ANAHEIM, CA / ACCESSWIRE / July 16, 2015 / M Line Holdings, Inc. (PINKSHEETS: MLHC "M Line" or the "Company"). M Line today confirmed that it has started full production of its new Vaporizer Pipe that M Line designed in conjunction with its new customer. This new product line anticipates a run rate in additional revenues of approximately $3 million per annum. Our portable product, built of high quality metal, offers unmatched quality in design and function, with adjustable temperature control and an advanced LED display that enables customers to manage the burn. Our current design includes a mini USB recharging port.
The Vaporizing industry is a high growth sector in the tobacco industry and is a known alternative to cigarettes. The growth is in line with the shift in consumer demand away from tar laden cigarettes. Our new product strategy is to explore unconventional products that will incorporate intellectual property including patents, copyrights and trademarks as well as the development and marketing of ancillary consumer products.
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