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You mean MLHC UP 400-450% AND HOLDING...ORGANICALLY THIS YEAR! Great job MLHC RECOVERY TEAM! AIMHO GLTA
MLHC IS NOT diluting! Check the transparency on the website! (8 AIMHO GLTA
Remember....at a penny traders will sell 100,000 shares for the same amount of revenue as a 1,000,000 today! (; as tight at traders are holding...those days are coming! ORGANICALLY! (8 AIMHO GLTA
Roughly 7 million...."heavy" would be proportionate to volume...looking forward to the 15th! AIMHO GLTA
The HEAVY ASK HAS NOT CREATED A GOOD LOADING ZONE....LET HER FLY like a "SPOTTED A$$ APE"! (For those that are old enough to know what one is....(;.)....lol....LET HER OUT OF THE CORRAL! AIMHO GLTA
30) NOTE: the date...STILL IN EFFECT AND NON-DILUTIVE
March 26, 2014 08:35 ET | Source: M Line Holdings, Inc.
TUSTIN, Calif., March 26, 2014 (GLOBE NEWSWIRE) -- M Line Holdings, Inc. (OTCQB:MLHC) ("M Line" or the "Company"), a leading provider of products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as a seller of high end pre-owned Japanese Computer Numerically Controlled ("CNC") Equipment, announced today it has signed two investment banking agreements with a leading New York-based investment banking firm to assist in acquisition financing and public offering.
The investment banking firm, founded in 1925, is one of the oldest in the United States, a member of the New York Stock Exchange and a full-service broker-dealer employing over 500 people. The firm manages two Morningstar-rated mutual funds, with five offices throughout the country, over 70 retail brokers, over 10 research analysts and a pair of institutional desks trading for 800 institutional clients throughout the world.
Under the first Agreement, the Company has retained the investment banking firm as its exclusive placement agent and financial advisor in connection with acquisition financing of up to $30,000,000 in debt. The Company must meet various terms and conditions, which it believes are reasonable and attainable in due course of business of this type.
The second Agreement is a $30,000,000 firm commitment underwritten public offering on a major exchange (AMEX or NASDAQ) represented by the investment banking firm. The planned public offering is subject to the Company's successful auditing and acquisition of its current target businesses.
In a joint statement, Bruce Barren, CEO and Tony Anish, COO, stated, "We are very pleased to establish this relationship with such a prestigious New York Stock Exchange member firm, which confirms and validates our Business Plan. We expect the assistance of this well established investment banker to accelerate our growth strategy through acquisitions and with their assistance, move to NASDAQ or AMEX. We have launched an aggressive acquisition program, including 6 defined prospective candidates, with our internal due diligence completed on some and beginning on several new acquisition targets. Our management believes we can satisfy the conditions in both investment banking agreements and continue our new journey as a Public Holding Company. The utilization of this financing will allow us to save considerable dilution without giving up control and concurrently build increased Shareholder Value."
About M Line Holdings, Inc.
M Line Holdings, Inc. (OTCQB:MLHC). M Line provides products and services to the precision high tech segment of both the aerospace and medical industries as well as selling high end pre-owned Japanese Computer Numerically Controlled ("CNC") Equipment. Key customers of our group include Panasonic Avionics, UTC Aerospace Systems, Beckman Coulter and BE Aerospace as well as our new relationship with SIE (Structural Integrity Engineering, Inc.). The Company is headquartered in Tustin, California. For more information see our website at http://www.mlineholdings.com/
COMMUNICATION:
Please send us your E mail address by communicating with shareholder@mlineholdings.com to receive press and other releases directly to your E mail address.
Safe Harbor and Informational Statement
This press release may contain forward-looking information within the meaning of Section 21E of the Security Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statement of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial conditions or results of operations; (iii): the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends.
The words "may", "would", "will", "expect", "estimate", "anticipate", "believe", "intend", and similar expressions and variations thereof are intend to identify forward-looking statements. Investors are cautioned that any such forward-looking statement are not a guarantee of future of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those pro
KEEEEEERPOWIE TO THE MLHC11's! Kicked EM in the ankle now let's kickem in them the KNEE! Lol
Here goes another MLHC SLAP......WAIT FOR IT...WAIT FOR IT........ALMOST THERE.....WHATS TAKEN SOOOOOOO LONG.....?
I second that! MLHC EXPRESS....NOW BOARDING! Get your ticket NOW! MLHC HEADED TO SILVERVILLE WITH A STOP IN PENNYLAND!!!!!!!!!!!! Lol....I BELEIVE there are approx 172 shareholders of record....if 100 SLAP THE ASK FOR 150,000 shares...bet we'd see .0015! Lol AIMHO GLTA.
The information in your post is TWISTED, INNACURATE, AND MANIPULATED! We all know there was a delay and NOW A CLOSING DATE WITH NO DILUTION OR TOXIC MARKET MAKERS IN SIX MONTHS....WITH.....ORGANIC GROWTH IN PPS........ABL FINANCING! Great job MLHC RECOVERY TEAM! NOT SKKEEEEERING SHARES OUT OF HANDS CHEAP AT MLHC! AIMHO GLTA
Yup! Bid at 9 building ASK so thin you can almost see through it ! As the ASK thins....UP WE GO! AIMHO GLTA
Gooood MOOOOOOOOORNING MLHC! Holding tight and watching the flight!!!!!!!
