Enjoying family time and....DD on stocks....
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GREAT DD! You nailed this one! Wow! AIMHO GLTA
I'll AGREE....WERE IN THE LOADING ZONE! CYPW LOOKING ALMOST RIPE!
We have REPETEDLY PROVEN THESE NEGATIVE "facts"to be MOSTLY Bogus allegations and to be twisted, mangled, manipulated, and MANIACLE at best! MLHC HAS ONLY IMPROVED SINCE ANISH TOOK CHARGE(so we are HAPPY HE IS IN CHARGE NOW!) These allegations come off as DIABOLICAL and are NO LONGER SKEEEERING SHARES OUT OF PEOPLES HANDS! PPS UP 350-450% this year! Welcome to the ORGANIC STOCK GROWTH at MLHC ! Even if Tony had done wrong ten plus years ago, HE IS CLEARLY DOING CORRECT NOW! Great job Tony and the MLHC RECOVERY TEAM that HE PUT TOGETHER! Shorts are SHORTING in their shorts! AIMHO GLTA
WE ALL PRETTY MUCH KNOW THAT LAST YEAR TCA HAD MLHC BY THE MANLY BITS AND DESTROYED PPS....WE ALSO KNOW WHAT HAS BEEN DONE ABOUT IT....HERE IS THE REMINDER....NO DILUTION IN ABOUT 6 MONTHS! Asher GONE! TCA NOT DILUTING! ABL FINANCING in the works FOR AQUISITIONS...to replace toxic financing! 4ish AQUISITIONS ON THE BOARD! Data with auditors to BECOME FULLY REPORTING! The only 2 things hurting MLHC now is the FALSE AND ANTIQUATED NEGATIVE INFORMATION that is CLEARLY NOT SKEERING SHARES OUT OF INVESTORS HAND AND INTO THE HANDS OF TOXIC FLIPPERS ANYMORE! Seems like the current flippers are responsible!! MLHC GOING TO PASS PENNIES ON THE WAY TO SILVER!!!!!! MLHC RECOVERY TEAM KICKING A$$!!!!!!!! AIMHO GLTA
Yup! WERE GOING ON 6 MONTHS OF NO DILUTION, THANKS TO THE MLHC RECOVERY TEAM! AIMHO GLTA
What happened to the PROMISE of NO BID and RS? ANSWER: TONY TOOK THE BULL BY THE HORNS AND RIGHTED THE SHIP! Looks like MLHC IS UP 350-450% ALREADY THIS YEAR....SHOWING SHAREHOLDER CONFIDENCE! Flipper's can't seem to SKEEEEER shares out anymore! GREAT JOB MLHC RECOVERY TEAM! AIMHO GLTA, even the SHORTS! (8
If MLHC IS A HOLDING COMPANY....LET IT become AS SUCCESSFUL AS J.D. ROCKEFELLER! (8 he was at one time the richest man in the world, to my understanding! Thank you for pointing that similarity out! As for selling off the assets, I'm certain assets are the collateral in the ABL (ASSET BASED LENDING) they have worked so diligently on! Real GOOD job MLHC RECOVERY TEAM! We have already seen an EPIC REVERSAL! GREAT JOB! AIMHO GLTA UPDATE SOON AND BLUE SKY!
We, on the MLHC BOARD DID DD AND repeatedly wasted time proving fabrication, falsification, and manipulation of negative information....it is NO LONGER SKEERING SHARES OUT OF NEWBIES HANDS! AIMHO.....GLTA...EVEN THE SHORTS!
Yup! Can't wait to see the AUDITED FINANCIALS! Estimated 10-15 million in REVENUE! AIMHO GLTA
So your saying NO MORE DILUTION!?
