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Am just curious about one thing. With 212 being a larger, more profitable company then Nyxio, why is 212 merging with Nyxio and not the other way around? Isn't it usually the larger company taking over the smaller company? Seems kind of backwards to me.
DID you really take the time to photoshop that. lol. pathetic
MLHC News!!!!
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 +
ANAHEIM, CA, Oct 16, 2014 (Marketwired via COMTEX) -- 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."
MLHC News!!!!
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 +
ANAHEIM, CA, Oct 16, 2014 (Marketwired via COMTEX) -- 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."
NYXO .0001/.0002 Reverse Merger DD..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=106951971
Potential LOTTO
Please provide facts to back up your claims
Just stopped by the total wine store in Reno and found some of the day of the dead beer here. It looked like people were buying it as the shelve was half empty. Heading out of town today but gonna try it when I get back.
I like the charts. They are looking really good with this stock. A reversal is in progress in my opinion.
And apparently someone else here doesn't have ANY facts to back up his claims. That's too bad because that would make for a healthy debate.
But anyways....go MINE
Riding free shares now....yippee. go VIIC
MELY Huge news!!
http://www.otcmarkets.com/stock/MELY/news
Give them time. Their website was switched from a third party server to their own server. So the website you see online is hosted by them, not someone else like it was before, so you can still see it. My guess is that they will start bringing the servers up tomorrow at some point, but only speculation on my part.
I don't post that much at all, but this is a company I believe in. Long and strong. They may be a bit late into the game, but there's still plenty of money to be made in bitcoin.
The PPS has only gone down because people are impatient, and maybe a bit of dilution, no one knows. Remember, they are still several months ahead of the original deadline, and moving forward at a steady pace.
One other thing that grinds my gears, gotta love family guy...lol, is sending ridiculous emails to them asking to do something about the PPS. Their doing what they can, problems occur in running a business. Things don't always go according to plan. They don't control the PPS as much as us and the mm's. There's not much they can do as a small business. PLEASE....JUST LET THEM DO THEIR THING!!!! And quit bashing them. I know several people that run their own small PRIVATE businesses, and I assure you, bugging them is not good for the business. It will hopefully all work out in the end.
Just my 2 cents
Who keeps on puting the 777 bids in? lol Been happening all day
The WEST COAST is awake. At least I am ;)
MELY. Any thoughts?
Nyxio Technologies
?@NyxioTech
Alright!!! It looks like something we have all been patiently waiting for is set to happen really soon - keep your eyes peeled! #GONYXO!
Alright!!! It looks like something we have all been patiently waiting for is set to happen really soon - keep your eyes peeled! #GONYXO!
— Nyxio Technologies (@NyxioTech) June 16, 2014