Of course, I'll be happy to ask! Great question! MLHC looking good! AIMHO GLTA
Your absolutely CORRECT, THANK YOU FOR THE REMINDER AND WISDOM! (; it truly is NICE to see the companies actions in alignment with their words! MLHC !!!! AIMHO GLTA
Yup! Many days of HOLDING! .....and an AQUISITION CLOSING ON THE NEAR HORIZEN! Not sure many shares will go much cheaper! Only time will tell! Almost time for "HAPPY HOUR!" Uhhhhmmmm errrrr uhhhhhh I mean "POWER HOUR!" .....lol.....
Ok ok...I call BS ON THAT INFORMATION....ASSET BASED LENDING, NO DILUTION IN SIX MONTHS AND CLEARLY NONE TODAY! Great job keeping your "WORD". MLHC RECOVERY TEAM!!!!!!! WOOOHOOOOO GOLDEN CROSS THEN BLUE SKIES COMIN! on the way to silver with one stop in PENNYLAND!!!!!!!
Great post BEAR! Thank you for sharing your MLHC DD! Great work! (8 MLHC
30) past summaries (8 MLHC News $MLHC
M Line Holdings, Inc. Finalizes Conclusionary Agreement With Its Primary Lender, Opening the Way for Refinancing to Meet Increased Revenue and Working Capital Demands Plus Saving $250,000 in Financing Costs
Marketwire - Mon Sep 15, 7:31AM CDT
M Line Holdings, Inc. (PINKSHEETS: MLHC) ("M Line" or the "Company", is a leading provider of Products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as selling high end pre-owned Japanese Computer Numerically Controlled ("CNC" Machine Tool Equipment with key customers that include Panasonic Avionics, UTC Aerospace Systems, Beckman Coulter, BE Aerospace and a strategic alliance with Structural Integrity Engineering. M Line is pleased to announce that it has agreed to a repayment plan with its primary lender that now enables the Company to finalize refinancing programs with new lenders at much lower rates. The savings will be approximately $250,000 per annum.
M Line Holdings, Inc. Signs Definitive Agreement for Acquisition
Marketwire - Tue Sep 09, 7:30AM CDT
M Line Holdings, Inc. (PINKSHEETS: MLHC) ("M Line" or the "Company" is a leading provider of Products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as selling high end pre-owned Japanese Computer Numerically Controlled ("CNC" Machine Tool Equipment with key customers that include Panasonic Avionics, UTC Aerospace Systems, Beckman Coulter, BE Aerospace and a strategic alliance with Structural Integrity Engineering. M Line has today confirmed that it has signed its first definitive agreement for the acquisition of BlueStar Machinery, Inc. ("BlueStar", a distributor of pre-owned CNC equipment based in Johnsburg, IL with a satellite facility in Colorado. This acquisition gives our group a Midwest presence and enhances E.M. Tool Company's business as machinery purchased can be refurbished in the Midwest. This will save considerable freight charges that are incurred for shipping our machinery from the East Coast or Midwest to Southern California and will also save BlueStar freight charges shipping equipment from the West Coast to Illinois. BlueStar brings over 80 years of experience in the used machine tool industry along with numerous contacts throughout both the new and used machine tool industry.
M Line Holdings, Inc. Completes Move to its New Facility and Headquarters
GlobeNewswire - Mon Aug 18, 7:40AM CDT
via PRWEB - M Line Holdings, Inc. (OTC PINK: MLHC; "M Line" or the "Company", is a leading provider of products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as selling high-end, pre-owned Japanese Computer Numerically Controlled ("CNC" Machine Tool Equipment, with key customers that include Panasonic Avionics, UTC Aerospace Systems, Beckman Coulter, BE Aerospace, and a strategic alliance with Structural Integrity Engineering, today confirmed that it has completed its move to its new premises in Anaheim. Although the set-up of the facility took longer than expected, the Company will be back to full production by the end of next week and hopes to post pictures of the new facility on their website very shortly.
M Line Holdings, Inc. Anticipates Forecast to Become Reality
GlobeNewswire - Tue Jun 24, 7:35AM CDT
M Line Holdings, Inc. (OTCQB:MLHC) ("M Line" or the "Company", is a leading provider of products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as selling high end pre-owned Japanese Computer Numerically Controlled ("CNC" Machine Tool Equipment, with key customers that include Panasonic Avionics, UTC Aerospace Systems, Beckman Coulter, BE Aerospace, and a strategic alliance with Structural Integrity Engineering, today provided an update on the company's activities.