Sure! GREAT QUESTION NAZULYA! ANISH promised to "ACCELERATE" shareholder value! We saw a RISE IN PPS FROM .0002-.0011 and held .0009 ish! With my pencil and napkin math (Warren Buffet style (; ) I figure that to be a 350-450% "acceleration" in PPS....NOT A SLIDE TO NO BID....At .0002 he could have RS'D and chose to "RIGHT THE SHIP" instead! He got ASHER OUT OF THE PICTURE! Annish got TCA to STOP DILUTING! (IN CASE YOU MISSED THE PRIOR POSTS....NO DILUTION IN 5 months!). HE's WORKING ON ABL....WHICH WOULD APPEAR TO BE NON-DILUTIVE AND PPS ACCELERATIVE! AIMHO GLTA
I sure hope sooo! I would have guessed today with the NEW WEB-SITE! As much as I want an UPDATE today....IM HAPPY TO WAIT FOR THE ONES Based ON MORE THAN FLUFF! I can think of several runs from a new website....ON OTHER STOCKS...followed by a tank! GLAD MLHC is being built on SOLID GROUND this time! Nice to be heading NORTH AND HOLDING 350-450% GAIN FOR THE YEAR! IM COFIDENT WE WILL HAVE AN UPDATE SOON! (8
SOOOO GLAD it's working for you NOW! Wooohooooo! Let's go!
I (resemble) that comment! (; HHHHMMMMMMMMM I think the web-site was VERY easy to navigate, it had lots of pics and still each page loaded immediately, no pop up ads, and no fru-fru! The web-site was down to earth and just REAL! I'm certainly NOT AN EXPERT ON WEB-SITES, but I've shopped for literally tons of tools and equipment on line! I've bailed on purchasing from some other web-sites due to a lack of functionability. THE WEB-SITE was VERY FUNCTIONAL for me and I'm on an iPad at the moment, no translation problems! Maybe my PC will have issues with the web site but I seriously doubt It! I had no issues with the way it was organized categorically, I liked it! I can't comment on it still being under construction as I didn't see that and if I did I really wouldn't care as it's functional! The pics also pretty much showed enough background to indicate they were taken in the same building, clearing up the bogus allegation of NOT having any equipment. GREAT JOB MLHC RECOVERY TEAM! AIMHO GLTA
Yup! (8 it's EASY to NAVIGATE, HAS GREAT PICS, AND WORKS! They sure have ALOT OF INVENTORY ALSO! They even added a new line of equipment! The MLHC RECOVERY TEAM HAS DONE IT AGAIN! They did NOT even fluff PR the NEW website, they "just made it happen!"! 5 months of SOLID IMPROVEMENT! AIMHO GLTA
Sometimes L2 gets REALLY WONKY, just before NEWS AND LIFT OFF $$$$$$! AIMHO GLTA
Looks like the cork on the boxed DOMK wine has been popped! DOMK is breathing. The powers that be may let her out of the box soon! AIMHO GLTA
Looks like consolidation about OVER....HIGH ALERT....THE RUN HAS ALMOST BEGUN! BETTING ON BETS ......AIMHO GLTA
Lol...no joke! No one selling and longs haven't bought the Bear's wall...YET! (; tic toc! mlhc is RISING AGAIN! AIMHO GLTA
My MLHC "GLASS IS HALF FULL, not half empty"! I also REALIZE I REAP WHAT I SOW! 5 months of NO DILUTION, TRANSPARENCY, SOON TO BE FULLY REPORTING....EMINENT AQUISITIONS....the patient will be rewarded WITH MLHC and the flippers will chase! AIMHO GLTA
Lol.....MLHC.looks GREAT 350-450% move UPWARD THIS YEAR AND NO DILUTION IN ABOUT 5 months SINCE ANISH TOOK OVER! (8 GREAT JOB ANISH AND MLHC RECOVERY TEAM! Onward and UPWARD!
MLHC UP 350-450% for the year and appears to be fully reporting soon! 4 AQUISITIONS IN THE PIPELINE!
