Enjoying family time and....DD on stocks....
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She's winding the spring tighter.....BOING! Really, great solid company! Ready! $$$$
MLHC could have an EPIC RUN $$$$ read below in case ya didn't see it!
10/28/2014 NEWS 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, Oct 28, 2014 (Marketwired via COMTEX) -- 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.
For further information contact
Tony Anish
tony@mlineholdings.com
SOURCE: M Line Holdings, Inc.
(C) 2014 Marketwire L.P. All rights reserved.
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SUBJECT CODE: Aerospace and Defense:Aircraft
Aerospace and Defense:Electronics and Communications
Aerospace and Defense:Land Vehicles
Transportation and Logistics:Air Freight
Manufacturing and Production:Machinery and Tools
Medical and Healthcare:Facilities and Providers
Medical and Healthcare:Medical Devices
Aerospace and Defense:Marinecraft
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It sure LOOKS LIKE one! They've tried to shake our shares....were holding tight! Real company, real revenue, rumored merger and acquisition!.....$$$$
lol....yes, have a GREAT TRIP AND VISIT! Goooo DOMK!
Smart! Hindsight is 20/20! Lol...we should all be gazillionaires by EOD, THE WAY SHE SHOPS, lol (8 I'm giving you follow mark # 58
Nooo joke! Lol.....my first wife and son are looking now! Double thumbs up there also! Great idea! Glad to have entered on the ground floor. Knowing higher risk?...BUT MUCH HIGHER POTENTIAL ON RETURNS! $$$$
Goodmorning! She found ALOT on the simbadeals.com website! We normally go to sleep at 8:00 as we typically get up at 4:00. It was 11:00 before she got off the web-site! Yawn! She was like a kid in a candy store! There were sooooo many things to choose from! she was quick to learn the ins and outs of how to navigate and search! She will probably order stainless steel throwing stars from the martial arts section, as her first order today. Loads of choices! Prices were surprisingly good! Wow! i think she going to be a regular!
Thank you ducduc1 for your comment. It inspired me to test the website....soooo! I just asked my wife...(she loves ta shop) to look at the simbadeals.com website for feedback.... She's already shopping! OMG she's getting MY credit card...lol.... This stock should move nicely, hopefully, organically! (8. $$$$ GLTA ohhh I'm giving you follow mark #10.
GN and yes, would ALSO love to hear from PTLIAMHIS SOON! Still praying for PTLIAMHIS' Mom's FULL and SPEEDY RECOVERY!!!!!!!
GN Flex and Nation! (8
Lol...NOT crash.....my my iPad types what it wants sometimes..DIP... CONSOLIDATION then RUN LIKE A FREIGHT TRIN THATS MISSING THA BRAKES!!!!!! TRAIN 777! For those that saw the movie...History repeats figure the average of the last 30 years and add 10% for inflation...(8.....lol.....every dip or crash end up correcting on the big boards....overall! (8
Yup! They sure have a lotta clout! (-8
There is one coming...its about that time with all the tensioM, stressors, GREED in place....HISTORY TENDS TO REPEAT ITSELF....it'll CRASH...IMHO
I think your right.....it's about time for the OTC to rev its engines and MOVE ON UP! $$$$
YUP! That's how it works!
OTFLMBOA....COULDNT HAVE SAID IT BETTER MYSELF! Bounce MLHC BOUNCE $$$$
HAPPY BIRTHDAY BRIAN!!!
CADY LOOKS GOOD FOR THE LONG HAUL! $$$$
MLHC looks great and the chart says VVVVVVVRROOOOOOOOM TIME! We'll see! $$$$
If tight hands bought the shares....0003-.0009-upward....no problem! My bet is on upward! I think when FBEC TAKES OFF....IT WILL EXPLODE!
Great post! Go MLHC! $$$$
Yup! Slap tha A$K till the ASK SLAPPER IS SORE! TY let her RUN....$$$$...
Once ETRF STUCK HIS FAT A$K up there at .0005 the MOMO slowed....)8...then others followed...tomorrow is another day....hold tight let her RUN...like the SMART TRADERS AT ELRA.....$$$$....IMHO
MLHC could RUN LIKE ELRA....$$$$ get off the ASK and let her RUN...LOL (8. Two months till possible dilution and NONE PLANNED AT THIS TIME....READ THE FINE PRINT....
Yup! Also notice they are not planing to use the. New shares at this time!
Yup! That's what I read! I also read there are no current plans to use them! SAD ): for those that sold yesterday!
MLHC....SPRINGS ARE COILED...READY TO BOUNCE....$$$$.....slap the ASK....LETS GO TIME....$$$$
ELRA'S EPIC RUN STARTED JUST ABOUT....LIKE THAt!
Additionally read the detail about.....underlined....below
INCREASE IN THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK
GENERAL
The number of authorized shares of our Common Stock will be increased from one billion (1,000,000,000) shares to ten billion (10,000,000,000) shares (the “ Authorized Share Increase ” or the “ Action ”).
The primary purpose of the Action is for general corporate purposes, including, without limitation, capital raising, merger and acquisition opportunities, the issuance of stock dividends or stock splits, and other general corporate purposes.
The effect of the adoption of Action would be to grant the Board the authority to issue shares of Common Stock.
The Board has made no decisions or commitments with respect to the use of the requested shares of Common Stock and it has no plans to commence an offering of any of the Company’s shares at this time. [color=red][/color]The Board believes, however, that the Action provides the flexibility the Company needs to satisfy its obligation to raise additional capital to support the Company. Approval of the Action permits the Company to take advantage of opportunities as they arise.
Yup! She sure is setting up ta move NORTH with all tha going on!
FBEC$ KEEPING THE FAITH!! $$$$
GM I think it's going to be a busy week!
STLK looks like she found bottom.....may have buy some more...on the ASK!
UNGS MLHC FBEC CADY SHOULD PAY OFF SOON FOR THE PATIENT! $$$$ (8$
CADY LOOKS ABOUT READY! $$$$
I did NOT hear vanity, I heard well earned confidence! I also heard a message to those that have DIFFERENT trading values! That message in my opinion is IMPORTANT! If traders are going to rely on your DD for alerts or leads to Trade, THEN IT MAKES SENSE TO HONOR YOUR METHOD OF TRADING ON THOSE LEADS AS WELL! (8. If one sacrifices honor and integrity.....can anything else matter? (%
Although we don't have a place (that I know of) in Texas t o bet on games. Watching your play out is FUN on the weekends. Please keepem coming and posted! (8
NICE! That message nailed it! (8
8)....YW...my equally dear friend! (8 AND GM
Nothin is like "home sweet home!" !
Nice song for the weekend!