M Line Holdings Inc (MLHC)

[PENNY STOCK GURUS]

POINTS OF EMPHASIS FROM TODAYS PR!

“This is a fantastic transaction for M Line.  M Line will control the public entity and I will take over as CEO.  M Line will consolidate the results of the new company. This transaction is expected to close within ten days.“

“The new entity we plan to acquire currently generates over $12 million in revenue and is expected to grow to over $17 million revenue this year.”

“The new entity has no convertible debt”

“Our plans include giving shareholders a stock dividend of shares in the new entity, in a ratio to be determined, subject to regulatory approval”