M Line Back on Track with Its Recovery Plan
Accesswire
Mar 11, 2015 8:30 AM
Forward Movement Continues on the Audit, a New Funding Source and Acquisitions
ANAHEIM, CA / ACCESSWIRE / March 11, 2015 / M Line Holdings, Inc. (PINKSHEETS:MLHC "M Line" or the "Company"), is pleased to announce that its Recovery Plan is now back on target. Details of this Plan will be released shortly through a Shareholder Letter.
M Line is pleased to confirm that its auditors are now working as fast as possible to complete the 10-K and 10-Q's so that we will have all our filing current. In addition we are proceeding with an asset-based lending line of credit with another funding source that will start its due diligence process shortly. Presuming we are approved, this funding will pay off any remaining amount due our current lender and will give us room for growth.
The negotiations and documentation with our first acquisition is moving smoothly and we hope for further announcements regarding this acquisition shortly.
Bruce Barren, CEO of M Line, commented: "It was unfortunate that it took so long to resolve the issues with our current lender but with that behind us we have started to speed up our 12-Step Recovery Plan."
Tony Anish, COO of M Line, further stated that: "Management is now making some changes within the organization to accelerate the Group's effectiveness ahead of the introduction of the acquisitions. As more news becomes available, we will update shareholders."
About M Line Holdings, Inc.:
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.
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.
M Line Holdings, Inc. Signs Final Documents with Current Lender
Accesswire
Feb 27, 2015 8:30 AM
M Line will now Proceed to Accelerate Shareholder Value
ANAHEIM, CA / ACCESSWIRE / February 27, 2015 / M Line Holdings, Inc. (MLHC) ("M Line" or the "Company"), is pleased to announce that it has signed final documents with its current lender that results in the current lender being repaid $1,200,000 of its outstanding loans over a an agreed period of time. This agreement paves the way for M Line to move forward on its second part of its refinancing.
Bruce Barren, CEO of M Line, commented, "We are pleased that we have, at last, finalized the first part of the financing necessary to repay our current lender. We can now concentrate on closing the second part of the refinancing."
Tony Anish, COO of M Line, further stated that, "The agreement with our current lender opens the way for the Company to start its growth curve, filing the outstanding financial statements and bringing additional working capital to M Line and definition to our Business Plan. Look out for more news very shortly."
About M Line Holdings, Inc.:
M Line Holdings, Inc. (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.
Contact:
Tony Anish
tony@mlineholdings.com
SOURCE: M Line Holdings, Inc.
M Line Holdings, Inc. and Current Lender Cooperating to Finalize Replacement Funding
Accesswire
Dec 9, 2014 11:30 AM
M Line Passes Its First AS 9100 Audit In Its New Facilities
ANAHEIM, CA / ACCESSWIRE / December 9, 2014 / M Line Holdings, Inc. (OTC Pink: MLHC "M Line" or the "Company"), is updating its Press Release dated November 25, 2014 regarding the refinance of its current lender. On December 3, 2014, M Line received the signed term sheet from its current lender for a payment of approximately 50% of the outstanding debt due the current lender. In order to pay the other 50% M Line is negotiating a second line of credit which would totally pay off its current lender. The current lender obtained a consent judgment as a result of M Line's default. As a part of the terms from the new lender the current lender cannot unreasonably withhold approval for any acquisitions by M Line and the current lender has no lien rights over the assets of the acquisition targets. With the sign-off from all parties on its Term Sheet dated November 24, 2014 M Line is now in a position to move forward in a positive and conclusionary manner.
M Line's current Line of Credit expired in April 2014 and the Board has been working hard to find the replacement facilities that suit the Company's anticipated growth. Our current lender has agreed to work closely with M Line to complete all its refinancing requirements. When M Line issued its prior Press Release it had not received the formal sign off of the financial Term Sheet from our current lender. We now have that formal approval.
Bruce Barren, CEO of M Line, commented: "We are pleased to report that a resolution between its current lender and M Line is on a cooperative path and we expect this refinancing can be brought to a successful conclusion. M Line can now continue on its path of recovery."