M Line Holdings, Inc. Preliminary Revenues for Nine Months Ended March 31, 2014 Surpass Revenues for Comparable Fiscal 2013
GlobeNewswire - Tue Apr 01, 8:25AM CDT
M Line Holdings, Inc. (OTCQB:MLHC) ("M Line" or the "Company", a leading provider of products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as a seller of high end pre-owned Japanese Computer Numerically Controlled ("CNC" Equipment, announced today that its preliminary revenues for the nine months ended March 31, 2014 continued to grow and it along with profits will surpass the comparable Fiscal 2013 period.
M Line Holdings, Inc. Starts Negotiations With Three Prospective Acquisition Targets in the Aerospace Industry With Combined Revenues of Over $60,000,000
GlobeNewswire - Thu Mar 27, 7:35AM CDT
M Line Holdings, Inc. (OTCQB:MLHC) ("M Line" or the "Company", a leading provider of products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as a seller of high end pre-owned Japanese Computer Numerically Controlled ("CNC" Equipment, announced today that following the confirmation yesterday of the firm commitment for $30,000,000 funding, M Line has chosen three of the six prospective acquisition targets to focus on. These acquisition targets are located in Southern California, the largest of which has revenues in excess of $35,000,000. The revenues for these three prospective acquisitions would exceed $60,000,000 with over $12,000,000 in EBITDA.
M Line Holdings, Inc. Starts Negotiations with Three Prospective Acquisition Targets in the Aerospace Industry with Combined Revenues of over $60,000,000
Newsfile Corp - Thu Mar 27, 7:31AM CDT
full story)
M Line Holdings, Inc. Announces $30,000,000 Investment Banking Agreements
GlobeNewswire - Wed Mar 26, 7:46AM CDT
M Line Holdings, Inc. (OTCQB:MLHC) ("M Line" or the "Company", a leading provider of products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as a seller of high end pre-owned Japanese Computer Numerically Controlled ("CNC" Equipment, announced today it has signed two investment banking agreements with a leading New York-based investment banking firm to assist in acquisition financing and public offering.
M Line Holdings, Inc. Extends Its Business Capabilities by Obtaining AS 9100 Approval for Manufacturing and Design
GlobeNewswire - Tue Mar 18, 7:43AM CDT
M Line Holdings, Inc. (OTCQB:MLHC) ("M Line" or the "Company", a leading provider of products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as a seller of high end pre-owned Japanese Computer Numerically Controlled ("CNC" Equipment, today confirmed that it has reached a significant milestone by eliminating its reliance on one customer.
M Line Holdings, Inc. Pursues and Reactivates Another Fortune 500 Customer, Further Increasing Its Core Customer Base
GlobeNewswire - Tue Mar 11, 7:32AM CDT
M Line Holdings, Inc. (OTCQB:MLHC) ("M Line" or the "Company", a leading provider of products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as a seller of high end pre-owned Japanese Computer Numerically Controlled ("CNC" Equipment, today announced that the Company successfully pursued and reactivated new orders from one of its largest former customers.
M Line Holdings, Inc. -- Aerospace and Defense Industry Outlook: Excellent in the Short and Long Term
GlobeNewswire - Tue Mar 04, 7:33AM CST
M Line Holdings, Inc. (OTCQB:MLHC) ("M Line" or the "Company", a leading provider of products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as a seller of high end pre-owned Japanese Computer Numerically Controlled ("CNC" Equipment, today shared positive research outlooks on its core industry - aerospace and defense.
M Line Holdings, Inc.'s Machine Tool Division Completes a 50% Expansion of Its Location
GlobeNewswire - Tue Feb 25, 9:25AM CST
M Line Holdings, Inc. (OTCQB:MLHC) ("M Line" or the "Company", a leading provider of products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as a seller of high end pre-owned Japanese Computer Numerically Controlled ("CNC" Equipment, today announced that the Company completed the construction of a new addition to its Elite Machine Tool division's current space needed to meet its increased demand. The addition increased its current space by over 7,000 square feet to over 21,000 square feet.
M Line Holdings, Inc. Issues First Shareholder Letter as Promised
PR Newswire - Thu Feb 20, 7:30AM CST
M Line Holdings, Inc. (OTCQB: MLHC) ("M Line", a provider of products and services to the precision high tech segment of both the aerospace and medical industries as well as seller of high end pre-owned Japanese Computer Numerically Controlled ("CNC" Equipment, today issued an update to shareholders from CEO Bruce Barren and COO Tony Anish discussing its activities since July 2013 and covering the first seven months of Fiscal 2014.
M Line CEO to be Interviewed on VoiceAmerica's Popular Live Internet Talk Show "Magnet Investing" Hosted by Jordan Kimmel
PR Newswire - Wed Feb 19, 12:10PM CST
M Line Holdings, Inc. (OTCQB: MLHC) ("M Line" or the "Company", a leading provider of products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as a seller of high end pre-owned Japanese Computer Numerically Controlled ("CNC" Equipment, today is excited to announce that M Line's Chief Executive Officer, Bruce Barren, will be featured on and interviewed on VoiceAmerica's popular live internet talk show "Magnet Investing" hosted by Jordan Kimmel tomorrow at 11:15am EST (8:15am PST). Topics of discussion will include the Company's 2014 strategic objectives, its recent financial turn-around and growth thus far in and anticipated throughout the remainder of 2014.
