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Otc.com has a list as does edgaronline as does the mlhc website
But company is behind on filings and in the process of catching up. Their fiscal year ends 6/30 and they owe three Qs to get get caught up . Should be soon
Next annual due in September
only mention was in the recent shareholder letter where they say:
3. Continue with the closing of the first two acquisition targets previously disclosed.
a. Blue Star Machinery Inc. is a targeted acquisition that will enhance our machine sales division. We had planned to close this acquisition much earlier but due to the delays with our financial reporting we were unable to close as originally planned. We now expect to close as soon as the 10-Qs are filed.
I am assuming We'd all prefer to read about any progress Precision Aerospace is making with their customers and contracts. It is worrisome that instead we read about vape pipes. If this is an addition and not a lame substitute, I am ok with that. Aerospace engineers and machinists can probably out manufacture most vape pipe fabricators, but I would like MLHC to reassure us that this isn't some way to fill their downtime from a loss in other lines of manufacturing orders.
With no word on Precision's progress in months, makes you wonder.
Come on Tony, fill in the blanks so we don't worse case scenario this
I think just recently
Will have to wait for Q1 of this recently begun fiscal year q1 ends sept 30th
The letter was very much appreciated
Yep but who knows how long this wait to get current and then close financing and acquisitions will now be
Oh well
On we wait
File your quarterlies!!!!!!!!!!!!!!! All three. All at once......
Please.
Thanks in advance
The vape pipes sure caught me off guard but I guess if you have the tools, the space, the materials..... Why not?
Bizarre twist, but I like the revenues from just that one product line.
And on we wait...
Thanks to the folks for buying up all 8mil dumped on Friday and holding the boat high and steady.
Totally not what I expected to see and happy to have seen it.
Go MLHC
Really appreciated the Mlhc experiment today.
By the way, an individual bowing out from not wanting to use any more of their time and money on a stock to see what eventually happens does not make it a scam upon their exit
Good luck to you!
Friday should be interesting
Their contact information is on their website
Not greedy to expect follow through on what the company in their own words stated was on its way soon in spring press releases and to expect them to not be nine months behind on filings.
Yes it was nice to see that 10k but you can't confirm a companies health on year old data.
Looking forward to current financials and no stop sign and no longer having very limited information.
I would like to confirm there is something of substance still left after the TCA bloodbath
that was the absolute worst analogy ever posted.
Congrats beachie
Your talent knows no bounds
nobody would fault you for paying attention to red flags. kinda smart.
though I still hope there is some good news for you before Friday.
good luck to you imacman
everything they said they would?
really?
where's the shareholder letter?
why haven't they filed any of the Qs from this year yet, Q1 was due last fall... and become current yet and gotten that Stop Sign taken care of yet or closed on the BlueStar Machinery acquisition yet or closed on all parts of the non-dilutive financing(was also due last fall)?
I am long and I am cheering for them to recover and get this train moving again and to build a great company
but that statement just isn't accurate.
they haven't followed through on anything yet and until they do the share price is Just.
patiently waiting........
That is good but I don't quite get why .001 has been the stalling point for four months now no matter the volume. The replenishment ask of .001 is a little concerning/curious.
Sure would help to hear the company communicate again especially regarding the so called recovery.
I don't mind being curious but being concerned needs to be put to rest with some filings and public relations.
whatever.
MLHC
Hmmm....Haven't seen dilution since last fall with MLHC. TCA apparently now on a nondilutive monthly payment plan. We should learn more soon enough what is funding those monthly payments.
That's ok. If the MLHC recovery is genuine and successfully communicated and managed once the story has substance, the speed doesn't matter much. IMO
More than anything I am just looking for confirmation that the time following this company hasn't been wasted on a speculative dead-end.
Going current, shareholder letter, closing of first acquisition, and guidance on next couple of acquisitions, details on current and future financing and how that relates to the health of the stock.....and a sigh of relief I guess is worth the wait if done right.
Would be helpful if the upcoming shareholder letter details what you describe regarding the ABL and actual profits replacing MLHC 's dilutive financing
Waiting, waiting, waiting....