Tony Anish, COO of M Line, further stated that: "M Line last week passed its AS 9100 audit. This was the first audit since the move to our new manufacturing facility so we are delighted with the results."
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.
M Line Holdings, Inc. Signs Funding Proposal to Repay Current Lender
Accesswire
Nov 25, 2014 12:45 PM
Management Expects to Close the First Part of the Refinance of Current Lender in December and bring all SEC Filings up to Date
ANAHEIM, CA / ACCESSWIRE / November 25, 2014 / M Line Holdings, Inc. (OTC Pink: MLHC "M Line" or the "Company"), has today confirmed that it has signed a definitive term sheet with its current and new lender to refinance a significant portion of the current lender funding. M Line expects to finalize terms for the balance of the refinance over the next few days and will close both portions of the refinance in December. This will enable us to bring our SEC filings up to date.
Bruce Barren, CEO of M Line commented, "This is a major step forward as we are now able to bring in additional financing to support the growth of the Company. We are now on the way to building a strong company."
Tony Anish, COO of M Line further stated that, "We can now concentrate on closing the acquisitions. We will close Blue Star by the end of December and are working on final documents for the acquisition of the Byran Company, Inc."
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.
M Line Holdings, Inc. Reaches Two More Milestones
Accesswire
Nov 20, 2014 8:30 AM
Financing Terms Agreed for the Acquisition of Blue Star and an Agreement in-Principle with a New Lender to Significantly Reduce the Amount due our Primary Lender.
Anaheim, CA / ACCESSWIRE / November 20, 2014 / M Line Holdings, Inc. (OTC Pink: MLHC "M Line" or the "Company"), is pleased to announce that it has finalized the financing for the acquisition of Blue Star Machinery. Although the purchase price was agreed as 3,330,000 shares of M line stock (based on a 10 cents market value) M Line also agreed to pay off all the debt secured by inventory and fixed assets and to provide working capital. These funds have now been secured. M Line expects to close on or before December 31, 2014.
Furthermore M Line has agreed terms in principle to refinance a significant portion of its primary lenders debt. This refinancing plus a new ABL credit facility on which M Line is still concluding is expected to be finalized before calendar year end. This will then clear the indebtedness obligation to our primary lender. Concurrently
the Company is putting significant resources to make sure our audit of our 10-K and 10-Q are completed as soon as possible.
Bruce Barren, CEO of M Line, commented: "These two milestones will have a significant effect on management's primary focus: the expansion of revenue and EBITDA through strategic acquisitions and the reduction of our capital cost. Both will have a positive effect on shareholder value and put us in a position to move forward with our growth plans for the Company. Our philosophy is to WIN. The Blue Star acquisition is only the first step to accelerate revenue and EBITDA by some $9 million and $1.5 million respectively. More acquisitions are targeted and we have already announced the second one which is on course to further expand our corporate values."
Tony Anish, COO of M Line, stated: "The final documents for the acquisition of Blue Star are close to being completed so the commitment for funding from our investment banking relationship (per our press release in ) is timely and will mean we can very shortly concentrate on closing The Byran Company, Inc the second acquisition previously announced. We are determined to accelerate revenue and EBITDA expansion so that we can gain a better interpretation in the market place of our corporate capabilities and performance. Our objectives continue to be capitalized maximization of the current positive direction of the aerospace industry, both in commercial and defense."
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 website 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
SOURCE: M Line Holdings, Inc.
M Line Holdings, Inc.'s Manufacturing Division Ahead of Schedule After Four Months Settling Into Our New Facility
Customers Pleased and Are Increasing Order Flow
Marketwired M Line Holdings, Inc.
Oct 28, 2014 8:30 AM
ANAHEIM, CA--(Marketwired - Oct 28, 2014) - M Line Holdings, Inc. (PINKSHEETS: MLHC) ("M Line" or the "Company"), is pleased to announce that its manufacturing facility will achieve break even in November and expects to be profitable again in December. Our customers have been magnificent in helping us through this very difficult period, including one customer who has agreed to provide a significant amount of raw materials needed to assist us with our difficult cash flow. The confidence and support shown by our customers has been a real boost for our whole team.