M Line Holdings, Inc. Strengthens Customer Base, Profit Forecast Looking Better and Better
GlobeNewswire - Tue Feb 18, 7:35AM CST
M Line Holdings, Inc. (OTCQB:MLHC) ("M Line" or the "Company", a leading provider of products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as a seller of high end pre-owned Japanese Computer Numerically Controlled ("CNC" Equipment, today announced that it has added four new and two old reactivated significant customers.
M Line Holdings, Inc. Announces Revenue Increase of 36% and Profits of $374,932 for Second Quarter of 2014, Exceeds Preliminary Estimates by 23%
GlobeNewswire - Thu Feb 13, 7:35AM CST
M Line Holdings, Inc. (OTCQB:MLHC) ("M Line" or the "Company", a leading provider of products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as a seller of high end pre-owned Japanese Computer Numerically Controlled ("CNC" Equipment, today announced its results for its second quarter and six months ended December 31, 2013.
HUGE potential here, NICE!
Tony and Bruce earned my TRUST this year, having ADMITTED "extremely difficult".....has earned even more RESPECT and LOYALTY! Takes a TRUE MAN to admit that the past was challenging! GREAT JOB MLHC RECOVERY TEAM!!!!! AIMHO GLTA
M Line Signs Final Agreements with Its First Acquisition, BlueStar Machinery, Inc.
Closing Date Set for May 15, 2015
ANAHEIM, CA / ACCESSWIRE / April 22, 2015 / M Line Holdings, Inc. (PINKSHEETS:MLHC "M Line" or the "Company"), is pleased to announce that it has completed another step in our 12 step re-organization plan that was announced in March.
This first acquisition involves the purchase of 100% of BlueStar Machinery, Inc. ("BlueStar") which will have the effect of an increase in excess of $8 million in annual revenues and approximately $750,000 EBITDA. It will further cause some $800,000 in additional savings at our Elite division by certain employee reductions and intended consolidation of facilities.
The purchase price for BlueStar is 3,300,000 shares at a value of 10 cents per share plus we will be refinancing its operating assets and providing new financing for the purchase of additional inventory of CNC machinery.
Bruce Barren, CEO of M Line, commented, "We are pleased to announce that Sean Johnson will become the President of our Elite division as well as continuing as President of BlueStar. This is just another step in the implementation of our 12 step program to enhance shareholder value."
Adding to the above, Tony Anish, COO of M Line, further stated, "We have made considerable progress in the audit of our June 10-K and are also working on completing all three outstanding 10-Q's so that the Company can, as soon as possible, become current in its filings and fully reporting again."
Bruce and Tony further commented that, "The recovery plan to date has been extremely difficult and has taken longer than expected, but we now feel that the hard work over the last year or so has begun to pay-off and the improvements are now back on target. We should be able to show the impact of the hard work by all our team and attain increased shareholder value in the near future."
About M Line Holdings, Inc.:
M Line Holdings, Inc. (OTC Pink: MLHC "M Line" or the "Company"), is a leading provider of Products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as selling high end pre-owned Japanese Computer Numerically Controlled ("CNC") Machine Tool Equipment with key customers that include Panasonic Avionics, UTC Aerospace Systems, Beckman Coulter, BE Aerospace and a strategic alliance with Structural Integrity Engineering.
For more information on M Line see our web site at www.mlineholdings.com.
Safe Harbor and Informational Statement
This press release may contain forward-looking information within the meaning of Section 21E of the Security Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statement of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial conditions or results of operations; (iii): the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends.
The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intend to identify forward-looking statements. Investors are cautioned that any such forward-looking statement are not a guarantee of future of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking.
For More Information:
Contact:
Tony Anish
tony@mlineholdings.com
SOURCE: M Line Holdings, Inc.
© © 1998 - 2015 Baystreet.ca Media Corp. All rights reserved.
Is that why we are up 400% for the year! MLHC RECOVERY TEAM doing a great job!
STILL NOT SKEERING SHARES OUT OF MY HAND CHEAP!!!!!! MLHC ROCK ON! Weeeeee Wooohooo YEEEEEHAAAAAWWW! Nice update and keeping shareholders informed! STILL NO DILUTION!!!!!!!! AIMHO GLTA
29) PLEASE NOTE THE DATE.....TUSTIN, Calif., March 26, 2014 (GLOBE NEWSWIRE) -- M Line Holdings, Inc. (OTCQB:MLHC) ("M Line" or the "Company"), a leading provider of products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as a seller of high end pre-owned Japanese Computer Numerically Controlled ("CNC") Equipment, announced today it has signed two investment banking agreements with a leading New York-based investment banking firm to assist in acquisition financing and public offering.
The investment banking firm, founded in 1925, is one of the oldest in the United States, a member of the New York Stock Exchange and a full-service broker-dealer employing over 500 people. The firm manages two Morningstar-rated mutual funds, with five offices throughout the country, over 70 retail brokers, over 10 research analysts and a pair of institutional desks trading for 800 institutional clients throughout the world.
