Enjoying family time and....DD on stocks....
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Yup! I'm with you! $$$$$$ no one is SKEEEEEERING MY SHARES OUT MY HANDS CHEAP! MLHC $$$$ TO PENNIES AND BEYOND! $$$$ GREAT UPDATES EMMINENT! $$$$
Syv-I am glad to have your WISDOM and POSTING on the MLHC board! $$$$ I just gave you follow mark # 1!
EXACLTY! Penny stocks are designed for shares to be sold for the company...at least this company is conciencous to cut cost 20% and merging/acquiring other companies with REVENUE with the shares they sell! $$$$ that appears to be investment, not a quickie flip! $$$$ MLHC
OTFLMBOA...yup! Great DD, GOOO MLHC ! $$$$$$
Yes! Well worded HAWK! MLHC $$$$
TY! I am here because MLHC has a plethora more to offer in REAL action! I like to watch my investments grow way more than a 100%! MLHC appears to be a REAL COMPANY, WITH A REAL BUSINESS EMPLOYING APPROX. 65 EMPLOYEES, as I understand! Many pennyland companies have a board of directors, a secratery, and a mediocre pipe dream! At least MLHC ISNT FLUFFING! We can win or lose... WITH DIGNITY HERE! MLHC TO PENNIES! $$$$ people are getting it and HOLDING, LET THE FLIPPERS BUY AT .0006 and flip at .0009, or wherever! MLHC SEEMS TO HAVE SOMETHING REAL! $$$$
Your STILL NOT SKEEEERING MY SHARES OUTA MY HAND CHEAP! $$$$ let's ride MLHC TO PENNIES!
R.S.V.P. I respectfully decline your invitation to argue! TY for the invite!
Looks like traders are not willing to take .0004-.0005 and not quite willing to pay .0006....hold tight! Don't fall for the fake....looks like someone dumped $60 dollars at .0004 to get another fire sale going...looks like it DIDNT WORK! (8 SLAP THE ASK AND MOVE US OUTA trips and into double zeros! $$$$ Smak THA ASK!
WTWO IS REVING HER ENGINES, RUMOR IS...THIS RUN COULD BE EPIC! $$$$
Yup! If we can make it through the head jerks and fake moves....and I think they are coming...without a sell off it should move on up, perhaps slowly... but move on up...before an update....patience...is important....not seeing another sell off at .0004 over the last two days made it harder to two tick flip...not saying anything is wrong with one or two tick flipping...just think it will destroy the PPS here! We could use some buying by strong handed individuals to move it on up to double zeros BEFORE UPDATES! hopefully we push past the resistance of seven today, and at least kiss the 8's! Let her rock, let her roll! $$$$ MLHC $$$$
SUPPLY AND DEMAND....HOLD TIGHT AND THE PRICE SHOULD RISE BEFORE NEWS! $$$$ IMHO think were doing well. Need a lot more posting and on lots of relevant boards! Upward and onward! $$$$
Yup! Seven would be NICE! $$$$ hope we see much higher before EMMINENT GREAT UPDATES! $$$$
Any kinda bagel....lol...what type a coffee? Yes, NEWS WOULD BE GREAT TOMORROW! It would be nice if the PPS WOULD GO HIGHER FIRST! IMHO GREAT NEWS IS EMMINENT! $$$$$$ Holding tight!
Yup! Good things! $$$$ (8
Lol.... I'll bring the coffee if you bring the bagels tomorrow! $$$$ MLHC MOVED UP AND THE FLIPPERS DIDNT GET TA RELOAD! $$$$ (8 GREAT JOB STOCKHOLDERS FOR HOLDING TIGHT! $$$$ to pennies and beyond! $$$$$$
AGREED! STILL NOT GUNNA SKEEEEER MY SHARES OUTA MY HANDS, I WANT PENNIES! $$$$$$
Still not gunna SKEEEEEER MY SHARES OUTA MY HANDS CHEAP! $i WANT PENNIES$$$$ keep the ASK LOW AND LET HER FLOW! Multiple GREAT UPDATES EMINENT! $$$$ (8 IMHO
Yup! (8
Well, we moved up 1 more tic today and .0006 is SOOOO THIN! Let's get back to .0010-.0012 SOOON, BEFORE THE RUN! News is EMMINENT! Let's launch from a MUCH HIGHER PPS! Holdem tight. 440,002 shares and one tic...be nice ta move 10 ticks on the equivalent...4,400,020 shares... "If the ASK stays THIN, we WIN!"
