Thursday, December 31, 2015 11:11:47 AM
Item 5.02 Termination of a CEO and Director
(a)
Termination of a CEO and Director
On December 24, 2015, Alan Greenstadt resigned as CEO and a Director of M Line Holdings, Inc.
Mr. Greenstadt was appointed CEO on September 28, 2015. He has resigned after it was recognized that the daily travel necessary to effectively perform all of his duties is greater than had been anticipated.
Mr. Greenstadt will actively act as a consultant to assist in the future growth of the Company.
In addition Mr. Greenstadt has agreed to become the initial member and Chairman of the Company’s proposed new Advisory Board. In this capacity he will manage the activities of the Advisory Board as well as recommend new members so that it can provide effective support to the growth and acquisition strategy of the Company.
everything I say and have said is just my opinion
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