Under the first Agreement, the Company has retained the investment banking firm as its exclusive placement agent and financial advisor in connection with acquisition financing of up to $30,000,000 in debt. The Company must meet various terms and conditions, which it believes are reasonable and attainable in due course of business of this type.
The second Agreement is a $30,000,000 firm commitment underwritten public offering on a major exchange (AMEX or NASDAQ) represented by the investment banking firm. The planned public offering is subject to the Company's successful auditing and acquisition of its current target businesses.
In a joint statement, Bruce Barren, CEO and Tony Anish, COO, stated, "We are very pleased to establish this relationship with such a prestigious New York Stock Exchange member firm, which confirms and validates our Business Plan. We expect the assistance of this well established investment banker to accelerate our growth strategy through acquisitions and with their assistance, move to NASDAQ or AMEX. We have launched an aggressive acquisition program, including 6 defined prospective candidates, with our internal due diligence completed on some and beginning on several new acquisition targets. Our management believes we can satisfy the conditions in both investment banking agreements and continue our new journey as a Public Holding Company. The utilization of this financing will allow us to save considerable dilution without giving up control and concurrently build increased Shareholder Value."
About M Line Holdings, Inc.
M Line Holdings, Inc. (OTCQB:MLHC). M Line provides products and services to the precision high tech segment of both the aerospace and medical industries as well as selling high end pre-owned Japanese Computer Numerically Controlled ("CNC") Equipment. Key customers of our group include Panasonic Avionics, UTC Aerospace Systems, Beckman Coulter and BE Aerospace as well as our new relationship with SIE (Structural Integrity Engineering, Inc.). The Company is headquartered in Tustin, California. For more information see our website at http://www.mlineholdings.com/
COMMUNICATION:
Please send us your E mail address by communicating with shareholder@mlineholdings.com to receive press and other releases directly to your E mail address.
Safe Harbor and Informational Statement
This press release may contain forward-looking information within the meaning of Section 21E of the Security Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statement of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial conditions or results of operations; (iii): the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends.
The words "may", "would", "will", "expect", "estimate", "anticipate", "believe", "intend", and similar expressions and variations thereof are intend to identify forward-looking statements. Investors are cautioned that any such forward-looking statement are not a guarantee of future of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the company's statements and reports filed with the OTC Markets. The Company claims the safe harbor provided by Section 21E(c) of the Exchange Act for all forward-looking statements.
- See more at: http://globenewswire.com/news-release/2014/03/26/621494/10074075/en/M-Line-Holdings-Inc-Announces-30-000-000-Investment-Banking-Agreements.html#sthash.naWhrt6e.dpuf
Your very welcome! (8 thank you for the follow Mark... I will give you one also, EOM....MLHC seems to be laying groundwork or the foundation...with a similar concept to BERSHIRE HASHAWAY! it will be great to see the first AQUISITION this year WITHOUT toxic financing.....as the AQUISITIONS COME IN THEY OPEN THEMSELVES UP TO LARGER AQUISITIONS.....AIMHO GLTA
28) Sales in the nine month period ended March 31, 2014 increased 25.39% compared to the nine month period ended March 31, 2013.
The change is attributable to an increase in sales in the Machine Sales Group. Sales increased by 48.73% in the Machine Sales Group and decreased by 6.47% in the Precision Manufacturing Group.
Our Machine Sales Group primarily sells pre-owned CNC machinery manufactured by Mori Seiki. The average sale price of the machinery changes based on the equipment that is available to purchase in the market place and the prevailing market conditions that affect the price that equipment can be sold for. The average sale price of the 105 pieces of equipment sold in the nine months ended March 31, 2014 was $51,373 compared to the comparable period in fiscal 2013 of 58 pieces of equipment sold at an average sale price of $62,347. In addition, service work for the nine months ended March 31, 2014 was $232,709 compared to the comparable period in fiscal 2013 of $48,131.
Market conditions reflect not only the price that equipment can be purchased for but also the price at which that equipment may be sold. During good economic times when the business climate is improving, particularly in areas such as aerospace, the demand for equipment can result in a change in the purchase price. However, the need for that equipment by customers is generally reflected in the sale price. Therefore, as a general rule margins are reasonably consistent even though average sale prices may change. As a result, we do not expect future results to be materially impacted by these conditions.
The decrease in sales in the Precision Manufacturing Group is the result of a net decrease of $184,545 in sales of precision metal component parts from Goodrich Aerostructures in the nine months ended March 31, 2014.
Gross Margin
Gross profit increased by 73.66% in fiscal period ended March 31, 2014 compared to the comparable period in fiscal 2013. The gross profit for the Machine Sales Group increased by 107.54% due to an increase in the volume of machines sold during this nine month period. The increase within the Precision Manufacturing Group of 45.46% resulted from lower costs of goods sold as a result of an improvement in work flow in the scheduling of work in the factory. Management had recognized this weakness previously and has corrected it, thereby achieving greater productivity in the production area.
Selling, General & Administrative
Selling, general and administrative costs decreased by $836,218 to $1,875,106 for the nine month period ended March 31, 2014 compared to $2,711,324 for the nine months ended March 31, 2013. The change is primarily due to the write back of the overprovision for rent expense and a reduction of legal and professional expenses due to lower costs for investor relations and financing costs.