EXACTLY! Arnold! Sounds like a safety net! $$$$ Good Business! $$$$ MLHC, TO PENNIES AND BEYOND! $$$$
You are soooo correct! Glad, "You know what you own!"! Pennies add up in pennyland! $$$$ way better than a 1-2 tick flip!
I read, REREAD, AND REREAD THE ANNOUNCEMENT, IT SAYS THEY HAVE NO PLANS TO USE THEM AT THIS TIME! Those of us holding, "know what we own", and realize at this time the sky in NOT falling! $$$$ some of us just got a few CHEAPIES when the firesale took place! I'm betting the higher the PPS, the fewer they will even use if they do ever use em! Let's see .0010-.0012 SOON! "WE KNOW WHAT WE OWN"! And many of us want to see pennies! $$$$
Nice move up on low volume! There's a RUMOR, that bringing it down to 4 for a sell off today FAILED! (8 Lost some flippers that NEED SHARES and don't wanna CHASE! (8. Guess the current shareholders do " KNOW WHAT THEY OWN". Great job to those allowing MLHC TO MOVE UP ON LOW VOLUME....HOPEFULLY we'll see .0010 OR MORE BEFORE NEWS! The post that I put up earlier is copy pasted from the MLHC Web-site....posted AFTER...the last update...several HINTS in it to those that READ ALL OF IT! $$$$ PPS UP TO 10-12, lots a life on the board, and other places....traders starting to notice the tight hands of the MLHC traders....bouncing nicely! PENNYLAND MULTIBAGGER IN THE MAKING! Great job! $$$$
Wooohoooo, ready to rumble! $$$$
M Line Holdings, Inc.’s Manufacturing Division Ahead of Schedule After Four Months Settling Into Our New Facility
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
Anaheim, CA-October 28, 2014 – M Line Holdings, Inc. (OTC Pink: 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.
For further information contact
Tony Anish
tony@mlineholdings.com
Recent Press Releases
M Line Holdings, Inc.’s Manufacturing Division Ahead of Schedule After Four Months Settling Into Our New Facility
M Line Holdings, Inc. Signs Letter of Intent with The Byran Company, Inc.
M Line Holdings, Inc. Enjoying Order Expansion with Key Customers now that it’s New Facility is close to Full Production Causing a 20% Reduction in Manufacturing Costs.
M Line Holdings, Inc. Issues Preliminary Results for Fiscal 2014 Reflecting an EBITDA Improvement of $5,317,352
Recent SEC Filings
14C Definitive
10-Q (3rd Quarter ended March 31, 2014)
10-Q (2nd Quarter ended 31 December, 2013)
10-Q Amendment (1st Quater ended 30 September, 2013)
About M Line Holdings Inc
M Line Holdings, Inc.’s primary objective is to utilize its experienced management team to provide modern concepts to an aerospace based holding company through the acquisition of available precision metal manufacturing companies that target the aerospace and medical industries in addition to the acquisition of new technology companies thereby enhancing shareholder value.
Recent News
M Line Holdings, Inc. Announces Results for Third quarter of 2011 Fiscal Year
M Line Holdings, Inc. Announces the Attendance at the FSX Conference
M Line Holdings, Inc. announces the attendance at the FSX conference
M Line Holdings, Inc. announces the filing of its financial statements M Line Holdings, Inc. announces the filing of its financial statements
Site Map
About Us
Capabilities
MLHC OFTEN SLEEPS IN...DRINKS A CUP OF JAVA OR TEA, THEN WAKES UP! We need everyone that wants her TA RUN POSTING ON OTHER BOARDS ALSO...TO BRING UP AWARENESS...
http://thestockradio.com/mlhc-m-line-holdings-inc-coo-anthony-anish-ceo-bruce-barren/
HOPE y'all can open this link to a nice interview of Baron and Anish! $$$$ now, off for MY JAVA! The more we wake up the boards...the sooner...she should RUN! IMHO $$$$
MU$$$iIC TO MY EARS!!!!!! I'm ready! $$$$
Great post Ardbeg! I'm sure MLHC WILL FLY WHEN THE BIG BOYS ARE READY FOR IT TO! $$$$
GM FLEX AND THE NATION!
