M Line Holdings Inc (MLHC)

[QServus]

As per last filing, Anish appears to be in hot water with TCA.

The Company has accrued $3,245,030 and 3,245,030 in the financial statements that includes all interest and fees due to Plaintiff through December 31, 2018 and June 30, 2018.

Litigation is subject to inherent uncertainties, and unfavorable rulings could occur. If an unfavorable ruling were to occur in any of the above matters, there could be a material adverse effect on the Company’s financial condition, results of operations or liquidity.

The related provisions for these litigations are reported under litigation payable, accounts payable and accrued expenses and other in the consolidated balance sheets.