Duh. Last June they did most definitely have TCA loan shark issues. Last June. 2014.
Or maybe they pick up some speed and get current by filing the Qs this week and close that acquisition before next Tuesday? That would make more sense as a timeline.... Unless it isn't important to them at all to own Bluestar within this fiscal year.
Really happy to have that 10k to read over this week though.
Bravo Mlhc on getting your ducks in a row!
M Line Holdings, Inc. Files Its 10-K for the Year Ended June 30, 2014
M Line Expects Positive EBITDA for Fiscal Year Ended June 30, 2015
ANAHEIM, CA / ACCESSWIRE / June 24, 2015 / M Line Holdings, Inc. (OTC: 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 Computer Numerically Controlled ("CNC") Machine Tool Equipment.
M Line today announced its audited results for the year ended June 30, 2014. The results show revenues of $8,701,122 for Fiscal 2014, compared to $9,324,685 for Fiscal 2013-a reduction of 6.8%. This drop in sales was due to the fact that revenue of $2,100,000 was reflected in the financial statements at $1,000. The reason for this was the payment for this work was in public company stock, the listing for which was deferred pending an independent appraisal or a new upgraded European Stock Exchange listing. As a result your Board felt it appropriate to value this revenue at a nominal value of $1,000 at this time. The shares will be listed again very shortly on the new exchange and the value will then be added back to the financial statements for Fiscal 2015. However, even with lower revenues, the EBITDA for Fiscal 2014 was $1,385,344 as compared to EBITDA of ($3,611,109) in Fiscal 2013. This was a massive improvement of $4,996,453. Both revenue and EBITDA were lower than forecasted for the reasons described above.
Bruce Barren, CEO of M Line, commented: "We are continuing to move forward with our Business Plan. Our results for Fiscal 2014 were 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's objectives have not changed. We can now begin to concentrate on closing various acquisitions and increasing Shareholder Value. We believe that in Fiscal 2015 ending June 30, we will not only achieve positive EBITDA but also positive net earnings. Stay Tuned."
Tony Anish, COO of M Line, stated: "We are now working diligently on our three outstanding 10-Q's which we plan to complete very shortly. We intend to file our Fiscal 2015 10-K by the end of this September. We will be fully SEC compliant very shortly at which time our first step will be to restore our listing back on the OTC QB, and when appropriate to the QX exchange."
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.
© © 1998 - 2015 Baystreet.ca Media Corp. All rights reserved.
Mlhc. Filings this week?
Thank you.
That's a mighty big negative they need to address. Hope they have a solution that will be intriguing enough and not just let it go unconsidered
More than a month has passed since the announced date of closing bluestar. Mlhc super silent
True rockman. Mlhc is undervalued. Once they are current maybe they will start up some PR and let the world know that.
MLHC has 2 weeks to close bluestar and get them on the 2015 books. Wonder what is holding things up?
I feel you are right about that. Why bother if not?
Company updated SS on home page last week. I suppose with the filings if they happen this month we can confirm all
Most of those articles are about Malone Bailey resigning once they find evidence of pink sheet fraud or Chinese fraud in the books of the companies that hired them on to audit them. Which means they refuse to sign off on the filings for those companies and the companies then have to fire MB or MB resigns and they hire a more agreeable (fool) to sign off on their questionable books.
But yes, anyone hiring themselves out to every pinky who calls them up is going to be looked at for questionable associations and ethics even if they are smart and head out the door when companies are discovered to have no substance.
That they haven't resigned perhaps is a good sign?
Guess you can spin that either direction
Seriously? 100 shares sold to pull it back down to .0008. Ridiculous.
Yep, they do seem peculiar. Verge of good news since March? Odd.
It's frustrating but I will give them until the end of June when their current fiscal year ends. If there is any date to get that acquisition closed by, it is that one, so that something regarding bluestar can be on the books.
Someone went on an MLHC shopping spree today.
Speechless?
WAKE UP and get your company current!!
Thanks.
Thanks Glenn
Now I know what a "homing pigeon" is.