I'm DIGGING! DIG DUG DIG DUG!!!!!!! LOL.....MLHC REALLY has an ALL STAR TEAM! I APPRECIATE the steady, ORGANIC, and SOLID GROWTH HERE! MLHC AIMHO GLTA
Your welcome! I don't remember seeing the MLHC update back then...either....good question...I'll dig around and see if I can find out! Let's goooo MLHC! AIMHO GLTA
27) Repost-(27) Please note date is 2014....still a GREAT HIRE FOR THE MLHC RECOVERY TEAM!---(8 (OOHH-thank you for pointing out possible confusion)....please note when I post something CURRENT....THERE WILL USUALLY BE AN EXCLAMATION OF EXCITEMENT NOT JUST A NUMBER! ( ie. Wooohooo, a Texas YEEHAW, A WEEEE, OR SOMETHING SHOWING POSITIVE EMOTION!). GLTA
TUSTIN, Calif., April 21, 2014 (GLOBE NEWSWIRE) -- M Line Holdings, Inc. (OTCQB:MLHC) ("M Line" or the "Company"), a leading provider of products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as a seller of high end pre-owned Japanese Computer Numerically Controlled ("CNC") Equipment, announced the appointment of Dr. Percy Cerff to the Board of Directors of M Line. The Board now consists of five people, George Colin, Chairman; Bruce Barren, CEO; Tony Anish, COO; Jitu Banker, CFO and Percy Cerff.
Dr. Cerff is a licensed attorney and speaks 8 languages, including Russian and Chinese. Dr. Cerff has had a presence in China since the early 1970s. In 1994 Dr. Cerff, who then headed Cerff Industries, an aerospace parts manufacturer in China, was recognized by Deng Xiaoping for his work in turning around numerous Chinese Government companies to productivity.
Dr. Cerff has been involved in numerous business turnarounds during a considerable part of his professional career, representing more than 100 companies. In addition, he was instrumental in setting up the Ex-Stock Market in Leningrad in the 1990's. He also holds many awards from different countries. In his past business activities, in the 1980's, he worked with Ex-Soviet Union President, Mr. Sergeyevich Gorbachev, to organize the communal arrangements for the under privileged, plus he continued this program in the 1990's with Boris Yeltsin.
Dr. Cerff's innovations were put to the test with President Vladimir Putin's Government. During Russia's Micro-Economic Management period his work with Mr. Putin's government helped people to be productive in the factories. He was instrumental in increasing the average salary in St. Petersburg from about $75 to $600 per month.
In addition, during his distinguished career, Dr. Cerff has been associated with the United Nations where he holds a Diplomatic status passport.
Today, Dr.Cerff constantly travels around the world advising Governments, Institutions, participating in conferences, and holding seminars in business, banking and turnaround company opportunities. He has also been instrumental in creating many Non-Profit Foundations and Organizations worldwide, including the foundation - ANGELS e. V. Herrenburg.
Dr. Cerff holds various degrees from: University of Southern California, University of California – Los Angeles, Lund University, Stanford, LSE, University of Geneva, University of Florence, State University - Moscow, and Heidelberg University.
Dr. Cerff holds various Securities Licenses in the US and Europe. Dr. Cerff is a member of Karolinka Institute (the official institute for the Nobel Prize), where he is involved in its Nominating Committee. He is also a member of Washington's Inner Circle.
Both Bruce Barren, M Line's CEO, and Tony Anish, M Line's COO, commented: "We are very pleased to add Dr. Cerff to M Line's Board of Directors. His numerous business relationships will be an added plus for M Line in its marketing efforts, both domestically and worldwide. This is just another step forward for the new M Line since the beginning of our current 2014 Fiscal Year."
27) TUSTIN, Calif., April 21, 2014 (GLOBE NEWSWIRE) -- M Line Holdings, Inc. (OTCQB:MLHC) ("M Line" or the "Company"), a leading provider of products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as a seller of high end pre-owned Japanese Computer Numerically Controlled ("CNC") Equipment, announced the appointment of Dr. Percy Cerff to the Board of Directors of M Line. The Board now consists of five people, George Colin, Chairman; Bruce Barren, CEO; Tony Anish, COO; Jitu Banker, CFO and Percy Cerff.
Dr. Cerff is a licensed attorney and speaks 8 languages, including Russian and Chinese. Dr. Cerff has had a presence in China since the early 1970s. In 1994 Dr. Cerff, who then headed Cerff Industries, an aerospace parts manufacturer in China, was recognized by Deng Xiaoping for his work in turning around numerous Chinese Government companies to productivity.
Dr. Cerff has been involved in numerous business turnarounds during a considerable part of his professional career, representing more than 100 companies. In addition, he was instrumental in setting up the Ex-Stock Market in Leningrad in the 1990's. He also holds many awards from different countries. In his past business activities, in the 1980's, he worked with Ex-Soviet Union President, Mr. Sergeyevich Gorbachev, to organize the communal arrangements for the under privileged, plus he continued this program in the 1990's with Boris Yeltsin.