Yup! Also, more posting to bring UP THE AWARENESS LEVEL! $$$$ it helps all around! $$$$ ready to rumble! $$$$
I think you NAILED IT, IMACMAN! There are going to be MULTIPLE REASONS TO RUN....GREAT RELEASES EMINENT....EPIC RUN COMING FOR MLHC! $$$$ ELRA had an epic run that started kinda like this! MLHC $$$$
Yup! All GREAT SIGNS! $$$$ !!!!!!! wait for it....Wait for it....WAIT FOR IT! $$$$ (8
I agree also! Sometimes slower is MUCH BETTER!!!!!!!! $$$$$$$
I think you UNDERSTAND PENNYLAND in fact...ELRA DID SOMETHING SIMILAR....LOOK HOW THAT TURNED OUT! $$$$ multiple GREAT UPDATES EMINENT! $$$$ there were about $400 million shares in the fire sale...(I believe) bout a $100 million traded on the way back to here! The SMART ONES ARE HOLDING FOR HUGE GROWTH! Shareholders are holding for HIGHER PPS....GREAT DAY AS FAR AS IM CONCERNED! $$$$ I want over a penny and I'll hold my breath...( UHHHA errr uhhhhmmmm) my shares till I get it! AIMHO
It's a waiting game...they want shares...just cheaper than people wanna sell....good for PPS in the long run.....MOVIN on up can take time and patience, I think I have time...I know I have patience! $$$$$
AS LONG AS PEOPLE HOLD TIGHT...WELL RUN AND RUN....$$$$...keep it all on the ASK...SHE GOES NORTH !!!!$$$$$
HOLD TIGHT! $$$$ Makem slap the ASK! $$$$
MLHC CRUSHED THE 5's and kissed the 6's SLAP THE ASK NOW OR CHASE LATER! $$$$ yesterday! Headed to be a BOTTOM BOUNCING MULTIBAGGER! $$$$$ up from 3 last week...M LINE HOLDINGS INC.
About us:
M Line currently operates through their two wholly owned subsidiaries, Precision Aerospace and Technologies, Inc. (formerly Eran Engineering, Inc.), (“Precision”) and E.M Tool Company, Inc. dba Elite Machine Tool Company, (Elite”). Elite operates out of a 15,000 square foot facility in Anaheim, California (soon to be increased to 21,000 square feet) providing services and products to the machine tool industry, including the sale of refurbished Computer Numerically Controlled (“CNC”) machines. Currently Elite has 10 employees, 5 mechanics and five office and sales staff. Precision manufactures precision metal components out of its 50,000 square foot facility in Tustin, California. The Company’s services and products are primarily marketed and sold to the commercial aviation, medical, oil and gas and defense industries. Currently the Company has 43 employees including 10 office and sales staff and 33 machinists, assembly personnel and quality assurance staff including the floor managers and programmers.
The CEO Bruce Baron Bruce Barren has been involved in the aerospace industry for some 45 years working with companies that manufacture component parts and defense electronics, as well as airline reservation systems to pressurized rubber products. During his distinguished career his client involvements have included such companies as: Elastomeric Silicone Products, Inc. (pressured airplane interior parts – window and door seals); G.C. International’s A.L. Johnson (parts manufacturer); Hydro-Mill Co. (fuselages and landing gears); Lorge Engineering, Inc. (forged parts); QSA Computers (reservation systems); Saab Scandia AB (aircraft manufacture, automobiles, and computers); SFS Industries, Inc, (rubber seals – aircraft).; Zwick Energy Research Organization, Inc. (de-icers); Airborne Product Support, Inc. (aircraft parts – wholesale) and The Mexmil Company (renamed: TMC Aerospace, Inc.: airplane interior products) plus Global E-Point, Inc. (commercial aircraft security systems). At Hydro-Mill, Mr. Barren was its Chief Executive Officer just prior to its sale.
Elite Machine Tool Company has provided sales and service and new and used machinery since 1990.
Websites
http://www.mlineholdings.com/
http://www.elitemachinetool.com/elite/
http://www.precisionaerotech.com/
Currently Panasonic is still Precision’s largest customer but now accounts for less than 50% of total revenues as business from other customers has increased. The company maintains considerable inventory, a high percentage to meet Panasonic’s order requirements.
