M Line is Working on New Communication Strategies and Acquisition Opportunities
ANAHEIM, CA / ACCESSWIRE / January 23, 2018 / M Line Holdings, Inc. (OTC PINK: MLHC) ("M Line" or the "Company") announces plans to catch up on financial reporting requirements as part of its new strategy to become current and to grow the business through acquisitions.
The first phase of this initiative will be to update public communication through a new website and complete filings to be a current in it's reporting requirements. Management has sourced the necessary resources for these tasks and is working diligently to complete them in the near term.
Due to circumstances beyond Management's control, the Company has been unable to file audited financial statements and as a result, a form 15 was filed. The missing unaudited financial statements will be filed as soon as possible. It has taken the Board considerable time to harness these necessary assets for the Company but management believes that M Line has a bright future.
Tony Anish, CEO of M Line stated, "After a difficult year the Company is rebuilding its business base with income being generated by its financial services division. We are also looking forward to announcing the first of M Line's new acquisitions. There is an enormous amount of work to be done but we believe we are heading in the right direction. Corporate overheads will be very low leaving most of the profit available to pay off any remaining old debt and clean up the Company."
About M Line Holdings, Inc.
M Line has historically been a holding Company with subsidiaries primarily involved in the aerospace industry and business financing. In the future, the Company will continue with its business financing activities, continue to contemplate aerospace opportunities as well as introduce new businesses to the group.
Safe Harbor and Informational Statement
This press release may contain forward-looking information within the meaning of Section 21E of the Security Exchange Act of 1934, as amended (the Exchange Act), including all statements that are not statement of historical fact regarding the intent, belief or current expectations of the company, its directors or its officers with respect to, among other things: (i) the company's financing plans; (ii) trends affecting the company's financial conditions or results of operations; (iii): the company's growth strategy and operating strategy; and (iv) the declaration and payment of dividends.
The words "may," "would," "will," "expect," "estimate," "anticipate," "believe," "intend," and similar expressions and variations thereof are intend to identify forward-looking statements. Investors are cautioned that any such forward-looking statement are not a guarantee of future of future performance and involve risks and uncertainties, many of which are beyond the company's ability to control, and that actual results may differ materially from those projected in the forward-looking statements as a result of various factors including the risk disclosed in the company's statements and reports filed with the OTC Markets. The Company claims the safe harbor provided by Section 21E(c) of the Exchange Act for all forward-looking statements.
For more information, contact:
Tony Anish
E Mail: info@mlineholdings.com
SOURCE: M Line Holdings, Inc.