Dr. Cerff's innovations were put to the test with President Vladimir Putin's Government. During Russia's Micro-Economic Management period his work with Mr. Putin's government helped people to be productive in the factories. He was instrumental in increasing the average salary in St. Petersburg from about $75 to $600 per month.
In addition, during his distinguished career, Dr. Cerff has been associated with the United Nations where he holds a Diplomatic status passport.
Today, Dr.Cerff constantly travels around the world advising Governments, Institutions, participating in conferences, and holding seminars in business, banking and turnaround company opportunities. He has also been instrumental in creating many Non-Profit Foundations and Organizations worldwide, including the foundation - ANGELS e. V. Herrenburg.
Dr. Cerff holds various degrees from: University of Southern California, University of California – Los Angeles, Lund University, Stanford, LSE, University of Geneva, University of Florence, State University - Moscow, and Heidelberg University.
Dr. Cerff holds various Securities Licenses in the US and Europe. Dr. Cerff is a member of Karolinka Institute (the official institute for the Nobel Prize), where he is involved in its Nominating Committee. He is also a member of Washington's Inner Circle.
Both Bruce Barren, M Line's CEO, and Tony Anish, M Line's COO, commented: "We are very pleased to add Dr. Cerff to M Line's Board of Directors. His numerous business relationships will be an added plus for M Line in its marketing efforts, both domestically and worldwide. This is just another step forward for the new M Line since the beginning of our current 2014 Fiscal Year."
NOBODY IS SELLING WITH THE BOGUS NEGATIVE INFORMATION! Buyers are waiting for update! LOTS of "investors" thinking about getting in...and HOLDING SHARES LIKE MANY THAT ARE ALREADY HERE! MLHC UP 400% AND HOLDING! (8 and we all know there has BEEN NO DILUTION IN SIX MONTHS!. Transparency is on the WEBSITE! MLHC is breathing like a good wine...."If you drink the wine too soon, you merely have juice of the grape! C.L. MLHC HUGE IN 2015 MANY SHARES TRADED THIS YEAR BOUGHT ON THE ASK...SLAP THE ASK! AIMHO GLTA
26) Previously Posted By: Nitwit
STILL IN THE PIPELINE!
M Line Holdings, Inc. Signs Letter of Intent With The Byran Company, Inc.
This Acquisition Plus the Prior Announced Blue Star Machinery Will Bring M Line's Revenue to In Excess of $25M, With an EBITDA Expected to Be $5M +
Marketwired
ANAHEIM, CA--(Marketwired - Oct 16, 2014) - M Line Holdings, Inc. (PINKSHEETS: MLHC) ("M Line" or the "Company" today announced that it has signed a letter of intent with the principals of The Byran Company, Inc. ("Byran". Byran is located in Huntington Beach and has been in business since 1986. Byran is a machine tool shop specializing in complex engineered precision metal parts for the aerospace plus medical industries and will complement M Line's Precision division. With Byran, M Line will have some 110 CNC machines, making M Line and important factor in this segment of its industry.
The cost of the Byran transaction will be approximately $5,100,000 depending on the value of inventory and receivables on the closing date. M Line will, at close, pay $3.1 million with the principals of Byran carrying $2.1 million payable over 5 years at 4% interest, payments commencing three months after close. Mr. Kelly Dunagan will sign a 9 month employment contract after which he will be available on a consulting basis as needed.
Bruce Barren, CEO of M Line, commented, "We continue to fulfill our commitments to our shareholders to build the New M Line through internal growth and acquisitions. We are beginning to build momentum and we have additional planned acquisition targets. Your Management determination continues to make M Line a success through acquisitions and the ability to expand our customer base, thus adding shareholder value with as minimal dilutive effect to shareholder ownership. M Line continues with its forward momentum objectives."
Tony Anish, COO of M Line, stated, "Our vision has been to expand both the machine sales and precision parts divisions. The acquisition of Blue Star Machinery is just another step forward. Blue Star gives us a Midwest presence which will provide us with freight savings and an improved customer base. In the near future we plan to either add or open an East Coast location giving our group the ability to cover the whole US. Through Byran we gain further momentum for the acquisition of similar size machine tool shops. Byran adds enormous potential for growth within the aerospace plus medical industries and will complement our existing customer base. We are going to accelerate our resources to bring M Line as quickly as possible to the $50 million revenue."
About M Line Holdings, Inc.
M Line is a leading manufacturer of products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as selling high end pre-owned Japanese Computer Numerically Controlled ("CNC" Machine Tool Equipment with key customers that include Panasonic Avionics, UTC Aerospace Systems, Beckman Coulter, BE Aerospace and a strategic alliance with Structural Integrity Engineering.
For more information on M Line see our web site at www.mlineholdings.com
Safe Harbor and Informational Statement
This press release may contain forward-looking information within the meaning of Section 21E of the Security Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statement of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial conditions or results of operations; (iii): the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends.