M Line filed a preliminary Schedule 14C with the United States Securities and Exchange Commission on Friday, October 24, 2014, giving notice to all of its shareholders that on October 21, 2014, the Company, after receiving requisite shareholder approval, increased the number of authorized shares of its common stock. This increase has been authorized to accommodate the Company paying off its current lender TCA Global Credit Master Fund, LLC. ("TCA"). TCA, as a part of its loan settlement documents, has a provision for M Line to accept a 3A9 funding from a source approved by TCA. However we do not at this time know if we will have to use a 3A9 transaction or who we will use and if so, how much that funding will be. It is the Board's intent to finalize alternative funding with a less dilutive effect. We also have two alternative lending sources in negotiation where an increase in authorized capital may not need to be used or if needed would require considerably less dilution.
Bruce Barren, CEO of M Line, commented, "We are pleased that our customers continue to support the Company while we are bringing our new facility on line. Revenues are now expected to grow so that we should easily be able to meet breakeven in November and profitability by year end. Shareholder value is still our primary concern and shareholders should see that positive impact in the long term. As everybody knows M Line has had to come through a very difficult period but there now appears to be validity in the key decisions we have had to make."
Tony Anish, COO of M Line, stated, "We have been trying to negotiate a pay-off with TCA for some time. We now have two very good offers for funding in addition to an asset based loan term sheet which we have approved as well. Currently we are moving forward on completing the documentation and closing our first two acquisitions which will see M Line's revenues increase by over $16 million to the $30 million dollar range annually, with an EBITDA of over $5 million We continue to concentrate on our short and long term strategy to build revenues and EBITDA and improve shareholder value."
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
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 M Line Holdings, Inc.
Oct 16, 2014 8:30 AM
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
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M Line Holdings, Inc. Enjoying Order Expansion With Key Customers Now That Its New Facility Is Close to Full Production Causing a 20% Reduction in Manufacturing Costs
M Line Is Also Experiencing More Opportunities for Capital Expansion in Order to Meet Key Customer Demands
Marketwired M Line Holdings, Inc.
Oct 13, 2014 9:19 PM
ANAHEIM, CA--(Marketwired - Oct 13, 2014) - M Line Holdings, Inc. (PINKSHEETS: MLHC) ("M Line" or the "Company") announced that it has received significant orders from key customers. This validates its focused efforts to improve production quality and timeliness of delivery. Concurrently the move has allowed the Company to become more competitive in the marketplace as a result of a 20% reduction in manufacturing break even costs.
Bruce Barren, CEO of M Line, commented, "Our objective continues to be improved Shareholder Value -- concentrating on its long term buildup. Yes, the move was expensive, causing a reduction in short term revenues but putting us in a more competitive position. This allows us to gain a competitive advantage in the marketplace. M Line continues to search out new funding sources to replace its current primary lender and to meet current capital needs caused in part by sales growth. Many opportunities are beginning to present themselves to us and we anticipate closing at least one of these sources shortly."
Tony Anish, COO of M Line, further adds, "Transitionary capital is often difficult to find and we are trying to avoid dilution where possible. I can report we are in negotiation with multiple sources and are in the process of concluding several of these financings which will allow us to replace our current lender on less costly terms. At the same time it will allow us to meet our sales momentum."
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
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
Marketwired M Line Holdings, Inc.
Oct 9, 2014 8:30 AM
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.
Contact:
For further information contact
Tony Anish
tony@mlineholdings.com
M Line Holdings, Inc. Signs Definitive Agreement for Acquisition
Management Expects to Close the First Proposed Acquisition in September Forecasting an Increase in Revenue of Approximately $9 Million and Over $1 Million in EBITDA Annually
Marketwired M Line Holdings Inc.
Sep 9, 2014 8:30 AM
????
ANAHEIM, CA--(Marketwired - Sep 9, 2014) - 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.
