Tuesday, January 23, 2018 3:17:32 PM
M Line Holdings, Inc. Announces Progress in Becoming Current in Its OTC Filing Requirements
M Line is Working on New Communication Strategies and Acquisition Opportunities
ANAHEIM, CA / ACCESSWIRE / January 23, 2018 / M Line Holdings, Inc. (OTC PINK: MLHC) ("M Line" or the "Company") announces plans to catch up on financial reporting requirements as part of its new strategy to become current and to grow the business through acquisitions.
The first phase of this initiative will be to update public communication through a new website and complete filings to be a current in it's reporting requirements. Management has sourced the necessary resources for these tasks and is working diligently to complete them in the near term.
Due to circumstances beyond Management's control, the Company has been unable to file audited financial statements and as a result, a form 15 was filed. The missing unaudited financial statements will be filed as soon as possible. It has taken the Board considerable time to harness these necessary assets for the Company but management believes that M Line has a bright future.
Tony Anish, CEO of M Line stated, "After a difficult year the Company is rebuilding its business base with income being generated by its financial services division. We are also looking forward to announcing the first of M Line's new acquisitions. There is an enormous amount of work to be done but we believe we are heading in the right direction. Corporate overheads will be very low leaving most of the profit available to pay off any remaining old debt and clean up the Company."
About M Line Holdings, Inc.
M Line has historically been a holding Company with subsidiaries primarily involved in the aerospace industry and business financing. In the future, the Company will continue with its business financing activities, continue to contemplate aerospace opportunities as well as introduce new businesses to the group.
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM