M Line Holdings Inc (MLHC)

[doogdilinger]

Bottom line is that we now know the reason MLHC hasn't run to pennyland yet is because we've had to absorb approximately 1.7B old overhang shares that have been liquidated into the float over the past few months since the last OTC Markets tradable float number was reflecting a 2.1B tradable float right buddy!

But the best part now is that the bulk of those old overhang shares have now been liquidated into the float and the O/S is not increasing one iota and won't be increasing one iota moving forward!

So kudos to the CEO for updating the share structure numbers on OTC Markets to reflect an O/S of 4.2B and unrestricted amount of 3.8B...as now ALL the recent uncertainty of these past several weeks/past couple of months has been removed from the equation and we have proof positive that MAXM was in fact liquidating the last of the old float overhang shares increasing the tradable float to its current 3.8B number while not issuing any new notes to any funders whatsoever...and now the bulk of those old overhang shares are extinguished and we're working with a static O/S of 4.2B shares and 400M restricted shares and a tradable float of 3.8B woot-woot>>>

https://www.otcmarkets.com/stock/MLHC/security