The purchase price of the Company is $333,000 payable with 3,330,000 shares of common stock valued at Ten (10) cents per share. In addition M Line will repay loans of $1,125,000 secured by BlueStar's equipment and other fixed assets. Sean Johnson will stay on as President with a three year employment contract.
Bruce Barren, CEO of M Line, commented, "This is the first step in significantly improving Group revenues and profitability. We anticipate announcing additional acquisitions very shortly. The promised growth has begun. Stay Tuned. Our focus is now to reflect this and other acquisitions into our growth strategy to significantly enhance Shareholder Value. We also want to thank our Shareholders for their support."
Tony Anish, COO of M Line, further stated that "With this first acquisition, we anticipate over $20 million revenues for fiscal 2015 and EBITDA of over $4 Million. This is just the first step in our expansion plans. More acquisitions are on our agenda."
BlueStar Machinery, Inc. is an Illinois Company that has been in business since 2001. The business has steadily increased revenues achieving over $8 Million in the year ended 12/31/2013. E.M. Tool Company has been doing business with BlueStar for many years. BlueStar buys, refurbishes and sells high end Japanese CNC equipment including manufactured by Mori Seiki and Okuma plus other machinery manufactured by Hurco, Kitamura, Fadal and Toshiba boring mills. BlueStar carries machinery inventory of approximately $1,500,000 at sale prices.
For more information on BlueStar see their web site at www.bluestarmachinery.com
For more information on M Line see our web site at www.mlineholdings.com
Contact:
For information contact
M Line Holdings, Inc.
Tony Anish
tony@mlineholdings.com
M Line Holdings, Inc. Issues Preliminary Results for Fiscal 2014 Reflecting an EBITDA Improvement of $5,317,352
Key Customer Supports M Line Through Transitionary Period Supplying Raw Materials
Marketwired M Line Holdings, Inc.
Sep 30, 2014 8:30 AM
????
ANAHEIM, CA--(Marketwired - Sep 30, 2014) - 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 today announced its preliminary results for the year ended June 30, 2014. The preliminary results show revenues of $10,800,122 for Fiscal 2014 compared to $9,324,685 for Fiscal 2013 an improvement of almost 16%. The results reflect EBITDA of $1,706,243 compared to EBITDA of ($3,611,109) in Fiscal 2013 a massive improvement of $5,317,352. The final profit shows results of ($750,157) after taking into account non cash derivatives, non recurring costs and also reflecting additional costs that occurred since the year end relating to the settlement with TCA. These unusual and extraordinary costs total almost $2,000,000 and were not reflected in our original forecast nor were the costs associated with the move to our new facility. Further a capital commitment was not effected during this period which would have absorbed the added costs. Without these costs and the loss of the capital commitment we would have achieved our forecast.
M Line is also pleased to announce support from one of its key customers that is assisting M Line's cash flow by supplying some expensive raw materials. This shows the continuing commitment from M Line's customers.
Over the last few months some of the financing of the Company has been achieved using time convertible debt. This debt has unfortunately resulted in many more shares being issued than expected but is close to being complete. However, in order to satisfy the just concluded settlement agreement with TCA, M Line must refinance using time and price deferred convertible debt, on which it is currently working with several sources indicating positive interest. Although this strategy is necessary at this time, we expect a lesser effect on dilution and thus less pressure on the market capitalization value.
Because of the time involved in completing a settlement agreement with our current primary Lender, our acquisition strategy is taking a little longer than expected with the first closing imminent and negotiations on the next three acquisitions very close to completion. M Line will be a totally different Company during Fiscal 2015 with much greater revenues and EBITDA.
Bruce Barren, CEO of M Line, commented, "We are continuing to move forward with our Business Plan. Our preliminary results for Fiscal 2014 were very close to forecasts, a significant feat for our company when one takes into account the booked expense charges incurred with our current Primary Lender. Management has the same objective as you, our shareholders, in that we are continuing to formulate our growth with more plans for expansion during 2015 and to increase Shareholder Value. Stay Tuned."