$MLHC M Line Holdings Nine Month Period ended March 31, 2014..Revenues increased to $8,453,085 almost $1.7 million more than the comparable period from last year. EBITDA improved by $2,030,957 an increase of over 200% compared to the prior period in 2013. Bruce Barren, CEO of M Line, commented..."While we are concerned about the undervalued share price, we are confident that our market capitalization will rise substantially following the release of the 2014 results.”
http://www.mlineholdings.com/press_releases/m-line-holdings-inc-announces-final-results-for-the-nine-month-period-ended-march-31-2014-confirming-revenue-increase-of-25-over-the-comparable-period-in-2013/
MLHC..Managements recent accomplishments/execution
We have continued our negotiations with four prospective acquisitions. Final agreements are imminent.
~ Recent PR on 9/9/14 ~
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
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 will save considerable freight charges...The business has steadily increased revenues achieving over $8 Million in the year ended 12/31/2013.
... 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."
http://www.bluestarmachinery.com/
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."
"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.
Next possible acquisition target below:
Noticed Cummins Areospace next door to the new facility and MLHC headquarters
http://cumminsaerospace.com/contact-us/
MLHC/Precision Areospace
http://usplaces.com/others/anaheim-ca/precision-aerospace-technologies-inc
Made a deeper connection between MLHC and Cummins Aerospace.
Both ship parts to UTC Aerospace Systems!! And may both be connected with Boeing
http://cumminsaerospace.com/product-line/
http://www.mlineholdings.com/company-profile/
"Precision has also established Business Partnership Agreements with EXMD Airframe (former Boeing Canada/Aero Mecachrome) and Fairtech Engineering in India. Precision is Certified to AS 9100 Rev C, is proficient with Boeing D1-4426 and complies with Boeing D6-51991"
M Line Key customers of our group include Panasonic Avionics, UTC Aerospace Systems, Beckman Coulter, BE Aerospace and SIE (Structural Integrity Engineering, Inc.)
http://2012ar.utc.com/highlights_aerospace.htm
There is a 3-D printer listed on Mlhc website. NASA did some research research on 3-D printers...you print 3D tools in space. Cummins Aerospace does ship parts to NASA!!
Connect the dots between the PR 6/24/14 and 8/18/14. Seems the move and pending acquisitions took longer than expected, but everything on track now!! A big 10-K coming and
acquisition news. Should move up nicely from here.
News 8/4/14 ASHER ENTERPRISES, INC. has 0 shares, no diluting from them
Amended Statement of Ownership (sc 13g/a)
http://ih.advfn.com/p.php?pid=nmona&article=63139256
MLHC CRUSHED THE 5's and kissed the 6's SLAP THE ASK NOW OR CHASE LATER! $$$$ yesterday! Headed to be a BOTTOM BOUNCING MULTIBAGGER! $$$$$ up from 3 last week...M LINE HOLDINGS INC.
About us:
M Line currently operates through their two wholly owned subsidiaries, Precision Aerospace and Technologies, Inc. (formerly Eran Engineering, Inc.), (“Precision”) and E.M Tool Company, Inc. dba Elite Machine Tool Company, (Elite”). Elite operates out of a 15,000 square foot facility in Anaheim, California (soon to be increased to 21,000 square feet) providing services and products to the machine tool industry, including the sale of refurbished Computer Numerically Controlled (“CNC”) machines. Currently Elite has 10 employees, 5 mechanics and five office and sales staff. Precision manufactures precision metal components out of its 50,000 square foot facility in Tustin, California. The Company’s services and products are primarily marketed and sold to the commercial aviation, medical, oil and gas and defense industries. Currently the Company has 43 employees including 10 office and sales staff and 33 machinists, assembly personnel and quality assurance staff including the floor managers and programmers.
The CEO Bruce Baron Bruce Barren has been involved in the aerospace industry for some 45 years working with companies that manufacture component parts and defense electronics, as well as airline reservation systems to pressurized rubber products. During his distinguished career his client involvements have included such companies as: Elastomeric Silicone Products, Inc. (pressured airplane interior parts – window and door seals); G.C. International’s A.L. Johnson (parts manufacturer); Hydro-Mill Co. (fuselages and landing gears); Lorge Engineering, Inc. (forged parts); QSA Computers (reservation systems); Saab Scandia AB (aircraft manufacture, automobiles, and computers); SFS Industries, Inc, (rubber seals – aircraft).; Zwick Energy Research Organization, Inc. (de-icers); Airborne Product Support, Inc. (aircraft parts – wholesale) and The Mexmil Company (renamed: TMC Aerospace, Inc.: airplane interior products) plus Global E-Point, Inc. (commercial aircraft security systems). At Hydro-Mill, Mr. Barren was its Chief Executive Officer just prior to its sale.
