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Re: tutankhamuns post# 613

Monday, 04/01/2019 5:07:35 PM

Monday, April 01, 2019 5:07:35 PM

Post# of 1135
MLHC does not control SQCC (PROOF)

Filings > PRs

The PRs state:

Newport Beach, CA, March 15, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- M Line Holdings, Inc. (OTC Pink: MLHC; "M Line" or the “Company”) announces that it has sold its real estate assets and its interest in the Caravel Group to Square Chain Corp. (OTC Pink Stock Symbol “SQCC”) for stock in Square Chain Corporation (“SQCC”), a significant portion of which will be issued to M Line shareholders as a dividend.

Tony Anish, CEO of M Line, commented: “These acquisitions bring immediate revenues to SQCC and start the growth of the Company. They also bring strong assets to the Balance Sheet. SQCC’s parent Company is M Line Holdings, Inc. who will keep a controlling interest even after distributing some of its SQCC shares as a dividend to M Line’s shareholders, subject to regulatory approval. These actions will have a very positive impact on SQCC as it will increase the number of shareholders of SQCC and generate more interest in SQCC.

However, this is specifically stated in SQCC’s own filings...

On March 7, 2018, the Company filed a Certificate of Designation to its Amended and Restated Articles of Incorporation for a new series of preferred stock titled Series B Super Voting Preferred Stock whose par value is $.001. Under the terms of the designation, the Company is authorized to issue 10,000 shares and the holder of the Series B Super Voting Preferred Stock has voting rights equal to 20 times the sum of: i) the total number of shares of Common stock which are issued and outstanding at the time of voting, plus ii) the total number of shares of all Series of Preferred stocks which are issued and outstanding at the time of voting. As of December 31, 2018, there are 10,000 shares of Series B Preferred stock issued and outstanding.


https://backend.otcmarkets.com/otcapi/company/financial-report/212386/content

Now look at the Unregistered Sales of Equity...

In March 2018, the Company issued 10,000 shares of its Series B Preferred stock to an officer for services rendered on behalf of the Company.


https://www.nvsos.gov/sosentitysearch/corpActions.aspx?lx8nvq=SqJRoTpsUiT3FjVNq65VCQ%253d%253d&CorpName=SQUARE+CHAIN+CORPORATION

Essentially, Jeffrey J. Parker still retains voting control over SQCC since he was the only officer at the company when the above mentioned issuance occurred.

On March 6, 2018, the Custodian of the Company appointed Jeffrey J Parker as the Company’s sole officer and director. All past officers and directors were terminated from their position for abandonment of the Company.



Anish is a LIAR and a puppet hired to pump SQCC. IMO

$SQCC