The words "may", "would", "will", "expect", "estimate", "anticipate", "believe", "intend", and similar expressions and variations thereof are intend to identify forward-looking statements. Investors are cautioned that any such forward-looking statement are not a guarantee of future of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the company's statements and reports filed with the OTC Markets. The Company claims the safe harbor provided by Section 21E(c) of the Exchange Act for all forward-looking statements.
Contact:
For further information contact
Tony Anish
tony@mlineholdings.com
Sure looks that way! Great DD! IHSI $$$$ AIMHO GLTA
You know the OTC has NOT been the same since you became ill ): and it will NOT BE THE SAME WITH YOU BACK! (8 (;
NICE IHSI!
Thank you Axel! Yup! This week should be a GOOD solid week for MLHC! All the signs are coming, hopefully she will "push on through to the other side"! I would speculate a solid update should be here anyday! MLHC $$$$ AIMHO GLTA
25) thank you (NITWIT) from IH for this DD...M Line Holdings, Inc. Forms Lease Financing Subsidiary
This Will Have a Positive Material Impact on M Line's Revenue and Profitability and Its Prospective Acquisition, Blue Star Machinery
ANAHEIM, CA--(Marketwired - Oct 9, 2014) - M Line Holdings, Inc. (PINKSHEETS: MLHC) ("M Line" or the "Company" is a leading manufacturer of products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as selling high end pre-owned Japanese Computer Numerically Controlled ("CNC" Machine Tool Equipment with key customers that include Panasonic Avionics, UTC Aerospace Systems, Beckman Coulter, BE Aerospace and a strategic alliance with Structural Integrity Engineering.
M Line today announced that it has formed a new wholly owned subsidiary, ML Machinery Funding, Inc., to manage and fund all equipment sales for transactions involving customer financing. The profit share agreement results in all the credit checking, documentation and closing being handled by M Line's partners and the arranging of all bank lines for the program by our partners. M Line anticipates initial financing through its new subsidiary by mid October. Elite Machine Tool currently arranges funding for approximately 40% of its revenues. However, with the anticipated improved rates and capabilities M Line expects both revenues and funding levels to increase. This program which can fund throughout the US will also enhance Blue Star Machinery's business.
Bruce Barren, CEO of M Line, commented, "This is another example of our growth plans. This program will enhance our ability to sell equipment by offering a superior equipment financing program to our customers. It is particularly beneficial to the soon to be expanded machinery sales division and will help us gain a much greater revenue share of the pre-owned machine sales market. This Financing will have a non-dilutive effect to M Line Shareholders. This is the First of a Series of New Financing for M Line."
Tony Anish, COO of M Line, commented, "We have been working on a 'captive' leasing program for some time and are now delighted that we have signed the agreement with a local Financing Company to partner with them in this program. This will greatly enhance our ability to expand equipment revenue."
For more information on M Line see our web site at www.mlineholdings.com
Safe Harbor and Informational Statement
This press release may contain forward-looking information within the meaning of Section 21E of the Security Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statement of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial conditions or results of operations; (iii): the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends.
The words "may", "would", "will", "expect", "estimate", "anticipate", "believe", "intend", and similar expressions and variations thereof are intend to identify forward-looking statements. Investors are cautioned that any such forward-looking statement are not a guarantee of future of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the company's statements and reports filed with the OTC Markets. The Company claims the safe harbor provided by Section 21E(c) of the Exchange Act for all forward-looking statements.
For further information contact
Tony Anish
tony@mlineholdings.com
(MORE TO FOLLOW) Dow Jones Newswires
SO TRUE SOBLUE....MLHC GROWING ORGANICALLY! Nice! (8 HAPPY WEEKEND TO ALL!
24) QUOTE FROM THE ROCKMAN! "I personally like the $1.2 million in retired debt 2015. That's huge. Also no dilution in 2015. Like that one also! And like I said l, the organic, no promo move from .0002 to .0011 has been super nice. $MLHC = $$$$$$"
23) Ty ROCKMAN! Restored Profitability-3 quarters in a row
Through March 31, 2014 we are approximately $1.8 million ahead of the comparable period for last year.
Obtained a Commitment for Acquisition Financing
Despite our weak financial condition and tight cash flow we obtained a commitment in the sum of $30 million.
Improved and Strengthened Management
We added Bruce Barren to our management team as CEO and brought in our first totally independent Board Member, Percy Cerff.
Rejuvenated Old and Attracted New Customers
We have added five new customers and rejuvenated 4 old customers.
Accelerated Discussions with Three Prospective Acquisitions
These first three prospective acquisitions represent over $15 million of new revenue and $3 million of EBITDA.
Completed a Strategic Alliance to Expand Products and Services to the Aerospace Industry
This co-operation agreement with Structural Integrity Engineering, Inc., an aerospace based engineering company, will enhance both company's abilities and strengths to service the aerospace industry.
Expanded Production Capacity in our machine refurbishing and sale division
Increased the machine refurbishing and sales division's facility size by over 50% to meet growing demand.
With everything that has been done we are not satisfied and continue to look for more acquisition prospects while searching for better ways to manage M Line, reducing overheads and improving productivity.