Elite Machine Tool Company has provided sales and service and new and used machinery since 1990.
Websites
http://www.mlineholdings.com/
http://www.elitemachinetool.com/elite/
http://www.precisionaerotech.com/
Currently Panasonic is still Precision’s largest customer but now accounts for less than 50% of total revenues as business from other customers has increased. The company maintains considerable inventory, a high percentage to meet Panasonic’s order requirements.
$MLHC M Line Holdings Nine Month Period ended March 31, 2014..Revenues increased to $8,453,085 almost $1.7 million more than the comparable period from last year. EBITDA improved by $2,030,957 an increase of over 200% compared to the prior period in 2013. Bruce Barren, CEO of M Line, commented..."While we are concerned about the undervalued share price, we are confident that our market capitalization will rise substantially following the release of the 2014 results.”
http://www.mlineholdings.com/press_releases/m-line-holdings-inc-announces-final-results-for-the-nine-month-period-ended-march-31-2014-confirming-revenue-increase-of-25-over-the-comparable-period-in-2013/
MLHC..Managements recent accomplishments/execution
We have continued our negotiations with four prospective acquisitions. Final agreements are imminent.
~ Recent PR on 9/9/14 ~
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
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 will save considerable freight charges...The business has steadily increased revenues achieving over $8 Million in the year ended 12/31/2013.
... 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."
http://www.bluestarmachinery.com/
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."
"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.
Next possible acquisition target below:
Noticed Cummins Areospace next door to the new facility and MLHC headquarters
http://cumminsaerospace.com/contact-us/
MLHC/Precision Areospace
http://usplaces.com/others/anaheim-ca/precision-aerospace-technologies-inc
Made a deeper connection between MLHC and Cummins Aerospace.
Both ship parts to UTC Aerospace Systems!! And may both be connected with Boeing
http://cumminsaerospace.com/product-line/
http://www.mlineholdings.com/company-profile/
"Precision has also established Business Partnership Agreements with EXMD Airframe (former Boeing Canada/Aero Mecachrome) and Fairtech Engineering in India. Precision is Certified to AS 9100 Rev C, is proficient with Boeing D1-4426 and complies with Boeing D6-51991"
M Line Key customers of our group include Panasonic Avionics, UTC Aerospace Systems, Beckman Coulter, BE Aerospace and SIE (Structural Integrity Engineering, Inc.)
http://2012ar.utc.com/highlights_aerospace.htm
There is a 3-D printer listed on Mlhc website. NASA did some research research on 3-D printers...you print 3D tools in space. Cummins Aerospace does ship parts to NASA!!
Connect the dots between the PR 6/24/14 and 8/18/14. Seems the move and pending acquisitions took longer than expected, but everything on track now!! A big 10-K coming and
acquisition news. Should move up nicely from here.
News 8/4/14 ASHER ENTERPRISES, INC. has 0 shares, no diluting from them
Amended Statement of Ownership (sc 13g/a)
http://ih.advfn.com/p.php?pid=nmona&article=63139256
MLHC CRUSHED THE 5's and kissed the 6's SLAP THE ASK NOW OR CHASE LATER! $$$$ yesterday! Headed to be a BOTTOM BOUNCING MULTIBAGGER! $$$$$ up from 3 last week...M LINE HOLDINGS INC.
About us:
M Line currently operates through their two wholly owned subsidiaries, Precision Aerospace and Technologies, Inc. (formerly Eran Engineering, Inc.), (“Precision”) and E.M Tool Company, Inc. dba Elite Machine Tool Company, (Elite”). Elite operates out of a 15,000 square foot facility in Anaheim, California (soon to be increased to 21,000 square feet) providing services and products to the machine tool industry, including the sale of refurbished Computer Numerically Controlled (“CNC”) machines. Currently Elite has 10 employees, 5 mechanics and five office and sales staff. Precision manufactures precision metal components out of its 50,000 square foot facility in Tustin, California. The Company’s services and products are primarily marketed and sold to the commercial aviation, medical, oil and gas and defense industries. Currently the Company has 43 employees including 10 office and sales staff and 33 machinists, assembly personnel and quality assurance staff including the floor managers and programmers.
