M Line Holdings Inc (MLHC)

[Helter Skelter]

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

New Customers Fuel Revenue and Substantial EBITDA Improvements at M Line-2014 Earnings Forecast on Target

Tustin, CA—May 21, 2014 – M Line Holdings, Inc. (OTC QB: MLHC; “M Line” or the “Company”), a leading provider of products, assemblies and services to the precision high tech segment of both the aerospace and medical industries as well as a seller of high end pre-owned Japanese Computer Numerically Controlled (“CNC”) Equipment, today announced it’s results for the 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.

After a careful review, the derivative calculation has been changed from our original estimate and the stated loss for the nine month period was $598,781 although this loss all relates to the non cash derivative calculation. This is compared with a stated loss of $1,355,415 for the comparable period in 2013, an improvement of over $756,000.

Bruce Barren, CEO of M Line, commented: “We are pleased with the results. True operating profits continue to grow and we are confident we will meet our forecast for the year ended June 30, 2014. 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.”

Tony Anish, COO of M Line, added: “We are now sprinting towards the year end attempting to close the year on a very positive note with revenues and EBITDA that our shareholders can be proud of. We are positioning your Company to reflect our substantial progress over the last nine months and in the near future. Next year we expect to see a totally different Company, since we anticipate that we will be able to close some of the acquisition targets with which we are negotiating.”

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MLHC's fiscal-year-end was June 30th. The annual report (FORM 10K) is due 90 days after period end. October 1st. That's 3 weeks from now.