Tony Anish, COO of M Line, commented, "We recognize the weak market cap of the Company. M Line has been in business for over 12 years and has lived through difficult financial times. This Board is leading the Company back to profitability and growth. Very few Companies of this size are able to arrange acquisition financing or to negotiate the transactions in the manner that we have and most of all we have done this with very little funding. Your Board will continue to improve Company revenues and profitability, increase market awareness and in so doing increase Shareholder Value. Keep watching our Company as we have barely started yet."
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
Hhhhmmmmm...REALLY...WITH NO DILUTION IN 5 months! Maybe I need to start REPOSTING REAL DD....MLHC STRUGGLED WITH TCA, ASHER, and toxic flippers running MLHC like their own ATM MACHINE and like a "BULL-TRAP"....and LIVED TO TELL...YES, IT WAS A TOUGH YEAR! and some flippers lost some money and stated they are upset....TRULY SAD TO HEAR IT...TRUTH BE TOLD...MY PORTFOLIO HAD ALOT OF RED IN THE TANK ALSO......MLHC HAD TO WORK SOME KIND OF MIRACLE TO GET OUT OF THE CLUTCHES OF TOXIC FINANCING! We know ABL financing is probably a "tad" more difficult to procure! MLHC HAS DONE VERY WELL WITH THEIR "RECOVERY PROGRAM!" In fact....the PPS says a lot! Up and holding 300-450% for the year! AS MY GRANDPAPPY USED TO SAY..."HANG IN THERE LONG ENOUGH AND YOU WILL REAP WHAT YOU SOW" right now...I beleive MLHC longs are enjoying AND APPRECIATING the solid, stable, and sustained 300-450% rise in PPS THIS YEAR! GREAT JOB MLHC RECOVERY TEAM! AIMHO GLTA
NICE GAIN TODAY- TSLA!
MLHC appears to be getting ALL their ducks in a row! Their data is with the auditors and should be fully reporting soon! The four AQUISITIONS are FINALLY COMING TOGETHER WITH ABL as apposed to historical toxic financing! Transparency is being delivered as promised...share structure is posted on the website now! Appears no dilution in approx. 5 months! Holding 300-450% gain for year...on promise to "RIGHT THE SHIP" and following through! Watch for POSITIVE update VERY SOON! Thank you for invite to post here! I REALLY LIKE THE BOARD AND HAVE RESPECT FOR THE MODS! Ethics are VERY important to me as well! (8 AIMHO GLTA
MLHC SOON TO BE FULLY REPORTING, waiting on auditors to complete! Est. 10-15 million in revs! 4 AQUISITIONS FINALLY ABOUT TO TAKE PLACE WITH ABL! Up and holding 300-450 gain for the year already!
MLHC....DATA AT AUDITORS...SOON WILL BE FULLY REPORTING!...CLOSE TO 10-15 million in revs anticipated....4 AQUISITIONS FINALLY about to happen WITH ABL!...and.... HOLDING 350-450% gain for year already! Really, going to pennies!
REMINDER! MLHC UP 350-450% and holding SINCE ANISH TOOK OVER! REMINDER...ANISH DOES NOT WANT TO GO BACK TO TOXIC FINANCING...THATS WHY ABL IS IN THE WORKS!!!!!!! The wall that appears to be up to SKEER SHARES OUT OF HANDs DID NOT work! Next, I'm willing to bet longs start buying the wall up soon! MLHC will continue its uptrend...the LACK OF DUMPING ON TESTING SUPPORT ONLY CONFIRMED THE TREND!!!!! Traders know this and are clearly holding, consolidating, and loading quietly!!!!! AIMHO GLTA
MLHC IS GOING TO run and Run, and RUN AND RUN!...they have approximately 10-15 million in ESTIMATED, CURRENTLY BEING AUDITED BUSINESS!!!!!!! AIMHO GLTA