The CEO Bruce Baron Bruce Barren has been involved in the aerospace industry for some 45 years working with companies that manufacture component parts and defense electronics, as well as airline reservation systems to pressurized rubber products. During his distinguished career his client involvements have included such companies as: Elastomeric Silicone Products, Inc. (pressured airplane interior parts – window and door seals); G.C. International’s A.L. Johnson (parts manufacturer); Hydro-Mill Co. (fuselages and landing gears); Lorge Engineering, Inc. (forged parts); QSA Computers (reservation systems); Saab Scandia AB (aircraft manufacture, automobiles, and computers); SFS Industries, Inc, (rubber seals – aircraft).; Zwick Energy Research Organization, Inc. (de-icers); Airborne Product Support, Inc. (aircraft parts – wholesale) and The Mexmil Company (renamed: TMC Aerospace, Inc.: airplane interior products) plus Global E-Point, Inc. (commercial aircraft security systems). At Hydro-Mill, Mr. Barren was its Chief Executive Officer just prior to its sale.
Elite Machine Tool Company has provided sales and service and new and used machinery since 1990.
Websites
http://www.mlineholdings.com/
http://www.elitemachinetool.com/elite/
http://www.precisionaerotech.com/
Currently Panasonic is still Precision’s largest customer but now accounts for less than 50% of total revenues as business from other customers has increased. The company maintains considerable inventory, a high percentage to meet Panasonic’s order requirements.
$MLHC M Line Holdings Nine Month Period ended March 31, 2014..Revenues increased to $8,453,085 almost $1.7 million more than the comparable period from last year. EBITDA improved by $2,030,957 an increase of over 200% compared to the prior period in 2013. Bruce Barren, CEO of M Line, commented..."While we are concerned about the undervalued share price, we are confident that our market capitalization will rise substantially following the release of the 2014 results.”
http://www.mlineholdings.com/press_releases/m-line-holdings-inc-announces-final-results-for-the-nine-month-period-ended-march-31-2014-confirming-revenue-increase-of-25-over-the-comparable-period-in-2013/
MLHC..Managements recent accomplishments/execution
We have continued our negotiations with four prospective acquisitions. Final agreements are imminent.
~ Recent PR on 9/9/14 ~
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
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 will save considerable freight charges...The business has steadily increased revenues achieving over $8 Million in the year ended 12/31/2013.
... 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."
http://www.bluestarmachinery.com/
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."
"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.
Next possible acquisition target below:
Noticed Cummins Areospace next door to the new facility and MLHC headquarters
http://cumminsaerospace.com/contact-us/
MLHC/Precision Areospace
http://usplaces.com/others/anaheim-ca/precision-aerospace-technologies-inc
Made a deeper connection between MLHC and Cummins Aerospace.
Both ship parts to UTC Aerospace Systems!! And may both be connected with Boeing
http://cumminsaerospace.com/product-line/
http://www.mlineholdings.com/company-profile/
"Precision has also established Business Partnership Agreements with EXMD Airframe (former Boeing Canada/Aero Mecachrome) and Fairtech Engineering in India. Precision is Certified to AS 9100 Rev C, is proficient with Boeing D1-4426 and complies with Boeing D6-51991"
M Line Key customers of our group include Panasonic Avionics, UTC Aerospace Systems, Beckman Coulter, BE Aerospace and SIE (Structural Integrity Engineering, Inc.)
http://2012ar.utc.com/highlights_aerospace.htm
There is a 3-D printer listed on Mlhc website. NASA did some research research on 3-D printers...you print 3D tools in space. Cummins Aerospace does ship parts to NASA!!
Connect the dots between the PR 6/24/14 and 8/18/14. Seems the move and pending acquisitions took longer than expected, but everything on track now!! A big 10-K coming and
acquisition news. Should move up nicely from here.
News 8/4/14 ASHER ENTERPRISES, INC. has 0 shares, no diluting from them
Amended Statement of Ownership (sc 13g/a)
http://ih.advfn.com/p.php?pid=nmona&article=63139256