M Line Holdings Inc (MLHC)

[gemmerling]

Tony's response to my questions today.

1. The noteholders said they weren't diluting will you be able to update the TA numbers earlier than next Thursday to prove the volume on Friday wasn't dilution?

2. The dividend was based on the Outstanding share count not going above 7.5 billion. If the outstanding shares go above that number are you going to adjust the dividend conversion rate?


3. It seems the plan is to move all MLHC assets to SQCC. What assets will eventually be left in MLHC?

Tony's response.

I am not sure that the transfer agents can update based on my request. I will ask them. I can however tell you it was not dilution on Friday.

We have absolutely no intention to move the assets of M Line to Square Chain. The assets left in M Line are the operating restaurants, the Pod manufacturing company, our distributors in Florida and the agreement with Rise which we are trying to complete.

As far as the dividend is concerned as it stands today the plan is to give 50,000,000 shares of Square Chain to shareholders of M Line. At this time there are no plans to change that.