the original investment ever again. That's about what happened here. LOL
Well, someone says they're buying every share they can get. If that isn't Downs, I don't know what's up.
LOL The next billion shares to dump will show how perfectly sarcasm turns into total hilarity. HAHAHAHA
If it looks like dilution -- guess what? It is dilution.
I doubt you'd like how any report might read. But fear not! Nothing will be reported ever again. HAHAHAHAHA
They're all about 10 thousand posts ago. Simply vanished once Eddy's perpetual lying left them broke. LOL
That liar opened his mouth again? LOL
Why wouldn't a company operated by a convicted embezzler be a scam? The felonious facts have been noted for ages!
Your losing streak is in full operation, as usual. HAHAHAHA
Yup. Regular dog walker's prices.
Someone hauled it away as charcoal briquettes for the weekend weenie roast.
The boat sank. LOL
Eddy's ready for the nursing home. No success whatsoever in the past 31 years, except for reselling his crackpot vision over and over to suckers. HAHAHHHAAHA
Wanna see ChuckD.dumb blow up in another scam he fell for? Go see BRNE. LOL