M Line Holdings Inc (MLHC): Plus the AS will not effectively increas...

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Ardbeg

Re: Highlandmike post# 16020

Monday, 10/27/2014 10:21:31 AM

Monday, October 27, 2014 10:21:31 AM

Plus the AS will not effectively increase until early December according to the Proxy statement. So, for now shareholders are safe from dilution above 1B.

From the proxy filing:

ACTIONS TO BE TAKEN

The Authorized Share Increase will become effective on the date that we file the Certificate of Amendment to the Company’s Articles of Incorporation, as amended (the “Amendment”) with the Secretary of State of the State of Nevada. We intend to file the Amendment with the Secretary of State of the State of Nevada promptly after the twentieth (20th) day following the date on which this Information Statement is mailed to the Stockholders.

We will mail the Notice of Stockholder Action by Written Consent to the Stockholders on or about November 14, 2014.

Places the AS increase effective date roughly on December 4, 2014.

A lot can happen between now and December!

MLHC